# EDGAR Filing Document

**Accession Number:** 0001877632
**File Stem:** 0001999371-26-012945
**Filing Date:** 2026-6
**Character Count:** 1948373
**Document Hash:** 0cc3a6e0b7b3262bc5777d301972663a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-012945.hdr.sgml**: 20260616

**ACCESSION NUMBER**: 0001999371-26-012945

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

**PUBLIC DOCUMENT COUNT**: 64

**CONFORMED PERIOD OF REPORT**: 20260616

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

**FILED AS OF DATE**: 20260616

**DATE AS OF CHANGE**: 20260616

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-05717
- **FILM NUMBER:** 261095889

**BUSINESS ADDRESS:**
- **STREET 1:** ANGEL OAK CAPITAL ADVISORS, LLC
- **STREET 2:** 980 HAMMOND DRIVE, SUITE 200
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30328
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** ANGEL OAK CAPITAL ADVISORS, LLC
- **STREET 2:** 980 HAMMOND DRIVE, SUITE 200
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30328
**DEPOSITOR**: 

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

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

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

**BUSINESS ADDRESS:**
- **STREET 1:** ANGEL OAK CAPITAL ADVISORS, LLC
- **STREET 2:** 980 HAMMOND DRIVE, SUITE 200
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30328
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** ANGEL OAK CAPITAL ADVISORS, LLC
- **STREET 2:** 980 HAMMOND DRIVE, SUITE 200
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30328

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM ABS-15G**

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**ASSET-BACKED SECURITIZER REPORT**

Pursuant to Section 15G of

the Securities Exchange Act of 1934

**AOMT II, LLC**

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

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

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

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(Exact name of securitizer as specified in its charter)

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

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

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

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

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

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

**Angel Oak Mortgage Trust 2026-3**

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

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

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

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

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

Name and telephone number, including area code of the person

to contact in connection with this filing

**PART I – REPRESENTATION AND WARRANTY INFORMATION**

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

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Not applicable.

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

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Not Applicable.

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

---

Not Applicable.

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

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

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

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

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Not Applicable.

**SIGNATURES**

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

---

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

---

Date: June 16, 2026

**EXHIBIT INDEX**

---

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

---

## Exhibit 99.1

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.1**

![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client") through its correspondent flow business channel. The Review was conducted on Loans with origination dates from July 2025 to February 2026 via files imaged and provided by the Client or its designee for review. The Review included loans reviewed under the Credit and Compliance Scope (9 mortgage loans) and the Leases Review Scope (3 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Leases Review Scope) are together referred to as the Loans.

The securitization transaction referred to as the AOMT 2026-3 transaction (the "Current Securitization") has an aggregate loan population of 12. In total during the Review, AMC reviewed a total of 12 unique mortgage loans for inclusion in the securitization.

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

During the course of the securitization evaluation process, the Client may have removed loans that were reviewed by AMC from the securitization for paid-in-full mortgage loans or other items that were not disclosed to AMC. The final population of the Review covered 12 Loans totaling an aggregate original principal balance of approximately $4.759 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

Within this population there were 12 Loans that were reviewed by AMC to nationally recognized statistical rating organizations, NRSRO(s), standards for compliance, credit, and valuation (the "Residential Population").

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

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

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

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Originator Loan Designation |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;MERS Min Number | &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Prepayment Penalty Enforcement |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;Original Term | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Originator Application Date | &nbsp;&nbsp;Zip |

---

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(VI) Document Review**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
TIL;

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

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

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

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

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

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

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

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

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**<u>FOR APPLICATION DATES ON OR AFTER JANUARY 10, 2014</u>**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XI) FIRREA Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(XIII) Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 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.

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**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

**COMPLIANCE RESULTS SUMMARY**

Note the three (3) Leases were not assigned a Compliance grade. Of the remaining nine (9) loans reviewed for compliance, all nine (9) loans (100%) subjected to a compliance review received an "A" Compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Compliance Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;12 | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

Within the securitization population, all twelve (12) Loans (100.00%) possessed an "A" Credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &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;**12** | &nbsp;&nbsp;**100.00%** |

---

12 \| P a g e

![](ex991001.jpg)

**PROPERTY/VALUATION RESULTS SUMMARY**

Within the securitization population, all twelve (12) Loans (100.00%) possessed an "A" Property grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &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;**12** | &nbsp;&nbsp;**100.00%** |

---

**OVERALL RESULTS SUMMARY**

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

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &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;**12** | &nbsp;&nbsp;**100.00%** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the twelve Loans reviewed, there were 36 different tape discrepancies across 16 data fields. As discussed above, there were 36 data fields included in the tape integrity review. Not all data fields would have been provided on all Loans within the securitization population. Please note that Investor: Qualifying Total Debt Ratios where the variance was less than 200 basis points were excluded as deltas.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**# Of Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;28.57% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;MERS Min Number | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;12 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Originator Application Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Originator Loan Designation | &nbsp;&nbsp;3 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Penalty Enforcement | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;5 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**36** | &nbsp;&nbsp;**205** | &nbsp;&nbsp;**17.56%** | &nbsp;&nbsp;**12** |

---

13 \| P a g e

![](ex991001.jpg)

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY\***

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4759203.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &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;12 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4759203.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &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;6 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;$2471000.00 | &nbsp;&nbsp;51.92% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$301085.00 | &nbsp;&nbsp;6.33% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$1201550.00 | &nbsp;&nbsp;25.25% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;2 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$785568.00 | &nbsp;&nbsp;16.51% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &nbsp;&nbsp;**100.00%** |

---

14 \| P a g e

![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;12 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4759203.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;5 | &nbsp;&nbsp;41.67% | &nbsp;&nbsp;$2063518.00 | &nbsp;&nbsp;43.36% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;2 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$465085.00 | &nbsp;&nbsp;9.77% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;2 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$676600.00 | &nbsp;&nbsp;14.22% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;2 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;$1404000.00 | &nbsp;&nbsp;29.50% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$150000.00 | &nbsp;&nbsp;3.15% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &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;7 | &nbsp;&nbsp;58.33% | &nbsp;&nbsp;$2711603.00 | &nbsp;&nbsp;56.98% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;4 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;$1718000.00 | &nbsp;&nbsp;36.10% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;8.33% | &nbsp;&nbsp;$329600.00 | &nbsp;&nbsp;6.93% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Profile** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Full Credit/Compliance | &nbsp;&nbsp;9 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;$3721203.00 | &nbsp;&nbsp;78.19% |
| &nbsp;&nbsp;Leases | &nbsp;&nbsp;3 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$1038000.00 | &nbsp;&nbsp;21.81% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4759203.00** | &nbsp;&nbsp;**100.00%** |

---

15 \| P a g e

## Exhibit 99.2

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.2**

**Valuation Report**

**Run Date - XXX XXX** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXX | 2026020102 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2026020106 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| XXX | 2026020126 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.00 |
| XXX | 2026020433 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.00 |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.60 |
| XXX | 2026020435 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.00 |
| XXX | 2026020437 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.00 |
| XXX | 2026020438 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 999.00 |
| XXX | 2026020256 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2026020152 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| XXX | 2026020443 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.30 |
| XXX | 2026020436 | XXX |  | XXX | XXX |  | XXX |  | XXX | 0.000% | XXX | XXX | XXX | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | XXX | XXX | Desk Review | Clear Capital |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |

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## Exhibit 99.3

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.3**

**Exception Grades**

**Run Date - XXX XXX** 

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXX | 2026020102 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Missing Document | XXX Documents are missing. | Address: XXX, XXX, XXX Verification | The file was missing a copy of Insurance Document of property XXX: |  |  |  | Reviewer Comment (XXX): Provided XXX for XXX<br>Buyer Comment (XXX): See attached XXX<br>Reviewer Comment (XXX): The insurance payment for the investment property #XXX is used under DTI calculation. We have received the invoice; however, we require the XXX. Exception remains.<br>Buyer Comment (XXX): lender docs uploaded<br>Reviewer Comment (XXX): Received invoice. Please provide the complete XXX for the property #XXX. Exception remains.<br>Buyer Comment (XXX): docs uploaded | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXX | 2026020106 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | Check Loan Designation Match - XXX | Ability to Repay (XXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of XXX Fail. | Missing third party verification of business dated within XXX business days prior to Note date, missing borrower's percentage of business ownership. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Reviewer Comment (XXX): There is one CPA letter in the file dated more than XXX days prior to Note date, exception remains.<br>Buyer Comment (XXX): There are XXX CPA letters provided. XXX pre closing but not within XXX days of note. And one post close, prior to delivery. This should be sufficient. Please review.<br>Reviewer Comment (XXX): Missing third party verification of business dated within XXX business days prior to Note date, missing borrower's percentage of business ownership.<br>Buyer Comment (XXX): see attached narrative | XXX XXX |  |  | 1 B A C | XXX | XXX | XXX | XXX | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes |
| XXX | 2026020106 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (XXX): Unable to verify current employment status using reasonably reliable third-party records. (XXX,XXX/Bank Statements) | Missing Third Party Verification/CPA letter for borrowers' business |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Reviewer Comment (XXX): There is one CPA letter in the file dated more than XXX days prior to Note date, exception remains.<br>Buyer Comment (XXX): There are XXX CPA letters provided. XXX pre closing but not within XXX days of note. And one post close, prior to delivery. This should be sufficient. Please review.<br>Reviewer Comment (XXX): Missing third party verification of business dated within XXX business days prior to Note date, missing borrower's percentage of business ownership.<br>Buyer Comment (XXX): see attached licensing | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020106 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (XXX): General Ability-to-Repay requirements not satisfied. | Missing business narrative. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared. | XXX XXX |  |  | 1 A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020106 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXX Borrower's Percentage of Business ownership, Third Party Verification | Missing third party verification of business dated within XXX business days prior to Note date, missing borrower's percentage of business ownership. |  |  |  | Reviewer Comment (XXX): Documentation provided; exception cleared.<br>Reviewer Comment (XXX): CPA letter has been considered which is dated XXX. However, a Third-Party Verification of the business, dated within XXX business days prior to the Note date, is still required. Exception remains.<br>Buyer Comment (XXX): There are XXX CPA letters provided. XXX pre closing but not within XXX days of note. And one post close, prior to delivery. This should be sufficient. Please review.<br>Reviewer Comment (XXX): CPA letter has been received. However, a Third-Party Verification of the business, dated within XXX business days prior to the Note date, is still required. Exception remains<br>Buyer Comment (XXX): See percentage of ownership documentation | XXX XXX |  |  | 1 A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020126 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing XXX month history of Primary residence. Lease agreement and complete payment history was not provided. Missing evidence of rent payment for XXX. |  |  |  | Reviewer Comment (XXX): Received Bank Statements and XXX to verify XXX months rental history for Primary property. Exception Cleared.<br>Buyer Comment (XXX): see attached statements and XXX<br>Reviewer Comment (XXX): As per the guidelines, a XXX-month housing history is required for the primary residence. The provided bank statements do not reflect a continuous XXX-month history; additionally, evidence of rent payment for XXX is missing. Please provide proof of rent payment for XXX along with the Verification of Rent (VOR) or a copy of the lease agreement. Exception remains.<br>Buyer Comment (XXX): See docs provided | XXX XXX |  |  | 1 C A D | XXX | XXX | XXX | XXX | D A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | XXX Defect | (XXX High Cost Disclosure) XXX High-Cost Mortgage Loan (XXX Disclosure Not Provided) | Truth in XXX (XXX): XXX disclosure was not provided to the Borrower | XXX and XXX XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. |  |  |  | Reviewer Comment (XXX): Exception cleared<br>Buyer Comment (XXX): The attestation refers to the XXX by XXX, which would be the XXX XXX Report<br>Buyer Comment (XXX): Attestation Uploaded<br>Reviewer Comment (XXX): We have XXX different XXX reports (this time both completed post-closing) with XXX different values for undiscounted rate and price. We would need an attestation from the lender to outline what the Undiscounted Rate and Undiscounted Rate Price were for this file.<br>Buyer Comment (XXX): Client does not agree that this is a high cost loan. Providing XXX and Rate document.<br>Reviewer Comment (XXX): XXX = Undiscounted Rate .<br> XXX Undiscounted Rate Price.<br> Doc id is XXX.<br>Undiscounted Rate – Note rate.<br> XXX% – XXX% = .XXX.<br> Rate difference / Actual Discount points charged.<br> .XXX / XXX = .XXX%.<br> .XXX% do not meet the client's deal settings of XXX to be considered XXX.<br>Reviewer Comment (XXX): XXX and XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. An external document confirming how XXX reviews points and fees has been uploaded as of XXX into this loan for reference.<br>Buyer Comment (XXX): I consulted with our internal compliance manager who has provided the following in response to this exception: Not required as the loan is not high cost. XXX points not applied to testing based on exception. We have XXX in the XXX rate captured per the client XXX which brings the High Cost below the XXX% threshold for the NonQM product. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | XXX Defect | (XXX High Cost Provision) XXX High-Cost Mortgage Loan (Financed Points and Fees) | Truth in XXX (XXX): Mortgage loan financed Points and Fees. | XXX and XXX XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. |  |  |  | Reviewer Comment (XXX): Exception cleared<br>Buyer Comment (XXX): The attestation refers to the XXX by XXX, which would be the XXX XXX Report<br>Buyer Comment (XXX): Attestation Uploaded<br>Reviewer Comment (XXX): We have XXX different XXX reports (this time both completed post-closing) with XXX different values for undiscounted rate and price. We would need an attestation from the lender to outline what the Undiscounted Rate and Undiscounted Rate Price were for this file.<br>Buyer Comment (XXX): Please see exception XXX.<br>Reviewer Comment (XXX): UDR = Undiscounted Rate .<br> UDRP Undiscounted Rate Price.<br> Doc id is XXX.<br>Undiscounted Rate – Note rate.<br> XXX% – XXX% = .XXX.<br> Rate difference / Actual Discount points charged.<br> .XXX / XXX = .XXX%.<br> .XXX% do not meet the client's deal settings of XXX to be considered XXX.<br>Reviewer Comment (XXX): XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. An external document confirming how XXX reviews points and fees has been uploaded as of XXX into this loan for reference.<br>Buyer Comment (XXX): I consulted with our internal compliance manager who has provided the following in response to this exception: Not required as the loan is not high cost. XXX points not applied to testing based on exception. We have XXX in the XXX rate captured per the client XXX which brings the High Cost below the XXX% threshold for the NonQM product. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | XXX Defect | (XXX High Cost Provision) XXX High-Cost Mortgage Loan (Late Charge) | Truth in XXX (XXX): Mortgage loan contains a late charge that exceeds the greater of XXX% of the amount past due or grace period of less than XXX days. | XXX and XXX XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. |  |  |  | Reviewer Comment (XXX): Exception cleared<br>Buyer Comment (XXX): The attestation refers to the XXX ran by XXX, which would be the XXX XXX Report<br>Buyer Comment (XXX): Attestation Uploaded<br>Reviewer Comment (XXX): We have XXX different XXX reports (this time both completed post-closing) with XXX different values for undiscounted rate and price. We would need an attestation from the lender to outline what the Undiscounted Rate and Undiscounted Rate Price were for this file.<br>Buyer Comment (XXX): Please see exception XXX.<br>Reviewer Comment (XXX): XXX = Undiscounted Rate .<br> XXX Undiscounted Rate Price.<br> Doc id is XXX.<br>Undiscounted Rate – Note rate.<br> XXX% – XXX% = .XXX.<br> Rate difference / Actual Discount points charged.<br> .XXX / XXX = .XXX%.<br> .XXX% do not meet the client's deal settings of XXX to be considered XXX.<br>Reviewer Comment (XXX): XXX and XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. An external document confirming how XXX reviews points and fees has been uploaded as of XXX into this loan for reference.<br>Buyer Comment (XXX): I consulted with our internal compliance manager who has provided the following in response to this exception: Not required as the loan is not high cost. XXX points not applied to testing based on exception. We have XXX in the XXX rate captured per the client XXX which brings the High Cost below the XXX% threshold for the NonQM product. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Defect | (XXX High Cost) XXX High-Cost Mortgage Loan (Points and Fees) | Truth in XXX (High-Cost Mortgage): Points and Fees on subject loan of XXX% is in excess of the allowable maximum of XXX% of the XXX Total Loan Amount. Points and Fees of $XXX on a XXX Total Loan Amount of $XXX vs. an allowable total of $XXX (an overage of $XXX or .XXX%). Non-Compliant High Cost Loan. | XXX and XXX XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. |  |  |  | Reviewer Comment (XXX): Exception cleared<br>Buyer Comment (XXX): The attestation refers to the XXX ran by XXX, which would be the XXX XXX Report<br>Buyer Comment (XXX): Attestation Uploaded<br>Reviewer Comment (XXX): We have XXX different XXX reports (this time both completed post-closing) with XXX different values for undiscounted rate and price. We would need an attestation from the lender to outline what the Undiscounted Rate and Undiscounted Rate Price were for this file.<br>Buyer Comment (XXX): Please see exception XXX.<br>Reviewer Comment (XXX): UDR = Undiscounted Rate .<br> XXX Undiscounted Rate Price.<br> Doc id is XXX.<br>Undiscounted Rate – Note rate.<br> XXX% – XXX% = .XXX.<br> Rate difference / Actual Discount points charged.<br> .XXX / XXX = .XXX%.<br> .XXX% do not meet the client's deal settings of XXX to be considered XXX.<br>Reviewer Comment (XXX): XXX and XXX yield bps of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. An external document confirming how Situs reviews points and fees has been uploaded as of XXX into this loan for reference.<br>Buyer Comment (XXX): I consulted with our internal compliance manager who had the following response to this exception: Loan Charges bullet point XXX. Informs consumer of maximum loan charges, per (a)"any such loan charge will be reduced by the amount necessary to reduce the charge to the permitted limit" | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C | Non QM | Non QM | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | XXX Defect | (XXX High Cost Provision) XXX High-Cost Mortgage Loan (Counseling Requirement) | Truth in XXX (XXX): Borrower did not receive pre-loan counseling. | XXX and XXX XXX of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. |  |  |  | Reviewer Comment (XXX): Exception cleared<br>Buyer Comment (XXX): The attestation refers to the XXX by XXX, which would be the XXX XXX Report<br>Buyer Comment (XXX): Attestation Uploaded<br>Reviewer Comment (XXX): We have XXX different XXX reports (this time both completed post-closing) with XXX different values for undiscounted rate and price. We would need an attestation from the lender to outline what the Undiscounted Rate and Undiscounted Rate Price were for this file.<br>Buyer Comment (XXX): Please see exception XXX.<br>Reviewer Comment (XXX): UDR = Undiscounted Rate .<br> UDRP Undiscounted Rate Price.<br> Doc id is XXX.<br>Undiscounted Rate – Note rate.<br> XXX% – XXX% = .XXX.<br> Rate difference / Actual Discount points charged.<br> .XXX / XXX = .XXX%.<br> .XXX% do not meet the client's deal settings of XXX to be considered XXX.<br>Reviewer Comment (XXX): UDR and UDRP yield bps of XXX, which is less than ratios. Discount points not excludable. Points and fees exceed XXX%. An external document confirming how Situs reviews points and fees has been uploaded as of XXX into this loan for reference.<br>Buyer Comment (XXX): I consulted with our internal compliance manager who has provided the following in response to this exception: Not required as the loan is not high cost. XXX points not applied to testing based on exception. We have XXX in the XXX rate captured per the client XXX which brings the High Cost below the XXX% threshold for the NonQM product. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020433 | XXX |  | XXX | XXX | XXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXX | Missing Fraud report. |  |  |  | Reviewer Comment (XXX): Fraud report provided<br>Buyer Comment (XXX): Providing Fraud Report. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID Defect | XXX Revised Loan Estimate Timing Before Closing | XXX Integrated Disclosure: Revised Loan Estimate provided on XXX not received by borrower at least XXX (XXX) business days prior to closing. (XXX) | Loan Estimate provided on XXX not received by borrower at least XXX business days prior to closing. |  |  |  | Reviewer Comment (XXX): SitusAMC received attestation to removed Doc ID XXX not provided to borrower along with the disclosures summary.<br>Buyer Comment (XXX): Please see exception XXX. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID Defect | XXX Tolerance Violation Without Sufficient Cure Provided | XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for XXX - Tax Certificate Fee. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower. (XXX) | XXX - Tax Certificate Fee was last disclosed as $XXX on XXX but disclosed as $XXX on Final Closing Disclosure. File does not contain a valid XXX for this fee, nor evidence of cure in file. |  |  |  | Reviewer Comment (XXX): Upon further review consumer within XXX% tolerance requirements.<br>Buyer Comment (XXX): Title fees are in Section XXX (Services Borrower Did Shop For). The XXX used is not the same one as suggested on the Written List of Service Providers. These fees should fall under the XXX% tolerance - in which case there is no issue as the total of Section C did not increase more than XXX% from the Loan Estimate (this can be said for either of the Loan Estimates that are in file). | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID Defect | XXX Revised Loan Estimate Issue and Received Date > Closing Disclosure Issue and Received Date | XXX Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (The Revised Loan Estimate was received on or after the Closing Disclosure.) (XXX) | Loan Estimate dated XXX is provided after the date the Closing Disclosure of XXX. |  |  |  | Reviewer Comment (XXX): XXX received attestation to removed Doc ID XXX not provided to borrower along with the disclosures summary.<br>Buyer Comment (XXX): Providing attestation. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | No Defined Cure A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Missing Document | XXX Documents are missing. | Address: XXX Verification | XXX Verification document is missing in file |  |  |  | Reviewer Comment (XXX): HOA verification provided<br>Buyer Comment (XXX): Providing attestation. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXX, Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (XXX): provided<br>Buyer Comment (XXX): Providing Fraud. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020434 | XXX |  | XXX | XXX | XXX | Credit | Income / Employment | Income Documentation | Missing Document | XXX Documents are missing. | Address: XXX, XXX, XXX HOA Verification, Insurance Verification, Tax Verification | Tax, insurance, and XXX Verification document is missing in file |  |  |  | Reviewer Comment (XXX): HOA verification, Tax certificate and XXX provided<br>Buyer Comment (XXX): Providing XXX, XXX, XXX. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020435 | XXX |  | XXX | XXX | XXX | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | Date Issued: XXX Issue Date: XXX; Received Date: XXX; Signed Date: XXX | Closing Disclosure issued date XXX and borrower's signature date is XXX. |  |  |  | Reviewer Comment (XXX): Final CD provided<br>Buyer Comment (XXX): Providing Final CD and explanation for dates. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A B | Non QM | Non QM | No |
| XXX | 2026020435 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX | XXX Appraisal - Copy of Appraisal Not Provided XXX Business Days Prior to Consummation | XXX Valuations Rule (XXX): Creditor did not provide a copy of each valuation to applicant XXX (XXX) business days prior to consummation. (Type:XXX) | Appraisal report dated XXX missing evidence of receipt. |  |  |  | Reviewer Comment (XXX): Appraisal delivery provided, exception cleared.<br>Buyer Comment (XXX): Providing appraisal delivery. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A B | Non QM | Non QM | No |
| XXX | 2026020435 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID Defect | XXX Tolerance Violation Without Sufficient Cure Provided | XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXX exceeds tolerance of $XXX. $XXX over legal limit. Insufficient or no cure was provided to the borrower. (XXX) | Loan Discount Points Fee disclosed as $XXX on Loan Estimate dated XXX but disclosed as $XXX on Final Closing Disclosure. Insufficient or no XXX was provided to the borrower. |  |  |  | Reviewer Comment (XXX): XXX received XXX dated XXX.<br>Buyer Comment (XXX): Providing XXX. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A B | Non QM | Non QM | No |
| XXX | 2026020435 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - XXX Used on Non Same Lender Refinance | XXX: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The XXX form was used, the - form should have been used. | Notice of Right to Cancel form XXX is provided instead of form XXX. |  |  |  | Reviewer Comment (XXX): Updated XXX form provided<br>Buyer Comment (XXX): Uploaded LOE for XXX.<br>Buyer Comment (XXX): Uploaded XXX | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | XXX - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A B | Non QM | Non QM | No |
| XXX | 2026020435 | XXX |  | XXX | XXX | XXX | Credit | Title | General | Title | XXX Coverage is less than Original Loan Amount. | The XXX Amount of $XXX is less than the note amount of $XXX based on the Commitment in file. | XXX Commitment in file disclosed $XXX of title insurance coverage; however, this is less than the loan amount of $XXX. |  |  |  | Reviewer Comment (XXX): Title Commitment with sufficient coverage provided<br>Buyer Comment (XXX): Providing title. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | C A B | Non QM | Non QM | No |
| XXX | 2026020437 | XXX |  | XXX | XXX | XXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval is missing in file. Provided 1008 is reflecting incorrect loan amount $XXX instead of $XXX. |  |  |  | Reviewer Comment (XXX): Approval received<br>Buyer Comment (XXX): Providing approval & 1008. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A | Non QM | Non QM | No |
| XXX | 2026020437 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID | XXX Tolerance Violation With Sufficient Cure Provided At Closing | XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXX exceeds tolerance of $XXX. Sufficient or excess cure was provided to the borrower at Closing. (XXX) |  |  |  |  | Reviewer Comment (XXX): Sufficient Cure Provided At Closing |  | XXX XXX |  | 1 A | XXX | XXX | XXX | XXX | Final CD evidences Cure A | Non QM | Non QM | No |
| XXX | 2026020437 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | TRID | XXX Tolerance Violation With Sufficient Cure Provided At Closing | XXX Integrated Disclosure: XXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXX exceeds tolerance of $XXX. Sufficient or excess cure was provided to the borrower at Closing. (XXX) |  |  |  |  | Reviewer Comment (XXX): Sufficient Cure Provided At Closing |  | XXX XXX |  | 1 A | XXX | XXX | XXX | XXX | Final CD evidences Cure A | Non QM | Non QM | No |
| XXX | 2026020438 | XXX |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rent loss insurance was unspecified on the policy. Guidelines require a minimum of XXX months rent loss insurance. |  |  |  | Reviewer Comment (XXX): Rent loss insurance provided<br>Buyer Comment (XXX): See attached XXX and reference page XXX XXX fair rental loss coverage.<br>Reviewer Comment (XXX): Guidelines require Rent Loss Insurance coverage of XXX months. The policy document in file does not explicitly specify the number of months covered. Fair Rental Loss is shown on the document as 'included' only but does not state to what extent. Policy document needs to show at least XXX months coverage.<br>Buyer Comment (XXX): The program guide says, "Rent loss insurance with a minimum of XXX (XXX) months for the subject property is required." That is our only requirement in regard to rent loss insurance. The policy is a XXX-month term, which exceeds the requirement of XXX months. The requirement does not say anything about validating a specific amount.<br>Reviewer Comment (XXX): The policy document in file does not specify number of months coverage or amount. The policy reflects Fair Rental Loss 'included'. Exception remains.<br>Buyer Comment (XXX): I consulted with our senior NonQM Underwriter: The guide doesn't require a minimum amount; it only says that at least XXX months of coverage is required. The policy term is XXX months, therefore, the guideline has been exceeded. Please either cancel this exception or provide the applicable guideline that says you have to confirm the amount of coverage. | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | C A |  | N/A | No |
| XXX | 2026020443 | XXX |  | XXX | XXX | XXX | Compliance | Compliance | XXX Compliance | XXX | XXX Appraisal - Copy of Appraisal Not Provided XXX Business Days Prior to Consummation | XXX Valuations Rule (XXX): Creditor did not provide a copy of each valuation to applicant XXX (XXX) business days prior to consummation. (Type:Primary/XXX) | Appraisal report dated XXX missing evidence of receipt. |  |  |  | Reviewer Comment (XXX): Appraisal delivery provided, exception cleared.<br>Buyer Comment (XXX): Providing appraisal delivery. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | B A | Non QM | Non QM | No |
| XXX | 2026020436 | XXX |  | XXX | XXX | XXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | XXX is Preliminary or Commitment, and not a Final XXX. | XXX Evidence: Preliminary |  |  |  |  | Reviewer Comment (XXX): Final XXX provided | XXX XXX |  |  | 1 A | XXX | XXX | XXX | XXX | D A C |  | N/A | No |
| XXX | 2026020436 | XXX |  | XXX | XXX | XXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: XXX | Note Date: XXX; Lien Position: XXX |  |  |  |  | Reviewer Comment (XXX): CDA provided<br>Buyer Comment (XXX): Providing CDA. | XXX XXX |  |  | 1 D A | XXX | XXX | XXX | XXX | D A C |  | N/A | No |
| XXX | 2026020436 | XXX |  | XXX | XXX | XXX | Credit | Title | Document Error | Title | The XXX is within XXX or XXX and does not reflect a coverage amount (no final XXX in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXX): Final XXX provided<br>Buyer Comment (XXX): Providing Prelim. | XXX XXX |  |  | 1 B A | XXX | XXX | XXX | XXX | D A C |  | N/A | No |
| XXX | 2026020436 | XXX |  | XXX | XXX | XXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lease for the subject property is leased through a property management company. Property management agreement is missing. |  |  |  | Reviewer Comment (XXX): Not listed in the guides, exception cleared<br>Buyer Comment (XXX): I have internal and external parties pushing back on this stating that it is invalid as it is not in our guidelines to require this. Can you please provide the guideline that is leading you to request this? | XXX XXX |  |  | 1 C A | XXX | XXX | XXX | XXX | D A C |  | N/A | No |

---

## Exhibit 99.4

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.4**

**Rating Agency Grades**

**Run Date - XXX XXX** 

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXX | 2026020102 | XXX |  | XXX | XXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020106 | XXX |  | XXX | XXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020126 | XXX |  | XXX | XXX C D |  | A | A | A | A | A | A | C D | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020433 | XXX |  | XXX | XXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020434 | XXX |  | XXX | XXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020435 | XXX |  | XXX | XXX B |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020437 | XXX |  | XXX | XXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020438 | XXX |  | XXX | XXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXX | 2026020256 | XXX |  | XXX | XXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXX | 2026020152 | XXX |  | XXX | XXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020443 | XXX |  | XXX | XXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXX | 2026020436 | XXX |  | XXX | XXX C |  |  |  |  |  |  | D | D | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |

---

## Exhibit 99.5

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.5**

**Data Compare Summary (Total)**

**Run Date - XXX XXX** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| City | 0 | 5 | 0.00% | 12 |
| State | 0 | 5 | 0.00% | 12 |
| Zip | 0 | 5 | 0.00% | 12 |
| Original Loan Amount | 0 | 12 | 0.00% | 12 |
| First Payment Date | 0 | 12 | 0.00% | 12 |
| Original Term | 2 | 12 | 16.67% | 12 |
| Amortization Term | 2 | 5 | 40.00% | 12 |
| Maturity Date | 0 | 12 | 0.00% | 12 |
| Original Interest Rate | 0 | 5 | 0.00% | 12 |
| Amortization Type | 2 | 5 | 40.00% | 12 |
| Representative FICO | 0 | 5 | 0.00% | 12 |
| Property Type | 2 | 5 | 40.00% | 12 |
| Lien Position | 2 | 5 | 40.00% | 12 |
| Occupancy | 0 | 5 | 0.00% | 12 |
| Purpose | 0 | 5 | 0.00% | 12 |
| Appraised Value | 0 | 5 | 0.00% | 12 |
| Contract Sales Price | 2 | 4 | 50.00% | 12 |
| Original CLTV | 0 | 5 | 0.00% | 12 |
| Original LTV | 0 | 5 | 0.00% | 12 |
| Originator Loan Designation | 3 | 3 | 100.00% | 12 |
| Investor: Qualifying Total Debt Ratio | 1 | 4 | 25.00% | 12 |
| Guideline Name | 2 | 4 | 50.00% | 12 |
| Street | 0 | 7 | 0.00% | 12 |
| Borrower Last Name | 1 | 7 | 14.29% | 12 |
| Note Date | 0 | 7 | 0.00% | 12 |
| Original P&I | 0 | 7 | 0.00% | 12 |
| # of Units | 0 | 7 | 0.00% | 12 |
| Originator Application Date | 5 | 5 | 100.00% | 12 |
| Prepayment Penalty | 0 | 7 | 0.00% | 12 |
| MERS Min Number | 1 | 7 | 14.29% | 12 |
| PITIA Reserves Months | 7 | 7 | 100.00% | 12 |
| Disbursement Date | 2 | 7 | 28.57% | 12 |
| Subject Debt Service Coverage Ratio | 1 | 1 | 100.00% | 12 |
| Interest Only Period | 0 | 1 | 0.00% | 12 |
| Prepayment Penalty Period (months) | 1 | 1 | 100.00% | 12 |
| Prepayment Penalty Enforcement | 0 | 1 | 0.00% | 12 |
| **Total** | **36** | **205** | **17.56%** | **12** |

---

## Exhibit 99.6

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.6**

**Data Compare**

**Run Date - XXX XXX** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXX | 2026020102 | XXX |  |  | Zip | XXX | XXX | Ignored | Field Value reflects Zip per Note |
| XXX | 2026020102 | XXX |  |  | Amortization Type |  | XXX | Ignored | Field Value reflects Amortization Type per Note |
| XXX | 2026020102 | XXX |  |  | Amortization Term |  | XXX | Ignored | Field Value reflects Amortization Term per Note |
| XXX | 2026020102 | XXX |  |  | Original Term |  | XXX | Ignored | Field Value reflects the Note value |
| XXX | 2026020102 | XXX |  |  | Contract Sales Price |  | XXX | Ignored | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 2026020102 | XXX |  |  | Originator Loan Designation | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020102 | XXX |  |  | Investor: Qualifying Total Debt Ratio | XXX | XXX | Ignored | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXX | 2026020102 | XXX |  |  | Guideline Name |  | XXX | Ignored | Field value reflects source document |
| XXX | 2026020102 | XXX |  |  | Lien Position |  | XXX | Ignored | Field Value reflects Lien Position per the Note |
| XXX | 2026020106 | XXX |  |  | Contract Sales Price |  | XXX | Ignored | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 2026020106 | XXX |  |  | Originator Loan Designation | XXX | XXX | Verified | waterfall exception |
| XXX | 2026020106 | XXX |  |  | Investor: Qualifying Total Debt Ratio | XXX | XXX | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXX | 2026020106 | XXX |  |  | Guideline Name |  | XXX | Ignored | Field value reflects source document |
| XXX | 2026020106 | XXX |  |  | Lien Position |  | XXX | Ignored | Field Value reflects Lien Position per the Note |
| XXX | 2026020106 | XXX |  |  | Amortization Type |  | XXX | Ignored | Field Value reflects Amortization Type per Note |
| XXX | 2026020106 | XXX |  |  | Original Term |  | XXX | Ignored | Field Value reflects the Note value |
| XXX | 2026020106 | XXX |  |  | Amortization Term |  | XXX | Ignored | Field Value reflects Amortization Term per Note |
| XXX | 2026020126 | XXX |  |  | Originator Loan Designation | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020126 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020126 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020126 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020126 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020126 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 2026020126 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020433 | XXX |  |  | MERS Min Number | XXX | XXX | Ignored | Field value reflects source document |
| XXX | 2026020433 | XXX |  |  | Originator Application Date | XXX |  | Verified | Field Value reflects the Broker Application Date while Tape Value reflects Creditor Application Date |
| XXX | 2026020433 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020434 | XXX |  |  | Originator Application Date | XXX |  | Verified | Field Value reflects the Broker Application Date while Tape Value reflects Creditor Application Date |
| XXX | 2026020434 | XXX |  |  | MERS Min Number | XXX | XXX | Ignored | Alternate format, not a true discrepancy |
| XXX | 2026020434 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020435 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020435 | XXX |  |  | MERS Min Number | XXX | XXX | Ignored | Alternate format, not a true discrepancy |
| XXX | 2026020435 | XXX |  |  | Originator Application Date | XXX |  | Verified | Field Value reflects the Broker Application Date while Tape Value reflects Creditor Application Date |
| XXX | 2026020435 | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXX | 2026020437 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020437 | XXX |  |  | Originator Application Date | XXX |  | Verified | Field Value reflects the Broker Application Date while Tape Value reflects Creditor Application Date |
| XXX | 2026020437 | XXX |  |  | MERS Min Number | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020438 | XXX |  |  | MERS Min Number | XXX | XXX | Ignored | Alternate format, not a true discrepancy |
| XXX | 2026020438 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020438 | XXX |  |  | Disbursement Date | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020256 | XXX |  |  | Lien Position |  | XXX | Verified | Field Value reflects Lien Position per the Note |
| XXX | 2026020256 | XXX |  |  | Amortization Term |  | XXX | Verified | Field Value reflects Amortization Term per Note |
| XXX | 2026020256 | XXX |  |  | Amortization Type |  | XXX | Verified | Field Value reflects Amortization Type per Note |
| XXX | 2026020256 | XXX |  |  | Property Type | XXX | XXX | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 2026020256 | XXX |  |  | Subject Debt Service Coverage Ratio | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020256 | XXX |  |  | Original Term |  | XXX | Verified | Field Value reflects the Note value |
| XXX | 2026020256 | XXX |  |  | Guideline Name |  | XXX | Verified | Field value reflects source document |
| XXX | 2026020256 | XXX |  |  | Contract Sales Price |  | XXX | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| XXX | 2026020152 | XXX |  |  | Amortization Term |  | XXX | Ignored | Field Value reflects Amortization Term per Note |
| XXX | 2026020152 | XXX |  |  | Property Type | XXX | XXX | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXX | 2026020152 | XXX |  |  | Lien Position |  | XXX | Ignored | Field Value reflects Lien Position per the Note |
| XXX | 2026020152 | XXX |  |  | Amortization Type |  | XXX | Ignored | Field Value reflects Amortization Type per Note |
| XXX | 2026020152 | XXX |  |  | Original Term |  | XXX | Ignored | Field Value reflects the Note value |
| XXX | 2026020443 | XXX |  |  | Disbursement Date | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020443 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020443 | XXX |  |  | MERS Min Number |  | XXX | Ignored | The Bid Tape Field Value was not provided |
| XXX | 2026020443 | XXX |  |  | Originator Application Date | XXX |  | Verified | Field Value reflects Initial Application Date, loan was not Broker originated |
| XXX | 2026020436 | XXX |  |  | Prepayment Penalty Enforcement |  | XXX | Ignored | The XXX Field Value was not provided |
| XXX | 2026020436 | XXX |  |  | PITIA Reserves Months | XXX | XXX | Verified | Field value reflects source document |
| XXX | 2026020436 | XXX |  |  | MERS Min Number | XXX | XXX | Ignored | Alternate format, not a true discrepancy |
| XXX | 2026020436 | XXX |  |  | Prepayment Penalty Period (months) | XXX | XXX | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |

---

## Exhibit 99.7

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.7**

![](ex997001.jpg)

**NARRATIVE**

**AOMT 2026-3**

**By Canopy Financial Technology Partners LLC on June 12, 2026**

Canopy Financial Technology Partners LLC

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

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

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

![](ex997001.jpg)

**Description of Services** 

Canopy Financial Technology Partners LLC ("Canopy") performed certain due diligence services (the "Review) described below on Non-Agency Eligible Mortgage Loans ("Loans") backed by residential properties originated or acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client"). The Review was conducted from January to March 2026 via files imaged and provided by the Client for review.

The Review consisted of a population of eight (8) loans with an aggregate principal balance of $4,287,000.

**Loan Sampling** 

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

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

**Data Integrity**

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

---

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

---

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

![](ex997001.jpg)

**Credit Underwriting** 

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

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

● Assets and Reserves;

● DTI (when applicable);

● DSCR (when applicable);

● Gross Income (when applicable);

● Housing history;

● Lien Position;

● Loan Purpose;

● LTV/CLTV;

● Monthly debt service;

● Occupancy;

● Property Type;

● Qualifying PITI; and

● Residual Income.

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

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

● Borrower(s) employment history;

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

![](ex997001.jpg)

● Citizenship and eligibility;

● First time home buyer status;

● The application was signed by all borrowers; and

● The application was substantially completed.

**Credit History:** Canopy verified:

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

● Bankruptcy and foreclosure seasoning;

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

● Installment and revolving payment history;

● Mortgage/rental payment history;

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

● Number of tradelines; and

● Representative Credit Score and Methodology.

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

● Verbal or Written VOE's;

● Paystubs;

● W-2 forms;

● Tax returns;

● Financial statements;

● Award letters;

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

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

● Borrower identity:

● Social Security inconsistencies

● Borrower name variations

● Employment

● Licensing – reviewed NMLS data for:

● Mortgage lender/originator

● Loan officer

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

![](ex997001.jpg)

● Occupancy:

● Borrower address history

● Subject property ownership history

● OFAC

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

● Depository account statements;

● Gift funds;

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

● Stock or security account statements; and/or

● VOD's.

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

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

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

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

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

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

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

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

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

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**Document Review**

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

● Initial application (1003);

● Final application (1003);

● Note;

● Mortgage/Deed of Trust;

● Appraisal;

● Sales Contract;

● Title Commitment/Policy;

● Junior Lien/Subordination Agreement;

● Mortgage Insurance;

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

● Flood Certification;

● Initial and Final Loan Estimate (LE);

● Initial and Final and Closing Disclosure (CD);

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

**Business Purpose Validation (when applicable)**

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

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

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

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

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

**Compliance Review** 

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

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

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

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

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

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**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 elements of the Structured Finance Association (SFA) TRID
 Compliance Review Scope ("TRID Grid 4.0");

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

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

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

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

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

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

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

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

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

**State & Local Anti-Predatory Requirements**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**QUALIFIED MORTGAGE (QM)** 

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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***Independent third-party values***

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

**Valuation Reconciliation Process:** 

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

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

**Agency Eligible Loans:** 

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

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

**GRADING COMPONENTS** 

 **Due Diligence Grading Criteria**

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

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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** | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

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

![](ex997001.jpg)

 **FINDINGS SUMMARY**

**Summary Overview**

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

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

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

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

**FINDINGS TABLE**

**REVIEW TABLES**

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

---

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

![](ex997001.jpg)

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

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**Additional Loan Summary Details**

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4287000.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4287000.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4287000.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4287000.00** |

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

![](ex997001.jpg)

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| | | | |
|:---|:---|:---|:---|
| &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;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;6 | &nbsp;&nbsp;75.00% | &nbsp;&nbsp;$3520000.00 |
| &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;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$212000.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$555000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4287000.00** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;120 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;181 - 240 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;241 - 300 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;301 - 360 Months | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4287000.00 |
| &nbsp;&nbsp;421 - 480 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4287000.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;$392000.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;$1625000.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;5 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;$2270000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4287000.00** |

---

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

![](ex997001.jpg)

 **DATA COMPARISON RESULTS**

Of the eight (8) mortgage loan files reviewed, (0) unique loan (0.00% by number) had (0) tape comparison discrepancy across one data field.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |

---

**Disclaimer**

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

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

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

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

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

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

## Exhibit 99.8

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.8**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2026020197 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income | Income and Employment Do Not Meet Guidelines | Waived-Exception granted with supporting comp factors: Exception Request: Use of a PTIN - Due Diligence Vendor-XXX<br> Open-Income and Employment Do Not Meet Guidelines PTIN not allowed - Due Diligence Vendor-XXX |  | Waived-Exception granted with supporting comp factors: Exception Request: Use of a PTIN - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of 3 By XXX (XXX) Or More Months<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years | Exception is approved<br> XXX<br> All other terms and conditions to be met as submitted |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes | XXX |
| 2026020197 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached is a copy of the exception for the use of a PTIN. The max LTV for a R/T refinance is XXX% - our LTV is XXX%. We meet the guidelines for the declining market and reduction for the PTIN - we do not hit the loan for XXX% for each occurrence it is just a XXX% reduction in total. - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Missing approved exception with comp factors for XXX% LTV there is a XXX% reduction to LTV due to Declining & for PTIN as CPA when not permitted per guides. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached is a copy of the exception for the use of a PTIN. The max LTV for a XXX refinance is XXX% - our LTV is XXX%. We meet the guidelines for the XXX and reduction for the XXX - we do not hit the loan for XXX% for each occurrence it is just a XXX% reduction in total. - Seller-XXX | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of 3 By XXX (XXX) Or More Months<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years |  | XXX.pdf<br> XXX.pdfdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020439 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Entity Formation Documents for Main Entity and/or Sub-Entity Incomplete | Resolved-Lender provided re-signed Closing documents without Business entity listed - Due Diligence Vendor-XXX<br> Ready for Review-Can you please advise what docs need to be re-signed to correct vesting to individuals. The closer made an error and closed this wrong. - Seller-XXX<br> Counter-Missing Articles and EIN for borrower for Files XXX, signer of note. Borrowers signed as members only not XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-Missing Operating Agreement/equivalent, Articles of formation/equivalent, Certificate of good standing, and/or evidence of EIN Missing Articles and EIN for borrower for Files XXX, signer of note. - Due Diligence Vendor-XXX | XXX Formation, XXX, XXX, XXX, Borrowers signed as members only not XXX. - XXX<br>Ready for Review-Can you please advise what docs need to be re-signed to correct XXX to individuals. The closer made an error and closed this wrong. - Seller-XXX | Resolved-Lender provided re-signed Closing documents without Business entity listed - Due Diligence Vendor-XXX | Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower XXX Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of Twenty-XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020439 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - XXX | Personal Guaranty is Missing | Resolved-XXX is Present. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This was not supposed to close in an entity so the documents were re-signed and I have attached them. - Seller-XXX<br> Open-XXX is Missing. Missing XXX of borrowers. Note signed as members of XXX only. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. This was not supposed to close in an entity so the documents were re-signed and I have attached them. - Seller-XXX | Resolved-XXX Guaranty is Present. - Due Diligence Vendor-XXX | Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower XXX Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of Twenty-XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020439 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc - Appraisal | Appraisal is Missing | Resolved-Appraisal has been provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX added for appraisal condition - Buyer-XXX <br> Counter-Missing a 3rd party review product. (according to closing instructions a XXX was a prior to funding condition) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Appraisal is Missing Missing satisfactory appraisal review product. (according to closing instructions a XXX was a prior to funding condition) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Appraisal has been provided - Due Diligence Vendor-XXX | Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower XXX Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of Twenty-XXX Percent (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX Percent (XXX%) Or More |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020214 |  | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Employment | Borrower 2 CPA Letter Missing | Resolved-Borrower XXX CPA Letter Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Counter-The XXX that were provided are not signed by the borrower - Due Diligence Vendor-XXX<br> Ready for Review-3rd party verification - Buyer-XXX<br> Open-Borrower XXX CPA Letter Missing - Due Diligence Vendor-XXX |  | Resolved-Borrower XXX CPA Letter Provided or Not Applicable (Number of Borrowers equals XXX) - Due Diligence Vendor-XXX | Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of 0 By XXX (XXX) Or More Months<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX (XXX%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020214 |  | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | XXX Location Not Allowed for Guidelines | Waived-Primary Value Valuation XXX Location Not Allowed for Program SUBJECT IS XXX. TRANSFERRED APPRAISAL COMPLETED THROUGH XXX IS IN THE XXX. GOOD CREDIT HISTORY, STRONG RESERVES AVAILABLE AFTER CLOSING. B1 HAS OVERTIME " INCOME NOT USED FOR QUALIFYING - Due Diligence Vendor-XXX |  | Waived-Primary Value Valuation XXX Not Allowed for Program SUBJECT IS XXX. TRANSFERRED APPRAISAL COMPLETED XXX IS IN THE EFOLDER. GOOD CREDIT HISTORY, STRONG RESERVES AVAILABLE AFTER CLOSING. B1 HAS OVERTIME " INCOME NOT USED FOR QUALIFYING - Due Diligence Vendor-XXX | Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of 0 By XXX (XXX) Or More Months<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of 50% By XXX (XXX%) Or More<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points | Loan to be underwritten by investor non-delegated <br> Verification of min XXX months reserves <br> Verification of XXX months XXX housing history <br> Min XXX FICO |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Originator Pre-Close | Yes | XXX |
| 2026020297 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020412 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020086 |  | XXX D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc - Third Party Valuation | 3rd Party Valuation Product is Required and Missing | Resolved- - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Provide 3rd party valuation to support 1004 value missing in file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX |  | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020086 |  | XXX D A B | Closed | XXX | XXX | XXX | Resolved | 1 - Information B A | Credit | Missing Doc - Approval Info | Underwriting Summary Not Provided | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-1008/Underwriting Summary Not Provided Provide 1008/Underwriting Summary missing in file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-1008/Underwriting Summary is fully present - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX (XXX%) Or More<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020309 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020456 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | XXX is Missing | Resolved- - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Buyer-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX |  |  | Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |

---

## Exhibit 99.9

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.9**

---

| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020197 |  | XXX | XXX C A B |
| 2026020439 |  | XXX | XXX D A |
| 2026020214 |  | XXX | XXX D A B |
| 2026020297 |  | XXX | XXX D A |
| 2026020412 |  | XXX | XXX A |
| 2026020086 |  | XXX | XXX B A D |
| 2026020309 |  | XXX | XXX A |
| 2026020456 |  | XXX | XXX A D |

---

## Exhibit 99.10

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020197 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020439 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020214 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020297 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020412 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020086 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2026020309 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | ModerateRisk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020456 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.4853 | CLEARCAPITAL | HIGH RISK | XXX |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | AMERIMAC APPRAISAL MANAGEMENT | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.11

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.11**

---

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

---

## Exhibit 99.12

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.12**

![](ex9912001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-3**

**By Clarifii LLC on June 11, 2026**

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 1

![](ex9912001.jpg)

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 279 Loans (the "Loans") originated by a correspondent lender and acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client") for the AOMT 2026-3 transaction. The Loans referenced in this narrative report were reviewed between 08/2025 to 05/2026 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the Loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;151 | &nbsp;&nbsp;54.12% | &nbsp;&nbsp;$66629094.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;29 | &nbsp;&nbsp;10.39% | &nbsp;&nbsp;$17684024.00 |
| &nbsp;&nbsp;Correspondent Bulk | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.36% | &nbsp;&nbsp;$300000.00 |
| &nbsp;&nbsp;Correspondent Flow without Delegated UW | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.72% | &nbsp;&nbsp;$1520800.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;96 | &nbsp;&nbsp;34.41% | &nbsp;&nbsp;$38532300.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

The Review consisted of a population of 279 Loans, with an aggregate principal balance of $124,666,218.00.

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

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

**LOAN SAMPLING**

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

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 2

![](ex9912001.jpg)

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

---

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

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;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 Ethnicity - Cuban |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Mexican |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Other Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Puerto Rican |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |

---

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 3

![](ex9912001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Name of Employer 2 |
| &nbsp;&nbsp;Borrower 1 Other Income |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - Female |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |
| &nbsp;&nbsp;Borrower 2 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 Ethnicity - Cuban |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Mexican |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Other Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Puerto Rican |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 Marital Status |
| &nbsp;&nbsp;Borrower 2 Origination FICO |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Rent or Own |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Sex - Male |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &nbsp;&nbsp;Business Entity EIN |
| &nbsp;&nbsp;Business Purpose Flag |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Date Last Rate Was Set |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Initial Originator Signature Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |

---

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---

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

---

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**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

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● **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

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● **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** 

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**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.

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

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

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

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

**Right of Rescission** 

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

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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

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

**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.

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● **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).

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

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– 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.

– 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.

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

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**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.

**VALUATION REVIEW**

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

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

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**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;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA and/or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;89 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;180 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 15

![](ex9912001.jpg)

**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 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. |

---

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![](ex9912001.jpg)

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;235 | &nbsp;&nbsp;84.23% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;44 | &nbsp;&nbsp;15.77% |
| &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;**279** | &nbsp;&nbsp;**100.00%** |

---

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

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;244 | &nbsp;&nbsp;87.46% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;35 | &nbsp;&nbsp;12.54% |
| &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;**279** | &nbsp;&nbsp;**100.00%** |

---

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![](ex9912001.jpg)

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;277 | &nbsp;&nbsp;99.28% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.72% |
| &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;**279** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;271 | &nbsp;&nbsp;97.13% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;8 | &nbsp;&nbsp;2.87% |
| &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;**279** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;279 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$124666218.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;40 | &nbsp;&nbsp;14.34% | &nbsp;&nbsp;$36953856.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;19 | &nbsp;&nbsp;6.81% | &nbsp;&nbsp;$9428979.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;220 | &nbsp;&nbsp;78.85% | &nbsp;&nbsp;$78283383.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;181 | &nbsp;&nbsp;64.87% | &nbsp;&nbsp;$80112374.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;98 | &nbsp;&nbsp;35.13% | &nbsp;&nbsp;$44553844.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

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![](ex9912001.jpg)

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;278 | &nbsp;&nbsp;99.64% | &nbsp;&nbsp;$124446218.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.36% | &nbsp;&nbsp;$220000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;480 | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.08% | &nbsp;&nbsp;$1199250.00 |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;276 | &nbsp;&nbsp;98.92% | &nbsp;&nbsp;$123466968.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**279** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$124666218.00** |

---

**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 Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &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 Ethnicity - Cuban | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |

---

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 19

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 1 Ethnicity - Mexican | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Other Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Puerto Rican | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;9 | &nbsp;&nbsp;273 | &nbsp;&nbsp;96.70% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;8 | &nbsp;&nbsp;277 | &nbsp;&nbsp;97.11% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &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 Other Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &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 Ethnicity - Cuban | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Hispanic or Latino | &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 - Mexican | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Other Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Puerto Rican | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;29 | &nbsp;&nbsp;96.55% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;29 | &nbsp;&nbsp;96.55% |
| &nbsp;&nbsp;Borrower 2 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Origination FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |

---

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 20

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &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 Rent or Own | &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 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Entity EIN | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Business Purpose Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;81 | &nbsp;&nbsp;150 | &nbsp;&nbsp;46.00% |
| &nbsp;&nbsp;Date Last Rate Was Set | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Initial Originator Signature Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;274 | &nbsp;&nbsp;99.64% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;275 | &nbsp;&nbsp;99.64% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;19 | &nbsp;&nbsp;264 | &nbsp;&nbsp;92.80% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;121 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;12 | &nbsp;&nbsp;272 | &nbsp;&nbsp;95.59% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;277 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &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;275 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;15 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;7 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;58 | &nbsp;&nbsp;91.38% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &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;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;275 | &nbsp;&nbsp;99.64% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;178 | &nbsp;&nbsp;96.63% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;7 | &nbsp;&nbsp;277 | &nbsp;&nbsp;97.47% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;5 | &nbsp;&nbsp;277 | &nbsp;&nbsp;98.19% |
| &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% |

---

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 21

![](ex9912001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;17 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;61 | &nbsp;&nbsp;274 | &nbsp;&nbsp;77.74% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;8 | &nbsp;&nbsp;128 | &nbsp;&nbsp;93.75% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;277 | &nbsp;&nbsp;99.28% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;27 | &nbsp;&nbsp;92.59% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;6 | &nbsp;&nbsp;188 | &nbsp;&nbsp;96.81% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;16 | &nbsp;&nbsp;186 | &nbsp;&nbsp;91.40% |
| &nbsp;&nbsp;Qualifying Property Value Flag - Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;21 | &nbsp;&nbsp;60 | &nbsp;&nbsp;65.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;167 | &nbsp;&nbsp;97.60% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;263 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;2 | &nbsp;&nbsp;256 | &nbsp;&nbsp;99.22% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Vested Business Entity Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &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;&nbsp;&nbsp;&nbsp;&nbsp;1. Narrative Report/Executive Summary

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

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

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

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

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

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

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

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

**Disclaimer** 

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

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

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

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 22

![](ex9912001.jpg)

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

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

AOMT 2026-3 Due Diligence Narrative Report – PagE \| 23

## Exhibit 99.13

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.13**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 2026020089 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020089 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Not Executed | Resolved-Received legible copy of the Mortgage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Deed of Trust is Not Executed missing notary page - Due Diligence Vendor-XXX |  | Resolved-Received legible copy of the Mortgage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020089 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received Legible copy of the Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-The Note is Not Executed missing signature page to note due to scrambled document<br> - Due Diligence Vendor-XXX |  | Resolved-Received Legible copy of the Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX, qualifying score is XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020084 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Waiver for XXX credit. - Due Diligence Vendor-XXX<br> Counter-This is a client overlay requirement: "An XXX (XXX) or a credit refresh/gap report is required with XXX days of closing." - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting document - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing GAP Credit. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting document - Seller-XXX | Waived-Document Uploaded. Client waiver applied to non-material finding with compensating factors. Waiver for XXX credit. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020084 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived- Client waiver applied to non-material finding. Exception for an appraisal not ordered through an XXX but is XXX compliant. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Property issues identified. Appraisal does not meet lender guidelines in that it was not ordered via XXX (XXX) per guidelines, XXX requires exception approval, not found. - Due Diligence Vendor-XXX |  | Waived- Client waiver applied to non-material finding. Exception for an appraisal not ordered through an XXX but is XXX compliant. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020084 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-No mortgage or HOA on this property. It is a lot, mortgage verification on credit report (XXX is for the lot and the primary). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received HOI and Taxes for XXX. Missing mortgage statement and confirmation of possible HOA for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received screen shot of 1003-Please provide PITI verification for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX: Please review the uploaded screenshot of the 1003 section XXX Declarations indcating this is a XXX. Thank you - Seller-XXX<br> Counter-tax verification provided for XXX. Please provide PITI verification for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Per final 1003, XXX XXX - mortgage statement not provided to verify taxes and insurance included in PITI, also XXX - tax cert matching amount used by lender not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. XXX: Please review the uploaded screenshot of the 1003 section XXX Declarations indcating this is a XXX. Thank you - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-No mortgage or XXX on this property. It is a lot, mortgage verification on credit report (Security XXX is for the lot and the primary). - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020084 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX: The Business Purpose Affidavit Disclosure had been uploaded for your review - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing business purpose or Occupancy affidavit disclosure. - Due Diligence Vendor-XXX |  | Resolved-Received business purpose XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020084 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Asset documentation is required to be within XXX days of the note. Assets met the guidelines. - Due Diligence Vendor-XXX<br> Counter-Loan was submitted with XXX Guidelines. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting doc - Seller-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Most recent statement for XXX within XXX of application date not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting doc - Seller-XXX | Resolved-Asset documentation is required to be within XXX days of the note. Assets met the guidelines. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required<br> Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020088 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Credit Report Fee) without a valid XXX in file. Lender credit of $XXX on final CD. Finding resolved<br> - Due Diligence Vendor-XXX |  | Resolved-Lender credit of $XXX on final CD. Finding resolved - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX FICO, XXX required<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020091 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Updated XXX with sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Received Updated XXX with sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded.XXX - Buyer-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). loan amount is $XXX, title coverage is $XXX which is not sufficient - Due Diligence Vendor-XXX |  | Resolved-Received Updated XXX with sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - At primary residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020091 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The Business Purpose Affidavit Disclosure - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Purpose & Occupancy Affidavit - executed - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received The Business Purpose XXX Disclosure - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - At primary residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020091 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received the XXX Formation Document - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. org docs - Buyer-XXX<br> Open-The XXX Formation Document is Missing. Investor to review and approve all Entity documentation. Missing from loan file - Due Diligence Vendor-XXX |  | Resolved-Received the XXX Formation Document - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - At primary residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020094 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Open-The DSCR Calculation from lender is Missing. or score - Due Diligence Vendor-XXX<br> Resolved-DSCR calc provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet - Buyer-XXX |  | Resolved-DSCR calc provided. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020092 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 XXX Do Not Match Income Docs | Resolved-Updated XXX tax return provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. corrected tax returns<br> 2. LOX on tax retruns discrepancy - Buyer-XXX<br> Open-Borrower 1 XXX Transcripts Do Not Match Income Docs XXX transcripts show borrower getting a refund and provided XXX XXX shows borrower owing taxes. - Due Diligence Vendor-XXX |  | Resolved-Updated XXX provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020092 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. mortgage legal - Buyer-XXX<br> Counter-Received copy of legal from preliminary title-please provide security instrument with legal attached in XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description to be attached with Mortgage - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020100 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Paystubs provided, however they are not dated with in XXX days of the application date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Pending receipt of paystub. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. requested paystubs - will upload as soon as i receive them. thank you. - Buyer-XXX<br> Counter-Received XXX-must meet guideline XXX. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B1 XXX - Buyer-XXX<br> Open-Borrower 1 Paystubs Missing Missing current paystub dated within XXX days of application date with YTD income - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Borrower 1 XXX Provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020100 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-Received XXX years XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Pending receipt XXX Most recent XXX years required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. requested paystubs - will upload as soon as i receive them. thank you. - Seller-XXX<br> Counter-Received XXX-must meet guideline XXX. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. B1 XXX - Seller-XXX<br> Open-Borrower 1 XXX Missing Most recent XXX years required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. requested paystubs - will upload as soon as i receive them. thank you. - Seller-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Seller-XXX | Resolved-Received XXX years XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020100 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Borrower 1 XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit report for borrower XXX. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing XXX Report is missing from the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX credit report for borrower 1 & 2. - Seller-XXX | Resolved-Received Borrower 1 XXX Credit Report - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020100 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received Borrower 2 XXX Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX credit report for borrower XXX. - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX credit report for borrower 1 & 2. - Seller-XXX | Resolved-Received Borrower 2 XXX Credit Report - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020100 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received Condo Questionnaire. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. The loan file is missing the XXX Questionnaire. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020098 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: An ATR/QM Residual Income Analysis was not provided | Resolved-Received Residual Income Worksheet - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received Mavent report. Finding is requesting UW income analysis. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-ATR: An ATR/QM Residual Income Analysis was not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Residual Income Worksheet - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020098 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received Borrower 1 3rd Party VOE Prior to Close - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received Screenshot of business search. All guideline requirements not met. • by verifying a phone listing and address for the borrower's business using a telephone book, the internet, or directory assistance. The lender must document the source of the information obtained and the name and XXX of the lender's employee who completed the verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide XXX. XXX uploaded in file is not acceptable. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Borrower 1 3rd Party VOE Prior to Close - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020098 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received vvoe. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-No document provided. Guideline has not been met. CPA letter not provided to verify employment. Copy of the Business license provided does not indicate the percentage of ownership. XXX (not filed) shows borrower owns XXX%. XXX would need to be filed with the government to be able to use that as a source document. <br>Guideline states: . Acceptable forms of documentation include a business license, a signed written statement from a CPA or a Third-Party Tax Preparer (excluding PTIN and ASFP tax preparers. PTIN and ASFP preparers that work for a XXX party firm may be permitted by exception only.), an XXX, XXX/XXX, a Partnership Agreement, or a Business Certificate filed with a governmental agency. - Due Diligence Vendor-XXX <br> Ready for Review-Operating agreements are not required to be filed with the state. Please clear this condition. The operating agreement has been provided previously. - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines CPA letter not provided to verify employment. Copy of the Business license provided does not indicate the percentage of ownership. XXX (not filed) shows borrower owns XXX%. XXX would need to be filed with the government to be able to use that as a source document. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Operating agreements are not required to be filed with the state. Please clear this condition. The operating agreement has been provided previously. - Seller-XXX | Resolved-Received vvoe. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020098 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated Fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-All Interested Parties Not Checked with Exclusionary Lists XXX XXX XXX to be added - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received updated Fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020098 | XXX | XXX D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | Incorrect XXX Form Type selected | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'XXX (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----ROR Form XXX is acceptable in place of XXX Form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The Incorrect XXX Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'XXX (XXX)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----XXX Form XXX is acceptable in place of XXX Form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-\*NEW\* Application for B1 and B2 disclosures income on a DSCR loan - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX | XXX DSCR<br> XXX fico<br> XXX months of reserves, |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received credit report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit report - Buyer-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing credit report for borrower. - Due Diligence Vendor-XXX |  | Resolved-Received credit report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment history - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. For 'housing history' condition - Buyer-XXX<br> Counter-Received credit report that does not belong to borrower. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Payment history provided is not for the borrowers primary residence. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Housing history docs - Buyer-XXX<br> Open-\*New\* Housing History Does Not Meet Guideline Requirements-received credit report - no primary housing history provided-application reflects rents. Must provide acceptable XXX month verification. - Due Diligence Vendor-XXX |  | Resolved-Received payment history - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower 1 Credit Report is Incomplete | Resolved-Received Borrower 1 Credit Report - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-It appears we have XXX borrowers. Received a credit report for B1 and B2. It appears we are missing a complete credit package for B2. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exeption Request and approval - Buyer-XXX <br> Counter-Approval provided reflect a credit score of XXX, however the credit report provided the score is XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final loan approval, not sure what you are needing - Buyer-XXX <br> Ready for Review-Document Uploaded. B1 credit report was provided in original loan file - Buyer-XXX<br> Counter-Credit report received is not for borrower. Please provide credit report for borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Approval FICO of XXX. Credit report in file is not for b1. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-\*New\* received credit report for B1-missing validation of FICO considered in underwriting-not reflecting on Tape. Please provide loan approval reflecting FICO or XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Borrower 1 Credit Report - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Interested party checks provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX<br> 2) fraud report<br> 3) fraud reort - Seller-XXX<br> Open-All Interested Parties Not Checked with Exclusionary Lists Missing fraud report for borrower - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1) XXX<br> 2) fraud report<br> 3) fraud reort - Seller-XXX | Resolved-Interested party checks provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received Fraud report for Borrower and XXX for XXX parties--provide updated fraud reflecting all medium and high risk clear with supporting documentation as necessary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1) XXX<br> 2) fraud report<br> 3) fraud reort - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing fraud report for borrower - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. 1) XXX<br> 2) fraud report<br> 3) fraud reort - Seller-XXX | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Client provided a waiver for listing not canceled prior to the application, applied to non material finding with reviewed comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exeption Request and approval - Buyer-XXX<br> Counter-Application dated XXX in file, however the loan file supports the application date is XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. For 'Loan does not meet guideline requirements for loans listed for sale' condition - Buyer-XXX<br> Counter-Provide confirmation of application date as documentation within file supports XXX date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Loan does not meet guideline requirements for loans listed for sale. Sale Restriction - Property must be removed from listing for at least one month prior to application. Application date is XXX, the XXX appraisal notes the listing as active. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Waived-Client provided a waiver for listing not canceled prior to the application, applied to non material finding with reviewed comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX | There will be an Exception XXX hit of XXX that will apply for this specific exception. | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020134 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Required forms/disclosures missing | Resolved-Upon further review, the loan file contained all required XXX account documentation. - Due Diligence Vendor-XXX<br> Ready for Review-XXX is NOT a required disclosure for DSCR loans. Please re-review. - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required XXX documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020099 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received Order history confirming Bwr rec within XXX days - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Appraisal reflects No XXX on page XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender XXX Confirmation and order tracking showing appraisal was ordered through XXX - Buyer-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. No blanket waiver for seller and no exception in loan file. - Due Diligence Vendor-XXX |  | Resolved-Received Order history confirming Bwr rec within XXX days - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020123 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing from loan file. Loan is a DSCR - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020123 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Blanket waiver for XXX XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval.<br> - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020115 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received income worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing XXX income and XXX calculation not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received income worksheet. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020115 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received 1004d - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-1004D indicates the subject is complete with the exception of the final sod; however, the picture of the back door indicates no stairs to the patio. The door is secured by a wood railing for safety. Finding remains, appraisal received shows no change. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Property Issues are identified for the property XXX indicates the subject is complete with the exception of the final XXX; however, the picture of the back door indicates no stairs to the XXX. The door is secured by a wood railing for safety. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020115 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received final settlement statement from exchanged property reflecting assets to XXX for transaction. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Purchase contract and Exchange Documents. Exchange documents provided does not confirm the amount. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-1031 Exchange assets were uses towards closing costs; however, the file does not contain documentation to support funds used. Provide 1031 exchange documentation. Subject to additional conditions. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received final settlement statement from exchanged property reflecting assets to title for transaction. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020115 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated XXX with coverage amount of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan mount is $XXX and title commitment reflects $XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received updated Title with coverage amount of XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020108 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received Lease agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. unit XXX - Buyer-XXX<br> Open-Missing Lease #XXX evidencing rent of $XXX monthly. - Due Diligence Vendor-XXX |  | Resolved-Received Lease agreement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020121 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020107 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-XXX Payment made from XXX XXX on XXX per transaction history in file. Mtg transferred to XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Goodbye letter for XXX XXX showing XXX is payable to XXX - Buyer-XXX<br> Counter-Received transaction history for XXX. Missing proof XXX payment made to XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX mortgage payment made to XXX - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Obtain mortgage statement with XXX for current home to verify payment paid for XXX XXX. - Due Diligence Vendor-XXX |  | Resolved-XXX Payment made from XXX on XXX per transaction history in file. Mtg transferred to XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020107 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received revised appraisal reflecting remaining XXX for subject. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated appraisal - Buyer-XXX<br> Open-Property Issues are identified for the property Appraiser to provide Economic Life of subject. - Due Diligence Vendor-XXX |  | Resolved-Received revised appraisal reflecting remaining XXX for subject. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020128 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Ex A; Legal - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Long term residence - Long Term Residence = XXX years<br> Months Reserves exceed minimum required - XXX Months Reserves verified exceed minimum required of XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020128 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Clarification of Application Date | Resolved-Rec'd Initial Application Date. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 - Buyer-XXX<br> Open------Missing evidence of initial application date. Provide corrected initial application or lender cert/affidavit confirming the application date. - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial Application Date. Finding resolved. - Due Diligence Vendor-XXX | Long term residence - Long Term Residence = XXX years<br> Months Reserves exceed minimum required - XXX Months Reserves verified exceed minimum required of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020104 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Executed XXX is Missing | Resolved-Received Borrower 1 Executed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated signed XXX - Seller-XXX<br> Open-Borrower 1 Executed XXX is Missing Only XXX reflected on XXX form. Provided XXX XXX form - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated signed XXX - Seller-XXX | Resolved-Received Borrower 1 Executed XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020104 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Executed XXX is Missing | Resolved-Received Borrower 2 Executed XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated signed XXX - Seller-XXX<br> Open-Borrower 2 Executed XXX is Missing Only XXX reflected on XXX form. Provided XXX XXX form - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated signed XXX - Seller-XXX | Resolved-Received Borrower 2 Executed XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020104 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/legal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal is on page XXX - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/legal - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020104 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are not ordered through an XXX but are AIR compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  | Waived-XXX waiver for XXX, XXX for XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received guaranty agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing'. The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing, please provide, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received guaranty agreement. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Alerts Summary and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded supporting doc - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Provide XXX report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded supporting doc - Seller-XXX | Resolved-Received Alerts Summary and XXX. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet - Buyer-XXX <br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received UW attestation. - Due Diligence Vendor-XXX<br> Ready for Review-Received UW attestation. - Due Diligence Vendor-XXX<br> Open-Missing Warrantability Documentation. XXX is not warrantable investment concentration is XXX% Missing attestation - Due Diligence Vendor-XXX |  | Resolved-Received UW attestation. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received XXX form - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded Supporting doc - Seller-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Missing Disclosure - XXX Borrower Identification Form. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded Supporting doc - Seller-XXX | Resolved-Received XXX form - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received blank waiver without exception. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor Waiver for No XXX uploaded - Seller-XXX<br> Open-Property Issues are identified for the property Appraisal completed No XXX. All appraisals must be ordered through an XXX(XXX). Appraisals that are not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. No approval/exception in loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor Waiver for No XXX uploaded - Seller-XXX | Resolved-Received blank waiver without exception. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Title Document is missing XXX is missing please provide, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Title Document received. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020111 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020160 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit refresh - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX Credit is dated XXX. Closing is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> CLTV is less than guidelines maximum - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020160 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Right of Rescission is Missing | Resolved------Received executed XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. right to cancel - Buyer-XXX<br> Open-Right of Rescission is Missing -----Provide the executed Right of Recission for both borrowers.<br> - Due Diligence Vendor-XXX |  | Resolved------Received executed XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> CLTV is less than guidelines maximum - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020419 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received corrected appraisal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Property Issues are identified for the property Missing complete housing trend information on appraisal report, unable to determine if trend is increasing, stable or declining. - Due Diligence Vendor-XXX |  | Resolved-Received corrected appraisal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020419 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-1008 provided, however we are missing the DSCR Calculation Worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation/ratio. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020419 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Fraud Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Title Document is missing Missing preliminary and/or final title commitment with all schedules, searches and XXX. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received preliminary title. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing lender required copy of the final loan approval or equivalent i.e. customer commitment letter, 1008, and/or Seller approval which details the terms under which lender approved and funded loan. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 - Seller-XXX | Resolved-Received 1008. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-After further review, the appraisal originally listed the property as a XXX however a revised appraisal was provided. Title also confirms this is not a XXX property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UW attestation of Warrantability - Seller-XXX<br> Open-Property Issues are identified for the property Subject is a XXX project that includes a ground lease, which is deemed ineligible per guidelines Section XXX Lender did not provide any evidence of an exception approval or project warranty. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX attestation of Warrantability - Seller-XXX | Resolved-After further review, the appraisal originally listed the property as a XXX however a revised appraisal was provided. Title also confirms this is not a XXX property. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received complete fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded suporting documents - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded suporting documents - Seller-XXX | Resolved-Received complete fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received warrantability documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 UW Attestation - Seller-XXX<br> Open-Missing Warrantability Documentation. Missing any evidence of an exception approval or project warranty for project on a ground lease. . - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 XXX - Seller-XXX | Resolved-Received warrantability documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet with Ratios was included on previously attached - Seller-XXX<br> Counter-Received Asset Worksheet. Missing DSCR Worksheet - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Worksheet - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation/ratio. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR worksheet with Ratios was included on previously attached - Seller-XXX | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020120 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received CU Score is less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CDA Uploaded - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing Secondary Valuation to support appraised value from acceptable lender and scores that are within guideline tolerances. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received CU Score is less than XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020132 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds XXX DTI | Resolved-Upon further review, recalculated Schedule E income for XXX. Audited DTI of XXX% is less than or equal to AUS DTI of XXX% - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Audited DTI of XXX% exceeds XXX DTI of XXX% Audit DTI XXX% / Lender DTI ratio is XXX%. Difference is with the XXX. Audit matched the lender with the calculations for the subject property rent loss, primary residence payment and the rent loss for XXX XXX. Audit cannot determine how the lender came up with negative rental income of XXX cents for XXX and negative rental income of XXX cents for XXX. Audit calculated negative rent loss of $XXX for XXX and positive rent income of $XXX for XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, recalculated XXX income for XXX. Audited DTI of XXX% is less than or equal to XXX DTI of XXX% - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - verified reserves exceeds amount required.<br> Long term residence - Borrower has occupied primary for XXX years. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020132 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-Per guidelines not required and XXX years income and XXX provided in file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Transcripts Missing - Due Diligence Vendor-XXX |  | Resolved-Per guidelines not required and XXX years income and XXX provided in file. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - verified reserves exceeds amount required.<br> Long term residence - Borrower has occupied primary for XXX years. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020132 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client exception granted to allow appraisal report not ordered thru an XXX. - Due Diligence Vendor-XXX<br> Open-Property Issues are identified for the property.The subject appraisal report was not ordered thru an XXX. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow appraisal report not ordered XXX an XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - verified reserves exceeds amount required.<br> Long term residence - Borrower has occupied primary for XXX years. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the borrower has owned the subject free and clear for XXX years. It was converted to an investment XXX months ago and a XXX months housing history has been provided. Guides indicate properties owned free and clear are considered XXX for mtg history. Fraud report confirms the property was purchased for cash and no liens were taken out. - Due Diligence Vendor-XXX<br> Counter-Received XXX reflecting ownership in subject since XXX. Converted to investment property XXX month. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received XXX and payment history. XXX provided did not reflect the information noted on LOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received rebuttal borrower owned previous primary free and clear. Provide supporting documentation as not reflecting on fraud report nor XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX First Time Investors: First Time Investors are borrowers who do not meet the definition of an experienced investor. First Time <br> Investors are permitted as follows: • Minimum FICO per XXX • Minimum XXX DSCR • XXX months reserves • Verified XXX-month housing payment history, and • Max XXX% LTV. The borrower did not have a verified XXX-month housing history for a first time investor as required. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-After further review, the borrower has owned the subject free and clear for XXX years. It was converted to an investment XXX months ago and a XXX months housing history has been provided. Guides indicate properties owned free and clear are considered XXX for mtg history. Fraud report confirms the property was purchased for cash and no liens were taken out. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves are required and the borrower has over XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO allowed is XXX - actual FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received XXX documentation and XXX provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. The loan file is missing a XXX questionnaire. The loan file does have the XXX Approval (page XXX) for the XXX complex. However, a questionnaire is missing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX documentation and XXX provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves are required and the borrower has over XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO allowed is XXX - actual FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020119 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received Blanket waiver, lender approved without exception. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal Waiver - Buyer-XXX<br> Open-Property Issues are identified for the property The appraisal report (page XXX) shows that no XXX was used. - Due Diligence Vendor-XXX |  | Resolved-Received Blanket waiver, lender approved without exception. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves are required and the borrower has over XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO allowed is XXX - actual FICO score is XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020151 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Cash-out letter not required per guidelines. - Due Diligence Vendor-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-Cash-out letter not required per guidelines. - Due Diligence Vendor-XXX | Long term residence - XXX yrs at current residence<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020125 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Credit Refresh - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing credit refresh/XXX report within a XXX-day window. - Due Diligence Vendor-XXX |  | Resolved-Received Credit Refresh - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A; legal description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received un-expired XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. credit report - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Missing a credit refresh/XXX report within a XXX-day window. The monitoring report, in file, indicates it is on going, but does not reflect an end. Last report in file is XXX. Need updated report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. credit report - Seller-XXX | Resolved-Received un-expired XXX Report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-XXX - This is Trust Income - Verification that these sources of income will continue for a minimum of XXX-years is required. A minimum of XXX-month history of receipt is required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. rebuttal - Buyer-XXX<br> Open-Income and Employment Do Not Meet Guidelines The most recent XXX years of personal tax returns including Schedule B are required. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-XXX - This is XXX Income - Verification that these sources of income will continue for a minimum of XXX-years is required. A minimum of XXX-month history of receipt is required - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-XXX - This is Trust Income - Verification that these sources of income will continue for a minimum of XXX-years is required. A minimum of XXX-month history of receipt is required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. rebuttal - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income documentation - Due Diligence Vendor-XXX |  | Resolved-XXX - This is Trust Income - Verification that these sources of income will continue for a minimum of XXX-years is required. A minimum of XXX-month history of receipt is required - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved------Received PCCD XXX, with lender credit for tolerance,finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PCCD & LOE - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Appraisal) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX Year(s); Expiration Date: XXX. - Due Diligence Vendor-XXX |  | Resolved------Received PCCD XXX, with lender credit for tolerance,finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020113 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing ----Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020114 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description addendum is missing from the DOT. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020114 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX(XXX). Appraisals that are not ordered through an XXX but are AIR compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX, XXX for XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020135 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Mortgage with legal description provided. - Due Diligence Vendor-XXX<br> Counter-Provide complete security instrument inclusive of legal description within chain as utilized for recording. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Legal from the commitment provided, please provide Exhibit A being sent for recording. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. uploaded supporting documents - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description. - Due Diligence Vendor-XXX |  | Resolved-Mortgage with legal description provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required; XXX months in verified reserves<br> LTV is less than guideline maximum - XXX% LTV, max allowed is XXX% Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020135 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (3) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Received 1008<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Lender to provide required Approval/Underwriting Summary to verify how loan closed. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required; XXX months in verified reserves<br> LTV is less than guideline maximum - XXX% LTV, max allowed is XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020135 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Lender's DSCR calculation required. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required; XXX months in verified reserves<br> LTV is less than guideline maximum - XXX% LTV, max allowed is XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020149 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020240 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020147 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | The appraiser was not licensed (Primary Value) | Resolved-Primary Value appraiser's license was effective prior to the Valuation Date Effective Date of Credential = XXX. Expiration Date of Credential = XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. License is active and had not expired, other finding is not valid, spoke with XXX and she is going to reach out, we do not have to stack reductions - Buyer-XXX<br> Open-Primary Value appraiser's license was not effective prior to the Valuation Date or expired prior to the Valuation Date Loan file is absent active license prior to XXX. - Due Diligence Vendor-XXX |  | Resolved-Primary Value XXX was effective prior to the Valuation Date Effective Date of Credential =XXX. Expiration Date of Credential = XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br>Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020147 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-The LTV is not stacked; only one reduction to XXX% was required. - Due Diligence Vendor-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% First time investor with short term rental. reduction XXX% required. Max LTV of XXX% - Due Diligence Vendor-XXX |  | Resolved-The LTV is not stacked; only one reduction to XXX% was required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX<br>Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020355 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020295 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Upon further review, the guidelines allow for XXX for XXX loans. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The loan is a XXX-Year Fixed IO ACCESS DSCR and is eligible for an interest-only structure. The documented DSCR is XXX per the income calculation worksheet (Attached), which meets ACCESS DSCR requirements. The restriction cited applies only when DSCR < XXX, which is not the case for this file. This should be Cancelled. - Buyer-XXX<br> Open-Interest Only not allowed on DSCR loan with DSCR less than XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines allow for ITIA for XXX loans. - Due Diligence Vendor-XXX | Long term residence - Borrower has lived at current primary residence for XXX years.<br> Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020130 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Subject property was listed for sale within a time period not allowed by guidelines | Waived-Client exception granted to allow Subject listed for sale < XXX days from application, Non-materialwaiver applied with comp factors. non-material due to mortgage history. - Due Diligence Vendor-XXX<br> Open-Subject property was listed for sale within a time period not allowed per guidelines Property listing was active within XXX days prior to application. Lender exception in file - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow Subject listed for sale < XXX days from application, Non-materialwaiver applied with comp factors. non-material due to mortgage history. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | Mortgage history<br> Reserves<br> R/T lowering monthly payment |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020127 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020192 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020162 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received 1031 documentation. Final CD with seller side reflects excessive contributions. $XXX excessive seller contributions. Borrower did not meet full down payment of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received final CD. 1. Missing 1031 exchange agreement, final settlement for exchange property to source $XXX deposit. 2. Seller contributions of $XXX exceed actual closing costs of $XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Loan file is missing Final Closing Disclosure that includes page XXX and the Seller's side. - Due Diligence Vendor-XXX |  | Resolved-Received Final CD - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX.<br>Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is 80. Borrower has XXX.<br>Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020162 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report and supporting clearance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Missing Third Party Fraud Report The Third Party Fraud report is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Received fraud report and supporting clearance. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX.<br>Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is 80. Borrower has XXX.<br>Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: (12 CFR §1026.19(e)(1)(vi))The written list of service providers disclosure date is either:Less than the XXX business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the XXX business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.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). -----Missing SPL within XXX Days of Application Date - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Rec'd Initial XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the XXX business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. -----Missing Initial LE Dated within XXX Days of Application - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than XXX% Test | Resolved-Rec'd Initial XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----Missing Initial XXX Dated within XXX days of application - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Rec'd Initial XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----Missing initial XXX XXX days from Application date - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Rec'd Initial XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Missing Initial XXX days for application - Due Diligence Vendor-XXX |  | Resolved-Rec'd Initial XXX issued XXX & XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020105 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | XXX Organizations Disclosure Date Test | Resolved-Rec'd XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. initial docs sent on XXX - Seller-XXX<br> Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a))The loan has a homeownership counseling organizations disclosure date that is not within XXX business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than XXX business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the XXX for lenders to use in complying with the requirements of this section; or(2)Data made available by the XXX or XXX for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations. -----Please provide Homeownership Counseling Disclosure provided to borrower within XXX business days of application date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. initial docs sent on XXX - Seller-XXX | Resolved-Rec'd XXX issued XXX. Finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020110 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020428 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020137 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received Borrower 1 XXX Credit Report within XXX days of Note - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX to fill in Credit XXX attached - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). UDN Report dated XXX. - Due Diligence Vendor-XXX |  | Resolved-Received Borrower 1 XXX Credit Report within XXX days of Note - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020131 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  | XXX |
| 2026020124 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing'. Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020124 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020124 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020124 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Missing from loan file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1008 uploaded - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020124 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are<br> not ordered through an XXX but are XXX compliant can be accepted with prior investor approval. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020122 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received mortgage statement confirming Nov payment made timely. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mtg Stmnt showing current - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Need updated Mtg statement with XXX to verify XXX payment has been paid as agreed. - Due Diligence Vendor-XXX |  | Resolved-Received mortgage statement confirming XXX payment made timely. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020122 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Exhibit A attachment to mortgage - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020122 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are<br> not ordered through an XXX but are XXX compliant can be accepted with prior investor approval.<br> - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020133 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXX is sufficient based on the type of subject lien - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX with correct loan amount - Buyer-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing supplement reflecting sufficient title coverage - Due Diligence Vendor-XXX |  | Resolved-Title Coverage Amount of $XXX is sufficient based on the type of subject lien - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020133 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal description from DOT - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Recorded DOT with legal included - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description from DOT - Due Diligence Vendor-XXX |  | Resolved-Received legal description from XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020133 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX for XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX). Appraisals that are<br> not ordered through an XXX but are AIR compliant can be accepted with prior investor approval.<br> - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020184 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received fully executed Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-There are Issues Present on the Note that must be addressed. Missing borrower's signature page to Note - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received fully executed Note. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit History = XXX Months Minimum Credit History = XXX Months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX Years – Minimum = XXX Years |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal is page XXX - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing LD in XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Legal is page XXX - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit History = XXX Months Minimum Credit History = XXX Months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX Years – Minimum = XXX Years |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOX for settlement fee - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX (Settlement Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX Year(s); Expiration Date: XXX.<br> - Due Diligence Vendor-XXX |  | Resolved-Upon further review, finding resolved. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit History = XXX Months Minimum Credit History = XXX Months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX Years – Minimum = XXX Years |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Required XXX Consent to XXX form is missing | Resolved-Upon further review, the guidelines do not require a spousal consent form. - Due Diligence Vendor-XXX<br> Open-The required spousal consent to pledge form is missing. Missing from the loan file - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the guidelines do not require a XXX. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit History = XXX Months Minimum Credit History = XXX Months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX Years – Minimum = XXX Years |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020184 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX, for XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX (XXX - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Credit History = XXX Months Minimum Credit History = XXX Months<br> Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed XXX Years – Minimum = XXX Years |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020142 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020153 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020157 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Received cash out purpose XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-Received cash out purpose XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020157 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020157 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Upon further review not required. - Due Diligence Vendor-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Upon further review not required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020136 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Business purpose affidavit is not signed by borrower - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020188 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Appraisal is Missing | Resolved-Received color appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Appraisal is Missing Missing original color phot appraisal. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020188 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title Coverage amount is not listed on title. - Due Diligence Vendor-XXX |  | Resolved-Received updated preliminary title reflecting sufficient coverage. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020196 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Third Party Fraud Report Third party fraud report with XXX and Exclusionary search is required - Due Diligence Vendor-XXX |  | Resolved-Received fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020215 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-Borrower Rental Experience is within Guideline Requirements. - Due Diligence Vendor-XXX<br> Resolved-Upon further review, no additional documentation required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prior CD - Buyer-XXX<br> Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Provide proof that borrower has had ownership and/or management of residential and/or commercial rental real estate for at least one year in the past XXX years. (Lived at XXX property recently per 1003 - this was not an investment in the past XXX month). <br> In order to utilize lease amount for DSCR score calculation - we must have XXX months of current proof of receipt of higher rental income deposited (lease provided has not gone into effect yet - starts XXX). Otherwise DSCR score is under XXX and not eligible for Interest Only Cash Out Refinance - Due Diligence Vendor-XXX |  | Resolved-Borrower Rental Experience is within Guideline Requirements. - Due Diligence Vendor-XXX<br> Resolved-Upon further review, no additional documentation required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We have XXX mos reserves - only XXX months were required<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX .<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020215 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received XXX and documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Prior CD - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Final 1003 shows borrower lives at XXX for XXX month but mtg on 1003 associated with this property (XXX) shows mtg reviewed for XXX months. Need clarification as to how long borrower has lived a current home on 1003. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - We have XXX mos reserves - only XXX months were required<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX .<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020174 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Prepayment Penalty Discrepancy | Resolved-Received Note and DOT XXX addendum. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX<br> 2. ppp addendum to note<br> 3. XXX - Buyer-XXX<br> Open-The file contains two sets of XXX addendums and riders with different terms. Please confirm which one is correct. - Due Diligence Vendor-XXX |  | Resolved-Received Note and XXX XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020198 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-To use rental income from an XXX, the guidelines state the appraisal must reflect that the zoning compliance is legal. The subject loan is using rental income from an XXX to qualify and the property is zoned legal non-conforming and the loan file does not contain confirmation that it can be rebuilt. Approved exception in file. Non-material based on compensating factors. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX | XXX% LTV, established XXX since XXX grandfathered. Qualifies using main house rental only. LTV loan enough tp recover if XXX cannot be rebuilt if destroyed.<br> XXX score<br> XXX mortgages XXX<br> good credit depth; oldest trade XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020141 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Received CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Combined Settlement Statement - Buyer-XXX<br> Open-The Final SELLER CD/HUD is missing. The Final SELLER CD/HUD is missing - Due Diligence Vendor-XXX |  | Resolved-Received CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020223 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than XXX FICO | Resolved-Upon further review, the XXX score is XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The most recent XXX I see in the file is showing XXX, please advise what XXX you're referring to - Buyer-XXX<br> Open-Audited FICO of XXX is less than AUS FICO of XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the XXX score is XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has excessive reserves<br> Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX exceed max allowed |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020406 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Fraud alert is present on the credit report | Resolved-Received Processor Cert. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Lender to provide processor certification confirming they have called and verbally spoke with borrower and verified they applied for a mortgage loan. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Processor Cert. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Waived-Client waiver applied to non-material finding with compensating factors. Allow a PTIN tax preparer. - Due Diligence Vendor-XXX<br> Open-need CPA letter on letterhead (with CPA license info) addressing withdrawal of funds for transaction will not have a negative impact on business. CPA must attest that they have audited the business financials statements or reviewed working papers provided by the borrower and attest that they are not affiliated/associated with the borrower or their business. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Allow a XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | XXX fico<br> DTI ATR/QM: CDFI Lender Exempt ATR/QM: CDFI Lender Exempt XXX XXX XXX XXX NA Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-After further review, there is no XXX on the business statement. The transactions dated XXX on the print out appear on the prior bank statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. PTIN tax preparer variance approval for commenting on business use of funds. - Seller-XXX<br> Counter-Received duplicate documentation. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Account history through XXX - underwriter chose not to source $XXX in deposit from XXX and back them out of the balance to get to $XXX. - Seller-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Business assets are required for cash to close - need CPA letter on letterhead (with CPA license info) addressing withdrawal of funds for transaction will not have a negative impact on business. CPA must attest that they have audited the business financials statements or reviewed working papers provided by the borrower and attest that they are not affiliated/associated with the borrower or their business. <br> Need updated XXX Printout as balance at the end of XXX does not match up with Printout start date of XXX in file. Can not have a gap in XXX history. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. PTIN XXX variance approval for commenting on business use of funds. - Seller-XXX <br> Ready for Review-Document Uploaded. Account history through XXX - underwriter chose not to source $XXX in deposit from XXX and back them out of the balance to get to XXX. - Seller-XXX | Resolved-After further review, there is no XXX on the business statement. The transactions dated XXX on the print out appear on the prior bank statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received gift documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX for gift at close.<br> 2. Wire confirmation from XXX to closing. - Buyer-XXX<br> Open-Asset XXX Does Not Meet Guideline Requirements Provide wire documentation support wire for gift to title came from XXX and from XXX. - Due Diligence Vendor-XXX |  | Resolved-Received gift documentation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Received XXX for B2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 3rd Party VOE Prior to Close Missing Missing Final XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX for B2 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Non-occupant co-borrowers not allowed per guidelines | Resolved-Received XXX confirming acceptable relationship between borrower and non occupant. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Need to verify that Non-Occupying co-borrower must be a relative, defined as the borrower's spouse, fiance' child or other dependent OR by any other individual who is related to the borrower by blood, marriage or equivalent to be eligible as a non-occupying co-borrower. - Due Diligence Vendor-XXX |  | Resolved-Received XXX confirming acceptable relationship between borrower and non occupant. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020212 | XXX | D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed CD XXX - Seller-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. ------ CD XXX & CD XXX, also XXX XXX are not signed and there is no evidence of when it was provided to borrower. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Signed CD XXX - Seller-XXX | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020146 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020140 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Borrower | Business Entity Formation Document is Missing | Waived--Exception granted to allow for XXX loan. Waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception approval - Seller-XXX<br> Counter-All entity docs provided for the XXX on title, all docs provided for the XXX that owns the vested entity; however, XXX entities are not allowed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Spoke with XXX at XXX and she reviewed the other XXX files and stated it looks like these documents needed to uploaded to this loan for Entity finding - Seller-XXX<br> Counter-Received corrected closing documents. Entity documentation received reflects XXX or XXX entity. Ineligible per guidelines XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct closing documentation - Buyer-XXX<br> Counter-Received Entity Docs. Docs confirm an member with more than XXX% that did not signed required loan documents. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity documents - Seller-XXX<br> Open-The XXX Document is Missing. Investor to review and approve all Entity documentation. Missing corporate documents, including, but not limited to XXX, XXX, XXX, XXX/Good Standing, Borrowing Certification, XXX (if applicable) for the following business: XXX. Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Exception approval - Seller-XXX<br> Ready for Review-Document Uploaded. Spoke with XXX at XXX and she reviewed the other XXX files and stated it looks like these documents needed to uploaded to this loan for Entity finding - Seller-XXX<br> Ready for Review-Document Uploaded. Entity documents - Seller-XXX | Waived--Exception granted to allow for XXX. Waiver applied to non-material finding with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX | There is a charge of XXX LLPA<br> DSCR greater than XXX<br> Qualifying FICO at least XXX points greater than min. | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD for subject from the time of purchase - Seller-XXX<br> Counter-finding remains: Per initial condition as well as last condition, missing the final XXX XXX for the purchase of Subject Property on XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1031 exchange documentation for the sale of the two properties - Buyer-XXX<br> Counter-Received corrected closing documents. Missing Closing Disclosure/Settlement Statement/HUD from XXX purchase of subject was nor provided, confirming the following, but not limited to purchase price and funds to close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct closing documentation - Buyer-XXX<br> Counter-Missing Closing Disclosure/Settlement Statement/HUD from XXX purchase of subject was nor provided, confirming the following, but not limited to purchase price and funds to close. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Documentation to support 1) Source of funds for subject purchase, to support the letter of explanation from non-borrowing spouse. (2) Missing Closing Disclosure/Settlement Statement/HUD from XXX purchase of subject confirming the following, but not limited to purchase price and funds to close<br> 2. Rebuttal for 1003 finding and for source of funds - Seller-XXX<br> Open-Cash Out Does Not Meet Guideline Requirements Documentation to support subject refinance is delayed financing missing as follows: (1) Source of funds for subject purchase, to support the letter of explanation from non-borrowing spouse. (2) Missing Closing Disclosure/Settlement Statement/HUD from XXX purchase of subject confirming the following, but not limited to purchase price and funds to close. Other findings pay apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Final CD for subject from the time of purchase - Seller-XXX <br> Ready for Review-Document Uploaded. 1. Documentation to support 1) Source of funds for subject purchase, to support the letter of explanation from non-borrowing spouse. (2) Missing Closing Disclosure/Settlement Statement/HUD from XXX purchase of subject confirming the following, but not limited to purchase price and funds to close<br> 2. Rebuttal for 1003 finding and for source of funds - Seller-XXX | Resolved-Received Settlement Statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-DSCR loan, only a primary and subject NOO required. - Due Diligence Vendor-XXX <br> Counter-Received updated 1003. Missing XXX additional concurrent properties XXX and XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct closing documentation - Seller-XXX<br> Counter-Received Rebuttal. Guiidelne XXX Debt Service Coverage Ratio (DSCR) Transactions For DSCR loans, borrowers are not required to disclose employment information on the application (Form 1003). Income derived from regular employment, retirement or other investments should not be disclosed and tax <br> returns are not required. The application should otherwise be fully completed including the Schedule of XXX Owned listing all properties owned and reflective of any associated mortgages (including private mortgages). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal for 1003 finding and for source of funds - Seller-XXX<br> Open-Loan application does not include all property owned by borrower, including but not limited to the XXX additional properties financed concurrently with subject. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Correct closing documentation - Seller-XXX<br> Ready for Review-Document Uploaded. Rebuttal for 1003 finding and for source of funds - Seller-XXX | Resolved-DSCR loan, only a primary and subject XXX required. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received corrected Security Instrument - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct closing documentation - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Security Instrument signed by borrower as Manager, however, the XXX is not listed. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received corrected Security Instrument - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020193 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received corrected Note. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Correct closing documentation - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Note signed by borrower as XXX, however, the XXX is not listed. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received corrected Note. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020177 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020222 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Investor waiver applied to non-material finding with compensating factors. First time investor living rent free is not program eligible. Lender exception in file. - Due Diligence Vendor-XXX<br> Open-Housing History Does Not Meet Guideline Requirements First time investor living rent free is not program eligible. Lender exception in file. Borrower has lived rent free with family for years and currently still does. Property was deeded over to our borrower from family XXX so she has owned the subject property for past XXX month with family but is not obligated on the existing mortgage. XXX Family property and both units are leased. - Due Diligence Vendor-XXX |  | Waived-Investor waiver applied to non-material finding with compensating factors. XXX is not program eligible. Lender exception in file. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required | XXX FICO<br> Tradeline/score requirements met. no collections, or significant derogatory credit events. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020182 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description.<br> - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with legal - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing XXX; Legal - Due Diligence Vendor-XXX |  | Resolved-Received Deed of Trust with Legal Description.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020182 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received lock, PCCD and XXX sent to borrower confirming no prepay penalty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. tracking info<br> 2. LOE<br> 3. PCCD<br> 4. This is the price hit for the no XXX - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. The final CD reflects the loan closed with a prepayment penalty; however, the XXX addendum to the Note is missing. - Due Diligence Vendor-XXX |  | Resolved-Received lock, XXX and XXX sent to borrower confirming no prepay penalty. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020182 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose & Occupancy Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Business Purpose<br> 2. proof of signature - Buyer-XXX<br> Open-Missing borrower certification of Business Purpose. - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose & Occupancy XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020429 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020207 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020079 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX<br> Ready for Review-Received Deed of Trust with Legal Description and all applicable riders. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Sch A; Legal - Due Diligence Vendor-XXX |  | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX Months reserves is required and the borrower has over XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020079 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. The HOI does not have enough coverage. A review of the policy does not show guaranteed or replacement coverage. - Due Diligence Vendor-XXX |  | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX Months reserves is required and the borrower has over XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020220 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received final HUD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. settlement stmt - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Final Settlement statement in the file is missing the date. - Due Diligence Vendor-XXX |  | Resolved-Received final XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020216 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received 1004D - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. final inspection - Buyer-XXX<br> Counter-Received corrected value appraisal. Remains reflecting as subject to. Missing final inspection 1004d - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Value is XXX – appraiser added a comment about the accidental typo. - Buyer-XXX<br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present - Due Diligence Vendor-XXX |  | Resolved-Received 1004D - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020216 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Property 1: Missing Second Valuation Product | Resolved-Received corrected appraisal XXX confirming final value of $XXX - Due Diligence Vendor-XXX<br> Counter-Received XXX. Original finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Value is XXX – appraiser added a comment about the accidental typo. - Buyer-XXX<br> Open-Appraisal in file has an effective date of XXX and a signature date of XXX with a value of $XXX. The CDA and CU in the file both have values of $XXX, but reference an appraisal (by the same appraiser) with an effective date of XXX and signature date of XXX. The appraisal already in the file is the most recent due to the signature date of XXX. Therefore, we are missing the secondary valuations that were pulled with the lower appraised value and more recent appraisal. - Due Diligence Vendor-XXX |  | Resolved-Received corrected appraisal XXX confirming final value of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020216 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA validation for 3d - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX XXX - Buyer-XXX<br> Open-XXX 3d, verification of PITI not provided. Only initial 1003 provided for payment information. - Due Diligence Vendor-XXX |  | Resolved-Received XXX validation for XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020186 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020228 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Previous housing history on credit and tied to the property XXX fraud. Client own free and clear prior to purchasing new primary. XXX months only for housing history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Mortgages on Credit Report: Primary: XXX DUE FOR XXX (XXX)(Prior XXX tied to prior primary XXX).<br> 2. Mortgage Ratings Addressed on UW Credit Memo. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements, Credit report is only reporting XXX months, XXX months housing history is required, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Previous housing history on credit and tied to the property via fraud. Client own free and clear prior to purchasing new primary. XXX months only for housing history. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020228 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | XXX Formation Document is Missing | Resolved-EIN Number provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity Documents & XXX. - Buyer-XXX<br> Open-The XXX Formation Document is Missing. Investor to review and approve all Entity documentation. The XXX Formation Documents are Missing as well as EIN number, please provide, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-EIN Number provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020230 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Payment History. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOM - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements XXX month payment history needed for subject property. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Payment History. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020230 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Description. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-XXX |  | Resolved-Legal provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020230 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | XXX Formation Document is Missing | Resolved-EIN Number provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Entity Documents/XXX. - Buyer-XXX <br> Open-The XXX Formation Document is Missing. Investor to review and approve all Entity documentation. Provide business formation docs and EIN. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-EIN Number provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020167 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit Report - Due Diligence Vendor-XXX |  | Resolved-Received XXX Report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020167 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Profit & Loss Missing | Resolved-Profit and loss provided for XXX supporting the rental income used to qualify. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed and dated P&L - Buyer-XXX<br> Open-Borrower 1 YTD Profit & Loss Missing Need signed/dated YTD P&L for XXX with XXX (since rental income/loss was utilized). - Due Diligence Vendor-XXX |  | Resolved-Profit and loss provided for XXX supporting the rental income used to qualify. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020204 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Borrower 1 XXX Credit Report was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Need updated XXX Credit report within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Borrower 1 XXX Credit Report was provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX required, borrowers' qualifying score is XXX.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Long term residence - Borrowers have owned subject property since XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020204 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Borrower 2 XXX Credit Report was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Need updated XXX Credit report within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Borrower 2 XXX Credit Report was provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - XXX required, borrowers' qualifying score is XXX.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Long term residence - Borrowers have owned subject property since XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020420 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received revised 1003. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open- Subject property being refinanced not listed on either borrower's loan application Section XXX XXX. - Due Diligence Vendor-XXX |  | Resolved-Received revised 1003. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020329 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Received Seller CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per UW, "cash to close on the final CD is $XXX. The funds held at 1031 exchange are $XXX. This amount covers the cash to close amount needed. We also have bank statements from XXX in the file that shows amounts of $XXX and $XXX. These amounts cover the three months PITI reserves needed of $XXX."<br> - Buyer-XXX<br> Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Seller CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020329 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received 1031 Exchange. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per UW, "cash to close on the final CD is $XXX. The funds held at 1031 exchange are $XXX. This amount covers the cash to close amount needed. We also have bank statements from XXX in the file that shows amounts of $XXX and $XXX. These amounts cover the three months PITI reserves needed of $XXX."<br> - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) 1031 Exchange - Funds to close are coming from 1031 exchange to reflect on Final CD - Max funds to close not to exceed $XXX<br> at initial Underwriting review. The 1031 exchange instruction do not include the amount of funds. only reference to amount is on 1003 assets section. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Per XXX, "cash to close on the final CD is XXX. The funds held at 1031 exchange are XXX. This amount covers the cash to close amount needed. We also have bank statements from XXX in the file that shows amounts of XXX and XXX. These amounts cover the three months XXX reserves needed of XXX."<br> - Seller-XXX | Resolved-Received 1031 Exchange. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020329 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received DOT w/XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX is Missing - Due Diligence Vendor-XXX |  | Resolved-Received DOT w/XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020329 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received documentation to support assets. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Per UW, "cash to close on the final CD is $XXX. The funds held at 1031 exchange are $XXX. This amount covers the cash to close amount needed. We also have bank statements from XXX in the file that shows amounts of $XXX and $XXX. These amounts cover the three months PITI reserves needed of $XXX."<br> - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. 1031 Exchange - Funds to close are coming from 1031 exchange to reflect on Final CD - Max funds to close not to exceed $XXX<br> at initial Underwriting review. Exchange Instructions in file, however no documentation reflecting amount and not reflected on final CD. - Due Diligence Vendor-XXX |  | Resolved-Received documentation to support assets. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020232 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020163 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD was signed on XXX. if the condition referes to this CD, this is the fee sheet used by the XXX for the seller. This was not sent to borrower - Buyer-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----Revised CD XXX is not signed and there is no evidence of when it was provided to borrower. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the document(s) are located in original file, nothing further required - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - minimum reserves are XXX months, Borrrower has XXX months<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020364 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received Certificate of Formation and XXX confirmation as XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX<br> income docs - Buyer-XXX<br> Open-The XXX Formation Document is incomplete Missing LLC documents. XXX, Operating agreement and proof the business is active - Due Diligence Vendor-XXX |  | Resolved-Received Certificate of Formation and XXX confirmation as XXX. - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - . Required is 0.8 Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX report. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XXX |  | Resolved-Received VVOE. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 CPA Letter Missing A CPA Letter is missing to verify the borrower's self-employment (length, percentage of ownership, and expense factor) - Due Diligence Vendor-XXX |  | Resolved-Received XXX letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020158 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOI for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing insurance for property XXX. Once received, the annual premium cannot be more than $XXX. Subject to review and additional findings. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX for XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020166 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with Legal as the last page - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-XXX |  | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - XXX required - DSCR XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020211 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received XXX confirming XXX% ownership - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Documents XXX.<br> - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing LLC docs for XXX to confirm borrowers ownership and access to XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX Agreement confirming XXX% ownership - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020211 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Received XXX confirming XXX% ownership - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Documents XXX.<br> - Buyer-XXX<br> Open-Asset 4 Does Not Meet Guideline Requirements Missing LLC docs for XXX to confirm borrowers ownership and access to XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX Agreement confirming XXX% ownership - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020211 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Issue with First Payment Letter | Resolved-Received first payment letter reflect no escrows. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Final CD does not have impounds.<br> 2. Closing Package.<br> 3. First Payment Letter, no impounds. - Seller-XXX<br> Open-There is an issue with XXX. Payment letter includes property taxes, escrows waived. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1. Final CD does not have impounds.<br> 2. Closing Package.<br> 3. First Payment Letter, no impounds. - Seller-XXX | Resolved-Received first payment letter reflect no XXX. - Due Diligence Vendor- XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020211 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received all required XXX documentation for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX Documents XXX.<br> 2. XXX Documents XXX. - Buyer-XXX<br> Open-The XXX Document is Missing. Investor to review and approve all Entity documentation. The XXX Formation Document and proof of EIN are missing for XXX. Additional conditions may apply - Due Diligence Vendor-XXX |  | Resolved-Received all required business entity documentation for XXX - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020189 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020205 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020248 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020229 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The attached full comprehensive background/fraud reports for the borrowing entity and guarantor were uploaded for initial loan file review. Please provide specifics for alerts mentioned. - Buyer-XXX<br> Counter-Received documentation for possible high alerts, please provide the Full Fraud Report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fraud Reports - Seller-XXX<br> Open-Missing Third Party Fraud Report Missing Third Party Fraud alert for all parties associated with transaction - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Fraud Reports - Seller-XXX | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Completed VOR provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Completed VOR - Buyer-XXX<br> Counter-Provided VOR with landlord info completed. The cancelled checks are not required since this is not a DSCR requirement. - Due Diligence Vendor-XXX<br> Counter-After further review from management, the VOR has missing information on the top left section of the document showing the XXX information or Private party information that receives the rent from the borrower. This information is typically not left blank and required to be filled out from the building manager or Individual/company that oversees the payments made from borrower. - Due Diligence Vendor-XXX<br> Ready for Review-Payment documentation is not required via DSCR housing history guidelines. If VOR provided, no additional docs required. Please re-review. - Seller-XXX<br> Counter-Received VOR completed by building manager. Provide confirmation not private party VOR. If renting from individual, provide copy of executed lease with most recent XXX months cancelled to verify current rent has been paid as agree. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. This XXX is the XXX for the borrower that was initially uploaded. It shows our borrower has rent since XXX. - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Need VOR for current housing showing most recent XXX months rent paid as agreed. <br> If renting from individual, provide copy of executed lease with most recent XXX months cancelled to verify current rent has been paid as agree. - Due Diligence Vendor-XXX | Ready for Review-Payment documentation is not required via DSCR housing history guidelines. If XXX provided, no additional docs required. Please re-review. - Seller-XXX<br> Ready for Review-Document Uploaded. This XXX is the XXX for the borrower that was initially uploaded. It shows our borrower has rent since XXX. - Seller-XXX | Resolved-Completed VOR provided. - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Missing First Payment Letter | Waived-Client exception granted to allow Note with monthly impounds versus first payment letter. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - XXX - Buyer-XXX<br> Counter-First payment letter, fully executed is required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Our note discloses the payment amount and how to pay. Does that not fulfill the XXX requirment? - Buyer-XXX<br> Open-Missing First payment letter. Missing final payment letter fully executed. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow Note with monthly impounds versus XXX payment letter. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing an established XXX impound account for taxes and insurance. | Resolved-Upon further review, the loan file contained all required escrow documentation. - Due Diligence Vendor-XXX<br> Ready for Review-This is not required on a DSCR loan. Please advise - Seller-XXX<br> Open-Missing Initial XXX disclosure - Due Diligence Vendor-XXX | Ready for Review-This is not required on a DSCR loan. Please advise - Seller-XXX | Resolved-Upon further review, the loan file contained all required XXX documentation. - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received photo id. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. These XXX are the driver's license that were initially uploaded. This should fulfill the patriot act condition. - Seller-XXX<br> Open-Missing Disclosure - XXX Borrower Identification Form. Need either XXX Borrower Identification form fully executed OR provide Photo of ID of borrower. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. These XXX are the XXX that were initially uploaded. This should fulfill the patriot act condition. - Seller-XXX | Resolved-Received photo id. - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020444 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received XXX summary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX produces our "1008." It is our pricing engine and assists for various aspects of decisioning and final approval. Since these are business purpose loans there is not a true 1008 so this is what we use. - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing final 1008 Transmittal - Due Diligence Vendor-XXX |  | Resolved-Received loan pass summary. - Due Diligence Vendor-XXX | Long term residence - Borrower has owned subject property since XXX - long term residency.<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020199 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Certificate confirming property not in flood zone. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Flood Cert - Buyer-XXX<br> Open-Missing Flood Certificate - Due Diligence Vendor-XXX |  | Resolved-Received Flood Certificate confirming property not in XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020169 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020150 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020233 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Received Final Seller CD. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-XXX |  | Resolved-Received Final Seller CD. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Maximum allowable DTI is XXX% - actual DTI is XXX%. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020233 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-The HOA Questionnaire Document is not missing. Subject detached per 1004. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. XXX Questionnaire is not in file. - Due Diligence Vendor-XXX |  | Resolved-The XXX Document is not missing. Subject detached per 1004. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Maximum allowable DTI is XXX% - actual DTI is XXX%. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020233 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description on Mortgage.<br> - Due Diligence Vendor-XXX |  | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Maximum allowable DTI is XXX% - actual DTI is XXX%. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020270 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Upon further review, loan pass/approval was located in the loan file. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor response - the lender approval was delivered with the initial loan file received - Buyer-XXX<br> Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX |  | Resolved-Upon further review, loan pass/approval was located in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves; XXX months reserves required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received fraud clearance. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor response - Seller-XXX<br> Counter-Borrower profile provided. Please provide a Fraud report with cleared alerts and the documentation to support the clearance - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Lists addresses on Fraud Report - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts All high alerts to be cleared. XXX, XXX , XXX - Potential undisclosed REO. Review properties in the address summary. Determine if identified owner and borrower are the same. Request appropriate documentation if unresolved. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor response - Seller-XXX<br> Ready for Review-Document Uploaded. Lists addresses on Fraud Report - Seller-XXX | Resolved-Received fraud clearance. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOI, HOA and tax verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Insurance - $XXX ($XXX monthly)<br> HOA - $XXX annually - our statement shows quarterly dues of $XXX - ($XXX monthly<br> Taxes - $XXX (XXX monthly)<br> XXX + XXX + XXX = 1003 figure of $XXX - Seller-XXX<br> Open-Missing tax, insurance and any HOA dues for property XXX for XXX as documents in file do not match up with information on the final application. Additional conditions may apply - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Insurance - XXX (XXX monthly)<br> XXX - $XXX annually - our statement shows quarterly dues of $XXX - (XXX monthly<br> Taxes - XXX (XXX monthly)<br> XXX = 1003 figure of $XXX - Seller-XXX | Resolved-Received HOI, XXX and tax verification. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CDA - Seller-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. CU SSR score is over XXX at XXX. An additional valuation product is needed that supports the value. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Received Desk Review supporting the appraised value. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX/UDM - both listings are our credit report from XXX - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Provide XXX report for B1. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - both listings are our credit report from XXX - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing Provide gap report for B2. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX/XXX - both listings are our credit report from XXX - Seller-XXX | Resolved-Received Undisclosed Debt Verification. No new debt noted. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020259 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage with Legal included - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Ex A; Legal - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Mortgage with Legal included - Seller-XXX | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020272 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Eligibility | XXX Document is Partially Provided | Resolved-Received XXX Questionnaire. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX questionaire - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. Missing full XXX questionnaire, document provided is not complete form. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020272 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | XXX is Partial | Waived-Client provided a waiver for water deductible XXX% applied to non material finding with comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. exception email - Seller-XXX<br> Counter-Received XXX Review and Email. XXX review documented the insurance date of XXX. The provided insurance is dated XXX, unable to confirm same policy as approved. Email does not address exception approval for XXX% deductible. Please provide exception request and approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. email for ins/fnma approval - Buyer-XXX<br> Open-XXX Partially Provided The guidelines for XXX insurance requirements states the deductible must not exceed XXX% of the policy's face value. Per the XXX, there is a XXX% water deductible. Exception in file. Missing email approval. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. exception email - Seller-XXX | Waived-Client provided a waiver for water deductible XXX% applied to non material finding with comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX | Qualifying FICO is XXX<br> XXX months of reserves<br> XXX DSCR | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020272 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DOT with riders/legal - Seller-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DOT with XXX - Seller-XXX | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020272 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Per XXX Department of XXX XXX a prepayment penalty may only be applied to XXX, XXX and XXX specifically. Under XXX Law a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-XXX |  | Waived-Per XXX & XXX prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXX a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX. Borrower has XXX. Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020161 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020208 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020310 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020311 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020266 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Legal Description, Page #XXX.<br> 2. Closing Package - Legal Description.<br> 3. Exhibit A, Included in Closing Package. Legal Description. - Buyer-XXX<br> Counter-Client provide legal however it is unknown if this legal was attached to Security Instrument. Please provide Security Instrument with legal incorporated into document - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Legal Desciption from Mortgage in Closing Package. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-XXX |  | Resolved-Received Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020178 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Property | Value | Primary Property Value is not Substantiated | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept and AVM from XXX as the secondary valuation product. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Buyer-XXX<br> Counter-finding remains....Desk review provided is from XXX Interactive XXX is not one of the approved alternatives - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Secondary Valuation - Buyer-XXX<br> Counter-Desk Review provided is not for the subject property - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Secondary valuation attached - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. CU score is XXX, additional secondary value is required - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept and XXX from XXX as the XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX | Low LTV (XXX%)<br> Strong Fico (XXX)<br> DSCR over XXX (XXX) | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020178 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Credit Supplement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX mortgage history attached along with mortgage statement confirming XXX in question as collateral - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Most recent mortgage history for XXX through XXX not provided - Due Diligence Vendor-XXX |  | Resolved-Received Credit Supplement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020217 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 XXX Less Than XXX Months Provided | Resolved-Client provided XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open-Borrower 1 XXX Less Than XXX Months Provided Missing XXX or XXX XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Client provided XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020217 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Client provide LOX for credit inquiries - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-LOX for credit inquiries is missing. - Due Diligence Vendor - XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Client provide XXX for credit inquiries - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020217 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received HOA Questionnaire - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Provide all XXX documentation, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020217 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | XXX is Missing | Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings - Due Diligence Vendor-XXX |  | Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided XXX, per XXX, cancelled checks are not required for VOR - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The housing History guidelines do not require proof of payment went renting from Private Party for DSCR--that only applies to VOM's from a Private Party - Buyer-XXX<br> Counter-Received private party VORs. Missing If renting from a private party (either canceled checks front and back OR bank statements showing account ownership and payments debited by XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. If a borrower is renting their primary residence, a VOR from the landlord is required with no additional documentation (e.g. cancelled checks not required). - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Borrower is currently renting-verification of timely payments made is required. If renting from a private party (either canceled checks front and back OR bank statements showing account ownership and payments debited by landlord. If renting from a management company, obtain a fully executed VOR - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX, per XXX, cancelled checks are not required for VOR - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Lender provided XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received preliminary title report. Missing confirmation #XXX and XXX of Schedule B part XXX met. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Title Document is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Lender provided XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Lender provide Trust Certificate and Trust - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received copy of Trust and amendment. Missing Trust Cert as noted required within preliminary title and approval from originator. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Open-Trust/POA Does Not Meet Guideline Requirements When XXX is required on a property that is held in trust, the trust agreement must be reviewed and approved by the XXX and Seller's underwriters. Copy of Trust/approval not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX | Resolved-Lender provide Trust Certificate and Trust - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received secondary valuation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraisal and XXX - Seller-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Appraisal reviews are required for all loan amounts. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Appraisal and XXX - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. HOI Policy - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX not Provided | Resolved-Received XXX month XXX within XXX report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Unsatisfactory XXX provided. Missing XXX month XXX- Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX month XXX within preliminary title report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020276 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received complete fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received complete fraud report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020165 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020321 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received income worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Income worksheet- this is in the file - Buyer-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX |  | Resolved-Received income worksheet. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020321 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020318 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Confirmation the borrower uses his social in lieu of an XXX number provided.<br> - Due Diligence Vendor-XXX<br> Open-Business Entity XXX value is invalid (Field value is ' '). Missing Tax Identification Number (Employer Identification Number – XXX). In any case where a XXX is used in lieu of XXX, provide UW cert or supporting documentation to confirm.<br> - Due Diligence Vendor-XXX |  | Resolved-Confirmation the borrower uses his XXX in lieu of an XXX number provided.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> On time mortgage history exceeds guideline requirement - Mortgage history for subject and primary are both XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020318 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR calculation provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The DSCR Calculation from lender is Missing. DSCR calculation is required - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-DSCR calculation provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> On time mortgage history exceeds guideline requirement - Mortgage history for subject and primary are both XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020239 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-XXX XXX value is acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX XXX value is invalid (Field value is ''). XXX per corporate documents, XXX not provided - Due Diligence Vendor-XXX |  | Resolved-Business Entity EIN value is acceptable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020239 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for XXX for No XXX - Due Diligence Vendor-XXX<br> Open-Appraisal completed "No XXX." Sellers who do not use XXX, and have not been approved for their independent panel, must submit for exception. - Due Diligence Vendor-XXX |  | Waived-Blanket waiver for XXX for No XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020247 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated 1008 to have DSCR calculation - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020176 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020288 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received property split profile and re taxes for XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Hi XXX<br>Is the attached sufficient to document the PITIA for XXX? NOTE: As previously advised, the XXX (XXX) is identified by the XXX assessment number. Attached are:<br>- Prop profile (showing free & clear)<br> - Copy of the tax roll<br> - Letter from Borrower advising he does not have a separate insurance policy for the XXX<br>Thank you, - Seller-XXX<br> Counter-Please provide PITIA verification for the Manufactured home, XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Finding remains.....when reviewing appraisal for XXX, I find that the Appraiser gave a sketch of what he called main house which is XXX and the map he provided pg XXX shows XXX as XXX. Sketch does not match XXX. Provide T&I for XXX as well as proof owns F&C - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Can you please ask the investor to advise re. #XXX below? Also, see attached documents for #XXX.

#XXX – For the XXX transcripts, can the investor clarify why this is needed? The Borrower was qualified on XXX and rental income. We have the signed XXX tax return for the rental income - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines The loan application shows an investment property at XXX with monthly maintenance of $XXX. However, the loan file is missing documentation evidencing that total payment and that there is not any type of lien on that property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Hi XXX<br>Is the attached sufficient to document the PITIA for XXX? NOTE: As previously advised, the XXX (XXX) is identified by the XXX assessment number. Attached are:<br>- Prop profile (showing free & clear)<br> - Copy of the tax roll<br> - Letter from Borrower advising he does not have a XXX for the XXX<br>Thank you, - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Ready for Review-Document Uploaded. Can you please ask the investor to advise re. #XXX below? Also, see attached documents for #XXX.

#XXX – For the XXX, can the investor clarify why this is needed? The Borrower was qualified on XXX and rental income. We have the signed XXX tax return for the rental income - Seller-XXX | Resolved-Received property XXX profile and re taxes for XXX. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - XXX reserves required; XXX verified reserves |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020288 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-Section XXX of XXX Seller guideline - The Borrower's complete federal income tax returns (XXX Form XXX), including Schedule E for the most recent year as described; does not reflect a requirement for tax transcripts. - Due Diligence Vendor-XXX<br> Counter-Finding remains....Tax Transcript required as rental income was used per the tax returns therefore transcripts are required to validate income used in qualifying - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Can you please ask the investor to advise re. #XXX below? Also, see attached documents for #XXX.

#XXX– For the XXX transcripts, can the investor clarify why this is needed? The Borrower was qualified on XXX and rental income. We have the signed XXX tax return for the rental income - Buyer-XXX<br> Open-Borrower 1 XXX Transcripts Missing - Due Diligence Vendor-XXX |  | Resolved-Section XXX of XXX Seller guideline - The Borrower's complete XXX income tax returns (XXX), including Schedule XXX for the most recent year as described; does not reflect a requirement for tax transcripts. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - XXX reserves required; XXX verified reserves |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020288 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Loan is not DSCR and did not close in XXX - Occupancy Affidavit is acceptable - Due Diligence Vendor-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavit is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Loan is not DSCR and did not close in business entity - XXX is acceptable - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - XXX reserves required; XXX verified reserves |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020262 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received perm resident alien card. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Permanent Residence card uploaded for review - Buyer-XXX<br> Open-Borrower Citizenship Documentation Is Missing Missing a copy of the front and back of the borrower's Permanent Resident card - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020257 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020407 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020440 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOI for primary. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. updated XXX<br> 2. updatd 1003<br> 3.updatd 1008<br>- Buyer-XXX<br> Open-Provide in force XXX for XXX as policy provided expired XXX. Add updated premium to DTI. - Due Diligence Vendor-XXX |  | Resolved-Received XXX for primary. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower was at current employer for XXX years. <br> Long term residence - Borrower has been at current residence for XXX years |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020440 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX. credit XXX<br> 2. XXX credit <br> - Seller-XXX<br> Counter-Received duplicate credit refresh dated XXX and XXX days from Note date. Please provide updated credit refresh within XXX days of closing date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please note that the XXX is not a business day due to he XXX. This XXX is within XXX days of closing. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Need XXX Credit report within XXX days of closing date. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1. credit XXX<br> 2. XXX credit <br> - Seller-XXX<br> Ready for Review-Document Uploaded. Please note that the XXX is not a business day due to he XXX. This XXX is within XXX days of closing. - Seller-XXX | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower was at current employer for XXX years. <br> Long term residence - Borrower has been at current residence for XXX years |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020440 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received credit inquiry letter of explanation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. inquiry LOX - Seller-XXX<br> Open-LOX for credit inquiries is missing. Missing inquiry letter for XXX CU - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. inquiry XXX - Seller-XXX | Resolved-Received credit inquiry letter of explanation. - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower was at current employer for XXX years. <br> Long term residence - Borrower has been at current residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020440 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. complete mortgage - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. XXX, XXX and XXX not executed. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower was at current employer for XXX years. <br> Long term residence - Borrower has been at current residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020440 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | The Deed of Trust is Not Executed | Resolved-Received complete security instrument - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. complete mortgage - Seller-XXX<br> Open-The Deed of Trust is Not Executed DOT in file is not executed - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. complete mortgage - Seller-XXX | Resolved-Received complete security instrument - Due Diligence Vendor-XXX | Verified employment history exceeds guidelines - Borrower was at current employer for XXX years. <br> Long term residence - Borrower has been at current residence for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020258 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received confirmation from title items removed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The XXX is not ready yet, but we have an email from title regarding items #XXX. FYI - per the attached email, items #XXX are easements that will remain. Thank you! - Seller-XXX<br> Open-Property Title Issue Property title issue- schedule B items #XXX - XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The XXX is not ready yet, but we have an email from title regarding items XXX. FYI - per the attached email, items XXX are easements that will remain. Thank you! - Seller-XXX | Resolved-Received confirmation from title items removed. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; min score XXX. Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - LTV XXX max XXX%. Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020267 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Upon further review, cash out letter is not a requirement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, cash out letter is not a requirement. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020227 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020213 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020289 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Property report provided confirming XXX is free and clear - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Evidence of Free and Clear for XXX provided and Insurance for XXX provided. Insurance and taxes for XXX provided, however we are missing evidence of free and clear. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Tax, insurance and proof free and clear are needed for properties XXX and XXX<br> Tax and insurance needed for property XXX as mortgage does not XXX. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Property report provided confirming XXX is free and clear - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-All pages of the XXX months of bank statements were provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Seller has provided XXX month of statements ---XXX XXX (starts page "XXX") - XXX XXX (starts page "XXX")-- - Seller-XXX<br> Counter-Received XXX months statements XXX XXX. Missing two additional statements. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Bank Statements - Seller-XXX<br> Open-Income and Employment Do Not Meet Guidelines Provide missing pages of bank statements for XXX for borrower XXX. All stmts are missing page XXX or pages XXX. XXX XXX stmt is missing pages XXX and pgs XXX - Due Diligence Vendor - XXX | Ready for Review-Document Uploaded. Seller has provided XXX month of statements -- XXX (starts page "XXX") - XXX (starts page "XXX")-- - Seller-XXX<br> Ready for Review-Document Uploaded. Bank Statements - Seller-XXX | Resolved-All pages of the XXX months of bank statements were provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA Verification - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 CPA Letter Missing CPA letter does not state the ownership percentage. Proof of CPA license not provided. Additional conditions may apply - Due Diligence Vendor-XXX |  | Resolved-Received XXX Verification - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-Client provided XXX for Appraiser and XXX shows XXX as cleared thru XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. fraud report reflects XXX as cleared.<br> 2. appraiser - XXX - no results. - Seller-XXX<br> Counter-XXX Completion Cert provided. Please provide XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-XXX Not Completed and/or Cleared Appraiser and appraisal company to be cleared through XXX and interested parties. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1. fraud report reflects XXX XXX as cleared.<br> 2. appraiser - XXX - no results. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Client provided XXX for Appraiser and XXX shows Appraisal XXX as cleared XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020441 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Fraud Report Alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts All high alerts to be cleared. Additional conditions may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Fraud Report Alerts. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020360 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received acceptable desk review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. The loan file is missing an AVM and/or a Desk review to support the appraised value. The XXX XXX in the loan file scored a XXX which also does not support the appraised value. - Due Diligence Vendor-XXX |  | Resolved-Received acceptable desk review. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020360 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received complete fraud report. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Missing Third Party Fraud Report A Fraud Report is missing for each borrower. The loan file does contain an XXX report for all participants but a fraud report is missing. - Due Diligence Vendor-XXX |  | Resolved-Received complete fraud report. - Due Diligence Vendor-02/03/2026<br>| LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020324 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020219 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020320 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020358 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided VOR completed by XXX. they also included a snap shot of the XXX name/phone number which matches VOR - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX for primary<br> 2. XXX was completd by a XXX - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Any VOR completed by a private party, or any non-institutional landlord must be supported by alternative documentation showing the most recent XXX-month history (cancelled checks, rental statements including payment history, etc.). - Due Diligence Vendor-XXX |  | Resolved-Client provided VOR completed by XXX. they also included a snap shot of the XXX name/phone number which matches VOR - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020358 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Client provided snap shot of company who signed the VOR, ph # matches what is listed on VOR - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. VOR for primary<br> 2. VOR was completd by a XXX- Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing primary housing verification - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX of XXX who signed the XXX, ph # matches what is listed on VOR - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020358 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-Received VOR. ATR/QM status updated - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. VOR for primary<br> 2. VOR was completd by a XXX - Buyer-XXX<br> Open-ATR: The Lender did not document all ATR Factors Primary housing history not documented. - Due Diligence Vendor-XXX |  | Resolved-Received VOR. ATR/QM status updated - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020271 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors- To allow less than XXX months housing history - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Request and Approval. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX-month housing payment history. Exception noted on UW memo, missing exception approval from lender - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors- To allow less than XXX months housing history - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX Months Reserves exceed XXX month minimum required<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX | • XXX FICO scores provided for the borrower. XXX score, XXX tradelines.<br> • XXX reserves vs XXX required<br> • XXX DSC Ratio<br> • XXX year XXX<br> • Per VOM, the borrower has made timely payments since the loan started on XXX | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020244 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-Client provided XXX UDV dated XXX maximum monitoring length through XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached showing today's date and no new inquiries compared with the prior XXX report - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Borrower 1 & Borrower 2 XXX Credit Report is Expired - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX XXX dated XXX maximum monitoring length through XXX - Due Diligence Vendor-XXX | Long term residence - XXX years at current residence<br> On time mortgage history exceeds guideline requirement - XXX to XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020231 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Not Allowed for Program | Resolved-After further review, XXX properties are allowed up to XXX acres. - Due Diligence Vendor-XXX<br> Open-Primary Value Valuation XXX Location Not Allowed for Program - Due Diligence Vendor-XXX |  | Resolved-After further review, XXX are allowed up to XXX acres. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020290 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Client provided updated Appraisal w/ the REVISION REQUEST: XXX<br> The subject has a detached garage. The garage was considered to be framed and fully functional but not finished out.<br> There were visible wires due to the lack of XXX. Appraiser is not an licensed electrician and assumes no liability for<br> code compliance or safety. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Appraiser Comment regarding garage. - Buyer-XXX<br> Counter-Received memo but does not appear to be completed by appraiser. Please have appraiser address items within original finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Document Uploaded. Appraisal Rebuttal. No Health and Safety issues. - Buyer-XXX<br> Open-Property Issues are identified for the property Missing appraiser comment on garage, exposed electrical wires and ceiling rafters to ensure no health and safety issues. Additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Client provided updated Appraisal w/ the REVISION REQUEST: XXX<br> The subject has a XXX. The XXX was considered to be framed and XXX but not finished out.<br> There were XXX due to the lack of XXX. Appraiser is not an XXX and assumes no liability for<br> XXX or safety. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020299 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020363 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020333 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment history from XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Client provided an LOX, please provide all XXX pages of mortgage history that the memo in file refers to - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing full XXX month mortgage history for current home (as we only have history from XXX to XXX). - Due Diligence Vendor-XXX |  | Resolved-Received payment history from XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is 700 Borrower has XXX<br> Months Reserves exceed minimum required - We have XXX months in reserves and only needed XXX months verified |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020333 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Named Insured on XXX does not match Borrower(s) Name(s) | Resolved-Client provided XXX stating the vesting is not in the individual's name because this is a XXX loan and borrower signed as XXX% owner of the business - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Named Insured does not match Borrower(s) Name(s) Name insured should be borrower's individual name and business name as shown on Note - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX stating the XXX is not in the XXX name because this is a XXX loan and borrower signed as XXX% owner of the business - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is 700 Borrower has XXX<br> Months Reserves exceed minimum required - We have XXX months in reserves and only needed XXX months verified |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020357 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose and Occupancy Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-XXX provided, please provide the Business Purpose Affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit for DSCR qualified loan. Although Occupancy Affidavit/Statement was provided, this does not meet XXX criteria. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Business Purpose and Occupancy Affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received Desk Review. Value Supported. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Appraisal provided, however we are missing the secondary valuation to support the appraised value. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Missing Secondary appraisal valuation from approved vendor with acceptable scores, i.e. XXX, XXX, etc. Note: XXX and XXX are unable to score multi-unit properties. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Desk Review. Value Supported. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Approval/Underwriting Summary Not Provided. Missing lender required copy of the final loan approval or equivalent i.e. customer commitment letter, 1008, and/or Seller approval - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing First Payment Letter | Resolved-Received XXX Payment Letter - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing First payment letter. Missing First Payment Letter - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020357 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received the Deed of Trust - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Deed of Trust is Missing Missing Security Instrument, including any required addendums/riders/exhibits. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received the Deed of Trust - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Client provided fully executed Seller CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Final CD'S. - Buyer-XXX<br> Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-XXX |  | Resolved-Client provided fully executed Seller CD - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020274 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | XXX Not Allowed for Program | Waived-Client waiver applied to non-material finding with compensating factors. Exception for non-arms length. - Due Diligence Vendor-XXX<br> Open-Non-Arm's Length Transactions Not Allowed for Program Non-arm's length transactions are allowed on primary residences only. Exception in file - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors. Exception for XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | XXX% LTV<br> XXX Credit - mortgage paid as agreed since XXX<br> XXX Ratios <br> $XXX residual income <br> XXX mos reserves - own funds<br> LTR |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020274 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Assets | Gift Funds General | Waived-Client waiver applied to non-material finding with compensating factors, Exception for gift of equity. - Due Diligence Vendor-XXX |  | Waived-Client waiver applied to non-material finding with compensating factors, Exception for gift of equity. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | XXX% LTV<br> XXX Credit - mortgage paid as agreed since XXX<br> XXX Ratios <br> $XXX residual income <br> XXX mos reserves - own funds<br> LTR |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020330 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020191 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020350 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Operating agreement provided. Borrower owns XXX%. - Due Diligence Vendor-XXX<br> Counter-Finding remains. Client provided Operating Agreement however % of Ownership is missing - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received duplicate documentation. Please address original finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded operating agreement - Buyer-XXX<br> Open-The XXX Document is incomplete Need XXX for business to be fully executed and reflect percentage of ownership. Subject to additional conditions - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-XXX provided. Borrower owns XXX%. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded business purpose affidavit - Seller-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavits is required fully executed. (Doc in file is not executed). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Uploaded business purpose affidavit - Seller-XXX | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The personal guaranty contains both borrowers and signatures. - Due Diligence Vendor-XXX<br> Counter-Received completed personal guaranty for B1. Missing for B2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received executed Personal Guaranty however the XXX page is incomplete. Missing Note Date, property address, Borrowers names and Lender, XXX. Missing for B2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Uploaded XXX - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Partial'. Need XXX fully executed as personal guaranties (doc in file is not completed or executed). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-The XXX guaranty contains both borrowers and signatures. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020336 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description attached to recorded mortgage. - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020372 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020449 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received conversion and income worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. revised rental income worksheet<br> 2. Updated DU 1003 1008<br> 3. XXX XXX Documents<br> - Buyer-XXX<br> Counter-Finding remains..Client provided account history to reflect payments on XXX have been made. All other conditions remain - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Payments are highlighted - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Need mortgage statements for mortgage on XXX showing November and XXX payments paid as agreed.<br> Need updated XXX for XXX as doc in file has expired. Need to include updated amount in PITI calculation. <br> Need conversion figures from Canadian funds to XXX Dollars for full PITI payment for XXX prior to closing to update XXX worksheet showing correct payment for property in XXX Dollars. (XXX has been converted). - Due Diligence Vendor-XXX |  | Resolved-Received conversion and income worksheet. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has additional reserves <br> Long term residence - Borrower at current residence for XXX years. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020449 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Client provided updated appraisal, XXX added - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated appraisal - Buyer-XXX<br> Open-Appraiser to address economic life of subject. - Due Diligence Vendor-XXX |  | Resolved-Client provided updated appraisal, XXX added - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Borrower has additional reserves <br> Long term residence - Borrower at current residence for XXX years. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020303 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020260 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020252 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020175 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Upon further review of XXX for XXX, borrower is XXX% owner - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower owns XXX% of XXX. XXX shows this. - Buyer-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Missing documentation which confirms borrower had authorized unrestricted use of the funds on deposit on behalf of XXX, including, but not limited to consent by other account owners, as they may exist. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review of XXX, borrower is XXX% owner - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020175 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Upon further review, borrower is XXX% owner of XXX per XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower owns XXX% of XXX. Operating Agreement shows this. - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Missing documentation which confirms borrower had authorized unrestricted use of the funds on deposit on behalf of XXX, including, but not limited to consent by other account owners, as they may exist. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, borrower is XXX% owner of XXX per Operating Agreement - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020356 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received XXX - Borrower is XXX% Member - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Received certificate of owners. Missing XXX reflecting ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Proof of ownership - Buyer-XXX<br> Open-The XXX Document is incomplete The XXX does not indicate the borrower's percentage owned of the business. Subject to additional conditions. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Agreement - Borrower is XXX% Member - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020353 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-XXX within the note, section XXX. - Due Diligence Vendor-XXX<br> Open-There are Issues Present on the Note that must be addressed. The prepayment penalty addendum to the Note is missing. - Due Diligence Vendor-XXX |  | Resolved-XXX within the note, section XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves; the borrower has over XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020353 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-XXX |  | Resolved-Received 1008. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves; the borrower has over XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020353 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received Purchase Contract - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing complete purchase contract. - Due Diligence Vendor-XXX |  | Resolved-Received Purchase Contract - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves; the borrower has over XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020353 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received XXX Document - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Title Document is missing . - Due Diligence Vendor-XXX |  | Resolved-Received Title Document - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months of reserves; the borrower has over XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020368 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Waived-Client provided a waiver for non-XXX Appraisal, applied to non material finding with Reviewed comp factors - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception request form and approval email attached. - Buyer-XXX<br> Counter-Received AIR compliance however appraisal was not ordered through XXX. Must meet guidelines XXX or client exception required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received revised appraisal with rental photos, however appraisal was not ordered through XXX. Must meet guidelines XXX exception required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The condition stated property issues were missing rental comparable photos. I attached the appraisal again with rental comparable photos added. If this does not clear the condition, please specifiy exactly what needs to be corrected. - Buyer-XXX<br> Open-Property Issues are identified for the property XXX appraisal contains market rents analysis but is missing photos of the rental properties used in the analysis. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver for XXX, applied to non material finding with Reviewed comp factors - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020285 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Tract search report provided for the primary confirming no liens. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Tract Search - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Need lien report for current home to verify there are no additional mortgages reflected as owing. (XXX with XXX - verified one is paid in full only). - Due Diligence Vendor-XXX |  | Resolved-XXX search report provided for the primary confirming XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020255 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020340 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Personal Guaranty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Guarantee Affidavit - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing'. Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing'. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Guaranty. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020340 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Business Purpose Affidavit - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Received Business Purpose Affidavit - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020399 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see the highlighted items reflect XXX and XXX payment. - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Missing XXX months housing history for subject. Mtg stmt provided for XXX payment shows a unpaid late charges. Proof paid as agreed needed. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received payment verification. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX months needed. XXX months and XXX months verified. <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020265 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Finding remains..Client provided XXX Credit report which as XXX inquiries. Please provide LOX for XXX and XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit report XXX days prior to close - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received credit inquiry XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020265 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX coverage is not sufficient | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. rce email XXX% replacement cost from insurance - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020265 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Potential Occupancy/Current Address Issues identified in the file | Resolved-Client provided LOX from borrower stating never listed for rent and did not have a realtor list for rent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Subject was currently listed for rent. Missing letter of explanation from borrower and intent to continue to occupy as primary residence. (Hazard insurance also includes loss of use coverage) - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Client provided XXX from borrower stating never listed for rent and did not have a XXX list for rent. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020265 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | XXX Signature Requirement Not met | Resolved-Client provided Deed conveying interest fully executed - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer - XXX<br> Open-XXX Owner Signature Requirement Not met. Missing QCD from XXX and XXX conveying interest to borrower (copy in file is not completed or executed) - Due Diligence Vendor-XXX |  | Resolved-Client provided Deed conveying interest fully executed - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020250 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020190 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received XXX with sufficient coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. updated XXX - Buyer-XXX<br> Open-Insufficient XXX Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). loan amount is $XXX, title coverage is $XXX - Due Diligence Vendor-XXX |  | Resolved-Received XXX with sufficient coverage - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Minimum reserves are XXX months, Borrower has XXX months |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020378 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received corrected Personal Guaranty reflecting borrower only. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX corrected - Buyer-XXX<br> Counter-Guaranty agreement provided, however we are missing a complete credit package for the borrower's spouse who signed the guarantee agreement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Personal Guarantee was signed at closing - Buyer-XXX<br> Open-Each XXX providing a personal guarantee must complete a Form 1003 or similar credit application indicating clearly that such document is being provided in the capacity of the guarantor. The application of each member providing a personal Guarantee and their credit score, and creditworthiness will also be used to determine qualification and pricing. The borrower's spouse signed a personal guaranty, please provide a 1003 and credit report. - Due Diligence Vendor-XXX |  | Resolved-Received corrected Personal Guaranty reflecting borrower only. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020319 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020294 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Client provided XXX w/ sufficient coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing XXX - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX w/ sufficient coverage - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020294 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Client provided DSCR Cal - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Client provided DSCR Cal - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020292 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Upon further review, the 1004D reflect Stove Hookups are present. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. stove is not required just proof that there is an outlet for the stove per XXX Guidelines, you can see the outlet in the 1004D, this was uploaded to XXX - Buyer-XXX<br> Open-Property Issues are identified for the property. Subject was under renovation construction at time of appraisal inspection/ 1004D with photos confirms all work was completed but does not show that a stove/oven was installed. Please provide photo(s) along with confirmation that the stove/oven was installed and in working order. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the XXX reflect XXX are present. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020282 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Signed Mortgage provided with all riders. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Finding remains. Client provided Note/Mortgage for Coborrower only, Missing signature of Borrower on Note and Mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Provide copy reflecting a legible signature of the borrower - Due Diligence Vendor-XXX |  | Resolved-Signed Mortgage provided with XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020282 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Client provided Note signed by borrower - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Finding remains. Client provided Note/Mortgage for Coborrower only, Missing signature of Borrower on Note and Mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Provide copy reflecting a legible signature of the borrower - Due Diligence Vendor-XXX |  | Resolved-Client provided Note signed by borrower - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020352 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax cert provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Missing Evidence of Property Tax Missing Tax certification from title company as to how monthly tax was determined. - Due Diligence Vendor-XXX |  | Resolved-Tax cert provided - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020352 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received corrected report and appraiser confirming tenant not related and was an error. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see appraiser's comments on pg.XXX of report (XXX of pdf) and also corrected 1007. - Buyer-XXX<br> Open-Property Issues are identified for the property Appraiser states property is rented to related party at reduced rent rate. XXX program does not allow for properties under this program type to be leases to related parties. Appraiser comments the relationship on 1007. - Due Diligence Vendor-XXX |  | Resolved-Received corrected report and appraiser confirming tenant not related and was an error. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020352 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Provide DSCR calculation/ratio as information is not provided on documents in file. - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - . Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020338 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DCSR calc - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Lender DSCR calculation is required - Due Diligence Vendor-XXX |  | Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020387 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided Ex A legal description - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mortgage sent for recording - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX description - Due Diligence Vendor-XXX | Residual Income =/> XXX times XXX monthly residual income - Residual income > $XXX monthly<br> On time mortgage history exceeds guideline requirement - XXX since XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020305 |  | XXX C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception granted to non material finding with comp factors.<br> - Due Diligence Vendor-XXX<br> Open-1008 reflects solar XXX being subordinated, does not meet lender guideline. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to non material finding with comp factors.<br> - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | Credit Score: XXX<br> Reserves: XXX months<br> DSCR: XXX<br> Credit History: XXX<br> LTV: XXX% CLTV |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020305 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received revised effective date on appraisal. - Due Diligence Vendor-XXX<br> Ready for Review-appraiser provided revised appraisal to reflect correct effective date. XXX is the correct effective date. It is signed as XXX, because that is when XXX requested correction. Please escalate to clear - Seller-XXX<br> Counter-Received appraiser reflecting effective date XXX and signature XXX. Appraiser did not provide any commentary on changes and reason for updated signature date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. revised appraisal attached. - Seller-XXX<br> Counter-Appraisal in file has an effective date of XXX, the appraisal received from the client has an effective date of XXX. Appraiser to provide certification for which effective date is correct. XXX is dated XXX as well as CDA - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. there was an original appraisal and revisions, so the appraisal provided in original package was most current revision. Please find original attached - Seller-XXX<br> Open-Page XXX of the appraisal indicates an effective date of XXX and the signature page indicates an effective date of XXX. Need to determine which is correct. - Due Diligence Vendor-XXX | Ready for Review-appraiser provided revised appraisal to reflect correct effective date. XXX is the correct effective date. It is signed as XXX, because that is when XXX requested correction. Please escalate to clear - Seller-XXX<br> Ready for Review-Document Uploaded. revised appraisal attached. - Seller-XXX<br> Ready for Review-Document Uploaded. there was an original appraisal and revisions, so the appraisal provided in original package was most current revision. Please find original attached - Seller-XXX | Resolved-Received revised effective date on appraisal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020298 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020417 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Received fully executed HUD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. fully executed settlement stmt - Seller-XXX <br> Counter-Received seller settlement statement. Missing seller signature or title certification for final. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. HUD includes seller fees - Seller-XXX<br> Open-The Final SELLER CD/HUD is missing. Missing Signed Final SELLER CD/HUD. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. fully executed settlement stmt - Seller-XXX<br> Ready for Review-Document Uploaded. XXX includes seller fees - Seller-XXX | Resolved-Received fully executed XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020417 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received final settlement statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. dated HUD - Seller-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an XXX . Final HUD1 is missing dates. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. dated XXX - Seller-XXX | Resolved-Received final settlement statement. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020173 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-After further review, the Note is signed as an individual and as an entity. The guarantee agreement is not required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the XXX Doc is 'Missing'. XXX Doc is 'Missing'. - Due Diligence Vendor-XXX |  | Resolved-After further review, the Note is signed as an XXX and as an XXX. The guarantee agreement is not required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX FIOC is XXX - minimum is XXX - XXX pts above<br> Long term residence - Borrower has owned property since XXX (XXX months). |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020425 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Client provided XXX XXX month XXX. DSCR calculation is greater than XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX of the XXX shows the address (previously was not sent to you) - Seller-XXX<br> Counter-Received originators DSCR and LTV. Received XXX XXX to XXX. XXX month look back does not reflect subject property address. Please provide complete earnings for subject. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. LTV memo<br> 2. DSCR calculattion<br> 3. XXX month look back - Seller-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. Need short term rental information from XXX reflecting complete property address for a XXX month lookback to determine rental calculation. (XXX doc in file does not reflect correct address. If we can not determine short term rental information - 1007 using long term rental would need to be utilized for DSCR calculation). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX #XXX of the XXX shows the address (previously was not sent to you) - Seller-XXX<br> Ready for Review-Document Uploaded. 1. LTV memo<br> 2. DSCR calculattion<br> 3. XXX month look back - Seller-XXX | Resolved-Client provided XXX month XXX. DSCR calculation is greater than XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020425 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Client provided cover page from XXX which reflects subject address and XXX month look back. DSCR calculation is greater than XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. pahe #XXX of the lookback shows the address (previously was not sent to you) - Buyer-XXX<br> Counter-Received XXX XXX to XXX. XXX month look back does not reflect subject property address. Please provide complete earnings for subject. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. LTV memo<br> 2. DSCR calculattion<br> 3. XXX month look back - Seller-XXX<br> Open-Missing Third Party Market Rent Source Appraisal 1007 was not completed as a short term rental (as noted on DSCR application and 1008)<br> We need XXX month lookback period of rentals for subject (as XXX doc in file is not subject property address)<br> XXX% LTV reduction is required when using short term rental income to qualify.<br> Provide updated XXX information showing for subject to complete DSCR calculation. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1. LTV XXX<br> 2. DSCR calculattion<br> 3. XXX month look back - Seller-XXX | Resolved-Client provided cover page from XXX which reflects subject address and XXX month XXX. DSCR calculation is greater than XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020425 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Resolved-Received application with a date of XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. correct initial application - Seller-XXX<br> Counter-Received DSCR Business Purpose Loan app for another property. Please provide for subject reflecting application date of XXX- Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. the enclsoed initial application was in our initial loan upload and is dated XXX - Seller-XXX <br> Counter-Received XXX stating file start date as XXX. Missing confirmation of initial application as credit report is XXX and appraisal is XXX supporting an earlier application date less than XXX month. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. our file started XXX- Buyer-XXX<br> Open-Loan does not meet guideline requirements for loans listed for sale. Property was listed XXX and removed XXX. Must be removed from listed for at least XXX month before application date. Application date is XXX - not more than XXX month. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. correct initial application - Seller-XXX<br> Ready for Review-Document Uploaded. the enclsoed initial application was in our initial loan upload and is dated XXX - Seller-XXX | Resolved-Received application with a date of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020425 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Client provided XXX for Law Firm and attorney - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. settlement agent name showing on XXX search - Buyer-XXX<br> Counter-Received XXX for closing attorney firm. Missing XXX and XXX on settlement agent/closing attorney. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX for title agent - Seller-XXX <br> Open-All Interested Parties Not Checked with Exclusionary Lists Need XXX of XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX for title agent - Seller-XXX | Resolved-Client provided XXX for XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020284 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020383 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further review, the VOR in loan file is sufficient. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements VOR provided for primary residence through XXX. Missing VOR through XXX. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the VOR in loan file is sufficient. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented. XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020383 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculation worksheet. Loan approval and 1008 in file, neither contain DSCR calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented. XXX months required |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020370 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Security Deed w/Legal. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing legal description - Due Diligence Vendor-XXX |  | Resolved-Received Security Deed w/Legal. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, loan FICO XXX <br> Months Reserves exceed minimum required - Reserves Required of XXX Reserves verified XXX |  | XXX.pdf | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020317 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020304 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020470 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1.Please see the attached documentation, all of which was included in the initial loan submission.<br> • Bank Statements: Each account includes the XXX statement covering XXX through XXX, along with a transaction printout extending through XXX, providing more than XXX days of asset verification.<br> 2. Ownership Documentation: Operating agreements included in the file confirm the borrowers' ownership interest in the referenced entities.<br> 3. Per the applicable guideline, borrowers must have at least XXX% ownership of the XXX. When ownership is less than XXX%, an access letter from other owners is required, which has been provided. Additionally, per the guideline for Investor Cash Flow transactions, a CPA letter is not required<br> 4. • Access Letters: Please see the attached access letters, which were previously provided in the file. - Seller-XXX<br> Counter-Pending alternate asset finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached operating agreements and final assets statements included in initial submission. Total borrower funds verified is $XXX - Seller-XXX<br> Counter-Received rebuttal sufficient assets within file. Review received XXX statements with limited balances, negative ending balance and each in a different LLC. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We have over $XXX in verified assets in file across all XXX statements in file. - Buyer-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing satisfactory documentation evidencing sufficient funds to meet minimum reserve requirements of no less than XXX months property expenses; and source of funds reflected on final Closing Disclosure. Other findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1.Please see the attached documentation, all of which was included in the initial loan submission.<br> • Bank Statements: Each account includes the XXX statement covering XXX through XXX, along with a transaction printout extending through XXX, providing more than XXX days of asset verification.<br> 2. Ownership Documentation: Operating agreements included in the file confirm the borrowers' ownership interest in the referenced entities.<br> 3. Per the applicable guideline, borrowers must have at least XXX% ownership of the business entity. When ownership is less than XXX%, an access letter from other owners is required, which has been provided. Additionally, per the guideline for Investor Cash Flow transactions, a CPA letter is not required<br> 4. • Access Letters: Please see the attached access letters, which were previously provided in the file. - Seller-XXX<br> Ready for Review-Document Uploaded. Please see attached operating agreements and final assets statements included in initial submission. Total borrower funds verified is XXX - Seller-XXX | Resolved-Received additional assets. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020470 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $XXX | Resolved-Received asset documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1.Please see the attached documentation, all of which was included in the initial loan submission.<br> • Bank Statements: Each account includes the XXX statement covering XXX through XXX, along with a transaction printout extending through XXX, providing more than XXX days of asset verification.<br> 2. • Access Letters: Please see the attached access letters, which were previously provided in the file.<br> 3. Ownership Documentation: XXX included in the file confirm the borrowers' ownership interest in the referenced entities.<br> 4. Per the applicable guideline, borrowers must have at least XXX% ownership of the business entity. When ownership is less than XXX%, an access letter from other owners is required, which has been provided. Additionally, per the guideline for Investor Cash Flow transactions, a CPA letter is not required - Buyer-XXX<br> Counter-Received proof of proof of ownership for noted account with bank summaries that did not include XXX days. Review of guideline XXX- Assets- indicate- The use of business assets for self-employed borrowers for down payment, closing costs and reserves are allowed. The borrowers on the loan must have XXX% ownership of the business and must be the owners of the XXX. Access letters from the remaining owners of the business must be obtained as well. For non DSCR loans, a letter from a CPA, Third-Party Tax Preparer or borrower must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. If a CPA/Tax Preparer letter is not provided, a cash flow analysis of the business assets and liabilities (balance sheet) must be completed by the Seller to determine if the withdrawal of funds from the business is acceptable. If no balance sheet provided, XXX will accept a lender cash flow analysis of <br> XXX months business bank statements. Documentation showing XXX or XXX is acceptable to indicate XXX% ownership.--- Audit response- Missing Access letters, CPA letter (or alternative noted in guideline) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see attached XXX and final assets statements included in initial submission. Total borrower funds verified is $XXX - Buyer-XXX<br> Counter-Received rebuttal sufficient assets within file. Review received XXX statements with limited balances, negative ending balance and each in a different LLC. Original finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. We have over $XXX in verified assets in file across all XXX statements in file. - Buyer-XXX<br> Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing satisfactory documentation evidencing sufficient funds to meet minimum closing cost requirements; and source of funds reflected on final Closing Disclosure. Other findings may apply - Due Diligence Vendor-XXX |  | Resolved-Received asset documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020470 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit for DSCR qualified loan. Although Occupancy Affidavit/Statement was provided, this does not meet XXX criteria. - Due Diligence Vendor-XXX |  | Resolved-Received business purpose affidavit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020391 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Updated title commitment provided with correct coverage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). A review of the loan file reflects a title addendum updating the loan amount to $XXX is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Updated title commitment provided with correct coverage - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months employment required - c/b had XXX plus years verified at same employer<br> On time mortgage history exceeds guideline requirement - XXX required - borrower has XXX and XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020316 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020234 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Flood Certificate Missing Flood Cert - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020397 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020396 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within - XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX <br> Open-Additional valuation product is required. The desk review was performed on an appraisal with a value of $XXX, but the appraisal provided indicates a value of $XXX. Provide either the appraisal valued at $XXX or a desk review performed on the appraisal with the value of $XXX. It should be noted that the desk review value was $XXX and the CD had an appraisal value of $XXX. - Due Diligence Vendor-XXX |  | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - <br>Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020396 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing Appraisal | Resolved-XXX Full Appraisals – used Lower Appraised Value (Review Product XXX) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Desk review was performed on an appraisal with a value of $XXX, but the appraisal provided indicates a value of $XXX. Provide the appraisal valued at $XXX. - Due Diligence Vendor-XXX |  | Resolved-XXX – used Lower Appraised Value (Review Product XXX) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - <br>Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020416 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020221 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020395 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-After further review, file contained XXX review for all interested parties. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-XXX Not Completed - Due Diligence Vendor-XXX |  | Resolved-After further review, file contained XXX review for all interested parties. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020468 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-All items were addressed. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Final Loan Commitment with a value of $XXX provided. Please provide clarification as to why the Property was purchased as Vacant Land in XXX. The Subject is listed as under construction but built in XXX. Commentary needed to explain how it was Vacant land in XXX, under construction and built in XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Property Issues are identified for the property - Provide Subject Property Appraisal With Final Opinion of Value of $XXX as shown on loan commitment and used for Qualifying LTV. <br> - Per 1025 Appraisal in file the Property was purchased as Vacant Land in XXX. The Subject is listed as under construction but built in XXX. Commentary needed to explain how it was Vacant land in XXX, under construction and built in XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-All items were addressed. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves with XXX months minimum<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020468 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Missing | Resolved-Client provided XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing XXX. Revised documents provided with an updated homeowners premium. Please provide the updated XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Client provided XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves with XXX months minimum<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020468 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing XXX | Resolved-Upon further review, the loan file contained all required rider documentation. - Due Diligence Vendor-XXX<br> Ready for Review-Based on counter comments, I believe this condition should be cleared. Can you re-review? - Buyer-XXX<br> Counter-Upon further review, Security Instrument is Assignment of Rents. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX is missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required rider documentation. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves with XXX months minimum<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020468 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided (XXX) | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Condition status is open D grade as opposed to resolved. Can you please re-review? - Buyer-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Approval/Underwriting Summary Loan Approval and 1008 are missing from the loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves with XXX months minimum<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020373 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020179 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020426 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final Settlement Statment. - Due Diligence Vendor-XXX<br> Counter-Please provide the Final Closing Disclosure for compliance testing. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received settlement statement. Provide final signed or certified for review. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Final CD/Stlmnt - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Final Settlement Statment. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020351 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Borrower 1 XXX Credit Report was provided; credit inquiries were the initial credit. - Due Diligence Vendor XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-Received initial credit dated XXX and Undisclosed Debt Verification dated XXX, more than XXX days of closing. Note: UDV included inquiries after initial credit of XXX Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Report uploaded is Original Credit Report already in file. Please provide a XXX Credit Report within XXX days of closing for Borrower XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing File is missing a XXX Credit Report within XXX days of closing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower 1 XXX Credit Report was provided; credit inquiries were the initial credit. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020351 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Borrower XXX Credit Report was provided; credit inquiries were the initial credit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received initial credit dated XXX and Undisclosed Debt Verification dated XXX, more than XXX days of closing. Note: XXX included inquiries after initial credit of XXX. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Report uploaded is Original Credit Report already in file. Please provide a Gap Credit Report within 10 days of closing for Borrower 2 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Missing File is missing a XXX Credit Report within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Borrower XXX Credit Report was provided; credit inquiries were the initial credit. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020348 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Client provided CDA, Property Value is substantiated - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The XXX Value is unsubstantiated. Additional valuation product is required. Missing Secondary appraisal valuation from approved vendor to support appraised value of $XXX. XXX scores exceed maximum tolerance. - Due Diligence Vendor-XXX |  | Resolved-Client provided XXX, Property Value is substantiated - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020081 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020389 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received LOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-\*\*\* New\*\* Received XXX reflecting new inquiries since initial credit. LOX required for inquiries noted after XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020389 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX report with additional inquiries. New finding added. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. that date is of the original credit report and you are not looking in the correct spot. Please look at the bottom of the page to see the date the XXX was pulled, which is XXX, which is within XXX days of closing. Please clear and purchase ASAP - Buyer-XXX<br> Counter-Client provided Gap Credit dated XXX, this is not within XXX days of Note date. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX report with additional inquiries. New finding added. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020389 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received XXX report with additional inquiries. New finding added. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. that date is of the original credit report and you are not looking in the correct spot. Please look at the bottom of the page to see the date the XXX was pulled, which is XXX, which is within XXX days of closing. Please clear and purchase ASAP - Buyer-XXX<br> Counter-Client provided XXX Credit dated XXX, this is not within XXX days of Note date. Finding remains - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received XXX report with additional inquiries. New finding added. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020389 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No | XXX |
| 2026020398 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Received updated Final CD - Borrower receiving less than XXX% - < $XXX - Rate/Term. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Here is the signed one showing less than XXX<br> 2. Funding CD cash back is less than XXX - Buyer-XXX <br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Per CD loan is cash out-Cash to borrower is > XXX% of loan amount and > $XXX. (R/T per 1008). When property is owned for less than XXX months (Note to Note), a XXX% reduction to max LTV is required and the LTV/CLTV will be based on the lesser of the original purchase price plus improvements or current appraised value. - Due Diligence Vendor-XXX |  | Resolved-Received updated Final CD - Borrower receiving less than XXX% - < XXX- Rate/Term. Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months reserves documented, XXX months required<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020414 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020281 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Exception in file to allow the use of 1007 short term market rent instead of the XXX-month look-back. Lender notes: Applicant notes that they did not start renting the subject until XXX. Total rents XXX:$XXX = $XXX (DSCR XXX)$XXX= $XXX (DSCR .XXX. Also notes that rents have increased for XXX by $XXX per week - Due Diligence Vendor-XXX |  | Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | XXX FICO (XXX)<br> XXX DSCR (XXX)<br> XXX% LTV<br> XXX months reserves (XXX months) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes | XXX |
| 2026020400 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. LOX, CD's and COC's - Buyer-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----XXX (XXX%) tolerance fees increased by $XXX(discount points and appraisal fee) without a valid XXX in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX Year(s); Expiration Date: XXX - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Borrowers have XXX months mortgage history.<br> Months Reserves exceed minimum required - Borrowers have XXX months of documented reserves, minimum XXX months required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020302 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Right of Rescission is Missing | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - not required - Buyer-XXX<br> Open-Right of Rescission is Missing -----Provide the executed Right of Recission. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - Borrowers have XXX months mortgage history.<br> Months Reserves exceed minimum required - Borrowers have XXX months of documented reserves, minimum XXX months required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020187 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020301 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020218 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020424 |  | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received COC XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $XXX to $XXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020345 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020422 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020278 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020322 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Upon further review, the loan file contained all required business purpose documentation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cash out letter not required. Business purpose aff should suffice. - Buyer-XXX<br> Open-Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan file contained all required business purpose documentation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020322 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020366 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Rent Free Letter - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements The lender did not obtain if the primary residence of the borrower is owned free and clear or if there is a mortgage on the property. When evidence is obtained, additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received Rent Free Letter - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX Months reserves is required and the borrower has over XXX months verified. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020328 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Counter-Received Exhibit A. Please provide chain of documents to confirmed Exhibit A has been recorded with Deed of Trust. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to Mortgage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020328 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received Prepayment Addendum to Note - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Note that must be addressed. Missing Prepayment Addendum to Note. - Due Diligence Vendor-XXX |  | Resolved-Received Prepayment Addendum to Note - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020328 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | The Final SELLER CD/XXX is missing | Resolved-Received Seller CD and Payoff of Subject Property mortgage - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Counter-Received Seller Cd. Title appear to be cross collateral. Please provide payoff of subject. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Final SELLER CD/HUD is missing. Missing settlement statement for seller; XXX shows no fees to seller, receiving total gross sales price. <br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Seller CD and Payoff of Subject Property mortgage - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> DSCR % greater than XXX - Rule False DSCR: XXX Min XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020474 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX Missing | Resolved-Received current policy. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. flood - Buyer-XXX<br> Open-Missing XXX , document provided is old policy. Additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020474 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-After further review, the large deposit into XXX came from the XXX and the statement are in the loan file. - Due Diligence Vendor-XXX<br> Open-Missing documentation for large deposit into asset listing in section XXX. - Due Diligence Vendor-XXX |  | Resolved-After further review, the large deposit into XXX came from the XXX and the statement are in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020474 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-The inquiries are a result of this transaction except for XXX, which is listed on the XXX report. - Due Diligence Vendor-XXX<br> Open-LOX for credit inquiries is missing. LOX for credit inquiries is missing. - Due Diligence Vendor-XXX |  | Resolved-The inquiries are a result of this transaction except for XXX, which is listed on the XXX report. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020474 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-After further review, the paystub in the loan file. - Due Diligence Vendor-XXX<br> Open-Borrower 1 XXX Party VOE Prior to Close Missing - Due Diligence Vendor-XXX |  | Resolved-After further review, the paystub in the loan file. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020375 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Per fraud report - Appraiser "Possible" - NOT a match to appraiser on exclusionary list - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Full Fraud report. Please see attached. - Seller-XXX<br> Counter-Mavent report provided, please provide a Full Fraud Report with all interested parties checked against the exclusionary list. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Mavent result showing High Priced Alert cleared - Seller-XXX<br> Counter-Received Fraud report. Missing documentation to clear high alerts. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Full Fraud report. Please see attached. - Seller-XXX<br> Ready for Review-Document Uploaded. XXX result showing High Priced Alert cleared - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Per fraud report - Appraiser "Possible" - NOT a match to appraiser on exclusionary list - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020375 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received Perm Res Card front and back. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing copy of the back of B1 permanent resident card. - Due Diligence Vendor-XXX |  | Resolved-Received **XXX** front and back. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020375 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within - XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Secondary value not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020393 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received UW attestation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Warrantability Documentation. - Due Diligence Vendor-XXX |  | Resolved-Received UW attestation. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - LTV = XXX% - Max LTV = XXX% Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020337 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description attached to mortgage - Due Diligence Vendor-XXX |  | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020371 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020354 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received all pages of final 1003. Finding Resolved. - Due Diligence Vendor-XXX<br> Open-The Final 1003 is Incomplete Final Loan application missing page XXX, and XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX of final 1003. Finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Thr borrower XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020354 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Note Document | Resolved-Received fully executed Note. finding Resolved. - Due Diligence Vendor-XXX<br> Open-The Note is Incomplete Full complete fully executed copy of Note missing, document provided is partial and missing pages. - Due Diligence Vendor-XXX |  | Resolved-Received fully executed Note. finding Resolved. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Thr borrower XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020354 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received XXX Formation Documents - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The XXX Formation Document is Missing. Missing corporate documents, including, but not limited to XXX, XXX, Formation, Department of Corporations Active/Good Standing, Borrowing Certification, EIN for the following business: XXX. Other findings may apply upon review of missing documents. - Due Diligence Vendor-XXX |  | Resolved-Received Business Entity Formation Documents - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Guidelines require XXX months reserves. Thr borrower XXX months of reserves.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020241 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | XXX Document is Missing | Resolved-Received CPM on alternate finding. - Due Diligence Vendor-XXX<br> Counter-Received CPM on alternate finding. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Project, HOA. - Buyer-XXX<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX on alternate finding. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX, minimum required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020241 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Project Warrantable is Unable to Determine | Resolved-The Condo Project Warrantability is Unable to Determine. Received CPM - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Project, HOA.<br> 2. CPM. - Buyer-XXX<br> Open-The XXX Project Warrantability is Unable to Determine. Lender's 1008 notes: "CPM Approved Project Condo Project Warranted!" However, the file contains an exception to allow >XXX% deductible on common elements (XXX max is XXX%). Documentation of CPM Approval not seen in loan file and the condo questionnaire was not provided. - Due Diligence Vendor-XXX |  | Resolved-The XXX Project Warrantability is Unable to Determine. Received XXX - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX, minimum required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020241 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX<br> Open-Lender exception to allow maximum deductible amount for XXX covering the common elements to be greater than XXX%. Lender noted the deductible was XXX%. - Due Diligence Vendor-XXX |  | Waived-Investor waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | DSCR % greater than XXX - DSCR is XXX, minimum required is XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | Program Min FICO: XXX; Qualifying FICO: XXX<br> Program Min DSCR: XXX; Qualifying DSCR: XXX<br> Program Max LTV: XXX; Qualifying LTV: XXX<br> Program Min Reserves: XXX; qualifying reserves: XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020323 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Client Waiver applied to Non-Material Finding with Comp Factors. Relevant Guideline: properties listed for sale must be taken off the market XXX days prior to application. Exception Request: property was taken off the markt Waived-Client Waiver applied to Non-Material Finding with Comp Factors. Relevant Guideline: properties listed for sale must be taken off the market XXX days prior to application. Exception Request: property was taken off the markt Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX XXX FICO<br> XXX DSCR<br> XXX% LTV<br> XXX months of reserves XXX.pdf<br> XXX.pdf ATR/QM: Exempt ATR/QM: Exempt XXX XXX XXX XXX XXX Investor Post-Close No XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020323 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received Complete XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX. - Buyer-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Lender to provide a copy of the complete XXX. Additional conditions may apply, pending review. - Due Diligence Vendor-XXX |  | Resolved-Received Complete XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020323 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Legal Description.<br> 2. Deed with Legal Description. - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-XXX |  | Resolved-There are no issues present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020427 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020381 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020382 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Personal Tax Returns Less Than XXX Months Provided | Resolved-Upon further review, the most recent tax return is required for rental income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. is it possible to waive that last condition? - Buyer-XXX<br> Open-Borrower 1 Personal Tax Returns Less Than XXX Months Provided Missing XXX federal tax return. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the most recent tax return is required for rental income. - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - Borrower has XXX months reserves, XXX months required. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020459 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Received XXX XXX for XXX – XXX. Leases total $XXX per Month - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Borrower 1 Lease Agreements Missing Lender to provide lease documentation for XXX supporting gross rental income of $XXX per month as reflected on the final loan application. Lease in file evidences only $XXX per month. Audit utilized the higher rental income from the loan application. If lease documentation supporting $XXX of rental income per month cannot be provided, lease income will default to $XXX and additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX Lease Agreements for XXX – XXX . Leases total XXX per Month - Due Diligence Vendor-XXX | On time mortgage history exceeds guideline requirement - XXX<br> Months Reserves exceed minimum required - Borrower has XXX months reserves, XXX months required. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020469 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Updated 1008 and 1003 provided utilizing business funds. Assets are sufficient. - Due Diligence Vendor-XXX<br> Counter-Received 1008 and 1003. finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Finding remains. Document receipt of funds from XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Asset does not meet guidelines. XXX being used to cover closing costs and no evidence of liquidation/receipt from insurance company in file. - Due Diligence Vendor-XXX |  | Resolved-Updated 1008 and 1003 provided utilizing XXX. Assets are sufficient. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020469 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Updated 1008 and 1003 provided utilizing business funds. Assets are sufficient. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Finding remains. Document the borrower's receipt of the funds from theXXX by obtaining either a copy of the check from the insurer or a copy of the payout statement issued by the insurer to cover cash to close totaling $XXX. Additional conditions may apply. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Per XXX guidelines, lender must document the borrower's receipt of the funds from the XXX by obtaining either a copy of the check from the insurer or a copy of the payout statement issued by the insurer to cover cash to close totaling $XXX. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Updated 1008 and 1003 provided utilizing business funds. Assets are sufficient. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020497 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020573 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020496 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept gap credit as provided (XXX days old). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Counter-XXX credit report provided XXX days after the note date; guidelines allow up to XXX days after the note date. - Due Diligence Vendor-XXX<br> Open-Borrower 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor waiver - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept XXX credit as provided (XXX days old). - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - Borrower own/lives at primary for XXX years | Excessive reserves (XXX months)<br> strong fico (XXX)<br> low LTV (XXX%). | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020496 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept gap credit as provided (XXX days old). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Counter-XXX credit report provided XXX days after the note date; guidelines allow up to XXX days after the note date. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Refresh credit report for borrower XXX - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investor waiver - Seller-XXX<br> Ready for Review-Document Uploaded. Refresh credit report for borrower 1 & 2 - Seller-XXX | Waived-Client waiver applied to non-material finding with compensating factors. Exception to accept XXX credit as provided (XXX days old). - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - Borrower own/lives at primary for XXX years | Excessive reserves (XXX months)<br> strong fico (XXX)<br> low LTV (XXX%). | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020496 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Appraiser Independence Certificate was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Appraisal completed No XXX. All appraisals must be ordered through an XXX. No blanket waiver or exception approval in loan file. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Appraiser XXX Certificate was provided. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - Borrower own/lives at primary for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020496 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received tax cert for XXX- NOT in Borrower name. Removed from DTI. Updated DU received in stips - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-XXX tax cert not provided - Due Diligence Vendor-XXX |  | Resolved-Received tax cert for XXX - NOT in Borrower name. Removed from DTI. Updated XXX received in XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - Borrower own/lives at primary for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020496 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Tax Returns Missing | Resolved-Borrower 1 Business Tax Returns Provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 Business Tax Returns Missing XXX XXX not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower 1 XXX Provided - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Min XXX, actual XXX<br> Long term residence - Borrower own/lives at primary for XXX years |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020341 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020485 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within - XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached XXX<br> - Buyer-XXX<br> Open-XXX Confidence Score < XXX. XXX Confidence Score = XXX. Please provide acceptable Secondary Valuation Product. - Due Diligence Vendor-XXX |  | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Long term residence - XXX years continuing rental |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020485 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Property | Loan does not meet XXX transaction requirements | Resolved-Upon further review, loan meets investors flip criteria. Loan is NOT a HPML Loan - XXX is not required. - Due Diligence Vendor-XXX <br> Open-Loan and does not meet the Flip Transaction requirement and a full XXX is required. Loan does not meet the Flip Transaction requirement and a full XXX is required. Greater than XXX% increase in sales price if seller acquired the property in <br> the past XXX days - Due Diligence Vendor-XXX |  | Resolved-Upon further review, loan meets XXX. Loan is NOT a XXX - XXX is not required. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Long term residence - XXX years continuing rental |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020268 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR worksheet uploaded - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Reserves: XXX Min XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020465 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Rec'd 1003 with ULI. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Signed 1003 with XXX<br> - Buyer-XXX<br> Open-The Final 1003 is Incomplete Missing required XXX - Due Diligence Vendor-XXX |  | Resolved-Rec'd 1003 with XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020465 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Color appraisal was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Color Appraisal - Buyer-XXX<br> Open-Provide original color pictures of subject property - Due Diligence Vendor-XXX |  | Resolved-XXX was provided. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020510 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower owns more financed properties than allowed per guidelines | Waived-Guidelines state XXX exposure may not exceed $XXX or XXX loans aggregate to any one borrower. Borrower has XXX loans with XXX. Approved exception in file. Non-material based on comp factors. - Due Diligence Vendor-XXX<br> Open-Guidelines state XXX exposure may not exceed $XXX or XXX loans aggregate to any one borrower. Borrower has XXX loans with XXX. Approved exception in file. - Due Diligence Vendor-XXX |  | Waived-Guidelines state XXX exposure may not exceed XXX or XXX aggregate to any XXX borrower. Borrower has XXX loans with XXX. Approved exception in file. Non-material based on comp factors. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Borrower has credit history dating back to XXX with no late payments.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020510 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History was provided with rent free letter, Note in spouse's name (mortgage statement, Note, and property profile report). - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Need most recent XXX month mortgage history for primary property (as history was provided for XXX/XXX only). - Due Diligence Vendor-XXX |  | Resolved-Housing History was provided with rent free letter, Note in XXX name (mortgage statement, Note, and property profile report). - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Borrower has credit history dating back to XXX with no late payments.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020510 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing First Payment Letter | Resolved-Received XXX Payment Letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Missing First payment letter. Missing first payment letter to verify it payment includes taxes and HOI. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX Payment Letter. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Borrower has credit history dating back to XXX with no late payments.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020510 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Final settlement statement not found in file. - Due Diligence Vendor-XXX |  | Resolved-Received Final Settlement Statement. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - Borrower has credit history dating back to XXX with no late payments.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020349 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Disclosure | XXX Not Provided Within XXX Days of Application Date | Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX |  | Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020482 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020478 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received LOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-1003 - Property XXX - Please provide letter from borrower confirming there is no hazard insurance on this property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020478 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 CPA Letter Missing | Resolved-received XXX - Borrower XXX is XXX% Owner - per XXX the company is ACTIVE - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Counter-XXX effective XXX and the XXX, dated XXX, were provided, which did not reflect the borrower as an owner. Additionally, documentation showing the business is currently active and in good standing was not provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 2 CPA Letter Missing Lender to provide evidence of self-employment via CPA Letter, current business license, or business entity documentation to verify the borrower's ownership percentage and document the business is currently active and in good standing. (The loan file contains only a copy of the XXX reinstatement from XXX and a self-completed Business Narrative). - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-received XXX Agreement - Borrower XXX is XXX% Owner - per XXX the XXX is XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020478 | XXX | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Points & Fees | XXX Undiscounted Rate Validation Test | Resolved-Provided updated XXX. Finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-This loan failed the federal undiscounted rate validation test.The loan charges a bona fide discount fee without any reduction of the interest rate from the undiscounted rate. The interest rate should be less than the undiscounted rate if a bona fide loan discount fee is charged. Missing value of undiscounted rate or starting adjusted rate. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Provided updated XXX. Finding resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020471 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Less Than XXX Months Verified | Resolved-Asset XXX was not utilized for reserves; only to source large deposit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Rebuttal XXX. We shouldn't need XXX days worth of statements for assets not used on the 1003. The XXX is not on the 1003 and was only in the file to source large deposit - Buyer-XXX<br> Open-Asset XXX Less Than XXX Months Verified Assets must be seasoned for XXX days. Please provide additional month for asset XXX - Due Diligence Vendor-XXX |  | Resolved-Asset XXX was not utilized for reserves; only to source large deposit. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020520 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Business Purpose #XXX covers Cashout - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CASH OUT LETTERS ARE NOT REQUIRED FOR DSCR LOANS. - Buyer-XXX <br> Open-Missing Cash-out Letter on a Business Purpose Loan. Missing Cash-out Letter on a Business Purpose Loan. - Due Diligence Vendor-XXX |  | Resolved-Business Purpose #XXX covers Cashout - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020498 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-The Guaranty Agreement Doc is Present or Not Applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Guaranty Agreement fully executed since loan closed in name of Entity. - Due Diligence Vendor-XXX |  | Resolved-The XXX Doc is Present or Not Applicable. - Due Diligence Vendor-XXX | DSCR % greater than XXX - Min XXX, Actual XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020374 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020457 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020578 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received the Business Purpose Affidavit - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Updated Business Purpose Affidavit - Buyer-XXX<br> Counter-Client provided XXX Affidavit however it is checked that funds will be used for personal use - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-XXX |  | Resolved-Received the Business Purpose Affidavit - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months.<br> Credit history exceeds minimum required - Credit history > XXX months. XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020578 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | XXX coverage is not sufficient | Resolved-This condition is resolved or not applicable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. See attached: Insurance Coverage is sufficient as the dwelling coverage on the policy matches the cost new on the appraisal. - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-XXX |  | Resolved-This condition is resolved or not applicable. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves required, borrower has XXX months.<br> Credit history exceeds minimum required - Credit history > XXX months. XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020476 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020464 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Received final CD, appraisal and 1007 confirming new purchase utilizing market rents. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1. Final CD for property XXX, XXX , confirming it was just purchased on XXX<br> 2. Appraisal report for XXX confirming the property was not rented when the borrower purchased it, and including appraisal form 1007 supporting the market rents used for qualifying - Buyer-XXX<br> Open-Borrower 1 Lease Agreements Missing For property XXX, provide a copy of the executed lease along with verification of the security deposit and evidence that first month's rent has been deposited into the borrower's account - Due Diligence Vendor-XXX |  | Resolved-Received final CD, appraisal and 1007 confirming new purchase utilizing market rents. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - XXX months required , XXX verified.<br> Additional verified income not used to qualify - Borrower has additional bonus income that was not used. Most conservative average was used. |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020464 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Provide XXX report or XXX within XXX days of closing - Due Diligence Vendor-XXX |  | Resolved-Received UDM. - Due Diligence Vendor-XXX | Credit history exceeds minimum required - XXX months required , XXX verified.<br> Additional verified income not used to qualify - Borrower has additional bonus income that was not used. Most conservative average was used. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020508 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020472 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further review, the loan was paid current up to the application date as required for non-subject non-primary properties - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. n/a per guidelines - Buyer-XXX<br> Counter-VOR for primary provided; however, provided updated most recent XXX month history for property XXX on the 1003, the credit report reflects last active date of XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Provide a satisfactory XXX month mortgage history. The credit report reflects last active date of XXX. Provided updated most recent XXX month history. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Upon further review, the loan was paid current up to the application date as required for non-subject non-primary properties - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020472 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure is Present or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose disclosure required. Subject closed as a DSCR - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure is Present or Not Applicable - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020494 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Missing Disclosure - XXX Borrower Identification Form | Resolved-Received Executed Patriot Act Form - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing Disclosure - Patriot Act Borrower Identification Form. - Due Diligence Vendor-XXX |  | Resolved-Received Executed Patriot Act Form - Due Diligence Vendor-XXX | DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020481 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing Appraisal photos | Open-Missing appraisal with photos - Due Diligence Vendor-XXX <br> Resolved-Received appraisal with photos - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. photos in file - Buyer-XXX |  | Resolved-Received appraisal with photos - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020493 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020479 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Missing | Resolved-REceived XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX attached - Seller-XXX<br> Open-Borrower 1 XXX Missing Missing XXX. XXX cert requires most recent year XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX attached - Seller-XXX | Resolved-REceived XXX - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX property was sold in 1031 exchange - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Provide evidence that property listed on XXX Schedule E property "A" has been sold, this property is not listed on the XXX. Additional findings may apply. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX was sold in XXX - Seller-XXX | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX |  | Resolved-Received UDM - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Expired | Resolved-Asset XXX Not Expired Or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Assets updated to remove XXX as we had sufficient assets without that account<br> - Seller-XXX<br> Open-Asset XXX Expired. Provide updated XXX statement - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Assets updated to remove XXX as we had sufficient assets without that account<br> - Seller-XXX | Resolved-Asset XXX Not Expired Or Not Applicable - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Asset Record XXX Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1031 exchange docs - Buyer-XXX<br> Open-Asset Record XXX Does Not Meet G/L Requirements Provide documentation for 1031 exchange. 1008 indicates 1031 exchange funds not being received by closing, signed CD dated XXX shows 1031 exchange. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Asset Record XXX Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020491 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Received Commitment - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Title Document is missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Commitment - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - XXX months reserves exceeds max of XXX required.<br>Qualifying DTI below maximum allowed - XXX% DTI is below minimum of XXX%. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed XXX Status is acceptable. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Pending resolution of income findings. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Counter-Pending receipt of XXX business bank statement for recalculation of income. - Due Diligence Vendor-XXX<br> Ready for Review-Docs uploaded to income conditions for review - Seller-XXX<br> Counter-Pending income verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see email from UW - Buyer-XXX<br> Counter-Pending Resolution of Income - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fell Letter - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing documentation to support the usage of the full XXX% of the qualifying XXX and XXX. Per the XXX letter an XXX (XXX) owns XXX% of XXX and XXX however our borrower XXX only owns XXX% of XXX which would in turn only entitle our borrower to XXX% of the XXX and XXX income. Using this amount would raise DTI to over XXX%. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Ready for Review-Docs uploaded to income conditions for review - Seller-XXX | Resolved-The Final Reviewed XXX is acceptable. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower XXX CPA Letter Missing | Resolved-Changing the ownership to XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-The XXX statement was provided and the income was updated to XXX; the DTI is at XXX% (Income of XXX; Primary of XXX; XXX loss of XXX; Consumer debts of XXX). - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. XXX - Buyer-XXX<br> Counter-Received revised income worksheet utilizing XXX and review is missing business statement for XXX. Upon review, recalc of income required. Current dti is XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Counter-Counter on XXX should read Changing the ownership to XXX% results in a monthly Income of XXX, Subjects PITIA XXX, XXX in XXX loss and XXX Consumer debts = XXX% DTI. Please note, XXX XXX has been removed from the DTI calculation. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Counter-Received Supplement, email and XXX. Supplement indicate paid to XXX, but does not indicate closed. Missing proof of sale to document borrower no longer hold ownership in property. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Please see email from XXX - Buyer-XXX<br> Counter-Changing the ownership to XXX% results in a monthly Income of XXX, Subjects PITIA XXX,XXX in XXX loss and XXX Consumer debts = XXX% DTI. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Fell Letter - Seller-XXX<br> Open-Borrower 2 CPA Letter Missing Missing documentation to support the usage of the full XXX% of the qualifying XXX and XXX. Per the CPA letter an XXX (XXX) owns XXX% of XXX and XXX however our borrower XXX only owns XXX% of XXX which would in turn only entitle our borrower to XXX% of the XXX and XXX income. Using this amount would raise DTI to over XXX%. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Docs - Seller-XXX<br> Ready for Review-Document Uploaded. Fell Letter - Seller-XXX | Resolved-Changing the ownership to XXX% - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Document Uploaded. Client exception granted to allow a DTI is at XXX% with the max of XXX%. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX <br> Open-The XXX statement was provided and the income was updated to XXX; the DTI is at XXX% (Income of XXX; Primary of XXX; XXX loss of XXX; Consumer debts of XXX). - Due Diligence Vendor-XXX |  | Waived-Document Uploaded. Client exception granted to allow a DTI is at XXX% with the max of XXX%. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX | XXX FICO with XXX min<br> XXX residual income with XXX min<br> XXX months reserves with XXX months min | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received initial 1003's signed by the originator on XXX. - Due Diligence Vendor-XXX<br> Counter-Received application dated day before Note date XXX with no income noted for borrowers. Finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. initial 1003 - Buyer-XXX<br> Counter-Received 1003 reflecting income for XXX. Received 1003 reflecting additional individual. Missing initial 1003 - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. supporting docs - Buyer-XXX <br> Open-1. Missing the initial 1003, the application we have is dated the same day of closing.<br> 2. 1003 in file shows Todd as the income earner however XXX is the only XXX listed on the CPA letter as a business owner. - Due Diligence Vendor-XXX |  | Resolved-Received initial 1003's signed by the originator on XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-The Initial 1003 is Missing Missing initial 1003<br> - Due Diligence Vendor-XXX |  | Resolved-The Initial 1003 is Present, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX XXX statment showing sufficient funds<br> 2. Borrower sold XXX of their XXX at XXX. - Buyer-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX |  | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than XXX | Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. 1. XXX XXX statment showing sufficient funds<br> 2. Borrower sold one of their XXX at XXX. - Seller-XXX<br> Open-Total Qualified Assets Post-Close amount is 'XXX. Assets are Insufficient. The lender used a balance of $XXX for account ending XXX thru XXX. However, the loan file also contains an additional statement for the same account ending XXX with an ending balance of XXX. The loan file is short the required assets for closing and the required reserves. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. 1. XXX XXX statment showing sufficient funds<br> 2. Borrower sold one of their homes at XXX XXX. - Seller-XXX | Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020511 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-Received 1008 - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX<br> Open-Approval/Underwriting Summary Not Provided. A Loan Approval and a 1008 are missing from the loan file. - Due Diligence Vendor-XXX |  | Resolved-Received 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020576 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020587 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Fraud report with all alerts cleared. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated DRIVE Report. - Buyer-XXX<br> Open-Fraud Report Shows Uncleared Alerts Please provide updated Fraud Report with all high alerts to be cleared. - Due Diligence Vendor-XXX |  | Resolved-Received Fraud report with all alerts cleared. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Needs XXX months, has XXX months of reserves. |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020582 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 CPA Letter Missing CPA letter does not indicate the percentage of the business owned by the borrower. Additionally, the preparer of the letter did not indicate whether he is a CPA or tax preparer. Additional findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received XXX letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020582 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present, finding resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003 - Buyer-XXX<br> Open-The Initial 1003 is Missing -----Provide copy of initial 1003. - Due Diligence Vendor-XXX |  | Resolved-The Initial 1003 is Present, finding resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020501 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020509 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Right to Rescind | XXX | Resolved-Received XXX XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX & XXX Confirming closing, funding, disbursement dates<br> 2. Email support of XXX & XXX Confirming closing, funding, disbursement dates - Buyer-XXX <br> Open-This loan failed the TILA right of rescission test.Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the XXX following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -------- The Cancel of Date on the Right to Cancel doc is XXX and is less than XXX days from the closing date of XXX. XXX days of Rescission was not provided to borrower. Provide evidence that rescission was re-opened for a full XXX days. - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020509 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received XXX XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX & XXX Confirming closing, funding, disbursement dates<br> 2. Email support of XXX & XXX Confirming closing, funding, disbursement dates - Buyer-XXX<br> Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). (12 CFR §1026.19(f)(2)(i))The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXX" or "XXX" or blank, and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. --------CD XXX is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020467 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020502 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received revised commitment with sufficient coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). XXX is for XXX - Due Diligence Vendor-XXX |  | Resolved-Received revised commitment with sufficient coverage. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Months reserves required is XXX; qualifying reserves is XXX months.<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020522 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020484 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received XXX and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Coverage amount on the policy (XXX) is greater than the amount of the replacement cost (XXX). <br>Attached is the policy and the XXX in the file. - Buyer-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. The XXX for the subject property has coverage of only XXX and replacement coverage of only XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020535 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-Received appraisal and upon further review no additional documentation required. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. documentation provided for DSCR ratio. The subject plus XXX 1007 puts markent rent at $XXX if applicable - Buyer-XXX<br> Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. XXX does not meet guidelines. Audit used market rent for calculation. Although a lease was provided for $XXX/mo that would still leave the DSCR calculation of XXX still not meeting minimum Lender calculation reflects a Gross Rental amount of $XXX which is not supported by lease of a XXX or market value. Exception not found, other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Received appraisal and upon further review no additional documentation required. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Rule False LTV: XXX% Max XXX% |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020535 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title provided with the XXX-month chain. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Title with XXX month chain of title - Buyer-XXX<br> Open-Title Document is missing Missing Preliminary Title Report, Title Commitment, with all schedules and searches, including but not limited to XXX. Other findings may apply. - Due Diligence Vendor-XXX |  | Resolved-Title provided with the XXX-month XXX. - Due Diligence Vendor-XXX | Months Reserves exceed minimum required - Reserves: XXX Min XXX <br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Rule False LTV: XXX% Max XXX% |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020454 | XXX | XXX C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | XXX Check Not Completed and/or Cleared | Resolved-XXX Check Completed and Cleared - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Page XXX of the fraud report shows XXX search for XXX<br> - Buyer-XXX <br> Open-XXX Check Not Completed and/or Cleared Non Borrowing spouse (XXX) to be cleared through XXX and XXX. - Due Diligence Vendor-XXX |  | Resolved-XXX Check Completed and Cleared - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020513 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Explanation of documented housing history. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. XXX lists the mortgages and history. Over XXX ++ months rated.<br> 2. Prior mortgage with XXX/XXX #XXX reporting for XXX months.<br> - Buyer-XXX<br> Counter-Received Credit report and XXX. Credit report only reflected an XXX month review. Guideline require XXX month housing history to be documented. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1. Mortgages on Credit Report.<br> 2. Underwriter Notes regarding Mortgage History. - Buyer-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Loan file is absent XXX month housing history. - Due Diligence Vendor-XXX |  | Resolved-Received Explanation of documented housing history. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020537 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received Initial 1003. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. 1003i<br> - Buyer-XXX <br> Open-The Initial 1003 is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received Initial 1003. Finding Resolved. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received confirmation not considering assets held in income based business. Received Certificate of Formation for additional business account confirming borrowers ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Attached is the Certificate of Formation for proof of business ownership.<br> We are not using any income from this business. - Seller-XXX<br> Counter-Received duplicate confirmation of ownership in business from CPA. Missing confirmation no negative impact on use of business funds. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Asset Qualification Does Not Meet Guideline Requirements Asset XXX in the name of business. No documentation provided to support borrower ownership of business reflected on statement. Need evidence of ownership of this business in order to use asset in qualifying. For non DSCR loans, a letter from a CPA, Third-Party Tax Preparer or borrower must be<br> obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Attached is the Certificate of Formation for proof of business ownership.<br> We are not using any income from this business. - Seller-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received confirmation not considering assets held in income based business. Received Certificate of Formation for additional business account confirming borrowers ownership. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit report and VOM's. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX<br> Open-Housing History Does Not Meet Guideline Requirements Credit report is missing, so no evidence of housing history provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Documents - Seller-XXX | Resolved-Received credit report and XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Borrower 1 Credit Report received - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 Credit Report is Missing. Missing Credit Report. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Borrower 1 Credit Report received - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received credit refresh. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Refresh - Buyer-XXX<br> Counter-Received Credit supplement dated XXX, which is more than XXX days of Note date. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit supp for XXX credit condition - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit Report. - Due Diligence Vendor-XXX |  | Resolved-Received credit refresh. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received PITIA validation and lease agreements for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit - Buyer-XXX<br> Counter-Pending resolution of other credit findings - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Docs<br> - Seller-XXX<br> Counter-Pending resolution of other credit findings. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a XXX. Status is pending due to missing the following:<br> 1. Credit Report (in order to verify credit and housing history)<br> 2. Housing History<br> 3. Evidence of PITIA on all REO's reflected on Final 1003. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX<br> - Seller-XXX | Resolved-Received PITIA validation and lease agreements for XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA validation and lease agreements for XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit - Buyer-XXX<br> Counter-Received Rental income XXX, PITI for XXX, XXX, and XXX. Missing confirmation of HOA for XXX and Rental income for 3b. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX Docs<br> - Buyer-XXX<br> Counter-Received PITIA for XXX and for XXX, please provide evidence of rental income for these XXX. Please provide PITIA for Lancaster and XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Open-Missing evidence of PITIA on all REO's reflected on Final 1003, as well as evidence of rental income on REO XXX and XXX. - Due Diligence Vendor-XXX |  | Resolved-Received PITIA validation and lease agreements for XXX - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | File does not contain XXX for credit inquiries | Resolved-Received revised new XXX confirming no new or renewal auto lease obtained. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Counter-Received XXX that indicate XXX inquiry was a lease renewal. XXX lease not reflected on credit report. Borrower to document debts noted as opened to confirm if on personal credit. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Credit XXX<br> - Seller-XXX<br> Open-LOX for credit inquiries is missing. \*New\* Missing XXX for the credit inquiries. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Credit XXX<br> - Seller-XXX | Resolved-Received revised new XXX confirming no new or renewal XXX lease obtained. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. CPA Docs<br> - Seller-XXX<br> Open-Borrower 1 CPA Letter Missing Borrowers must have at least XXX% ownership of the business. The lender must verify the borrower's percentage of ownership. Acceptable forms of documentation include a business license, a signed written statement from a CPA or a Third-Party Tax Preparer (PTIN and XXX tax preparers that work for a 3rd party firm may be permitted), an Operating Agreement, Articles of XXX of Organization, a Partnership Agreement, or a Business Certificate filed with a XXX. Documentation showing sole member entity or sole proprietor is acceptable to indicate XXX% ownership. No documentation provided to support this requirement. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. CPA Docs<br> - Seller-XXX | Resolved-Received CPA letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than XXX Months | Resolved-Received XXX+ months of employment verification. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-Borrower 1 Total Years Employment Verified is Less Than XXX Months No documentation in file to support minimum XXX month employment history. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received XXX months of employment verification. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received bank statement worksheet. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing The Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received bank statement worksheet. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. VOE<br> - Seller-XXX<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX<br> - Seller-XXX | Resolved-Received XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020577 | XXX | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Value | Primary Property Value is not Substantiated | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within - XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. CU/LCA > XXX. XXX is required, per guides. - Due Diligence Vendor-XXX |  | Resolved-Primary Property Value is substantiated, either by the presence of an additional valuation within XXX% variance to the Primary, or, if no additional valuations are present, the CU or LCA Score is equal to or less than XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020525 | XXX | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020504 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received UDN - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit Report within XXX days of closing. - Due Diligence Vendor-XXX |  | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020504 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Waived to non-material with comp factors. - Due Diligence Vendor-XXX <br> Open-Housing History Does Not Meet Guideline Requirements EXCEPTION for borrower paying rent in cash - receipts in file for most recent XXX months. - Due Diligence Vendor-XXX |  | Waived-Waived to non-material with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX | Credit Score XXX, DTI XXX%, Employment Stability XXX years, Reserves XXX months, Residual income $XXX, Credit History Good. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020536 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received email from client - loan UW to XXX guides - not XXX. Per XXX guides - copy of the lease is not required if the appraiser lists the rent amount for the subject on Form 1007/1025. - Due Diligence Vendor-XXX<br> Counter-Loan was submitted using XXX Guidelines and XXX Matrix. Per the Lock the program is XXX DSCR. Finding remains. - Due Diligence Vendor-XXX <br> Ready for Review-Hello - Please escalate to clear. Per XXX response not required by XXX. Per XXX 1008 UW loan to XXX-CORE INVESTOR DSCR guidelines. Not star series. Finding not applicable. - Seller-XXX <br> Counter-Received rebuttal not required by XXX. Star Series guidelines follow XXX guidelines. Please provide leases meeting XXX guidelines. - Due Diligence Vendor-XXX<br> Ready for Review-per XXX guidelines, Copy of lease is not required if the appraiser lists the rent amount for the subject on XXX5 - Seller-XXX<br> Open-Per guideline XXX, a copy of the current lease is required. The subject is a refinance of a XXX unit property and the lease agreements are missing. - Due Diligence Vendor-XXX | Ready for Review-Hello - Please escalate to clear. Per XXX response not required by XXX. Per XXX 1008 UW loan to XXX-CORE INVESTOR DSCR guidelines. Not XXX. Finding not applicable. - Seller-XXX<br> Ready for Review-per eResi guidelines, Copy of lease is not required if the appraiser lists the rent amount for the subject on XXX - Seller-XXX | Resolved-Received email from client - loan XXX to XXX guides - not XXX. Per XXX guides - copy of the lease is not required if the appraiser lists the rent amount for the subject on Form 1007/1025. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020536 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received confirmation borrower no longer owns XXX. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. borrower no longer owns….see attached profile - Seller-XXX <br> Open-Per guideline XXX, the REO section should list all properties owned, and any XXX should be properly listed with their associated property. The fraud report reflects an additional property owned by the borrower that is not listed in the REO section of the 1003. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. borrower no longer owns….see attached profile - Seller-XXX | Resolved-Received confirmation borrower no longer owns XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020536 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved-Experienced investor validated and noted on 1008 - Due Diligence Vendor-XXX<br> Ready for Review-eResi does not require an XXX—we have documentation to support landlord experience. Can you please waive - Seller-XXX <br> Open-Per guidelines XXX, the file should contain a brief letter detailing the relevant property management experience. The XXX is missing from the file. - Due Diligence Vendor-XXX | Ready for Review-eResi does not require an XXX—we have documentation to support XXX. Can you please waive - Seller-XXX | Resolved-Experienced investor validated and noted on 1008 - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020536 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received XXX reflecting Mortgagee. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. please see attached - Seller-XXX<br> Open-XXX (Or XXX if Subject Property is a XXX) is only Partially Provided Evidence of property insurance still reflects XXX with XXX. As this XXX lien was paid with proceeds at closing, mtg to be removed from XXX. Only interested party should reflect new XXX Mortgage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. please see attached - Seller-XXX | Resolved-Received XXX reflecting Mortgagee. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> DSCR =/> XXX and minimum is XXX or Less - Required is XXX Borrower has XXX Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020486 | XXX | D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR WORKSHEET - Buyer-XXX<br> Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX |  | Resolved-Received DSCR Calculation - Due Diligence Vendor-XXX | LTV is less than guideline maximum - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020531 |  | XXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020589 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Client provided a waiver Leases are required to be no less than twelve (XXX) months but may convert to month-to-month upon expiration, applied to non material finding with comp factors. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Documents - Buyer-XXX<br> Counter-Received snip of appraisal indicating a lease in place dated XXX. Document in file document month to month. Guideline require a lease for at lease XXX months before converting to month to month. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Initial lease provided is a month-to-month. Updated lease/rent amount dated XXX also reflects monthly tenancy. Leases are required to be no less than twelve (XXX) months but may convert to month-to-month upon expiration. - Due Diligence Vendor-XXX |  | Waived-Client provided a waiver Leases are required to be no less than XXX (XXX) months but may convert to month-to-month upon expiration, applied to non material finding with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | LLPA hit of .XXX <br> Credit Score: XXX pts above min Reserves (months): XXX months above min<br> Employment Stability XXX years as Experienced Investor<br> Credit Profile minimal credit card debt | XXX.pdf<br> XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020589 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure received - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-The Business Purpose Affidavit Disclosure is Missing Missing fully executed Business Purpose Affidavit - Due Diligence Vendor-XXX |  | Resolved-The Business Purpose Affidavit Disclosure received - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020527 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA |  |  |  |
| 2026020533 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received corrected security instrument. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Here is a copy of the corrected date deed / correction initialed by borrowers - Buyer-XXX<br> Counter-Received DOT. Borrower signed dated XXX and Notary signed XXX and indicated borrower appeared to sign document. Dates are inconsistent. Finding remains. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Notary Page to Mortgage. Additional conditions may apply. - Due Diligence Vendor-XXX |  | Resolved-Received corrected security instrument. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020534 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing e-Consent | Resolved-Received E-Consent Form. Finding Resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. econsent condition - Buyer-XXX<br> Open-Missing e-Consent. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020534 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received RCE - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. RCE for HOI<br> - Seller-XXX<br> Open-Insufficient Coverage Amount for Insured Subject Property. The dec page for the subject property shows $XXX in coverage with a replacement increase up to $XXX. The loan file does not contain a replacement XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX for XXX<br> - Seller-XXX | Resolved-Received XXX - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020534 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received LE and COC XXX. finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. FOR BOTH OPEN CONDITIONS REGARDING LOCK AND POINTS ETC. - LOCK LE AND COC ON XXX, SIGNED XXX - XXX DAYS PRIOR TO CLOSING. PLEASE CLEAR "BOTH" CONDITIONS. tHANK YOU - Seller-XXX<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Zero (XXX%) tolerance fees increased by $XXX (Points - Loan Discount Fee) without a valid COC in file. \*\*\*There is a final discount Point Fee Disclosure in file. However, it doesn't correspond with the Lock confirmation dated XXX and initial CD dated XXX. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - X Year(s); Expiration Date: XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. FOR BOTH OPEN CONDITIONS REGARDING LOCK AND XXX. - LOCK XXX AND XXX ON XXX, SIGNED XXX - XXX DAYS PRIOR TO CLOSING. PLEASE CLEAR "BOTH" CONDITIONS. tHANK YOU - Seller-XXX | Resolved-Received XXX and XXX XXX. finding Resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020534 | XXX | C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | ComplianceEase | XXX Delivery Date Test | Resolved-Received LE and COC XXX. finding Resolved. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. FOR BOTH OPEN CONDITIONS REGARDING LOCK AND POINTS ETC. - LOCK LE AND COC ON XXX, SIGNED XXX - XXX DAYS PRIOR TO CLOSING. PLEASE CLEAR "BOTH" CONDITIONS. tHANK YOU - Buyer-XXX <br> Open-This loan failed the TRID Rate Lock Disclosure Delivery Date Test. (12 CFR §1026.19(e)(3)(iv)(D))A disclosure advising of the revised interest rate, points, lender credits, and any other interest rate dependent charges and terms was not provided to the borrower within XXX business days after the interest rate was locked on XXX, XXX, XXX, XXX and XXX. -----Please provide a revised disclosure within XXX business days after the interest rate was locked on XXX. - Due Diligence Vendor-XXX |  | Resolved-Received XXX and XXX XXX. finding Resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020534 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX |  | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.<br> - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020530 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX<br> Open-Exception granted for not having a full current lease for XXX months as new lease was signed XXX with increase of $XXX for rent from same tenant that has a prior XXX months lease. - Due Diligence Vendor-XXX |  | Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX | Credit score XXX pts above minimum, XXX above required amount, DSCR score XXX above min, Credit history XXX - XXX mos (nationstar including all mtg transfers), LTV XXX% below max. |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020516 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_XXX | Resolved-The 1008 was provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX <br> Open-Approval/Underwriting Summary Not Provided. 1008 not provided. - Due Diligence Vendor-XXX |  | Resolved-The 1008 was provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020539 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX <br> Open-Housing History Does Not Meet Guideline Requirements Exception requested due to borrower is XXX, current primary resident is in trust. Trust not provided only living rent free letter. - Due Diligence Vendor-XXX |  | Waived-Originator waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Borrower has XXX months of reserves. |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | Originator Post-Close | Yes | XXX |
| 2026020543 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020138 | XXX | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-CPA license provided. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Open-Borrower XXX CPA Letter Missing CPA license not provided - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-XXX provided. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020155 | XXX | XXX D B C A | Closed | XXX | XXX | XXX | Cured | 2 - Non-Material C B | Compliance | TRID | Lender Credits That Cannot Decrease Test | Cured------Received PCCDXXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Lender credit was incorrectly removed. The attached is the LOE to the borrower, refund check, updated PC CD (lender credit refund showing on pg XXX, XXX) and XXX label. - Seller-XXX<br> Counter-Received a copy of HOI invoice. No reference to the finding of Lender Credit Decrease. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Borrower paid HOI monthly as the property was free and clear. We had a current invoice in the file, but the processor did not mark it as "Protected" and it didn't make it into the closing package for reciew. The total of the XXX months monthly payments is $XXX x XXX = $XXX. The monthly paid premium also incurred a fee to pay monthly, which is customary for insurance. The balance of $XXX was paid in full at closing. The HOI invoice is attached along with the policy for quick review. This is what the agent provided to the processor directly. - Seller-XXX <br> Open-This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $XXX to $XXX without a valid XXX in file. Provide a XXX for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Lender credit was incorrectly removed. The attached is the XXX to the borrower, refund check, updated XXX XXX (lender credit refund showing on pg XXX, Sect J) and XXX. - Seller-XXX<br> Ready for Review-Document Uploaded. Borrower paid XXX monthly as the property was free and clear. We had a current invoice in the file, but the processor did not mark it as "Protected" and it didn't make it into the closing package for reciew. The total of the XXX months monthly payments is XXX. The monthly paid premium also incurred a fee to pay monthly, which is customary for insurance. The balance of $XXX was paid in full at closing. The XXX invoice is attached along with the policy for quick review. This is what the agent provided to the processor directly. - Seller-XXX | Cured------Received XXX XXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Long term residence - Borrower has owned subject property XXX years. <br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020155 | XXX | XXX D B C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | XXX is Partial | Resolved-Received confirmation of $XXX per Month for HOI - matching Final CD - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. The $XXX lender credit was incorrectly listed on the Initial CD, but then was also incorrectly removed after it was disclosed when it should not have been. We are attaching a copy of the Corrected PC CD, restitution check to the borrower for $XXX, LOE for restitution to the borrower and the XXX label for the shipment of the documents to the borrower. - Seller-XXX<br> Open-XXX(Or HO-XXX XXXy if Subject Property is a XXX) is only Partially Provided Initial escrow shows $XXX annual fee vs the policy that shows $XXX. Lender to confirm discrepancy and provided updated XXX if applicable. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. The $XXX lender credit was incorrectly listed on the Initial CD, but then was also incorrectly removed after it was disclosed when it should not have been. We are attaching a copy of the Corrected PC CD, restitution check to the borrower for $XXX, XXX for restitution to the borrower and the XXX for the shipment of the documents to the borrower. - Seller-XXX | Resolved-Received confirmation of $XXX per Month for XXX - matching Final CD - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Long term residence - Borrower has owned subject property XXX years. <br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020155 | XXX | XXX D B C A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX<br> Open-Approval/Underwriting Summary Partially Provided Need updated final 1008 Transmittal reflecting correct Loan Purpose as it is showing as Limited Cash Out (when borrower received significant cash back at closing). - Due Diligence Vendor-XXX |  | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Long term residence - Borrower has owned subject property XXX years. <br> LTV is less than guideline maximum - Required is XXX Borrower has XXX |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No | XXX |
| 2026020575 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received CD XXX. Finding Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. ----- Initial CDXXX is not signed and there is no evidence in file to determine if it was provided to borrower at least XXX days prior to closing date of XXX. Statute of Limitations XXX years- Expiration date is XXX. - Due Diligence Vendor-XXX |  | Resolved-Received CD XXX. Finding Resolved. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020575 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Disclosure | Missing e-Consent | Resolved-Received eConsent. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Supporting Document - Buyer-XXX<br> Open-Missing e-Consent. Missing XXX. Please Provide. - Due Diligence Vendor-XXX |  | Resolved-Received XXX. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020575 | XXX | C A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | TRID | Missing Intent to Proceed | Resolved-Received Intent to Proceed. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. Supporting Document - Seller-XXX <br> Open------Missing Executed Intent to Proceed. Please provide. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Supporting Document - Seller-XXX | Resolved-Received Intent to Proceed. - Due Diligence Vendor-XXX | Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required. |  | XXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | XXX | NA | N/A | N/A | XXX |
| 2026020430 | XXX | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Property | Property | XXX (XXX) after appraisal without a XXX or XXX | Waived-Public assistance - Due Diligence Vendor-0XXX<br> Open-Public XXX disaster after appraisal without a XXX or 1004D. XXX Post closing Disaster Mississippi XXX XXX incident period: XXX and continuing; XXX - Due Diligence Vendor-XXX |  | Waived-XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Months Reserves exceed minimum required - Min XXX, actual XXX |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | NA | Investor Post-Close | No | XXX |
| 2026020170 | XXX | C B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Acreage exceeds guidelines | Waived-Client exception granted to allow > XXX acres , Non-material waiver applied with comp factors. non material due to DTI XXX%, reserves of XXX months and residual income of $XXX - Due Diligence Vendor-0XXX<br> Open-exception request for .XXX over XXX acres on property. Exception approval in loan file - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow > XXX acres , Non-material waiver applied with comp factors. non material due to DTI XXX%, reserves of XXX months and residual income of XXX - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX | Credit score over XXX<br> Low DTI<br> Employment stability XXX years<br> Reserves XXX months<br> Credit history XXX for at least XXX months<br> LTV XXX% under max |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |
| 2026020159 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020574 | XXX | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX |  |  |  |
| 2026020313 | XXX | D B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received proof of payments for 3c and 3d. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX docs<br> 2. XXX docs - Buyer-XXX <br> Open-Missing documentation of PITIA for the two concurrently refinanced properties, 3c & 3d. - Due Diligence Vendor-XXX |  | Resolved-Received proof of payments for XXX and XXX. - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX |  | XXX.pdf<br> XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | N/A | N/A | XXX |
| 2026020313 | XXX | D B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Client exception granted to allow XXX NSF's within XXX months, Non-material waiver applied with comp factors. Non-material due to residual income of $XXX, Fico XXX, DTI XXX% and XXX months reserves - Due Diligence Vendor-XXX<br> Open-Exception request to allow XXX NSF fees in the past XXX months. Program allows only XXX. Exception approval in loan file. - Due Diligence Vendor-XXX |  | Waived-Client exception granted to allow XXX within XXX months, Non-material waiver applied with comp factors. Non-material due to residual income of $XXX, Fico XXX, DTI XXX% and XXX months reserves - Due Diligence Vendor-XXX | Qualifying FICO score is at least XXX points above minimum for program - Required is XXX Borrower has XXX<br> Qualifying DTI below maximum allowed - Required is XXX Borrower has XXX | FICO XXX points or more above required<br> DTI XXX% below allowable<br> Reserves XXX months<br> Residual income > XXX |  | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | XXX | XXX | Investor Post-Close | No | XXX |

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## Exhibit 99.14

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.14**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Credit Loan Grades Moody's** | **Initial Compliance Loan Grades Moody's** | **Initial Property Loan Grades Moody's** | **Initial Overall Loan Grades Moody's** | **Final Credit Loan Grades Moody's** | **Final Compliance Loan Grades Moody's** | **Final Property Loan Grades Moody's** | **Final Overall Loan Grades Moody's** |
| 2026020089 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020084 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020088 | XXX |  | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020091 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020094 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020092 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020100 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020098 | XXX | XXX | XXX D | D B | B A | A D | D A | A B | B A | A B | B |
| 2026020134 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020099 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020123 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020115 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020108 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020121 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020107 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020128 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020104 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020111 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020160 | XXX |  | XXX C | N/A C D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A |
| 2026020419 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020120 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020132 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020119 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020151 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020125 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020113 | XXX |  | XXX C | C | C A | A C | C A | A B | B A | A B | B |
| 2026020114 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020135 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020149 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020240 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020147 | XXX |  | XXX C | C A | A C | C | C A | A | A | A | A |
| 2026020355 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020295 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020130 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020127 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020192 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020162 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020105 | XXX |  | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020110 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020428 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020137 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020131 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020124 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020122 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020133 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020184 | XXX |  | XXX C | C | C A | A C | C B | B A | A | A B | B |
| 2026020142 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020153 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020157 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020136 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020188 | XXX |  | XXX C | C A | A D | D | D A | A | A | A | A |
| 2026020196 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020215 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020174 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020198 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020141 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020223 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020406 |  | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020212 | XXX |  | XXX D | D C | C A | A D | D B | B A | A | A B | B |
| 2026020146 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020140 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020193 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020177 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020222 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020182 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020429 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020207 |  | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020079 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020220 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020216 | XXX |  | XXX D | D A | A D | D | D A | A | A | A | A |
| 2026020186 |  | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020228 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020230 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020167 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020204 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020420 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020329 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020232 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020163 | XXX |  | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020364 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020158 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020166 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020211 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020189 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020205 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020248 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020229 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020444 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020199 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020169 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020150 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020233 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020270 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020259 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020272 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020161 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020208 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020310 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020311 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020266 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020178 | XXX |  | XXX C | C A | A C | C | C A | A | A B | B | B |
| 2026020217 | XXX |  | XXX D | D B | B A | A D | D A | A B | B A | A B | B |
| 2026020276 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020165 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020321 | XXX |  | XXX D | D B | B A | A D | D A | A B | B A | A B | B |
| 2026020318 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020239 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020247 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020176 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020288 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020262 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020257 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020407 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020440 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020258 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020267 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020227 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020213 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020289 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020441 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020360 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020324 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020219 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020320 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020358 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020271 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020244 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020231 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020290 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020299 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020363 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020333 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020357 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020274 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020330 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020191 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020350 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020336 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020372 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020449 | XXX | XXX | XXX C | C A | A C | C | C A | A | A | A | A |
| 2026020303 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020260 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020252 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020175 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020356 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020353 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020368 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020285 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020255 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020340 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020399 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020265 | XXX |  | XXX D | D C | C A | A D | D A | A | A | A | A |
| 2026020250 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020190 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020378 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020319 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020294 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020292 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020282 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020352 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020338 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020387 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020305 |  | XXX | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020298 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020417 | XXX | XXX | XXX D | D | D A | A D | D A | A | A | A | A |
| 2026020173 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020425 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020284 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020383 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020370 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020317 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020304 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020470 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020391 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020316 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020234 |  | XXX | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020397 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020396 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020416 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020221 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020395 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020468 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020373 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020179 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020426 |  | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020351 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020348 | XXX |  | XXX A | A | A C | C | C A | A | A | A | A |
| 2026020081 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020389 | XXX |  | XXX D | D B | B A | A D | D A | A B | B A | A B | B |
| 2026020398 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020414 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020281 | XXX |  | XXX B | B A | A | A B | B | B A | A | A B | B |
| 2026020400 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020302 | XXX |  | XXX A | A D | D A | A D | D A | A | A | A | A |
| 2026020187 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020301 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020218 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020424 |  | XXX | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020345 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020422 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020278 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020322 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020366 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020328 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020474 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020375 | XXX |  | XXX D | D A | A C | C D | D A | A | A | A | A |
| 2026020393 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020337 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020371 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020354 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020241 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020323 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020427 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020381 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020382 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020459 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020469 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020497 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020573 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020496 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020341 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020485 | XXX |  | XXX A | A | A C | C | C A | A | A | A | A |
| 2026020268 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020465 | XXX |  | XXX A | A D | D C | C D | D A | A | A | A | A |
| 2026020510 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020349 | XXX |  | XXX A | A B | B A | A B | B A | A B | B A | A B | B |
| 2026020482 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020478 | XXX | XXX | XXX D | D C | C A | A D | D A | A | A | A | A |
| 2026020471 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020520 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020498 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020374 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020457 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020578 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020476 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020464 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020508 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020472 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020494 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020481 | XXX | XXX | XXX A | A | A D | D | D A | A | A | A | A |
| 2026020493 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020479 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020491 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020511 | XXX |  | XXX D | D | D A | A D | D B | B A | A | A B | B |
| 2026020576 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020587 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020582 | XXX |  | XXX D | D | D A | A D | D A | A | A | A | A |
| 2026020501 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020509 | XXX |  | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020467 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020502 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020522 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020484 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020535 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020454 | XXX | XXX | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020513 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020537 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020577 | XXX |  | XXX D | D | D C | C D | D A | A | A | A | A |
| 2026020525 | XXX | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020504 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020536 |  | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020486 | XXX |  | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020531 |  | XXX | XXX A | A | A | A | A | A | A | A | A |
| 2026020589 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |
| 2026020527 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020533 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020534 | XXX |  | XXX C | C | C A | A C | C A | A B | B A | A B | B |
| 2026020530 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020516 | XXX |  | XXX C | C A | A | A C | C A | A | A | A | A |
| 2026020539 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020543 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020138 | XXX | XXX | XXX D | D A | A | A D | D A | A | A | A | A |
| 2026020155 | XXX | XXX | XXX D | D C | C A | A D | D B | B | B A | A B | B |
| 2026020575 | XXX |  | XXX A | A C | C A | A C | C A | A | A | A | A |
| 2026020430 | XXX |  | XXX A | A | A B | B | B A | A | A B | B | B |
| 2026020170 | XXX |  | XXX C | C A | A | A C | C B | B A | A | A B | B |
| 2026020159 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020574 | XXX |  | XXX A | A | A | A | A | A | A | A | A |
| 2026020313 | XXX |  | XXX D | D A | A | A D | D B | B A | A | A B | B |

---

## Exhibit 99.15

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.15**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020089 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal report |
| 2026020084 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020084 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020084 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit matches final 1008 |
| 2026020088 | XXX |  | XXX | Property Zip Code | XXX | XXX | XXX | per note |
| 2026020091 | XXX |  | XXX | Refinance Type | XXX | XXX | XXX |  |
| 2026020091 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020094 | XXX |  | XXX | Property Address | XXX | XXX | XXX | Per note |
| 2026020094 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Per credit report |
| 2026020092 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020100 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit DTI matches DTI on Loan Approval. |
| 2026020098 | XXX | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit calculated lower income |
| 2026020134 | XXX |  | XXX | Term | XXX | XXX | XXX | Per note |
| 2026020134 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Match with lender DSCR worksheet |
| 2026020099 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020099 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit matches Lender Final 1003 and 1008 on all figures with exception of slightly lower income due to ineligible deposits. |
| 2026020115 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per note |
| 2026020115 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020115 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Per 1008 |
| 2026020115 | XXX |  | XXX | Originator Doc Type | XXX | XXX | XXX | Per documentation provided |
| 2026020115 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit within XXX% of the 1008 |
| 2026020108 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | audit DSCR match on lender 1008 |
| 2026020107 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020128 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal subject is a XXX. |
| 2026020104 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020111 | XXX |  | XXX | Property Address | XXX | XXX | XXX | Per Note |
| 2026020111 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020160 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Matches1008 |
| 2026020160 | XXX |  | XXX | Qualifying CLTV | XXX | XXX | XXX | Matches 1008 |
| 2026020160 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Within XXX% of Lender DTI on 1008 |
| 2026020419 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020120 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020132 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020119 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | per Note |
| 2026020119 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches the DSCR in the loan file |
| 2026020151 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | DSCR ratio (rounded) match DSCR XXX |
| 2026020125 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per Note |
| 2026020114 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020135 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender's DSCR calulation |
| 2026020149 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per title/appraisal |
| 2026020149 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | DSCR in line with 1008 |
| 2026020240 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020240 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Per appraised value and loan amount |
| 2026020240 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender used a higher PITI than what was verified |
| 2026020355 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Per credit report |
| 2026020355 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches lender |
| 2026020295 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020295 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Variance due to lender using IO payment in DSCR calculation. instead of Start Rate at Fully Amortized Payment |
| 2026020130 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches calculation in file |
| 2026020127 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020192 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches with Lender Calculation |
| 2026020162 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020162 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | per 1008 |
| 2026020162 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Lowest Mid-Score used |
| 2026020162 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender's calc. on 1008 |
| 2026020105 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020131 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020131 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender DSCR calc. |
| 2026020124 | XXX |  | XXX | Property Value | XXX | XXX | XXX | per appraisal |
| 2026020124 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | per 1008 |
| 2026020124 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Per Credit Report |
| 2026020124 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches with Lender Calculation |
| 2026020122 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020133 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020184 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020157 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020136 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender used unsupported PITIA payment on file calculation. |
| 2026020188 | XXX |  | XXX | Interest Only Flag | XXX | XXX | XXX | Per Note |
| 2026020188 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet |
| 2026020196 | XXX |  | XXX | Originator Doc Type | XXX | XXX | XXX | XXX months statements and XXX month calculation provided |
| 2026020196 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit DTI within XXX% of Lender DTI on 1008 |
| 2026020215 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | qualifying DSCR base on lease based on revised docs received in stips. |
| 2026020174 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020174 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches lenders per 1008 comments |
| 2026020198 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | matches DSCR calcuation on exception form. |
| 2026020223 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020223 | XXX |  | XXX | Occupancy | XXX | XXX | XXX | Per 1008 |
| 2026020177 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020177 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Not DSCR |
| 2026020222 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | per 1003 |
| 2026020182 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020079 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020220 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | audit DSCR matches 1008 |
| 2026020216 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | per Note |
| 2026020216 | XXX |  | XXX | Note Date | XXX | XXX | XXX | per Note |
| 2026020216 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020230 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit used Market Rent/ PITIA. Lender Calculation not provided |
| 2026020167 | XXX |  | XXX | Property City | XXX | XXX | XXX | Per note |
| 2026020167 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Discrepancy due to debts |
| 2026020420 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Per credit report |
| 2026020329 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender's DSCR on 1008 |
| 2026020232 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | per note |
| 2026020232 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Per appraised value |
| 2026020232 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit in line with lender calculation |
| 2026020163 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020166 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020189 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020205 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches DSCR in file |
| 2026020444 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender DSCR calculation |
| 2026020199 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | Per Note |
| 2026020199 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Per 1008 |
| 2026020199 | XXX |  | XXX | Qualifying CLTV | XXX | XXX | XXX | Per 1008 |
| 2026020199 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender's DSCR |
| 2026020150 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020150 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches DSCR Calculator in file |
| 2026020161 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020161 | XXX |  | XXX | Qualifying FICO | XXX | XXX | XXX | Per credit report, median score |
| 2026020161 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches lender's approval. |
| 2026020208 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | per note |
| 2026020208 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Within XXX% of Lender DTI on 1008 |
| 2026020310 | XXX |  | XXX | Term | XXX | XXX | XXX | Per note |
| 2026020310 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | lender name per note |
| 2026020310 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit Matches DSCR worksheet |
| 2026020311 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Lender name per note |
| 2026020311 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | loan amount per Note |
| 2026020311 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Per Note/Appraisal |
| 2026020266 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender's approval |
| 2026020178 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | Per Note |
| 2026020178 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches final DCSR calc/rounding |
| 2026020217 | XXX |  | XXX | Property Address | XXX | XXX | XXX | per note |
| 2026020217 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | per note |
| 2026020217 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit DTI matches Lender DTI on 1008 |
| 2026020276 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020276 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches lenders |
| 2026020165 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches 1008 |
| 2026020318 | XXX | XXX | XXX | Loan Type | XXX | XXX | XXX | Per 1008 |
| 2026020318 | XXX | XXX | XXX | Subject Property Gross Rental income | XXX | XXX | XXX | Per 1007 |
| 2026020318 | XXX | XXX | XXX | Amount of Other Lien | XXX | XXX | XXX | No additional liens |
| 2026020318 | XXX | XXX | XXX | Number of Mortgaged Properties | XXX | XXX | XXX | Per 1003 |
| 2026020239 | XXX |  | XXX | Property City | XXX | XXX | XXX | Per Note |
| 2026020176 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020176 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020176 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Matches 1008 |
| 2026020176 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR isXXX / Lender DSCR in file XXX. Audit matches the file. |
| 2026020262 | XXX |  | XXX | Property City | XXX | XXX | XXX | Per Note |
| 2026020262 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender did not provide DSCR calculation |
| 2026020257 | XXX |  | XXX | Note Date | XXX | XXX | XXX | per note |
| 2026020407 | XXX |  | XXX | Property Address | XXX | XXX | XXX | Per note |
| 2026020407 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per note |
| 2026020407 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches final DSCR calc |
| 2026020440 | XXX | XXX | XXX | Qualifying LTV | XXX | XXX | XXX | Loan Amount/Appraised Value- matches 1008 |
| 2026020258 | XXX | XXX | XXX | B1 Country Name | XXX | XXX | XXX | Per 1003 |
| 2026020258 | XXX | XXX | XXX | Borrower 1 Years in Current Home | XXX | XXX | XXX | Per 1003 |
| 2026020258 | XXX | XXX | XXX | Borrower 1 Rent or Own | XXX | XXX | XXX | Per 1003 |
| 2026020258 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020227 | XXX |  | XXX | Property Type | XXX | XXX | XXX | PER APPRAISAL |
| 2026020289 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Audit LTV matches lenders per 1008 |
| 2026020441 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Due to audit used higher HELOC payment from statement for REO 3a |
| 2026020324 | XXX | XXX | XXX | Property Address | XXX | XXX | XXX | Per Note |
| 2026020324 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020219 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | per loan amount and value |
| 2026020271 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender DSCR from Approval |
| 2026020231 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020231 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020290 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | per Note |
| 2026020290 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches lenders per Asset Wksht |
| 2026020363 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches document in file |
| 2026020333 | XXX | XXX | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020333 | XXX | XXX | XXX | Interest Rate | XXX | XXX | XXX | Per Note |
| 2026020357 | XXX | XXX | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020357 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit and lender worksheet in file. |
| 2026020350 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020350 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020336 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020449 | XXX | XXX | XXX | Refinance Type | XXX | XXX | XXX | Per 1003 |
| 2026020260 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | matches DSCR calculations |
| 2026020252 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches final DSCR calc |
| 2026020175 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | 1007/PITIA. Variance as lender used unsupported lease amount |
| 2026020353 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Per calculation and lock confirmation. |
| 2026020368 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches approval |
| 2026020285 | XXX |  | XXX | Property City | XXX | XXX | XXX | per note |
| 2026020255 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit using final PITI, lender used alternate/not final amount |
| 2026020340 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches final 1008 DSCR/Tape Data unknown |
| 2026020190 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per Note |
| 2026020378 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per ID, Note |
| 2026020378 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches final DSCR calc |
| 2026020292 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020292 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per Note |
| 2026020292 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit, & matches lender |
| 2026020352 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020338 | XXX | XXX | XXX | Loan Amount | XXX | XXX | XXX | per final CD & Note |
| 2026020338 | XXX | XXX | XXX | Qualifying LTV | XXX | XXX | XXX | LTV in line with 1008 |
| 2026020338 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Per title/XXX - XXX is located within a XXX. |
| 2026020338 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | 1007/ PITIA.Matches 1008 |
| 2026020387 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per title/XXX |
| 2026020305 |  | XXX | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020298 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020417 | XXX | XXX | XXX | Loan Type | XXX | XXX | XXX | per 1008 |
| 2026020417 | XXX | XXX | XXX | Borrower 1 First Name | XXX | XXX | XXX | per Note |
| 2026020417 | XXX | XXX | XXX | Application Date | XXX | XXX | XXX | Per credit |
| 2026020417 | XXX | XXX | XXX | Number of Units | XXX | XXX | XXX | per appraisal |
| 2026020417 | XXX | XXX | XXX | Number of Mortgaged Properties | XXX | XXX | XXX | Per 1003/Credit Report |
| 2026020173 | XXX | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | DTI variance due to lower subject net rental loss. |
| 2026020425 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Property is an attached XXX |
| 2026020425 | XXX |  | XXX | Property Value | XXX | XXX | XXX | True data reflects appraised value. True source reflects recently list price as per desk review |
| 2026020383 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches 1008 |
| 2026020370 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020370 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per 1008 |
| 2026020304 | XXX | XXX | XXX | Loan Type | XXX | XXX | XXX | Per 1008 |
| 2026020304 | XXX | XXX | XXX | B1 Country Name | XXX | XXX | XXX | Per citizenship documentation |
| 2026020304 | XXX | XXX | XXX | Application Date | XXX | XXX | XXX | Per Initial 1003 |
| 2026020304 | XXX | XXX | XXX | Borrower 1 Has there been ownership in a property in last 3 yrs | XXX | XXX | XXX | Per 1003 |
| 2026020304 | XXX | XXX | XXX | Initial Originator Signature Date | XXX | XXX | XXX | Per Initial 1003 |
| 2026020304 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020470 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | audit DSCR match the lender DSCR calc worksheet |
| 2026020391 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020316 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per note |
| 2026020316 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per note |
| 2026020396 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020396 | XXX |  | XXX | Property Value | XXX | XXX | XXX | XXX Full Appraisals. LTV based on lower appraised value |
| 2026020221 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal Property is located within a XXX |
| 2026020395 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender Calculation not provided  |
| 2026020351 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal |
| 2026020348 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per note |
| 2026020348 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches lender's approval |
| 2026020081 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches calculation in file |
| 2026020389 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal - subj is XXX located within a XXX |
| 2026020281 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR "1007 STR market rent / PITIA" and matches lender's calc |
| 2026020301 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Rounding |
| 2026020301 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | audit match the lender loan approval |
| 2026020424 |  | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Due to lender used incorrect P&I |
| 2026020278 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender used a higher P&I payment |
| 2026020366 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Final Note |
| 2026020366 | XXX |  | XXX | Qualifying LTV | XXX | XXX | XXX | Appraised value / loan amount |
| 2026020366 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet. |
| 2026020328 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per Note |
| 2026020328 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020474 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | property is a XXX |
| 2026020337 | XXX |  | XXX | Note Date | XXX | XXX | XXX | Audit used Notary date per client. |
| 2026020337 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal, subj is a XXX located within a XXX |
| 2026020371 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Per XXX AND FINAL 1008, loan is NOT A DSCR |
| 2026020354 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020323 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender DSCR from UW memo/Approval) |
| 2026020459 | XXX |  | XXX | Refinance Type | XXX | XXX | XXX |  |
| 2026020469 | XXX | XXX | XXX | Originator Doc Type | XXX | XXX | XXX | XXX months bank statements in file. |
| 2026020497 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | True data matches file calculation |
| 2026020573 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender did not provide calculation. Audit Matches lenders PITI. |
| 2026020496 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020496 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | DTI in line with XXX. Variance as lender used a lower PITI for primary res than verified |
| 2026020341 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender DSCR from 1008 |
| 2026020268 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit DSCR matches Lender DSCR from Worksheet/1008 |
| 2026020510 | XXX |  | XXX | Lender Name | XXX | XXX | XXX | Per note |
| 2026020478 | XXX | XXX | XXX | Property Value | XXX | XXX | XXX | Per appraisal |
| 2026020478 | XXX | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Audit DTI matches lender's 1008 in file. |
| 2026020471 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender's calculation |
| 2026020520 | XXX |  | XXX | Property Value | XXX | XXX | XXX | Per appraisal |
| 2026020520 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | audit DSCR matches DSCR on approval |
| 2026020374 | XXX |  | XXX | Property Address | XXX | XXX | XXX | Per Note |
| 2026020457 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal |
| 2026020464 | XXX | XXX | XXX | Property City | XXX | XXX | XXX | Per Note |
| 2026020508 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender DSCR Calculation. |
| 2026020472 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Appraisal |
| 2026020472 | XXX | XXX | XXX | Qualifying LTV | XXX | XXX | XXX | Match with 1008 |
| 2026020493 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit and aligns with lender with slight variance due to lender used higher PITI |
| 2026020479 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Match with lender worksheet |
| 2026020491 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020491 | XXX |  | XXX | Property Value | XXX | XXX | XXX | Per sales price |
| 2026020491 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Due to lender is hitting borrower for additional $XXX for XXX on primary |
| 2026020511 | XXX |  | XXX | Borrower 2 Last Name | XXX | XXX | XXX | Per Note |
| 2026020511 | XXX |  | XXX | Borrower 2 First Name | XXX | XXX | XXX | Per Note |
| 2026020511 | XXX |  | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per Note |
| 2026020511 | XXX |  | XXX | Borrower 1 First Name | XXX | XXX | XXX | Per Note |
| 2026020511 | XXX |  | XXX | Property Value | XXX | XXX | XXX | Per Appraisal |
| 2026020511 | XXX |  | XXX | Borrower 2 Origination FICO | XXX | XXX | XXX | Per credit report. |
| 2026020511 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Client waiver applied. |
| 2026020582 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | 1008 DTI is XXX% |
| 2026020501 | XXX | XXX | XXX | Borrower 1 First Name | XXX | XXX | XXX | Per Note |
| 2026020501 | XXX | XXX | XXX | Originator Doc Type | XXX | XXX | XXX | Per XXX, prior year XXX was only needed. |
| 2026020509 | XXX |  | XXX | Loan Amount | XXX | XXX | XXX | Per Note |
| 2026020509 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per appraisal, title |
| 2026020509 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Per 1008. |
| 2026020467 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Lender DSCR Breakdown not provided |
| 2026020502 | XXX | XXX | XXX | Borrower 1 Last Name | XXX | XXX | XXX | Per note |
| 2026020502 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020484 | XXX | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Unable to determine |
| 2026020535 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit, lender used unsupported Gross Rent |
| 2026020454 | XXX | XXX | XXX | Property Zip Code | XXX | XXX | XXX | Per Note |
| 2026020454 | XXX | XXX | XXX | Property Type | XXX | XXX | XXX | Per appraisal, property is a XXX. |
| 2026020454 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Discrepancy due to rounding |
| 2026020513 | XXX |  | XXX | Property Type | XXX | XXX | XXX | per appraisal |
| 2026020537 | XXX | XXX | XXX | Calculated DSCR | XXX | XXX | XXX | Audit matches Lender DSCR Calculation. |
| 2026020525 | XXX | XXX | XXX | Loan Type | XXX | XXX | XXX | Per 1008 |
| 2026020525 | XXX | XXX | XXX | Number of Mortgaged Properties | XXX | XXX | XXX | Per 1003 |
| 2026020536 |  | XXX | XXX | Property Type | XXX | XXX | XXX | Verified on appraisal |
| 2026020486 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Lender did not provide calculation |
| 2026020534 | XXX |  | XXX | Originator Doc Type | XXX | XXX | XXX | Per approval |
| 2026020530 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender DSCR from worksheet |
| 2026020516 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per XXX and Appraisal. |
| 2026020539 | XXX |  | XXX | Note Date | XXX | XXX | XXX | Per note |
| 2026020539 | XXX |  | XXX | Originator Doc Type | XXX | XXX | XXX | per 1008 |
| 2026020539 | XXX |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | Asset utilization no DTI loan |
| 2026020543 | XXX |  | XXX | Property Type | XXX | XXX | XXX | Per Appraisal. |
| 2026020138 | XXX | XXX | XXX | Property Address | XXX | XXX | XXX | Per Note |
| 2026020138 | XXX | XXX | XXX | Borrower 1 Do you intend to occupy property as primary residence? | XXX | XXX | XXX | Per 1003 |
| 2026020138 | XXX | XXX | XXX | Borrower 1 How was title held? | XXX | XXX | XXX | Per 1003 |
| 2026020155 | XXX | XXX | XXX | Refinance Type | XXX | XXX | XXX | per final CD and final 1003 |
| 2026020155 | XXX | XXX | XXX | Amount of Other Lien | XXX | XXX | XXX | Per 1008 |
| 2026020155 | XXX | XXX | XXX | Number of Mortgaged Properties | XXX | XXX | XXX | Per 1003 |
| 2026020575 | XXX |  | XXX | Property Value | XXX | XXX | XXX | Per appraisal |
| 2026020430 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Matches Lender DSCR from 1008 |
| 2026020574 | XXX |  | XXX | Calculated DSCR | XXX | XXX | XXX | Per audit and matches lender |
| 2026020313 | XXX |  | XXX | Note Date | XXX | XXX | XXX | per executed note |

---

## Exhibit 99.16

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.16**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020089 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020084 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.6 | XXX |
| 2026020088 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020091 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020094 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020092 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020100 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020098 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 8% | 1004 URAR |  |  |  |  | XXX | XXX | 8% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020134 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020099 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.8 | XXX |
| 2026020123 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2026020115 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020108 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020121 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1.1 | XXX |
| 2026020107 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020128 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX |
| 2026020104 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020111 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020160 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020419 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2026020120 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020132 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2 | XXX |
| 2026020119 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020151 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020125 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX |
| 2026020113 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |
| 2026020114 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2.6 | XXX |
| 2026020135 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020149 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020240 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020147 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020355 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2026020295 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2026020130 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020127 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 2.4 | XXX |
| 2026020192 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020162 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020105 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020110 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020428 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020137 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020131 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020124 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -3% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020122 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.2 | XXX |
| 2026020133 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020184 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1.9 | XXX |
| 2026020142 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 2% | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0159 | XXX | 0.07 | ICE | iAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible |  |  |
| 2026020153 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020157 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020136 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020188 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020196 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2026020215 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020174 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020198 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020141 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2026020223 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020406 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020212 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2026020146 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -9% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020140 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020193 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020177 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020222 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -4% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020182 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020429 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2026020207 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020079 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2026020220 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020216 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020186 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -5% | 1004 URAR |  |  |  |  | XXX | XXX | -5% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020228 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -2% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -2% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020230 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020167 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.8 | XXX |
| 2026020204 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 3.2 | XXX |
| 2026020420 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020329 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2026020232 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020163 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020364 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020158 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020166 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020211 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -4% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020189 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020205 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020248 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020229 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2026020444 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | .0165 | XXX | 0.08 | ICE | iAVM | XXX | XXX | XXX | 0% | Vision | A | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020199 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.1 | XXX |
| 2026020169 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020150 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 3% | 1004 URAR |  |  |  |  | XXX | XXX | 3% | XXX | 1004 URAR |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020233 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020270 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020259 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2026020272 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.6 | XXX |
| 2026020161 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020208 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020310 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | STEWART | REASONABLE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020311 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | STEWART | REASONABLE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020266 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020178 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 46% | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .4591 | XXX | 0.09 | ICE | Other | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020217 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020276 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.9 | XXX |
| 2026020165 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | XXX |
| 2026020321 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020318 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020239 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX |
| 2026020247 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020176 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020288 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020262 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020257 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020407 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020440 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2 | XXX |
| 2026020258 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020267 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020227 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2026020213 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020289 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020441 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020360 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020324 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020219 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Excellent | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020320 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020358 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020271 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020244 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020231 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.7 | XXX |
| 2026020290 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020299 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020363 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020333 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020357 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020274 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020330 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020191 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | 1004 URAR |  |  |  |  | XXX | XXX | 0% | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020350 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020336 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020372 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |
| 2026020449 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020303 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -3% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020260 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020252 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020175 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020356 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020353 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020368 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020285 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.1 | XXX |
| 2026020255 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020340 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 2.1 | XXX |
| 2026020399 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -3% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020265 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020250 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.9 | XXX |
| 2026020190 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020378 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020319 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020294 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020292 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020282 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020352 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020338 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020387 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.2 | XXX |
| 2026020305 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -5% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020298 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020417 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020173 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020425 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -7% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -7% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | XXX |
| 2026020284 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020383 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXX | Not Eligible |  |  |
| 2026020370 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020317 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.9 | XXX |
| 2026020304 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -5% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020470 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020391 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020316 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -6% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -6% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020234 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -13% | 1075 Exterior Only Inspection Condo Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1270 | 3 Day Appraisal | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020397 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020396 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -3% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020416 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020221 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX |
| 2026020395 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.7 | XXX |
| 2026020468 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 |  | XXX |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020373 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020179 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020426 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2026020351 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 2.9 | XXX |
| 2026020348 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | XXX |
| 2026020081 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020389 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.8 | XXX |
| 2026020398 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Class Valuation | A | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020414 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX | Not Eligible | 1 | XXX |
| 2026020281 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020400 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020302 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020187 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXX |
| 2026020301 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020218 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020424 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 1% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020345 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020422 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -8% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -8% | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020278 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020322 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020366 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020328 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020474 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020375 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020393 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020337 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2026020371 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020354 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | 2000 One Unit Appraisal Field Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -15% | Clear Capital | High | XXX |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Five Star Appraisal | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020241 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020323 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020427 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020381 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020382 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020459 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 3.5 | XXX |
| 2026020469 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020497 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020573 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2026020496 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020341 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020485 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0038 | XXX | 0.05 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020268 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -5% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5% | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX |
| 2026020465 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020510 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020349 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020482 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020478 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020471 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020520 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020498 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020374 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020457 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020578 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020476 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020464 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020508 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020472 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0750 | XXX | 0.17 | House Canary | Other | XXX | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020494 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020481 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020493 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.5 | XXX |
| 2026020479 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020491 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020511 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1 | XXX |
| 2026020576 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020587 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  | XXX | XXX | -.0126 | Clear Capital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020582 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1 | XXX |
| 2026020501 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020509 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020467 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020502 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020522 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020484 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -9% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2026020535 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX | Not Eligible | 1 | XXX |
| 2026020454 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020513 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -1% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -1% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020537 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020577 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 |  | Not Eligible | 2.6 | XXX |
| 2026020525 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020504 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | .1519 | XXX | 0.06 | ICE | iAVM | XXX | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020536 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020486 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020531 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020589 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020527 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020533 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX |
| 2026020534 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020530 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020516 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 2.1 | XXX |
| 2026020539 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020543 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020138 | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020155 | XXX | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020575 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible |  |  |
| 2026020430 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 | XXX |
| 2026020170 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXX | Not Eligible |  |  |
| 2026020159 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020574 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020313 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.17

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.17**

![](ex9917001.jpg)

![](ex9917002.jpg)

**June 12, 2026**<br> **Due Diligence Narrative Report**<br>

![](ex9917001.jpg)

**Table of Contents**

---

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

---

AOMT 2026-3 Due Diligence Narrative Report Page \| 1 June 12, 2026

![](ex9917001.jpg)

**Clayton Contact Information** 

Client Service Management:

---

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

---

**Overview**

Clayton conducted an independent third-party pre-securitization due diligence review of 7 residential loans selected for the AOMT 2026-3 transaction. The loans referenced in this narrative report were reviewed in the month of 10/2025 – 04/2026 at Clayton's centralized underwriting facilities in Tampa, FL. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review.

**Originators** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Broker | &nbsp;&nbsp;3 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

AOMT 2026-3 Due Diligence Narrative Report Page \| 2 June 12, 2026

![](ex9917001.jpg)

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

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

Sampling

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

Review Type Loan Counts

---

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

---

Sponsor Acquisition Criteria

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

Loan Grading

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

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

AOMT 2026-3 Due Diligence Narrative Report Page \| 3 June 12, 2026

![](ex9917001.jpg)

TPR Component Review Scope

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

Credit Review

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

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

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

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

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

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

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

Property Valuation Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Original
 Appraisal Assessment

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Value
 Supported Analysis

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

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

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

AOMT 2026-3 Due Diligence Narrative Report Page \| 4 June 12, 2026

![](ex9917001.jpg)

Regulatory Compliance Review

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

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

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

The scope of the compliance review performed is summarized below:

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

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

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

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

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

– TIL APR and Finance charge tolerances;

– Timeliness of ARM Disclosures (if applicable);

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

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

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

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

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

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

– Prepayment Penalty restrictions.

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

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

– GFE initial disclosure timing and content;

– Confirmed the file contains the final HUD1 Settlement Statement;

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

– Homeownership Counseling Notice;

– Affiliated Business Disclosure if applicable.

AOMT 2026-3 Due Diligence Narrative Report Page \| 5 June 12, 2026

![](ex9917001.jpg)

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

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

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

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

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

State and Federal High Cost and Higher-Priced:

● Cook County High Cost Ordinance

● Chicago High Cost Ordinance

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

Anti-predatory lending laws

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

● Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

AOMT 2026-3 Due Diligence Narrative Report Page \| 6 June 12, 2026

![](ex9917001.jpg)

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

● Sufficiency of coverage

● Escrow of insurance payments

Data Integrity

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

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

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

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

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

Data Capture

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

**Data Compare Results** 

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

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;85.71% |

---

AOMT 2026-3 Due Diligence Narrative Report Page \| 7 June 12, 2026

![](ex9917001.jpg)

**Clayton Due Diligence Results** 

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Overall Grade Migration** | &nbsp;&nbsp;**Overall Grade Migration** | &nbsp;&nbsp;**Overall Grade Migration** | &nbsp;&nbsp;**Overall Grade Migration** | &nbsp;&nbsp;**Overall Grade Migration** | &nbsp;&nbsp;**Overall Grade Migration** |
|  | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** |
| &nbsp;&nbsp;**Final** |  | &nbsp;&nbsp;**A** | &nbsp;&nbsp;**B** | &nbsp;&nbsp;**C** | &nbsp;&nbsp;**D** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;4 |  |  | &nbsp;&nbsp;3 | &nbsp;&nbsp;**7** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**B** |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**C** |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**D** |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**7** |

---

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Credit Grade Migration** | &nbsp;&nbsp;**Credit Grade Migration** | &nbsp;&nbsp;**Credit Grade Migration** | &nbsp;&nbsp;**Credit Grade Migration** | &nbsp;&nbsp;**Credit Grade Migration** | &nbsp;&nbsp;**Credit Grade Migration** |
|  | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** | &nbsp;&nbsp;**Initial** |
| &nbsp;&nbsp;**Final** |  | &nbsp;&nbsp;**A** | &nbsp;&nbsp;**B** | &nbsp;&nbsp;**C** | &nbsp;&nbsp;**D** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;A | &nbsp;&nbsp;5 |  |  | &nbsp;&nbsp;2 | &nbsp;&nbsp;**7** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;B |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;C |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;D |  |  |  |  | &nbsp;&nbsp;**0** |
| &nbsp;&nbsp;**Final** | &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**5** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**7** |

---

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

---

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

---

AOMT 2026-3 Due Diligence Narrative Report Page \| 8 June 12, 2026

![](ex9917001.jpg)

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

---

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

---

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

**Clayton Third Party Reports Delivered** 

Clayton furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Appendix A: Credit Review Scope** 

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

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

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

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

○ Borrower eligibility, including:

– Citizenship status

– Non- occupant co-borrower

AOMT 2026-3 Due Diligence Narrative Report Page \| 9 June 12, 2026

![](ex9917001.jpg)

○ Transaction eligibility, including:

Maximum loan amount

– Loan purpose

– Occupancy

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

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

○ Uniform Residential Loan Application reviewed to determine:

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

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

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

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

– Income documentation

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

– CPA letter

– Business licenses

– Tax transcripts (IRS Form 4506-T)

– Other documentation in loan file

○ Income review included:

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

– Documents did not appear to have been altered or inconsistent

– IRS Form 4506-T

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Paystubs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ W-2s

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ 1099

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ IRS
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Bank
 statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Lease
 agreements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Award
 letters

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

○ Asset review included:

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Depository
 account statements

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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Settlements
 statements

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

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

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

○ Credit Report review included:

– Complete copy of report was in loan file

– Report was dated within required timeframe

– All borrowers were included in the report

– Checked any fraud alerts against related loan file documentation

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

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

– Captured and utilized appropriate credit score for guideline review

○ Title policy review included:

– Title interest – determined if

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Fee
 simple

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Leasehold
 estate

– Appropriate vestee(s) were listed on title policy

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

– Applicable title endorsements were present

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

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

– Captured monthly tax payments in debt ratio calculation

○ HUD1 (Settlement Statement) review included:

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

– Seller contributions did not exceed maximum allowed

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

– Disbursements and pay-offs included in debt ratio calculations

– Loan purpose confirmed

○ Hazard/Flood insurance review included:

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

– Confirmed that any required insurance was for the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Correct
 borrower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Correct
 property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Correct
 lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Correct
 loan number

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

Confirmed that any required insurance minimum coverage amount and policy period

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

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

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

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

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

○ Borrower identity

– Social Security inconsistencies

– Borrower name variations

○ Occupancy

– Borrower address history

– Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

**Appendix B: Origination Appraisal Assessment** 

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

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

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

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

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

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

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

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

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

○ Appraisal report was reasonably complete and included:

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

– Accurate identification of the subject property

– Accurate identification of the subject loan transaction

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

– All required attachments including:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Location
 map

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

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

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

– Appraisal date met supplied Sponsor Acquisition Criteria

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

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

○ Title XI of FIRREA:

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

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

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

○ USPAP

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

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

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

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

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

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

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

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

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

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

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

– Property usage was reviewed for zoning compliance

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

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– Neighborhood values were reviewed to determine if declining

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ 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;■ %
 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;■ 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;■ 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;■ 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;■ Predominant
 occupancy

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

– Style of property was reviewed to determine if unique property

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

– Locational and/or environmental concerns adequately addressed if present

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

○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

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

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

F. Disclaimer

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

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

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

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

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

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G. Desk
 Review definitions

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

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

**Appendix C: Regulatory Compliance Review Scope**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● Pre-application forms cannot look similar to the LE

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Timing
 Requirements:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Fee
 Tolerances:

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Payment
 Schedule Accuracy:

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

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

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

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

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

● Amount Financed

● Finance Charge

● Total of Payments

● Total interest percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Technical
 Requirements

● Compliance with the TRID rounding rules.

● Compliance with specified formatting requirements.

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

● Alphabetization of fees.

● Title fees preceded by "Title –."

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Waivers

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Related
 Documentation

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

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

● Affiliated Business Disclosure (can impact fee tolerances)

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

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

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

● Accuracy of the Aggregate Adjustment amount.

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

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

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

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

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

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

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

---

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

---

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

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

---

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

---

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

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

● Minnesota (Mortgage Originator and Service Licensing Act)

● Puerto Rico (Office Regulation 5722)

● Texas (Texas Finance Code)

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

**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 |  |

---

AOMT 2026-3 Due Diligence Narrative Report Page \| 19 June 12, 2026

![](ex9917001.jpg)

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

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

---

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

---

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

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

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

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

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

AOMT 2026-3 Due Diligence Narrative Report Page \| 20 June 12, 2026

![](ex9917001.jpg)

**<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.© 2026 Clayton Services LLC. All rights reserved.

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

AOMT 2026-3 Due Diligence Narrative Report Page \| 21 June 12, 2026

## Exhibit 99.18

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.18**

**Loan Level Tape Compare Upload** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Loans in Report* | *XXX* |  |  |  |
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** |
| 2026020335 | XXX | XXX | XXX | XXX |
| 2026020335 | XXX | XXX | XXX | XXX |
| XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. | XXX. All rights reserved. Ownership and use of this report is governed by the legal agreement between XXX and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |

---

## Exhibit 99.19

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.19**

**Valuations Summary** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Loans In Report:* | *XXX* | *XXX* |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| *Loans In Report:* |  |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **1004 SFR** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **2055 Ext Only** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance (%)** | **Review Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **AVM Vendor Name** | **AVM FSD** | **Confidence Score** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date - Other** | **Value - Other** | **Variance Amount - Other** | **Variance (%) - Other** | **CU / LCA Score** |
| 2026020379 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | -6.75% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020085 |  | XXX | XXX | XXX | XXX | XXX | XXX Multi-Fam (XXX) |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020335 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1 |
| 2026020359 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1.4 |
| 2026020392 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  | XXX | XXX | XXX | 12.39% | Full Appraisal |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 2.6 |
| 2026020528 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | (No Data) |
| 2026020542 |  | XXX | XXX | XXX | XXX | XXX | 1004 XXX (XXX) |  |  |  | XXX | XXX | 0.00% | Not Applicable |  | XXX | XXX | 0.00% |  |  |  | XXX | XXX | XXX | -4.49% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  | XXX | XXX | 0.00% |  |  | XXX | XXX | 0.00% | 1 |
| *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* | *The findings in this report are preliminary and subject to revision by XXX. This report is confidential and for Client's internal use only. This report is not for purposes of XXX filings and is not redacted. For Securitization reporting please submit a request to XXX* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.20

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.20**

---

| | |
|:---|:---|
| **Conditions Report XXX** | **Conditions Report XXX** |
| ***Loans in Report:*** | *XXX* |
| ***Loans with Conditions:*** | *XXX* |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Lender Application Date** | **Broker Application Date** | **Initial Securitization Loan Compliance Grade** | **Final Securitization Loan Compliance Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** | **Did Lender Acknowledge Exception at Origination** |
| 2026020379 | XXX | XXX A | N/A | N/A | N/A | N/A | No |
| 2026020085 | XXX | Not Applicable | A | A | A | A | No |
| 2026020335 | XXX | Not Applicable | A | A | A | A | No |
| 2026020359 | XXX | Not Applicable D | A | A D | A | A | No |
| 2026020392 | XXX | XXX A | A | A | A | A | Not Applicable |
| 2026020528 | XXX | XXX D A | N/A | N/A D | N/A | N/A | No |
| 2026020542 | XXX | Not Applicable D | A | A D | A | A | No |

---

## Exhibit 99.21

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.21**

---

| | |
|:---|:---|
| **Conditions Report** | **XXX** |
| ***Loans in Report:*** | *XXX* |
| ***Loans with Conditions:*** | *XXX* |

---

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **Initial Securitization Compliance Loan Grade** | **Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 2026020379 | XXX | XXX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> Clayton Comments: XXX months of cash reserves. |
| 2026020085 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> Clayton Comments: XXX months of cash reserves. |
| 2026020335 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX: Good credit history<br> Clayton Comments: No derogatory information reflected on the credit profile. |
| 2026020359 | XXX | XXX | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Legal Documents | Satisfied D A | XXX | Loan File is Missing or Contains Insufficient Documentation for Basic Review | No | The payoff statement for XXX was not in the file. | Received payoff | Satisfied. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines <br> Clayton Comments: XXX months reserves.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: Borrower has a XXX credit score |
| 2026020392 | XXX | XXX | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX: Verified cash reserves exceed guidelines<br> Clayton Comments: Verified reserves exceeds minimum reserve requirement by more than XXX months<br>XXX: Significant time in profession<br> Clayton Comments: Client has been at current profession over XXX years per app<br>XXX: DTI below guideline requirement<br> Clayton Comments: DTI is more than XXX points below maximum DTI requirements |
| 2026020528 | XXX | XXX | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Application | Satisfied D A | XXX | Application is incomplete | No | The signed XXX is missing from the loan file. | Received signed lender application | Satisfied. | (No Data) | Not Applicable | XXX: Minimal use of credit<br> Clayton Comments: Borrower has low credit utilization of XXX.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: XXX qualifying score is XXX points above XXX requirement. |
| 2026020528 | XXX | XXX | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Credit/Mtg History | Satisfied D A | XXX | Missing support docs for XXX/XXX (e.g. XXX) | No | The payment history for the borrower's primary residence is missing from the loan file. | Received VOM on borr primary | Satisfied. | (No Data) | Not Applicable | XXX: Minimal use of credit<br> Clayton Comments: Borrower has low credit utilization of XXX.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: XXX qualifying score is XXX points above XXX requirement. |
| 2026020528 | XXX | XXX | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Legal document incorrect or incomplete | No | 1008 was not in the file. | Received lenders approval | Satisfied. | (No Data) | Not Applicable | XXX: Minimal use of credit<br> Clayton Comments: Borrower has low credit utilization of XXX.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: XXX qualifying score is XXX points above XXX requirement. |
| 2026020528 | XXX | XXX | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Missing Legal Document(s) | No | The XXX is missing from the loan file. | Received XXX | Satisfied. | (No Data) | Not Applicable | XXX: Minimal use of credit<br> Clayton Comments: Borrower has low credit utilization of XXX.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: XXX qualifying score is XXX points above XXX requirement. |
| 2026020528 | XXX | XXX | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Loan File is Missing or Contains Insufficient Documentation for Basic Review | No | Verification of the borrower's identity is missing from the loan file. | Received borr id | Satisfied. | (No Data) | Not Applicable | XXX: Minimal use of credit<br> Clayton Comments: Borrower has low credit utilization of XXX.<br>XXX: Credit score exceeds guidelines<br> Clayton Comments: XXX qualifying score is XXX points above XXX requirement. |
| 2026020542 | XXX | XXX | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Property Valuations | Appraisal | Satisfied D A | XXX | Missing Appraisal | No | The appraisal is missing from the loan file. | Received appraisal | Satisfied. | (No Data) | Not Applicable | XXX: Verified cash reserves exceed guidelines<br> Clayton Comments: XXX months of cash reserves. |

---

## Exhibit 99.22

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.22**

**EXECUTIVE SUMMARY<br> Third Party Due Diligence Review**

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on behalf of Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review included a total of 103 newly originated residential mortgage loans, in connection with the securitization identified as Angel Oak Mortgage Trust 2026-3 (the "Securitization"). The Review was conducted from November 2025 through May 2026 on mortgage loans originated between November 2025 and May 2026.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

● Review file documentation for required level of income and asset verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment Status

● Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly Mortgage Payment

● Confirm program, qualifying rate, terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans

● Validate all concurrent loans are included in the DTI to properly assess the ability to repay

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage Related Obligations: PITI, HOA, PMI, etc.

● Validate subject loan monthly payment (PITI) and associated obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts / Obligations

● Validate monthly recurring liabilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI and/or Residual Income

● Validate debt-to-income ratio (DTI) based upon income and debt documentation provided in the file

● Documentation meets Appendix Q requirements for QM Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit History

● Review credit report for credit history and required credit depth including any / all inquiries

● Determine representative credit score from credit report

&nbsp;&nbsp;&nbsp;&nbsp;b. Validate
loan-to-value (LTV) and combined loan-to-value

&nbsp;&nbsp;&nbsp;&nbsp;c. Review
borrower's occupancy

&nbsp;&nbsp;&nbsp;&nbsp;d. Validation
through third party resource of the subject properties most recent twelve (12) month sales history

&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm
sufficient evidence in loan file, by reviewing the underwriter's decision to approve the loan based upon the borrows income,
debt, and credit history, to support borrower's willingness and ability to repay the debt

&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm
that Final 1003 is sufficiently completed

&nbsp;&nbsp;&nbsp;&nbsp;g. Provide
Audit 1008 with accurate data based on file documentation

&nbsp;&nbsp;&nbsp;&nbsp;h. Confirm
Loan Approval conditions were met

&nbsp;&nbsp;&nbsp;&nbsp;i. Review
condominium questionnaire to verify all information is complete, prepared by an authorized representative, and address any red
flags that may deem condominium project ineligible

&nbsp;&nbsp;&nbsp;&nbsp;j. General
QM for any loans originated under the GQM Rule

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Pricing Thresholds:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Pricing
for First Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5% for a first-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Pricing
for Subordinate Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to the applicable dollar amount threshold;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a subordinate-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Pricing
for Manufactured Homes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25% for a first-lien covered transaction secured by a manufactured home with a loan amount equal to or greater than the applicable
dollar amount threshold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Consider Income and Assets:

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

○ The consumer's debt obligations, alimony, child support; and

○ The monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (103 loans in total):

Seventy-eight (78) loans had CU scores of 2.5 or less or were eligible for Collateral Rep and Warranty relief.

Six (6) loans had an AVM, eight (8) loans had Secondary Appraisals, zero (0) loans had a Field Review, and twenty-two (22) loans had a Desktop Review. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then an additional valuation product was completed. There were zero (0) instances of this.

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the 103 mortgage loans reviewed, sixty-six (66) unique mortgage loans (64.08% by loan count) had a total of one hundred seventy-nine (179) tape discrepancies across twenty-eight (28) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;43 | &nbsp;&nbsp;24.02% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;25 | &nbsp;&nbsp;13.97% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;23 | &nbsp;&nbsp;12.85% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;10 | &nbsp;&nbsp;5.59% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;9 | &nbsp;&nbsp;5.03% |
| &nbsp;&nbsp;Borrower 1 Origination Experian | &nbsp;&nbsp;8 | &nbsp;&nbsp;4.47% |
| &nbsp;&nbsp;Mo. Tax | &nbsp;&nbsp;8 | &nbsp;&nbsp;4.47% |
| &nbsp;&nbsp;Borrower 1 Origination TransUnion | &nbsp;&nbsp;8 | &nbsp;&nbsp;4.47% |
| &nbsp;&nbsp;Borrower 1 Origination Equifax | &nbsp;&nbsp;6 | &nbsp;&nbsp;3.35% |
| &nbsp;&nbsp;Cash Out Amount | &nbsp;&nbsp;5 | &nbsp;&nbsp;2.79% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;5 | &nbsp;&nbsp;2.79% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;2.23% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;4 | &nbsp;&nbsp;2.23% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;1.68% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Gross Rent | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Mo. Hazard | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;Borrower 2 Origination Experian | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Index | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Borrower 2 Origination Equifax | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Underwriting Exception in File? | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Borrower 2 Origination TransUnion | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;Grand Total | &nbsp;&nbsp;179 | &nbsp;&nbsp;100.00% |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 85 | $51914321.00 | 82.52% |
| Event Grade B | 18 | $12998965.00 | 17.48% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| Total Sample | 103 | $64913286.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| &nbsp;&nbsp;&nbsp;&nbsp;Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 90 | 87.38% |
| Event Grade B | 13 | 12.62% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 103 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results (As applicable, 57 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 57 loans within population did not receive a Compliance Review):** | **Compliance Results (As applicable, 57 loans within population did not receive a Compliance Review):** |
| &nbsp;&nbsp;&nbsp;&nbsp;Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 43 | 93.48% |
| Event Grade B | 3 | 6.52% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| Total Sample | 46 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| &nbsp;&nbsp;&nbsp;&nbsp;Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 100 | 97.09% |
| Event Grade B | 3 | 2.91% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 103 | 100.00% |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception Level Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;53 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Missing | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Credit Report Missing or Defective | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Partially Provided | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract Expiration Date is prior to Note Date | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;DSCR Minimum Not Met | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &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;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 CPA Letter Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income 2 Months Income Verified is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Overdraft/NSF Count Exceeds Tolerance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Short Term Rental Income - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Security Instrument Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Credit Event – Requirement Not Met | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Non-Subject Note Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 2 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Income - Bank Statements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Purchase Contract is Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Letter of Explanation (Credit) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Verification of Borrower Liabilities Missing or Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income 3 Months Income Verified is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;**121** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Payment shock exceeds guideline | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive Cash-Out Refinance | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit Event – Requirement Not Met | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Cash Out Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Purchase Contract Expiration Date is prior to Note Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Purchase is not considered to be an Arm's Length Transaction | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Excessive LTV Ratio | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;**15** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;32 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Initial Closing Disclosure Delivery Date Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;CA AB 260 Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Credit Score Disclosure (FACTA) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;High-Cost Mortgage Late Fee Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;High-Cost Mortgage Pre-Loan Counseling Date Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;High-Cost Mortgage Timing of Disclosure Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;**50** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;High-Cost Mortgage Points and Fees Threshold Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;**4** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;42 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Subject Property Lease - Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Condo Approval Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;**45** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Ineligible Property | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;HOA Does Not Meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;**3** |

---

**Event Grade Definitions**

---

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

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| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The loan does not substantially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;There was not sufficient documentation to perform a review or the credit file was not furnished. |

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

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

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## Exhibit 99.23

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.23**

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| 2026020004 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | XXX Compliant; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020004 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020004 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | XXX Compliant; Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing Provide the required 3rd Party VOE dated within XXX days of closing for XXX. | Document Uploaded. Uploaded XXX. | XXX | Borrower XXX 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | The Purchase Contract Expired XXX. Provide a Contract Extension to XXX. | Document Uploaded. Uploaded extension however the seller didn't sign it. Uploaded XXX. | XXX | Lender exception to accept unsigned purchase contract extension to XXX approved by investor on XXX. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020006 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | XXX Approval Missing | XXX Approval Missing. XXX approval is Missing-the Questionnaire Section XXX, is not completed. | Document Uploaded. Uploaded the XXX questionnaire. Section II appears to be completed? Let me know what is missing. thanks! | XXX | Completed XXX Questionnaire received. Condition cleared.; Material Finding | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D B | A D B | A D B | A D B | A D B | A | A | A | A | A | A |
| 2026020007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing date. The file is missing the required Verbal Verification of Employment for Borrower XXX. Provide a Verbal Verification of Employment completed within XXX days of closing. | Document Uploaded. Uploaded the work number for XXX. | XXX | Borrower XXX 3rd Party VOE Prior to Close Was Provided | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D B | A D B | A D B | A D B | A D B | A | A | A | A | A | A |
| 2026020007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) days of the closing date. The file is missing the required Verbal Verification of Employment for Borrower XXX. Provide a Verbal Verification of Employment completed within XXX days of closing. | Document Uploaded. Uploaded the work number for XXX. | XXX | Borrower XXX 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of XXX) | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D B | A D B | A D B | A D B | A D B | A | A | A | A | A | A |
| 2026020007 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D B | A D B | A D B | A D B | A D B | A | A | A | A | A | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Lender exception for missing page XXX of XXX bank statement approved by investor onXXX. |  |  | Asset Qualification Meets Guideline Requirements; Asset Qualification Does Not Meet Guideline Requirements Lender exception for missing page XXX of XXX bank statement approved by investor on XXX. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Please provide documentation showing borrowers had sufficient funds to cover all loan costs and XXX months of reserves. | Document Uploaded. Moved XXX to XXX 1003. Uploaded XXX to include exception for only having page XXX of bk stmt. Page XXX would only show a $XXX debit which is not material (balance is $XXX).; Document Uploaded. Looks like the XXX was not on the final 1003. I have added that account with $XXX balance. We have XXX months reserves (CRSE in file reflects this). | XXX | Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX.; The updated 1003 received did not reflect XXX for XXX. In addition, only page XXX of XXX of the statement was attached. Please provide an updated 1003 including #XXX and both pages of the statement. We will review if the assets are sufficient upon receipt. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Please provide documentation showing borrowers had sufficient funds to cover all loan costs and XXX months of reserves. | Uploaded to other reserves finding.; I uploaded docs to cure this to the other reserve finding. | XXX | Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); The updated 1003 received did not reflect XXX XXX. In addition, only page 1 of 2 of the statement was attached. Please provide an updated 1003 including XXX #XXX and both pages of the statement. We will review if the assets are sufficient upon receipt. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI of XXX% exceeds Guideline DTI of XXX% Guidelines require loans with an LTV over XXX% to have a maximum DTI of XXX% | Document Uploaded. Uploaded CRSE for exception to XXX% DTI.; Document Uploaded. I have added the XXX stmt to the bank stmt worksheet calculation. See 1008 and 1003s with updated income. This doesn't cure the DTI issue but it lowers the DTI closer to XXX% at XXX%. Can you please review and update your system with the adjusted DTI. Then I will see if the investor will grant an exception. Thanks! | XXX | Lender exception for DTI >XXX% approved by investor on XXX.; Audited DTI of XXX% exceeds Guideline DTI of XXX% Upon recalculation of income, the DTI of XXX% still exceeds the max of XXX% allowed. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed 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 XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. taxes and insurance were XXX. Copy of appraisal was provided to borrower. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020009 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | XXX Compliant; Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI of XXX% exceeds Guideline DTI of XXX% Per Section XXX of Lender guidelines positive rental income can be used as a wash only. Removing positive rental income resulted in a DTI of XXX% which exceeds max of XXX%. | Document Uploaded. | XXX | Lender exception to use positive rental income to qualify to resolve excessive XXX vs. as a wash approved by investor on XXX. | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020003 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Income 2 Months Income Verified is Missing | Income XXX Months Income Verified is Missing Please provide all of the Final closing disclosures and the income calculations for the other XXX simultaneous closing properties on XXX XXX. | Document Uploaded. ; Document Uploaded. Hi,<br>XXX has all the other loans and the Income on all the Loans has the same Income as this XXX; why would you need all the income calculations on the other loans? Loan #'sXXX, XXX and XXX | XXX | All REO documentation received. Condition cleared.; Thank you for providing the CD's on the simultaneous closings to document the PITI. Please provide the rental income documentation for XXX, XXX, and XXX. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | Provide a signed Purchase Contract Extension to XXX. | Document Uploaded. | XXX | Contract extension to XXX received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020011 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing Letter of Explanation (Credit) | Missing a signed statement from the borrower verifying whether additional credit was obtained with the inquiry on XXX. | Document Uploaded. | XXX | Signed inquiry LOE confirming no new debt received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020010 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 CPA Letter Missing | Borrower XXX CPA Letter Missing Guidelines require a CPA letter, Operating Agreement/Bylaws, XXX, XXX used to verify percentage of business ownership. Please provide document to verify the borrower's business ownership percentage. | Document Uploaded. | XXX | Borrower XXX XXX Letter Provided | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020018 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed 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. XXX compliant |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020061 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020013 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Lender advised to remove the XXX - pending confirmation and a letter from the borrower confirming documentation to support the full usage of these accounts. |  |  | Audited Reserves of $ are equal to or greater than XXX Required Reserves of $. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) Lender advised to remove the XXX accounts - pending confirmation and a letter from the borrower confirming documentation to support the full usage of these accounts. |  |  | Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Missing wire transfer from XXX to Settlement Agent for $XXX gift. | Document Uploaded. gift letter was updated which matches the final cd and alta statement along with wire from title | XXX | Asset Qualification Meets Guideline Requirements; Asset Qualification Does Not Meet Guideline Requirements Missing wire transfer from XXX to Settlement Agent for $XXX gift. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract is Expired | Purchase contract expired on XXX which is prior to XXX closing date. Please provide contract extension to XXX. | Document Uploaded. | XXX | Contract extension to XXX received. Condition cleared. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing Missing reverification of XXX business XXX Repair dated within XXX days of closing and XXX from B1's 3rd employer, XXX, dated within XXX days of closing. | Document Uploaded. | XXX | Borrower XXX XXX Party VOE Prior to Close Was Provided; Borrower 1 3rd Party VOE Prior to Close Missing Missing reverification of XXX business XXX dated within XXX days of closing and XXX from B1's 3rd employer, XXX, dated within XXX days of closing. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing Missing B2's VVOE with XXX Restaurants dated within XXX days of closing. | Document Uploaded. | XXX | Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX); Borrower 2 3rd Party VOE Prior to Close Missing Missing B2's XXX with XXX dated within XXX days of closing. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Payment shock of XXX% exceeded the max of XXX% for First Time Homebuyers as required per XXX. | Document Uploaded. | XXX | Lender exception for payment shock exceeding max of XXX% approved by investor on XXX.; Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Payment shock of XXX% exceeded the max of XXX% for First Time Homebuyers as required per Lender matrix. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020014 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020031 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA XXX Cure Required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery or a Valid COC. The XXX tolerance violation in the amount of $XXX is due to increase of the discount points from $XXX to $XXX on the CD dated XXX and the transfer taxes from $XXX to $XXX on the CD dated XXX without valid COC. COC dated XXX discussed change in loan amount; however, there was no disclosure in the file that was provided within XXX days of the COC. COC dated XXX does not provide valid reason for increase of transfer taxes. Loan amount increased to $XXX on LE dated XXX per disclosure tracking details. XXX dated XXX not in file. | Document Uploaded. ; Document Uploaded. | XXX | Cure package provided to the borrower; exception downgraded to a XXX; Cure package provided to the borrower; exception downgraded to a XXX; Updated cure amount to $XXX due to the increase in the transfer taxes, the transfer taxes did not increase until the final CD which is not consider to be disclosed timely; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Missing Credit Score Disclosure (XXX) | Missing Credit Score Disclosure (XXX). Documentation required to clear exception: Please provide the Credit Score Disclosure (XXX) | Document Uploaded. | XXX | XXX Credit Score Disclosure is provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Incomplete | Borrower XXX Credit Report is Partially Present. Lenders credit comparison notes a credit report dated XXX. Please provide the full credit report dated XXX for review. | Document Uploaded. | XXX | Borrower XXX Credit Report is not partially present.; CR dated XXX provided. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020032 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | B C A | C A | C A | C A | C A | C B A | B A | B A | B A | B A | B |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Lenders HOI monthly figure is incorrect on the 1008. Please update the 1008/CRSE with the correct HOI figure and return for review. | Insurance fees were rounded down XXX the amount provided. | XXX | The discrepancy was minuscule - $.XXX difference per month. Borrower's DTI ratio was way below guideline requirements. Rescinded. ; Approval/Underwriting Summary is fully present; ; Material | XXX | D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020037 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Verification of Borrower Liabilities Missing or Incomplete | The borrower has XXX additional loans closing with XXX. Final closing statements to verify the PITIA stated on the 1003 are not included in the subject file. Additionally, properties at XXX and XXX are reported to be owned F&C. A property report on each is required to confirm that the payment stated is accurate. <br>| Document Uploaded. | XXX | XXX documentation received. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020024 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020038 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020041 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Cash Out Does Not Meet Guideline Requirements | Cash Out Does Not Meet Guideline Requirements The applicable Guidelines require a minimum FICO of XXX for cash-out greater than $XXX. The Lender approved the Borrower with a XXX FICO and cash-out of $XXX based on the following compensating factors: |  |  | Cash Out Does Not Meet Guideline Requirements The applicable Guidelines require a minimum FICO of XXX for cash-out greater than $XXX. The Lender approved the Borrower with a XXX FICO and cash-out of $XXX based on the following compensating factors: | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Property | HOA Does Not Meet Guidelines | HOA Does Not Meet Guidelines The applicable Guidelines state a XXX property is ineligible if the Association has HOA fee lates greater than XXX%. The Lender approved the subject XXX property with HOA fee lates of XXX% based on the following compensating factors: |  |  | XXX Does Not Meet Guidelines The applicable Guidelines state a XXX property is ineligible if the Association has HOA fee lates greater than XXX%. The Lender approved the subject XXX property with HOA fee lates of XXX% based on the following compensating factors: | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020033 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A C | A C | A C | A C | A C | A B | A B | A B | A B | A B | A |
| 2026020036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements The Lender qualified the Borrower using XXX% of the XXX balance with Resource XXX #XXX. Please provide documentation to confirm Borrower is XXX% owner of XXX XXX to use the assets reflected on the 1003 (Tax info in file indicates Borrower is the Registered Agent, however, that does not confirm XXX% owner). Thank you. | Document Uploaded. Pls understand this was a C/Out refi and the addt'l assets in the file were not even needed; Bwr recv'd $XXX back . They have been since removed. Also note the XXX was qualified with XXX from XXX from XXX #XXX (Bwr is XXX% owner of the Company per CPA Letter) not XXX ; Document Uploaded. | XXX | Lender provided updated 1003 removing business assets that were not documented as Borrower being XXX% owner and confirmed to use cash out as the only asset for reserves. Asset Qualification Meets Guideline Requirements. Condition cleared.; XXX provided reflects an additional owner of XXX by the name of XXX. on page XXX. Please provide documentation to confirm Borrower's percentage of ownership. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Overdraft/NSF Count Exceeds Tolerance | Overdraft/NSF count exceeds tolerance. Per Lender direction, NSF and overdraft activity must be addressed for acceptability, and noted on either the Uniform Underwriting and Transmittal Summary (1008) or the Credit Risk Summary & Exception Approval (XXX). The loan file contained a letter of explanation provided by the Borrower, however, neither the 1008 nor the XXX noted the Lender reviewed NSF and overdraft activity for acceptability. | Document Uploaded. | XXX | XXX received and confirmed Overdraft/NSF count reviewed and within tolerance. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020036 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Acknowledged | XXX | Credit | Purchase is not considered to be an Arm's Length Transaction | Purchase is not considered to be an XXX Transaction Buyer and seller have the same XXX. Buyer has been renting the subject property for over XXX year from the seller. It appears that this is an XXX which was not properly disclosed. | Document Uploaded. ; Document Uploaded. | XXX | Lender exception for Non-Arms Length transaction approved by investor on XXX.; CRSE provided indicates loan closed as an Arms-Length Transaction, however, the subject is a Non-Arms Length transaction which is not allowed. Please provide a revised CRSE reflecting the corrected approved exception. Thank you. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Credit | Borrower 1 CPA Letter Missing | Borrower XXX CPA Letter Missing The CPA letter in file is not acceptable. It was prepared by a firm that does not represent the borrower and is based solely upon information provided by the borrower without audit or review. Further, it states that the borrower is XXX% owner but he does not currently hold any shares in the company. | The State of XXX does not require shares to be issued. I have both SOS in the file with the annual reports for the past XXX years to support the XXX letter | XXX | Borrower XXX XXX Letter Provided. re-reviewed the documentation provided and confirmed sufficient.; | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020023 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Curative | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020049 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income XXX Months Income Verified is Missing | Income XXX Months Income Verified is Missing Missing Mortgage statement. Please provide financing information for the property on XXX | Document Uploaded. | XXX | XXX on XXX property escrows, XXX lien reporting on credit report just received. Condition cleared.; Document Uploaded. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020049 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 XXX is Missing. Please provide all credit reports for review. | Document Uploaded. | XXX | Borrower XXX Credit Report is not missing. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020049 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020049 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 Credit Report is Missing. Missing credit report. Please provide the credit report for review. | Document Uploaded. | XXX | Borrower XXX Credit Report is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Property | Ineligible Property | The subject property is XXX acres. Per Lender guideline the maximum acreage allowed is XXX. The property is ineligible. | Document Uploaded. | XXX | Lender exception for atypical property for the area on over XXX acres approved by investor on XXX. | XXX | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020043 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX compliant- Appraisal requirement met. |  |  | XXX Compliant | XXX | Borrower has stable job time - Borrower has XXX years on job. D A C | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. The loan file does not contain the Borrower XXX Credit Report. Please provide the Borrower XXX Credit Report. | Document Uploaded. | XXX | Borrower XXX is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 Credit Report is Missing | Borrower XXX Credit Report is Missing. The loan file does not contain the Borrower XXX Credit Report. Please provide the Borrower XXX Credit Report. | Document Uploaded. | XXX | Borrower XXX is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Incomplete | Borrower XXX Credit Report is Partially Present. Upon receipt of the the Borrower's credit report, it appears we are missing a letter of explanation regarding the inquiries for XXX on XXX, and XXX on XXX. | Document Uploaded. | XXX | Borrower XXX is not partially present. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Property | Ineligible Property | The applicable Guidelines state the maximum acreage for a XXX is XXX acres. The subject Appraisal reflects the subject property is XXX acres. The loan subject property is ineligible. | Document Uploaded. | XXX | Lender exception for XXX acre parcel approved by investor on XXX. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020045 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D C | A D C | A D C | A D C | A D C | A B | A B | A B | A B | A B | A |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | High-Cost Mortgage Points and Fees Threshold Test | This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: (12 CFR §1026.32(a)(1)(ii)(A), (B))The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX. Cure required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of refund check and proof of Delivery. The following fees were included in the testing: Mortgage Broker $XXX, Loan Discount Points $XXX and Underwriting Fee $XXX<br> Please provide XXX(undiscounted rate) used in testing. | Document Uploaded. ; Document Uploaded. Hey. can this upld if accepted clear all other open conditions contained to the undiscounted rate? Please and thank you. | XXX | XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery, XXX which downgrades the exception to a XXX. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or bona fide error and prior to the institution of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (XXX) make the loan satisfy the requirements of this part; or (XXX) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage.; XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery, XXX which XXX the exception to a XXX. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or XXX error and prior to the institution of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (A) make the loan satisfy the requirements of this part; or (B) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage.; Undiscounted rate was equal to the note and discount points cannot be excluded from high cost testing. Cure required | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | High-Cost Mortgage Pre-Loan Counseling Date Test | This loan failed the high-cost mortgage pre-loan counseling date test due to XXX of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a XXX TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §1026.32; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the XXX of XXX or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the Real Estate Settlement Procedures XXX (12 U.S.C. 2604(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. Related to addressed High Cost exception |  |  | ; Loan is not longer a high cost loan; exception resolved; Loan is not longer a high cost loan; exception resolved | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | High-Cost Mortgage Late Fee Test | This loan failed the high-cost mortgage late charges test for XXX of the following reasons: (12 CFR §1026.34(a)(8)(i))The loan provides for a late payment fee in excess of XXX% of the amount of the payment past due; orA value for the late charges amount was not provided.Any late payment charge imposed in connection with a high-cost mortgage must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed XXX percent of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. Related to addressed High Cost exception | hey. i upld docs to XXX of the other high cost conditons so hopefully those docs can clear all open conditions. thank you | XXX | Loan is not longer a high cost loan; exception resolved; Loan is not longer a high cost loan; exception resolved | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b cure required. Refund in the amount of $XXX,cure package requires PCCD, LOE, Copy of Refund Check or Valid COC. The tolerance is due to increased Discount Points from $XXX to $XXX from LE XXX to CD XXX without a valid reason. | Document Uploaded. | XXX | Cure package provided to the borrower; exception downgraded to a XXX; Cure package provided to the borrower; exception downgraded to a XXX | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | High-Cost Mortgage Timing of Disclosure Test | This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: (12 CFR §1026.31(c))The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least XXX business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. Related to addressed High Cost exception |  |  | XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery, XXX which downgrades the exception to a XXX. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or XXX fide error and prior to the institution of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (XXX) make the loan satisfy the requirements of this part; or (XXX) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. ; XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery, XXX which downgrades the exception to a B. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or bona fide error and prior to the institution of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (XXX) make the loan satisfy the requirements of this part; or (XXX) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | XXX Compliant | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower XXX XXX Party VOE Prior to Close Missing The Lender requires a XXX completed within XXX (XXX) calendar days of closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX calendar days of closing. | Document Uploaded. | XXX | Borrower XXX XXX Party XXX Prior to Close Was Provided | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) calendar days of closing. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX calendar days of closing. | Document Uploaded. | XXX | Borrower 2 3rd Party XXX Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX) | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020029 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. Please provide all credit reports for borrowers. | Document Uploaded. | XXX | Borrower XXX is not missing. | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020052 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. Please provide the Borrower XXX Origination Credit Report for review. | Document Uploaded. Uploaded XXX. | XXX | Borrower XXX is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. The applicable Guidelines allow a maximum payment shock of XXX%. The Lender approved the Borrower's payment shock of XXX% based on the following compensating factors: |  |  |  |  | Borrower has stable job time - Borrower has XXX years on job. D C A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020069 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A B | A B | A B | A B | A B | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Lender is using an incorrect HOI on the 1008. Please correct the HOI amount and send the 1008/CRSE for review. | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present; Material | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C B | C B A | C B A | C B A | C B A | C A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO of XXX is less than Guideline FICO of XXX. Guidelines require a FICO of XXX+ with a cash out value of $XXX or more. | Hello, the borrowers received $XXX as cash to close in hand. Are you including the payoffs in the cash to close total which would make it higher? | XXX | FICO for cash out is based on cash "XXX". Min FICO for $XXX cash in hand is XXX, borrower's FICO is XXX. Condition rescinded. | XXX | C A B | C | A C B | C B A | C B A | C B A | C B A | C A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | Documentation required. The initial CD is missing from the loan file. The earliest CD in file is dated XXX and signed at consummation. The violation can be cured by providing initial CD as well as evidence showing the it was received by borrower within required XXX business days prior to consummation. Disclosure Summary indicates the initial CD is dated XXX. This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. | Document Uploaded. | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C B | C B A | C B A | C B A | C B A | C A | A | A | A | A | A |
| 2026020070 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job. C A | C | A C B | C B A | C B A | C B A | C B A | C A | A | A | A | A | A |
| 2026020005 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020071 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive Cash-Out Refinance | $XXX Cash to Borrower > $XXX minimum Limit | XXX: Waived via XXX |  | XXX: Waived | XXX | FICO XXX, LTV XXX%, XXX D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020071 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Short Term Rental Income - Missing or Defective | Missing short-term rental documentation to support the XXX calculation; Missing XXXshowing $XXX monthly income | XXX: XXX |  | XXX: Received | XXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020065 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020019 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020008 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020016 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Flood Insurance Missing or Defective | XXX provided is incomplete, please provide the XXX panel number and panel date | XXX: Unmapped area |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020015 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020022 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020021 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020025 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020026 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020012 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020028 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive LTV Ratio | XXX% LTV > XXX% Max allowed per guidelines for vacant property refinance. | XXX:: CRSE |  | XXX: Waived | XXX | FICO XXX, DSCR XXX, XXX months reserves B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Credit Event – Requirement Not Met | Provided credit report reflects XXX. Late Payment Dated: XXX. Per guideleines, a maximum of XXX late payments are allowed. | XXX: CRSE |  | XXX: Waived | XXX | FICO XXX, LTV XXX%, XXX months reserves B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020020 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Title Insurance Missing or Defective | Title supplemental report in file is missing mortgagee clause after lender's name and coverage amount. Please provide updated report with XXX after mortgagee clause and coverage. | XXX: Title |  | XXX: Received | XXX | C B A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020030 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020044 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Missing credit report for subject borrower: XXX. | XXX: Credit |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020042 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Missing credit report for subject borrower: XXX. | XXX: Credit |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020066 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Hazard Insurance Missing or Defective | XXX policy is missing mortgagee clause after lender's name. Please provide updated hazard policy with XXX verbiage. | XXX: Hazard |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020064 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020027 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Provided supplemental credit report in file for subject borrowers: XXX and XXX is missing Fico scores. | XXX: Credit |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020050 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020078 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020046 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Missing credit report for subject borrowers: XXX And XXX. | XXX: XXX |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020046 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Subject Property Lease - Missing or Defective | Missing property lease agreement for subject property: XXX to use $XXX as qualifying rent. As per the guidelines, please provide the lease agreement with a minimum term of XXX months. | XXX: 1007 |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020039 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020040 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020067 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Missing credit report for subject borrower: XXX | XXX: Uploaded CR. |  | XXX: Clear<br> XXX: Credit report reflects XXX XXX which exceeds guideline limits; late XXX | XXX | D B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020047 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Report Missing or Defective | Missing credit report for subject borrowers:XXX and XXX | XXX: Credit |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020082 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Title Insurance Missing or Defective | Supplemental title report in file is missing mortgagee clause and lender's name. Please provide an updated supplemental title report with XXX verbiage and lender's name. | XXX: Informational |  | XXX: Informational | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020034 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020051 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020067 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Credit Event – Requirement Not Met | Credit report reflects XXX. | XXX: CRSE |  | XXX: Waived | XXX | FICO XXX, LTV XXX, DSCR XXX B A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020053 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020048 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020054 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020059 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020058 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020068 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020553 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020055 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020057 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020056 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020554 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020060 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020017 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Property | Hazard Insurance Missing or Defective | XXX policy is missing mortgagee clause after lender's name. Please provide updated XXX with XXX verbiage | XXX: Hazard |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020035 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020556 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines Calculated income does not match the stated income on the borrowers CRSE/1003/1008. The Lender's Income Worksheet reflects $XXX Net Qualified Income, with this income being verified by audit. Please provide additional income verification or revised documents for review. | Document Uploaded. | XXX | Updated 1003, 1008, and XXX received with corrected income used to qualify. XXX and XXX Guidelines. Condition cleared. | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020556 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020556 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A C | A C | A C | A C | A C | A | A | A | A | A | A |
| 2026020547 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (XXX)/Verification of Mortgage (XXX) Document is incomplete. Upon receipt of the credit report, it appears we are missing evidence XXX payments to XXX and XXX Home Lending were paid prior to XXX. | Document Uploaded. | XXX | Verification of Rent (XXX)/XXX (XXX) Document is not partially present. The updated mortgage statements do not show any delinquent payments were required; therefore, we can confirm all payments were paid in full and on time.; ; Thank you for providing evidence of the XXX payments. Please provide documentation to confirm the XXX payments to XXX and XXX were paid prior to XXX. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020547 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. Please provide all credit reports for review, including all mortgage histories to support XXX. | Document Uploaded. | XXX | Borrower XXX is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020547 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Initial Closing Disclosure Delivery Date Test | This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"XXX" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. Documentation required. There's no evidence of the initial CD issued XXX in the loan file. | Document Uploaded. | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020547 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Lender Credits That Cannot Decrease Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA XXX cure required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, Copy of Refund Check, or initial CD. The lender credit was removed on the CD issued XXX; however, per the coc dated XXX the lender credit decreased/was removed from the missing CD issued XXX. | Document Uploaded. | XXX | Initial CD provided; exception resolved; Initial CD provided; exception resolved | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020547 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 2026020546 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | Please provide a signed Purchase Contract Extension to the closing date or beyond closing. | Document Uploaded. | XXX | Contract extension to XXX received. Condition cleared. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020546 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. Please provide all credit reports associated with the file for review. | Document Uploaded. | XXX | Borrower XXX is not missing. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020546 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. Informational Only |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Provide evidence of HOA dues and the signed final CD from the recent AO refinance of the primary residence located on XXX. Review needs to verify the PITI from the final CD and the HOA payment and that the XXX mortgage was paid off when the loan closed. If there is no HOA payment, please provide a signed statement from the borrower that the property has no HOA. | Document Uploaded. | XXX | XXX for new financing on primary residence and confirmation of lien payoff received. Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower XXX 3rd Party VOE Prior to Close Missing The Lender requires a Verbal Verification of Employment completed within XXX (XXX) calendar days. The file is missing the required Verbal Verification of Employment. Provide a Verbal Verification of Employment completed within XXX calendar days of closing. | Document Uploaded. | XXX | Borrower XXX XXX Party VOE Prior to Close Was Provided. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020063 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020544 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Lender is using the old Primary PITI payment. CD in the file with a closing date XXX for a refinance of the primary residence. Audit is using the new PITI per CD. Please update lenders 1008/CRSE with the correct and updated information. | Document Uploaded. | XXX | Corrected 1008 and CRSE received reflecting new PITI of primary residence and REO. Approval/Underwriting Summary is fully present. Condition cleared.; Material | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020544 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Income 3 Months Income Verified is Missing | Income XXX Months Income Verified is Missing New XXX mortgage for XXX property XXX on XXX. is not included in the file. Unable to verify PITI for this property. Provide final signed CD. | Document Uploaded. ; Hi, you have the proceeds from the XXX that closed for XXX XXX which was XXX?; Document Uploaded. Hi, per our system this loan didn't close its still in Conditional Approval Status. ; Document Uploaded. | XXX | Income XXX Months Income Verified is Present Or Not Applicable; Thank you for clarifying that the loan proceeds came from the refinance of the primary residence vs. #XXX. Please provide an updated 1003, 1008, and CRSE reflecting the new PITIA of the primary residence and removing AO loan #XXX for $XXX that did not close. Thank you.; The final 1003 reflects net proceeds from a secured loan in the amount of $XXX were used for funds to close in section XXX. If that loan did not close, then the file has insufficient funds to close and reserves (only XXX was listed on the final 1003). Please provide updated documentation (1003 removing loan proceeds from #XXX that were not obtained, 1008 with correct assets/reserves/DTI, CRSE for reserves/DTI, and corrected asset documentation) that were used to qualify. Upon receipt of the documentation, all assets will need to be re-reviewed for acceptability and additional conditions may apply. Thank you.; Please provide the CD for the new XXX lien on XXX #XXX with a $XXX/mo payment and balance of $XXX(only CD for XXX was received). | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020544 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Asset XXX Missing | Asset XXX Missing Please provide final signed CD for Property XXX on XXX which has a recent XXX loan XXX per Final 1003, to verify sufficient funds to close and reserves. | Document Uploaded. Hi, per our system this loan didn't close its still in Conditional Approval Status. | XXX | Lender clarified secured assets came from new refinance of primary residence vs. loan #XXX that did not close. Final CD for refinance of primary residence received. Assets updated. Condition resolved.; ; The final 1003 reflects net proceeds from a secured loan in the amount of $XXX were used for funds to close in section XXX. If that loan did not close, then the file has insufficient funds to close and reserves (only XXX was listed on the final 1003). Please provide updated documentation (1003 removing loan proceeds from #XXX that were not obtained, 1008 with correct assets/reserves/DTI, CRSE for reserves/DTI, and corrected asset documentation) that were used to qualify. Upon receipt of the documentation, all assets will need to be re-reviewed for acceptability and additional conditions may apply. Thank you. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020544 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Purchase Contract Expiration Date is prior to Note Date | Please provide a signed Purchase Contract Extension to XXX. | Document Uploaded. | XXX | Contract extension to XXX received. Condition cleared.; Material | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020544 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower XXX Credit Report is Missing. Please provide all credit reports associated with the file. | Document Uploaded. Uploaded credit report. | XXX | Borrower XXX is not missing. | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | CA AB 260 Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX XXX(a))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in theXXX.While the XXX Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020062 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML is compliant and allowed per lender's guidelines; therefore, downgraded to A. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020548 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing Income - Bank Statements | Missing the XXX and XXX statements for the XXX XXX #XXX. Please provide the missing statements for additional review. | Document Uploaded. | XXX | XXX #XXX statements for XXX and XXX received and matches what Lender used to qualify. Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020548 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Credit | Non-Subject Note Missing | Missing copy of the Note and final CD from simo closing for the XXX. Please provide the missing documents for review. | Document Uploaded. | XXX | Final CD and Note for refinance of primary residence received. Condition cleared. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020548 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020548 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020559 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Cured | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX tolerance violation in the amount of $XXX is due to increase of the appraisal fee from $XXX to $XXX and the increase of the Broker fee from $XXX to $XXX on the CD dated XXX without valid COC. COC dated XXX does not provide explanation for fee increases. COC dated XXX discusses loan amount increase and broker fee increase; however, XXX dated XXX reflected on disclosure tracking details is not in file. | Document Uploaded. ; Document Uploaded. | XXX | Cure package provided to borrower within XXX days of discovery. Exception downgraded to XXX.<br> ; Cure package provided to borrower within XXX days of discovery. Exception downgraded to XXX.<br> ; Revised CD and COC provided cleared tolerance violation for broker fee. Remaining XXX tolerance violation in the amount of $XXX is due to increase of the appraisal fee from $XXX to $XXX on CD XXX. COC in file dated XXX references the appraisal fee but does not provide a reason for the increase. Please provide a reason for the increase or Cure package. ; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020559 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing proof of P& I payment and HOA payment for REO on XXX that has a lien with XXX . Please provide provide proof of the P&I and HOA payment for review. If the property has no HOA, a signed statement from the borrower is required stating there is no HOA. | Document Uploaded. | XXX | Documentation is sufficient. Note and LOE provided. Exception resolved. | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020559 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job. A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 2026020552 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020552 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020552 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020550 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Rescinded | XXX | Credit | Payment shock exceeds guideline | Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Exception in file for Payment shock exceeding maximum XXX% - XXX<br> borrower owns a manufactured hom free&clear and pays lot rent<br> Comp factors :<br> Credit score XXX<br> DTI XXX%<br> XXX Reserves <br> LTV XXX% |  |  | Borrower owned current residence free and clear. Payment Shock does not apply per guidelines. Reversed approved exception per management.; | XXX | A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020550 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of 90% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020550 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of 90% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020565 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 2 3rd Party VOE Prior to Close Missing | Borrower 2 3rd Party VOE Prior to Close Missing. Borrower 2 3rd Party VOE missing in file. Guidelines require a VOE within XXX days of closing. Please provide a VOE dated XXX or after for review. | Document Uploaded. | XXX | Documentation is sufficient. VOE provided. Exception resolved.; Borrower XXX 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX). | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020565 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing. Borrower 1 3rd Party VOE missing in file. Guidelines require a VOE within XXX days of closing. Please provide a VOE dated XXX or after for review. | Document Uploaded. | XXX | Documentation is sufficient. VOE provided. Exception resolved.; Borrower XXX 3rd Party VOE Prior to Close Was Provided. | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020565 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020565 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | CA AB 260 Higher-Priced Mortgage Loan Test | This loan failed the XXX higher-priced mortgage loan test. (XXX, XXX Code Division 1.9 4995(a))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in the XXX.While the XXX Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX with established XXX and appraisal requirements met. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020565 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX with established XXX and appraisal requirements met. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 2026020557 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020557 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020557 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA XXX Cure required. Refund in the amount of $XXX, cure package requires a PCCD, LOE, and Copy of Refund Check.. The XXX tolerance in the amount of $XXX is due to the increased additional Appraisal fee on CD XXX. The invoice dated XXX reflects the borrower paid full amount which is more than XXX business days from redisclosure. | Pls note there is a Lender Credit for the $XXX therefore this condition is invalid? pls advise, thanks | XXX | Based on the additional information provided, the general credit is intended to satisfy the tolerance violation resulting from XXX appraisal fee addition. The update has been made in the system. Exception resolved; Based on the additional information provided, the general credit is intended to satisfy the tolerance violation resulting from XXX appraisal fee addition. The update has been made in the system. Exception resolved; The lender in section J does not list any cure verbiage therefore it cannot be used for a cure. it was disclosed as a general lender credit; | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | Higher-Priced Mortgage Loan Test | This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. XXX is compliant and allowed per lender's guidelines; therefore, downgraded to XXX. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. The CRSE reflects the Loan Program is XXX Months Bank Statements. Based on the bank statements in the file and Lender Income Worksheet the loan program is XXX Months Bank Statements. Please provide a corrected CRSE with the Loan Program reflecting XXX Months Bank Statements for review. | Document Uploaded. | XXX | Approval/Underwriting Summary is fully present | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV of XXX% exceeds Guideline LTV of XXX% The LTV is at XXX% which exceeds the XXX% maximum allowed per the matrix at XXX FICO Score. The CRSE reflects an Exception for Program-LTV, Guideline: LTV: XXX%-HALO, Actual LTV: XXX%, Rationale: Non agency exception for XXX pt, approved by the Lender on XXX. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV of XXX% exceeds Guideline HCLTV of XXX% The HCLTV is at XXX% which exceeds the XXX% maximum allowed per the XXX at XXX FICO Score. The CRSE reflects an Exception for Program-LTV, Guideline: LTV: XXX%-XXX, Actual LTV: XXX%, Rationale: Non agency exception for XXX pt, approved by the Lender on XXX. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Acknowledged | XXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV of XXX% exceeds Guideline CLTV of XXX% The CLTV is at XXX% which exceeds the XXX% maximum allowed per the XXX at XXX FICO Score. The CRSE reflects an Exception for Program-LTV, Guideline: LTV: XXX%-HALO, Actual LTV: XXX%, Rationale: Non agency exception for XXX pt, approved by the Lender on XXX. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020561 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% B A | C | A C | C A | C A | C A | C A | C B A | A B | A B | A B | A B | A |
| 2026020564 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020564 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020564 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020549 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020549 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020549 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020563 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020563 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020563 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020002 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020002 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020002 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%<br> Borrower has stable job time - Borrower has XXX years on job.<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020569 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020569 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020569 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job.<br> Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020579 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020579 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020579 |  | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXX | Resolved | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  | Informational Only | XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.<br> Borrower has stable job time - Borrower has XXX years on job. A | A | A | A | A | A | A | A | A | A | A | A | A |
| 2026020545 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Acknowledged | XXX | Credit | Excessive Cash-Out Refinance | Cash to Borrower $XXX> $XXX max limit allowed for LTVs greater than XXX%. | XXX: CRSE |  | XXX: Waived | XXX | FICO XXX, XXX months reserves, XXX B A | N/A | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A B | N/A |
| 2026020555 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | DSCR Minimum Not Met | Audit DSCR of XXX does not align with client DSCR of XXX. Monthly Breakdown: Income $XXX/ P&I $XXX+Insurance $XXX+ Taxes $XXX. XXX in file reflects monthly rental income of $XXX and tape reflects $XXX. Please opine. | XXX: CRSE |  | XXX: Received | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020551 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020560 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020558 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020562 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020570 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | DSCR Minimum Not Met | Audit DSCR of XXX does not align with client DSCR of XXX. Monthly Breakdown: Income $XXX / P&I $XXX +Insurance $XXX+ Taxes $XXX. Per guidelines, for purchase transactions, market rents from appraisal will be used to calculate the DSCR. XXX reflects monthly gross income of $XXX. Please opine. | XXX: Please see revised data tape to clear open condition. |  | XXX: Updated tape received, DSCR XXX confirmed | XXX | C A | N/A | N/A C | N/A C | N/A C | N/A C | N/A C | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020568 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020566 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Security Instrument Missing or Defective | Missing mortgage/ deed of trust and assignment of rents for subject property: XXX XXX. The mortgage/deed of trust in file does not reflect the correct borrower and property address. | XXX: Mortgage |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020584 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | Credit | Credit Event – Requirement Not Met | Missing tax documentation in file to verify the $XXX annual property taxes used in the DSCR calculation. | XXX: LOE |  | XXX: Received | XXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020567 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020571 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020001 |  | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | Closed | XXX | Cleared | XXX | No Findings | No Findings | This loan meets all applicable guidelines | XXX: Clear |  | XXX: Clear | XXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

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## Exhibit 99.24

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.24**

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| 2026020004 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020006 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020007 |  |  | XXX D | A | A | A | A | A B D | A | A | A | A | A |
| 2026020009 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020003 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020011 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020010 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020018 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020061 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020013 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020014 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020031 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020032 |  |  | XXX C | C | C | C | C | C A | B | B | B | B | B A |
| 2026020037 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020024 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020038 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020041 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020033 |  |  | XXX C | A | A | A | A | A C B | A | A | A | A | A B |
| 2026020036 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020023 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020049 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020043 |  |  | XXX D | A | A | A | A | A C D | A | A | A | A | A B |
| 2026020045 |  |  | XXX D | A | A | A | A | A C D | A | A | A | A | A B |
| 2026020029 |  |  | XXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 2026020052 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020069 |  |  | XXX D | A | A | A | A | A D B | A | A | A | A | A B |
| 2026020070 |  |  | XXX B | C | C | C | C | C A | A | A | A | A | A |
| 2026020005 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020071 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 2026020065 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020019 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020008 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020016 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020015 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020021 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020022 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020012 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020020 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2026020025 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020026 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020028 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 2026020030 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020044 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020042 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020066 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020064 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020027 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020050 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020078 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020046 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020039 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020040 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020067 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D B | N/A | N/A | N/A | N/A | N/A B |
| 2026020047 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020082 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020034 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020051 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020053 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020048 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020059 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020058 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020054 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020068 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020553 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020057 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020055 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020056 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020554 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020060 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020017 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020035 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020556 |  |  | XXX C | A | A | A | A | A C | A | A | A | A | A |
| 2026020547 |  |  | XXX D | C | C | C | C | C A D | A | A | A | A | A |
| 2026020546 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020063 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020544 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020062 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020548 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020559 |  |  | XXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 2026020552 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020550 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020565 |  |  | XXX D | A | A | A | A | A D | A | A | A | A | A |
| 2026020557 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020561 |  |  | XXX C | C | C | C | C | C A B | A | A | A | A | A B |
| 2026020564 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020549 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020563 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020002 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020569 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020579 |  |  | XXX A | A | A | A | A | A | A | A | A | A | A |
| 2026020555 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020545 |  |  | XXX B | N/A | N/A | N/A | N/A | N/A B | N/A | N/A | N/A | N/A | N/A B |
| 2026020551 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020560 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020558 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020562 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020570 |  |  | XXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 2026020566 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020568 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020584 |  |  | XXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2026020567 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020571 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 2026020001 |  |  | XXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.25

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.25**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020004 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020006 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020007 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020009 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| 2026020003 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 |  |
| 2026020011 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2026020010 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.5 |  |
| 2026020018 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020061 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| 2026020013 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| 2026020014 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0019 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0019 | XXX | 0.07 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 2026020031 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020032 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020037 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020024 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| 2026020038 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.3 |  |
| 2026020041 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020033 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | -.0860 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0860 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.6 |  |
| 2026020036 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| 2026020023 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| 2026020049 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4 |  |
| 2026020043 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2026020045 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020029 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 2026020052 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0609 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0609 | XXX | 0.02 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2026020069 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .0197 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.1 |  |
| 2026020070 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .1212 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| 2026020005 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020071 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020065 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 |  |
| 2026020019 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020008 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| 2026020016 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.6 |  |
| 2026020015 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020021 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020022 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020012 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020020 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3.18% | XXX | 3% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.2 |  |
| 2026020025 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020026 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 2026020028 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020030 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020044 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020042 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -3.08% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020066 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020064 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020027 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020050 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020078 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020046 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020039 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2026020040 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -4.63% | XXX | 7% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.3 |  |
| 2026020067 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| 2026020047 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020082 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 2026020034 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020051 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020053 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020048 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020059 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020058 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020054 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| 2026020068 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.6 |  |
| 2026020553 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020057 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020055 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020056 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020554 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020060 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020017 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 2026020035 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020556 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 2026020547 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | 1004 URAR |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 2026020546 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0496 | 1004 URAR |  |  |  |  | XXX | XXX | .0496 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 2026020063 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 2026020544 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | -.0147 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0147 | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2026020062 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2026020548 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2026020559 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| 2026020552 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020550 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.5 |  |
| 2026020565 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2026020557 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| 2026020561 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | .0050 | 1004 URAR |  |  |  |  | XXX | XXX | .0050 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| 2026020564 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| 2026020549 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | -.0829 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0829 | XXX | 0.04 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| 2026020563 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.9 |  |
| 2026020002 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| 2026020569 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020579 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| 2026020555 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1025 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | N/A |  |
| 2026020545 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020551 |  |  | XXX | XXX | XXX |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 2026020560 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020558 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020562 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| 2026020570 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0.00% | ClearCapital |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020566 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020568 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020584 |  |  | XXX | XXX | XXX |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| 2026020567 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020571 |  |  | XXX | XXX |  |  | XXX | XXX | URAR Form 1004 Form XXX | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 2026020001 |  |  | XXX | XXX |  |  | XXX | XXX | Form 1073 | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

## Exhibit 99.26

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.26**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020004 | Borrower 1 Last Name | XXX | XXX | Per Note and Mortgage. |
| 2026020004 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020004 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020006 | Cash Disbursement Date | XXX | XXX | The final CD reflects disbursement date as XXX. |
| 2026020006 | Qualifying Total Reserves Number of Months | XXX | XXX | Reserves verified by the bank statements in the file. |
| 2026020006 | Qualifying Total Debt Income Ratio | XXX | XXX | The total income discrepancy is due to a variance in income from self-employment. |
| 2026020006 | Qualifying Housing Debt Income Ratio | XXX | XXX | There is a slight income variance. |
| 2026020006 | Qualifying All Borrower Residual Income | XXX | XXX | Residual income is based on a lower verified income and using the debt from the origination credit report. |
| 2026020007 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on the most recent bank account balances from the accounts listed on the XXX, using XXX% of the stock value and earnest money is verified. |
| 2026020007 | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding. |
| 2026020007 | Qualifying All Borrower Residual Income | XXX | XXX | Tape is rounded. |
| 2026020009 | Property Type | XXX | XXX |  |
| 2026020009 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020009 | Qualifying Housing Debt Income Ratio | XXX | XXX |  |
| 2026020009 | Underwriting Exception in File? | XXX | XXX |  |
| 2026020009 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX |
| 2026020009 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX |
| 2026020009 | Qualifying FICO | XXX | XXX | Using primary wage earner per guidelines |
| 2026020009 | Borrower 1 Origination XXX | XXX | XXX | Per credit report dated XXX |
| 2026020009 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020003 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX. No other reports in file. |
| 2026020003 | Borrower 1 Origination XXX | XXX | XXX | Per credit report dated XXX. No other reports in file. |
| 2026020003 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report dated XXX. No other reports in file. |
| 2026020003 | Property Type | XXX | XXX | Per appraisal |
| 2026020003 | Qualifying Total Reserves Number of Months | XXX | XXX | Actual subject PITI is $XXX/mo greater than Lender's amount. |
| 2026020003 | Qualifying Total Debt Income Ratio | XXX | XXX | Positive rental income removed per guidelines. |
| 2026020003 | Qualifying All Borrower Residual Income | XXX | XXX | Positive rental income removed per guidelines. |
| 2026020011 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020011 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020010 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020010 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020018 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020018 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020061 | Qualifying Total Debt Income Ratio | XXX | XXX | Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports. In addition, Lender used $XXX/mo for the Borrower's departing residence, whereas the actual PITI was $XXX/mo. |
| 2026020061 | Qualifying All Borrower Residual Income | XXX | XXX | Discrepancy resulting from variance between consumer debt on early and XXX-Day credit reports. In addition, Lender used $XXX/mo for the Borrower's departing residence, whereas the actual PITI was $XXX/mo. |
| 2026020013 | Cash Disbursement Date | XXX | XXX | Per final CD |
| 2026020013 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs in the file |
| 2026020013 | Qualifying All Borrower Residual Income | XXX | XXX | rounding |
| 2026020014 | Borrower 1 Origination XXX | XXX | XXX | Per XXX credit report dated XXX |
| 2026020014 | Borrower 1 Origination Experian | XXX | XXX | Per XXX credit report dated XXX |
| 2026020014 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs in the file which match the 1008/1003 |
| 2026020014 | Qualifying Total Debt Income Ratio | XXX | XXX | Minimal discrepancy-debts taken from most recent credit report |
| 2026020031 | Qualifying Housing Debt Income Ratio | XXX | XXX | Rounding difference on the .XXX |
| 2026020031 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an updated credit report |
| 2026020031 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020032 | Qualifying Housing Debt Income Ratio | XXX | XXX | Rounding difference on the .XXX |
| 2026020032 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an alternate credit report |
| 2026020032 | Borrower 1 Origination XXX | XXX | XXX | per credit report dated XXX |
| 2026020032 | Borrower 1 Origination Experian | XXX | XXX | per credit report dated XXX |
| 2026020032 | Qualifying FICO | XXX | XXX | per credit report dated XXX |
| 2026020032 | Borrower 1 Origination Equifax | XXX | XXX | per credit report dated XXX |
| 2026020032 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an alternate credit report |
| 2026020037 | Qualifying FICO | XXX | XXX | Per credit report dated XXX |
| 2026020037 | Borrower 1 Origination XXX | XXX | XXX | Per credit report dated XXX |
| 2026020037 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX |
| 2026020037 | Qualifying Total Reserves Number of Months | XXX | XXX | XXX amount is the same as the XXX. Number of months is off due to the incorrect monthly payment |
| 2026020037 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender us using an incorrect XXX monthly figure. |
| 2026020037 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using an updated credit report |
| 2026020024 | Qualifying Total Reserves Number of Months | XXX | XXX | Nominal variance, no impact on qualification or guideline compliance |
| 2026020024 | Qualifying Total Debt Income Ratio | XXX | XXX | Nominal variance, no impact on qualification or guideline compliance |
| 2026020024 | Qualifying Housing Debt Income Ratio | XXX | XXX | Nominal variance, no impact on qualification or guideline compliance |
| 2026020024 | Qualifying All Borrower Residual Income | XXX | XXX | Nominal variance, no impact on qualification or guideline compliance |
| 2026020038 | Property Address | XXX | XXX | Same data |
| 2026020038 | Qualifying Total Debt Income Ratio | XXX | XXX | Rounding difference on the .XXX |
| 2026020038 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020041 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020033 | Borrower 1 Origination Experian | XXX | XXX | Per credit report dated XXX. |
| 2026020033 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |
| 2026020036 | Qualifying Total Reserves Number of Months | XXX | XXX | Rounding |
| 2026020036 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |
| 2026020023 | Qualifying FICO | XXX | XXX | broker v lender XXX |
| 2026020023 | Borrower 1 Origination XXX | XXX | XXX | broker v lender XXX |
| 2026020023 | Borrower 1 Origination Experian | XXX | XXX | broker v lender XXX |
| 2026020023 | Borrower 1 Origination Equifax | XXX | XXX | broker v lender XXX |
| 2026020023 | Qualifying Total Reserves Number of Months | XXX | XXX | Nominal variance, no impact on qualification or guideline compliance |
| 2026020023 | Qualifying Total Debt Income Ratio | XXX | XXX | broker v lender XXX Nominal variance, no impact on qualification or guideline compliance |
| 2026020023 | Index | XXX | XXX | calculated value outside the scope of the credit review |
| 2026020023 | Qualifying All Borrower Residual Income | XXX | XXX | broker v lender XXX Nominal variance, no impact on qualification or guideline compliance |
| 2026020049 | Qualifying All Borrower Residual Income | XXX | XXX | Borrowers XXX have a slightly higher loss than the 1003 |
| 2026020043 | Qualifying Total Reserves Number of Months | XXX | XXX |  |
| 2026020043 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender rounded up cent on income and rental XXX |
| 2026020043 | Qualifying All Borrower Residual Income | XXX | XXX | Lender rounded up cent on income and rental XXX |
| 2026020045 | Qualifying All Borrower Residual Income | XXX | XXX | Rounding. |
| 2026020029 | Borrower 1 Origination Experian | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Borrower 1 Origination Equifax | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Borrower 1 Origination XXX | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Borrower 2 Origination XXX | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Borrower 2 Origination Experian | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Borrower 2 Origination Equifax | XXX | XXX | Per credit report in the file dated XXX |
| 2026020029 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using a different credit report for liabilities |
| 2026020029 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using a different credit report for liabilities |
| 2026020052 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020069 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender's total debt was $XXX/mo less than Audit. Lender used $XXX/mo for XXX; Audit is $XXX/mo. |
| 2026020069 | Qualifying All Borrower Residual Income | XXX | XXX | Lender's total debt was $XXX/mo less than Audit. Lender used $XXX/mo for REO; Audit is $XXX/mo. |
| 2026020070 | Qualifying Total Reserves Number of Months | XXX | XXX | Lender is using an incorrect HOI amount |
| 2026020070 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using an incorrect HOI amount |
| 2026020070 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender is using an incorrect HOI amount |
| 2026020070 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020012 | Qualifying FICO | XXX | XXX | Using credit report dated XXX. |
| 2026020020 | Gross Rent | XXX | XXX | Using 1007 "XXX" |
| 2026020020 | Mo. Tax | XXX | XXX | Tax record in file reflects $XXX annual taxes. |
| 2026020020 | DSCR | XXX | XXX | Rent differs. |
| 2026020021 | Mo. Tax | XXX | XXX | Taken from title |
| 2026020021 | LTV | XXX | XXX | $XXX/$XXX |
| 2026020021 | Cash Out Amount | XXX | XXX | CD dated XXX reflects $XXX |
| 2026020021 | Months Reserves | XXX | XXX | XXX reflects $XXX, utilizing XXX% of XXX K account and cash out of $XXX |
| 2026020025 | Months Reserves | XXX | XXX | XXX reflects $XXX vested balance, using XXX% |
| 2026020028 | Mo. Tax | XXX | XXX | Title reflects $XXX annual taxes. |
| 2026020028 | DSCR | XXX | XXX | Tax amount differs. |
| 2026020028 | Months Reserves | XXX | XXX | Using cash out amount from CD |
| 2026020034 | Gross Rent | XXX | XXX | 1007 reflects $XXX market rent |
| 2026020034 | DSCR | XXX | XXX | Income $XXX/ P&I $XXX +Taxes $XXX +Ins $XXX |
| 2026020047 | Mo. Tax | XXX | XXX | Adding county and school taxes. |
| 2026020048 | Months Reserves | XXX | XXX | XXX #XXX reflecting $XXX, XXX #XXX reflecting $XXX, XXX #XXX reflecting $XXX, XXX reflecting $XXX, XXX reflecting $XXX |
| 2026020050 | Mo. Hazard | XXX | XXX | Off by XXX |
| 2026020050 | Mo. Tax | XXX | XXX | Tax bill in file reflects $XXX annual taxes. |
| 2026020053 | Months Reserves | XXX | XXX | Taking $XXX from 1031 exchange |
| 2026020056 | Cash Out Amount | XXX | XXX | CD dated XXX reflects $XXX |
| 2026020082 | Mo. Tax | XXX | XXX | Tax record in file reflects $XXX annual taxes. |
| 2026020082 | Months Reserves | XXX | XXX | Utilizing XXX% XXX account. |
| 2026020064 | DSCR | XXX | XXX | Income $XXX/ P&I $XXX, Taxes $XXX, Ins $XXX |
| 2026020064 | Months Reserves | XXX | XXX | XXX #XXX reflects $XXX |
| 2026020066 | Cash Out Amount | XXX | XXX |  |
| 2026020066 | Months Reserves | XXX | XXX |  |
| 2026020067 | Months Reserves | XXX | XXX | Utilizing XXX% of XXX account #XXX |
| 2026020017 | Mo. Hazard | XXX | XXX |  |
| 2026020556 | Initial Monthly P&I Or IO Payment | XXX | XXX | Payment is calculated XXX YR term qualified at XXX YR AM full XXX Payment |
| 2026020556 | Qualifying Total Debt Income Ratio | XXX | XXX | Documents in the file calculate a lesser income than borrower stated on the 1003/1008. |
| 2026020556 | Qualifying Housing Debt Income Ratio | XXX | XXX | Documents in the file calculate a lesser income than borrower stated on the 1003/1008. |
| 2026020556 | Qualifying All Borrower Residual Income | XXX | XXX | Documents in the file calculate a lesser income than borrower stated on the 1003/1008. |
| 2026020547 | Cash Disbursement Date | XXX | XXX | Compliance entry. |
| 2026020547 | Qualifying Total Reserves Number of Months | XXX | XXX | Per asset docs in the file and matches the lenders CRSE |
| 2026020547 | Qualifying All Borrower Residual Income | XXX | XXX | REO property has a slightly higher loss per documents in the file |
| 2026020546 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020063 | Qualifying Total Reserves Number of Months | XXX | XXX | Using lender's more conservative insurance payment, using the PITIA from the F1003 for the primary payment and using the HOA payment per the primary appraisal in the file. |
| 2026020063 | Qualifying Total Debt Income Ratio | XXX | XXX | CD from Primary Residence refinance was missing from the loan file, UW used the debts listed on the F1003 for the new primary payments. Using the Lenders more conservative HOA payment, using and using debts from the XXX credit report. |
| 2026020063 | Qualifying Housing Debt Income Ratio | XXX | XXX | CD from Primary Residence refinance was missing from the loan file, UW used the payment from the XXX mortgage statement in file. Using the debts from the credi report dated XXX. |
| 2026020063 | Qualifying All Borrower Residual Income | XXX | XXX | Primary-using the debts from the F1003 since the new AO terms are not documented. |
| 2026020544 | Qualifying Total Reserves Number of Months | XXX | XXX |  |
| 2026020544 | Qualifying Housing Debt Income Ratio | XXX | XXX | Lender is using the old Primary XXX payment. CD in the file for a refinance of the primary residence. |
| 2026020544 | Qualifying Total Debt Income Ratio | XXX | XXX | Lender is using the old Primary XXX payment. CD in the file for a refinance of the primary residence. |
| 2026020544 | Qualifying All Borrower Residual Income | XXX | XXX | Lender is using the old Primary XXX payment. CD in the file for a refinance of the primary residence. |
| 2026020062 | Cash Disbursement Date | XXX | XXX | Compliance entry |
| 2026020062 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on the most recent bank statement balances from the accts listed on the XXX. |
| 2026020062 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020548 | Qualifying Total Reserves Number of Months | XXX | XXX | Updated XXX bank statement balance. |
| 2026020548 | Qualifying All Borrower Residual Income | XXX | XXX | True Data residual income is lower due to calculating a higher primary residence payment. |
| 2026020559 | Initial Monthly P&I Or XXX Payment | XXX | XXX | Initial P&I |
| 2026020559 | Qualifying Total Reserves Number of Months | XXX | XXX | Only using cash out as reserves |
| 2026020559 | Qualifying Total Debt Income Ratio | XXX | XXX | Variance from XXX income. |
| 2026020559 | Qualifying All Borrower Residual Income | XXX | XXX | Variance from XXX income. |
| 2026020552 | Qualifying All Borrower Residual Income | XXX | XXX | True Data is the actual figures. Tape Data is rounded. |
| 2026020550 | Qualifying LTV | XXX | XXX | Matches 1008 - rounded up |
| 2026020550 | Qualifying CLTV | XXX | XXX | Matches 1008 - rounded up |
| 2026020550 | Qualifying All Borrower Residual Income | XXX | XXX | Matches 1008 - removed cents |
| 2026020565 | Originator Doc Type | XXX | XXX | Same data |
| 2026020565 | Qualifying Total Reserves Number of Months | XXX | XXX | Per cash out and matches lenders CRSE |
| 2026020565 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020557 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded data |
| 2026020561 | Originator Doc Type | XXX | XXX | Originator Doc Type is XXX month bank statement. |
| 2026020561 | Borrower 1 Origination Equifax | XXX | XXX | B1OriginationXXX |
| 2026020561 | Borrower 1 Origination XXX | XXX | XXX | B1XXX XXX |
| 2026020561 | Qualifying Total Reserves Number of Months | XXX | XXX | Based on the verified assts from the accts listed on the Final 1003. |
| 2026020564 | Qualifying Total Reserves Number of Months | XXX | XXX | Qualifying Total Reserves Number of Months-XXX |
| 2026020564 | Qualifying All Borrower Residual Income | XXX | XXX | Qualifying All Borrower Residual Income-XXX |
| 2026020549 | Qualifying Total Reserves Number of Months | XXX | XXX | per statements in file |
| 2026020549 | Qualifying Housing Debt Income Ratio | XXX | XXX | per primary residence housing documentation |
| 2026020549 | Qualifying Total Debt Income Ratio | XXX | XXX | per documentation in file |
| 2026020549 | Qualifying All Borrower Residual Income | XXX | XXX | per income documentation |
| 2026020002 | Qualifying Total Reserves Number of Months | XXX | XXX | Rounding |
| 2026020002 | Qualifying All Borrower Residual Income | XXX | XXX | Residual income is based on re-verified income and debts. |
| 2026020569 | Qualifying Total Reserves Number of Months | XXX | XXX | Assets listed by lender are not in the file. |
| 2026020569 | Qualifying All Borrower Residual Income | XXX | XXX | Rounded figure |
| 2026020579 | Qualifying All Borrower Residual Income | XXX | XXX | Update as per Lender Guidelines |
| 2026020545 | Cash Out Amount | XXX | XXX | CD dated XXX reflects $XXX |
| 2026020555 | Mo. Tax | XXX | XXX | Adding county and city taxes. |
| 2026020566 | Mo. Tax | XXX | XXX |  |
| 2026020571 | Cash Out Amount | XXX | XXX | CD dated XXX reflects $XXX |
| 2026020584 | Property Type | XXX | XXX |  |

---

## Exhibit 99.27

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.27**

![](ex9927001.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-3**

**<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 8 loans acquired by Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review was performed from December 2025 through March 2026 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 8 loans for an aggregate original principal balance of $7,789,000.00.

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, October 1, 2025 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, February 2, 2021 |

---

**Data integrity, review scope and methodology**

**Data Integrity –** Incenter Diligence performed a data integrity analysis by comparing the information in the loan file against the data tape supplied by the Client to ascertain accuracy and completeness. All discrepancies are reported on the Data Comparison Report.

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**

![](ex9927001.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, 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.

Page **2** of **18**

![](ex9927001.jpg)

**An evaluation of Qualified Mortgage and Appendix Q requirements, if applicable** – Based on the information provided, Incenter Diligence will review each loan to determine that it satisfies all requirements for a Qualified Mortgage, if designated as such, including an evaluation of points and fees, risk factors associated with the loan terms, re-calculation of debt to income and a review of all income and assets.

**Credit, Income, Assets and Employment** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate that the appropriate employment and income documentation, such as pay stubs, tax transcripts,
and bank statements, was provided and used to accurately qualify the borrower according to guidelines. Recalculate the borrower's
income and debt to determine the appropriate debt to income ratio in accordance with the guidelines. Validate borrower's
employment history and confirm that the appropriate income and assets were used to qualify. Make a reasonable assessment of whether
there are any indications that income documentation may be fraudulent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Validate that assets used to qualify the borrower match the documentation in the file and the information
used to calculate down payment, closing costs, and reserves meet program guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review exceptions, compensating factors and underwriter comments, if available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review program guidelines against the loan approval for discrepancies such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Employment requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Income requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Asset requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review the loan approval against all supporting documentation and loan application to verify accuracy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the initial loan application against the final loan application or other loan applications
found in the file to validate the application was signed and properly completed and to expose discrepancies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Confirm that credit report(s) and verification of mortgage or rental history, when required, have
been provided for all borrowers/guarantors, are consistent with loan approval, and meet guideline requirements. Verify whether
any fraud alerts are listed on the credit reports and make a reasonable assessment of whether the borrower's profile adheres
to applicable guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Review the loan file for inconsistencies based on information derived from source documentation
provided in the loan file, for the purposes of identifying misrepresentations contained in the loan file, including with respect
to occupancy and mortgage liabilities.

**Occupancy, Taxes, Title and Insurance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review source documents for consistency with regard to subject property occupancy intent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Review the title report for possible judgments and other liens that may have existed upon origination;
verify chain of title, as required by guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify and validate the file contains sufficient property insurance coverage as required by guidelines;
confirm property insurance policy contains appropriate mortgagee clause. For subject properties located in a Special Flood Hazard
Area where flood insurance is required, verify and validate the file contains sufficient flood insurance coverage as required by
guidelines and that flood insurance policy contains appropriate mortgagee clause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review property details on appraisal including a review for ineligible properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that Business Purpose Affidavit and Occupancy Affidavit, if applicable, were executed by
the borrowers/guarantors and confirm that document addresses are consistent with subject property address and do not match the
primary residence address.

Page **3** of **18**

![](ex9927001.jpg)

**Underwriting Conformity (<u>Business Purpose/DSCR</u>)**

For each loan, Incenter Diligence validated conformance to Client supplied and program requirements and noted any exceptions. Unless otherwise directed by the Client, no regulatory compliance review was performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Validate Conformance to Product Type and Eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Financing Terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Loan Product

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Seasoning

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Geographic Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. LTV/CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Transaction Types: Verify Conformance with Business Purpose Loan Requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Business Purpose Affidavit – verify signed Borrower Statement of Business Purpose is present
in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Non-Owner Occupancy – verify Occupancy certification is present in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Validate that there is no information in the loan that contradicts occupancy type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Review Debt Service Coverage Ratio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Review Cash Flow and Expense Factor

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Review Hazard/Flood Insurance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review preliminary Title Report/Commitment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Credit Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Validate documentation requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Verify acceptable Residency Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Review credit reports used to qualify borrower, as well as consumer credit history/charge offs/collections,
and cite any exceptions or unusual findings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Evaluate credit scores and tradelines against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Evaluate other debt obligations (alimony, child support, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. If required, verify that a 3rd party fraud report (DataVerify, etc.) is contained in the loan file
and review findings to confirm all deficiencies were resolved

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Evaluate borrower's mortgage/rental payment history using credit reports or other information
supplied in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Verify that all judgements/liens/tax liens have been satisfied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Verify that any bankruptcy, foreclosure or forbearance activity is in accordance with guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Perform a review of all asset information supplied in the loan file against guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Evaluate borrowers' asset utilization and verify sufficient liquid assets to supplement income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Perform a rental income analysis using the information supplied in the loan file as per the guidelines

**Property Valuation Review (Standard Residential and Business Purpose/DSCR Loans)**

Incenter Diligence reviewed all loans to validate the original appraisal report was provided in the loan file and that it is substantially complete. The evaluation will include the following components:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Review the original appraisal report to ensure the valuation was performed by a licensed appraiser
and in accordance with guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify subject property type meets applicable guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Note any exceptions to stated value or appraisal guidelines,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Verify value used to calculate LTV/CLTV and note any deviations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify that the loan and property data within the appraisal report matches the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Review the appraisal report to ensure report value is "as is" or, if report is "subject
to", that there is an associated completion report resolving all noted issues, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Review additional valuation products in the file; if there is a variance greater than 10% below
the appraisal value, Client will be notified and an additional independent valuation product will be obtained as requested.

Page **4** of **18**

![](ex9927001.jpg)

**Regulatory Compliance Review (Standard Residential Loans Only, Unless Otherwise Requested)**

Incenter Diligence's Regulatory Compliance analysis is intended to expose certain potential risk associated with the loans examined. It is strictly limited to the review scope outlined below and is based solely on the accuracy of the documentation and data supplied by the Client or other agreed upon third parties. The review findings are not guaranteed to encompass all critical elements related to the underwriting, origination or regulatory compliance status of the loans examined. Further, the findings are not to be construed as guidance on future indicators of positive or negative performance.

Incenter Diligence will perform a review of all loans supplied by the Client to verify all documentation provided is complete and complies with all applicable federal and state regulatory requirements, in addition to following the RMBS 4.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (now the Structured Finance Association or "SFA") (the "SFIG Compliance Review Scope"), as amended from time to time, and the advice of outside counsel. As it relates to TILA-RESPA Integrated Disclosures ("TRID") testing, Incenter Diligence works with outside counsel on an ongoing basis to understand and interpret compliance regulations based on recent guidance by the Consumer Financial Protection Bureau (the "CFPB") that has created deviations in the TRID review scope and related exceptions/cures. The TRID-related review scope, outlined below and not performed for investment properties, will continue to be amended where appropriate as future guidance and rules are published. Incenter Diligence's conclusions are representative of best efforts to identify material risks and exceptions associated with each loan based on interpretation of the continually evolving regulations. Incenter Diligence maintains an active dialogue with outside counsel, Clients, Rating Agencies, SFA and other parties when interpreting compliance regulations and amending the review scope to accurately expose the risk associated with a loan. However, no guaranties can be made that the Review includes all areas of risk that may be present in the Transaction. In addition to the foregoing, Incenter Diligence utilizes nationally recognized integrated compliance analyzer tools.

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

Incenter Diligence reviews each loan to validate compliance with the following federal and state regulatory requirements, whenever applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.** **Truth In Lending Act - 12 CFR §1026 ("TILA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal TILA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Finance Charge Test (12 CFR §1026.18(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It is understated by no more than $100; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Rescission Finance Charge Test (12 CFR §1026.23(h)(2)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. It is understated by no more than $35; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. It is greater than the amount required to be disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rescission Total of Payments Test ((12 CFR §1026.23(h)(2)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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))

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. APR Test 12 CFR (§1026.22(a)(2), (4))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosed annual percentage rate (APR) is considered accurate because it is not more than 1/8
of 1 percentage (for regular transactions) or 1/4 of 1 percentage (for irregular transactions) point above or below the APR as
determined in accordance with the actuarial method; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The disclosed APR results from the disclosed finance charge, and the disclosed finance charge is
considered accurate under §1026.18(d)(1) (the finance charge test), or for purposes of rescission the disclosed finance charge
is considered accurate under §1026.23(g) or (h) (the rescission finance charge test or the foreclosure rescission finance
charge test), whichever applies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Right of Rescission Test (12 CFR §1026.23(a)(3), §1026.15(a)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The funding date is not before the third business day following consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The consumer may exercise the right to rescind until midnight of the third business day following
consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate Right of Rescission Notice was provided, and the correct form was used

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Dual Broker Compensation Test (12 CFR §1026.36(d)(2))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling, no loan originator shall receive compensation, directly or indirectly, from any other person other than
the consumer in connection with the transaction for loan origination activities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Loan Originator Credits Test (12 C.F.R. §1026.36(d)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Test that the initial disclosure (GFE/TIL/LE) does not contain any broker fees paid by the broker

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Financing of Single Premium Credit Insurance Test (12 CFR §1026.36 (i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in
connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's
principal dwelling)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. TIL Disclosure (Pre-TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. TIL Disclosure Date Test (12 CFR §1026.17(b),1026.19(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is a mortgage transaction subject to the Real Estate Settlement Procedures Act (12 U.S.C.
§2601 et seq.) that is secured by the consumer's dwelling; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The initial TIL disclosure date is not later than the third business day (counting days on which
the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives
the consumer's written application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. The initial TIL disclosure date is not later than the seventh business day (counting all calendar
days except Sunday and specified legal public holidays) before consummation of the transaction, or the application date of the
loan is before July 30, 2009; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. The loan is a "residential mortgage transaction" subject to the Real Estate Settlement
Procedures Act (12 U.S.C. §2601 et seq.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. The initial TIL disclosure date is before consummation or three business days after the creditor
receives the consumer's written application, whichever is earlier; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Test the final TIL disclosure and any re-disclosed TIL(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The final TIL disclosure is properly executed; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. The final TIL disclosure and any re-disclosed TIL(s) is properly completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. TILA RESPA Integrated Disclosures (TRID)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Initial Loan Estimate Delivery Date Test (from application) (12 CFR §1026.19(e)(1)(iii)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i)
(provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Initial Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(1)(iii)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i)
(provision of loan estimate form) not later than the seventh business day before consummation of the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan Estimate (12 CFR §1026.19 and 37)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections of the disclosure determined to carry assignee liability were accurately
completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify final Loan Estimate was provided to borrower prior to the Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Written List of Service Providers (SSPL) Disclosure Date Test (12 CFR §1026.19(e)(1)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer
with a written list identifying available providers of that settlement service and stating that the consumer may choose a different
provider for that service. The creditor must identify at least one available provider for each settlement service for which the
consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the
disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Revised Loan Estimate Delivery Date Test (prior to consummation) (12 CFR §1026.19(e)(4)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i)
on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive
a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation.
If the revised version of the disclosures required under §1026.19(e)(1)(i) is not provided to the consumer in person, the
consumer is considered to have received such version three business days after the creditor delivers or places such version in
the mail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Valid Change of Circumstances Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The changed circumstance(s) form was provided and the reason for re-disclosure is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Changed circumstance affecting settlement charges; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Changed circumstance affecting eligibility; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Revisions requested by the consumer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Expiration of initial loan estimate; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Delayed settlement date on a construction loan for new construction transactions only; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. The date the rate was set was not provided and interest rate dependent charges change once the
interest rate is locked; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The reason for re-disclosure is "Decrease in charges affecting settlement or eligibility,
a consumer-requested revision, or other non-tolerance-related re-disclosure;" or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The initial loan estimate was not delivered timely

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Initial Closing Disclosure Delivery Date Test (12 CFR §1026.19(f)(1)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i)
no later than three business days before consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Closing Disclosure Test (12 CFR §1026.19 and 38)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify applicable sections of the disclosure determined to carry assignee liability were accurately
completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Revised Closing Disclosure Delivery Date Test (waiting period vs. no waiting period required) (12
CFR §1026.19(f)(2)(i) & (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation,
the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the
corrected disclosures at or before consummation

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the consumer determines that the extension of credit is needed to meet a bona fide personal
financial emergency, the consumer may modify or waive the three-business-day waiting period for the revised closing disclosure
after receiving the disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. TRID Tolerance Testing - Charges That Cannot Increase Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge
paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. TRID Tolerance Testing - Charges That in Total Cannot Increase More Than 10% Test (12 CFR §1026.19(e)(3)(ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The aggregate amount of charges for third-party services and recording fees paid by or imposed
on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. TRID Tolerance Testing - Lender Credits That Cannot Decrease Test (12 CFR §1026.19(e)(3)(i))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge
paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. TRID Reimbursement Amount Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. TRID Reimbursement Date Test (12 CFR §1026.19(f)(2)(v))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts
specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess
to the consumer no later than 60 days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Disclosure of Escrow Account (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the loan indicates an escrow account will be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); §1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4),(5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed in Section G – Initial Escrow Payment and Closing are accurate
(§1026.37(g)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Verify all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the loan indicates an escrow account will not be established

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify all amounts disclosed in the Projected Payments Table are accurate (§1026.38(c); (§1026.37(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify all amounts disclosed in the Estimated Taxes, Insurance and Assessments (ETIA) are accurate
(§1026.37(c)(4), (5))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify all amounts disclosed in the Escrow Account Section are accurate (§1026.38(l)(7))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Disclosure of Seller Paid Closing Costs (§1026.38(t)(5)(v)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. In transactions involving a seller, validate whether the lender disclosed all costs being paid
by the seller on the borrowers Closing Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If seller paid fees are present on the borrower's Closing Disclosure, review the seller's
Closing Disclosure or alternative documentation for accuracy of disclosure

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;q. Post-consummation Event and Revised Closing Disclosure Delivery Date Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The post-consummation revised closing disclosure delivery date is not more than 60 calendar days
after the consummation date, or closing / settlement date if no consummation date was provided; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The provided reimbursement date is not more than 60 calendar days after the consummation date,
or closing / settlement date if no consummation date was provided

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;r. Non-numeric Clerical Error and Post-consummation Revised Closing Disclosure Delivery Date Test
(12 CFR §1026.19(f)(2)(iv))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A creditor does not violate §1026.19(f)(1)(i) if the disclosures provided under §1026.19(f)(1)(i)
contain non-numeric clerical errors, provided the creditor delivers or places in the mail corrected disclosures no later than 60
days after consummation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;s. Loan Calculation Test on the Closing Disclosure (12 CFR §1026.38))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Amount Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Total of Payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Total Interest Percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Qualified Mortgage / Ability To Repay – Dodd Frank

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Classification of QM designated loan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Validate whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage
loan's actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable
percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Determination of conformity thresholds (Safe Harbor or Rebuttable Presumption)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Negative Amortization Loan (12 CFR 1026.43(e)(2)(i)(A))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that a qualified mortgage is a covered transaction that provides for regular periodic payments
that are substantially equal and any interest rate change after consummation, along with the corresponding payment, does not result
in an increase of the principal balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Interest Only Loan (12 CFR 1026.43(e)(2)(i)(B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that no qualified mortgage loan allows the consumer to defer repayment of principal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Balloon Payment Loan (12 CFR 1026.43(e)(2)(i)(C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify that no qualified mortgage results in a ballon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Loan Term (12 CFR 1026.43(e)(2)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A qualified mortgage is a covered transaction for which the loan term does not exceed 30 years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Points and Fees (12 CFR §1026.43(e)(3))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees do not exceed the qualified mortgage points and fees threshold

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. DTI (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The ratio of the consumer's total monthly debt to total monthly income at the time of consummation
does not exceed 43 percent, calculated in accordance with Appendix Q

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For Fannie Mae and Freddie Mac, however, the revised QM rules become mandatory on July 1, 2021,
meaning that the QM Patch effectively terminates on July 1, 2021—and that all loans sold to Fannie and Freddie must comply
with the revised QM rules, effective July 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. For creditors not selling loans to Fannie Mae and/or Freddie Mac, loans underwritten from March 1, 2021 until October 1, 2022
will continue to apply the legacy QM rules; however, commencing July 1, 2021, legacy QM loans must be underwritten to Appendix
Q and NOT to the QM Patch.

<br> 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.

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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;iv. Client is required to advise regarding which application of QM/DTI or QM/APR rule for loans with
application dates between 03/01/2021 and 10/01/2022 for the proper evaluation of QM.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Loans underwritten after 10/1/2022 will be reviewed following the revised QM (QM 2.0) rules,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. APR (12 CFR §1026.43(e)(2)(vi))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan APR is not to exceed the APOR plus percentage threshold, calculated according to 12 CFR
§1026.43(e)(2)(vi). With a QM/APR optional test period for loans with application dates between 03/01/2021 and 10/01/2022
and mandatory compliance and testing for loans after 10/01/2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The APR on the loan does not exceed the threshold for the loan amount:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For a first-lien loan with a loan amount greater than or equal to $110,260 (indexed for inflation),
2.25 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For a first-lien loan with a loan amount greater than or equal to $66,156 (indexed for inflation),
but less than $110,260 (indexed for inflation), 3.5 or more percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For a first lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or more
percentage points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For a subordinate-lien loan with a loan amount great than or equal to $66,156 (indexed for inflation),
3.5 or more percentage points; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For a subordinate-lien loan with a loan amount less than $66,156 (indexed for inflation), 6.5 or
more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Revised QM (QM 2.0)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. QM/DTI test will cease as of application dates on or after 10/01/2022

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In addition to the Generally Applicable Factors above, all Revised QM loans must meet the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Monthly Payment. The amount of the monthly payment on the loan is calculated using the maximum
rate that may apply during the first five years and considers the monthly payment for simultaneous loans and mortgage obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Consider and Verify. The creditor considers and verifies the consumer's current or expected
income and assets and debt and his DTI or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. As part of the "consider" requirement, Incenter Diligence will review the (i) creditor's
policies and procedures provided by Client, as well as any exceptions thereto, for how the creditor takes into account the underwriting
factors enumerated above, and (ii) the documentation retained by creditor, such as an underwriting worksheet or a final automated
underwriting system certification, showing how the creditor took these factors into account in its ability-to-repay determination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Consider and Verify Safe Harbor (VSH). Creditor is deemed to have complied with this "verify"
requirement if it complies with the verification standards in one or more of these following agency manuals:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020
including all subsequent updates; Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published
June 10, 2020 including all subsequent updates;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February
22, 2019 including all subsequent updates;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. For purposes of compliance with VSH, a creditor must comply with only those provisions in the manuals
that require creditors to verify income, assets, debt obligations, alimony and child support using specified documents or to classify
and count particular inflows, property, and obligations as income, assets, debt obligations, alimony, and child support.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Revised versions of manuals. A creditor also complies with the verification safe harbor where it
complies with revised versions of the manuals listed above provided that the two versions are "substantially similar".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;n. The QM 2.0 Rule permits the creditor to "mix and match" verification standards from
different agency manuals. Incenter Diligence will test the creditor's "verification" of third- party records
in instances when the creditor either uses (i) its own procedures or alternatively, (ii) the verification standards of one or more
of the agency handbooks listed above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o. Note: the Client must provide written policies and procedures and related documentation such as
underwriter worksheets in order for Incenter Diligence to review loans under the QM 2.0 Rules, and in particular, with regard to
the "consider" and "verify" requirements. Further, if the Client intends to use the VSH, its written policies
and procedures must specify the precise agency handbook(s) that it is relying on with specific references to the particular provisions
addressing income, assets, debt obligations, alimony and child support using specified documents or to classify and count particular
inflows, property, and obligations as income, assets, debt obligations, alimony, and child support—as well as the specific
date(s) of the agency handbook(s) issuance, publication or revision. In addition, Incenter Diligence is not responsible for determining
whether revised versions of the manuals listed above are "substantially similar" for purposes of the VSH; such a determination
of the sole responsibility of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;p. Note: due to the inherent subjectivity of the foregoing "consider" and "verify"
requirements, Incenter Diligence will review the Client's: (i) policies and procedures and worksheets and (ii) methods and
criteria for verification of income and assets (regardless of whether the "safe harbor" is utilized) for content only,
and will not opine whether such policies and procedures, worksheets and verification methods and criteria themselves comply with
applicable law, and cannot guarantee that a court, governmental regulator, rating agency or another third party diligence provider
would reach the same conclusions using such work product.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment Penalty (12 CFR 1026.43(g))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A covered transaction must not include a prepayment penalty unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The prepayment penalty is otherwise permitted by law; and the transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Has an annual percentage rate that cannot increase after consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Is a qualified mortgage under paragraph (e)(2), (e)(4), or (f) of this section; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Is not a Higher Priced Mortgage Loan, as defined in § 1026.35(a)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Home Ownership and Equity Protection Act – HOEPA (Sections 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Federal HOEPA coverage (12 CFR §1026.32(a)(1)(i), (ii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Tests that the loan is/is not secured by the consumer's principal dwelling; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Tests that the loan is/ is not an open-end credit plan; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. That the application date of the loan occurs before/after the effective date of October 1, 1995;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. That the date the creditor received application occurs on or after January 10, 2014, the effective
date of the High-Cost Mortgage amendments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High-Cost Mortgage APR threshold test (12 CFR §1026.32(a)(1)(i)(A), (C))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan is secured by a first-lien transaction, and the annual percentage rate (APR) does not
exceed the Average Prime Offer Rate by more than 6.5%; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The loan is a subordinate-lien transaction, and the annual percentage rate (APR), does not exceed
the Average Prime Offer Rate by more than 8.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. High-Cost Mortgage Points and Fees Threshold Test (12 CFR §1026.32(a)(1)(ii)(A), (B))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The total points and fees do not exceed allowable limits per the given loan amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. High-Cost Mortgage Prepayment Penalty Threshold Test (12 CFR §1026.32(a)(1)(iii))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The loan contract or open-end credit agreement does not allow the creditor to charge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. A prepayment penalty more than 36 months after consummation or account opening; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Prepayment penalties that can exceed, in total, more than 2 percent of the amount prepaid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. High-Cost Mortgage (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. High-Cost Mortgage Repayment Ability Test (12 CFR §1026.34(a)(4), 1026.43)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Other high-costs tests pursuant to (12 CFR §1026.32(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing of disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Balloon payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Negative amortization

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Prepayment penalty

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Pre-loan counseling

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Late charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Grace period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Financing of points and fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Higher Priced Mortgage Loan – HMPL (12 CFR §1026.35)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Higher Priced Mortgage Loan tests (12 CFR §1026.35(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Higher Priced Mortgage Loan required escrow account test (12 CFR §1026.35(b))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Higher Priced Mortgage Loan required appraisal test (12 CFR §1026.35(c))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Prohibited Acts – Brokers Comp

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Broker Compensation Test (12 CFR §1026.36(d)(2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If any loan originator receives compensation directly from a consumer in a consumer credit transaction
secured by a dwelling:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. No loan originator shall receive compensation, directly or indirectly, from any person other than
the consumer in connection with the transaction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No person who knows or has reason to know of the consumer-paid compensation to the loan originator
(other than the consumer) shall pay any compensation to a loan originator, directly or indirectly, in connection with the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Nationwide Mortgage Licensing System (NMLS) Tests (12 CFR §1026.36)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. verify the data against the NMLSR database, as available

Page **12** of **18**

![](ex9927001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Real Estate Settlement Procedures Act – 12 CFR §1024 ("RESPA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Federal RESPA

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Homeownership Counseling Organizations Disclosure Date Test (12 CFR §1024.20(a))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not later than three business days after a lender, mortgage broker, or dealer receives an application,
or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written
list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The list of homeownership counseling organizations distributed to each loan applicant under this
section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Good Faith Estimate Disclosure Test (12 CFR §1024.7)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Not later than 3 business days after a loan originator (broker or lender) receives an application
for a federally related mortgage loan, or information sufficient to complete an application, the loan originator must provide the
applicant with a GFE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Good Faith Estimate Disallowed Credit and Charge test (GFE Block 2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Looks for any amounts entered for both a loan discount fee and a yield spread premium or a lender
credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Only one charge or one credit affecting the interest rate is allowed under the new RESPA regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Equal Credit Opportunity Act – 12 CFR §1002 ("ECOA")** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ECOA Valuation Rule (12 CFR §1002.14(a)(1))

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review all applicable loans for the Disclosure of Right to Receive a Copy of Appraisals. Validate
if the customer(s) waived their right to receive copies of their appraisals three business days prior to consummation/account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review all applicable loans for proof that lender delivered copies of appraisals and other written
valuations three business days before consummation (closed-end), or account opening (open-end)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If the customer(s) waived their right to receive copies of their appraisals three business days
prior to consummation/account opening, review the Post-Closing submission for an Acknowledgment of Receipt of Appraisal Report,
or other proof that the lender provided the copies either at, or prior to, consummation or account opening

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.** **State Specific tests (varies by state and applicability, but at a minimum includes);** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consumer / Home Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. High-cost tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Higher Priced Mortgage Loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. APR threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Points and fees threshold tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Covered loan tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Negative Amortization tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Prepayment tests

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Texas Home Equity Loans

Page **13** of **18**

![](ex9927001.jpg)

**Document Review**

Incenter Diligence reviewed all mortgage loan files supplied and verified that the following documents, if applicable, were included in the file and that the data on the documents was consistent:

● Initial Application (1003)

● Final Application (1003)

● Loan Approval (1008)

● HUD1 from Sale of Previous Residence

● Loan Estimates and Closing Disclosures

● Sales Contract

● Mortgage/Deed of Trust

● Note

● Guaranty Agreement

● Occupancy Affidavit

● Lease Agreements

● Business Purpose Affidavit

● Junior Lien Information

● Subordination Agreement

● Income Documentation

● Employment Documentation

● Asset Documentation

● Credit Reports

● 4506T/Tax Documentation

● Change of Circumstance Documentation

● Disclosures: Right of Rescission, Net Tangible Benefit and FACTA

● Appraisal Valuation Reports

● Title/Preliminary Title

● Flood and Hazard Insurance Policies

● Flood Certificates

**Other review and methodology**

Not applicable.

Page **14** of **18**

![](ex9927001.jpg)

**<u>Summary of findings and conclusions of review</u>**

Below provides the summary of the review findings:

**Final Overall Grade Summary** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;7 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

**Credit Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;7 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

**Compliance Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

**Property Grade Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**8** | &nbsp;&nbsp;**100.00%** |

---

Page **15** of **18**

![](ex9927001.jpg)

**Exception Summary**

Below provides a summary of the individual exceptions based on the general categories of Credit, Compliance, and Property.

\* Loan was not delivered to the reviewer or the file is not sufficiently complete to perform the basic review.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Credit Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp; **Credit** <br> **Grade A** | &nbsp;&nbsp; **Credit** <br> **Grade B** | &nbsp;&nbsp; **Credit** <br> **Grade C** | &nbsp;&nbsp; **Credit** <br> **Grade D \*** |
| &nbsp;&nbsp;Assets | &nbsp;&nbsp;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;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Debt | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Eligibility | &nbsp;&nbsp;3 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Income/Employment | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &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;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**11** | &nbsp;&nbsp;**1** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp;**Compliance Grade A** | &nbsp;&nbsp;**Compliance Grade B** | &nbsp;&nbsp;**Compliance Grade C** | &nbsp;&nbsp;**Compliance Grade D \*** |
| &nbsp;&nbsp;Ability to Repay | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Closing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Disclosure | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Documentation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Points & Fees | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;QM-ATR | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Right to Rescind | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;State Reg | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;TRID | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **16** of **18**

![](ex9927001.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Exception Categories** | &nbsp;&nbsp;**Exception Count** | &nbsp;&nbsp; **Property** <br> **Grade A** | &nbsp;&nbsp; **Property**<br> **Grade B** | &nbsp;&nbsp; **Property** <br> **Grade C** | &nbsp;&nbsp;**Property Grade D \*** |
| &nbsp;&nbsp;Appraisal | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Missing Doc | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Property Issue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**3** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** | &nbsp;&nbsp;**0** |

---

Page **17** of **18**

![](ex9927001.jpg)

**Data Integrity Summary**

The table below provides a summary of the data compare results:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Field Name** | &nbsp;&nbsp;**# of Discrepancies** | &nbsp;&nbsp;**% of Accuracy** |
| &nbsp;&nbsp;ARM Interest Data | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;3 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Designation | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Appraised Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total DTI | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subordinate Lien Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Underwriting Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**15** | &nbsp;&nbsp;**95.27%** |

---

Page **18** of **18**

## Exhibit 99.28

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.28**

TPR Firm: Report Date: XXX <br> Client Name: XXX Report: Exception Report <br> <u>Deal Name: </u> <u>XXX</u> <u>Loans in report:</u> <u>XXX</u>

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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 | 2026020096 |  | XXX C B A | Closed | XXX | XXX | XXX | 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-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-XXX Date of XXX exceeds XXX days from the exception approval requirement date of XXX rendering exception invalid. Additionally, loan amount on exception approval is incorrect at XXX. Updated internal exception waiver form to be provided, along with updated investor approval. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received duplicate exception waiver form already included in loan file. Still missing copy of fully executed exception approval. Exception provided is expired and loan terms on exception do not match the closed loan terms. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Received duplicate exception waiver form already included in loan file which is insufficient to clear condition. Still missing copy of fully executed exception approval. Exception provided is expired and loan terms on exception do not match the closed loan terms. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Subject property in rural location. Calculated LTV of XXX% exceeds guideline maximum of XXX% for XXX. Missing copy of fully executed exception approval. Exception provided is expired and loan terms on exception do not match the closed loan terms. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-XXX | Residual Income greater than minimum required - XXX residual income is greater than minimum residual income required per guidelines XXX<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of XXX% | 1) XXX FICO is greater than XXX minimum<br> 2) XXX% DTI is less than XXX% maximum<br> 3) XXX months of reserves are greater than XXX month minimum | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | Yes |
| XXX | 2026020096 |  | XXX C B A | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received property reports on noted properties. Property obligations added to DTI. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received property reports on noted properties. Property obligations added to DTI. - Due Diligence Vendor-XXX | Residual Income greater than minimum required - XXX residual income is greater than minimum residual income required per guidelines XXX<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of XXX% | Fraud reports reflets borrower has XXX undisclosed properties. The alert was cleared without an explanation or documentation to support the exclusion. Missing documentation to support exclusion of the XXX noted properties Subject to re-calculation of debt ratio upon receipt. | XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020384 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received supporting documentation. - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Received XXX. Still missing evidence of XXX (if any) for property located at XXX - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing verification of insurance, and/or XXX fees for non-subject property Located at "XXX" - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020384 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Compliance | Mavent | Prepayment: Penalty | Resolved-Received Post Consummation Closing Disclosure Issued XXX that does not reflect a Prepayment Penalty. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-There is a prepayment discrepancy: the Note and Deed of Trust indicate no prepayment penalty, while the Final CD and PCCD show "Yes" for a prepayment penalty, and the Prepayment Penalty Addendum to the Note Disclosure is missing. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received Post Consummation Closing Disclosure Issued XXX that does not reflect a Prepayment Penalty. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020448 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Lender XXX received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing unexpired lease agreement for subject property XXX per guidelines. Documentation submitted is an expired lease which does not convert to month to month. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Lender XXX received. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020112 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Resolved-Received supporting documentation reflecting percentage of ownership. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX THE BORROWER HAS OWNERSHIP OF XXX% BASED ON THE CPA LETTER. - Seller-XXX <br> Counter-Qualifying income updated However, Missing ownership percentage from XXX letter for XXX. Unable to determine borrower's ownership percentage. Subject to recalculation of debt ratio upon receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. UNDERWRITER RESPONSE - Loan was XXX with bank statement and calculation for XXX which we did not use which gives the borrower an additional income of XXX per mo thus reducing the DTI. For some reason our system did not calculate the correct payments due to XXX. Please see XXX, letter, bank statement calculation, 1003 and 1008. Please note all the documents attached were already in the file and none of the documents were recently obtained. I have printed a new 1003 and 1008 including the XXX income source. - Seller-XXX<br> Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Re-calculated debt ratio of XXX% based on XXX payment over fully amortized term per guideline requirement for interest only loans. Note shows XXX year fixed rate term with XXX year interest only feature resulting in qualifying payment of XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX BORROWER HAS OWNERSHIP OF XXX% BASED ON THE CPA LETTER. - Seller-XXX<br> Ready for Review-Document Uploaded. UNDERWRITER RESPONSE - Loan was shipped with bank statement and calculation for XXX which we did not use which gives the borrower an additional income of XXX per mo thus reducing the DTI. For some reason our system did not calculate the correct payments due to XXX. Please see XXX, letter, bank statement calculation, 1003 and 1008. Please note all the documents attached were already in the file and none of the documents were recently obtained. I have printed a new 1003 and 1008 including the secondary income source. - Seller-XXX | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Due Diligence Vendor-XXX<br> Resolved-Received supporting documentation reflecting percentage of ownership. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020112 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income XXX Income Trend is Decreasing | Resolved-Received borrower XXX regarding declining income. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Income XXX Income Trend is Decreasing Income from XXX is declining. Missing an explanation from the borrower or their XXX. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received borrower XXX regarding declining income. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020112 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received supporting documentation of XXX as reflected on the XXX . - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX <br> Counter-Received mortgage payoff statements only. Still missing XXX statement to support payoff of XXX reflected on the Closing Disclosure (item #XXX (XXX original tax lien of XXX). - Due Diligence Vendor-XXX<br> Counter-Received duplicate payoff statements already included in loan file which are insufficient to clear condition. Still missing copy of payoff statement to support payoff of XXX reflected on the Closing Disclosure is sufficient to payoff title item #XXX (XXX of XXX). - Due Diligence Vendor-XXX <br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Property Title Issue Missing copy of payoff statement to support payoff of XXX reflected on the Closing Disclosure is sufficient to payoff title item #XXX (XXX of XXX). The serial number and recording information on XXX does not match the XXX payoff statement. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received supporting documentation of XXX payoff as reflected on the Final Closing Disclosure. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020112 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Received updated XXX reflecting corrected mailing address. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing Letter of Explanation regarding why the mailing address on the subject property XXX shows XXX (borrower's investment property per XXX). The XXX shows borrower residing in subject property for XXX years as primary residence. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received updated XXX reflecting corrected mailing address. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020112 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Received revised XXX reflecting Demographic Information. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-The Final 1003 is Incomplete XXX Information of borrower is not provided. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received revised XXX reflecting XXX. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020139 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-The provided income calculation worksheet and breakdown is sufficient to clear condition. - Due Diligence Vendor-XXX<br> Counter-Cash flow analysis received for borrowers' self-employment income from XXX. However still missing calculation worksheets from other income sources used to qualify as reflected on the 1003 (non-employment income XXX). Subject to recalculation of income upon receipt. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing lenders income calculation worksheet for all income sources used to qualify. Subject to re-Calculation of income. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-The provided income calculation worksheet and breakdown is sufficient to clear condition. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%.<br> Residual Income greater than minimum required - XXXresidual income is greater than minimum residual income required per guidelines XXX0.<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020139 |  | XXX D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Property | Appraisal | Property/Appraisal General | Resolved-Received appraisal transfer letter. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing a transfer letter from XXX to XXX., - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received appraisal transfer letter. - Due Diligence Vendor-XXX | LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%.<br> Residual Income greater than minimum required - XXXresidual income is greater than minimum residual income required per guidelines XXX.<br> Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020202 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Missing HOA/XXX Certification | Resolved-Primary residence XXX statement received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Missing XXX billing statement for XXX, XXX as he letter of explanation in the loan file on page XXX state they have XXX dues on said property. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Primary residence XXX statement received. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020202 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Supporting XXX documentation received. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Audited DTI of XXX% exceeds lenders DTI of XXX% due to lender not using the XXX dues listed on the fraud report for borrower's primary home. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Supporting XXX documentation received. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines XXX%<br> Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of XXX% |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020487 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Received XXX reflecting sufficient title coverage. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Title Document is Incomplete Missing revised XXX Supplemental Report reflecting correct Mortgagee for loan amount coverage. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received XXX reflecting sufficient title coverage. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020487 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 XXX Credit Report is Missing | Resolved-Received borrower XXX for new inquiry-no new debt opened. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender commentary received, however insufficient to clear condition as new debt typically is delayed in reporting by a minimum of XXX days. Stil missing borrower explanation for inquiry with XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-POST-CLOSING RESPONSE - AS PER THE UDM THERE IS NO OPENED ACCOUNT. PLEASE KINDLY CLARIFY WHY DO WE HAVE TO PROVIDE THE CREDIT INQUIRY LETTER? - Seller-XXX<br> Counter-Received XXX report, however missing borrower explanation for inquiry with XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 2 XXX Credit Report is Missing Missing XXX Credit Report/XXX Report dated within XXX days of Note date, per guidelines. Subject to recalculation of DTI. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-POST-CLOSING RESPONSE - AS PER THE XXX THERE IS NO OPENED ACCOUNT. PLEASE KINDLY CLARIFY WHY DO WE HAVE TO PROVIDE THE CREDIT INQUIRY LETTER? - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received borrower XXX for new inquiry-no new debt opened. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020487 |  | XXX D A | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 XXX Credit Report is Missing | Resolved-Received borrower XXX for new inquiry-no new debt opened. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Counter-Lender commentary received, however insufficient to clear condition as new debt typically is delayed in reporting by a minimum of XXX days. Stil missing borrower explanation for inquiry with XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-POST-CLOSING RESPONSE - AS PER THE UDM THERE IS NO OPENED ACCOUNT. PLEASE KINDLY CLARIFY WHY DO WE HAVE TO PROVIDE THE CREDIT INQUIRY LETTER? - Seller-XXX<br> Counter-Received XXX report, however missing borrower explanation for inquiry with XXX on XXX. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX<br> Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit Report/XXX Report dated within XXX days of Note date, per guidelines. Subject to recalculation of DTI. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. - Seller-XXX<br> Ready for Review-POST-CLOSING RESPONSE - AS PER THE XXX THERE IS NO XXX. PLEASE KINDLY CLARIFY WHY DO WE HAVE TO PROVIDE THE CREDIT INQUIRY LETTER? - Seller-XXX<br> Ready for Review-Document Uploaded. - Seller-XXX | Resolved-Received borrower XXX for new inquiry-no new debt opened. - Due Diligence Vendor-XXX | Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of XXX<br> Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is XXX months |  | XXX.pdf<br> XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | N/A | N/A |

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## Exhibit 99.29

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.29**

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| | | | |
|:---|:---|:---|:---|
| TPR Firm: |  | Report Date: | XXX |
| Client Name: | XXX | Report: | Rating Agency Grades |
| Deal Name: | XXX | Loans in report: | XXX |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXX | 2026020096 |  | XXX | XXX C A B |
| XXX | 2026020384 |  | XXX | XXX D C A |
| XXX | 2026020210 |  | XXX | XXX A |
| XXX | 2026020448 |  | XXX | XXX D A |
| XXX | 2026020112 |  | XXX | XXX C D A |
| XXX | 2026020139 |  | XXX | XXX D A C |
| XXX | 2026020202 |  | XXX | XXX D A |
| XXX | 2026020487 |  | XXX | XXX D A |

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## Exhibit 99.30

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.30**

TPR Firm: Report Date: XXX <br> Client Name: XXX Report: Valuation Summary <br> <u>Deal Name:</u> <u>XXX</u> <u>Loans in report:</u> <u>XXX</u>

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| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXX | 2026020096 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 |  |
| XXX | 2026020384 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 | XXX |
| XXX | 2026020210 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| XXX | 2026020448 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXX | 2026020112 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXX | 2026020139 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.4 | XXX |
| XXX | 2026020202 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| XXX | 2026020487 |  | XXX | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | 0% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | 0% | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible |  |  |

---

## Exhibit 99.31

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.31**

TPR Firm: Report Date: XXX <br> Client Name: XXX Report: Final Tape Compare <br> <u>Deal Name:</u> <u>XXX</u> <u>Loans in report:</u> <u>XXX</u>

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Incenter Loan ID** | **Client Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **System Source** | **Reviewer Data** | **Tape Data** |
| XXX | 2026020096 |  | XXX | XXX | Note Date | XXX | XXX | XXX |
| XXX | 2026020210 |  | XXX | XXX | Note Date | XXX | XXX | XXX |
| XXX | 2026020448 |  | XXX | XXX | Initial Monthly P&I Or XXX Payment | XXX | XXX | XXX |
| XXX | 2026020448 |  | XXX | XXX | Lien Position | XXX | XXX | XXX |
| XXX | 2026020448 |  | XXX | XXX | Qualifying FICO | XXX | XXX | XXX |
| XXX | 2026020112 |  | XXX | XXX | Note Date | XXX | XXX | XXX |
| XXX | 2026020112 |  | XXX | XXX | Initial Monthly P&I Or XXX Payment | XXX | XXX | XXX |
| XXX | 2026020112 |  | XXX | XXX | Qualifying CLTV | XXX | XXX | XXX |
| XXX | 2026020112 |  | XXX | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX |
| XXX | 2026020139 |  | XXX | XXX | First Payment Date | XXX | XXX | XXX |
| XXX | 2026020202 |  | XXX | XXX | Loan Type | XXX | XXX | XXX |
| XXX | 2026020202 |  | XXX | XXX | First Payment Date | XXX | XXX | XXX |
| XXX | 2026020202 |  | XXX | XXX | Qualifying FICO | XXX | XXX | XXX |
| XXX | 2026020487 |  | XXX | XXX | Initial Monthly P&I Or XXX Payment | XXX | XXX | XXX |
| XXX | 2026020487 |  | XXX | XXX | Underwriting Guideline Name | XXX | XXX | XXX |

---

## Exhibit 99.32

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.32**

![](ex9932001.jpg)

![](ex9932002.jpg)

**EXECUTIVE SUMMARY**

**AOMT 2026-3**

**June 11, 2026**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

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![](ex9932001.jpg)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Infinity Biography | 2.0 |
| Description of the due diligence performed | 3.0 |
| Summary of findings and conclusions of review | 16.0 |
| Tape Integrity Review Results Summary | 17.0 |
| Additional Loan Population Summary | 17.0 |

---

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**INFINITY BIOGRAPHY**

Infinity IPS, Inc. is a privately held firm offering trusted financial products and services to capital markets participants. Founded in 2003, by a group of experienced mortgage due diligence executives, Infinity was started with a simple mission: To provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service. As a third-party reviewer, our independence, integrity, depth of expertise, and approach to due diligence and credit risk management provides clients the highest degree of hands-on oversight and participation when buying or selling pools, securitizing loans, or managing loans and securitizations over time.

Our rigorous, high touch approach to due diligence reviews provides all data necessary in the provision of an asset due diligence, risk retention, loss mitigation and forensic analysis services for all classes or mortgage products, consumer lending products, and more. Our mission is to provide an independent, innovative, reliable and transparent work product, backed by an unsurpassed level of customer service.

As a rating agency reviewed third-party due diligence provider, Infinity prides itself on meeting the standards of S&P, Fitch, Kroll, Moody's and DBRS Morningstar. Infinity is a privately-owned business and is headquartered in Rockville, MD with an underwriting facility in Tampa, FL.

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![](ex9932001.jpg)

**DESCRIPTION OF THE DUE DILIGENCE PERFORMED**

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

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Angel Oak Mortgage Operating Partnership, LP ("Client") and were reviewed by Infinity on behalf of the Client. The mortgage loans were reviewed via files imaged and provided by the Client.

The Review population is comprised of twenty-two (22) mortgage loans that were originally reviewed from December 2025 to March 2026.

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

The mortgage loan review was broken down into the following review scopes:

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Compliance Review" 3<sup>1</sup> Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Credit Review" 22 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Property Review" 22 Mortgage Loans

&nbsp;&nbsp;&nbsp;&nbsp;▪ "Data Integrity" 22 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 twenty-two (22) mortgage loans, Infinity compared data fields on the data tape provided by Client to the data found in the actual file as captured by Infinity. This comparison, when data was available, included the following data fields:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;Sale Price |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;LTV |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;PP Months | &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;Next Rate Change Date | &nbsp;&nbsp;Current P&I |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Margin | &nbsp;&nbsp;First Payment Change Date | &nbsp;&nbsp;Rate Index |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1st Rate Change Date | &nbsp;&nbsp;Next Payment Change Date | &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Reset Frequency | &nbsp;&nbsp;Deferred Balance |
| &nbsp;&nbsp;Documentation Type | &nbsp;&nbsp;Next Due Date | &nbsp;&nbsp;Rounding Code | &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Lookback Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

---

<sup>1</sup> Eighteen (18) exempt loans were not subject to a compliance review and did not receive a compliance grade. One (1) loan was not subject to a compliance review but are graded A for compliance as it was confirmed to be exempt investor loans with no consumer purpose.

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

![](ex9932001.jpg)

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

Infinity conducted a credit review for twenty-two (22) mortgage loans. At that time, Infinity reviewed the asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to Infinity and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

There were 5 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

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

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

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

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

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

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![](ex9932001.jpg)

**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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![](ex9932001.jpg)

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for eighteen (18) mortgage loans with DSCR calculation. There were no mortgage loans that were classified as No Ratio loans with no DSCR calculation.

Each loan, reviewed under this scope, was reviewed for adherence to the relevant credit policy as indicated by the Client. During the course of this review, Infinity (i) reviewed the provided Note, Mortgage/DOT, and Guaranty Agreement(s) to confirm execution, adherence to the credit policy, and agreement with other Loan Approval documentation, (ii) examined appraisal reports, BPO's, and appraisal reviews to determine if the property type was consistent with underwritten property type and usage (such as evidence of either owner or tenant occupancy) and compared this information against other relevant information contained within applicable sections of the loan file to evaluate consistency, accuracy, and adherence to the credit policy, (iii) reviewed environmental reporting, Flood Certification, and Evidence of Insurance to confirm accuracy and adherence to credit policy requirements, (iv) reviewed credit reporting, VOR/VOM, Background Check(s), and any applicable Letter(s) of Explanation to confirm accuracy, adherence to credit policy requirements, and consistency with the Final Loan Approval worksheet, (v) reviewed HUD-1's, Title Search, Purchase Agreements, existing leases/rent rolls, and verification of funds with loan terms, and underwritten approved terms and amounts/LTV/LTC as well as adherence to credit policy requirements, (vi) reviewed LOI/LOE(s) for presence of un-qualified statement of business and occupancy intent, confirmation that the LOI/LOE cited address is consistent with the subject property address, and that signatory(s) are consistent with the identified borrower(s)/guarantor(s), (vii) reviewed Final Form 1003/Loan application to ensure complete execution that the subject property listed is consistent with the subject property, and that the listed residence for the Individual(s) is an address other than the subject property, (viii) confirmed, if applicable, business license(s) and P&L's are present, valid, and adhere to credit policy requirements, (ix) confirmed, if applicable, second mortgage documents are present, valid, align with approved terms amounts, and adhere to credit policy requirements, (x) reviewed final loan approval worksheets for accuracy, completion, documentation of approval for any exceptions, and evaluating such items for agreement/consistency with all other documentation contained in the review file (xi) reviewed the Certification of Business Purpose and Certification of Non-Owner Occupancy and Indemnity for presence of completed fields and verifying that the handwritten Primary Residence address differs from the subject property address and is signed/dated as required (xii) verified presence of a complete Certification of Non-Owner Occupancy and Indemnity document for each individual borrower/co-borrower/guarantor identified within the subject note/guaranty agreement, including the presence of either individual certifications or one certificate containing all required signatures, (xiii) compared the Primary Residence address(es) listed for consistency between the Final Form 1003/Loan application(s) and the Certification(s) of Non-Owner Occupancy and Indemnity, (xv) documented any non-approved credit policy exceptions and/or inconsistencies and reporting and/or marking such items for further dialogue, (xvi) gathered the components of the DSCR from source documentation provided in the loan file during the course of the review. Where applicable, Infinity sums per the guidelines the principal and interest payment as well as the tax, insurance and HOA payment to arrive at a monthly property expense. This number is used as the denominator to the monthly lease or estimated lease income as per the guidelines.

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

Infinity conducted a review of the value of the underlying collateral at the time of its initial review for twenty-two (22) mortgage loans. For these twenty-two (22) mortgage loans, Infinity reviewed the mortgage loans to ensure the value of the collateral securing the assets met applicable underwriting guidelines.

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![](ex9932001.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.**

Infinity completed a Compliance Review on three (3) mortgage loans. Eighteen (18) exempt loans were not subject to a compliance review and did not receive a compliance grade. One (1) loan was not subject to a compliance review but are graded A for compliance as they were confirmed to be exempt investor loans with no consumer purpose.

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

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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&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

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

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

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

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

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

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

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

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

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&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;

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;

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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

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

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

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

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

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

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

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

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

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

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

<u>Qualified Mortgage</u>

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

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

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

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

<u>General Ability to Repay</u>

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

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

**(XI) FIRREA Review**

Infinity confirmed that the appraiser and the appraisal made by such appraiser both satisfied the pr industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate.

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

**(XII) Document Review**

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 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;

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&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.

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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, TBD.

**OVERALL RESULTS SUMMARY (22 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers twenty-two (22) mortgage loans. Within those mortgage loans, Infinity graded twenty-one (21) mortgage loans as "A" and one (1) mortgage loan as "B".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &nbsp;&nbsp;21 | &nbsp;&nbsp;22 | &nbsp;&nbsp;21 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.45% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.55% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;4 | &nbsp;&nbsp;21 | &nbsp;&nbsp;22 | &nbsp;&nbsp;21 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**TBD Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.45% | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;95.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.55% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

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![](ex9932001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY (22 MORTGAGE LOANS)**

Of the twenty-two (22) mortgage loans reviewed, 8 (36.36%) mortgage loans had tape discrepancies across eight (8) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Original Note Doc Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;Prepayment Penalty Indicator | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;3 | &nbsp;&nbsp;22 | &nbsp;&nbsp;13.64% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;Purpose of Transaction per HUD-1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;22 | &nbsp;&nbsp;9.09% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;Subject Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;4.55% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (22 MORTGAGE LOANS)**

\*Total may not sum to total due to rounding.

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$11246875.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**22** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$11246875.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$11246875.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**22** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$11246875.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi - Purpose/Unknown | &nbsp;&nbsp;18 | &nbsp;&nbsp;81.82% | &nbsp;&nbsp;$10305725.00 | &nbsp;&nbsp;91.63% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.55% | &nbsp;&nbsp;$191400.00 | &nbsp;&nbsp;1.70% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.55% | &nbsp;&nbsp;$258750.00 | &nbsp;&nbsp;2.30% |
| &nbsp;&nbsp;Rate/Term Refinance – Borrower initiated | &nbsp;&nbsp;2 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;$491000.00 | &nbsp;&nbsp;4.37% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**22** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$11246875.00** | &nbsp;&nbsp;**100.00%** |

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17 \| P a g e<br>

![](ex9932001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;4 | &nbsp;&nbsp;18.18% | &nbsp;&nbsp;$3971000.00 | &nbsp;&nbsp;35.31% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;18 | &nbsp;&nbsp;81.82% | &nbsp;&nbsp;$7275875.00 | &nbsp;&nbsp;64.69% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**22** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$11246875.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;3 | &nbsp;&nbsp;13.64% | &nbsp;&nbsp;$1531400.00 | &nbsp;&nbsp;13.62% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;19 | &nbsp;&nbsp;86.36% | &nbsp;&nbsp;$9715475.00 | &nbsp;&nbsp;86.38% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**22** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$11246875.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;Access Non-QM Program Guidelines |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - February 24 2026.pdf |
| &nbsp;&nbsp;MoFin DSCR Loan Underwriting Guidelines - March 11 2025 (v3.12).pdf |
| &nbsp;&nbsp;REMN Wholesale Access Non-QM Program |
| &nbsp;&nbsp;REMN Wholesale Elite Access Non-QM Program Guidelines |

---

18 \| P a g e<br>

## Exhibit 99.33

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.33**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| 2026020087 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | NA |  |  |
| 2026020103 |  | B A | Closed | XXX | XXX | XXX | Waived | 2 - Non-Material B | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Delinquent Credit History Does Not Meet Guideline Requirements XXX with XXX credit #XXX, XXX has XXX within XXX years. Exception for XXX to remain on credit report. - Due Diligence Vendor-XXX |  | Waived-Delinquent Credit History Does Not Meet Guideline Requirements XXX with XXX credit #XXX, XXX has XXX within XXX years. Exception for XXX to remain on credit report. - Due Diligence Vendor-XXX | Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years<br> Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - Borrower 1 Has Stable Time In Profession By XXX (XXX) Years Or More - XXX Years<br> Borrower At Current Residence For XXX (XXX) Or More Years - Borrower At Current Residence For XXX (XXX) Or More Years - XXX Years<br> Calculated DTI Is Less Than The Guideline Maximum By XXX (XXX%) Or More - Calculated DTI Of XXX% Is Less Than The Guideline Maximum Of XXX% By XXX (XXX%) Or More<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Original LTV Is Below The Guideline Maximum By XXX (XXX%) Or More - Original LTV Of XXX% Is Below The Guideline Maximum Of XXX% By XXX (XXX%) Or More | Low LTV, Same employer XXX years, Long term home ownership for subject property XXX years, residual income of XXX |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX | Originator Pre-Close | Yes |
| 2026020074 |  | A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | XXX | XXX |  |  |
| 2026020072 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Evidence of Business Purpose use of Proceeds | Resolved- - Due Diligence Vendor-XXX <br> Ready for Review-This is not a XXX a XXX is not needed - Due Diligence Vendor-XXX<br> Ready for Review- - Due Diligence Vendor-XXX<br> Open-Business Purpose Disclosure stating how funds will be used or letter from borrower regarding the use of funds is missing. - Due Diligence Vendor-XXX | Client replied that this is not a XXX and business purpose XXX is not required. Please review and respond. - XXX<br>|  | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| 2026020072 |  | D A C | Closed | XXX | XXX | XXX | Resolved | 1 - Information C A | Credit | Closing | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Resolved-XXX report is acceptable - Due Diligence Vendor-XXX<br> Ready for Review- - Due Diligence Vendor-XXX<br> Open-Document Uploaded. - Due Diligence Vendor-XXX <br> Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX |  | Resolved-XXX report is acceptable - Due Diligence Vendor-XXX | Qualifying FICO is Greater Than The Guideline Minimum By XXX (XXX) or More Points - Qualifying FICO Of XXX is Greater Than The Guideline Minimum Of XXX By XXX (XXX) or More Points<br> Months Reserves Are Greater Than The Guideline Minimum By XXX (XXX) Or More Months - Months Reserves Of XXX Are Greater Than The Guideline Minimum Of XXX By XXX (XXX) Or More Months<br> Low Credit Usage Ratio Of XXX (XXX%) Or Less - Low Credit Usage Ratio Of XXX (XXX%) Or Less - Credit Line Usage Ratio equals XXX<br> Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of XXX (XXX) Or More Years At Current Job - XXX Years |  | XXX.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | XXX | XXX | XXX | XXX | XXX | N/A | N/A |

---

## Exhibit 99.34

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.34**

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| | | | |
|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020087 |  |  | XXX A |
| 2026020103 |  |  | XXX B A |
| 2026020074 |  |  | XXX A |
| 2026020072 |  |  | XXX C D A |

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## Exhibit 99.35

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.35**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020087 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020103 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1025 XXX Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020074 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020072 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible | 1 | XXX |

---

## Exhibit 99.36

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.36**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020103 |  |  | XXX | Property Address | XXX | XXX | XXX | The loan file note lists the property address as "XXX", while the tape data reflects the property address as XXX code "XXX". |
| 2026020103 |  |  | XXX | Property Type | XXX | XXX | XXX | The appraisal lists the property type as a "XXX", whereas the tape data indicates it as "XXX" only. |
| 2026020103 |  |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | DTI was calculated based on the most recent documents; therefore, there is a slight variance compared to the DTI reflected in the tape data. |
| 2026020074 |  |  | XXX | Property Address | XXX | XXX | XXX | Tape reflcets "XXX" it is a zip code, and subject property is "XXX", which is not same. |
| 2026020074 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | Tape reflects doct type as XXX, In XXX we dont have a option to update like this, So updated as XXX month bank statement, which are the same. |
| 2026020072 |  |  | XXX | Property Address | XXX | XXX | XXX | In XXX , Property address has been updated as per note document , but in tape property address is updated by Zip code . |

---

## Exhibit 99.37

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.37**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Original Loan Amount** | **State** | **Note Date** | **Occupancy** | **Purpose** | **Final Overall Compliance Grade** | **DBRS INITIAL Compliance Grade** | **DBRS FINAL Compliance Grade** | **FITCH INITIAL Compliance Grade** | **FITCH FINAL Compliance Grade** | **KROLL INITIAL Compliance Grade** | **KROLL FINAL Compliance Grade** | **MOODY's INITIAL Compliance Grade** | **MOODY's FINAL Compliance Grade** | **S&P INITIAL Compliance Grade** | **S&P FINAL Compliance Grade** |
| XXX | 2026020083 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020235 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020180 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020090 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020523 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020116 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020315 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020380 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020076 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020512 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020073 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020077 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020386 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020273 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020080 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020344 | XXX | XXX | XXX | XXX | XXX A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable |
| XXX | 2026020423 | XXX | XXX | XXX | XXX | XXX A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXX | 2026020118 | XXX | XXX | XXX | XXX | XXX A | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A | Not Applicable | Not Applicable A |

---

## Exhibit 99.38

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.38**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **LOAN DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **AVM Data** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **DESK REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **BPO REVIEW DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **FIELD REVIEW/2055 DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **2ND APPRAISAL DATA** | **AGENCY DATA** | **AGENCY DATA** | **AGENCY DATA** |
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for CLTV** | **Appraisal Date** | **Appraisal Type** | **AVM Value** | **Variance $** | **Variance %** | **AVM Company** | **AVM FSD Score** | **AVM Effective Date** | **Desk Value** | **Variance $** | **Variance %** | **Desk Company** | **Desk Report Date** | **BPO As-Is Value** | **Variance $** | **Variance %** | **BPO Company** | **BPO Inspection Date** | **FR Value** | **Variance $** | **Variance %** | **FR Company** | **FR Report Date** | **2nd Appraisal Value** | **Variance $** | **Variance %** | **2nd Appraisal Company** | **2nd Appraisal Date** | **Eligible for Rep/Warrant Relief** | **LCA Risk Score** | **CU Score** |
| XXX | 2026020344 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020118 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020090 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020180 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020273 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020116 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020423 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020083 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020235 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020315 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020386 |  | XXX | XXX | $345000.00 | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020080 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020380 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020076 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020077 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020523 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1025 XXX |  |  |  |  |  |  | XXX | XXX | -8.750% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020073 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| XXX | 2026020512 |  | XXX | XXX | Not Applicable | XXX | XXX | XXX | 1004 Residential Appraisal |  |  |  |  |  |  | XXX | XXX | 0.000% | ClearCapital | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |

---

## Exhibit 99.39

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.39**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Name** | **State** | **QM/ATR Status** | **Initial Overall Loan Grade** | **Final Overall Grade** | **Final Credit Grade** | **Final Property Grade** | **Final Compliance Grade** | **Material (level 3) TRID exception?** | **Material (level 3) Non-TRID exception?** | **Active Material Exceptions** | **Active Non Material Exceptions** | **Satisfied Exceptions** | **Waived Exceptions** | **Compensating Factors** | **Property Type** | **Note Date** | **LTV** | **CLTV** | **Occupancy** | **Purpose** | **Credit Score** | **Brwr 1 Yrs in Property** | **Brwr 1 Occupation** | **Brwr 1 Yrs on Job** | **Total Monthly Income** | **Mortgage History** | **Cash Out Amount** | **DTI** | **FTHB Flag** | **Loan Doc Type** | **Loan Status** | **Review Date** |
| XXX | 2026020344 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Loan amount on Application differs from the Original Balance - XXX<br> COMMENT: The note reflects a loan amount of XXX, while the 1003 reflects XXX. A correction to the loan amount on the application is required.<br>Resolved XXX: 1003 received with correct loan amount. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020118 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020090 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Application Missing - XXX<br> COMMENT: Missing signed application.<br>Resolved XXX Application received.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: The bank statement for XXX account ending in XXX is only available for XXX. An additional XXX is required to meet the guideline requirement of a minimum of XXX months bank statement.<br>Resolved XXX: XXX Months bank statement received. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020180 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020273 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020116 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide an updated XXX listing XXX as the named insured and including a lender loss payee mortgage clause.<br>XXX Resolved: The copy of XXX resolves the condition. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020423 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020083 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020235 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020315 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide an updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX).<br>Resolved: Received updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX). |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020386 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report |  |  | No | DSCR | QC Complete | XXX |
| XXX | 2026020080 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - XXX<br> COMMENT: The amount of title insurance of XXX on the XXX Commitment is less than the loan amount XXX.<br>XXX Resolved : The copy of updated title commitment resolves the condition. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020380 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020076 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - XXX<br> COMMENT: Provide a copy of XXX document as it is missing.<br>XXX: Rejected. The document provided is a lease agreement. A verification of rent was requested. Please provide a verification of rent.<br>XXX: Borrower is not a XXX verification is not required. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Verification of Mortgage | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020077 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020523 |  | XXX | XXX | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:<br> Times XXX:<br> Times XXX:<br> Times XXX:<br> Currently Delinquent? :<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:<br> Max Days Dlq Last XXX Mos:<br> Verification Type: | XXX |  |  | DSCR | QC Complete | XXX |
| XXX | 2026020073 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing proof of XXX - XXX<br> COMMENT: Provide XXX (XXX) as it is missing.<br>XXX; Resolved Received XXX. |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  | XXX | XXX |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | No Documentation | QC Complete | XXX |
| XXX | 2026020512 |  | XXX | XXX | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - XXX<br> COMMENT: The note dated XXX and the approval indicate the subject property's XXX code as XXX. However, the XXX lists the XXX code as XXX. Please provide an updated title report reflecting the correct XXX code, XXX.<br>XXX: Resolved. Updated title provided |  |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX |  |  |  |  | Mos Reviewed:XXX<br> Times XXX<br> Times XXX<br> Times XXX<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last XXX Mos:XXX<br> Max Days Dlq Last XXX Mos:XXX<br> Verification Type:Credit Report | XXX |  |  | DSCR | QC Complete | XXX |

---

## Exhibit 99.40

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.40**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Borrower Last Name** | **Property State** | **Note Date** | **Loan Purpose** | **TPR QM ATR Status** | **Initial Overall Loan Grade** | **Final Overall Loan Grade** | **Exception Category** | **Exception Subcategory** | **Exception Code** | **Final Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Exception** | **Exception Detail** | **Follow-up Comments (Exception Response)** | **Exception Conclusion Comments** | **Compensating Factors** | **Curable Status** | **Loan Status** | **Review Date** | **Cleared Date** | **Cured Date** | **Exception Date** |
| XXX | 2026020344 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Loan amount on Application differs from the Original Balance (XXX) | The note reflects a loan amount of XXX, while the 1003 reflects XXX. A correction to the loan amount on the application is required.<br>Resolved XXX: 1003 received with correct loan amount. | Resolved XXX: 1003 received with correct loan amount. | Resolved XXX: 1003 received with correct loan amount. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020090 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | The bank statement for XXX account ending in XXX is only available for XXX. An additional month's bank statement is required to meet the guideline requirement of a minimum of XXX months bank statement.<br>Resolved XXX: XXX Months bank statement received. | Resolved XXX: XXX Months bank statement received. | Resolved XXX: XXX Months bank statement received. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020090 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Application Missing (XXX) | Missing signed application.<br>Resolved XXX Application received. | Resolved XXX Application received. | Resolved XXX Application received. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020116 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | Provide an updated XXX listing XXX as the named insured and including a lender loss payee mortgage clause.<br>XXX Resolved: The copy of XXX resolves the condition. | XXX Resolved: The copy of XXX resolves the condition. | XXX Resolved: The copy of Final XXX resolves the condition. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020315 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | Provide an updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX).<br>Resolved: Received updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX). | Resolved: Received updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX). | Resolved: Received updated Deed of Trust or Mortgage reflecting the corrected notary signature year (XXX). |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020080 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Amount of XXX is less than mortgage amount (XXX) | The amount of title insurance of XXX on the Title Commitment is less than the loan amount XXX.<br>XXX Resolved : The copy of updated title commitment resolves the condition. | XXX Resolved : The copy of updated XXX commitment resolves the condition. | XXX Resolved : The copy of updated title commitment resolves the condition. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020076 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (XXX) | Provide a copy of XXX document as it is missing.<br>XXX: Rejected. The document provided is a lease agreement. A verification of rent was requested. Please provide a verification of rent.<br>XXX: Borrower is not a XXX verification is not required. | XXX: Borrower is not a XXX verification is not required. | XXX: Borrower is not a first time home buyer verification is not required. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020073 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | XXX | Resolved | 3 | R | \* Missing proof of hazard insurance (XXX) | Provide final XXX (XXX) as it is missing.<br>XXX; Resolved Received XXX. | XXX; Resolved Received XXX. | XXX; Resolved Received XXX. |  |  | QC Complete | XXX | XXX | XXX | XXX |
| XXX | 2026020512 |  | XXX | XXX | XXX | XXX | Not Covered/Exempt | 3 | 1 | Credit | Credit | XXX | Resolved | 3 | R | \* Required Documentation Missing (XXX) | The note dated XXX and the approval indicate the subject property's XXX as XXX. However, the title report lists the XXX as XXX. Please provide an updated XXX reflecting the correct XXX, XXX.<br>XXX: Resolved. Updated title provided | XXX: Resolved. Updated title provided | XXX: Resolved. Updated title provided |  |  | QC Complete | XXX | XXX | XXX | XXX |

---

## Exhibit 99.41

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.41**

**Data Compare**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** |
| XXX | 2026020344 |  | Purpose of Transaction per XXX | XXX |  |  |  | The XXX settlement statement signed on XXX reflects Purpose of Transaction per XXX as Cash Out. | Initial |
| XXX | 2026020116 |  | Original Note Doc Date | XXX | XXX | XXX |  | The Note reflects Original Note Doc Date as XXX. | Initial |
| XXX | 2026020423 |  | Subject Property Type | XXX | XXX |  |  | The Appraisal dated XXX reflects Subject Property Type as XXX. | Initial |
| XXX | 2026020235 |  | Purpose of Transaction per XXX | XXX |  |  |  | The Final XXX signed on XXX reflects Purpose of Transaction per XXX as Cash Out. | Initial |
| XXX | 2026020512 |  | XXX Indicator | XXX | XXX |  |  | The Note dated XXX does not reflect XXX . | Initial |

---

## Exhibit 99.42

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.42**

**EXECUTIVE SUMMARY**

AOMT 2026-3

**Overview**

Maxwell Diligence Solutions, LLC ("MaxDiligence") performed certain due diligence services (the "Review") described below on residential mortgage loan(s) acquired by Angel Oak Mortgage Operating Partnership, LP. The Review was conducted from October 2025 to May 2026 on mortgage loans originated between October 2025 and June 2026.

The Review consisted of 100% of the population of 140 loans with an original loan balance of $50,455,029.00.

**Scope of Review**

**Credit Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

![](ex9942001.jpg)

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the Borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms
 OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals
 any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare
 for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete
 forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate
 history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review
 employment and income by analyzing income documents and comparing against re-verification
 documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s
 and paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts
 (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax
 returns and profit and loss statements, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank
 statements or other alternate income documents as required by the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/continuing
 employment, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Lease
 agreements and market rents, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 adequate funds to cover required down payment and closing costs and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient
 funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift
 funds verified and met guidelines

![](ex9942001.jpg)

&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 housing payment and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting
 correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien
 position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal
 description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate
 no encumbrances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct
 and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing
 disclosure or Settlement Statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 and prior to October 1, 2022 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z of the Truth in Lending Act, as amended. Effective October 1, 2022, Loans with application dates on or after such date must comply with the General QM Final Rule, as well as the ATR rule. For these Loans, MaxDiligence will (a) confirm that the creditor provided a QM designation and (b) review the Loan for the eight (8) underwriting factors set forth Section 12(E)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence
 reviewed each mortgage Loan to determine each mortgage Loan's status under the
 QM and ATR rule requirements and assign a QM and ATR designation as determined by MaxDiligence.
 MaxDiligence will note as a material exception if its QM and ATR designations do not
 confirm to the originator's original QM and ATR designations. Additionally, MaxDiligence
 will note if an originator's mortgage loan designation was not provided. MaxDiligence
 shall use the following designations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. MaxDiligence
 utilizes the following QM designations for applicable Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) QM
 Safe-Harbor (also known as General QM)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) QM
 Rebuttal Presumption (including Higher-priced loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Temporary
 QM (for all applications prior to October 1, 2022)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Non-QM

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. MaxDiligence
 utilizes the following ATR designations for applicable Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) ATR
 Compliant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) ATR
 Fail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) ATR
 Exempt

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In
 order to determine the QM designation, as applicable, MaxDiligence will review each Loan
 for the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Use
 of any risky mortgage loan features and terms (e.g. an interest only feature or negative
 amortization);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Do
 the "points and fees" exceed the applicable QM threshold;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Was
 monthly payment calculated appropriately;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Did
 the creditor considered and verify income or assets at or before consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Did
 the creditor appropriately considered debt obligations, alimony and child support;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. For
 mortgage loan applications prior to October 1, 2022, if the DTI ratio exceeded 43% (calculated
 in accordance with Appendix Q to Regulation Z).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. For
 mortgage loan applications on and after October 1, 2022, for which the annual percentage
 rate does not exceed the average prime offer rate for a comparable transaction as of
 the date the interest rate is set by the amounts specified based on loan amount (adjusted
 annually on January 1 by the annual percentage change in the Consumer Price Index for
 All Urban Consumers (CPI-U) that was reported on the preceding June 1) and the lien position
 of the proposed credit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) For
 a first-lien covered transaction with a loan amount greater than or equal to $110,260
 (indexed for inflation), 2.25 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) For
 a first-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation) but less than $110,260 (indexed for inflation), 3.5 or more percentage
 points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) For
 a first-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) For
 a first-lien covered transaction secured by a manufactured home with a loan amount less
 than $110,260 (indexed for inflation), 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) For
 a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156
 (indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) For
 a subordinate-lien covered transaction with a loan amount less than $66,156 (indexed
 for inflation), 6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Upon
 completion of Section 12(B) above, if a Loan is determined to be a QM loan, MaxDiligence
 will determine if the Loan is a Higher-Priced Mortgage Loan ("HPML") as defined
 by 12 CFR 1026.35:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the Loan is HPML, then the Loan shall be designated as QM Rebuttal Presumption (Higher
 Priced);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If
 the Loan is not an HPML, then the Loan shall be designated as QM Safe Harbor.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Upon
 completion of Section 12(B) above, for each Loan that is designated as Non-QM, MaxDiligence
 then will determine whether the mortgage loan complies with the ATR rule, in accordance
 with the Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. MaxDiligence
 will evaluate the Loan for ATR compliance based on the following eight factors and will
 verify such information using reasonably reliable third-party records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets: Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan. Review Loan documentation for required
 level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment:
 Review file documentation for required level of employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans: Ensure that all concurrent Loans were included in the DTI calculation, to properly
 assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations: Validate that the subject Loan's monthly payment calculation includes
 principle, interest, taxes, and insurance, as well as other costs related to the property
 such as homeowners' association fees, private mortgage insurance, ground rental
 fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations: Validate monthly recurring non-mortgage-related liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI
 / Residual Income - Validate DTI or "residual income," based upon all mortgage
 and non-mortgage obligations, calculated as a ratio of gross monthly income, based on
 documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History: Review credit report for credit history and required credit depth, including
 any / all inquiries, and determine a representative credit score from the credit report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Upon
 completion of Section 12(E) above, MaxDiligence will assign an ATR designation.

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence's
 review included a review of the valuation materials utilized during the origination of
 the applicable Loan and in confirming the value of the underlying property. MaxDiligence's
 review will include verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On
 the appropriate appraisal form:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property
 is acceptable collateral for Loan program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains a transfer letter from the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the mortgage
 loan application; Any revisions, if made known to MaxDiligence, to the original report
 are documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file but notes a variance
 above 10% or an inconclusive value, MaxDiligence recommended a BPO or field review be
 ordered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With
 regard to the use of comparable properties, MaxDiligence's review will (a) reviewed
 the relative comparable data (gross and net adjustments, sale dates and distance from
 subject property) and ensure that such comparable properties are within standard appraisal
 guidelines; (b) confirmed the property value and square footage of the subject property
 was bracketed by comparable properties, (c) verified that comparable properties used
 are similar in size, style, and location to the subject, and (d) checked for the reasonableness
 of adjustments when reconciling value between the subject property and comparable properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
 aspects of MaxDiligence's review included (i) verifying that the address matched
 the mortgage note, ((ii) if requested, noting whether the property zip code was declared
 a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
 confirming the appraisal report does not include any apparent environmental problems,
 (iv) confirming the appraisal notes the current use of the property is legal or legal
 non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
 is in average or better condition and any repairs are noted where required and (b) that
 the subject property is the one for which the valuation was ordered and that there are
 no negative external factors; and (vi) confirming that the value product that was used
 as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, MaxDiligence will confirm consistency among the
 valuation products and if there are discrepancies that could not be resolved, MaxDiligence
 created an exception, and work with the client on the next steps which may include ordering
 of additional valuation products such as collateral desktop reviews, broker's price
 opinions, and full appraisals, if needed. If the property valuation products included
 in MaxDiligence's review result in a variance of more than 10% then the client
 was notified of such variance.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. MaxDiligence
 confirmed to the extent possible, that the appraiser and the appraisal made by such appraiser
 both satisfied the requirements of Title XI of FIRREA. Specifically, MaxDiligence will
 review the appraisal for conformity to industry standards, including ensuring the appraisal
 was complete, that the comparable properties and adjustments were reasonable and that
 pictures were provided and were accurate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
 addition, MaxDiligence accessed the ASC database to verify that the appraiser, and if
 applicable the appraiser's supervisor, were licensed and in good standing at the
 time the appraisal was completed.

**Compliance Review**

"Compliance Review" means that MaxDiligence reviewed each Loan to determine, as applicable and subject to the limitations below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements, each as amended. A Compliance Review shall not apply to business purpose loans.

The below Compliance Review is applicable to Loans with an application date on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). With regard to TRID testing, MaxDiligence implemented the TRID scope of review as detailed in (i) Section III -Regulatory Compliance of the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. On an ongoing basis, MaxDiligence reviews updated interpretations of TRID through informal guidance provided by the Consumer Financial Protection Bureau ("CFPB"), such CFPB guidance may cause changes in the review scope and severity of TRID related exceptions, including applicable cures. While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Reviewed
 the initial LE and confirmed (i) the correct form was used; (ii) all sections of the
 Initial LE are completed; and (iii) the initial LE accurately reflects the information
 provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 there is a revised LE, confirmed (i) that there is a "valid reason" for the
 revised LE; and (ii) that the revised LE was issued within three (3) days of the change.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determined
 which LE in the file is the "final binding" LE for the purpose of Tolerance
 Testing. A revised LE that is issued after the CD, or that does not state a valid reason
 will not be used for the purposes of Tolerance Testing. All revised LEs issued to the
 consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirmed
 initial LE was delivered within three (3) business days from the application date, and
 at least seven (7) business days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirmed
 revised LE was delivered within three (3) business days from date of the "valid
 reason" giving rise to the Revised LE, and at least four (4) business days prior
 to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirmed
 that certain sections of each LE determined to carry assignee liability were accurately
 completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Reviewed
 the CD and confirmed (i) the correct form was used; (ii) all sections of the CD are completed;
 and (iii) the CD accurately reflected the information provided to MaxDiligence.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If
 a subsequent CD is issued, confirmed (i) that there was a valid reason for the change;
 (ii) that the CD was issued within three (3) days of the change; and (iii) whether the
 reason for the change requires a new 3-day waiting period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirmed
 initial CD, and any subsequent CD with material changes (i.e. changes that require a
 new waiting period), was received at least three (3) business days prior to the consummation
 date. With respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than sixty (60) days after discovery of the exception
 establishing the need for a revised CD or with respect to exception remediation measures
 for non-numerical exceptions, that a corrected CD was delivered or placed in the mail
 no later than sixty (60) days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below:

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure
 to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure
 to provide the right of rescission notice in a timely manner and to the correct consumer(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. errors
 in the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure
 to provide the correct form of right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. failure
 to provide the three (3) business days rescission period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. any
 material disclosure violation on a rescindable loan that gives rise to the right of rescission
 under TILA, which means the required disclosures of the annual percentage rate, the finance
 charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compared the fees disclosed in the final binding LE to those in the final
 CD, and confirmed that final CD fees are within the permitted tolerances. Confirmed the
 total of payments are considered accurate as defined by Regulation Z. Confirmed finance
 charge tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Reviewed the file to determine (i) whether there is evidence that certain
 changes or errors (per the regulation) were discovered subsequent to closing, (ii) and
 whether the Loan originator followed the prescribed cure. Test for evidence such as a
 copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
 and (iii) with respect to applicable exception remediation measures for numerical exceptions,
 confirm that a letter of explanation, as well as a refund as applicable, was delivered
 or placed in the mail no later than sixty (60) days after discovery of the exception
 establishing the need for a revised CD or with respect to exception remediation measures
 for non-numerical exceptions, that a corrected CD was delivered or placed in the mail
 no later than sixty (60) days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Confirmed
 the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage
 loan file contains documentary evidence that the disclosure was provided to the borrower;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirmed
 Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business
 days after receipt of application.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points
 and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR
 threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment
 penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance
 with the disclosure requirements, limitation on terms and prohibited acts or practices
 in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Higher-priced Mortgage Loan (§1026.35):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. APR
 threshold test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Compliance
 with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With
 respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan
 Originator Compensation and Steering (§1026.36):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Reviewed
 relevant documentation to determine if compensation to a Loan Originator was based on
 a term of the transaction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Reviewed
 relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Reviewed
 the presence of the mortgage loan option disclosure and to determine if the Steering
 Safe Harbor provisions were satisfied.

● Note: Where available, MaxDiligence reviewed the relevant documents in the mortgage loan file and, as necessary, attempted to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures, MaxDiligence's review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determined
 if the creditor obtained proof of homeownership counseling in connection with a mortgage
 loan to a first-time homebuyer that contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Mandatory Arbitration Clauses (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determined
 if the terms of the mortgage Loan require arbitration or any other non-judicial procedure
 to resolve any controversy or settle any claims arising out of the transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determined
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
 in jurisdictions where it is prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Reviewed
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verified
 the data against the NMLSR database, as available.

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirmed
 the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verified
 the Servicing Disclosure Statement was provided to the borrower(s) within three (3) business
 days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirmed
 the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
 loan file or that the mortgage loan file contains documentary evidence that the disclosure
 was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirmed
 the Your Home Loan Toolkit /Special Information Booklet was provided within three (3)
 business days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirmed
 the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirmed
 that the CHARM booklet was issued within three (3) business days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirmed
 the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
 in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirmed
 the Affiliated Business Arrangement Disclosure was provided no later than three (3) business
 days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirmed
 the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirmed
 the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and
 proper timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirmed
 that the creditor provided the borrower a list of homeownership counselling organizations
 within three (3) business days of application; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xii. Confirmed
 that the list of homeownership counselling organizations was obtained no earlier than
 30 days prior to when the list was provided to the mortgage loan applicant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>:
 The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
 as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing
 and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging
 of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing
 of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) 
 With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
 confirm that (a) the borrower has signed the waiver or other acknowledgment at least
 three (3) business days prior to consummation; and (b) that the lender has provided copies
 of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local
 Predatory Lending:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 disclosure requirements and prohibitions of state, county and municipal laws and ordinances
 with respect to "high-cost" mortgage loans, "covered" mortgage
 loans, "higher-priced" mortgage loans, "home" mortgage loans
 or any other similarly designated mortgage loan as defined under such authorities, or
 subject to any other laws that were enacted to combat predatory lending, as may have
 been amended from time to time;

![](ex9942001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay
 Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal
 and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>.
 MaxDiligence did not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan
 types that are excluded from compliance with TRID.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical
 formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other
 Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing
 transfer and partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For
 Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after
 January 1, 2016, whether prohibited fees were collected prior to the initial LE being
 issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether
 any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether
 the loans comply with all federal, state or local laws, constitutional provisions, regulations
 or ordinances that are not expressly enumerated above.

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher, with 85% of the pool receiving an Overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;119 | &nbsp;&nbsp;85.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;21 | &nbsp;&nbsp;15.0% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**140** | &nbsp;&nbsp;**100.0%** |
| &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;121 | &nbsp;&nbsp;86.43% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;19 | &nbsp;&nbsp;13.57% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**140** | &nbsp;&nbsp;**100.0%** |
| &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;138 | &nbsp;&nbsp;98.57% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.43% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**140** | &nbsp;&nbsp;**100.0%** |
| &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;140 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**140** | &nbsp;&nbsp;**100.0%** |

---

![](ex9942001.jpg)

**Exception Category Summary**

The table below summarizes the individual exceptions which carried an associated "A", "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Credit Grade of "A", Compliance Grade of "B", and a Valuation Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception Level Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided - eResi | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Miscellaneous | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;AUS - Approval Conditions Not Documented | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;AUS Partially Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Deed of Trust Signature does not match Note | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 DOT Signature does not Match Note | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 W2/1099 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Business Purpose - Loan Guaranty/Missing | &nbsp;&nbsp;2 |

---

![](ex9942001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Cash Deposit | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Corporation/LLC: Certificate of Good Standing Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: EIN Doc is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Eligibility - Citizenship Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Final Settlement Statement Missing. | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;First Payment Letter Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Flood Certificate Partially Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Fraud Report Shows Uncleared Alerts | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;General: Fictitious or Assumed Business or Trade Name Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Coverage is less than all Subject Lien(s) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;HO6 Master Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Comparable Rent Schedule Form 1007 Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Income - Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - Not Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Missing Business Purpose Affidavit | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Missing VVOE dated within 10 days consummation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;72 |
| &nbsp;&nbsp;OFAC Check Not Completed and/or Cleared | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Program Parameters - Loan Purpose | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Satisfactory Chain of Title not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;State Testing - Texas A6 Cash Out Fair Market Value | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title Coverage is Less than Subject Lien(s) Total | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Title issue | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Verification Documentation - VOM Missing/Incomplete | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;162 |

---

![](ex9942001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income - Income Documentation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income - Rental Property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;11 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Number of Financed Properties | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***21*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;1004D Completion Report is not on an as-is basis | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Appraisal - Miscellaneous | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Loan Purpose is Purchase but Purchase Contract Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;7 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Missing Doc - Updated Completion Report (442/1004D) Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Subject property appraisal is not on an as-is basis (Primary Value) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;The appraiser was not licensed (Primary Value) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Value - Field Review Supports Value within 10% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;**A** | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;126 |
|  |  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***140*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Condo - Warrantability | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;1-4 Family Rider is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Certificate of Investment Purpose Disclosure is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test (50001251) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Final CD: Prepayment Penalty is missing or inaccurate | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Insufficient Change of Circumstance (50001252) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - Affiliated Business Disclosure/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing evidence Mortgage/Deed of Trust will be recorded | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing required 1-4 family rider | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;21 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;103 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;PUD Rider is Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;The Final 1003 is Incomplete | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;The Note is Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;TRID: Missing Initial Closing Disclosure | &nbsp;&nbsp;3 |
|  |  | &nbsp;&nbsp;TX 50(a)(6) Notice of Extension of Credit / 12 Day Letter Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***142*** |

---

![](ex9942001.jpg)

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 140 mortgage loans reviewed, 92 unique mortgage loans (by loan count) had a total of 175 different tape discrepancies across 19 data fields. A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;140 | &nbsp;&nbsp;0.82% |
| &nbsp;&nbsp;Borrower 1 Origination FICO | &nbsp;&nbsp;6 | &nbsp;&nbsp;140 | &nbsp;&nbsp;4.92% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;32 | &nbsp;&nbsp;140 | &nbsp;&nbsp;22.95% |
| &nbsp;&nbsp;Date Last Rate Was Set | &nbsp;&nbsp;14 | &nbsp;&nbsp;140 | &nbsp;&nbsp;10.66% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;7 | &nbsp;&nbsp;140 | &nbsp;&nbsp;4.92% |
| &nbsp;&nbsp;Lender Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;0.82% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;1 | &nbsp;&nbsp;140 | &nbsp;&nbsp;0.82% |
| &nbsp;&nbsp;Loan Program Version Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;140 |  |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;140 | &nbsp;&nbsp;3.28% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;28 | &nbsp;&nbsp;140 | &nbsp;&nbsp;21.31% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;5 | &nbsp;&nbsp;140 | &nbsp;&nbsp;4.10% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;14 | &nbsp;&nbsp;140 | &nbsp;&nbsp;9.84% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;140 | &nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;49 | &nbsp;&nbsp;140 | &nbsp;&nbsp;35.25% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;140 | &nbsp;&nbsp;0.82% |

---

![](ex9942001.jpg)

**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. |

---

![](ex9942001.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;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The value is supported within 10% of the original appraisal by the AVM or there are other supporting documents in the originators loan file package (CDA, Field Review or Second Appraisal). The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal by the AVM and there are no other valuation support documents in the loan file provided by the Seller. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. The appraisal was performed on an "as-is" basis and the property is complete and habitable. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The value is not supported within 10% of the original appraisal. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. The appraisal was not performed on an "as is" basis. The appraiser was not appropriately licensed or did not use GSE approved forms. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.43

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.43**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| 2026020195 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020195 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020195 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020243 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020243 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020243 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020243 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Requesting an exception due to the borrower doesn't show a recent XXX month housing<br> payment history. Prior mortgages reporting from XXX and current mtg from XXX<br> all show timely pymts made <br>|  |  |  | Program Min FICO: XXX FICO: XXX <br> Program Min DSCR: XXX DSCR: XXX<br> Program Min Reserves: XXX Own Reserves: XXX | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. Provide 1007 to support market rent used of $XXX <br>|  | Document Uploaded. Short-Term Rental Feasibility Report - XXX | Short-Term Rental Feasibility Report provided. Condition resolved. - XXX<br> Document Uploaded. Short-Term Rental Feasibility Report - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Guidelines do not permit the subject property to be XXX in a XXX - A formal exception is in file.  |  |  |  | Compensating factors include XXX XXX over XXX months mortgage history XXX for several mortgages XXX mortgages no<br> adverse credit events. XXX months reserves XXX months required good credit | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | General: Fictitious or Assumed Business or Trade Name Doc is Missing | The loan file does not contain sufficient documentation to verify the XXX, assumed business or trade name. Unable to locate XXX documentation to support borrowers business XXX XXX. Please provide documentation for formation and operating agreement of business and EIN number <br>|  | Document Uploaded. Entity Documents. - XXX | Entity docs provided. Condition resolved. - XXX<br> Document Uploaded. Entity Documents. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020275 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per XXX guidelines, layered or XXX entities are not permitted. Exception request for XXX. <br>|  |  |  | The compensating factors are XXX months reserves, XXX XXX, over XXX months mortgage history XXX for several mortgages XXX mortgages no adverse credit events. XXX% LTV, DSCR ratio of XXX, and XXX months XXX. | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020279 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020279 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020279 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020280 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. XXX with no housing history are not allowed. A formal exception is in the file. <br>|  |  |  | Loan approved based on XXX FICO, XXX months reserves and XXX DSCR. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020280 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020280 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020280 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020291 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020291 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020291 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020300 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020300 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020300 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020342 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020342 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020342 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020343 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Borrower is a first-time investor with no XXX month housing history. Borrower lives rent free. A formal exception is in the file. <br>|  |  |  | Loan approved based on an LTV of XXX%, XXX months of reserves, XXX credit score and DSCR ratio above XXX. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020343 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020343 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020171 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Final CD: Prepayment Penalty is missing or inaccurate | Per the Pre-Payment penalty Rider and the Pre-Payment penalty Addendum to the note the Pre-Payment penalty is XXX%/XXX%/XXX% over XXX months of >XXX% of the XXX - the XXX has the incorrect XXX of XXX of the full XXX. The corrected CD is required.  |  | Document Uploaded. Rebuttal - XXX | Concur. The prepayment XXX state "XXX (XXX%)...., of the portion of such prepayment equal to the principal amount prepaid." Does not state XXX% of the amount over XXX% prepaid. So the amount disclosued is correct. - XXX<br> Document Uploaded. Rebuttal - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020171 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Subject was listed and removed : XXX per XXX <br>|  |  |  | DSCR: XXX<br> Program Max LTV: XXX LTV: XXX<br> Program Min Reserves: XXX Own Reserves: XXX | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020171 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020365 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020365 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020365 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing VOM or VOR | Provide missing VOM on subject being paid off XXX |  | Document Uploaded. Supporting Document - XXX | VOM provided. Condition resolved. - XXX<br> Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020388 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020388 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020388 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020394 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX/1099 Missing | Borrower 1 XXX missing. Lender to provide XXX for most recent XXX years XXX. Documents provided are blank. <br>|  | Document Uploaded. XXX - XXX<br> Document Uploaded. XXX XXX in file - XXX | Borrower 1 XXX and XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. XXX - XXX<br> Condition upheld. XXX XXX provided. Provide XXX XXX. - XXX<br> Document Uploaded. XXX XXX in file - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020394 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020394 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020404 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020404 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020404 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020410 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020410 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020410 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020411 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020411 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020411 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020418 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020418 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020418 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Subject was listed for sale and removed on XXX with an application date of XXX. Guidelines requires the property to be removed from listing for a minimum of one month. A formal exception is in the file. <br>|  |  |  | Loan approved based on credit score, DSCR and reserves. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020075 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020075 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020075 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020421 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020421 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020421 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Verification Documentation - VOM Missing/Incomplete | The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Provide missing XXX on subject XXX , XXX being paid off to XXX<br>|  | Document Uploaded. Subject property purchased XXX. 1st Payments not dues until XXX. Notes in file. - XXX | UW memo provided. XXX Payments not dues until XXX. Notes in file. Condition resolved. - XXX<br> Document Uploaded. Subject property purchased XXX. XXX Payments not dues until XXX. Notes in file. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020421 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Guideline Requirements | The income documents provided in the loan file did not meet guidelines. Provide accessary unit file must include a copy of the current lease FOR $XXX with two months proof of current receipt <br>|  | Document Uploaded. 1. Loan did not qualify using rent from ADU.<br> 2. Subject property purchased XXX. XXX Payments not dues until XXX. Notes in file. - XXX | UW memo provided. Condition resolved. - XXX<br> Document Uploaded. 1. Loan did not qualify using rent from ADU.<br> 2. Subject property purchased XXX. XXX Payments not dues until XXX. Notes in file. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020253 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020253 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020253 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020224 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020224 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020224 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020500 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing the Verification of rent for the current address of the borrower's Primary residence. <br>|  | Document Uploaded. Rent Payments. - XXX | VOR/VOM provided. Condition resolved. - XXX<br> Document Uploaded. Rent Payments. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020500 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020500 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020129 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020093 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020093 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020093 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Certificate of Good Standing Doc is Missing | The loan file does not contain the XXX: Certificate of Good Standing. Unable to locate a current Certificate of Good Standing for The XXX. Please provide a recent document evidencing The XXX is in good standing. <br>|  | Document Uploaded. Supporting Document - XXX | Certificate of Good Standing provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020093 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: XXX Doc is Missing | The loan file does not contain the XXX: EIN documentation. Unable to locate the EIN documentation for The XXX. Please provide evidence of the EIN. <br>|  | Document Uploaded. Supporting Document - XXX | EIN Provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Property Issue - XXX | The subject appraisal verified a XXX location not allowed per guidelines.  |  |  | GL's allow rural, property meets GL's - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of 'XXX' are less than $XXX. The XXX XXX statement shows a balance of XXX. On page XXX there is a statement that shows XXX shares being sold. There are still sufficient funds in account to use as reserves. The final 1003 shows just using XXX. The reserves are showing as - XXX. The 1008 also states total assets verified are XXX. <br>|  |  | Total Cash reserves are greater than $XXX. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. B1 has sufficient funds in XXX XXX account, but only choose to use XXX as assets. The is no letter of explanation in file from underwriter or borrower on why this amount was used. <br>|  |  | Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Fraud Report Shows Uncleared Alerts | Fraud Report shows uncleared alerts. Originator to provide fraud report with cleared alerts. <br>|  | Document Uploaded. The fraud alerts were addressed/commented by UW on the borrower profile delivered with loan (pg XXX). We do not purchase/obtain a fraud report with cleared alerts, we only investigate and clear the alerts internally. - XXX | Document provided. Condition resolved. - XXX<br> All Fraud Report Alerts have been cleared or None Exist - XXX<br> Document Uploaded. The fraud alerts were addressed/commented by UW on the borrower profile delivered with loan (pg XXX). We do not purchase/obtain a fraud report with cleared alerts, we only investigate and clear the alerts internally. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020095 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020097 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. The 1007 in the file only provides estimated rents for the front house in the amount of $XXX. The lender considered the $XXX rental income for the XXX, but the appraiser did not estimate the XXX unit rent. Please provide an updated 1007 reflecting an estimate of the XXX rent and include a rent comparable with an XXX. <br>|  | Document Uploaded. 2. I've attached the lease for the main house only for $XXX<br> 3. I've also attached the online listing when the property was listed for rent at $XXX<br> 4. Proof of rents is only required if using higher than market which we are not. - XXX<br> Document Uploaded. updated appraisal - XXX | Updated guidelines provided for review, condition resolved, 1007 in file reflects market rents. - XXX<br> Document Uploaded. 2. I've attached the lease for the main house only for $XXX<br> 3. I've also attached the online listing when the property was listed for rent at $XXX<br> 4. Proof of rents is only required if using higher than market which we are not. - XXX<br> Condition upheld. Per guidelines for properties with an ADU: Refinance: Market rent for the accessary unit should be documented on Form 1007, and the file must include a copy of the current lease with two months proof of current receipt. <br> The 1007 does not contain market rent for the ADU, nor does the file contain evidence of two months current rent receipt. using the current market rent of $XXX the DSCR is XXX. - XXX<br> Document Uploaded. updated appraisal - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020101 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. Unable to locate signed Business Purpose and Occupancy Affidavit. Please provide the fully executed Business Purpose and Occupancy Affidavit. <br>|  | Document Uploaded. Supporting Documents - XXX | Business Purpose and Occupancy Affidavit provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020101 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - XXX Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Missing a satisfactory 3rd party valuation product. Note: The LCA and CU scores are greater than XXX. <br>|  | Document Uploaded. Supporting Document - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020101 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020109 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Subject property appraisal is not on an as-is basis (Primary Value) | Primary value subject property appraisal is not on an as-is basis. Provide missing appraisal update completion report <br>|  | Document Uploaded. Supporting Document - XXX | Updated appraisal report provided. Condition resolved. - XXX<br> Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. <br>|  | Document Uploaded. No Claims Letter - XXX | Received insurance explanation with no claims for the XXX day XXX, which is sufficient to resolve. - XXX<br> Condition upheld. A no claims letter is unacceptable. Policy coverage should have started on or before XXX. - XXX<br> Document Uploaded. No Claims Letter - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | Borrower 1 XXX Credit Report is not missing. - XXX<br> XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Missing | Borrower 2 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | Borrower 2 XXX Credit Report is not missing. - XXX<br> XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020117 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Missing VVOE dated within XXX days consummation | Missing VVOE dated within XXX days consummation for XXX |  | Document Uploaded. Supporting Document - XXX | WVOE/VVOE provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020143 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020143 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020143 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020144 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020144 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020144 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020148 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020148 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | XXX - Warrantability | XXX project is not warrantable, or documentation not provided to determine warrantability Subject is a XXX project. The investor concentration is XXX%. The borrower's businesses will own XXX of the XXX units in the project. Please provide a formal XXX exception. Updated XXX - Subject is a XXX project. The investor concentration is XXX%. The borrower's businesses will own all XXX units in the project. Please provide a formal XXX exception. <br>|  | Document Uploaded. XXX docs per exception - XXX<br> Document Uploaded. Supporting Document - XXX | Condition waived. XXX waiver letter provided. - XXX<br> XXX project is warrantable, or documentation has been provided to determine warrantability. - XXX<br> Document Uploaded. XXX docs per exception - XXX<br> Condition upheld. Document provided is a request for approval. Please provide the "approved" exception request. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020148 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. Missing the final settlement statement for the concurrent purchase of XXX XXX XXX #XXX to verify the borrower has sufficient funds to close and reserves.  |  | Document Uploaded. Supporting Document - XXX | Received XXX - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020164 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - Updated Completion Report (XXX) Missing | The loan file did not contain the updated completion report (XXX) as required. Per the appraisal report, subject does not have XXX and XXX detectors at the time of inspection. Please provide a XXX verifying the detectors have been installed or appraiser to confirm the XXX and XXX detectors are not required. <br>|  | Document Uploaded. Supporting Documents - XXX <br> Document Uploaded. Supporting Document - XXX | Docs provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX<br> Notice of completion is required as per the underwriter. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020164 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020164 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020168 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020168 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020168 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020181 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020181 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020181 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: XXX Doc is Missing | The loan file does not contain the XXX: EIN documentation. Unable to locate the EIN documentation for XXX. Please provide the EIN documentation. <br>|  | Document Uploaded. XXX verification forXXX | XXX: EIN documentation provided. Condition resolved. - XXX<br> Document Uploaded. EIN verification for XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020181 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The borrower has XXX% ownership in XXX and the other three members with XXX% ownership each are not on the loan. Guidelines require members with XXX% or greater ownership to be on the loan. A formal exception is in the file. <br>|  |  |  | Loan approved based on credit score of XXX, DSCR of XXX% LTV, good credit history and cash out used for reserves. | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020251 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020183 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020183 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020183 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020390 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020390 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020390 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Operating Agreement Doc is Missing | The loan file does not contain the XXX: Operating Agreement. Provide Tax professional letter or operating agreement that reflects the borrower's XXX% ownership percentage in XXX <br>|  | Document Uploaded. XXX to show percentage of ownership - XXX | XXX: Operating Agreement provided. Condition resolved. - XXX<br> Document Uploaded.XXX to show percentage of ownership - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020390 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Operating Agreement Doc is Incomplete | The XXX: Operating Agreement in file is incomplete. Provide documentation to verify borrower's ownership percentage in XXX<br>|  | Document Uploaded. XXX for XXX<br> Document Uploaded. XXX agreement memebers - XXX | XXX: Operating Agreement provided. Condition resolved. - XXX<br> Document Uploaded. XXX EIN for XXX - XXX<br> Condition upheld. Please provide EIN for XXX. - XXX<br> Document Uploaded. XXX operating agreement memebers - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020390 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Provide copy of final settlement statement, new final note, Tax and HOA for XXX against new primary XXX verifying PITIA is no more than XXX as used in DTI. <br>|  | Document Uploaded. Items for XXX | Documents provided and verified. Condition resolved - XXX<br> Document Uploaded. Items for XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020242 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Missing evidence Mortgage/Deed of Trust will be recorded | Missing evidence of Mortgage recording. Unable to locate mortgage was sent for recording as it is not noted on the Final CD <br>|  | Document Uploaded. Supporting Document - XXX | Evidence of Mortgage Recording is present or Mortgage has been sent for Recording - XXX<br> Received recorded DOT - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020242 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Loan purpose is purchase and valuation type of purchase contract has not been selected. Unable to locate the Purchase Contract and all addendums, if any <br>|  | Document Uploaded. Supporting Document - XXX | Purchase contract/Addendum provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020242 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Assets - Miscellaneous | The loan file does not contain all required asset documentation. Unable to locate proof of XXX proceeds of XXX from relinquished property being used for funds to close <br>|  | Document Uploaded. Supporting Document - XXX | CD provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020242 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020242 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Loan Purpose | The subject loan does not meet program parameters for loan purpose. The subject transaction does not meet guidelines. Loan does not meet program parameters loan is a DSCR with income from XXX was provided in file, per guidelines, income derived from regular employment or other investments, retirement should disclosed <br>|  | Document Uploaded. Supporting Document - XXX | LOE provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020201 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020201 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020201 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Approval/Underwriting Summary Not Provided - XXX | The loan did not contain the Approval/Underwriting Summary. <br>|  | Document Uploaded. Supporting Document - XXX | 1008 was provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty | Note does not indicate a prepayment penalty but CD indicates a prepayment penalty. <br>|  | Document Uploaded. Supporting Document - XXX | Prepayment XXX was provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Note does not indicate a prepayment penalty but CD and Payment Letter indicates a prepayment penalty. Missing Prepayment XXX - XXX |  | XXX | Resolved | 1 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020203 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020206 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020206 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. XXX DRIVE REPORT PLEASE CLEAR CONDITION - XXX | XXX CR provided. Condition resolved. - XXX<br> Borrower 1 XXX Credit Report is not missing. - XXX<br> Document Uploaded. XXX DRIVE REPORT PLEASE CLEAR CONDITION - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020206 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Please provide XXX month VOM for subject property <br>|  | Document Uploaded. no pymt due - XXX | Received letter from lender - XXX<br> Document Uploaded. no pymt due - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Audited Loan Amount is less than Guideline Minimum Loan Amount | Audited loan amount is less than the guideline Minimum loan amount. Loan amount is less than minimum of XXX allowed per guidelines. Please provide evidence of approved exception <br>|  | Document Uploaded. exception - XXX | Minimum loan amount is $XXX per XXX matrix. - XXX<br> Audited Loan Amount of $XXX is greater than or equal to the Guideline Minimum Loan Amount of $XXX - XXX<br> Document Uploaded. exception - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020209 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).  |  | Document Uploaded. Supporting Document - XXX | Borrower 1 XXX Credit Report is not expired. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).  |  | Document Uploaded. Supporting Document - XXX | Borrower 2 XXX Credit Report is not expired. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | First Payment Letter Missing | First Payment Letter is Missing. File is missing the First Payment Letter. The form information must match the XXX/Final CD and XXX Waiver/XXX. <br>|  | Document Uploaded. Supporting Document - XXX | First Payment Letter is not Missing. - XXX<br> First Payment Letter is not Missing. File is missing the First Payment Letter. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | XXX is Missing | The file is missing the XXX. Per Mortgage, Assignment of Leases and XXX was executed; however, the rider was not provided. <br>|  | Document Uploaded. Supporting Document - XXX | Assignment of Leases and Rent provided and satisfies this requirement. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Void | 3 |  | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Approval/Underwriting Summary Not Provided - XXX | The loan did not contain the Approval/Underwriting Summary. Neither the Loan Approval nor the 1008 were provided for review. <br>|  | Document Uploaded. Supporting Document - XXX | Approval/Underwriting Summary is fully present - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | All Interested Parties Not Checked with Exclusionary Lists | All interested parties not checked with exclusionary lists. Guidelines require watchlist verification and confirm parties to the subject transaction are not included on the lists. Any high alerts or red flags must be cleared. <br>|  | Document Uploaded. Supporting Document - XXX | All Interested Parties Checked against Exclusionary Lists - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX Check Not Completed and/or Cleared | XXX check not completed and/or cleared. Guidelines require XXX check. Any high alerts or XXX must be cleared. <br>|  | Document Uploaded. Supporting Document - XXX | XXX Check Completed and Cleared - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020226 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. The one provided was marked "estimated". <br>|  | Document Uploaded. Supporting Document - XXX | Final Settlement statement received, no issues. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020236 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. Unable to locate a personal guaranty. Please provide a fully executed personal guaranty. <br>|  | Document Uploaded. Supporting Document - XXX | The Personal Loan Guaranty is not missing. - XXX<br> Personal Loan Guaranty provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020236 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020236 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: Operating Agreement Doc is Missing | The loan file does not contain the XXX: Operating Agreement. The XXX documents for XXX do not match the XXX, XXX, XXX, XXX for this loan. Please provide the XXXdocuments for XXX. <br>|  | Document Uploaded. Supporting Document - XXX | UW LOX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020236 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Satisfactory XXX not Provided | XXX provided. Unable to locate a XXX month XXX on the preliminary title report. Please provide a XXX month XXX. <br>|  | Document Uploaded. Supporting Document - XXX | Satisfactory XXX has been provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020236 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | XXX is Missing | The file is missing the XXX.  |  | Document Uploaded. Supporting Document - XXX | The file is missing the XXX. - 01/12/2026<br> The file is missing the XXX. Assignment of Rent rider was used in place. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | The appraiser was not licensed (Primary Value) | Primary value appraiser's license was not effective prior to the valuation date or expired prior to the valuation date. <br>|  | Document Uploaded. Supporting Document - XXX | Primary Value appraiser's license was effective prior to the Valuation Date and expired after the Valuation Date Or Primary Valuation Is Not Selected Or Appraiser License Dates Are Not Provided - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020238 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX. - XXX |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Texas - Maximum Fees Allowed | The Texas Constitution prohibits fees from exceeding XXX% of the principal balance on a non-purchase money loan. (XXX 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) . <br>|  | Document Uploaded. Supporting Document - XXX | Added in error - XXX<br> XXX error. Discount point not excluded. - XXX<br> Document Uploaded. Supporting Document XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | XXX - XXX XXX% Fee Limit | The XXX prohibits fees from exceeding XXX% of the principal balance on a XXX. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) Unable to determine if discount points are XXX discount points. Please provide undiscounted rate. <br>|  | XXX error. Discount point not excluded. - XXX<br> Document Uploaded. Supporting Document - XXX | Added in error - XXX<br> XXX error. Discount point not excluded. - XXX<br> XXX error. Discount point not excluded. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | State Testing - XXX Cash Out Fair Market Value | The XXX of Fair Market Value of XXX is missing and/or does not meet all required criteria. The lender did not sign the Acknowledgement of fair market value <br>|  | Document Uploaded. Supporting Document - XXX | Acknowledgement of fair market value doc provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020246 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | XXX Notice of Extension of Credit / XXX Day Letter Missing | XXX(a)(XXX) Notice of Extension of Credit / XXX Day Letter Missing  |  | Document Uploaded. Supporting Document - XXX | Received XXX day disclosure. Finding resolved - XXX<br> XXX XXX Notice of Extension of Credit / XXX Day Letter was not provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020249 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020442 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020442 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020442 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020254 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Assets - Miscellaneous | The loan file does not contain all required asset documentation. Per the guidelines, for the use of business assets, XXX letter required confirming withdrawal will not impair operations, no XXX letter was located in the loan file. Additionally, per the guidelines, the borrower must be at least XXX% owner of the business to use XXX% of the assets, unable to determine the borrower's ownership percentage in the business "XXX". <br>|  | Document Uploaded. Please see updated final URLA and 1008. The XXX was removed. - XXX <br> Document Uploaded. Supporting Document - XXX | Updated final URLA and 1008 removing business account provided. Condition resolved. - XXX<br> Document Uploaded. Please see updated final URLA and 1008. The business asset account was removed. - XXX<br> Condition upheld. Unable to determine the borrower's ownership percentage in the business "XXX". Provide CPA letter with percentage of ownership listed. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020254 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020254 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020263 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020263 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The Borrower is a housekeeper and the borrowers name listed on the bank statement is however a majority of transactions are business related. There are withdrawals that appear to be personal, but the deposits appear to be business related. Requesting an exception based on the guideline for blended bank statements. <br>|  |  |  | Credit score XXX pts above min<br> DTI XXX<br> payment is reducing by $XXX<br> Reserves XXX month required XXX-verified<br> residual Income XXX<br> LTV XXX%<br> Credit History XXX for at least XXX. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020263 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020264 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020264 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020264 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of XXXare less than $XXX.  |  |  | Total Cash reserves are greater than $XXX. - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020277 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020277 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).  |  | Document Uploaded. Supporting Document - XXX | Borrower 1 XXX Credit Report is not expired. - XXX<br> XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020277 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date) | Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).  |  | Document Uploaded. Supporting Document - XXX | Borrower 2 XXX Credit Report is not expired. - XXX<br> XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020277 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020283 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020286 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | The Note is Missing | The Note is missing. Could not locate the Note in the loan file. Please provide a copy of the Note for this Refinance transaction. <br>|  | Document Uploaded. Supporting Document - XXX | Signed Note was provided. Condition resolved. - XXX<br> The Note has been provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 2 |
| 2026020286 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020286 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Originator to provide documentation to support gross rental income of $XXX found on page XXX. <br>|  | Document Uploaded. Supporting Document - XXX | Short Term Rents including personal check payments are being allowed with approved exception provided. XXX<br> Documents provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX | Compensating factors include Low LTV of XXX% and high Fico of XXX, both exceed guideline requirements. | XXX | Waived | 3 | 2 | 4 | 2 |
| 2026020286 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. <br>|  |  |  |  | XXX | Void | 3 |  | 4 | 2 |
| 2026020287 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Unable to locate the title coverage of XXX. Please provide a title supplement for the title coverage or a closing protection letter. <br>|  | Document Uploaded. Supporting Document - XXX | Title coverage amount of $XXX is equal to or greater than total amount of subject lien(s) $XXX - XXX<br> Title supplement provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020287 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied. The loan file contains a CU with a risk score of XXX which meets the lender's requirements of a risk score of XXX or less. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020287 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX. The subject loan was approved under DSCR guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020293 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | per XXX guidelines section XXX, debt monitoring is not required on DSCR loans. - XXX<br> Document Uploaded. credit report - XXX | Borrower 1 XXX Credit Report is not missing. - XXX<br> Per guidelines Debt monitoring is not required on DSCR loans. Condition resolved - XXX<br> per XXX guidelines section XXX, debt monitoring is not required on DSCR loans. - XXX<br> Document Uploaded. credit report - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020293 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020293 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020445 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020445 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | The Final 1003 is Incomplete | The final 1003 is incomplete. XXX signed the Note XXX and as a XXX. Since the Note was signed XXX, missing a signed final loan application from XXX. <br>|  | Document Uploaded. 1. new docs<br> 2. LOI - XXX | LOE, note and DOD provided. Condition resolved. - XXX<br> Document Uploaded. 1. new docs<br> 2. LOI - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020445 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 Credit Report is Incomplete | Borrower 1 Credit Report is Partially Present. XXX signed the Note individually and as a XXX. Since the Note was signed XXX, missing a credit report for XXX. <br>|  | Document Uploaded. 1. new docs<br> 2. LOI - XXX | LOE, note and DOD provided. Condition resolved. - XXX<br> Document Uploaded. 1. new docs<br> 2. LOI - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020445 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX Partially Provided | The XXX in file was only partially provided. XXX signed the Note XXX and as a XXX. Since the Note was signed XXX, missing an updated XXX including XXX as a co-borrower. <br>|  | Document Uploaded. 1. new docs<br> 2. LOI - XXX | LOE, note and DOD provided. Condition resolved. - XXX<br> AUS is fully present - XXX<br> Document Uploaded. 1. new docs<br> 2. LOI - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020296 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020296 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020296 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020446 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020446 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020446 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020447 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020447 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020447 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 Deed of Trust Signature does not match Note | Borrower 1 Signature does not match Note Signature. The Note and Mortgage were signed as an XXX with no designation as acting for the XXX XXX. <br>|  | Document Uploaded. Act of correction - XXX<br> Document Uploaded. Supporting docs - XXX | Documentation provided is sufficient. - XXX<br> Document Uploaded. Act of correction - XXX<br> Condition upheld. The mortgage was signed as an individual with no designation as acting for the vested XXX. Provide update mortgage showing signed XXX by XXX managing member. - XXX<br> Document Uploaded. Supporting docs - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020306 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX XXX Post Closing Review | The subject property was located in a XXX declared disaster area. Post closing property inspection report required. XXX, XXX on XXX<br>|  |  |  |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020306 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 DOT Signature does not Match Note | Note signed XXX and DOT signed XXX by XXX managing member  |  | Document Uploaded. supporting docs - XXX | Updated note showing signature matching DOT signed XXX by XXX managing member provided. Condition resolved. - XXX<br> Document Uploaded. supporting docs - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020306 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020306 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020307 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020307 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020307 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020314 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020314 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020314 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020409 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - XXX Supports Value within XXX% | A XXX Review was performed. The original appraised value is supported with a variance within XXX%.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020409 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020409 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020245 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Lender to provide documentation that insurance was effective on disbursement date. Hazard insurance effective date is after the disbursement date. <br>|  | Document Uploaded. See CD, loan disbursed theXXX<br> Document Uploaded. hoi - XXX | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or the Date(s) Are Not Provided - XXX<br> CD provided. Loan disbursed the XXX. Condition resolved. - XXX<br> Document Uploaded. See CD, loan disbursed the XXX - XXX<br> Condition upheld. XXX provided has effective date XXX. Disbursement date is XXX. - XXX<br> Document Uploaded. hoi - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020325 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Please provide documentation to support the PITIA payments per the loan application for the following properties, as documentation was not provided: XXX;<br> XXX. Also, please provide current property tax and XXX information for primary residence at XXX. Property insurance was provided; however, XXX property tax information was provided and is not current and no XXX dues documentation found, to total XXX TIA (mortgage is not impounded) per loan application. <br>|  | Document Uploaded.XXX<br> 2.XXX<br> 3. XXX<br> 4. XXX<br> 5. XXX<br> 6. XXX<br> 7. XXX<br> 8.XXX<br> 9. primary expenses including HOA - XXX | Documents provided. Condition resolved. - XXX<br> Document Uploaded. XXX<br> 2.XXX<br> 3. XXX<br> 4. XXX<br> 5. XXX<br> 6. XXX<br> 7. XXX<br> 8. XXX<br> 9. primary expenses including HOA - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Please provide complete XXX months bank statements for qualifying income to include XXX charge information. Complete, separate bank statement information for XXX months was not provided and no XXX information was included. <br>|  | Document Uploaded. per XXX guidelines, XXX is acceptable and it shows all account activity - XXX | Bank statements provided. Condition resolved. - XXX<br> Document Uploaded. per XXX guidelines, accountcheck is acceptable and it shows all account activity - XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020326 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Number of Financed Properties | The subject loan does not meet program parameters for number of XXX. The number of XXX properties owned exceeds the max allowed XXX per guidelines. Lender exposure is over XXX loans/XXX - A formal exception is in file. <br>|  | Additional compensating factor noted was XXX% debt ratio. - XXX<br>|  | Compensating factors used were Loan to Value XXX% or more under guideline maximum, XXX or more years long term employment, and XXX or more years long term homeownership. | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020327 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020327 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Number of Financed Properties | The subject loan does not meet program parameters for number of XXX. The number of financed properties owned exceeds the max allowed XXX per guidelines. Exception provided for Maximum exposure for number of properties is XXX loans current exposure of XXX exceeds this guidelines <br>|  |  |  | Long term employment: XXX yrs <br> Long term homeownership; XXX yrs | XXX | Waived | 2 | 2 | 3 | 2 |
| 2026020327 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing VOM or VOR | Provide verification of mortgage on 1003 REO on the following properties: <br> XXX<br> XXX<br> XXX<br> XXX<br> XXX<br> XXX<br> XXX<br>|  | Document Uploaded. XXX<br> 2.XXX<br> 3. XXX<br> 4. XXX<br> 5. XXX<br> 6. XXX | Verification provided with HUDs - XXX<br> Condition upheld. Provide verification of mortgage on 1003 REO XXX. - XXX<br> Document Uploaded. XXX<br> 2. XXX<br> 3.XXX<br> 4. XXX<br> 5. XXX<br> 6.XXX |  | XXX | Resolved | 3 | 1 | 3 | 2 |
| 2026020327 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020332 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020332 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Guidelines state maximum LTV/CLTV for a first time investor is XXX% LTV/CLTV, and that XXX% LTV reductions are to be applied when the property is in a XXX and when Short Term Rents are used for qualifying. Per loan application and DataVerify, the borrower is a first time investor. Per appraisal report, the subject is in a XXX and market estimates for rent were provided for short term rental. Based on this information, maximum LTV/CLTV would be XXX%; however, loan was approved with XXX% LTV. No approved exception with compensating factors was provided to address the matter. <br>|  |  | Received guideline clarification, loan qualifies at XXX%. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020332 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Missing Deed of Trust Riders | XXX.  |  |  | Requirement for XXX is silent in the guidelines and XXX required second home XXX for second homes but no requirement found for short term rental XXX. - XXX |  | XXX | Void | 3 |  | 3 | 1 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX. Investment Purchase <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing Unable to locate Borrower 1 and Borrower 2 XXX Credit or Undisclosed Debt Notification (XXX) Reports. The fraud report in the file indicates monitoring has not started. Please provide a XXX Credit or UDN Report for both borrowers. <br>|  | Document Uploaded. UDN Report - XXX | XXX CR for B1 and B2 provided. Condition resolved. - XXX<br> Document Uploaded. XXX Report - XXX |  | XXX | Resolved | 4 | 1 | 4 | 2 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020334 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Income - Income Documentation Missing | The loan file did not contain the required income documentation. Guidelines require a XXX year history for overtime income. The written verification of employment only validates XXX months of overtime income. Please provide a formal exception allowing the overtime income for the borrower. Note: The written verification of employment with borrower's previous employer does not reflect any overtime income. <br>|  | Document Uploaded. Internal exception approval for XXX less than XXX-years - XXX | Exception approval provided. Condition waived. - XXX<br> Document Uploaded. Internal exception approval for XXX less than XXX-years - XXX | 1. Noted that although borrower has been at current job with strong XXX history for only a few months since XXX. <br> 2. Prior employment documents "other" (unspecified) income at a significant higher rate with more than XXX months history in addition to higher base earnings. <br> 3. Noted no rents used to qualify at subject and debt ratio is low, credit history is strong. | XXX | Waived | 3 | 2 | 4 | 2 |
| 2026020450 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020450 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020450 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020347 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020347 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020347 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020308 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 1 |
| 2026020308 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 2 | 1 | 2 | 1 |
| 2026020308 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 1 |
| 2026020451 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX is Missing | XXX is missing.  |  | Document Uploaded. Supporting Document - XXX | Executed XXX provided; finding resolved - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 2 |
| 2026020451 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020451 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | XXX: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. Missing Initial CD dated for XXX and received XXX<br>|  | Document Uploaded. Supporting Document - XXX | Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 2 |
| 2026020451 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Subject property is a detached XXX that has XXX beds and .1 baths above grade. Additional full bath and living spce below grade. Although no<br> comps have similar bath counts the appraiser indicated "While this bathroom count is not typical, marketability is not affected as there is one<br> full bathroom below grade, which market participants would typically view as fully usable living area." Overall very strong file, with low LTV,<br> excellent credit with no derogs, > $XXX in verified reserves, borrower has been with current employer XXX years and have owned their primary<br> Exception Request: residences for the past XXX years. Borrowers have owned subject for XXX years and will be reducing their monthy paymnet >$XXX. <br>|  |  |  | Credit Score: XXX pts > min Reserves (months): >XXX mos> min DTI: >XXX% < max Residual Income: >$XXX > required Credit History: XXX +Payment Shock: going down >$XXX/month LTV: >XXX% XXX Waived 2 2 4 2 |  |  |  |  |  |  |
| 2026020361 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020361 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020361 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Liabilities - Not Verified | The application lists debts that were not verified on the credit report and not independently verified. Provide credit supplement reflecting XXX/XXX #XXX Past Due $XXX Account must be brought current <br>|  | Document Uploaded. This was included in the borrowers debt ratio and was listed on both the credit report and the credit refresh report that was provided - XXX | Docs provided. Condition resolved. - XXX<br> Document Uploaded. This was included in the borrowers debt ratio and was listed on both the credit report and the credit refresh report that was provided - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020362 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020362 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Exception for mortgage late XXX present in file however it is declined. <br>|  | Document Uploaded. XXX<br> The loan was approved and closed under the XXX YR FIXED EDGE – XXX. Under XXX, a XXX mortgage history is permitted subject to overall credit profile and risk layering review. The single XXX-day mortgage late within the most recent XXX months was evaluated during underwriting and is allowable under the XXX. The prior exception referenced was declined under a different product prior to the loan being moved to and approved under XXX. The loan was approved and funded under the XXX. Therefore, the subject loan conforms to the applicable program parameters. Please Cancel. - XXX | QC explanation email provided. Condition resolved. - XXX<br> Document Uploaded. XXX<br> The loan was approved and closed under the XXX XXX – XXX. Under XXX, a XXX mortgage history is permitted subject to overall credit profile and risk layering review. The single XXX-day mortgage late within the most recent XXX months was evaluated during underwriting and is allowable under the XXX guidelines. The prior exception referenced was declined under a different product prior to the loan being moved to and approved under XXX. The loan was approved and funded under the correct program framework. Therefore, the subject loan conforms to the applicable program parameters. Please Cancel. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020362 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Insufficient Change of Circumstance (XXX) | The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). <br>|  | Document Uploaded. There is no tolerance cure on this transaction.<br>The exception refers to the appraisal fee – there were XXX (XXX) separate lines for the appraisal fee disclosed on the Initial LE for $XXX each – it changed to XXX (XXX) line $XXX & should have remained separate since there were XXX (XXX) invoices for $XXX each.<br>There was a LOX & PCCD sent to the borrower disclosing each appraisal fee on separate lines $XXX each per the XXX (XXX) invoices in the file. <br>The invoices have different invoice numbers – both are attached & snipits below.<br>The LOX, PCCD, USPS Proof of Mailing & explanation should clear the exception. - XXX | Received PCCD with correct appraisal figures. - XXX<br> Document Uploaded. There is no tolerance cure on this transaction.<br>The exception refers to the appraisal fee – there were XXX (XXX) separate lines for the appraisal fee disclosed on the Initial LE for $XXX each – it changed to XXX (XXX) line $XXX & should have remained separate since there were XXX (XXX) invoices for $XXX each.<br>There was a LOX & PCCD sent to the borrower disclosing each appraisal fee on separate lines $XXX each per the XXX (XXX) invoices in the file. <br>The invoices have different invoice numbers – both are attached & snipits below.<br>The LOX, PCCD, XXX Proof of Mailing & explanation should clear the exception. - XXX | The Appraisal Fee increased from $XXX to $XXX without a valid changed circumstance in the file. The total tolerance is $XXX. | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020452 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | The Final 1003 is Incomplete | The final 1003 is incomplete. Final 1003 is signed but not dated by borrowers. <br>|  | Document Uploaded. Supporting Document - XXX | Final 1003 and LOE were provided. Condition resolved. - XXX<br> The final 1003 is present - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020452 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020452 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020367 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX% and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020367 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Verification Documentation - VOM Missing/Incomplete | The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Provide VOM/mortgage statement on primary XXX<br>|  | Document Uploaded. No mortgage, property is free and clear. - XXX | Supplemental CR provided showing mortgage history. Condition resolved. - XXX<br> Document Uploaded. No mortgage, property is free and clear. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020367 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020346 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Appraisal - Miscellaneous | The subject appraisal reflected issues. Unable to locate on appraisal that subject property has an XXX as noted on the appraisal box check (appraisal shows only XXX units each) <br>|  | Document Uploaded. Supporting Document - XXX | Received and reviewed updated appraisal subject XXX box was unchecked and comments from appraiser does not include an XXX nor is there any evidence of an XXX property is a XXX unit only - XXX<br> Updated appraisal provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Cleared | 3 | 1 | 3 | 1 |
| 2026020346 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020346 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020453 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 Deed of Trust Signature does not match Note | Borrower 1 Signature does not match Note Signature. The XXX Name does not match the note page <br>|  |  | Borrower authorized to borrower against the property. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020453 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020453 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020376 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020376 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020376 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | HO6 XXX is Missing | Missing XXX / XXX. XXX days is sufficient for this program. <br>|  | Document Uploaded. Supporting Document - XXX | XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 2 |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 2 |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 2 |
| 2026020455 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. XXX as investor concentration is XXX% and unavailable in XXX due to litigation. <br>|  |  |  | Credit Score: XXX pts > min Reserves (months): >XXX mos. > min DTI: XXX%< max Residual Income: $XXX> required Credit History: XXX | XXX | Waived | 2 | 2 | 4 | 2 |
| 2026020385 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020385 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020385 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020541 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020541 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020541 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Title issue | Provide executed partial/full reconveyance for the following XXX in order to ensure the subject loan is in first lien position: XXX #XXX dated XXX $XXX loan amount recorded XXX XXX. The aforementioned lien is a blanket mortgage that encumbers another property, and the payoff amount per demand in file covers both properties. The subject is a Texas property and the settlement agent will not sign/acknowledge the Title Instructions in order to ensure lien position. No executed partial/full reconveyance for this mortgage was provided. <br>|  | Document Uploaded. Final XXX and commitment, along with recorded docs<br> - XXX | Final XXX and commitment, along with recorded docs. Condition resolved. - XXX<br> Document Uploaded. Final XXX and commitment, along with recorded docs<br> - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020458 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020458 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020458 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020460 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020460 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020460 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020461 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Certificate of Investment Purpose Disclosure is Missing | The loan file does not contain the Certificate of Investment Purpose Disclosure. <br>|  | Document Uploaded. Supporting Document - XXX | Received business purpose and occupany affidavit - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020461 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020461 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020401 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020401 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020401 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020402 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020402 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020402 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Acknowledged | 2 | 2 | 2 | 2 |
| 2026020403 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020403 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020403 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020405 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020405 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020405 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020200 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020200 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020200 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020408 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020408 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Missing Doc - XXX Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Unable to locate a satisfactory 3rd party valuation product. The CU in the file is over XXX. Please provide a 3rd party valuation. <br>|  | Document Uploaded. 3rd party valuation - XXX<br> Document Uploaded. APPRAISAL - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. 3rd party valuation - XXX<br> Condition upheld. Appraisal provided. Unable to locate a satisfactory 3rd party valuation product. The CU in the file is over XXX. Please provide a 3rd party valuation XXX, XXX, XXX, CU XXX or lower etc. - XXX<br> Document Uploaded. APPRAISAL - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020408 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020154 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020154 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020154 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020463 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020463 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020463 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. The borrower lives rent free with his XXX. Guidelines require them to be living rent free with spouse and meet a minimum DTI of XXX% and subject is a primary residence. A formal exception is in the file. <br>|  |  |  | Loan approved based on reserves >XXX, excellent credit history and not using rental income to qualify. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020463 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. The DTI if XXX%. Guideline for living rent free with a non-spouse requires a minimum DTI of XXX%. A formal exception is in the file. <br>|  |  |  | Loan approved based on reserves > XXX, excellent credit history and not using rental income to qualify. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020331 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020331 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020331 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020466 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020466 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020466 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Borrower is considered a first time investor who lives rent free. The borrower does not meet the housing history requirement. A formal exception is in the file. <br>|  |  |  | Loan approved based on credit score of XXX and XXX months of reserves. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020339 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020339 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020339 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020413 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020413 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020413 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020473 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 Deed of Trust Signature does not match Note | Borrower 1 Signature does not match Note Signature. Missing a signed copy of the Deed of Trust and fully notarized. <br>|  | Document Uploaded. mortgage with legal and XXX - XXX | Signed notarized copy of Deed of Trust provided. Condition resolved. - XXX<br> The business entity names match. - XXX<br> The business entity names match. - XXX<br> Document Uploaded. mortgage with legal and XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020473 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - XXX Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Missing a 3rd party valuation product. Note: CU and LCA scores exceed XXX. <br>|  | Document Uploaded. cda - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. cda - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020473 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | Missing required XXX | Missing a signed copy of the XXX.  |  | Document Uploaded. mortgage with legal and XXX - XXX | Signed copy of the XXX and DOD provided. Condition resolved. - XXX<br> Document Uploaded. mortgage with legal and XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020185 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020185 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020185 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020475 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020475 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020475 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. CDA<br> - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. CDA<br> - 0XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020369 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | 1004D Completion Report is not on an as-is basis | 1004D completion report is not on an as-is basis. Unable to locate 1004D with an "as is" basis <br>|  | Document Uploaded. 1. 1004D<br> 2. 1004D XXX | 1004D Completion Report is completed on As Is Basis Or 1004D Completion Report Does Not Exist - XXX<br> 1004D provided. Condition resolved. - XXX<br> Document Uploaded. 1. 1004D<br> 2. 1004D XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020369 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Verification Documentation - VOM Missing/Incomplete | The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. VOM provided does not have subject address XXX<br>|  | Document Uploaded. The VOM showsXXX because the original loan was for XXX, XXX has been sold - see attached proof of sale, so the VOM is only for XXX, but that lender has the lien under XXX | Docs provided. Condition resolved. - XXX<br> Document Uploaded. The VOM shows XXX because the original loan was for XXX, XXX has been sold - see attached proof of sale, so the VOM is only for XXX, but that lender has the lien under XXX. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020369 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. XXX - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. XXX - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020369 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020477 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020477 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020477 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX is Missing | Missing XXX.  |  | Document Uploaded. HOI XXX<br> - XXX | Hazard insurance provided. Condition resolved. - XXX<br> Document Uploaded.XXX<br> - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020477 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Approval/Underwriting Summary Not Provided - XXX | Provide Loan Approval for loan amount XXX (1008 in file have XXX)  |  | Document Uploaded. UW Transmittal correct loan amount<br> - XXX | Approval/Underwriting Summary is fully present - XXX<br> Approval/Underwriting Summary provided. Condition resolved. - XXX<br> Document Uploaded. UW Transmittal correct loan amount<br> - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020237 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020480 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. Hazard coverage does not match or exceed the loan amount. <br>|  | Document Uploaded. 1. Please apply to insurance condition<br> 2. Please apply to ins condition - XXX <br> Document Uploaded. XXX has XXX% replacement cost. RCE not provided. One of XXX insurance agents confirmed XXX% replacement cost and issued LOX attached - XXX | Coverage Amount - Hazard Insurance of $ is equal to or greater than Required Coverage Amount of $- XXX<br> Condo insurance docs provided. Condition resolved. - XXX<br> Document Uploaded. 1. Please apply to insurance condition<br> 2. Please apply to ins condition - XXX<br> Condition upheld. RCE provided has value at $XXX which is less than the loan amount. Loan is a purchase coverage should be loan amount $XXX. - XXX<br> Document Uploaded. XXX has XXX% replacement cost. XXX not provided. One of XXX confirmed XXX% replacement cost and issued LOX attached - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020480 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Cash Deposit | Loan purpose is purchase, confirm if cash deposit has cleared account. Missing the evidence of the deposit of the XXX. Missing the evidence of the deposit of the XXX. <br>|  | Document Uploaded. Apply to $XXX deposit condition. Please see UW notes regarding Earnest Money. Was not used in qualifying. Backed out. - XXX | XXX deposit docs provided. Condition resolved - XXX<br> Condition upheld. CD shows deposit for $XXX. Missing the evidence of the deposit of the $XXX - XXX<br> Document Uploaded. Apply to $XXX deposit condition. Please see UW notes regarding Earnest Money. Was not used in qualifying. Backed out. - XXX |  | XXX | Resolved | 1 | 1 | 3 | 1 |
| 2026020480 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020480 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020480 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX is Missing | Missing XXX / XXX project XXX. Missing XXX. XXX is missing <br>|  | Document Uploaded.XXX | XXX provided. Condition resolved. - XXX<br> Document Uploaded. XXX.<br> - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020415 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020415 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 2 |
| 2026020415 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Exception approval is present in file for XXX, however, exception request is missing. <br>|  | Document Uploaded. Supporting Document - XXX<br> Document Uploaded. Supporting Document - XXX | Exception approval provided. Condition waived. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Condition upheld. Exception provided is not approved. - XXX<br> Document Uploaded. Supporting Document - XXX | Credit Score: (XXX points above min) Reserves (months): (XXX months above min)<br> DSCR: (XXX% above min)<br> LTV: (XXX% below max) | XXX | Waived | 3 | 2 | 3 | 2 |
| 2026020483 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020483 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020483 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. <br>|  | Document Uploaded. Corrected LNG - XXX<br> Document Uploaded. Guaranty Agreement<br> - XXX | The Personal Loan Guaranty is not missing. - XXX<br> Personal Loan Guaranty provided. Condition resolved. - XXX<br> Document Uploaded. Corrected LNG - XXX<br> Condition upheld. Personal Loan Guaranty provided is signed as a member, not as a individual. Provide Personal Loan Guaranty signed as a XXX. - XXX<br> Document Uploaded. Guaranty Agreement<br> - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020488 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020488 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020488 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020225 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020225 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020225 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX: XXX Doc is Missing | The loan file does not contain the XXX: EIN documentation. Unable to locate the EIN for XXX. Please provide the EIN documentation. <br>|  | Document Uploaded. 1. Single Member XXX for EIN - See email as well.<br> 2. EIN Email Response Thread - XXX | Docs provided. Condition resolved. - XXX<br> Document Uploaded. 1. Single Member XXX for EIN - See email as well.<br> 2. EIN Email Response Thread - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020225 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Subject is a XXX. The file contains a loan application with the borrower's income and the XXX. DSCR guidelines cite income derived from regular employment, retirement or other investments should not be disclosed. Please provide a formal exception form. <br>|  | Document Uploaded. The tax return is in the file to validate the EIN is under the borrower's SSN and not under another tax ID. This was a requirement from the underwriter to satisfy XXX guideline requirement for an EIN not to qualify based on income. - XXX | LOE provided. Tax returns in file. Condition resolved. - XXX<br> Document Uploaded. The tax return is in the file to validate the EIN is under the borrower's SSN and not under another tax ID. This was a requirement from the underwriter to satisfy XXX guideline requirement for an EIN not to qualify based on income. - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020580 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020580 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020580 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020489 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | XXX is Missing | Missing XXX. Missing the Hazard Insurance from the loan file. <br>|  | Document Uploaded. Supporting Document - XXX | XXX was provided. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020489 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020489 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020490 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | TRID: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. Initial Closing Disclosure issued XXX is missing from the file; finding valid <br>|  | Document Uploaded. Supporting Document - XXX | Received ICD - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020490 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | XXX CR provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020490 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020377 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020377 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020377 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020492 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 credit report is missing. Unable to locate the borrower's credit report. Please provide the credit report supporting a qualifying credit score of XXX. <br>|  | Document Uploaded. Credit report_XXX - XXX | Credit Report provided. Condition resolved. - XXX<br> Credit Report provided. Condition resolved. - XXX<br> Document Uploaded. Credit report_XXX - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020492 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Eligibility - Citizenship Requirements | The documented citizenship does not meet guideline requirements. Unable to locate a copy of the borrower's photo identification. Please provide the borrower's photo identification. <br>|  | Document Uploaded. DL - XXX | XXX provided. Condition resolved. - XXX<br> Document Uploaded. XXX - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020492 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020492 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Unable to verify a XXX month housing history for the borrower's primary residence. Note: the credit report is missing for the file. Please provide a satisfactory XXX month housing history for the primary residence. <br>|  |  | Credit Report provided. Condition resolved. - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020492 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020499 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020499 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020499 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020505 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | XXX is Missing | The file is missing the XXX. Riders to the Note are present but no riders to the mortgage are provided and boxes are unchecked. <br>|  | Document Uploaded. Investor response - please re-review - XXX | Not a required document - XXX<br> Document Uploaded. Investor response - please re-review - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020505 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020505 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020506 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | Missing evidence of XXX | Missing evidence of XXX.  |  | Document Uploaded. Supporting Document - XXX | Received rate lock - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020506 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020506 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020507 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020507 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020507 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020583 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020583 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. CDA<br> - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. CDA<br> - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020583 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020514 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020514 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Liabilities - XXX | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Missing copy of Note or Final CD for XXX to verify the terms of the concurrent purchase. <br>|  | Document Uploaded. Supporting Document - XXX | Final CD provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020514 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Missing a satisfactory 3rd party valuation product. The CU and LCA do not analyze XXX. <br>|  | Document Uploaded. Supporting Document - XXX | 3rd party valuation provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020517 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020517 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020517 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing VOM or VOR | Provide VOM on subject XXX |  | Document Uploaded. Supporting Document - XXX | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXX<br> Docs provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020518 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020518 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020518 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of 'XXX' are less than $XXX. Assets provided are not enough to cover the reserves needed. <br>|  | Document Uploaded. Supporting Documents - XXX <br> Document Uploaded. Supporting Document - XXX<br> Document Uploaded. Supporting Documents - XXX | Total Cash reserves are greater than $XXX. - XXX<br> Final CD's provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX<br> Condition upheld. updated 1003 provided list assets "Proceeds From Secured Loan" for XXX and $XXX. Provide final CD's from secured loan transactions. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Condition upheld. 1003 in file list assets "Proceeds From Secured Loan" for XXX and XXX. Provide final CD's from secured loan transactions. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of 'XXX', are less than $XXX. Borrower(s) total verified assets are insufficient for cash to close or reserves. Please provide final XXX to verify sale proceeds XXX XXX and XXX<br>|  | Document Uploaded. Supporting Documents - XXX<br> Document Uploaded. Supporting Document - XXX<br> Document Uploaded. Supporting Documents - XXX | Liquid Funds Post-Close are greater than or equal to $XXX. - XXX<br> Liquid Funds Post-Close are greater than or equal to $XXX. Borrower(s) total verified assets are insufficient for cash to close or reserves. - XXX<br> Final CD's provided. Condition resolved. - XXX<br> Final CD's provided. Condition resolved. - XXX<br> Liquid Funds Post-Close are greater than or equal to $XXX. - XXX<br> Document Uploaded. Supporting Documents - XXX<br> Condition upheld. updated 1003 provided list assets "Proceeds From Secured Loan" for XXX and XXX. Provide final CD's from secured loan transactions. - XXX<br> Document Uploaded. Supporting Document - XXX<br> Condition upheld. 1003 in file list assets "Proceeds From Secured Loan" for XXX and XXX. Provide final CD's from secured loan transactions. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020519 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020521 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020586 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020586 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020586 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Missing Business Purpose Affidavit | File is missing statement of business purpose. Missing Business Purpose Affidavit. <br>|  |  | Not required on an XXX. - XXX |  | XXX | Void | 3 | 1 | 3 | 1 |
| 2026020524 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020524 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Liabilities - XXX | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Provide updated XXX is an investment property (subject is Purchase Primary) <br>|  | Document Uploaded. Supporting Document - XXX | Updated XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 3 | 1 |
| 2026020524 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 3 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020526 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020529 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Document - XXX | XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020529 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020529 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020588 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020588 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020588 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020532 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020532 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020532 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Documents - XXX | XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020532 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Missing | Borrower 2 XXX Credit Report is Missing  |  | Document Uploaded. Supporting Documents - XXX | XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020538 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020538 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020538 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Exception present in file for XXX unit property with permitted XXX. <br>|  |  |  | XXX% LTV | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020572 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020572 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020572 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020540 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Hazard Insurance Coverage is less than all Subject Lien(s) | Hazard Insurance Coverage Amount of $XXX is less than Total Amount of Subject Lien(s) of $XXX |  | Document Uploaded. XXX XXXcannot be required to provide RCE. Checklist of coverage is used in lieu of RCE to support coverage - XXX | XXX provided. Condition resolved. - XXX<br> Document Uploaded. XXX Statute XXX states XXX cannot be required to provide XXX. Checklist of coverage is used in lieu of XXX to support coverage - XXX |  | XXX | Resolved | 1 | 1 | 1 | 1 |
| 2026020540 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020540 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020269 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020269 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020269 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020431 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020431 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020431 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | XXX: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. Initial Closing Disclosure and any subsequent CDs prior to Final CD are missing. <br>|  | Document Uploaded. Supporting Documents - XXX | Received XXX - XXX<br> Document Uploaded. Supporting Documents - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 1 XXX Credit Report is Missing | Borrower 1 XXX Credit Report is Missing Missing a XXX credit report or an Undisclosed Debt Notification (UDN) dated within XXX days of the closing date. <br>|  | Document Uploaded. Supporting Document - XXX | XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Borrower 2 XXX Credit Report is Missing | Borrower 2 XXX Credit Report is Missing Missing a XXX credit report or an Undisclosed Debt Notification (UDN) dated within XXX days of the closing date. <br>|  | Document Uploaded. Supporting Document - XXX | XXX XXX provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 4 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | XXX - Approval Conditions Not Documented | The file is missing XXX/Loan Approval Conditions. The XXX approval requires the verification of XXX account for XXX. It appears the closing funds is from a XXX. Please provide an updated XXX approval with the correct source of funds or provide the XXX.<br>|  | Document Uploaded. Supporting Document - XXX | XXX retirement statement provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Missing Doc - Affiliated Business Disclosure/Missing | Required Affiliated Business Disclosure missing Per Privacy Disclosure, XXX has affiliates and the Affiliated Business Disclosure is required. <br>|  | Document Uploaded. Meant for the affiliated business disclosure condition as we don't have that specific form and this is our alternate form for that. - XXX | Confirmed no affiliates were used - XXX<br> Document Uploaded. Meant for the affiliated business disclosure condition as we don't have that specific form and this is our alternate form for that. - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Credit | Flood Certificate Partially Provided | Flood certificate is partially provided. Missing updated flood certificate with XXX of XXX. <br>|  | Document Uploaded. Supporting Document - XXX | Updated Flood Certificate provided. Condition resolved. - XXX<br> Document Uploaded. Supporting Document - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020581 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | XXX | Compliance | Charges That Cannot Increase Test (XXX) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: XXX. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). CDA fee added to XXX without a XXX <br>|  | Document Uploaded. CD with COD for CDA fee<br> - XXX | Received XXX for the increased fee - XXX<br> Document Uploaded. CD with XXX for CDA fee<br> - XXX |  | XXX | Resolved | 3 | 1 | 4 | 1 |
| 2026020585 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020585 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020585 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 1 | 1 |
| 2026020432 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. XXX is in a layered XXX, which is not allowed per guidelines. A formal exception form is in the file. <br>|  |  |  | Loan approved based on credit score, DSCR and credit history. | XXX | Waived | 2 | 2 | 2 | 2 |
| 2026020432 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg XXX and Reg XXX.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |
| 2026020432 |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | XXX | Property | Value - Value is supported within - XXX% of original appraisal amount | The appraised value was supported within XXX and all applicable appraisal guidelines were satisfied.  |  |  |  |  | XXX | Cleared | 1 | 1 | 2 | 2 |

---

## Exhibit 99.44

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.44**

Client XXX <br> Transaction XXX <br> Date XXX

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| 2026020195 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020243 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020275 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020279 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020280 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020291 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020300 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020342 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020343 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020171 |  |  | XXX | XXX | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 C B A |
| 2026020365 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020388 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020394 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020404 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020410 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020411 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020418 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020075 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020421 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020253 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020224 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020500 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020129 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020093 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020095 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020097 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020101 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020109 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020117 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 3 | 1 D A C |
| 2026020143 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020144 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020148 |  |  | XXX | XXX | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 D B A C |
| 2026020164 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020168 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020181 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020251 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020183 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020390 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020242 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 3 | 1 C A |
| 2026020201 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020203 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020206 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020209 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020226 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 3 | 1 | 1 | 1 D A |
| 2026020236 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020238 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 3 | 1 C A |
| 2026020246 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020249 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020442 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020254 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020263 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020264 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| 2026020277 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020283 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020286 |  |  | XXX | XXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B C A |
| 2026020287 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020293 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020445 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020296 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020446 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020447 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020306 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020307 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020314 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020409 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020245 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020325 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020326 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020327 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020332 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020334 |  |  | XXX | XXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 D B A |
| 2026020450 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020347 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020308 |  |  | XXX | XXX | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 B A |
| 2026020451 |  |  | XXX | XXX | 4 | 2 | 2 | 2 | 4 | 1 | 1 | 1 D B A |
| 2026020361 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020362 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020452 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020367 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020346 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020453 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020376 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020455 |  |  | XXX | XXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 D B A |
| 2026020385 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020541 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020458 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020460 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020461 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020401 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020402 |  |  | XXX | XXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| 2026020403 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020405 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020200 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020408 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020154 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020463 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020331 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020466 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020339 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020413 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020473 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 3 | 1 | 3 | 1 C A |
| 2026020185 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020475 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020369 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020477 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020237 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020480 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020415 |  |  | XXX | XXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| 2026020483 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020488 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020225 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020580 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020489 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020490 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 4 | 1 | 1 | 1 D A |
| 2026020377 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020492 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020499 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020505 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020506 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| 2026020507 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020583 |  |  | XXX | XXX | 3 | 1 | 1 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020514 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| 2026020517 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020518 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020519 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020521 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020586 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| 2026020524 |  |  | XXX | XXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| 2026020526 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020529 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020588 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020532 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| 2026020538 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| 2026020572 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020540 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020269 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020431 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020581 |  |  | XXX | XXX | 4 | 1 | 4 | 1 | 4 | 1 | 1 | 1 D A |
| 2026020585 |  |  | XXX | XXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| 2026020432 |  |  | XXX | XXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |

---

## Exhibit 99.45

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.45**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020195 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020243 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020275 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020279 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0636 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0636 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020280 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020291 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020300 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020342 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020343 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020171 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020365 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020388 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020394 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020404 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020410 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020411 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0612 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0612 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020418 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020075 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020421 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0971 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0971 | XXX | 0.09 | House Canary | Other | XXX | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020253 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0385 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0385 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020224 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020500 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0789 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0789 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020129 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020093 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |
| 2026020095 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | XXX |
| 2026020097 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX |
| 2026020101 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | XXX |
| 2026020109 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | XXX |
| 2026020117 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 999 | XXX | Not Eligible | 1 | XXX |
| 2026020143 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020144 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020148 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020164 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020168 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020181 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020251 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020183 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2026020390 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .2759 | 1004 URAR |  |  |  |  | XXX | XXX | .2759 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | XXX |
| 2026020242 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020201 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020203 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.5 | XXX |
| 2026020206 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | XXX | Not Eligible |  |  |
| 2026020209 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0129 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0129 | ClearCaptial | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020226 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020236 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible |  |  |
| 2026020238 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020246 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020249 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |
| 2026020442 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020254 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020263 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020264 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020277 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020283 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020286 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | XXX |
| 2026020287 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | XXX |
| 2026020293 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart Valuation Intelligence | REASONABLE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020445 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX |
| 2026020296 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020446 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020447 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 4.1 | XXX |
| 2026020306 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXX | Not Eligible | 1 | XXX |
| 2026020307 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | XXX | Not Eligible | 2 | XXX |
| 2026020314 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0571 | Desk Review |  |  |  |  | XXX | XXX | .0000 | XXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXX | XXX | -.0571 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020409 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |
| 2026020245 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020325 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | 1.1 | XXX |
| 2026020326 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020327 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020332 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020334 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1.3 | XXX |
| 2026020450 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020347 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020308 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.2 | XXX |
| 2026020451 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXX |
| 2026020361 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  | 1.5 | XXX |
| 2026020362 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXX | XXX | .0089 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXX |
| 2026020452 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible |  |  |
| 2026020367 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart Valuation | EXCELLENT | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020346 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020453 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020376 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020455 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | XXX | Not Eligible | 1.3 | XXX |
| 2026020385 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXX | Eligible | 1.6 | XXX |
| 2026020541 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .7808 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .7808 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020458 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020460 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020461 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020401 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | XXX Exterior Only Inspection XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020402 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXX |
| 2026020403 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | XXX |
| 2026020405 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart Valuation Intelligence | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020200 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1.8 | XXX |
| 2026020408 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | -.0821 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0821 | XXX | 0.03 | Clear Capital | ClearAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020154 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020463 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020331 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXX |
| 2026020466 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2026020339 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020413 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020473 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 |  | Eligible | 2.9 | XXX |
| 2026020185 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020475 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020369 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart Valuation | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020477 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020237 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020480 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020415 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | XXX |
| 2026020483 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXX |
| 2026020488 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXX | Eligible | 1 | XXX |
| 2026020225 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020580 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020489 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | XXX |
| 2026020490 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXX | Not Eligible |  |  |
| 2026020377 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX | Eligible | 1 | XXX |
| 2026020492 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | STEWART | REASONABLE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020499 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020505 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Stewart | Reasonable | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020506 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020507 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020583 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020514 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCaptial | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020517 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020518 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible | 1 | XXX |
| 2026020519 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX |
| 2026020521 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020586 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020524 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020526 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020529 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020588 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual XXX Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020532 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0370 | 1004 URAR |  |  |  |  | XXX | XXX | .0370 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020538 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | XXX | Not Eligible |  |  |
| 2026020572 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1025 Small Residential Income Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020540 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1 | XXX |
| 2026020269 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXX |
| 2026020431 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Clear Capital | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | XXX |
| 2026020581 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | ClearCapital | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | XXX | Not Eligible |  |  |
| 2026020585 | XXX |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 2.6 | XXX |
| 2026020432 | XXX |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | Class Valuation | A | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | XXX |

---

## Exhibit 99.46

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.46**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020275 | XXX |  | XXX | Term | notePage | XXX | XXX | TAPE DATA ERROR |
| 2026020279 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note, term is XXX months |
| 2026020279 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified with approval |
| 2026020280 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified on Note |
| 2026020280 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified; Lender calculated DSCR as XXX per DSCR UW Memo |
| 2026020291 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified XXX per note |
| 2026020300 | XXX |  | XXX | Term | notePage | XXX | XXX | Loan term per the Note. |
| 2026020300 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | There is no dropdown in XXX that list just "rate-term". Used no cash out borrower initiated was the closest. |
| 2026020343 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020171 | XXX |  | XXX | Term | notePage | XXX | XXX | Full term is XXX months. Source of the tape data is unknown. |
| 2026020171 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Current DSCR using the IA payment and HOA; tape value does not include the HOA in the DSCR ratio. |
| 2026020365 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | lowest score for multiple borrowers. |
| 2026020388 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | formatting |
| 2026020388 | XXX |  | XXX | Term | notePage | XXX | XXX | term is XXX months - source of the tape data is unknown. |
| 2026020388 | XXX |  | XXX | Verified Doc Type | employmentIncomePage | XXX | XXX | formatting. |
| 2026020388 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | final DSCR using case scenario and qualifies |
| 2026020394 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per source documents |
| 2026020394 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per source documents |
| 2026020404 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020410 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | verified property is townhome |
| 2026020410 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020410 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | tape indicatesXXX Documentation supports XXX |
| 2026020411 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020418 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020418 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR matches the lender's DSCR worksheet |
| 2026020075 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020075 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | XXX matched DSCR Calc on page XXX |
| 2026020421 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit |
| 2026020253 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020224 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020224 | XXX |  | XXX | Loan Program | the1003Page | XXX | XXX | institutional gl used. |
| 2026020224 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR of XXX matches lender approval in file. |
| 2026020500 | XXX |  | XXX | Term | notePage | XXX | XXX | Tape data is incorrect. Loan term is XXX months per the Note. |
| 2026020500 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR after the audit and adjustment to the HOA monthly amount. |
| 2026020129 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | average based on supporting documentation for PITIA |
| 2026020095 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with source documents. |
| 2026020109 | XXX |  | XXX | Term | notePage | XXX | XXX | Per the source documents |
| 2026020109 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per the source documents |
| 2026020109 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per the source documents |
| 2026020117 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with source documents |
| 2026020117 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Verified with source documents |
| 2026020117 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Verified with source documents |
| 2026020148 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Confirmed XXX |
| 2026020148 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified with PITIA and rent on 1007 |
| 2026020168 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Matches 1008 |
| 2026020168 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Appraisal, mortgage and note reflect the property address as XXX |
| 2026020390 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Per source documents |
| 2026020390 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per source documents |
| 2026020242 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | lender is XXX Mortgage not XXX |
| 2026020206 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Verified with source documents. |
| 2026020209 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Attached end end unit per appraisal |
| 2026020209 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Verified from Note |
| 2026020209 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified DSCR of XXX and matches final approval in file. Used market rent of $XXX |
| 2026020226 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Per XXX credit report file #XXX |
| 2026020236 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit |
| 2026020246 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Per source documents |
| 2026020246 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per source documents |
| 2026020246 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Per source documents |
| 2026020442 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020442 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified an attached XXX |
| 2026020254 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | per note and first payment letter P&I is $XXX |
| 2026020263 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit XXX |
| 2026020283 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note - Document date |
| 2026020283 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Per Note |
| 2026020283 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per 1008 |
| 2026020286 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Corrected the zip code per the legal documents in file. |
| 2026020286 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR after the audit. The Note was missing from the loan file. |
| 2026020286 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX |
| 2026020293 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Based on PITI of $XXX and rental income of $XXX. |
| 2026020445 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with the Note |
| 2026020445 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified with the appraisal |
| 2026020296 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit |
| 2026020446 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified XXX units per appraisal report |
| 2026020446 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020446 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Verified; matches lender DSCR worksheet |
| 2026020307 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Audit XXX |
| 2026020409 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note. |
| 2026020409 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per audited DSCR |
| 2026020245 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note. |
| 2026020325 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020325 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Per source documents |
| 2026020326 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Per Note |
| 2026020326 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Per Note |
| 2026020326 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per 1004 appraisal report. |
| 2026020326 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Per XXX - in Agreement dated XXX |
| 2026020332 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note - Loan Term |
| 2026020332 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Per XXX credit report - Guidelines state for one borrower credit score is lower of XXX or middle of XXX credit scores |
| 2026020332 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per DSCR Loan Calculator |
| 2026020334 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with note |
| 2026020334 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Verified with Credit Report |
| 2026020334 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified with Income Docs |
| 2026020450 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Property is correct per appraisal |
| 2026020347 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Verified with note |
| 2026020347 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with note |
| 2026020347 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified, matches 1008 |
| 2026020308 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | XXX unit per appraisal |
| 2026020451 | XXX |  | XXX | Term | notePage | XXX | XXX | Audit XXX |
| 2026020451 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020361 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020361 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per source documents |
| 2026020362 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Verified with docs provided, 1008 DTI XXX |
| 2026020362 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per source documents. |
| 2026020452 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Audit $XXX |
| 2026020452 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020346 | XXX |  | XXX | Term | notePage | XXX | XXX | XXX term |
| 2026020346 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | confirm ratio XXX, difference is the hazard insurance premium is $XXX vs $XXX |
| 2026020453 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020455 | XXX |  | XXX | Property Address | notePage | XXX | XXX | Audit XXX XXX Unit XXX, XXX |
| 2026020455 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020455 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020455 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Per source documents. |
| 2026020385 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | XXX |
| 2026020385 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per source documents |
| 2026020541 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Per 1004 appraisal report |
| 2026020541 | XXX |  | XXX | Qualifying CLTV | propertyValuationPage | XXX | XXX | Per 1008 |
| 2026020541 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note - Loan Term |
| 2026020458 | XXX |  | XXX | Refinance Type | the1003Page | XXX | XXX | Rate and term |
| 2026020461 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020461 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Not a DSCR |
| 2026020401 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020401 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | XXX unit verified with appraisal report |
| 2026020408 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Matches 1008/AUS |
| 2026020463 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with note |
| 2026020463 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Appraisal report reflects detached SFR |
| 2026020331 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR calc is correct, income calculation not in file form lender |
| 2026020466 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified as SFR per appraisal. |
| 2026020339 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit Appraisal XXX |
| 2026020339 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR after the audit. It also lines up with the previous UW on the 1008 in the loan file. |
| 2026020413 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified per appraisal, 1008 and 1003. |
| 2026020413 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified per Note. |
| 2026020473 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020473 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches lender's DSCR Calculation |
| 2026020475 | XXX |  | XXX | Borrower 1 Last Name | notePage | XXX | XXX | XXX is used on documents. |
| 2026020475 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020477 | XXX |  | XXX | Term | notePage | XXX | XXX | Tape data is incorrect. Loan term is XXX months/XXX yrs per the Note. |
| 2026020477 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Corrected the tape data to show the correct monthly P&I from the Note. |
| 2026020480 | XXX |  | XXX | Term | notePage | XXX | XXX | Tape data is incorrect. Per the Note, the loan term is XXX months/XXX yrs. |
| 2026020480 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit was complete. |
| 2026020483 | XXX |  | XXX | Initial Monthly P&I Or IO Payment | notePage | XXX | XXX | Per note |
| 2026020483 | XXX |  | XXX | Loan Amount | notePage | XXX | XXX | Per note |
| 2026020483 | XXX |  | XXX | Term | notePage | XXX | XXX | Per Note |
| 2026020483 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Per XXX uw calc |
| 2026020488 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | verified XXX unit semi-attached pud |
| 2026020488 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020225 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | LTV based on appraised value; of $XXX; unknown why the lender used a value of $XXX |
| 2026020489 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | LTV after the audit. |
| 2026020489 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit. |
| 2026020490 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020490 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Audit XXX |
| 2026020490 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Audit subject initial terms PITIA $XXX/Qualifying Terms PITIA $XXX debts $XXX income $XXX negative rental $XXX and $XXX DTI XXX% |
| 2026020492 | XXX |  | XXX | Property Zip Code | notePage | XXX | XXX | Matches Note and Appraisal |
| 2026020492 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | Matches lender's DSCR Calc Worksheet |
| 2026020506 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Verified with Note |
| 2026020506 | XXX |  | XXX | Qualifying LTV | propertyValuationPage | XXX | XXX | Verified; matches 1008 |
| 2026020506 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | XXX DTI is lower 1008 shows other of $XXX and no flood or other insurance and no HOA |
| 2026020507 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | verified property is attached town house |
| 2026020507 | XXX |  | XXX | Lender Name | notePage | XXX | XXX | Direct Funding per Note. |
| 2026020519 | XXX |  | XXX | Term | notePage | XXX | XXX | Tape data is incorrect. Loan term is XXX months/ XXX. |
| 2026020519 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | DSCR ratio after the audit. |
| 2026020521 | XXX |  | XXX | Borrower 1 Origination FICO | creditLiabilitiesPage | XXX | XXX | Verified the FICO is XXX as the primary wage earner's FICO is the qualifying score |
| 2026020521 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | The difference is a slightly higher monthly payment for Cap One XXX on the gap credit report |
| 2026020586 | XXX |  | XXX | Property Type | propertyValuationPage | XXX | XXX | Verified XXX |
| 2026020529 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020529 | XXX |  | XXX | Date Last Rate Was Set | tridLePageInitial | XXX | XXX | Per source documents |
| 2026020588 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | Originator subject investment PITIA $XXX with subject negative rental $XXX with all other monthly payments $XXX and primary PITI $XXX and income $XXX DTI XXX%<br> QC Audit subject investment PITIA $XXX with subject negative rental $XXX debts $XXX income $XXX other negative rental $XXX primary PITI $XXX DTI XXX%<br>|
| 2026020532 | XXX |  | XXX | Date Last Rate Was Set | tridLePageRevised | XXX | XXX | Per source documents. |
| 2026020538 | XXX |  | XXX | Note Date | notePage | XXX | XXX | Confirmed note date per document |
| 2026020572 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020572 | XXX |  | XXX | Calculated DSCR | diligenceFinalLookPage | XXX | XXX | verified DSCR; Matches lender's DSCR Calculation |
| 2026020431 | XXX |  | XXX | Term | notePage | XXX | XXX | Per note |
| 2026020581 | XXX |  | XXX | Term | notePage | XXX | XXX | per Note |
| 2026020581 | XXX |  | XXX | Loan Program Version Name | the1003Page | XXX | XXX | per audit |
| 2026020581 | XXX |  | XXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | XXX | XXX | per audit |
| 2026020585 | XXX |  | XXX | Term | notePage | XXX | XXX | Verified with Note |
| 2026020585 | XXX |  | XXX | Date Last Rate Was Set | respaXXXPage | XXX | XXX | Compliance Reviewed |

---

## Exhibit 99.47

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.47**

![](ex9947001.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 Angel Oak Mortgage Operating Partnership, LP (the "Client"). The review was conducted between December 03 2025 and April 29 2026 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 7 Non-QM loans and 3 ATR/QM exempt loans for a total of 10 loans the "Final Securitization Population".

*<u>Credit Reviews (10):</u>*

During the Review, Selene performed a credit review on 10 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (10)</u>*

During the Review, Selene performed a compliance review, when applicable on 10 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (10):</u>*

During the Review, Selene performed a property valuation review on 10 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (10):</u>*

During the Review, Selene performed a Data Integrity Review on 10 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 10 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;10 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;10 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;10 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;10 | &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 LLC ("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>**

Kind Lending Non-Agency Program Guidelines (the "Guidelines")

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

Page **2** of **16**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A,B, and C, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

● **Original Appraisal Assessment** 

Selene reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

● **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

Page **3** of **16**

&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 10 mortgage loans, (ii) a Compliance Review on 10 mortgage loans (iii) a Valuation Review on 10 mortgage loans, and (iv) a Data Integrity Review on 10 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 10 mortgage loans; 9 mortgage loans had a rating grade of A, 1 mortgage loan had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** | &nbsp;&nbsp;***Grades per loan (10 overall loans):*** |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;90.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;6 | &nbsp;&nbsp;6 | &nbsp;&nbsp;60.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **16**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** |
| | | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp;90.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

*Disclaimer:* Please be advised that Selene did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with all applicable laws and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Selene are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Selene is relying in reaching such findings.

Page **5** of **16**

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
 Due Diligence Narrative Report

2. ASF
 Report

3. Grading
 Summary

4. Exception
 Detail

5. Tape
 Discrepancies

6. Valuations
 Report

7. Supplemental
 Data

8. Third
 Party (TPR) Attestation Form

9. Attestation
 Form 15E

Page **6** of **16**

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

Page **7** of **16**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;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 **16**

&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 **16**

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

**1.** **Federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Rescission (§1026.23):</u> 

i) failure to provide the right of rescission notice;

ii) failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii) errors in the right of rescission notice;

iv) failure to provide the correct form of right of rescission notice;

v) failure to provide the three (3) business day rescission period;

vi) any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii) with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015:*</u> 

i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii) proper execution by all required parties;

iii) principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv) timing of initial and re-disclosed TIL(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>Tolerances (§§1026.18, 22 and 23):</u> 

i) inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR to re-calculated APR; and

ii) inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) <u>High-cost Mortgage (§§1026.31, 32 and 33):</u> 

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

iv) compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) <u>Higher-priced Mortgage Loan (§1026.35):</u> 

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) <u>With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):</u> 

i) review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction; <br> ii) review relevant document to determine if there was dual compensation; and

Page **10** of **16**

iii) review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g) <u>Homeownership counseling (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor obtained proof of homeownership counseling in connection with a mortgage loan to a first-time homebuyer that
 contains a negative amortization feature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h) <u>Prohibition on Financing Credit Insurance (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) determine
 if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) <u>Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and (ii) verify the data against
 the NMLSR database, as available.

**2.** **Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):** 

&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u> 

i) confirm the presence of LE for applications on or after October 3, 2015;

ii) confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii) confirm that certain sections of each LE determined to carry assignee liability were completed and that information was reflected in the appropriate locations, which was based solely on the information disclosed on the LE;

iv) confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

v) confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vi) confirm borrower received LE not later than four (4) business days prior to consummation; and

vii) confirm LE was not provided to the borrower on or after the date of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u> 

i) confirm the presence of CD for applications on or after October 3, 2015;

ii) confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii) confirm that certain sections of each CD determined to carry assignee liability were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv) confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

v) identify tolerance violations based on the charges disclosed on the initial and interim LE's, initial CD, and reflected on the final CD; and

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 3.0, as may be updated from time to time.

Page **11** of **16**

**3.** **Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;a) the
 general Ability to Repay ("ATR") underwriting standards (12 C.F.R. 1026.43(c));

&nbsp;&nbsp;&nbsp;&nbsp;b) refinancing
 of non-standard mortgages (12 C.F.R. 1026.43(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;c) Balloon-payment
 qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

**<u>General Ability to Repay</u>**

Selene reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator's determination of the ability to repay.

Selene reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities ("Authorities"). Selene does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. Selene's review is based on information contained in the mortgage loan file at the time it is provided to Selene to review, and only reflects information as of that point in time.

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page **12** of **16**

**SCHEDULE I**

**<u>Selene tests perform compliance checks by state license types for interest rate, late fees, grace periods, high cost, higher priced, anti-predatory lending and prepayment term requirements. Restrictive Fees test assess qualifiable mortgage loan fee restrictions under state/municipalities laws and regulations.</u>**

**(Below are state regulations which test specifically for high cost, higher priced, and anti-predatory lending.)**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License <br> Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration <br> Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT
 - Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License <br> Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

Page **13** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;48. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;49. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;50. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;51. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;52. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;53. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;54. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;55. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;56. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;57. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;58. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;59. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;60. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;61. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;62. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;63. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;64. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;65. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;66. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;67. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;68. TX
 Home Loan and High Cost Home Loan Act

Page **14** of **16**

&nbsp;&nbsp;&nbsp;&nbsp;69. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;70. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;71. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;72. WI
 Responsible High Cost Mortgage Lending Act

Page **15** of **16**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

○ The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute "appraisal reviews" for purposes of USPAP or Federal or State law.

○ Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Selene may have reviewed valuation information for reasonableness.

○ Selene is not an 'AMC' (appraisal management company) and therefore Selene does not opine on the actual value of the underlying property.

● Selene is not a 'creditor' within the meaning of ECOA or other lending laws and regulations, and therefore Selene will not have any communication with or responsibility to any individual consumer concerning property valuation.

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **16** of **16**

## Exhibit 99.48

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.48**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXX | 2026020172 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Assets | Asset XXX Does Not Meet Guideline Requirements | Resolved-Resolved. XXX removed from 1003. - Due Diligence Vendor-XXX<br> Open-Asset Record 1 Does Not Meet G/L Requirements - Due Diligence Vendor-XXX<br> Resolved-Updated 1003 shows XXX checking account has been removed. - Due Diligence Vendor-XXX<br> Open-Asset Record 1 Does Not Meet G/L Requirements - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1003 - Seller-XXX<br> Open-Asset Record 1 Does Not Meet G/L Requirements Provide documentation verifying the XXX checking account balance of XXX as stated on the final 1003, since this evidence is not currently included in the file - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated 1003 - Seller-XXX | Resolved-Resolved. XXX removed from 1003. - Due Diligence Vendor-XXX<br> Resolved-Updated 1003 shows XXX checking account has been removed. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020172 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alert - Seller-XXX<br> Open-Missing Third Party Fraud Report Per the XXX page # XXX a clear fraud report is required. However, the loan file is missing the fraud report.<br>- Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alert - Seller-XXX | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020312 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third party fraud report provided. Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared alerts - Seller-XXX<br> Open-Missing Third Party Fraud Report Provide Third Party Fraud Report with all Cleared alerts as Per the XXX page # XXX - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared alerts - Seller-XXX | Resolved-Third party fraud report provided. Resolved - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020312 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Doc Issue | XXX/Closing Statement not signed by Borrower or XXX | Resolved-Executed XXX statement provided. Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. executed XXX - Seller-XXX<br> Open-XXX in file Settlement agent signature is missing. Provide the updated final XXX with settlement agent signature. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. executed XXX - Seller-XXX | Resolved-Executed XXX statement provided. Resolved - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020312 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | XXX/ Valuation is Missing | Resolved-Requested XXX provided, updated & condition resolved. - Due Diligence Vendor-XXX<br> Resolved-XXX or Additional Valuation is present or Not Required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - score of XXX - Seller-XXX<br> Open-XXX or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than XXX File needs a XXX or XXX XXX/XXX report with a score less than XXX, or the file needs an Appraisal Desk Review.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX XXX - score of XXX - Seller-XXX | Resolved-Requested XXX provided, updated & condition resolved. - Due Diligence Vendor-XXX<br> Resolved-XXX or Additional Valuation is present or Not Required - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020194 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Borrower 1 Citizenship Documentation (XXX) Provided. - Due Diligence Vendor-XXX<br> Resolved-Borrower 1 Citizenship Documentation Provided or Not Required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - Seller-XXX<br> Open-Borrower 1 Citizenship Documentation Is Missing Another finding in place for missing borrower permanent resident card, once it is received citizenship will be updated and this finding will be cleared. - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - Seller-XXX | Resolved-Borrower 1 Citizenship Documentation (XXX) Provided. - Due Diligence Vendor-XXX<br> Resolved-Borrower 1 Citizenship Documentation Provided or Not Required - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020194 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-XXX provided.Resolved. - Due Diligence Vendor-XXX<br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXX<br> Ready for Review-XXX - Seller-XXX<br> Open-Borrower 1 XXX Identification Document Missing. Please provide acceptable documentation. Borrower is a XXX, however the XXX identification document is not in file. - Due Diligence Vendor-XXX | Ready for Review-XXX - Seller-XXX | Resolved-XXX provided.Resolved. - Due Diligence Vendor-XXX<br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020194 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Per the XXX XXX page # XXX a clear fraud report is required. The fraud report in file (page # XXX) is showing XXX low uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared alerts - Seller-XXX | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have cleared, verified & entered in system - Resolved. - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020145 |  |  | Closed | XXX | XXX | Acknowledged | 2 - Non-Material D B | Credit | Credit | Spousal Consent Missing | Acknowledged-Client acknowledges XXX spousal consent - Due Diligence Vendor-XXX<br> Open-In XXX, XXX, XXX, XXX, XXX, XXX, XXX, when a XXX is present, then evidence of XXX is also required. Borrower is married and signed XXX, evidence of spousal consent is missing. Provide evidence of spousal consent. - Due Diligence Vendor-XXX |  | Acknowledged-Client acknowledges XXX consent - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | Originator Post-Close | No |
| XXX | 2026020145 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX<br> Open-Fraud Report Shows Uncleared Alerts Per the XXX XXX page # XXX a clear fraud report is required. The fraud report in file (page # XXX) is showing XXX high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-Updated Fraud Report with cleared alerts uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXX<br> Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020261 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Investment statement with updated 1003 for assets - Seller-XXX<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Qualifying reserve is less than required reserve of XXX No assets reflecting in final 1003 and in 1008, provide additional assets documentation if any.<br>- Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Investment statement with updated 1003 for assets - Seller-XXX | Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX<br> Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020261 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Credit | DSCR Does Not Meet Guideline Requirement | Resolved-received corrected DSCR calc - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. DSCR Calc - Seller-XXX<br> Open-Our calculated DSCR is Rents of XXX/ PITIA of XXX = XXX DSCR, whereas tape data showing XXX difference is XXX, provided DSCR worksheet on page XXX showing PITIA XXX whereas our calculated PITIA is XXX matching with 1008 page XXX, Provide updated DSCR worksheet to validate the lender's DSCR calculations to determine variance. Lease Agreement is on page XXX Rent Schedule is on page XXX<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. DSCR Calc - Seller-XXX | Resolved-received corrected DSCR calc - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020462 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-received updated 1003 with self-employed and more than XXX% - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Updated 1003 - Seller-XXX<br> Counter-Document provided is not for this file or borrower. please provide updated 1003 showing borrower is self employed and ownership - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Exception Approval - Seller-XXX<br> Open-Provide updated 1003 showing borrower is self employed and ownership - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Updated 1003 - Seller-XXX<br> Ready for Review-Document Uploaded. Exception Approval - Seller-XXX | Resolved-received updated 1003 with self-employed and more than XXX% - Due Diligence Vendor-XXX | XXX.pdf<br> XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020515 |  |  | Closed | XXX | XXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-There are uncleared alerts in fraud report, Provided updated fraud report, Updated & Condition Resolved - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX <br> Open-Per the XXX XXX page # XXX a clear fraud report is required. The fraud report in file (page # XXX) is showing uncleared alert, provide updated fraud report.<br> - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXX | Resolved-There are uncleared alerts in fraud report, Provided updated fraud report, Updated & Condition Resolved - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020156 |  |  | Closed | XXX | XXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-XXX (XXX) uploaded, verified & entered in system - Resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXX<br> Ready for Review-Document Uploaded. XXX - XXX Score of XXX - Seller-XXX<br> Open-XXX or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than XXX Provide the XXX or Additional Valuation (with acceptable variance to Primary)per guideline requirements - Due Diligence Vendor-XXX | Ready for Review-Document Uploaded. XXX - XXX Score of XXX - Seller-XXX | Resolved-XXX (XXX) uploaded, verified & entered in system - Resolved.<br> - Due Diligence Vendor-XXX<br> Resolved-XXX or Additional Valuation is present or Not Required - Due Diligence Vendor-XXX | XXX.pdf |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |
| XXX | 2026020156 |  |  | Closed | XXX | XXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | XXX - Higher Priced Mortgage Loan (XXX)(XXX XXX)(Conforming) | Resolved-\*\*The loan meets XXX Guidelines and is a Compliant XXX.<br> - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Resolved-The loan's (XXX%) XXX equals or exceeds the XXX threshold of (XXX%). The threshold is determined by adding XXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXX for this loan is (XXX%).(12 CFR 1026.35(a)(1)(i)) \*\*The loan meets XXX Guidelines and is a Compliant XXX.<br>This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, XXX, Fees, and dates are entered correctly. Borrower is Escrowing, XXX disclosures and loan information is on Pg#'s XXX and the Final Closing disclosure on Pg#'XXX reflects escrows. Rate lock date was entered correctly – see Pg#'s XXX An interior and exterior appraisal was completed for this property – see pg XXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXX,and copy of the appraisal was given to the borrower – see Pg#'s XXX for the copy of the disclosure. The loan meets XXX guidelines - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX<br> Open- - Due Diligence Vendor-XXX |  | Resolved-\*\*The loan meets XXX Guidelines and is a XXX.<br> - Due Diligence Vendor-XXX<br> Resolved-The loan's (XXX%) XXX equals or exceeds the XXX threshold of (XXX%). The threshold is determined by adding XXX points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable XXX for this loan is (XXX).(12 CFR 1026.35(a)(1)(i)) \*\*The loan meets XXX Guidelines and is a XXX .<br>This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed XXX and the calculated XXX, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and XXX may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, XXX, Fees, and dates are entered correctly. Borrower is XXX, XXX disclosures and loan information is on Pg#'s XXX and the Final Closing disclosure on Pg#'XXX reflects escrows. XXX date was entered correctly – see Pg#'s XXX An interior and exterior appraisal was completed for this property – see pg XXX, the appraisal disclosure was provided to the borrower(s)- see Pg#'XXX,and copy of the appraisal was given to the borrower – see Pg#'s XXX for the copy of the disclosure. The loan meets XXX guidelines - Due Diligence Vendor-XXX |  |  |  | XXX | XXX | XXX | XXX | XXX | N/A | N/A |

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## Exhibit 99.49

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.49**

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| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 2026020172 |  |  | XXX D A |
| 2026020312 |  |  | XXX D A |
| 2026020194 |  |  | XXX D A |
| 2026020145 |  |  | XXX D A B |
| 2026020261 |  |  | XXX D A |
| 2026020462 |  |  | XXX C A |
| 2026020515 |  |  | XXX C A |
| 2026020503 |  |  | XXX A |
| 2026020495 |  |  | XXX A |
| 2026020156 |  |  | XXX A D |

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## Exhibit 99.50

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.50**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2026020172 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020312 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | XXX |
| 2026020194 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXX |
| 2026020145 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020261 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX |
| 2026020462 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | MODERATE RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020515 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020503 |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | .0000 | CLEARCAPITAL | LOW RISK | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2026020495 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1004 URAR | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX |
| 2026020156 |  |  | XXX | XXX | XXX | XXX | XXX | XXX | 1073 Individual Condo Report | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXX Eligible |  |  |

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## Exhibit 99.51

**[AOMT II, LLC ABS 15-G](aomt-abs15g.htm)**

**Exhibit 99.51**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2026020172 |  |  | XXX | Note Date | XXX | XXX | XXX | Updated as per Note document |
| 2026020312 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | DSCR loan, Updated as per loan approval |
| 2026020194 |  |  | XXX | Property Type | XXX | XXX | XXX | True data is correct, property is a XXX per appraisal. |
| 2026020194 |  |  | XXX | Note Date | XXX | XXX | XXX | True data is correct, verified from Note doc. |
| 2026020194 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | True data is correct, XXX months bank statements are used for qualification and hence doc type updated the same. |
| 2026020194 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | True data is correct, tape data shows only P&I value whereas true data shows PITIA. |
| 2026020145 |  |  | XXX | Prepayment Penalty Type | XXX | XXX | XXX | Updated as per pre payment addendum |
| 2026020145 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | DSCR loan, Updated as per loan approval |
| 2026020145 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | True data is correct, tape data was not included XXX and HOI amount whereas true data shows PITIA. |
| 2026020145 |  |  | XXX | Calculated DSCR | XXX | XXX | XXX | Verified subject loan was qualified with the XXX, the calculation validating the correct DSCR is as follows: Rents of $XXX/ PITIA of XXX<br> The rent schedule page #31<br> UW DSCR worksheet page #XXX<br> Lease agreement page # 248 |
| 2026020261 |  |  | XXX | Note Date | XXX | XXX | XXX | Note date verified from Note page XXX. |
| 2026020261 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | Doctype updated per XXX & documentation. |
| 2026020261 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | Qualifying Total Housing expenses PITIA is matching with 1008 Tape data not included HOA amount. |
| 2026020261 |  |  | XXX | Calculated DSCR | XXX | XXX | XXX | Our calculated DSCR is Rents of $XXX/ PITIA of XXX = XXX DSCR, whereas tape data showing XXX difference is XXX<br> Lease Agreement is on page XXX Rent Schedule is on page XXX and DSCR worksheet is on page XXX<br>|
| 2026020462 |  |  | XXX | Note Date | XXX | XXX | XXX | True data is correct, verified from Note doc. |
| 2026020462 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | True data is correct, cash flow analysis used for qualification and hence doc type updated the same. |
| 2026020462 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | True data is correct, tape data shows only P&I value whereas true data shows PITIA. Difference is the taxes and insurance amount. XXX |
| 2026020515 |  |  | XXX | Note Date | XXX | XXX | XXX | Note date is updated as per note document |
| 2026020515 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | XXX Fee not included in the tape data |
| 2026020503 |  |  | XXX | Note Date | XXX | XXX | XXX | Updated as per note |
| 2026020503 |  |  | XXX | Verified Doc Type | XXX | XXX | XXX | True data is correct, XXX months bank statements are used for income calculation and hence doc type updated the same. |
| 2026020503 |  |  | XXX | Loan Program | XXX | XXX | XXX | Loan program verified from loan approval and updated as XXX |
| 2026020495 |  |  | XXX | Property Type | XXX | XXX | XXX | Property type is XXX verified from appraisal pg#XXX and XXX is on pg#XXX. |
| 2026020495 |  |  | XXX | Qualifying FICO | XXX | XXX | XXX | Qualifying FICO on the 1008 Page is 'XXX' or blank, but the Qualifying FICO from the Credit Liabilities Page is 'XXX' or blank. Qualifying FICO entries do not match. Please confirm the correct Qualifying FICO value. • Per guidelines: "The borrower with the higher monthly income is considered the primary borrower and their credit score can be used as the Decision Credit Score." B1 has income of $XXX, while B2 has no income . Therefore, B1's FICO score should be used. However, there will be no change in LTV limits due to this FICO difference, Hence Rescinded. |
| 2026020495 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | Tape Data not included Monthly Property Tax & Homeowner's insurance amounts & HOA amount, However file is No XXX. |
| 2026020495 |  |  | XXX | Loan Program | XXX | XXX | XXX | XXX as per Loan Approval Super XXX consider the same. |
| 2026020495 |  |  | XXX | Qualifying Total Debt Income Ratio | XXX | XXX | XXX | DTI Variance is XXX, within tolerance. |
| 2026020156 |  |  | XXX | Qualifying Total Housing Expense PITIA | XXX | XXX | XXX | Confirmed total PITIA |

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