# EDGAR Filing Document

**Accession Number:** 0002097271
**File Stem:** 0001213900-25-118372
**Filing Date:** 2025-12
**Character Count:** 2452029
**Document Hash:** a69a18ad13db3e6f32b6ed68cf8a9e89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-118372.hdr.sgml**: 20251204

**ACCESSION NUMBER**: 0001213900-25-118372

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

**PUBLIC DOCUMENT COUNT**: 86

**CONFORMED PERIOD OF REPORT**: 20251204

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

**FILED AS OF DATE**: 20251204

**DATE AS OF CHANGE**: 20251204

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM7 LLC
- **CENTRAL INDEX KEY:** 0002097271

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

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-08147
- **FILM NUMBER:** 251550607

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003
- **BUSINESS PHONE:** 212 850 7770

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM7 LLC
- **CENTRAL INDEX KEY:** 0002097271

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

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

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003
- **BUSINESS PHONE:** 212 850 7770

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Residential Funding 2025-NQM7 LLC
- **CENTRAL INDEX KEY:** 0002097271

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

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

**BUSINESS ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003
- **BUSINESS PHONE:** 212 850 7770

**MAIL ADDRESS:**
- **STREET 1:** 799 BROADWAY
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10003

OMB Number: 3235-0675

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**FORM ABS-15G<br>ASSET-BACKED SECURITIZER<br> REPORT PURSUANT TO SECTION 15G OF<br> THE SECURITIES EXCHANGE ACT OF 1934**

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 filing) __________________

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.

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

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

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

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

Central Index Key Number of sponsor: <u>0002097271</u> 

NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM7

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

Central Index Key Number of issuing entity (if applicable): <u>Not applicable</u>

Central Index Key Number of underwriter (if applicable): <u>Not applicable</u> 

Philip Sivin, 212-798-6100

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

**FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS**

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

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

**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.

---

| | | | |
|:---|:---|:---|:---|
|  | NEW RESIDENTIAL FUNDING 2025-NQM7 LLC | NEW RESIDENTIAL FUNDING 2025-NQM7 LLC | NEW RESIDENTIAL FUNDING 2025-NQM7 LLC |
| Date: December 4, 2025 | By: | /s/ Nicola Santoro, Jr. | /s/ Nicola Santoro, Jr. |
|  |  | Name: | Nicola Santoro, Jr. |
|  |  | Title: | Chief Financial Officer |

---

**EXHIBIT INDEX**

<u>Exhibit Number</u>

[99.1 - Third Party Due Diligence Report - AMC Executive Summary](ea026851201_ex99-1.htm)

[Schedule 1 – Rating Agency Grades](ea026851201_ex99-1sch1.htm)

[Schedule 2 – Exception Grades](ea026851201_ex99-1sch2.htm)

[Schedule 3 – Valuation Summary](ea026851201_ex99-1sch3.htm)

[Schedule 4 – Business Purpose Report](ea026851201_ex99-1sch4.htm)

[Schedule 5 – Data Compare](ea026851201_ex99-1sch5.htm)

[99.2 - Third Party Due Diligence Report - Infinity Executive Summary](ea026851201_ex99-2.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-2sch1.htm)

[Schedule 2 – Rating Agency Grades Report](ea026851201_ex99-2sch2.htm)

[Schedule 3 – Data Compare](ea026851201_ex99-2sch3.htm)

[Schedule 4 – Loan Level Exception Report](ea026851201_ex99-2sch4.htm)

[Schedule 5 – Individual Exception Report](ea026851201_ex99-2sch5.htm)

[99.3 - Third Party Due Diligence Report - Evolve Executive Summary](ea026851201_ex99-3.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-3sch1.htm)

[Schedule 2 – Rating Agency Grades](ea026851201_ex99-3sch2.htm)

[Schedule 3 – Business Purpose Report](ea026851201_ex99-3sch3.htm)

[Schedule 4 – Data Compare](ea026851201_ex99-3sch4.htm)

[Schedule 5 – Exception Detail](ea026851201_ex99-3sch5.htm)

[Schedule 6 – QM ATR Report](ea026851201_ex99-3sch6.htm)

[99.4 - Third Party Due Diligence Report - Clarifii Executive Summary](ea026851201_ex99-4.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-4sch1.htm)

[Schedule 2 – Rating Agency Grades Summary](ea026851201_ex99-4sch2.htm)

[Schedule 3 – Data Compare](ea026851201_ex99-4sch3.htm)

[Schedule 4 – ATR QM Report](ea026851201_ex99-4sch4.htm)

[Schedule 5 – Rating Agency Grades Detail Report](ea026851201_ex99-4sch5.htm)

[Schedule 6 – Business Purpose Supplement](ea026851201_ex99-4sch6.htm)

[99.5 - Third Party Due Diligence Report – Consolidated Analytics Executive Summary](ea026851201_ex99-5.htm)

[Schedule 1 – Rating Agency Grades Summary](ea026851201_ex99-5sch1.htm)

[Schedule 2 – Due Diligence Standard Report](ea026851201_ex99-5sch2.htm)

[Schedule 3 – Valuations Report](ea026851201_ex99-5sch3.htm)

[Schedule 4 – Data Compare](ea026851201_ex99-5sch4.htm)

[99.6 - Third Party Due Diligence Report - Opus Executive Summary](ea026851201_ex99-6.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-6sch1.htm)

[Schedule 2 – Rating Agency Grades Summary](ea026851201_ex99-6sch2.htm)

[Schedule 3 – Business Purpose Supplemental Extract](ea026851201_ex99-6sch3.htm)

[Schedule 4 – Standard Findings Report](ea026851201_ex99-6sch4.htm)

[Schedule 5 – Data Compare](ea026851201_ex99-6sch5.htm)

[Schedule 6 – ATR QM Report](ea026851201_ex99-6sch6.htm)

[99.7 - Third Party Due Diligence Report - Selene Executive Summary](ea026851201_ex99-7.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-7sch1.htm)

[Schedule 2 – Rating Agency Grades Summary](ea026851201_ex99-7sch2.htm)

[Schedule 3 – Business Purpose Supplemental Extract](ea026851201_ex99-7sch3.htm)

[Schedule 4 – Standard Findings](ea026851201_ex99-7sch4.htm)

[Schedule 5 – Data Compare](ea026851201_ex99-7sch5.htm)

[99.8 - Third Party Due Diligence Report – Inglet Blair Executive Summary](ea026851201_ex99-8.htm)

[Schedule 1 – Valuation Report](ea026851201_ex99-8sch1.htm)

[Schedule 2 – Loan Summary](ea026851201_ex99-8sch2.htm)

[Schedule 3 – Exception Report](ea026851201_ex99-8sch3.htm)

[Schedule 4 – QM Summary](ea026851201_ex99-8sch4.htm)

[Schedule 5 – Data Comparison](ea026851201_ex99-8sch5.htm)

[Schedule 6 – Final Grading Summary](ea026851201_ex99-8sch6.htm)

[99.9 - Third Party Due Diligence Report – Clayton Executive Summary](ea026851201_ex99-9.htm)

[Schedule 1 – Valuations Summary](ea026851201_ex99-9sch1.htm)

[Schedule 2 – Non ATR QM Report](ea026851201_ex99-9sch2.htm)

[Schedule 3 – Conditions Detail](ea026851201_ex99-9sch3.htm)

[Schedule 4 – Rating Agency ATR QM Report](ea026851201_ex99-9sch4.htm)

[Schedule 5 – Loan Level Tape Compare](ea026851201_ex99-9sch5.htm)

[Schedule 6 – Loan Grades](ea026851201_ex99-9sch6.htm)

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC" or "SitusAMC") performed the due diligence services described below (the "Review") on residential Loans (as defined in (2) below) originated by multiple correspondent lenders and acquired directly via reliance letter by Rithm Capital, or its affiliates (the "Client") through mortgage loan files reviewed on behalf of such parties or with results conveyed from another party to the Client via reliance letter. The Review, which includes reliance letter Loans the time of an initial review performed for such party, was conducted from December 2024 through September 2025 on Loans with origination dates from November 2024 through July 2025 via files imaged and provided by the Client for review. The Review includes Loans that were reviewed both (i) directly for an affiliate of the Client and (ii) for correspondents with results conveyed to an affiliate of the Client by a reliance letter.

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

The final population of the Review contained one hundred thirty-three (133) Loans totaling an aggregate original principal balance of approximately $59.338 million (the "Loans").

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

The Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), Fitch Ratings, Inc. ("Fitch") and KBRA, Inc. ("Kroll").

**(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 actual mortgage loan file as captured by AMC. This comparison, when data was available (please note that not all fields were available for all Loans during the Review) and relevant for the Scope in question, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;Original HLTV |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Coborrower SSN | &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Original LTV |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;Mortgage Type | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;Subject Debt Service Coverage Ratio |
| &nbsp;&nbsp;Coborrower Citizenship | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Total Income |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Universal Loan Identifier (ULI) |
| &nbsp;&nbsp;Coborrower FTHB | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Zip |

---

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

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![](ex99-1_001.jpg)

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

AMC reviewed mortgage loan origination documentation to determine conformity with the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to AMC 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.

**<u>CREDIT AND COMPLIANCE SCOPE:</u>**

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

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

**Credit Report:** AMC's review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower's credit profile adhered to the guidelines. In order to make this determination, AMC: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt-to-income ratio as appropriate.

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

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

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

**DU/LP Review:** When provided and appropriate, AMC verified that DU findings included an approved/ineligible decision where required by the guidelines. However, all 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.

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![](ex99-1_001.jpg)

**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, for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

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

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

**Title Review:** AMC's review included a review of the chain of title and the duration of ownership by the seller or borrower (whichever is applicable) 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.

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

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

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

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

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

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

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

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

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

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![](ex99-1_001.jpg)

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

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

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

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

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

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

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

▪ Gathering the components of the DSCR from source documentation
provided in the loan file during the course of the review. Where applicable, AMC 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.

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

---

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

---

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

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

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

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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. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

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

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

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

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

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

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

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

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

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

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iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(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)).

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

 

*<u>Qualified Mortgage</u>*

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

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

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

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

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For the loans determined to be Safe Harbor QM (APOR), in the event the lender provided a Verification Safe Harbor, ("VSH") indicator of "Yes" on the loans, that would be reflected as such in the reports. In the event the lender provided a VSH indicator of "No" on the loans that would be reflected in the reports. In the event the lender did not provide a VSH indicator on the loans, the loans would be identified as "Not Stated" in the reports.

\* Note, for loans in which the lender provided the VSH indicator, AMC captured it, but did not verify the VSH indicator.

Notwithstanding the above, for loans with the variance evaluation of VSH performed by AMC on QM (APOR) loans, the Lender provided a VSH Indicator of "Yes". The VSH indicator was provided within the loan images, on the data tape, deal notes, or as part of the loan program/guidelines being originated to. The loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH. In the event the lender identified the loan to have VSH status, then AMC reviewed to identify documentation variances that would cause one to question the VSH attestation from the lender. If variances were identified, then the loan would not be identified by AMC to meet the VSH documentation requirements under either the Fannie Mae guidelines or under the Freddie Mac guidelines. The results of the variance analysis are reflected in the reports.

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

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

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

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

 

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

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

 

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final 1003;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final TIL;

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

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

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

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

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

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![](ex99-1_001.jpg)

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

**OVERALL REVIEW RESULTS SUMMARY**

Of the one hundred thirty-three (133) Loans reviewed, all one hundred thirty-three (133) Loans or (100%) received an overall "A" or "B" grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Grades** | &nbsp;&nbsp;**Overall Loan Grades** | &nbsp;&nbsp;**Overall Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;105 | &nbsp;&nbsp;78.95% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;28 | &nbsp;&nbsp;21.05% |
| &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;**133** | &nbsp;&nbsp;**100.00%** |

---

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![](ex99-1_001.jpg)

**COMPLIANCE RESULTS SUMMARY**

Ninety-seven (97) Loans are DSCR loans and will not have a compliance grade.

Of the thirty-six (36) Loans reviewed for compliance, all thirty-six (36) Loans or (100%) received an "A" or "B" compliance grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Loan Grades** | &nbsp;&nbsp;**Compliance Loan Grades** | &nbsp;&nbsp;**Compliance Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;33 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;8.33% |
| &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;**36** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All one hundred thirty-three (133) Loans (100%) reviewed received an "A" or "B" credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Loan Grades** | &nbsp;&nbsp;**Credit Loan Grades** | &nbsp;&nbsp;**Credit Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of<br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;107 | &nbsp;&nbsp;80.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;26 | &nbsp;&nbsp;19.55% |
| &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;**133** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

All one hundred thirty-three (133) Loans (100%) reviewed under the applicable rating agency criteria, received an "A" property grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Loan Grades** | &nbsp;&nbsp;**Property Loan Grades** | &nbsp;&nbsp;**Property Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;133 | &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;**133** | &nbsp;&nbsp;**100.00%** |

---

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![](ex99-1_001.jpg)

**EXCEPTION CATEGORY SUMMARY** 

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception<br> Type** | &nbsp;&nbsp;**Fitch & Kroll<br> Final<br> Exception<br> Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Defect | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***4*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**4** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;15 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;11 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Insurance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***39*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**39** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**43** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the one hundred thirty-three (133) Loans reviewed, seventy-seven (77) unique Loans had a total of one hundred seventy-six (176) different tape discrepancies across forty-three (43) data fields (some Loans had more than one data delta). The largest variances were found on Borrower Last Name, Subject Debt Service Coverage Ratio and Note Date where the data tape information did not coincide with the documentation type found in the loan file.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times<br> Compared** | &nbsp;&nbsp;**%<br> Variance** | &nbsp;&nbsp;**# Of<br> Loans** |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;1 | &nbsp;&nbsp;131 | &nbsp;&nbsp;0.76% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;3 | &nbsp;&nbsp;35 | &nbsp;&nbsp;8.57% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Appraisal As-Is Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;35 | &nbsp;&nbsp;2.86% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Blanket Mortgage? | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower EIN | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;3 | &nbsp;&nbsp;38 | &nbsp;&nbsp;7.89% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;53 | &nbsp;&nbsp;133 | &nbsp;&nbsp;39.85% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;1 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.75% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Coborrower Citizenship | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Coborrower FTHB | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Coborrower SSN | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |

---

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![](ex99-1_001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;13 | &nbsp;&nbsp;132 | &nbsp;&nbsp;9.85% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;2 | &nbsp;&nbsp;97 | &nbsp;&nbsp;2.06% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Last Property Transfer Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;38 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Loan Property Count | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;98 | &nbsp;&nbsp;2.04% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;130 | &nbsp;&nbsp;3.08% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Mortgage Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Neg Am | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;15 | &nbsp;&nbsp;99 | &nbsp;&nbsp;15.15% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;131 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original HLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;8 | &nbsp;&nbsp;38 | &nbsp;&nbsp;21.05% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;2 | &nbsp;&nbsp;130 | &nbsp;&nbsp;1.54% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;8 | &nbsp;&nbsp;133 | &nbsp;&nbsp;6.02% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;8 | &nbsp;&nbsp;133 | &nbsp;&nbsp;6.02% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;2 | &nbsp;&nbsp;133 | &nbsp;&nbsp;1.50% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Subject Debt Service Coverage Ratio | &nbsp;&nbsp;16 | &nbsp;&nbsp;96 | &nbsp;&nbsp;16.67% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Total Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Universal Loan Identifier (ULI) | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;1 | &nbsp;&nbsp;133 | &nbsp;&nbsp;0.75% | &nbsp;&nbsp;133 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**176** | &nbsp;&nbsp;**2847** | &nbsp;&nbsp;**6.18%** | &nbsp;&nbsp;**133** |

---

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![](ex99-1_001.jpg)

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;133 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$59338064.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;133 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$59338064.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;59 | &nbsp;&nbsp;44.36% | &nbsp;&nbsp;$26245175.00 | &nbsp;&nbsp;44.23% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;12 | &nbsp;&nbsp;9.02% | &nbsp;&nbsp;$4202696.00 | &nbsp;&nbsp;7.08% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;47 | &nbsp;&nbsp;35.34% | &nbsp;&nbsp;$23648753.00 | &nbsp;&nbsp;39.85% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;15 | &nbsp;&nbsp;11.28% | &nbsp;&nbsp;$5241440.00 | &nbsp;&nbsp;8.83% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;130 | &nbsp;&nbsp;97.74% | &nbsp;&nbsp;$56838064.00 | &nbsp;&nbsp;95.79% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.26% | &nbsp;&nbsp;$2500000.00 | &nbsp;&nbsp;4.21% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;65 | &nbsp;&nbsp;48.87% | &nbsp;&nbsp;$29626595.00 | &nbsp;&nbsp;49.93% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;9 | &nbsp;&nbsp;6.77% | &nbsp;&nbsp;$2005082.00 | &nbsp;&nbsp;3.38% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;2 | &nbsp;&nbsp;1.50% | &nbsp;&nbsp;$591500.00 | &nbsp;&nbsp;1.00% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;26 | &nbsp;&nbsp;19.55% | &nbsp;&nbsp;$9624037.00 | &nbsp;&nbsp;16.22% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;3 | &nbsp;&nbsp;2.26% | &nbsp;&nbsp;$530000.00 | &nbsp;&nbsp;0.89% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;18 | &nbsp;&nbsp;13.53% | &nbsp;&nbsp;$7700450.00 | &nbsp;&nbsp;12.98% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;6 | &nbsp;&nbsp;4.51% | &nbsp;&nbsp;$4780000.00 | &nbsp;&nbsp;8.06% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;4 | &nbsp;&nbsp;3.01% | &nbsp;&nbsp;$4480400.00 | &nbsp;&nbsp;7.55% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;21 | &nbsp;&nbsp;15.79% | &nbsp;&nbsp;$13311830.00 | &nbsp;&nbsp;22.43% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;112 | &nbsp;&nbsp;84.21% | &nbsp;&nbsp;$46026234.00 | &nbsp;&nbsp;77.57% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**133** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$59338064.00** | &nbsp;&nbsp;**100.00%** |

---

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## Exhibit 99.1

**Exhibit 99.1 Schedule 1**

---

| |
|:---|
| ![](ex99-1sch1_001.jpg) |
| **Rating Agency Grades** |
| **Run Date - 11/19/2025 4:41:59 PM** |

---

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** |
| 223651206 | XXX | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| 224065194 | XXX | XXX |  | XXX | XXX A | A | A | A | A | A | A | A |  |
| 224065204 | XXX | XXX |  | XXX | XXX A | A | A | A | A | A | A | A |  |
| 224065216 | XXX | XXX |  | XXX | XXX A | A | A | A | A | A | A | A |  |
| 224065235 | XXX | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
| 224065240 | XXX | XXX |  | XXX | XXX A |  | A | A | A |  | A | A |  |
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## Exhibit 99.1

**Exhibit 99.1 Schedule 2**

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| |
|:---|
| ![](ex99-1sch2_001.jpg) |
| **Exception Grades** |
| **Run Date - 11/XX/2025 4:41:59 PM** |

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **XXXX 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** |
| 224081997 | XXX | XXX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | The guidelines require the Certificate of Good Standing to be within 90 days of the note date. The COGS provided is not dated; therefore, it cannot be determined if the document meets the guideline requirement. |  |  |  | Reviewer Comment (2025-06-11): clear<br>Buyer Comment (2025-06-09): Please accept in place of cert of good standing as the secretary of NY state website document reflects the same information. Thank you. | 6/XX/2025 8:19:15 AM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224081997 | XXX | XXX |  | XXX | XXX | 5/XX/2025 3:26:44 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan. |  | The appraisal reflects the property is owner occupied. |  |  |  | Reviewer Comment (2025-07-24): clear<br>Buyer Comment (2025-07-22): Please find Appraisal update. Thank you.<br>Reviewer Comment (2025-07-07): Updated appraisal reflects owner occupied on page 1 and appraiser commented that the loan is for personal use and the subject property is owner occupied. This is not permitted per guidelines.<br>Buyer Comment (2025-07-02): Please see occupancy commentary update along with the appraisal attached. Thank you. | 7/XX/2025 8:26:52 PM |  |  | 1 C A | 5/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082012 | XXX | XXX |  | XXX | XXX | 5/XX/2025 4:31:16 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | The lender exception has been approved to go to 80% LTV on cash-out DSCR refinance transaction which has a maximum of 75% LTV. The exception has been approved with the compensating factors of 714 FICO & DSCR >1.15. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 76.48<br> Guideline Requirement: 2.00 | XXXX | Reviewer Comment (2025-05-29): Waived with compensating factors per lender exception approval at origination. |  |  | 5/XX/2025 1:41:41 PM | 2 B | 5/XX/2025 | PA | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| 224082021 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:42:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence the primary residence is owned free and clear. |  |  |  | Reviewer Comment (2025-06-18): Cleared with UW comment on 1008. Borrower resides rent free with other than spouse.<br>Buyer Comment (2025-06-16): 1008<br>Reviewer Comment (2025-06-13): Provide UW comment regarding living rent free with other than spouse.<br>Buyer Comment (2025-06-11): Rent free loe | 6/XX/2025 10:05:39 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082040 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:17:03 PM | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date 08/XX/2025, Note Date 06/XX/2025 | Hazard Insurance Policy expires within 90 days of the Note Date. |  |  |  | Reviewer Comment (2025-07-07): cleared<br>Buyer Comment (2025-07-02): Please see attached Final HUD-!. On page 2, the HOI was escrowed for 13 months in the amount of $1,387.75. The HOI premium is $1,281.00. We collected 13 months at close to pay for the premium when the renewal is available | 7/XX/2025 3:47:56 PM |  |  | 1 B A | 6/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082040 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:17:03 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Provide a Corporate Resolution verifying the Guarantor has full signing authority. Operating Agreement does not verify the Guarantor is an authorized signor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 85.71<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 762 | XXXX | Reviewer Comment (2025-09-15): LLC Resolution received in trailing documents.<br>Reviewer Comment (2025-09-15): LLC resolution received<br>Reviewer Comment (2025-07-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-07-25): Good afternoon, XX PLEASE waive to an exception grade of 2 due to the following compensating factors:<br> Borrowers' fico score is 40+ points over the minimum required for this program/product.<br> Borrowers dscr score is over 1.00%. Borrower is an experienced landlord/property manager. <br> Thank you.<br>Reviewer Comment (2025-07-22): Exception request received; however, valid compensating factors will need to be provided. The reserves are all from cash out and not borrowers own funds and there is no DTI calculated on a DSCR loan.<br>Buyer Comment (2025-07-18): Please find exception attached. Thank you.<br>Reviewer Comment (2025-07-10): Need document signed by both owners to verify the Guarantor has signing authority. Operating Agreement states that the other member of the LLC is sole signor for the business.<br>Buyer Comment (2025-07-08): Please see attached LLC Resolution | 9/XX/2025 7:36:03 AM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082048 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:23:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception request to Approve budget for 2025 must include 10% line item expense for reserves 13 Current budget only has 7.71% allocated towards reserves, and does not have at least 25% of the reserves in cash assets listed on the March balance sheet and cannot be approved under non-warrantable guidelines. Comp Factors: 1. LTV -10% < Matrix Tier (75% Max/70% Preferred) (once COC request is approved) 2. DSCR Ratio > 1.15% 3.>= 12 months Addt'l Reserves and <= $2.0M | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 17.91<br> Guideline Requirement: 2.00<br>Debt Service Coverage Ratio: 1.69<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 620<br> Representative FICO: 769 | XXXX | Reviewer Comment (2025-06-19): Waived with compensating factors per lender exception approval at origination. |  |  | 6/XX/2025 12:59:46 PM | 2 B | 6/XX/2025 | FL | Investment | Purchase | B A |  | N/A | No |
| 224082055 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approval , 1008 states property is a 2 unit property but Appraisal 1025 page 1 shows its 3 unit property, Photos available in appraisal shows its a 2 unit property, Comparable rent schedule show unit breakdown of 2 units. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 796 | XXXX | Reviewer Comment (2025-09-03): Cleared with corrected appraisal.<br>Reviewer Comment (2025-09-03): Received corrected appraisal.<br>Reviewer Comment (2025-07-31): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-07-29): Please find exception attached. Thank you. | 9/XX/2025 9:56:45 AM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 224082055 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | OFAC is missing for the borrowing entity. |  |  |  | Reviewer Comment (2025-07-09): clear<br>Buyer Comment (2025-07-07): Please find clear ofac attached. Thank you. | 7/XX/2025 12:56:24 PM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 224082061 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:35:27 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.17 is less than Guideline PITIA months reserves of 2.00. | Provided Asset is Insufficient to cover, provide sufficient asset to cover guideline requirement. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 800 | XXXX | Reviewer Comment (2025-07-25): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-07-23): Please find exception attached. Thank you. |  |  | 7/XX/2025 7:57:33 AM | 2 C B | 6/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| 224082071 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. |  |  |  |  |  | Reviewer Comment (2025-07-09): Per client, accepting HOI as effective date is same as disbursement date.<br>Buyer Comment (2025-07-07): email from closing manager<br>Reviewer Comment (2025-07-02): Florida is wet state. Policy must be effective at closing date.<br>Buyer Comment (2025-07-01): XX reports disbursement date 06/XX/25 and insurance effective date is 06/XX/25- this is permitted. | 7/XX/2025 12:53:42 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224082071 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. |  | Note is dated 06/XX/2025 and insurance starts 06/XX/2025. |  |  |  | Reviewer Comment (2025-07-09): Per client, accepting HOI as effective date is same as disbursement date<br>Buyer Comment (2025-07-07): see attached email from closing manager<br>Reviewer Comment (2025-07-02): Florida is wet state. Policy must be effective at closing date.<br>Buyer Comment (2025-07-01): Insurance is effective as of the disbursement date; this is permitted. | 7/XX/2025 12:53:58 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224082071 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date 06/XX/2025, Disbursement Date: 06/XX/2025 | Note date is 06/XX/2025 and hazard insurance starts 06/XX/2025. |  |  |  | Reviewer Comment (2025-07-09): Per client, accepting HOI as effective date is same as disbursement date<br>Buyer Comment (2025-07-07): see attached email from closing manager<br>Reviewer Comment (2025-07-02): Florida is wet state. Policy must be effective at closing date.<br>Buyer Comment (2025-07-01): Hazard insurance effective as of disbursement date; this is permitted. | 7/XX/2025 12:54:07 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224082078 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:47:58 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | File is missing final signed and dated HUD-1/Settlement Statement. |  |  |  | Reviewer Comment (2025-07-07): clear<br>Buyer Comment (2025-07-02): 07/025-Please see attached FSS | 7/XX/2025 6:09:49 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224082088 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:45:29 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.80 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | There is no asset utilization evidence in file, as per Doc ID XX(Loan Change Request Document) we have to add income from asset utilization, we do not have document (UW Asset Utilization calculation worksheet), so we are getting mismatch in DSCR. |  |  |  | Reviewer Comment (2025-07-07): clear<br>Buyer Comment (2025-07-02): DSCR Calc | 7/XX/2025 8:43:17 AM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224082091 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:40:22 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower lives rent free and no rent free letter provided in file. |  |  |  | Reviewer Comment (2025-07-14): Received rent free letter, along with UW discretion detail, in trailing docs.<br>Buyer Comment (2025-07-10): UW cert<br>Reviewer Comment (2025-07-10): Letter provided is not from a spouse. UW discretion for allowing borrower to live rent free with someone other than a spouse will be required for review.<br>Buyer Comment (2025-07-08): rent free letter | 7/XX/2025 1:01:56 PM |  |  | 1 C A D | 6/XX/2025 | AL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082118 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | OFAC is missing for the borrowing entity. |  |  |  | Reviewer Comment (2025-07-14): Received OFAC<br>Buyer Comment (2025-07-10): fraud<br>Reviewer Comment (2025-07-10): Entity name is spelled incorrectly. Will need OFAC with correct spelling of entity name to verify clear OFAC<br>Buyer Comment (2025-07-08): D0140 pg 80 is reporting business entity | 7/XX/2025 9:25:00 AM |  |  | 1 C A | 6/XX/2025 | CT | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082159 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | File is missing final signed and dated HUD-1/Settlement Statement. |  |  |  | Reviewer Comment (2025-07-18): Received<br>Buyer Comment (2025-07-16): Final | 7/XX/2025 10:06:59 AM |  |  | 1 C A | 6/XX/2025 | MO | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224082159 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Incorporation not provided |  | Required for XX, LLC and was not provided. |  |  |  | Reviewer Comment (2025-07-31): Received articles of organization for XX<br>Buyer Comment (2025-07-30): Article of organization<br>Reviewer Comment (2025-07-29): Document provided is not the articles or organization and does not contain the same information as articles would contain. Please provide actual articles of organization for sub entity XX<br>Reviewer Comment (2025-07-18): Document provided is not the articles or organization and does not contain the same information as articles would contain. Please provide actual articles of organization for sub entity XX<br>Buyer Comment (2025-07-16): Article of organization for XX LLC | 7/XX/2025 5:54:04 PM |  |  | 1 C A | 6/XX/2025 | MO | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224082162 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XX | Lender Exception: Approved Lender Exception - Lives rent free, No housing history, Compensating Factor - Fico score 795, LTV 80%, DSCR 1.05, Month Reserve +4 months | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 7.76<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 795 | XXXX | Reviewer Comment (2025-07-16): Waived with compensating factors per lender exception approval at origination. |  |  | 7/XX/2025 1:09:36 PM | 2 B | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224082162 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-07-21): Alerts summary with all red flags addressed received in trailing docs.<br>Buyer Comment (2025-07-17): Fraud | 7/XX/2025 7:44:08 AM |  |  | 1 C A | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224082193 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. |  | The property is listed for sale. LOX is require for property listed. |  |  |  | Reviewer Comment (2025-07-30): Property recently purchased.<br>Buyer Comment (2025-07-28): Please note property not listed for sale but listed for rent. Thank you. | 7/XX/2025 8:45:00 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082193 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD (Initial Purchase) not provided |  |  |  |  |  | Reviewer Comment (2025-07-30): Clear<br>Buyer Comment (2025-07-29): 07/29-Please see attached FSS | 7/XX/2025 8:50:46 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082194 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow rental payment in cash to a private party without a lease to address the most recent 12-month period, along with timely payments made (either canceled checks front and back or bank statements showing account ownership and payments debited by landlord). Lease in file is month-to-month. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 16.51<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 640<br> Representative FICO: 806 | XXXX | Reviewer Comment (2025-07-22): Waived with compensating factors per lender exception approval at origination. |  |  | 7/XX/2025 2:50:26 PM | 2 B | 7/XX/2025 | FL | Investment | Purchase | C B A |  | N/A | No |
| 224082194 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. |  | The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. |  |  |  | Reviewer Comment (2025-07-31): Received<br>Buyer Comment (2025-07-30): Non-Owner | 7/XX/2025 6:00:53 PM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Purchase | C B A |  | N/A | No |
| 224082204 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Note provided is incomplete. |  |  |  | Reviewer Comment (2025-07-30): Cleared with signed Note.<br>Buyer Comment (2025-07-28): 07/28-Please see attached Note | 7/XX/2025 10:39:50 AM |  |  | 1 D A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082204 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Coverage Amount is insufficient. |  |  |  | Reviewer Comment (2025-08-04): Agent email received reflecting policy has 100% replacement cost.<br>Buyer Comment (2025-07-31): 07/31-Please see attached evidence of 100% replacement cost | 8/XX/2025 5:58:07 PM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082206 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of organization/formation is missing in file. |  |  |  | Reviewer Comment (2025-08-01): Cleared with AOO.<br>Buyer Comment (2025-07-30): Article of Organization | 8/XX/2025 7:04:39 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082206 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating agreement is missing in file. |  |  |  | Reviewer Comment (2025-08-01): Cleared with O/A<br>Buyer Comment (2025-07-30): operating agreement | 8/XX/2025 7:04:25 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082206 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of good standing is missing in file. |  |  |  | Reviewer Comment (2025-08-01): Cleared with COGS<br>Buyer Comment (2025-07-30): COGS | 8/XX/2025 7:04:13 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082206 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing verification of a 12 month payment history for the primary residence. |  |  |  | Reviewer Comment (2025-08-01): Cleared with property report. No ownership. Lives rent free with spouse.<br>Buyer Comment (2025-07-30): property profile<br>Buyer Comment (2025-07-30): rent free loe | 8/XX/2025 7:05:10 AM |  |  | 1 C A D | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082208 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The file is missing final HUD/CD and closing statement. Copy in file is not signed nor stamped true and certified. Once final HUD is received, the Asset Utilization will be re-calculated based off remaining assets. |  |  |  | Reviewer Comment (2025-07-31): Cleared with final HUD.<br>Buyer Comment (2025-07-29): Final SS attached | 7/XX/2025 10:44:16 AM |  |  | 1 C A | 7/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy. | Borrower: XXX |  |  |  |  | Reviewer Comment (2025-05-09): clear.<br>Buyer Comment (2025-05-07): Please see the updated 1003 crossed out & initialed declaration section updated to "YES" they will occupy. Thank you. | 5/XX/2025 7:21:22 AM |  |  | 1 C A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after 04/XX/2025 contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation |  |  |  |  | Reviewer Comment (2025-05-15): XXXX Received Signed copy of CD dated 04/XX/2025.<br>Buyer Comment (2025-05-14): Please find attached signed CD 04/XX.<br>Reviewer Comment (2025-05-09): XXXX received CD dated 04/XX/2025 without receipt. Please provide documentation if the CD was received 3 days prior to consummation or earlier for review.<br>Buyer Comment (2025-05-08): Please find attached closing disclosure dated 4/XX<br>Reviewer Comment (2025-05-06): XXXX received 4-XX-25 CD. CD matches to the Final CD issued 4-XX-25 and was signed on 4-XX-25 the same day as consummation and reflects APR of 8.548%. The APR changed over .125% from the prior 4-XX-25 CD with APR of 7.908%. The 4-XX-25 Final CD was not provided at least 3 business days prior to consummation and timing was not met.<br>Buyer Comment (2025-05-05): Please find attached Closing Disclosure. | 5/XX/2025 4:37:35 AM |  |  | 1 C A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | TRID timing exception, no remediation available. C B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney Review Fee. Fee Amount of $650.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (75181) |  |  |  |  | Reviewer Comment (2025-04-30): Sufficient Cure Provided At Closing |  | 4/XX/2025 5:57:46 AM |  | 1 A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $35.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75206) |  |  |  |  | Reviewer Comment (2025-04-30): Sufficient Cure Provided At Closing |  | 4/XX/2025 5:57:46 AM |  | 1 A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7562) |  |  |  |  | Reviewer Comment (2025-04-30): Sufficient Cure Provided At Closing |  | 4/XX/2025 5:57:46 AM |  | 1 A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,390.00 exceeds tolerance of $3,384.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) |  |  |  |  | Reviewer Comment (2025-04-30): Sufficient Cure Provided At Closing |  | 4/XX/2025 5:57:46 AM |  | 1 A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $4,783.00 exceeds tolerance of $3,900.50 plus 10% or $4,290.55. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (2025-04-30): Sufficient Cure Provided At Closing |  | 4/XX/2025 12:28:39 PM |  | 1 A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $4,783.00 exceeds tolerance of $3,479.00 plus 10% or $3,826.90. Insufficient or no cure was provided to the borrower. (0) | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $4,783.00 exceeds tolerance of $3,479.00 plus 10% or $3,826.90. Insufficient or no cure was provided to the borrower. (0) |  |  |  | Reviewer Comment (2025-05-27): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (2025-05-23): Please find attached Chek with LOE. Thank You!<br>Reviewer Comment (2025-05-20): XXXX: On Initial LE dated 02/XX section E disclosed in the amount of $3,259, which includes Recording Fee $37 and Transfer taxes $3,222 and the Transfer taxes are subject to 0% tolerance and recording fees only calculated under 10% tolerance. in this case on Initial LE Title lender insurance fee disclosed of $3,442 and recording fee of $37. The Total of 10% Tolerance fee on LE is $3,479 + 10% ($347.9) = $3,826.9. Whereas Final CD disclosed as "Title - CPL fee $50, Examination fee $250, Lender's Title insurance fee $3,578.50, GA residential fee $10, Closing /Escrow fee $650, Courier fee $150, Electronic delivery fee $9.50, Wire fee $35 and recording fee $50 on Final CD total of 10% Tolerance is $4,783. Lender cure $778.90 was provided on Final CD we need additional cure for $177.20 along with Post close CD, LOE and Copy of check.<br>Buyer Comment (2025-05-16): As per the initial Loan Estimate (LE) dated 02/XX, the fees in Section E are $3,259, with a 10% tolerance. According to the Final Closing Disclosure (CD) dated 04/XX, the total fees in Section E are $3,450. There are no fees listed in Section C on the Final CD. Based on our calculation, the fees have not increased more than the allowed 10% from the initial LE to the Final CD. The 10% tolerance on the initial $3,259 allows for an increase of up to $325.90, making the maximum allowable amount $3,584.90. Since the fees in the Final CD are only $3,450, they are within the allowable tolerance.<br>Reviewer Comment (2025-05-16): XXXX received rebuttal and COC dated 04/XX for transfer tax. Overall Cure required is $956.10 from which $778.90 provided at closing and additional require cure is $177.2 is required for 10% tolerance. Please provide additional cure with cure documents which consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Buyer Comment (2025-05-15): Please can you review the COC attached to 4/XX COC and look into the Transfer taxes exception.<br>Reviewer Comment (2025-05-08): XXXX Transfer tax increase on CD dated 04/XX to $XX from $XX and COC dated 04/XX is not acceptable as there is more than 3 days of gap between CD 04/XX and COC 04/XX. Overall Cure required is $962.10 from which $778.90 provided at closing and additional require cure is $183.20 ($6 transfer tax and $177.20 for title fees). Cure Consists of PCCD, LOE, Refund Check and Proof of Mailing.<br>Buyer Comment (2025-05-07): Please find attached COC for Loan Amount Increases which impact the Transfer Tax. loan amount increased and the Transfer Tax increases were re-disclosed with the Loan Amount Increases, resulting in no cure due.<br>Reviewer Comment (2025-05-06): XXXX received rebuttal that cure was provided at closing, but the cure provided at closing is $778.90 and total cure required for 10% tolerance is $956.10 the provided cure is not sufficient to cover both Transfer tax and 10% cure. Please provide cure docs for remaining cure of $183.20.<br>Buyer Comment (2025-05-05): We have a lender credit of $778.90 on page 2 of the Final CD, provided to cure the exceeded tolerance limit. |  | 5/XX/2025 3:28:40 AM |  | 2 C B | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Exempt from ATR | Exempt from ATR | No |
| 224082245 | XXX | XXX |  | XXX | XXX | 5/XX/2025 6:01:03 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,390.00 exceeds tolerance of $3,384.00. Insufficient or no cure was provided to the borrower. (8304) | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,390.00 exceeds tolerance of $3,384.00. Insufficient or no cure was provided to the borrower. (8304) |  |  |  | Reviewer Comment (2025-05-06): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Buyer Comment (2025-05-05): We have a lender credit of $778.90 on page 2 of the Final CD, provided to cure the exceeded tolerance limit. | 5/XX/2025 4:57:59 AM |  |  | 1 C A | 4/XX/2025 | GA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Exempt from ATR | Exempt from ATR | No |
| 224082253 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:11:28 PM | Compliance | TRID | Document Error | TRID | Loan Estimate: Dates are not in chronological order. | Date Issued: 04/XX/2025 Issue Date: 04/XX/2025; Received Date: 03/XX/2025; Signed Date: | Loan estimate provided on 4/XX/2025 and signed on 3/XX/2025. |  |  |  | Reviewer Comment (2025-06-23): Client elects to waive.<br>Buyer Comment (2025-06-18): Requesting you to Waive this Exception<br>Reviewer Comment (2025-06-17): Graded EV2-B<br>Buyer Comment (2025-06-15): We accept EV 2 , Request you to Waive the exception<br>Reviewer Comment (2025-06-13): 4-XX-25 LE reflects a Date issued of 4-XX-25 but was signed on a earlier date on 3-XX-25. Exception is valid<br>Buyer Comment (2025-06-12): Please Waive this condition |  |  | 6/XX/2025 7:59:30 AM | 2 B | 5/XX/2025 | CA | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082253 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:11:28 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on 05/XX/2025 are underdisclosed. (Final/XX/19/2025) | Non-Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on 05/XX/2025 are under disclosed |  |  |  | Reviewer Comment (2025-06-23): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Buyer Comment (2025-06-23): PFA LOE<br>Reviewer Comment (2025-06-23): XXXX received corrected Closing disclosure. However, the LOE to borrower was not located in trailing documents. Please provide LOE to borrower to complete remediation.<br>Buyer Comment (2025-06-20): PFA PC-CD as requested<br>Reviewer Comment (2025-06-19): XXXX received PCCD and LOE but the PCCD provided is incorrectly updated. Total escrowed cost as per file is XX but page #1 of CD shows the amount as $XX instead of $XX ($XX(escrowed) + $XX(non-escrowed)). Also, section G shows the Insurance amount of $XX is included under escrowed cost while as per previous confirmation this is a non-escrowed cost. Please provide corrected PCCD to show correct escrow and non-escrow cost on page# 1, #2 and #4 to cure this exception.<br>Buyer Comment (2025-06-18): LOE<br>Buyer Comment (2025-06-18): PFA PC-CD and LOE as requested<br>Reviewer Comment (2025-06-17): XXXX received rebuttal and supporting document to verify non escrow cost of $XX, however we require corrected PCCD and LOE updating non escrowed property costs over year 1 on page 4 of CD. Please provide corrected PCCD and LOE.<br>Buyer Comment (2025-06-16): PFA CA XXin that page no 1 you will find bill amount of XX, which is XX per month<br>Reviewer Comment (2025-06-16): XXXX received rebuttal comment and we agree with the same but the final CD shows Estimated Taxes, insurance & Assessments on page #1 as $XX while on same page under payment calculations estimated escrow amount shows $XX.17. As per file the estimated escrow amount is $XX.17. Please provide corrected PCCD and LOE or the document to support extra $XX which is not included in escrows.<br>Buyer Comment (2025-06-12): There is NO HOA, for the subject loan, property type SFR |  | 6/XX/2025 7:42:42 AM |  | 2 C B | 5/XX/2025 | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Exempt from ATR | Exempt from ATR | No |
| 224082253 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:11:28 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception request to leave a charged off account open that is over 24 months old and over $2500<br> Comparable Factors:<br> 1. FICO 40+ points over the minimum required score for the LTV requested.<br> 2. Residual income over $10,000<br> 3. DTI more than 10 % below the max allowed. | Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $22,855.94<br>Guidelines Representative FICO: 680<br> Representative FICO: 722<br>Reserves: 14.79<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (2025-06-10): Waived with compensating factors per lender exception approval at origination. |  |  | 6/XX/2025 9:52:14 AM | 2 B | 5/XX/2025 | CA | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082254 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:11:28 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Coverage Amount is insufficient. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-07-18): Waived with compensating factors per lender previous commentary.<br>Reviewer Comment (2025-07-18): Client waived without compensating factors. reopening.<br>Buyer Comment (2025-07-11): Please waive. Per Agent - no claims have been filed.<br>Reviewer Comment (2025-07-10): Most recent document provided is for a different property. Provide current insurance for the subject property.<br>Buyer Comment (2025-07-08): Please find current policy PRIOR to closing with sufficient coverage. Thank you.<br>Reviewer Comment (2025-07-07): Provide a current policy dated prior to or at date closing with sufficient coverage.<br>Buyer Comment (2025-07-02): This new policy (starting in June) had to be completely re-written because the coverage was not sufficient. The prior policy we had in the file had the original date starting prior to the closing date and they can't back date it prior to closing due to the home being covered under a different policy. Please advise how we rectify this because the new policy was not in affect at that time, it was the original policy without sufficient coverage.<br>Reviewer Comment (2025-06-26): Policy document provided has an effective date of 06/XX/2025 which is after the Note date.<br>Buyer Comment (2025-06-24): See attached policy w 100% XX |  |  | 7/XX/2025 11:45:08 AM | 2 C B | 5/XX/2025 | FL | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224082254 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:11:28 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide supporting document to verify that the CPA is duly certified. |  |  |  | Reviewer Comment (2025-06-16): Clear<br>Buyer Comment (2025-06-12): IRS Tax Professional PTIN uploaded. | 6/XX/2025 8:43:40 AM |  |  | 1 C A | 5/XX/2025 | FL | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Guideline requires verification of employment to be completed within 20 business days of note date for self-employed borrowers. CPA letter provided is dated 05/XX/2025 which is more than 20 business days old. |  |  |  | Reviewer Comment (2025-07-28): clear<br>Buyer Comment (2025-07-24): Please find CPA & Third-party search attached. Thank you.<br>Reviewer Comment (2025-07-22): A printout of a web page is not third party verification of self-employment. A CPA letter or verification from the SOS website will be required for review of this condition.<br>Buyer Comment (2025-07-18): Please find attached website for Borrowers business dated 6/XX/2025.<br>Reviewer Comment (2025-07-09): Document provided as a for self employment verification does not meet guideline requirments. This requires something from a disinterested 3rd party confirming the business existence. A written VOE does not meet the requirments.<br>Buyer Comment (2025-07-07): Please find VVOE attached. | 7/XX/2025 8:29:53 PM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Tax Liens / Balance: XXXX | Final 1003 reflects 2023 and 2024 open taxes of $XX not paid at closing and there is no indication of IRS payment plan, or indication that tax lien is not in the county of subject property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. |  | XXXX | Reviewer Comment (2025-09-02): Cleared with updated tax cert showing the 2023 & 2024 taxes are paid in full. Final title provided and taxes have been updated.<br>Reviewer Comment (2025-09-02): Information updated and exception can now be cleared.<br>Reviewer Comment (2025-07-31): Waived with compensating factors per lender direction.<br>Buyer Comment (2025-07-30): Borrower has excellent ratios of 4% & 5%. With good credit and landlord/property manager history & experience. Thank you.<br>Buyer Comment (2025-07-30): Please clear & or waive due to the following compensating factors: The 1003 is an invalid source of past due tax verification. Since the Credit report, Fraud report, Title prelim, and Property profiles do not indicate outstanding / unpaid taxes, we do not require a repayment plan. This is an invalid finding without something more substantial to support unpaid taxes.<br>Reviewer Comment (2025-07-28): The final 1003 signed by borrower indicates there are open federal taxes. Evidence of no taxes due will be required for review of this condition.<br>Buyer Comment (2025-07-25): PLEASE note the following: The 1003 provided by the borrower is not a true indication of unpaid taxes. There is no indication of said open taxes on Credit, Title, Property profiles, or Fraud. Since there is no indication of outstanding liens, we do not require proof of a payment plan. Thank you.<br>Reviewer Comment (2025-07-22): The final 1003 signed by borrower indicates there are open federal taxes. Evidence of no taxes due will be required for review of this condition.<br>Buyer Comment (2025-07-18): Please find attached confirmation NO liens. Thank you.<br>Buyer Comment (2025-07-18): Clear OFAC. Thank you. | 9/XX/2025 5:49:16 PM |  |  | 1 B A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXX | Fraud Report is missing. |  |  |  | Reviewer Comment (2025-07-22): Received<br>Buyer Comment (2025-07-18): Please find clear final fraud attached w/clear ofac. Thank you.<br>Reviewer Comment (2025-07-09): Provide Fraud Report with OFAC for all parties included..<br>Buyer Comment (2025-07-07): See final fraud guard attached. Thank you.<br>Buyer Comment (2025-07-07): Final clear fraud guard. | 7/XX/2025 12:22:38 PM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Missing Document | General | Missing Document | Missing Document: Rider - Acknowledgment and Waiver of Borrower's Rights not provided |  | The Georgia Acknowledgment and Waiver of Borrower's Rights disclosing the date of notary signature is missing. |  |  |  | Reviewer Comment (2025-07-09): clear<br>Buyer Comment (2025-07-07): We do not include riders because we already include the relevant terms within the security instrument, or we have the terms changed and replace rather than using a rider to edit boilerplate language which leaves ambiguity and interpretation in the courts in a dispute. | 7/XX/2025 8:33:09 AM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide a signed and dated final HUD-1. |  |  |  | Reviewer Comment (2025-07-09): Cleared.<br>Buyer Comment (2025-07-07): Final HUD-1 attached. Thank you. | 7/XX/2025 8:57:35 AM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082260 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower:XXX Third Party Verification |  |  |  |  | Reviewer Comment (2025-07-28): clear<br>Buyer Comment (2025-07-25): Please see CPA letter attached. Thank you so much.<br>Reviewer Comment (2025-07-22): A printout of a web page is not third party verification of self-employment. A CPA letter or verification from the SOS website will be required for review of this condition.<br>Buyer Comment (2025-07-18): Please find website/third party look-up date 6/XX/25.<br>Reviewer Comment (2025-07-09): Document provided as a for self employment verification does not meet guideline requirments. This requires something from a disinterested 3rd party confirming the business existence. A written VOE does not meet the requirments.<br>Buyer Comment (2025-07-07): Please find VVOE attached. | 7/XX/2025 8:29:42 PM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The gift letter provided was not dated. |  |  |  | Reviewer Comment (2025-07-11): Dated gift letter received in trailing docs.<br>Buyer Comment (2025-07-09): gift letter | 7/XX/2025 1:02:05 PM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | The gift letter is undated. |  |  |  | Reviewer Comment (2025-07-11): Dated gift letter received in trailing docs.<br>Buyer Comment (2025-07-09): see attached gift letter | 7/XX/2025 1:02:11 PM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. | Borrower is short reserves due to inability to use funds from gift proceeds. |  |  |  | Reviewer Comment (2025-07-11): Dated gift letter received in trailing docs.<br>Buyer Comment (2025-07-09): see attached gift letter | 7/XX/2025 1:02:16 PM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The file is missing Verification of employment within 10 days of the Note. |  |  |  | Reviewer Comment (2025-07-25): clear<br>Buyer Comment (2025-07-23): Please find verbal VVOE attached. Thank you. | 7/XX/2025 7:36:18 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | Borrower: XXX// Employment Type: Employment / Income Type: Wages / Start Date: 07/XX/2016 | The file is missing Verification of employment within 10 days of the Note. |  |  |  | Reviewer Comment (2025-07-25): clear<br>Buyer Comment (2025-07-23): Please find verbal VVOE attached. Thank you. | 7/XX/2025 7:36:03 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XX is less than Cash From Borrower $XX |  |  |  |  | Reviewer Comment (2025-07-11): Dated gift letter received in trailing docs.<br>Buyer Comment (2025-07-09): see attached gift letter | 7/XX/2025 1:02:25 PM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082278 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:55:13 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-07-11): Received cleared alerts summary.<br>Buyer Comment (2025-07-09): Fraud | 7/XX/2025 1:03:28 PM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082312 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.65358% exceeds Guideline total debt ratio of 50.00000%. | The DTI exceeds the guideline maximum due to the lender used 1.25% of the purchase price to calculate the property taxes; however, the file contains the tax certificate that verifies the tax rate is actually higher at 2.408444%. In addition, the debt monitoring/soft credit pull reflects an additional revolving account with a payment of $25 per month that was not included. |  |  |  | Reviewer Comment (2025-07-25): clear<br>Buyer Comment (2025-07-22): Please see the attached email and tax document from the title company showing the tax rate at 1.160378. They are unaware of where the tax search calculation came from. Also, per underwriting, the $25 was included in the calculation. | 7/XX/2025 6:31:40 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A | N/A | N/A | No |
| 224082312 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The DTI exceeds the guideline maximum due to the lender used 1.25% of the purchase price to calculate the property taxes; however, the file contains the tax certificate that verifies the tax rate is actually higher at 2.408444%. In addition, the debt monitoring/soft credit pull reflects an additional revolving account with a payment of $25 per month that was not included. |  |  |  | Reviewer Comment (2025-07-25): clear<br>Buyer Comment (2025-07-22): See comments and documentation uploaded for exception XX. | 7/XX/2025 6:31:49 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A | N/A | N/A | No |
| 224082314 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:48:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file approving a single entity owning more than 30% (50.79) and investor ownership exceeded 60% (84.03%). | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $28,218.78<br>Reserves: 39.08<br> Guideline Requirement: 3.00<br>DTI: 26.62253% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (2025-07-21): Waived with compensating factors per lender exception approval at origination. |  |  | 7/XX/2025 5:21:11 PM | 2 B | 7/XX/2025 | NV | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224082314 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:48:10 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide a final HUD/Closing Statement that is signed by the borrower or stamped true and certified by settlement agent. Copy provided in file is an estimate. |  |  |  | Reviewer Comment (2025-07-29): clear<br>Buyer Comment (2025-07-25): Please see attached Final SS | 7/XX/2025 8:24:40 AM |  |  | 1 C A | 7/XX/2025 | NV | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224082324 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Agencies Disclosure Not in File | XXXX - No evidence of required counseling disclosure language per XXXX. |  |  |  |  | Reviewer Comment (2025-07-29): clear<br>Buyer Comment (2025-07-25): PFA | 7/XX/2025 7:08:24 AM |  |  | 1 B A | 7/XX/2025 | MD | Primary | Refinance - Cash-out - Other | B A | Exempt from ATR | Exempt from ATR | No |
| 224082346 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:43:14 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception Request for a Borrower who rents from a Private Party and is unable to full verify the last 12-months of rent paid.<br> Compensating factors: DSCR of 1.15 or higher, No late payments on credit un 24 plus months. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 714 | XXXX | Reviewer Comment (2025-06-05): Waived with compensating factors per lender exception approval at origination. |  |  | 6/XX/2025 11:35:52 AM | 2 B | 5/XX/2025 | TX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224082346 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:43:14 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | OFAC is missing for the borrowing entity. |  |  |  | Reviewer Comment (2025-06-11): clear<br>Buyer Comment (2025-06-09): ofac search | 6/XX/2025 7:02:14 AM |  |  | 1 C A | 5/XX/2025 | TX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224082381 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:19:23 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | The File Contains an Estimated closing statement only. The Final Executed HUD is Required. |  |  |  | Reviewer Comment (2025-06-20): Received final closing statement<br>Buyer Comment (2025-06-18): final | 6/XX/2025 5:33:31 PM |  |  | 1 C A | 6/XX/2025 | WA | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082399 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:46:58 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  |  |  |  |  | Reviewer Comment (2025-07-02): clear<br>Buyer Comment (2025-07-02): See attached HUD1 | 7/XX/2025 1:35:42 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224082403 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:17:03 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The file is missing the signed final HUD-1. Copy in file is an estimate. |  |  |  | Reviewer Comment (2025-06-23): clear<br>Buyer Comment (2025-06-20): Final | 6/XX/2025 6:38:38 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224082404 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:17:03 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Please provide a Certificate of Good Standing within the last 12 months. |  |  |  | Reviewer Comment (2025-07-08): clear<br>Buyer Comment (2025-07-03): Please accept in place of the Cert of Good Standing. Thank you. | 7/XX/2025 8:59:43 AM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082404 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:17:03 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-07-08): clear<br>Buyer Comment (2025-07-03): Please see attached clear final fraud guard. Thank you. | 7/XX/2025 8:59:50 AM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082415 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:23:10 PM | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Judgments / Balance: XX, Credit Report: Original // Public Record Type: Judgments / Balance: XX, Credit Report: Original // Public Record Type: Tax Liens / Balance: XX, Credit Report: Original // Public Record Type: Tax Liens / Balance: XX, Credit Report: Original // Public Record Type: Tax Liens / Balance: XX | All judgments and liens must be paid in full prior to or at closing. |  |  |  | Reviewer Comment (2025-07-02): Cleared with affidavit.<br>Buyer Comment (2025-06-30): Affidavits<br>Buyer Comment (2025-06-30): Final title was provided due to the judgements did not belong to the Borrower due to same name. A Same name Affidavit was signed<br>Reviewer Comment (2025-06-25): Final title is unable to be used to clear this condition. Guidelines do not state that liens/judgments not on title may remain open. They state all liens and judgments are required to be paid at or prior to consummation. This is an EV2 that client can elect to waive.<br>Buyer Comment (2025-06-23): Final | 7/XX/2025 7:42:02 AM |  |  | 1 B A | 6/XX/2025 | NY | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224082415 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:23:10 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing verification of rent for primary residence. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 1.67<br> Guideline Requirement: 1.00<br>Loan to Value: 47.81955%<br> Guideline Maximum Loan to Value: 65.00000%<br>Guidelines Representative FICO: 620<br> Representative FICO: 737 | XXXX | Reviewer Comment (2025-08-07): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-08-05): exception |  |  | 8/XX/2025 7:35:06 AM | 2 C B D | 6/XX/2025 | NY | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224082472 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:42:25 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower is currently living rent free with someone other than a spouse. This does not meet the guidelines. |  |  |  | Reviewer Comment (2025-07-07): clear<br>Reviewer Comment (2025-07-07): Cleared with UW comment/LOX per lenders credit memo.<br>Buyer Comment (2025-07-02): 07/02-Please see attached LOE from UW | 7/XX/2025 5:33:28 PM |  |  | 1 C A D | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224082493 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  | Provide all pages of the Bylaws form the borrowing entity, including the signature page. |  |  |  | Reviewer Comment (2025-08-05): Cleared with signed bylaws.<br>Buyer Comment (2025-08-01): signed By-laws<br>Reviewer Comment (2025-07-28): Resubmit with all pages.<br>Buyer Comment (2025-07-24): My apologies - this is missing the signature page. I am working on getting that final page for you. THANK YOU<br>Buyer Comment (2025-07-24): Attached are Bylaws- these were in the original upload of file. Please confirm and remove this cond. Thank you. | 8/XX/2025 8:23:07 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224082495 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. |  | Flood insurance coverage is insufficient. Require verification of policy with sufficient coverage. |  |  |  | Reviewer Comment (2025-08-04): Increased flood coverage provided in trailing docs<br>Buyer Comment (2025-07-31): Please see attached updated Flood Insurance with coverage of $250,000 | 8/XX/2025 8:03:39 PM |  |  | 1 C A | 7/XX/2025 | NC | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224082677 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The notary signature disclosed March, 2025 as the commission expiration year. Please provide an updated document. |  |  |  | Reviewer Comment (2025-07-17): Recorded affidavit, correcting dates, received in trailing docs.<br>Buyer Comment (2025-07-16): affadavit | 7/XX/2025 5:26:45 PM |  |  | 1 C A | 6/XX/2025 | FL | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224082688 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:35:27 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-567.00 exceeds tolerance of $-2,250.00. Insufficient or no cure was provided to the borrower. (9300) | Final Lender Credit of $XXexceeds tolerance of $-2,250.00. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2025-07-08): XXXX received chnaged circumstance dated 06/XX and supporting rate lock confirmation was already present in the loan file for the lender fee buyout.<br>Buyer Comment (2025-07-03): 07/03-Please see the attached. The lock was updated on 06/XX | 7/XX/2025 12:48:48 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Exempt from ATR | Exempt from ATR | No |
| 224082691 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:29:45 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-06-30): clear<br>Buyer Comment (2025-06-26): Fraud | 6/XX/2025 7:26:32 AM |  |  | 1 C A | 6/XX/2025 | NC | Investment | Purchase | C A | Exempt from ATR | N/A | No |
| 224082705 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide evidence that the CPA has no affiliation with the borrower or the business. | Borrower has verified disposable income of at least $2500.00.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $7,354.82<br>DTI: 31.35587% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 754 | XXXX | Reviewer Comment (2025-08-05): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-01): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-07-30): CPA letter does not confirm no affiliation between them and the borrower/borrower business.<br>Buyer Comment (2025-07-28): cpa email |  |  | 8/XX/2025 8:39:43 AM | 2 C B | 6/XX/2025 | FL | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082705 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX Third Party Verification | The file is missing the verification of employment within (20) business days prior to Note date. | Borrower has verified disposable income of at least $2500.00.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $7,354.82<br>DTI: 31.35587% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 754 | XXXX | Reviewer Comment (2025-08-05): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-01): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-07-30): Cannot be cleared with post closing document.<br>Buyer Comment (2025-07-28): updated CPA letter |  |  | 8/XX/2025 8:42:46 AM | 2 C B | 6/XX/2025 | FL | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082705 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The file is missing the verification of employment within (20) business days prior to Note date. | Borrower has verified disposable income of at least $2500.00.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $7,354.82<br>DTI: 31.35587% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 754 | XXXX | Reviewer Comment (2025-08-05): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-01): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-07-30): Cannot be cleared with post closing document.<br>Buyer Comment (2025-07-28): see attached cpa letter |  |  | 8/XX/2025 8:43:27 AM | 2 C B | 6/XX/2025 | FL | Primary | Purchase | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082707 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  |  |  |  |  | Reviewer Comment (2025-07-16): Received<br>Buyer Comment (2025-07-12): 07/12-Please see attached Deed | 7/XX/2025 9:08:55 AM |  |  | 1 D A | 6/XX/2025 | CA | Investment | Purchase | D A | Exempt from ATR | N/A | No |
| 224082707 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing verification of tax preparers PTIN though an active website. |  |  |  | Reviewer Comment (2025-07-10): clear<br>Buyer Comment (2025-07-08): CTEC | 7/XX/2025 8:34:06 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | D A | Exempt from ATR | N/A | No |
| 224082707 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:50:08 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The title settlement statement provided is an estimate. Provide a fully executed final settlement statement. |  |  |  | Reviewer Comment (2025-07-16): Received final closing statement<br>Buyer Comment (2025-07-12): 07/12-Please see attached XX<br>Buyer Comment (2025-07-12): 07/12-Please see attached Deed | 7/XX/2025 9:15:46 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | D A | Exempt from ATR | N/A | No |
| 224082740 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:18:48 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX | There are red flags on the fraud report that have not been addressed. |  |  |  | Reviewer Comment (2025-07-10): clear<br>Buyer Comment (2025-07-08): D0160 was provided; please waive<br>Buyer Comment (2025-07-08): Fraud Summary | 7/XX/2025 10:07:29 AM |  |  | 1 C A | 6/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224082740 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:18:48 PM | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.82656% or Final Disclosure APR of 8.85600% is equal to or greater than the threshold of APOR 6.87% + 1.5%, or 8.37000%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of 8.82656% or Final Disclosure APR of 8.85600% is equal to or greater than the threshold of APOR 6.87% + 1.5%, or 8.37000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2025-07-10): Clear | 7/XX/2025 9:57:09 AM |  |  | 1 C A | 6/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224082740 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:18:48 PM | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XX/12/2025) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (2025-07-10): Clear<br>Buyer Comment (2025-07-10): 07/10-Please see attached Audit History for appraisal delivery | 7/XX/2025 9:57:09 AM |  |  | 1 C A | 6/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224082740 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:18:48 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 51.51790% exceeds Guideline total debt ratio of 50.00000%. | DTI exceeds guideline debt ratio due to updated undisclosed debts |  |  |  | Reviewer Comment (2025-07-10): Duplicate tradelines added which put DTI over the maximum. Duplicate tradeline has been excluded per credit report and Undisclosed Debt Verification document. DTI now within gudelines.<br>Buyer Comment (2025-07-09): email explaining DTI<br>Buyer Comment (2025-07-09): Borrower only has three accounts with XX. See attached email. | 7/XX/2025 10:07:18 AM |  |  | 1 C A | 6/XX/2025 | FL | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224082751 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing VVOE for borrowers primary employment dated within 10 calendar days of the Noted date. |  |  |  | Reviewer Comment (2025-08-06): Cleared with VVOE.<br>Buyer Comment (2025-08-04): Please find final VVOE for Borrowers primary employment. Thank you. | 8/XX/2025 11:35:48 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082751 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | Borrower: XX // Employment Type: Employment / Income Type: Wages / Start Date: 09/XX/2017 | Missing VVOE for borrowers primary employment dated within 10 calendar days of the Noted date. |  |  |  | Reviewer Comment (2025-08-06): Cleared with VVOE | 8/XX/2025 11:36:02 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224082753 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  |  | Reviewer Comment (2025-07-31): clear | 7/XX/2025 7:53:41 AM |  |  | 1 A | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082753 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX(2024) | Initial XX is required to be signed by the borrower on the application date as per the guideline requirement. |  |  |  | Reviewer Comment (2025-07-31): clear<br>Buyer Comment (2025-07-30):XX | 7/XX/2025 7:53:50 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082753 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XX, CA Insurance Verification, Tax Verification | Insurance and taxes information for REO is missing. |  |  |  | Reviewer Comment (2025-07-31): clear<br>Buyer Comment (2025-07-30): mtg statement<br>Buyer Comment (2025-07-30): Tax and Ins escrowed | 7/XX/2025 7:54:03 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082753 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-07-31): clear<br>Buyer Comment (2025-07-29): 07/29-Please see attached Title | 7/XX/2025 7:51:56 AM |  |  | 1 B A | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224082753 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | For the investment property, provide evidence of rental income payments for the most recent 2 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Documentation Type: 1yr Full Doc<br> Disposable Income: $5,087.63<br>Loan to Value: 49.44785%<br> Guideline Maximum Loan to Value: 70.00000% | XXXX | Reviewer Comment (2025-08-04): Waived with compensating factors per lender exception approval at origination.<br>Buyer Comment (2025-07-31): per exception only june rent payment was required<br>Reviewer Comment (2025-07-31): 2 months rent receipt required. June 2025 received. Need additional month.<br>Buyer Comment (2025-07-30): June payment<br>Buyer Comment (2025-07-30): exception |  |  | 8/XX/2025 7:59:45 PM | 2 C B | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224310648 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal |  |  |  |  |  | Reviewer Comment (2025-07-16): Received updated appraisal with same effective date.<br>Buyer Comment (2025-07-14): Appraisal with effective date of 05/XX/2025 to align with the desk review. | 7/XX/2025 8:11:58 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| 224310648 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. |  |  |  |  | Reviewer Comment (2025-07-21): 5/XX/2025 LE with right to receive appraisal verbiage included, received in trailing documents.<br>Buyer Comment (2025-07-17): LE Dated 5/XX/2025 with Right to Receive Appraisal verbiage.<br>Reviewer Comment (2025-07-16): Loan file does not contain a 5/XX/2025 LE. Only LE provided in file is dated 5/XX/2025.<br>Buyer Comment (2025-07-14): Page 3 of the Loan Estimate issued and signed on 05/XX/2025 contains notice to the borrower their right to receive a copy of the appraisal report. | 7/XX/2025 9:20:13 AM |  |  | 1 B A | 6/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| 224310648 | XXX | XXX |  | XXX | XXX | 6/XX/2025 5:59:15 PM | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  |  | Reviewer Comment (2025-07-16): clear<br>Buyer Comment (2025-07-14): Page 3 of the Loan Estimate issued and signed on 05/XX/2025 contains notice to the borrower their right to receive a copy of the appraisal report.<br>Buyer Comment (2025-07-14): Credit Score disclosure | 7/XX/2025 8:03:48 PM |  |  | 1 B A | 6/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| 224310648 | XXX | XXX |  | XXX | XXX | 7/XX/2025 8:11:47 PM | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XX/28/2025) | Missing evidence of updated appraisal report received in trailing documents, with a report date of 5/XX/2025. |  |  |  | Reviewer Comment (2025-07-23): Appraisal acknowledgment received.<br>Buyer Comment (2025-07-21): Appraisal Acknowledgement dated 006/XX/2025 | 7/XX/2025 8:40:34 AM |  |  | 1 A | 6/XX/2025 | CA | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| 224310652 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX | There are red flags on the fraud report that have not been addressed. |  |  |  | Reviewer Comment (2025-07-18): Alerts summary received with all red flags addressed.<br>Buyer Comment (2025-07-16): fraud | 7/XX/2025 9:49:00 AM |  |  | 1 C A | 6/XX/2025 | CA | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224310658 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 92.58292% exceeds Guideline total debt ratio of 50.00000%. | Underwriter has considered 100% ownership for both the borrowers, while calculating the qualifying the income but calculated the income as per document. |  |  |  | Reviewer Comment (2025-09-02): Total Officer's/Owners' compensation listed on P&L used in income calculations.<br>Reviewer Comment (2025-08-20): There is not a LOX in file for the income only the UW Worksheet. This cannot be used for changing or updating the income.<br>Buyer Comment (2025-08-18): Please find explanation using "total officers/owners comp of P&L of XXXX. Thank you.<br>Reviewer Comment (2025-08-07): Unable to verify any additional income. Provide details of what additional income was provided.<br>Buyer Comment (2025-08-06): Please see attached as per guidelines P&L is not required to be from a CPA. Thank you.<br>Reviewer Comment (2025-07-28): The P&L must come from the CPA.<br>Buyer Comment (2025-07-24): Please find additional income & response from management. Thanks so much.<br>Reviewer Comment (2025-07-22): Net profit on P&L statement provided is $60,989.50 / 12 months = $5,082.46 per month / 50% ownership =$2,541.23 per borrower. Per 1008 and 1003s, Lender gave each borrower $5,082.46 per month in income, instead of 50% to each borrower, resulting in DTI that exceeds guidelines.<br>Buyer Comment (2025-07-20): XXXX would you PLEASE be so kind to explain exactly what you are looking for here. Borrowers own 50/50 of the XXXX. Please advise. Thanks so much! | 9/XX/2025 9:03:39 AM |  |  | 1 C A | 6/XX/2025 | PA | Primary | Refinance - Cash-out - Other | C A | Exempt from ATR | Exempt from ATR | No |
| 224310662 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:16:36 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | CPA to confirm that they have no association/affiliation with the borrowers and/or the borrowers business. |  |  |  | Reviewer Comment (2025-08-20): cleared with cpa letter<br>Buyer Comment (2025-08-18): CPA letter. Thank you. | 8/XX/2025 10:30:43 AM |  |  | 1 C A | 7/XX/2025 | TX | Primary | Purchase | C A | Exempt from ATR | Exempt from ATR | No |
| 224310662 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:16:36 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $995.00 exceeds tolerance of $850.00. Insufficient or no cure was provided to the borrower. (7506) | The COC provided does not verify who requested the rush for the appraisal. Evidence of who requested the rush will require further review upon receipt. |  |  |  | Reviewer Comment (2025-08-07): XXXX received a valid COC.<br>Buyer Comment (2025-08-06): original COE was XX and they were trying to make this closing date so rush fee for appraisal<br>Reviewer Comment (2025-08-04): XXXX received rebuttal and COC dated 06/XX/2025, however we require additional information on why the rush was requested. Please provide additional sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br>Buyer Comment (2025-07-31): Invoice was uploaded on XX and appears it was discovered when the COC was uploaded on XX and redisclosed on 06.XX.<br>Reviewer Comment (2025-07-28): XXXX received COC dated 06/26 for increase in fee due to rush but the reason provided is not sufficient. Please provide additional information and documentation to support a valid changed circumstance to add the RUSH appraisal fee to the appraisal total. Invalid increases due to addition of appraisal rush fees was addressed on page 20 of the CXXt found here: XX. If there is a valid changed circumstance such as new information not previously known to the creditor for the increase in appraisal fee, please provide documentation to support and when creditor became aware of new information. When was it determined that appraisal would need rushed and why. Otherwise, cure is required for both the increase in appraisal fee due to appraisal rush fee. Cure documents includes Corrected CD, LOE to borrower, copy of cure refund and proof of mailing.<br>Buyer Comment (2025-07-24): please see COC form attached | 8/XX/2025 6:50:36 AM |  |  | 1 C A | 7/XX/2025 | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Exempt from ATR | Exempt from ATR | No |
| 224310665 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:07:27 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  |  |  |  |  | Reviewer Comment (2025-08-11): Cleared with XX<br>Buyer Comment (2025-08-07): XX | 8/XX/2025 8:40:35 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A | Exempt from ATR | N/A | No |
| 224310669 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:06:24 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan is in the name of a business entity and the file is missing the required Operating Agreement. |  |  |  | Reviewer Comment (2025-08-21): Cleared with entity docs.<br>Buyer Comment (2025-08-19): PFA | 8/XX/2025 10:24:36 AM |  |  | 1 C A D | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | D B A | Exempt from ATR | N/A | No |
| 224310669 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:06:24 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | The lender used taxes of $600 per month for the subject property to qualify the loan; however, the file does not contain any documentation to verify the taxes. |  |  |  | Reviewer Comment (2025-08-21): cleared with tax cert.<br>Buyer Comment (2025-08-19): PFA | 8/XX/2025 10:27:17 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | D B A | Exempt from ATR | N/A | No |
| 224310669 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:06:24 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The guidelines require third party documentation to verify the borrower's business within 20 business days of the note date. The file contains a CPA letter; however, it is older than 20 days. The file also contains an Entity Search; however, it is not dated; therefore, cannot determine if it is within the required 20 business days. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $416,690.24<br>Reserves: 40.64<br> Guideline Requirement: 6.00<br>DTI: 5.93647% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 750 | XXXX | Reviewer Comment (2025-08-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-27): Please waive.<br>Reviewer Comment (2025-08-26): Need a dated document to clear the exception.<br>Buyer Comment (2025-08-22): The XXXX Search document does not display a print date, as it is not provided by the website itself. Please Claer it.<br>Reviewer Comment (2025-08-21): Document provided is not dated within 20 business days of the Note date.<br>Buyer Comment (2025-08-19): Please see attached business entity |  |  | 8/XX/2025 10:44:55 AM | 2 C B | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | D B A | Exempt from ATR | N/A | No |
| 224310669 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:06:24 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: MXXThird Party Verification | The guidelines require third party documentation to verify the borrower's business within 20 business days of the note date. The file contains a CPA letter; however, it is older than 20 days. The file also contains an Entity Search; however, it is not dated; therefore, cannot determine if it is within the required 20 business days. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $416,690.24<br>Reserves: 40.64<br> Guideline Requirement: 6.00<br>DTI: 5.93647% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 750 | XXXX | Reviewer Comment (2025-08-29): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-27): Please waive.<br>Reviewer Comment (2025-08-26): A dated document is required to clear the exception.<br>Buyer Comment (2025-08-22): The XXXX Search document does not display a print date, as it is not provided by the website itself. Please Claer it.<br>Reviewer Comment (2025-08-21): Document provided is not dated within 20 business days of the Note date.<br>Buyer Comment (2025-08-19): PFA |  |  | 8/XX/2025 10:44:10 AM | 2 C B | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | D B A | Exempt from ATR | N/A | No |
| 224310674 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:37:54 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Lender approved exception for LTV 80% exceeds guideline loan to value percentage of 75.00000%. Comp factor DSCR >1.15, Over 4 months additional reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Over 43 months reserves vs the minimum of 2<br> DSCR is 1.16 vs the minimum of 1.00 | XXXX | Reviewer Comment (2025-06-10): Client elects to down grade and waive using compensating factors<br> Over 43 months reserves vs the minimum of 2<br> DSCR is 1.16 vs the minimum of 1.00 |  |  | 6/XX/2025 5:59:44 PM | 2 B | 6/XX/2025 | AL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310674 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:37:54 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Missing Articles of Organization for XX LLC. |  |  |  | Reviewer Comment (2025-07-16): Received<br>Buyer Comment (2025-07-13): Operating agreement<br>Buyer Comment (2025-07-13): Articles of Org.<br>Reviewer Comment (2025-07-02): Need the documents for XXXX.<br>Buyer Comment (2025-07-01): Please find attached EIN confirmation & formation. PLEASE NOTE: LLC. less than 12mths. No cert of good standing available. Please clear. Thanks | 7/XX/2025 10:11:15 AM |  |  | 1 C A | 6/XX/2025 | AL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310674 | XXX | XXX |  | XXX | XXX | 6/XX/2025 6:37:54 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Missing Certificate of Good Standing for XX LLC. |  |  |  | Reviewer Comment (2025-07-16): Received<br>Buyer Comment (2025-07-13): Please find cert of good standing for XX LLC. Thank you.<br>Reviewer Comment (2025-07-02): Need the documents for XX LLC.<br>Buyer Comment (2025-07-01): Please see attached.<br>Buyer Comment (2025-07-01): No cert of good standing available. Please clear. Thanks | 7/XX/2025 10:12:48 AM |  |  | 1 C A | 6/XX/2025 | AL | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310683 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:56:33 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Provide OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-09-30): Fraud report with OFAC.<br>Buyer Comment (2025-09-26): Please find clear OFAC attached. Thank you. | 9/XX/2025 11:23:38 AM |  |  | 1 C A | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224310683 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:56:33 PM | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided |  | Provide alternative credit verifying either 2 tradelines reporting for 12 months or 1 tradeline reporting for 24 months. If using 12 months of bank statement, provide the account number and specify what is being used for the actual tradelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 386.12<br> Guideline Requirement: 2.00 | XXXX | Reviewer Comment (2025-10-08): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-10-07): Please see exception attached. Thank you.<br>Reviewer Comment (2025-10-01): The letter is in the file but it does not satisfy the guidelines. See below. The letter appears to be for a checking or savings account and not a credit account.<br>Each letter must verify a payment amount, outstanding balance and status of account including a minimum 12-month payment history.<br>Buyer Comment (2025-09-30): This is a Foreign National DSCR transaction, and the borrower does not have a U.S. Social Security Number. As per guidelines, tradelines are not required in this scenario. The borrower provided a Credit Reference Letter from XX , which satisfies the credit documentation requirement for a borrower without a U.S. credit profile. |  |  | 10/XX/2025 11:58:11 AM | 2 C B | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224310683 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:56:33 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Credit documents are required for each individual that signs the Guaranty agreement. For the second Guarantor, provide a 1003 and credit report if applicable. |  |  |  | Reviewer Comment (2025-09-30): Cleared with updated Guaranty showing the spouse signed the spouse consent section only.<br>Buyer Comment (2025-09-26): Please find attached an updated Guarantee. | 9/XX/2025 11:21:30 AM |  |  | 1 C A | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224310683 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:56:33 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXX | Fraud report with OFAC required for all Guarantors. |  |  |  | Reviewer Comment (2025-09-30): Cleared with updated Guaranty showing the spouse signed the spouse consent section only. | 9/XX/2025 11:22:17 AM |  |  | 1 C A | 6/XX/2025 | TX | Investment | Purchase | C B A |  | N/A | No |
| 224310684 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report Date: 06/XX/2025 | Appraisal was made "Subject to" and Form 1004D/442 is Missing in loan file. |  |  |  | Reviewer Comment (2025-09-30): 442<br>Buyer Comment (2025-09-30): 1004D | 9/XX/2025 6:48:58 PM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Purchase | D A C |  | N/A | No |
| 224310684 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD/CD is Missing. |  |  |  | Reviewer Comment (2025-08-15): cleared<br>Buyer Comment (2025-08-13): Final SS<br>Buyer Comment (2025-08-13): Final CD | 8/XX/2025 7:36:24 PM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Purchase | D A C |  | N/A | No |
| 224310684 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide a 12 month rental payment history for the primary residence. Must meet guideline requirements. |  |  |  | Reviewer Comment (2025-08-04): Received<br>Buyer Comment (2025-07-31): VOR<br>Reviewer Comment (2025-07-29): Document provided does not reflect 12 month pay history, as required by guidelines. Please provide VOR with full 12 month history. The document only states rent is paid timely.<br>Reviewer Comment (2025-07-18): Document provided does not reflect 12 month pay history, as required by guidelines. Please provide VOR with full 12 month history. The document only states rent is paid timely.<br>Buyer Comment (2025-07-16): VOR | 8/XX/2025 6:51:22 AM |  |  | 1 C A D | 6/XX/2025 | NY | Investment | Purchase | D A C |  | N/A | No |
| 224310684 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XX | Borrower is a first time investor and has no prior housing history. |  |  |  | Reviewer Comment (2025-08-04): Received 12 month housing history<br>Reviewer Comment (2025-07-29): Document provided does not reflect 12 month pay history, as required by guidelines. Please provide VOR with full 12 month history. The document only states rent is paid timely.<br>Reviewer Comment (2025-07-18): Condition to be re-reviewed when complete VOR received.<br>Buyer Comment (2025-07-16): •First Time Investors eligible subject to the following restrictions:<br> •Min credit score: 680 \| No housing late payments during the past 12 month<br> Borrower meets restrictions. | 8/XX/2025 6:51:59 AM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Purchase | D A C |  | N/A | No |
| 224310684 | XXX | XXX |  | XXX | XXX | 9/XX/2025 6:50:46 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.54 is less than Guideline PITIA months reserves of 2.00. |  |  |  |  | Reviewer Comment (2025-10-01): Insurance POC.<br>Reviewer Comment (2025-10-01): Already included with the assets.<br>Buyer Comment (2025-10-01): Ins was paid by credit card | 10/XX/2025 12:24:22 PM |  |  | 1 A | 6/XX/2025 | NY | Investment | Purchase | D A C |  | N/A | No |
| 224310686 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Estimated provided |  |  |  | Reviewer Comment (2025-07-31): cleared with HUID.<br>Buyer Comment (2025-07-29): Final SS | 7/XX/2025 12:13:00 PM |  |  | 1 D A | 6/XX/2025 | CA | Investment | Purchase | D A |  | N/A | No |
| 224310686 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 2.00. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 2.00. |  |  |  | Reviewer Comment (2025-07-31): Cleared with updated assets and HUD.<br>Buyer Comment (2025-07-29): see attached updated #XX statement | 7/XX/2025 12:12:47 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | D A |  | N/A | No |
| 224310686 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XX is less than Cash From Borrower $XX. |  |  |  |  | Reviewer Comment (2025-07-31): Cleared with updated assets and HUD.<br>Buyer Comment (2025-07-29): #XX | 7/XX/2025 12:09:47 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | D A |  | N/A | No |
| 224310686 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent free with someone other than a spouse. |  |  |  | Reviewer Comment (2025-08-11): Pre credit memo, cleared with UW comment on 1008.<br>Buyer Comment (2025-08-07): 1008 | 8/XX/2025 10:04:17 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | D A |  | N/A | No |
| 224310687 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  |  | Reviewer Comment (2025-07-31): Cleared with final title. | 7/XX/2025 11:08:59 AM |  |  | 1 A | 6/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310687 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Tax Liens / Balance: XX | All judgments and liens must be paid in full prior to or at closing. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 27.57<br> Guideline Requirement: 2.00 | XXXX | Reviewer Comment (2025-10-01): Waived with compensating factors per lender exception approval<br>Buyer Comment (2025-10-01): exception<br>Reviewer Comment (2025-07-31): The tax liens have nothing to do with title. They are reporting on the Fraud Report. Need verification that they have been satisfied and released.<br>Buyer Comment (2025-07-30): Please see attached FTP |  |  | 10/XX/2025 5:25:48 PM | 2 B | 6/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310687 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:14 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide legible UW Income worksheet. |  |  |  | Reviewer Comment (2025-07-31): Cleared with updated income worksheet.<br>Buyer Comment (2025-07-29): income worksheet | 7/XX/2025 11:11:34 AM |  |  | 1 C A | 6/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing in the file. |  |  |  | Reviewer Comment (2025-07-31): Cleared with Fraud report.<br>Buyer Comment (2025-07-29): Fraud | 7/XX/2025 11:35:04 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided |  | Fraud Report is missing in the file. |  |  |  | Reviewer Comment (2025-07-31): Cleared with Fraud report.<br>Buyer Comment (2025-07-29): see attached Fraud | 7/XX/2025 11:34:57 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD or Closing Statement is missing in the file. |  |  |  | Reviewer Comment (2025-08-08): cleared with final HUD.<br>Buyer Comment (2025-08-06): final SS | 8/XX/2025 7:41:26 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Missing asset depletion worksheet causing DSCR guideline requirements not being met. |  |  |  | Reviewer Comment (2025-08-08): cleared with UW Income WS.<br>Buyer Comment (2025-08-07): DSCR calc | 8/XX/2025 7:44:09 PM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Missing OFAC for business entity. |  |  |  | Reviewer Comment (2025-07-31): Cleared with Fraud report.<br>Buyer Comment (2025-07-29): see attached fraud | 7/XX/2025 11:35:17 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310688 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:08:13 PM | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-07-31): Cleared with Fraud report.<br>Buyer Comment (2025-07-29): see attached Fraud | 7/XX/2025 11:35:26 AM |  |  | 1 C A | 6/XX/2025 | CA | Investment | Purchase | C A |  | N/A | No |
| 224310689 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:48:10 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization/Formation for XX , LLC and XX, LLC is missing in file. |  |  |  | Reviewer Comment (2025-07-31): Received articles for both entities.<br>Buyer Comment (2025-07-30): XX article of organization<br>Buyer Comment (2025-07-30): XX Article of organization | 7/XX/2025 5:55:32 PM |  |  | 1 C A | 7/XX/2025 | NC | Investment | Purchase | C B A |  | N/A | No |
| 224310689 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:48:10 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing for XX is missing in file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 58.00<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 772 | XXXX | Reviewer Comment (2025-08-12): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-08): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-07-31): COGS provided is dated 7/XX/2025, which is after Note date of 7/XX/2025. Lender can request to waive if they are accepting post-consummation document.<br>Buyer Comment (2025-07-30): COGS |  |  | 8/XX/2025 7:44:19 AM | 2 C B | 7/XX/2025 | NC | Investment | Purchase | C B A |  | N/A | No |
| 224310690 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | File is missing the warranty deed transferring ownership to the business entity. |  |  |  | Reviewer Comment (2025-07-31): Cleared.<br>Buyer Comment (2025-07-29): Deed | 7/XX/2025 11:43:41 AM |  |  | 1 D A | 6/XX/2025 | NC | Investment | Purchase | D B A |  | N/A | No |
| 224310690 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XX is less than Cash From Borrower $XX. | Business funds cannot be used due to borrower not having at least 25% ownership in XX LLC. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 775 | XXXX | Reviewer Comment (2025-09-26): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-26): exception<br>Buyer Comment (2025-09-25): reserves<br>Buyer Comment (2025-09-25): joint access letter<br>Buyer Comment (2025-09-25): XX <br>Buyer Comment (2025-09-25): bank statement<br>Buyer Comment (2025-09-25): exception<br>Reviewer Comment (2025-08-15): account info is blacked out.<br>Buyer Comment (2025-08-13):XX |  |  | 9/XX/2025 12:20:47 PM | 2 C B | 6/XX/2025 | NC | Investment | Purchase | D B A |  | N/A | No |
| 224310690 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:09:13 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 2.00. | File is missing verification of reserves. Business funds cannot be used due to borrower not having at least 25% ownership in XX LLC. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700<br> Representative FICO: 775 | XXXX | Reviewer Comment (2025-09-26): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-25): see attached docs<br>Reviewer Comment (2025-08-15): Account info is blacked out.<br>Buyer Comment (2025-08-13): see attached docs |  |  | 9/XX/2025 12:20:26 PM | 2 C B | 6/XX/2025 | NC | Investment | Purchase | D B A |  | N/A | No |
| 224310698 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:16:36 PM | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report Date: 06/XX/2025 | Borrower to provide a letter of explanation for recent listing of the subject property. |  |  |  | Reviewer Comment (2025-08-25): Cleared with processor cert.<br>Buyer Comment (2025-08-21): processor cert<br>Reviewer Comment (2025-07-31): Loan application reflects a date of 6/XX/2025 and all initial disclosures were signed by borrower on 6/XX/2025. Listing was not cancelled until 6/XX/2025 per appraisal. Borrower to provide LOE per credit memo.<br>Buyer Comment (2025-07-30): credit memo<br>Buyer Comment (2025-07-30): listing was cancelled on 06/XX/25 and application date was 06/XX/25. LOE is not required. | 8/XX/2025 10:19:43 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224310704 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:24:53 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent-free since 10/2024 with someone other than spouse (brother). |  |  |  | Reviewer Comment (2025-08-18): cleared with UW discretion.<br>Buyer Comment (2025-08-14): Underwriter discretion addressing the borrower rent free status. | 8/XX/2025 6:02:12 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224310709 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Coverage Amount is insufficient by XX. |  |  |  | Reviewer Comment (2025-08-26): Cleared. Received all 5 pages from same date of 07/XX/2025.<br>Reviewer Comment (2025-08-26): There are 2 complete RCE documents in the file and both are dated after closing. One is dated 08/XX/2025 and the other is dated 07/XX/2025. If there's a 3rd RCE, provide with all pages.<br>Buyer Comment (2025-08-22): doc is dated 07/XX/25. It is not post-dated<br>Reviewer Comment (2025-08-22): Document showing the RC as $XX is dated post closing.<br>Buyer Comment (2025-08-20): RCE is reporting $XX<br>Reviewer Comment (2025-08-20): The coverage amount is $XX and XX reflects cost to build as $XX0. Coverage is insufficient by $XX<br>Buyer Comment (2025-08-18): RCE dated 07/XX/25<br>Reviewer Comment (2025-08-12): Cannot use post closing documents to clear the exception.<br>Buyer Comment (2025-08-08): current RCE<br>Reviewer Comment (2025-08-07): Cost to rebuild exceeds coverage amount.<br>Buyer Comment (2025-08-05): revised RCE<br>Buyer Comment (2025-08-05): RCE | 8/XX/2025 2:42:49 PM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224310715 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:51:57 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. |  | The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. |  |  |  | Reviewer Comment (2025-08-08): Cleared with NOO Dec.<br>Buyer Comment (2025-08-06): Non-Owner | 8/XX/2025 9:05:39 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Purchase | C A |  | N/A | No |
| 224310721 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:51:57 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. |  | The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. |  |  |  | Reviewer Comment (2025-08-13): cleared with NOO cert.<br>Buyer Comment (2025-08-12): PFA<br>Buyer Comment (2025-08-11): Please review D141<br>Reviewer Comment (2025-08-08): There is no 0414 and document in question is not completed with an address in section 4a.<br>Buyer Comment (2025-08-06): Please review final D0414 it contains all the information. | 8/XX/2025 7:18:26 AM |  |  | 1 C A | 7/XX/2025 | AZ | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224310729 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:07:27 PM | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. |  | Flood Insurance amount is insufficient and coverage shortfall of $XX |  |  |  | Reviewer Comment (2025-10-08): Flood insurance policies totaling $XXin coverage.<br>Reviewer Comment (2025-10-08): Property is in a Flood zone. Sufficient insurance is required.<br>Buyer Comment (2025-10-06): force placed insurance<br>Reviewer Comment (2025-09-05): Flood coverage is $XX which is insufficient.<br>Buyer Comment (2025-09-04): Please see attached HOI. The dwelling is $XX. The loan amount is $XX | 10/XX/2025 1:50:21 PM |  |  | 1 C A | 7/XX/2025 | NJ | Investment | Purchase | C A |  | N/A | No |
| 224310738 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:01:36 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Copy provided is an estimated copy. |  |  |  | Reviewer Comment (2025-08-13): Received final SS<br>Buyer Comment (2025-08-11): Final SS | 8/XX/2025 8:59:32 PM |  |  | 1 D A | 7/XX/2025 | AZ | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| 224310740 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:06:24 PM | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.62 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Due to missing asset utilization income worksheet. |  |  |  | Reviewer Comment (2025-08-28): Cleared with asset utilization.<br>Reviewer Comment (2025-08-28): Verified 3 months of statements for each account being used. DSCR is now at 1.00.<br>Buyer Comment (2025-08-26): Please find asset util form. Thank you. | 8/XX/2025 10:42:20 AM |  |  | 1 C A | 7/XX/2025 | MO | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224310741 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:57:52 PM | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD/CD is missing in file. |  |  |  | Reviewer Comment (2025-08-25): cleared with final HUD.<br>Buyer Comment (2025-08-21): Final SS | 8/XX/2025 10:05:53 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224463608 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:06:27 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX (2023), XX(2023), P&L Statement |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly mortgage payment has decreased by at least 20%. | Guidelines Representative FICO: 660<br> Representative FICO: 767<br>Prior Housing Expense: $3,928.79<br> Proposed Housing Expense: $2,948.57 | XXXX | Reviewer Comment (2025-09-24): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-24): exception<br>Reviewer Comment (2025-08-26): What's needed to clear this is 1. Evidence of 2 years receipt of the income. 2.. 2023 XXX. 4. P&L's to be signed by borrower.<br>Reviewer Comment (2025-08-26): Provide copies of the 2023 1120's. Must be signed by the borrower. The P&L's provided are required to be signed by the borrower. This is due to it appears the w-2 income is coming from the XX. See page 63 of the guidelines.<br>Buyer Comment (2025-08-22): 2025 P&L<br>Buyer Comment (2025-08-22): 2024 P&L<br>Buyer Comment (2025-08-22): 2023 K1 |  |  | 9/XX/2025 5:29:29 PM | 2 C B | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 224463608 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:06:27 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | OFAC for business entity is missing from the file. |  |  |  | Reviewer Comment (2025-08-15): cleared with fraud report<br>Buyer Comment (2025-08-13): Fraud | 8/XX/2025 7:00:42 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 224463608 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:06:27 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The file is missing the notary signature page. |  |  |  | Reviewer Comment (2025-08-15): cleared<br>Buyer Comment (2025-08-14): notary page | 8/XX/2025 6:59:13 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 224463608 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:06:27 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approving the lease being used when 2 months of receipt are not verified. | Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Prior Housing Expense: $3,928.79<br> Proposed Housing Expense: $2,948.57<br>Reserves: 52.85<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 767 | XXXX | Reviewer Comment (2025-08-06): Waived with compensating factors per lender exception approval at origination. |  |  | 8/XX/2025 5:37:51 PM | 2 B | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 224463608 | XXX | XXX |  | XXX | XXX | 9/XX/2025 5:33:03 PM | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XX // Employment Type: Employment / Income Type: XX(>= 25%) / Start Date: 11/XX/2021 // Document: P&L Statement / Document Date: / Tax Year: |  | Borrower's monthly mortgage payment has decreased by at least 20%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Prior Housing Expense: $3,928.79<br> Proposed Housing Expense: $2,948.57<br>Guidelines Representative FICO: 660<br> Representative FICO: 767 | XXXX | Reviewer Comment (2025-09-24): Not provided. Exception for missing income documents waived per lender exception. |  |  | 9/XX/2025 5:34:18 PM | 2 B | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C B A | Exempt from ATR | N/A | No |
| 224463609 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-6,650.00 exceeds tolerance of $-9,975.00. Insufficient or no cure was provided to the borrower. (9300) | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XX exceeds tolerance of $-9,975.00. |  |  |  | Reviewer Comment (2025-07-31): XXXX received CD and COC.<br>Buyer Comment (2025-07-30): You were missing a CD it appears. If you are in need of something else please clarify. Thank you. | 7/XX/2025 2:13:16 AM |  |  | 1 C A | 6/XX/2025 | CT | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Exempt from ATR | Exempt from ATR | No |
| 224463609 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address:XX, CT Insurance Verification<br> Insurance Verification |  | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $278,717.11<br>Reserves: 46.82<br> Guideline Requirement: 3.00<br>DTI: 8.77141% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 640<br> Representative FICO: 705 | XXXX | Reviewer Comment (2025-09-04): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-03): Please find exception attached. Thank you.<br>Reviewer Comment (2025-09-02): Debts from all REO is required to be addressed.<br>Buyer Comment (2025-08-28): Please see google search of both addresses and one property is a XXXX & the other is a XXXX Please clear. Thank you.<br>Reviewer Comment (2025-08-26): Provide document from borrower stating no insurance exist for this property or provide evidence of the yearly premium.<br>Buyer Comment (2025-08-22): XX is a commercial 12-unit property, so Broker didn't add it to the REO.<br>Buyer Comment (2025-08-22): Please see attached for the two CT properties. Thank you. |  |  | 9/XX/2025 7:49:36 AM | 2 C B | 6/XX/2025 | CT | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224463609 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing verification of insurance for the REO.. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $278,717.11<br>Reserves: 46.82<br> Guideline Requirement: 3.00<br>DTI: 8.77141% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 640<br> Representative FICO: 705 | XXXX | Reviewer Comment (2025-09-04): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-03): Please find exception attached. Thank you. |  |  | 9/XX/2025 7:57:47 AM | 2 C B | 6/XX/2025 | CT | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224463609 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence there is no affiliation between the CPA, borrower and borrowers business. |  |  |  | Reviewer Comment (2025-09-18): cleared with cpa letter.<br>Buyer Comment (2025-09-16): Please see attached dated CPA letter. Thanks so much.<br>Reviewer Comment (2025-09-04): Document is not dated.<br>Buyer Comment (2025-09-02): Please find updated CPA letter. Thank you.<br>Reviewer Comment (2025-09-02): Page 68 of the guidelines, under bank statement program states, the CPA must attest they have no affiliation top the borrower and/or business.<br>Buyer Comment (2025-08-28): XXXX PLEASE NOTE: confirmation of no affiliation from a tax professional/CPA is ONLY required on XX ONLY NOT the bank statement program as this loan is in. If you notice, there is no mention of an affiliation statement in the guidelines under the bank statement program at all. | 9/XX/2025 7:20:41 AM |  |  | 1 C A | 6/XX/2025 | CT | Primary | Refinance - Cash-out - Other | C B A | Exempt from ATR | Exempt from ATR | No |
| 224463610 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XX, Address: XX, Address: XX, Address: XX Statement<br> Statement<br> Statement<br> Statement | Mortgage statement not provided. |  |  |  | Reviewer Comment (2025-09-11): Per lender prior comments and adverse action letters uploaded, loans were not completed and properties are owned free and clear per fraud report in different entity name.<br>Buyer Comment (2025-09-11): Please find all (4) adverse actions notices for properties reflected. Thank you.<br>Reviewer Comment (2025-09-11): Please provide adverse action/withdrawal letters for these loans for review. This loan type calculates DTI so accurate PITI for each property is required to be verified.<br>Buyer Comment (2025-09-11): Hello XX. PLEASE CLEAR this condition as none of the property addresses above closed with XX and where all withdrawn. Thanks so much.<br>Buyer Comment (2025-09-11): Hi XX, <br>XX - XX – Loan withdrawn<br> XX – XX – Loan withdrawn<br> XX – 1XX – Loan withdrawn <br> XX – XX – Loan withdrawn<br>Thank you,<br>XX<br> Account Manager<br>XX<br> XX - Cell<br> XX - Office<br> XX<br> XX \| XX<br>My working hours are 9:00am to 6:00pm CST | 9/XX/2025 2:56:33 PM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224463610 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXVVOE - Employment Only | This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 17.90<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 743 | XXXX | Reviewer Comment (2025-09-12): Waived with compensating factors per lender approved post-consummation exception. |  |  | 9/XX/2025 7:40:09 AM | 2 C B | 6/XX/2025 | GA | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224463610 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 17.90<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 743 | XXXX | Reviewer Comment (2025-09-12): Waived with compensating factors per lender approved post-consummation exception.<br>Buyer Comment (2025-09-11): Exception attached for missing VVOE's 10 days prior to Note date. Thank you. |  |  | 9/XX/2025 7:39:09 AM | 2 C B | 6/XX/2025 | GA | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224463610 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 calendar days of the Note. | Borrower: XX // Employment Type: Employment / Income Type: Wages / Start Date: 03/XX/2020 |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reserves: 17.90<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 743 | XXXX | Reviewer Comment (2025-09-12): Waived with compensating factors per lender approved post-consummation exception.<br>Buyer Comment (2025-09-11): Please find exception attached. Thank you. |  |  | 9/XX/2025 7:39:25 AM | 2 C B | 6/XX/2025 | GA | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224463610 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 55.88903% exceeds Guideline total debt ratio of 50.00000%. | Due to new credit acquired. |  |  |  | Reviewer Comment (2025-09-11): Per lender commentary and adverse action letters received in trailing documents, the additional REOs were not refinanced and remain free and clear. Fraud report also reflects they are not in our borrowing entity name. | 9/XX/2025 2:58:33 PM |  |  | 1 C A | 6/XX/2025 | GA | Investment | Purchase | C B A | Exempt from ATR | N/A | No |
| 224463611 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:16:36 PM | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided) | Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. |  |  |  |  | Reviewer Comment (2025-08-19): Cure documentation received.<br>Buyer Comment (2025-08-15): Please see attached copy of check and letter. |  | 8/XX/2025 9:58:56 AM |  | 2 C B | 7/XX/2025 | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C B A | Exempt from ATR | Exempt from ATR | No |
| 224463612 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:09:39 PM | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XX, TX Insurance Verification, Statement, Tax Verification | Missing Insurance Verification, Statement, Tax Verification. |  |  |  | Reviewer Comment (2025-08-19): cleared with tax, ins and mtg stmt.<br>Buyer Comment (2025-08-15): tax<br>Buyer Comment (2025-08-15): Ins<br>Buyer Comment (2025-08-15): XXXX | 8/XX/2025 9:21:28 AM |  |  | 1 C A | 7/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A | Exempt from ATR | N/A | No |
| 224463612 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:09:39 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The file is missing the CPA letter or other Third Party Verification of Employment within 10 business days prior to Note date. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $696,494.21<br>Reserves: 10.43<br> Guideline Requirement: 3.00<br>DTI: 2.00992% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 778 | XXXX | Reviewer Comment (2025-08-22): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-20): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-08-19): Document is dated post closing.<br>Buyer Comment (2025-08-15): secretary of state search |  |  | 8/XX/2025 7:48:02 AM | 2 C B | 7/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A | Exempt from ATR | N/A | No |
| 224463612 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:09:39 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The file is missing the OFAC reports for XX, LLC and XX, LLC. |  |  |  | Reviewer Comment (2025-08-19): cleared with fraud report.<br>Buyer Comment (2025-08-15): fraud | 8/XX/2025 9:19:20 AM |  |  | 1 C A | 7/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A | Exempt from ATR | N/A | No |
| 224463612 | XXX | XXX |  | XXX | XXX | 8/XX/2025 8:09:39 PM | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXCPA Letter | The file is missing the CPA letter or other Third Party Verification of Employment within 10 business days prior to Note date. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: $696,494.21<br>Reserves: 10.43<br> Guideline Requirement: 3.00<br>DTI: 2.00992% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 778 | XXXX | Reviewer Comment (2025-08-22): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-20): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-08-19): Document is dated post closing.<br>Buyer Comment (2025-08-15): see attached secretary of state search |  |  | 8/XX/2025 7:47:01 AM | 2 C B | 7/XX/2025 | TX | Investment | Refinance - Rate/Term | C B A | Exempt from ATR | N/A | No |
| 224463614 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide a rental payment history for the 7 month prior to the purchase of the current primary home. |  |  |  | Reviewer Comment (2025-09-18): cleared with VOR.<br>Buyer Comment (2025-09-16): VOR<br>Buyer Comment (2025-09-16): please disregard exception; VOR was received after exception<br>Buyer Comment (2025-09-16): exception<br>Reviewer Comment (2025-07-14): The document provided is signed by an individual who is not named on the lease agreement. It also does not state a payment history, nor is it signed. Please provide a VOR from the property management company reflecting the prior history.<br>Buyer Comment (2025-07-10): VOR is not private. It was completed by property manager<br>Reviewer Comment (2025-07-09): Received lease and private VOR. Cancelled checks to support VOR will be required for review of this condition.<br>Buyer Comment (2025-07-07): lease<br>Buyer Comment (2025-07-07): VOR | 9/XX/2025 7:15:08 AM |  |  | 1 C A D | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224463614 | XXX | XXX |  | XXX | XXX | 6/XX/2025 7:22:10 PM | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: 04/XX/2025 | Provide the condo approval document. |  |  |  | Reviewer Comment (2025-06-30): clear<br>Buyer Comment (2025-06-26): Condo approval | 6/XX/2025 7:15:46 AM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| 224463615 | XXX | XXX |  | XXX | XXX | 7/XX/2025 5:56:33 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The 1003 reflects XX as the Guarantors primary residence on page 1 and the same address is listed as an investment property in the REO section of the same 1003. Provide a corrected 1003. |  |  |  | Reviewer Comment (2025-09-04): Corrected 1003 received in trailing documents.<br>Buyer Comment (2025-09-04): Please see the attached revised 1003<br>Reviewer Comment (2025-08-26): The corrected 1003 needs to be signed and evidence it was sent to borrower to be corrected and signed by the borrower is required.<br>Buyer Comment (2025-08-22): Please find corrected 1003 attached. Thank you.<br>Reviewer Comment (2025-07-30): A corrected 1003 will be required with correct housing information.<br>Buyer Comment (2025-07-28): Address explanation. Thank you.<br>Buyer Comment (2025-07-28): Please note XXXX: LOE was in the file explaining. UW simply missed the update in REO screen. Bank statements also confirm primary address is match to the 1003. | 9/XX/2025 5:29:21 PM |  |  | 1 C A | 6/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224463616 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization/Formation is missing. |  |  |  | Reviewer Comment (2025-09-15): cleared with Art of Org docs.<br>Buyer Comment (2025-09-11): Article of organization<br>Reviewer Comment (2025-07-18): Document provided is not articles of organization, nor does it contain the same information as articles of organization. Further, it is dated 7/XX/2025, which is after consummation date of 6/XX/2025.<br>Buyer Comment (2025-07-16): article of organization | 9/XX/2025 12:20:00 PM |  |  | 1 C A | 6/XX/2025 | WI | Investment | Purchase | C A |  | N/A | No |
| 224463616 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. |  | Provide OFAC for the borrowing entity. |  |  |  | Reviewer Comment (2025-07-18): Received OFAC<br>Buyer Comment (2025-07-16): see attached fraud<br>Buyer Comment (2025-07-16): Fraud | 7/XX/2025 9:02:35 AM |  |  | 1 C A | 6/XX/2025 | WI | Investment | Purchase | C A |  | N/A | No |
| 224463616 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:20:55 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXX |  |  |  |  | Reviewer Comment (2025-07-18): Received alerts summary with all red flags addressed/cleared<br>Buyer Comment (2025-07-16): fraud summary | 7/XX/2025 9:13:39 AM |  |  | 1 C A | 6/XX/2025 | WI | Investment | Purchase | C A |  | N/A | No |
| 224463617 | XXX | XXX |  | XXX | XXX | 7/XX/2025 6:02:16 PM | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower:XX |  |  |  |  | Reviewer Comment (2025-08-06): Cleared with alert summary.<br>Buyer Comment (2025-08-04): Please find clear final fraud guard. Thank you. | 8/XX/2025 10:33:32 AM |  |  | 1 C A | 6/XX/2025 | TX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224463617 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:58:27 AM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Evidence the Guarantor on the loan has signing authority from the other owner of the borrowing entity. There are 2 owners and only 1 is signing. |  |  |  | Reviewer Comment (2025-09-24): Borrower Certificate.<br>Reviewer Comment (2025-09-24): Provide the borrowers cert with both pages and both signatures.<br>Buyer Comment (2025-09-24): Please find attached all pages of the Borrowers cert.<br>Reviewer Comment (2025-09-22): Missing page 1 of the borrowers cert.<br>Buyer Comment (2025-09-18): Please see attached Borrower LLC Cert attached. Thank you.<br>Reviewer Comment (2025-08-26): Line 17 of the Operating Agreement for the borrowing entity (XXLC) states that all members and mangers must unanimously agree on all decisions made by the company. Please provide verification that 1 member has signing authority to bind the contract to purchase the subject property.<br>Buyer Comment (2025-08-22): Operating Agreement: Operating Agreement dated 5/XX/2022 and executed on 09/XX/2022 lists two member entities as 50/50 owners. XX LLC and XX LLC. Layered entities will require Management Approval. Certificate of Amendment filed on 8/XX/2022 shows the deletion of XXas a Managing Member and the addition of XX as a Managing Member. Operating Agreement for XX is dated 4/XX/2022, and it appointsXXas Manager of the Company. XXis listed as 100% owner. Operating Agreement for XXis dated 5/XX/2022, and it lists XXBorrower) as Manager of the Company. XX authority to sign for the entity is expressed in Section XX Management, XX Only the Managers and agents of the Company authorized by the Managers shall have the authority to bind the Company. Upon a unanimous vote, the Managers have the power, on behalf of the Company, to do the following things necessarily or convenient to cany out the business and affairs of the Company, including, without limitation The execution for and on behalf of the Company, of all instruments and documents, including, without limitation, checks; notes and other negotiable instruments; mortgages or deeds of trust – Unanimous consent provided by fully executed Borrowering Cert. | 9/XX/2025 11:49:30 AM |  |  | 1 A | 6/XX/2025 | TX | Investment | Refinance - Rate/Term | C A |  | N/A | No |
| 224463618 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:43:40 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  |  |  |  |  | Reviewer Comment (2025-09-09): Received<br>Buyer Comment (2025-09-05): Please find fully executed By-Laws attached. Thank you.<br>Reviewer Comment (2025-09-03): The complete bylaws are not signed.<br>Buyer Comment (2025-08-29): Please find all pages of by-laws attached. Thank you!<br>Reviewer Comment (2025-08-25): Provide all pages of the actual Bylaws with all amendments. These documents are required per guidelines.<br>Buyer Comment (2025-08-21): Please see shareholders agreement attached. Thank you. | 9/XX/2025 10:13:42 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224463619 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | The file is missing the Certificate of Good Standing for XX . | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.86<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 773 | XXXX | Reviewer Comment (2025-08-14): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-08-12): Please waive post closed dated cert of good standing. Thank you.<br>Reviewer Comment (2025-08-07): Must be dated prior to Note date.<br>Buyer Comment (2025-08-06): PFA |  |  | 8/XX/2025 7:18:04 AM | 2 C B | 7/XX/2025 | NC | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224463619 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The Articles of Organization for XX is missing from the file. |  |  |  | Reviewer Comment (2025-08-07): Cleared with Articles of Organization.<br>Buyer Comment (2025-08-06): PFA<br>Reviewer Comment (2025-08-04): Document at Doc ID XX and XX is the operating agreement. Condition is asking for the Articles of Organization.<br>Buyer Comment (2025-07-31): Please XX XX and XX it is already provided<br>Reviewer Comment (2025-07-30): Exception has been updated to reflect XX versus XX. Provide Articles of organization for XX, LLC.<br>Buyer Comment (2025-07-28): Please Re-check the entity name is XX | 8/XX/2025 9:40:40 AM |  |  | 1 C A D | 7/XX/2025 | NC | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224463619 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The file is missing the Employer Identification Number (EIN) for XX. |  |  |  | Reviewer Comment (2025-08-19): cleared with EIN.<br>Buyer Comment (2025-08-18): PFA as requested | 8/XX/2025 8:37:28 AM |  |  | 1 C A | 7/XX/2025 | NC | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224463619 | XXX | XXX |  | XXX | XXX | 7/XX/2025 7:03:32 PM | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Provide OFAC for the 2 borrowing business entities. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.86<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 773 | XXXX | Reviewer Comment (2025-08-19): Waived with compensating factors at clients request.<br>Buyer Comment (2025-08-15): Please Waive, thank you!<br>Reviewer Comment (2025-08-12): OFAC provided has no official date and the last update was completed on 08/XX/2025 which makes the document a post closing document which cannot be used.<br>Buyer Comment (2025-08-08): PFA<br>Reviewer Comment (2025-08-07): Date is required to verify when the OFAC search was performed.<br>Buyer Comment (2025-08-05): it is not required to clear as per guidelines to clear pre-consummation, please advise guidelines page number in that it is stating.<br>Reviewer Comment (2025-08-04): OFAC provided is not dated to determine it was obtained pre-consummation.<br>Buyer Comment (2025-07-31): PFA<br>Reviewer Comment (2025-07-30): XX is the Fraud Report which does not provide a cleared OFAC for neither entity.<br>Buyer Comment (2025-07-28): Please review XXX |  |  | 8/XX/2025 8:36:40 AM | 2 C B | 7/XX/2025 | NC | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| 224463620 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:24:53 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Unable to verify ownership percentage for XX, LLC. Please provide a copy of the Operating Agreement | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 39.01<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 747 | XXXX | Reviewer Comment (2025-09-22): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-18): exception<br>Reviewer Comment (2025-08-08): D109 does not provide the ownership breakdown. Per guidelines, to determine if the appropriate individuals signed the guarantor agreement, percent of ownership must be verified.<br>Buyer Comment (2025-08-06): D0109 is reporting the two members share 100 interest<br>Reviewer Comment (2025-08-06): EIN reflects a non borrower as the sole member. Provide evidence the Guarantor has ownership of the borrowing entity. Guidelines require a list of members/managers and ownership percentages.<br>Buyer Comment (2025-08-04): EIN Sole Member |  |  | 9/XX/2025 1:05:46 PM | 2 C B | 7/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224463620 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:24:53 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 39.01<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 747 | XXXX | Reviewer Comment (2025-09-22): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-18): see attached exception<br>Reviewer Comment (2025-08-14): Doc 0184 does not provide authority to as an agent of the borrowing entity.<br>Buyer Comment (2025-08-12): D0184 authorization<br>Reviewer Comment (2025-08-08): D109 does not grant signing authority to one person. If there are 2 members of the borrowing entity as indicated in previous comments, signing authority for our guarantor will be required.<br>Buyer Comment (2025-08-06): D0109 report they have 100 interest.<br>Reviewer Comment (2025-08-06): Provide evidence that he has full signing authority for the borrowing entity.<br>Buyer Comment (2025-08-04): corp resolution |  |  | 9/XX/2025 1:06:17 PM | 2 C B | 7/XX/2025 | AZ | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| 224463621 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing evidence of primary residence housing history. |  |  |  | Reviewer Comment (2025-08-22): Cleared with rent free letter and prop history report.<br>Buyer Comment (2025-08-20): Property profile<br>Buyer Comment (2025-08-20): uw cert | 8/XX/2025 8:29:51 AM |  |  | 1 C A D | 7/XX/2025 | MA | Investment | Purchase | D B A |  | N/A | No |
| 224463621 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Missing HO-6 policy, blanket hazard insurance policy provided does not contain unit interior coverage. |  | Missing HO6 policy for subject property. |  |  |  | Reviewer Comment (2025-08-07): Cleared with master policy verifying walls in coverage.<br>Buyer Comment (2025-08-05): Walls in coverage | 8/XX/2025 8:45:30 AM |  |  | 1 C A | 7/XX/2025 | MA | Investment | Purchase | D B A |  | N/A | No |
| 224463621 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Borrower is a first time investor with no verifiable housing history. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 559.71<br> Guideline Requirement: 2.00<br>Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 65.0000<br>Guidelines Representative FICO: 680<br> Representative FICO: 795 | XXXX | Reviewer Comment (2025-09-18): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-16): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-08-26): Borrower does not have a 12 month housing history.<br>Buyer Comment (2025-08-22): docs uploaded 08/XX/25 support investor experience |  |  | 9/XX/2025 7:34:06 AM | 2 C B | 7/XX/2025 | MA | Investment | Purchase | D B A |  | N/A | No |
| 224463621 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XX | Borrower is a first time homebuyer with no verifiable housing history. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 559.71<br> Guideline Requirement: 2.00<br>Loan to Value: 50.00000%<br> Guideline Maximum Loan to Value: 65.0000<br>Guidelines Representative FICO: 680<br> Representative FICO: 795 | XXXX | Reviewer Comment (2025-09-18): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-09-16): Lender accepts. Please waive with available compensating factors<br>Reviewer Comment (2025-08-27): Borrower is considered to e First Time Investor per the guidelines/Matrix since he has no verifiable housing pay history in the past 12 months. Provide something such as a credit memo stating the FTI with no verifiable housing history in past 12 months is allowed.<br>Reviewer Comment (2025-08-26): Borrower does not have a 12 month housing history.<br>Buyer Comment (2025-08-22): docs uploaded 08/XX/25 support investor experience |  |  | 9/XX/2025 7:34:56 AM | 2 C B | 7/XX/2025 | MA | Investment | Purchase | D B A |  | N/A | No |
| 224463622 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | Per title commitment provided, Schedule B, Part 1, Items 6 and 7 indicate there are liens on the subject property for water and sewer and code enforcement and file does not contain evidence these were paid/satisfied at or prior to closing. Please provide evidence of clear title. |  |  |  | Reviewer Comment (2025-09-04): Cleared, verbiage removed from final title.<br>Buyer Comment (2025-09-02): final Title | 9/XX/2025 11:34:26 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |
| 224463623 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Settlement statement in file is an estimate. Please provide final closing statement for subject transaction. |  |  |  | Reviewer Comment (2025-08-12): Cleared with final HUD.<br>Buyer Comment (2025-08-08): please see<br>Reviewer Comment (2025-08-08): Cannot use an estimated HUD/CS<br>Buyer Comment (2025-08-07): please see | 8/XX/2025 7:18:44 AM |  |  | 1 D A | 7/XX/2025 | CA | Investment | Purchase | D B A |  | N/A | No |
| 224463623 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XX | Borrower is FTHB with no verified housing history. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 40.21<br> Guideline Requirement: 2.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 801 | XXXX | Reviewer Comment (2025-09-02): Waived with compensating factors per lender exception approval.<br>Buyer Comment (2025-08-28): please see exception<br>Reviewer Comment (2025-08-14): Guideline require a 680 FICO and 12 month housing history.<br>Buyer Comment (2025-08-12): please see the guideline and attached rent free<br>Reviewer Comment (2025-08-12): FTHB is required to have a 12 month housing history.<br>Reviewer Comment (2025-08-08): Housing history is required.<br>Buyer Comment (2025-08-07): I reviewed this one and borrower is living rent free with spouse which meets housing history guidelines. Being a FTHB does not make borrower ineligible and housing history is met with rent free letter in file. Thanks |  |  | 9/XX/2025 10:47:58 AM | 2 C B | 7/XX/2025 | CA | Investment | Purchase | D B A |  | N/A | No |
| 224463623 | XXX | XXX |  | XXX | XXX | 8/XX/2025 5:17:32 PM | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (2025-08-08): cleared with supplement.<br>Buyer Comment (2025-08-06): please see verbiage, policy is issued as per loan amount, CA titles do not specifically mention ALTA coverage on title | 8/XX/2025 7:21:21 AM |  |  | 1 B A | 7/XX/2025 | CA | Investment | Purchase | D B A |  | N/A | No |
| 224463624 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:07:27 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | The Operating Agreement for XX is missing from the file. |  |  |  | Reviewer Comment (2025-08-11): cleared - Oper Agreement<br>Buyer Comment (2025-08-07): operating agreement | 8/XX/2025 7:33:08 AM |  |  | 1 C A | 7/XX/2025 | NC | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224463624 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:07:27 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The settlement statement provided is missing page 2, and is without borrower's signature. Please provide final signed/stamped settlement statement. |  |  |  | Reviewer Comment (2025-09-15): cleared with final SS.<br>Buyer Comment (2025-09-11): Final SS | 9/XX/2025 12:18:14 PM |  |  | 1 C A | 7/XX/2025 | NC | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224463625 | XXX | XXX |  | XXX | XXX | 8/XX/2025 6:07:27 PM | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | File is missing Certificate of Good Standing stated within 90 days prior to the Note date. |  |  |  | Reviewer Comment (2025-08-11): cleared with cogs.<br>Buyer Comment (2025-08-07): cogs | 8/XX/2025 7:38:41 AM |  |  | 1 C A | 7/XX/2025 | NY | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| 224463626 | XXX | XXX |  | XXX | XXX | 8/XX/2025 7:01:36 PM | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Section 3 of the final 1003 disclosed borrower's primary residence as an Investment property. Please provide an updated 1003 with the accurate information. |  |  |  | Reviewer Comment (2025-09-10): Updated 1003 received in trailing docs.<br>Buyer Comment (2025-09-08): email to Borrower<br>Reviewer Comment (2025-08-28): Provide verification that the 1003 was sent to the borrower to be sign.<br>Buyer Comment (2025-08-26): corrected 1003 | 9/XX/2025 6:54:06 AM |  |  | 1 C A | 7/XX/2025 | FL | Investment | Purchase | C A |  | N/A | No |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 3**

---

| |
|:---|
| ![](ex99-1sch3_001.jpg) |
| **Valuation Report** |
| **Run Date - 11/XX/2025 4:41:59 PM** |

---

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **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 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** |
| 223651206 | XXX | XXX |  | 4/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 3/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 2/XX/2025 | 2/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224065194 | XXX | XXX |  | 11/XX/2024 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 11/XX/2024 | 11/XX/2024 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.90 |
| 224065204 | XXX | XXX |  | 3/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 1.80 |
| 224065216 | XXX | XXX |  | 3/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 3/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 2.420% | 3/XX/2025 | 3/XX/2025 | Appraisal | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224065235 | XXX | XXX |  | 3/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 2/XX/2025 | 2/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224065240 | XXX | XXX |  | 3/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 3/XX/2025 | 2/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 224081997 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 5.00 |
| 224082005 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 224082006 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082009 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082012 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 3/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082016 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082021 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 224082023 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -5.880% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082035 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082040 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -9.860% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 224082043 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.60 |
| 224082048 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082050 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082054 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082055 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 3/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082060 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082061 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| 224082063 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.40 |
| 224082071 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.20 |
| 224082072 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082078 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 999.00 |
| 224082088 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.20 |
| 224082089 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.50 |
| 224082091 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082118 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082159 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082160 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 1.10 |
| 224082162 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082169 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082172 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082193 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.80 |
| 224082194 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 224082199 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082204 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.00 |
| 224082206 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 224082208 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082216 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| 224082217 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082222 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 7/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082223 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082225 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082230 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.50 |
| 224082231 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -7.690% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082232 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082234 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082245 | XXX | XXX |  | 4/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 1/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 1/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 4.40 |
| 224082253 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.60 |
| 224082254 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -3.310% | 4/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| 224082260 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 2/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082273 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082278 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.10 |
| 224082304 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082306 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082310 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082312 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| 224082314 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | 1.00 |
| 224082321 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.50 |
| 224082324 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082340 | XXX | XXX |  | 5/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -9.090% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 224082346 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.00 |
| 224082353 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082368 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082381 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 224082399 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 224082403 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 224082404 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.30 |
| 224082415 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082472 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082476 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082493 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082495 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082499 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082677 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.30 |
| 224082688 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082691 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082705 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224082707 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082740 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 224082751 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224082753 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.10 |
| 224310646 | XXX | XXX |  | 3/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 2/XX/2025 | 2/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 3.20 |
| 224310648 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | -5.840% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310652 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| 224310658 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| 224310662 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 224310665 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 2/XX/2025 | 2/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 2.070% | 6/XX/2025 | 6/XX/2025 | Appraisal | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310669 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310672 | XXX | XXX |  | 5/XX/2025 | XXX |  | XXX |  | $10000.00 | 1.220% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Appraisal | XXXX |  |  |  |  |  |  |  |  | XXX | XXX | -22.560% | XXXX High | 4/XX/2025 | 4/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310674 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310676 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 4/XX/2025 | Field Review | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310683 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 224310684 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 224310685 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310686 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310687 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310688 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310689 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310690 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310698 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310704 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 224310709 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310715 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310721 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310729 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| 224310736 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310737 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224310738 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224310740 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |
| 224310741 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463608 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.90 |
| 224463609 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463610 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 4/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.00 |
| 224463611 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.40 |
| 224463612 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463614 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463615 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 5/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 5/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463616 | XXX | XXX |  | 6/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463617 | XXX | XXX |  | 6/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463618 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 4.10 |
| 224463619 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 4/XX/2025 | 4/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 5/XX/2025 | 4/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463620 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463621 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.30 |
| 224463622 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 7/XX/2025 | 7/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463623 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 7/XX/2025 | 7/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463624 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 1.00 |
| 224463625 | XXX | XXX |  | 7/XX/2025 | XXX |  | XXX |  | $0.00 | 0.000% | XXX | 5/XX/2025 | 3/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 3/XX/2025 | Desk Review | XXXX |  | Low |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |
| 224463626 | XXX | XXX |  | 7/XX/2025 | XXX | XXX | XXX |  | $0.00 | 0.000% | XXX | 6/XX/2025 | 6/XX/2025 | Appraisal | XXX | XXX | XXX |  | XXX | XXX | 0.000% | 6/XX/2025 | 6/XX/2025 | Desk Review | XXXX |  | Moderate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | 2.60 |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 4**

---

| |
|:---|
| ![](ex99-1sch4_001.jpg) |
| **ASF Addendum - Business Purpose** |
| **Run Date - 11/XX/2025 4:42:02 PM** |

---

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Rental Purpose** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DTI Calculation** | **Calculated Monthly Debt** | **Property DTI** | **Investor DTI** | **Inverse DSCR** | **Net Operating Income** | **Total Debt Service** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Lease in Place Flag Unit 1** | **Lease Start Date Unit 1** | **Lease End Date Unit 1** | **Original Lease Term Unit 1** | **Rental Purpose Unit 1** | **Actual In Place Rent Unit 1** | **Third Party Market Rent Estimate Unit 1** | **Lease in Place Flag Unit 2** | **Lease Start Date Unit 2** | **Lease End Date Unit 2** | **Original Lease Term Unit 2** | **Rental Purpose Unit 2** | **Actual In Place Rent Unit 2** | **Third Party Market Rent Estimate Unit 2** | **Lease in Place Flag Unit 3** | **Lease Start Date Unit 3** | **Lease End Date Unit 3** | **Original Lease Term Unit 3** | **Rental Purpose Unit 3** | **Actual In Place Rent Unit 3** | **Third Party Market Rent Estimate Unit 3** | **Lease in Place Flag Unit 4** | **Lease Start Date Unit 4** | **Lease End Date Unit 4** | **Original Lease Term Unit 4** | **Rental Purpose Unit 4** | **Actual In Place Rent Unit 4** | **Third Party Market Rent Estimate Unit 4** | **Lease in Place Flag Unit 5** | **Lease Start Date Unit 5** | **Lease End Date Unit 5** | **Original Lease Term Unit 5** | **Rental Purpose Unit 5** | **Actual In Place Rent Unit 5** | **Third Party Market Rent Estimate Unit 5** | **Lease in Place Flag Unit 6** | **Lease Start Date Unit 6** | **Lease End Date Unit 6** | **Original Lease Term Unit 6** | **Rental Purpose Unit 6** | **Actual In Place Rent Unit 6** | **Third Party Market Rent Estimate Unit 6** | **Lease in Place Flag Unit 7** | **Lease Start Date Unit 7** | **Lease End Date Unit 7** | **Original Lease Term Unit 7** | **Rental Purpose Unit 7** | **Actual In Place Rent Unit 7** | **Third Party Market Rent Estimate Unit 7** | **Lease in Place Flag Unit 8** | **Lease Start Date Unit 8** | **Lease End Date Unit 8** | **Original Lease Term Unit 8** | **Rental Purpose Unit 8** | **Actual In Place Rent Unit 8** | **Third Party Market Rent Estimate Unit 8** | **Lease in Place Flag Unit 9** | **Lease Start Date Unit 9** | **Lease End Date Unit 9** | **Original Lease Term Unit 9** | **Rental Purpose Unit 9** | **Actual In Place Rent Unit 9** | **Third Party Market Rent Estimate Unit 9** | **Lease in Place Flag Unit 10** | **Lease Start Date Unit 10** | **Lease End Date Unit 10** | **Original Lease Term Unit 10** | **Rental Purpose Unit 10** | **Actual In Place Rent Unit 10** | **Third Party Market Rent Estimate Unit 10** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 Employment Status** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 1 Number of Mortgaged Properties** | **Borrower 1 Citizenship** | **Borrower 1 Documentation Used to Determine Legal Residency** | **Borrower 1 Country Name** | **Borrower 1 Asset Verification Level** | **Borrower 1 Credit Order Date** | **Borrower 1 Experian FICO** | **Borrower 1 Experian FICO Model Used** | **Borrower 1 Equifax FICO** | **Borrower 1 Equifax FICO Model Used** | **Borrower 1 TransUnion FICO** | **Borrower 1 TransUnion FICO Model Used** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 Employment Status** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 2 Number of Mortgaged Properties** | **Borrower 2 Citizenship** | **Borrower 2 Documentation Used to Determine Legal Residency** | **Borrower 2 Country Name** | **Borrower 2 Asset Verification Level** | **Borrower 2 Credit Order Date** | **Borrower 2 Experian FICO** | **Borrower 2 Experian FICO Model Used** | **Borrower 2 Equifax FICO** | **Borrower 2 Equifax FICO Model Used** | **Borrower 2 TransUnion FICO** | **Borrower 2 TransUnion FICO Model Used** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 3 Number of Mortgaged Properties** | **Borrower 3 Citizenship** | **Borrower 3 Documentation Used to Determine Legal Residency** | **Borrower 3 Country Name** | **Borrower 3 Asset Verification Level** | **Borrower 3 Credit Order Date** | **Borrower 3 Experian FICO** | **Borrower 3 Experian FICO Model Used** | **Borrower 3 Equifax FICO** | **Borrower 3 Equifax FICO Model Used** | **Borrower 3 TransUnion FICO** | **Borrower 3 TransUnion FICO Model Used** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Borrower 4 Number of Mortgaged Properties** | **Borrower 4 Citizenship** | **Borrower 4 Documentation Used to Determine Legal Residency** | **Borrower 4 Country Name** | **Borrower 4 Asset Verification Level** | **Borrower 4 Credit Order Date** | **Borrower 4 Experian FICO** | **Borrower 4 Experian FICO Model Used** | **Borrower 4 Equifax FICO** | **Borrower 4 Equifax FICO Model Used** | **Borrower 4 TransUnion FICO** | **Borrower 4 TransUnion FICO Model Used** | **Personal Guarantee** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Business Ownership Percent** | **Guarantor 1 Recourse Type** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Documentation Used to Determine Legal Residency** | **Guarantor 1 Country Name** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Employment Verification Level** | **Guarantor 1 Income Verification Level** | **Guarantor 1 FICO Model Used** | **Guarantor 1 Credit Order Date** | **Guarantor 1 Experian FICO** | **Guarantor 1 Experian FICO Model Used** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Equifax FICO Model Used** | **Guarantor 1 TransUnion FICO** | **Guarantor 1 TransUnion FICO Model Used** | **Guarantor 1 Most Recent Fico Method** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Business Ownership Percent** | **Guarantor 2 Recourse Type** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Documentation Used to Determine Legal Residency** | **Guarantor 2 Country Name** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Employment Verification Level** | **Guarantor 2 Income Verification Level** | **Guarantor 2 FICO Model Used** | **Guarantor 2 Credit Order Date** | **Guarantor 2 Experian FICO** | **Guarantor 2 Experian FICO Model Used** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Equifax FICO Model Used** | **Guarantor 2 TransUnion FICO** | **Guarantor 2 TransUnion FICO Model Used** | **Guarantor 2 Most Recent Fico Method** | **Guarantor 3 First Name** | **Guarantor 3 Last Name** | **Guarantor 3 Business Ownership Percent** | **Guarantor 3 Recourse Type** | **Guarantor 3 Number of Mortgaged Properties** | **Guarantor 3 Citizenship** | **Guarantor 3 Documentation Used to Determine Legal Residency** | **Guarantor 3 Country Name** | **Guarantor 3 Asset Verification Level** | **Guarantor 3 Employment Verification Level** | **Guarantor 3 Income Verification Level** | **Guarantor 3 FICO Model Used** | **Guarantor 3 Credit Order Date** | **Guarantor 3 Experian FICO** | **Guarantor 3 Experian FICO Model Used** | **Guarantor 3 Equifax FICO** | **Guarantor 3 Equifax FICO Model Used** | **Guarantor 3 TransUnion FICO** | **Guarantor 3 TransUnion FICO Model Used** | **Guarantor 3 Most Recent Fico Method** | **Guarantor 4 First Name** | **Guarantor 4 Last Name** | **Guarantor 4 Business Ownership Percent** | **Guarantor 4 Recourse Type** | **Guarantor 4 Number of Mortgaged Properties** | **Guarantor 4 Citizenship** | **Guarantor 4 Documentation Used to Determine Legal Residency** | **Guarantor 4 Country Name** | **Guarantor 4 Asset Verification Level** | **Guarantor 4 Employment Verification Level** | **Guarantor 4 Income Verification Level** | **Guarantor 4 FICO Model Used** | **Guarantor 4 Credit Order Date** | **Guarantor 4 Experian FICO** | **Guarantor 4 Experian FICO Model Used** | **Guarantor 4 Equifax FICO** | **Guarantor 4 Equifax FICO Model Used** | **Guarantor 4 TransUnion FICO** | **Guarantor 4 TransUnion FICO Model Used** | **Guarantor 4 Most Recent Fico Method** | **Authorized Signor 1 First Name** | **Authorized Signor 1 Last Name** | **Authorized Signor 2 First Name** | **Authorized Signor 2 Last Name** | **Member 1 First Name** | **Member 1 Last Name** | **Member 1 Documentation Used to Determine Legal Residency** | **Member 1 Credit Order Date** | **Member 1 Experian FICO** | **Member 1 Experian FICO Model Used** | **Member 1 Equifax FICO** | **Member 1 Equifax FICO Model Used** | **Member 1 TransUnion FICO** | **Member 1 TransUnion FICO Model Used** | **Member 1 Asset Verification Level** | **Member 1 Employment Verification Level** | **Member 1 Income Verification Level** | **Member 2 First Name** | **Member 2 Last Name** | **Member 2 Documentation Used to Determine Legal Residency** | **Member 2 Credit Order Date** | **Member 2 Experian FICO** | **Member 2 Experian FICO Model Used** | **Member 2 Equifax FICO** | **Member 2 Equifax FICO Model Used** | **Member 2 TransUnion FICO** | **Member 2 TransUnion FICO Model Used** | **Member 2 Asset Verification Level** | **Member 2 Employment Verification Level** | **Member 2 Income Verification Level** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Investment Property Original As Is LTV** | **As Is Value** | **After Repair Value** | **After Repair Value LTV** | **Loan to Cost** | **Original Sales Price** | **Assignment Fee** | **Loan to Purchase Price** | **SBC Occupancy** | **Investment Property Type** | **Has Dutch Interest** | **Interest Reserves Escrowed** | **Guarantor 1 ITIN Flag** | **Guarantor 2 ITIN Flag** | **Guarantor 3 ITIN Flag** | **Guarantor 4 ITIN Flag** |
| 223651206 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $12000.00 | XXX | $12000.00 | Third Party Rental Source | $10553.22 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $10553.22 |  |  | No |  |  |  | Long Term |  | $12000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 1 | Foreign National |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1/XX/2025 | 1/XX/2025 | XXX | 1 | XXX | XXX | 10 | 6 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 63.291% | XXX |  |  | 64.103% |  |  | 64.103% |  |  |  |  |  |  |  |  |
| 224065204 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2025 | Yes |  |  |  |  |  |  |  | $3843.38 |  | 0.442979 |  |  |  |  |  | $3843.38 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | XXX | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  |  |  |  | 744 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Verified as defined | Level 5-Stated/Verified as defined | Classic | 11/XX/2024 | 738 | Fair Isaac (VER. 2) | 744 | FICO Classic V5 Facta | 745 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1.1 | C4 | XXX |  | $10681.96 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224065235 | XXX | XXX |  |  | XXX | XXX | XXX | 2/XX/2025 | Yes | Yes | Long Term | $2115.00 | $2300.00 | XXX | $2115.00 | Rent on Existing Lease | $1907.63 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $1907.63 |  |  | Yes | 8/XX/2024 | 3/XX/2025 | 7 | Long Term | $1115.00 | $1150.00 | Yes | 9/XX/2024 | 8/XX/2025 | 11 | Long Term | $1000.00 | $1150.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  | No | Experienced Investor |  |  | US Citizen | 765 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 2/XX/2025 | 773 | Fair Isaac (VER. 2) | 762 | FICO Classic V5 Facta | 765 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2/XX/2025 |  | XXX | 2 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224065240 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2025 | Yes | Yes | Long Term | $2600.00 | $2600.00 | XXX | $2600.00 | Rent on Existing Lease | $2194.88 |  | 0.000000 | 0.84 |  |  | 1.18 | 1.18 | $2194.88 |  |  | Yes | 2/XX/2025 | 1/XX/2026 | 12 | Long Term | $1500.00 | $1500.00 | Yes | 2/XX/2025 | 1/XX/2026 | 12 | Long Term | $1100.00 | $1100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No | No | No | Experienced Investor | 41.76 | US Citizen | US Citizen | 787 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 2/XX/2025 | 735 | Fair Isaac (VER. 2) | 754 | FICO Classic V5 Facta | 733 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 2/XX/2025 | 792 | Fair Isaac (VER. 2) | 783 | FICO Classic V5 Facta | 787 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2/XX/2025 |  | XXX | 2 | XXX | XXX | 6 | 4 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224081997 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Short Term Vacation Rental (e.g., XXXX, XXXX, or XXXX) |  | $8672.85 | XXX | $6938.28 | Multiple Sources | $2507.01 |  | 0.000000 | 0.36 |  |  | 2.77 | 2.77 | $2507.01 |  |  | No |  |  |  | Short Term Vacation Rental (e.g., XXXX, XXXX, or XXXX) |  | $8672.85 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 8.00 |  |  | 761 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 3/XX/2025 | 761 | Fair Isaac (VER. 2) | 799 | FICO Classic V5 Facta | 745 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 3/XX/2025 | 693 | Fair Isaac (VER. 2) | 686 | FICO Classic V5 Facta | 734 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 72.993% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082005 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Not Provided |  | $2350.00 | XXX | $2050.00 | Multiple Sources | $2545.86 |  | 0.000000 | 1.24 |  |  | 0.81 | 0.81 | $2545.86 |  |  | No |  |  |  | Not Provided |  | $2350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 11 | No |  |  | Experienced Investor | 2.38 |  |  | 736 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 2/XX/2025 | 736 | Fair Isaac (VER. 2) | 756 | Beacon 5 | 690 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3 | C4 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  | 126.066% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082006 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $7650.00 | XXX | $7650.00 | Third Party Rental Source | $7433.76 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $7433.76 |  |  | No |  |  |  | Long Term |  | $7650.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 0 | 0 | No | No |  | First-Time Investor |  | US Citizen |  | 755 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 755 | Fair Isaac (VER. 2) | 732 | FICO Classic V5 Facta | 756 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 3/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 77.904% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082009 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2900.00 | XXX | $2900.00 | Third Party Rental Source | $2051.53 |  | 0.000000 | 0.71 |  |  | 1.41 | 1.41 | $2051.53 |  |  | No |  |  |  | Long Term |  | $1450.00 | No |  |  |  | Long Term |  | $1450.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 773 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 790 | Fair Isaac (VER. 2) | 773 | FICO Classic V5 Facta | 766 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 4/XX/2025 | XXX | 2 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 83.828% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082012 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | XXX | $2400.00 | Third Party Rental Source | $1788.20 |  | 0.000000 | 0.75 |  |  | 1.34 | 1.34 | $1788.20 |  |  | No |  |  |  | Long Term |  | $1100.00 | No |  |  |  | Long Term |  | $1300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.37 |  |  | 714 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 2/XX/2025 | 693 | Fair Isaac (VER. 2) | 715 | FICO Classic V5 Facta | 714 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 2 | XXX | XXX | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 112.516% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082016 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2400.00 | $2000.00 | XXX | $2400.00 | Rent on Existing Lease | $2353.11 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $2353.11 |  |  | Yes | 6/XX/2025 | 5/XX/2026 | 12 | Long Term | $2400.00 | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 790 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 3/XX/2025 | 790 | Fair Isaac (VER. 2) | 813 | Beacon 5 | 783 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 83.559% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082021 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | XXX | $3100.00 | Third Party Rental Source | $3007.12 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $3007.12 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 25 | No | No |  | Experienced Investor | 2.58 | US Citizen |  | 732 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 9 | US Citizen |  |  | Level 4-Stated/Verified as defined | 4/XX/2025 | 714 | FICO II | 732 | Beacon 5 | 752 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 53.226% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082023 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3640.00 | XXX | $3640.00 | Third Party Rental Source | $3459.88 |  | 0.000000 | 0.95 |  |  | 1.05 | 1.05 | $3459.88 |  |  | No |  |  |  | Long Term |  | $3640.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.16 |  |  | 767 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 767 | Fair Isaac (VER. 2) | 788 | FICO Classic V5 Facta | 766 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 109.286% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082035 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1875.00 | XXX | $1875.00 | Third Party Rental Source | $1722.69 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $1722.69 |  |  | No |  |  |  | Long Term |  | $1875.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.45 |  |  | 707 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 81.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 707 | Fair Isaac (VER. 2) | 705 | FICO Classic V5 Facta | 748 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 1.1 | C2 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 269.542% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082040 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | XXX | $3429.78 | Multiple Sources | $2815.70 |  | 0.000000 | 0.82 |  |  | 1.22 | 1.22 | $2815.70 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 2.79 |  |  | 762 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 4/XX/2025 | 750 | Fair Isaac (VER. 2) | 763 | FICO Classic V5 Facta | 762 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1.1 | C2 |  | $0.00 | $1029.78 |  |  |  |  |  |  | 75.000% | XXX |  |  | 532.500% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082043 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | XXX | $2500.00 | Third Party Rental Source | $3006.54 |  | 0.000000 | 1.2 |  |  | 0.83 | 0.83 | $3006.54 |  |  | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | Permanent Resident Alien |  | 732 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 733 | Fair Isaac (VER. 2) | 725 | Beacon 5 | 732 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 224082048 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5400.00 | XXX | $5400.00 | Third Party Rental Source | $3203.33 |  | 0.000000 | 0.59 |  |  | 1.69 | 1.69 | $3203.33 |  |  | No |  |  |  | Long Term |  | $5400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 2-Stated/Not Verified | No | 1 | 3 | No | No |  | Experienced Investor |  | US Citizen |  | 769 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | 5/XX/2025 | 769 | Fair Isaac (VER. 2) | 797 | FICO Classic V5 Facta | 748 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 1 | 1 | C2 | XXX | $0.00 |  |  |  |  |  |  |  | 65.000% | XXX |  |  | 58.559% |  |  | 58.559% |  |  |  |  |  |  |  |  |
| 224082050 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5400.00 | XXX | $5400.00 | Third Party Rental Source | $5083.56 |  | 0.000000 | 0.94 |  |  | 1.06 | 1.06 | $5083.56 |  |  | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor |  |  |  | 725 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 725 | FICO II | 711 | Beacon 5 | 736 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 3/XX/2025 | XXX | 4 | XXX | XXX | 4 | 4 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 78.720% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082054 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $3000.00 | Third Party Rental Source | $2034.21 |  | 0.000000 | 0.68 |  |  | 1.47 | 1.47 | $2034.21 |  |  | No |  |  |  | Long Term |  | $1400.00 | No |  |  |  | Long Term |  | $1600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 765 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 756 | Fair Isaac (VER. 2) | 771 | Beacon 5 | 765 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 4/XX/2025 | XXX | 2 | XXX | XXX | 5 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 85.000% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082055 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $7400.00 | XXX | $7400.00 | Third Party Rental Source | $5316.78 |  | 0.000000 | 0.72 |  |  | 1.39 | 1.39 | $5316.78 |  |  | No |  |  |  | Long Term |  | $3600.00 | No |  |  |  | Long Term |  | $3800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor |  |  |  | 796 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 25.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 765 | Fair Isaac (VER. 2) | 799 | FICO Classic V5 Facta | 779 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 683 | Fair Isaac (VER. 2) | 776 | FICO Classic V5 Facta | 689 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 25.000% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 2/XX/2025 | 809 | Fair Isaac (VER. 2) | 796 | FICO Classic V5 Facta | 764 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2/XX/2025 | 3/XX/2025 | XXX | 2 | XXX | XXX | 7 | 3 | Average | XXX | $0.00 |  |  |  |  |  |  |  | 72.329% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082060 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2800.00 | XXX | $2800.00 | Third Party Rental Source | $2749.07 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $2749.07 |  |  | No |  |  |  | Long Term |  | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 758 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 3/XX/2025 | 698 | Fair Isaac (VER. 2) | 780 | FICO Classic V5 Facta | 758 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 2 | 2.1 | C2 | XXX | $0.00 |  |  |  |  |  |  |  | 64.337% | XXX |  |  | 65.122% |  |  | 65.122% |  |  |  |  |  |  |  |  |
| 224082061 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $1950.00 | $1825.00 | XXX | $1950.00 | Rent on Existing Lease | $1931.18 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $1931.18 |  |  | Yes | 5/XX/2025 | 5/XX/2026 | 12 | Long Term | $1950.00 | $1825.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor | 0.24 | US Citizen |  | 800 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 3/XX/2025 | 800 | Fair Isaac (VER. 2) | 800 | FICO Classic V5 Facta | 757 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 103.030% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082063 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1534.00 | XXX | $1534.00 | Third Party Rental Source | $1700.54 |  | 0.000000 | 1.11 |  |  | 0.90 | 0.9 | $1700.54 |  |  | No |  |  |  | Long Term |  | $1534.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.45 |  |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 763 | FICO II | 750 | Beacon 5 | 759 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 779 | FICO II | 787 | Beacon 5 | 760 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 74.872% | XXX |  |  | 87.056% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082071 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2750.00 | XXX | $2750.00 | Third Party Rental Source | $2747.73 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2747.73 |  |  | No |  |  |  | Long Term |  | $2750.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | First-Time Investor |  |  |  | 806 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 808 | Fair Isaac (VER. 2) | 806 | FICO Classic V5 Facta | 762 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 2/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 64.571% | XXX |  |  | 65.000% |  |  | 65.000% |  |  |  |  |  |  |  |  |
| 224082072 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | XXX | $2500.00 | Third Party Rental Source | $2492.86 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2492.86 |  |  | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | First-Time Investor |  | US Citizen |  | 789 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 798 | Fair Isaac (VER. 2) | 789 | FICO Classic V5 Facta | 727 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C1 | XXX | $0.00 |  |  |  |  |  |  |  | 77.628% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082078 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $4200.00 | XXX | $10866.67 | Multiple Sources | $8431.46 |  | 0.000000 | 0.78 |  |  | 1.29 | 1.29 | $8431.46 |  |  | No |  |  |  | Long Term |  | $4200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | First-Time Investor |  |  |  | 740 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 4/XX/2025 | 740 | Fair Isaac (VER. 2) | 752 | FICO Classic V5 Facta | 724 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 | $6666.67 |  |  |  |  |  |  | 75.000% | XXX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 224082088 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3300.00 | XXX | $5300.00 | Multiple Sources | $4124.73 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $4124.73 |  |  | No |  |  |  | Long Term |  | $3300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 797 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 2-Stated/Not Verified | Classic | 3/XX/2025 | 784 | Fair Isaac (VER. 2) | 806 | FICO Classic V5 Facta | 797 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 3/XX/2025 | 784 | Fair Isaac (VER. 2) | 806 | FICO Classic V5 Facta | 797 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 | $2000.00 |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082089 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2100.00 | XXX | $2100.00 | Third Party Rental Source | $1926.07 |  | 0.000000 | 0.92 |  |  | 1.09 | 1.09 | $1926.07 |  |  | No |  |  |  | Long Term |  | $2100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 773 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 778 | Fair Isaac (VER. 2) | 772 | FICO Classic V5 Facta | 773 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 83.293% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082091 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | XXX | $3100.00 | Third Party Rental Source | $2518.11 |  | 0.000000 | 0.81 |  |  | 1.23 | 1.23 | $2518.11 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 1.78 |  |  | 754 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 90.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 3/XX/2025 | 774 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 754 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3.1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 53.097% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082118 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $4600.00 | XXX | $4600.00 | Third Party Rental Source | $3513.39 |  | 0.000000 | 0.76 |  |  | 1.31 | 1.31 | $3513.39 |  |  | No |  |  |  | Long Term |  | $2000.00 | No |  |  |  | Long Term |  | $2600.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 0.47 |  |  | 780 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 780 | Fair Isaac (VER. 2) | 704 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 2 | XXX | XXX | 6 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082159 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $1550.00 | $1500.00 | XXX | $2166.67 | Multiple Sources | $1951.69 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $1951.69 |  |  | Yes | 5/XX/2025 | 4/XX/2026 | 12 | Long Term | $1550.00 | $1500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.82 |  |  | 800 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 6/XX/2025 | 804 | Fair Isaac (VER. 2) | 800 | FICO Classic V5 Facta | 795 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1.1 | C3 |  | $0.00 | $666.67 |  |  |  |  |  |  | 83.000% | XXX |  |  | 112.050% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082160 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term |  | $3200.00 | XXX | $3200.00 | Third Party Rental Source | $2813.42 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $2813.42 |  |  | Yes | 1/XX/2025 | 12/XX/2025 | 12 | Long Term |  | $3200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 6 | No |  | No | Experienced Investor | 13.01 |  | US Citizen | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Trustee |  | XXX | XXX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 764 | Fair Isaac (VER. 2) | 744 | FICO Classic V5 Facta | 747 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082162 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2050.00 | XXX | $2050.00 | Third Party Rental Source | $1945.78 |  | 0.000000 | 0.95 |  |  | 1.05 | 1.05 | $1945.78 |  |  | No |  |  |  | Long Term |  | $2050.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | Permanent Resident Alien |  | 795 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 3/XX/2025 | 795 | Fair Isaac (VER. 2) | 810 | FICO Classic V5 Facta | 783 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2.1 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082169 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $4583.33 | Multiple Sources | $3517.68 |  | 0.000000 | 0.77 |  |  | 1.30 | 1.3 | $3517.68 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 3 | No |  |  | Experienced Investor |  |  |  | 806 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 793 | Fair Isaac (VER. 2) | 809 | Beacon 5 | 806 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 5/XX/2025 | 800 | Fair Isaac (VER. 2) | 800 | Beacon 5 | 811 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C1 | XXX | $0.00 | $1583.33 |  |  |  |  |  |  | 63.594% | XXX |  |  | 63.594% |  |  | 63.594% |  |  |  |  |  |  |  |  |
| 224082172 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3121.20 | $2775.00 | XXX | $3121.00 | Multiple Sources | $2737.85 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $2737.85 |  |  | Yes | 3/XX/2025 | 2/XX/2026 | 12 | Long Term | $3121.20 | $2775.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 15.63 |  |  | 772 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Corp | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 772 | Fair Isaac (VER. 2) | 768 | FICO Classic V5 Facta | 784 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082193 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3400.00 | XXX | $4200.00 | Multiple Sources | $4149.32 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $4149.32 |  |  | No |  |  |  | Long Term |  | $3400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 5 | No |  |  | Experienced Investor | 0.11 |  |  | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 7/XX/2025 | 794 | Fair Isaac (VER. 2) | 732 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082194 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $3000.00 | Third Party Rental Source | $2992.58 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $2992.58 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 806 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 806 | Fair Isaac (VER. 2) | 805 | FICO Classic V5 Facta | 819 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 798 | Fair Isaac (VER. 2) | 812 | FICO Classic V5 Facta | 798 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 73.630% | XXX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 224082199 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5400.00 | XXX | $5400.00 | Third Party Rental Source | $5372.17 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $5372.17 |  |  | No |  |  |  | Long Term |  | $2200.00 | No |  |  |  | Long Term |  | $3200.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 20.78 | US Citizen |  | 716 |  |  |  |  | 1 | 0 | 0 | 1 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 708 | Fair Isaac (VER. 2) | 716 | Beacon 5 | 752 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 2 | XXX | XXX | 7 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 134.176% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082204 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3075.00 | $3000.00 | XXX | $4584.52 | Multiple Sources | $3447.36 |  | 0.000000 | 0.75 |  |  | 1.33 | 1.33 | $3447.36 |  |  | Yes |  |  |  | Long Term | $3075.00 | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 5.33 | US Citizen |  | 706 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 662 | Fair Isaac (VER. 2) | 735 | FICO Classic V5 Facta | 706 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 | $1584.52 |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082206 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2400.00 | XXX | $2400.00 | Third Party Rental Source | $2378.84 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2378.84 |  |  | No |  |  |  | Long Term |  | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.10 |  |  | 783 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 2/XX/2025 | 778 | Fair Isaac (VER. 2) | 783 | FICO Classic V5 Facta | 792 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 73.810% | XXX |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082208 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $7000.00 | XXX | $9750.00 | Multiple Sources | $7702.27 |  | 0.000000 | 0.79 |  |  | 1.27 | 1.27 | $7702.27 |  |  | No |  |  |  | Long Term |  | $7000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 16 | No |  | No | Experienced Investor |  |  | US Citizen | 820 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Trust | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  | Individual | Individual | Retired | XXX | XXX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 821 | Fair Isaac (VER. 2) | 807 | FICO Classic V5 Facta | 820 | FICO Risk Score Classic 04 | Individual | XX | XXX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 802 | Fair Isaac (VER. 2) | 794 | FICO Classic V5 Facta | 809 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C2 | XXX | $0.00 | $2750.00 |  |  |  |  |  |  | 46.835% | XXX |  |  | 46.835% |  |  | 46.835% |  |  |  |  |  |  |  |  |
| 224082216 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3100.00 | $2500.00 | XXX | $3100.00 | Rent on Existing Lease | $2720.46 |  | 0.000000 | 0.88 |  |  | 1.14 | 1.14 | $2720.46 |  |  | Yes | 6/XX/2025 | 6/XX/2026 | 12 | Long Term | $3100.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 1.02 |  |  | 725 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 80.00% | Full Recourse | 1 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 679 | Fair Isaac (VER. 2) | 758 | FICO Classic V5 Facta | 725 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 175.351% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082217 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2800.00 | XXX | $2800.00 | Third Party Rental Source | $2384.96 |  | 0.000000 | 0.85 |  |  | 1.17 | 1.17 | $2384.96 |  |  | No |  |  |  | Long Term |  | $2800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 1 | Foreign National |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  | XXX | XXX | 50.00% | Full Recourse | 1 | Foreign National |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2.1 | C1 | XXX | $0.00 |  |  |  |  |  |  |  | 67.273% | XXX |  |  | 70.000% |  |  | 70.000% |  |  |  |  | Yes | Yes |  |  |
| 224082222 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3600.00 | XXX | $3600.00 | Third Party Rental Source | $3468.90 |  | 0.000000 | 0.96 |  |  | 1.04 | 1.04 | $3468.90 |  |  | No |  |  |  | Long Term |  | $1800.00 | No |  |  |  | Long Term |  | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor |  | Non-Permanent Resident Alien |  | 679 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 3 | Non-Permanent Resident Alien |  |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 679 | Fair Isaac (VER. 2) | 689 | FICO Classic V5 Facta | 614 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 2 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 72.816% | XXX |  |  | 74.257% |  |  | 74.257% |  |  |  |  |  |  |  |  |
| 224082223 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2138.00 | XXX | $2138.00 | Third Party Rental Source | $1945.21 |  | 0.000000 | 0.91 |  |  | 1.10 | 1.1 | $1945.21 |  |  | No |  |  |  | Long Term |  | $2138.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 3 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 752 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 752 | Fair Isaac (VER. 2) | 752 | FICO Classic V5 Facta | 713 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 751 | Fair Isaac (VER. 2) | 750 | FICO Classic V5 Facta | 754 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 79.461% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082225 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2350.00 | $2400.00 | XXX | $2400.00 | Third Party Rental Source | $2129.10 |  | 0.000000 | 0.89 |  |  | 1.13 | 1.13 | $2129.10 |  |  | Yes | 3/XX/2025 | 3/XX/2026 | 12 | Long Term | $2350.00 | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 0.42 |  |  | 783 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 779 | FICO II | 802 | Beacon 5 | 783 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C1 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082230 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5500.00 | XXX | $5500.00 | Third Party Rental Source | $5448.30 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $5448.30 |  |  | No |  |  |  | Long Term |  | $5500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | First-Time Investor |  |  |  | 766 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 760 | Fair Isaac (VER. 2) | 791 | FICO Classic V5 Facta | 766 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 3/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082231 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $7800.00 | XXX | $7800.00 | Third Party Rental Source | $7799.60 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $7799.60 |  |  | No |  |  |  | Long Term |  | $2000.00 | No |  |  |  | Long Term |  | $2000.00 | No |  |  |  | Long Term |  | $1900.00 | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | First-Time Investor | 0.42 |  |  | 729 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 85.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 713 | Fair Isaac (VER. 2) | 729 | FICO Classic V5 Facta | 730 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 4 | XXX | XXX | 8 | 10.2 | Average |  | $0.00 |  |  |  |  |  |  |  | 69.223% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082232 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5700.00 | XXX | $5700.00 | Third Party Rental Source | $3645.78 |  | 0.000000 | 0.64 |  |  | 1.56 | 1.56 | $3645.78 |  |  | No |  |  |  | Long Term |  | $2300.00 | No |  |  |  | Long Term |  | $1700.00 | No |  |  |  | Long Term |  | $1700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.18 |  |  | 759 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 749 | Fair Isaac (VER. 2) | 759 | FICO Classic V5 Facta | 787 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 3 | XXX | XXX | 4 | 3 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082234 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $1550.00 | $1625.00 | XXX | $1550.00 | Rent on Existing Lease | $1997.37 |  | 0.000000 | 1.29 |  |  | 0.78 | 0.78 | $1997.37 |  |  | Yes | 1/XX/2025 | 1/XX/2026 | 12 | Long Term | $1550.00 | $1625.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 8.90 | US Citizen |  | 746 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 717 | Fair Isaac (VER. 2) | 746 | FICO Classic V5 Facta | 759 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082254 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $2889.77 |  | 0.137196 |  |  |  |  |  | $2889.77 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | XXX | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  |  |  |  | 730 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 1 | Non-Permanent Resident Alien | Employment Authorization | XXXX | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 3/XX/2025 | 727 | Fair Isaac (VER. 2) | 730 | Beacon 5 | 730 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2.1 | C1 | XXX |  | $8832.42 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082260 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | No |  |  |  |  |  |  |  | $2267.64 |  | 0.133053 |  |  |  |  |  | $2267.64 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No |  |  |  | 0.25 |  |  | 709 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 5/XX/2025 | 712 | Fair Isaac (VER. 2) | 709 | FICO Classic V5 Facta | 671 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  |  | $109855.82 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082304 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $3275.25 |  | 0.442338 |  |  |  |  |  | $3275.25 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No | No |  |  | 2.27 | Permanent Resident Alien |  | 789 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 1 | Permanent Resident Alien | Resident Alien Card |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 789 | Fair Isaac (VER. 2) | 794 | FICO Classic V5 Facta | 770 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2.1 | C2 |  |  | $9556.60 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082312 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $4476.55 |  | 0.450677 |  |  |  |  |  | $4476.55 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified |  |  |  | No | No |  |  |  | US Citizen |  | 761 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 761 | FICO II | 778 | Beacon 5 | 740 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 1 | C4 | XXX |  | $12875.24 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082314 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $2127.59 |  | 0.266225 |  |  |  |  |  | $2127.59 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified |  |  |  | No | No |  |  |  | US Citizen |  | 755 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 7/XX/2025 | 763 | Fair Isaac (VER. 2) | 755 | Beacon 5 | 725 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 2 | C3 | XXX |  | $38457.01 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082340 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3500.00 | XXX | $3500.00 | Third Party Rental Source | $3231.90 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $3231.90 |  |  | No |  |  |  | Long Term |  | $3500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 808 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 4/XX/2025 | 808 | Fair Isaac (VER. 2) | 818 | FICO Classic V5 Facta | 782 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 4/XX/2025 | 768 | Fair Isaac (VER. 2) | 771 | FICO Classic V5 Facta | 765 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 3/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 81.566% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224082346 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $1625.00 | $2000.00 | XXX | $2000.00 | Third Party Rental Source | $1711.77 |  | 0.000000 | 0.86 |  |  | 1.17 | 1.17 | $1711.77 |  |  | Yes | 3/XX/2025 | 5/XX/2026 | 14 | Long Term | $1625.00 | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.75 |  |  | 714 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 3/XX/2025 | 723 | Fair Isaac (VER. 2) | 714 | FICO Classic V5 Facta | 708 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082353 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $7330.00 | $7340.00 | XXX | $7340.00 | Third Party Rental Source | $3382.16 |  | 0.000000 | 0.46 |  |  | 2.17 | 2.17 | $3382.16 |  |  | Yes | 2/XX/2025 | 1/XX/2026 | 11 | Long Term | $2900.00 | $2900.00 | Yes | 6/XX/2024 | 7/XX/2025 | 13 | Long Term | $2390.00 | $2400.00 | Yes | 8/XX/2019 | 7/XX/2025 | 72 | Long Term | $2040.00 | $2040.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 7 | No | No |  | Experienced Investor | 18.19 | US Citizen |  | 758 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 755 | Fair Isaac (VER. 2) | 774 | FICO Classic V5 Facta | 758 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 3 | XXX | XXX | 7 | 3 | Average |  | $0.00 |  |  |  |  |  |  |  | 33.600% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082368 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2350.00 | XXX | $2350.00 | Third Party Rental Source | $2220.78 |  | 0.000000 | 0.95 |  |  | 1.06 | 1.06 | $2220.78 |  |  | No |  |  |  | Long Term |  | $2350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 779 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 4/XX/2025 | 802 | Fair Isaac (VER. 2) | 779 | FICO Classic V5 Facta | 769 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 2 | 3 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 76.800% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224082381 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1450.00 | XXX | $1450.00 | Third Party Rental Source | $1259.85 |  | 0.000000 | 0.87 |  |  | 1.15 | 1.15 | $1259.85 |  |  | No |  |  |  | Long Term |  | $1450.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 44.53 | US Citizen |  | 678 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 657 | Fair Isaac (VER. 2) | 678 | FICO Classic V5 Facta | 699 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082399 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2400.00 | $2400.00 | XXX | $2400.00 | Rent on Existing Lease | $1869.00 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $1869.00 |  |  | Yes | 5/XX/2025 | 4/XX/2026 | 11 | Long Term | $2400.00 | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 825 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 825 | Fair Isaac (VER. 2) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 2 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 52.327% | XXX |  |  | 56.704% |  |  | 56.704% |  |  |  |  |  |  |  |  |
| 224082403 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $7000.00 | $5500.00 | XXX | $7000.00 | Rent on Existing Lease | $8920.19 |  | 0.000000 | 1.27 |  |  | 0.78 | 0.78 | $8920.19 |  |  | Yes | 6/XX/2025 | 6/XX/2027 | 25 | Long Term | $7000.00 | $5500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No |  | Experienced Investor |  | US Citizen |  | 794 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 794 | FICO II | 787 | Beacon 5 | 803 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 61.194% | XXX |  |  | 63.077% |  |  | 63.077% |  |  |  |  |  |  |  |  |
| 224082404 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3500.00 | XXX | $3500.00 | Third Party Rental Source | $2734.71 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $2734.71 |  |  | No |  |  |  | Long Term |  | $3500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 1.02 |  |  | 778 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 778 | Fair Isaac (VER. 2) | 793 | FICO Classic V5 Facta | 715 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 5 | 3 | C2 |  | $0.00 |  |  |  |  |  |  |  | 51.813% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082415 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $6400.00 | $8600.00 | XXX | $8600.00 | Third Party Rental Source | $5136.38 |  | 0.000000 | 0.6 |  |  | 1.67 | 1.67 | $5136.38 |  |  | Yes |  |  |  | Long Term | $2900.00 | $4300.00 | Yes |  |  |  | Long Term | $3500.00 | $4300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | Experienced Investor | 2.98 | US Citizen |  | 737 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 4/XX/2025 | 721 | FICO II | 737 | Beacon 5 | 746 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 2 | XXX | XXX | 8 | 2 | Average |  | $0.00 |  |  |  |  |  |  |  | 47.820% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082472 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2600.00 | $2700.00 | XXX | $2700.00 | Third Party Rental Source | $2281.45 |  | 0.000000 | 0.84 |  |  | 1.18 | 1.18 | $2281.45 |  |  | Yes | 6/XX/2024 | 6/XX/2025 | 12 | Long Term | $2600.00 | $2700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 27 | No | No |  | Experienced Investor | 28.36 | US Citizen |  | 732 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 9 | US Citizen |  |  | Level 4-Stated/Verified as defined | 4/XX/2025 | 714 | Fair Isaac (VER. 2) | 732 | Beacon 5 | 752 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C4 |  | $0.00 |  |  |  |  |  |  |  | 74.928% | XXX |  |  | 346.205% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082476 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1800.00 | XXX | $1800.00 | Third Party Rental Source | $1266.14 |  | 0.000000 | 0.7 |  |  | 1.42 | 1.42 | $1266.14 |  |  | No |  |  |  | Long Term |  | $900.00 | No |  |  |  | Long Term |  | $900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 5 | No |  |  | Experienced Investor | 0.24 |  |  | 792 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 774 | Fair Isaac (VER. 2) | 792 | FICO Classic V5 Facta | 793 | FICO Risk Score Classic 04 | 3 | XXX | XXX |  | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 771 | Fair Isaac (VER. 2) | 796 | FICO Classic V5 Facta | 788 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 2 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 153.750% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082493 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3900.00 | $3950.00 | XXX | $3950.00 | Third Party Rental Source | $4940.54 |  | 0.000000 | 1.25 |  |  | 0.80 | 0.8 | $4940.54 |  |  | Yes | 11/XX/2023 | 11/XX/2024 | 12 | Long Term | $3900.00 | $3950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor | 3.15 |  |  | 786 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Corp | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 786 | FICO II | 792 | Beacon 5 | 762 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 51.507% | XXX |  |  | 66.353% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082495 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2300.00 | XXX | $2300.00 | Third Party Rental Source | $2150.03 |  | 0.000000 | 0.93 |  |  | 1.07 | 1.07 | $2150.03 |  |  | No |  |  |  | Long Term |  | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No | No |  | Experienced Investor | 4.14 | US Citizen |  | 711 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 711 | Fair Isaac (VER. 2) | 725 | Beacon 5 | 682 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 69.786% | XXX |  |  | 134.190% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082499 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $900.00 | $2600.00 | XXX | $2700.00 | Multiple Sources | $2245.98 |  | 0.000000 | 0.83 |  |  | 1.20 | 1.2 | $2245.98 |  |  | No |  |  |  | Long Term |  | $1800.00 | Yes | 7/XX/2025 | 6/XX/2025 | 1 | Long Term | $900.00 | $800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.49 |  |  | 711 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 713 | FICO II | 707 | Beacon 5 | 711 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 2 | C2 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 122.017% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224082691 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $2432.89 |  | 0.188632 |  |  |  |  |  | $2432.89 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No |  |  |  |  |  |  | 795 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 3/XX/2025 | 795 | Fair Isaac (VER. 2) | 797 | Beacon 5 | 776 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3/XX/2025 |  | XXX | 1 | XXX | XXX | 5 | 3 | C3 | XXX |  | $198695.74 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082707 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | No |  |  |  |  |  |  |  | $4273.09 |  | 0.440304 |  |  |  |  |  | $4273.09 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified |  |  |  | No | No | No |  |  | Non-Permanent Resident Alien | US Citizen | 727 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 4 | Non-Permanent Resident Alien | VISA | Mexico | Level 3-Stated/Partially Verified | 5/XX/2025 | 727 | Fair Isaac (VER. 2) |  |  | 741 | FICO Risk Score Classic 04 | Individual | Individual | Unemployed | XXX | XXX | 3 | US Citizen |  |  | Level 3-Stated/Partially Verified | 5/XX/2025 | 751 | Fair Isaac (VER. 2) | 716 | FICO Classic V5 Facta | 771 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3 | C4 | XXX |  | $45587.98 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224082751 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $7438.36 |  | 0.428921 |  |  |  |  |  | $7438.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No | No |  |  | 2.16 | US Citizen |  | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 771 | Fair Isaac (VER. 2) | 781 | FICO Classic V5 Facta | 803 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 2 | XXX | XXX | 5 | 2 | C3 |  |  | $7260.55 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310648 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $9232.97 |  | 0.346686 |  |  |  |  |  | $9232.97 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No | No | No |  | 3.37 | US Citizen | US Citizen | 757 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | Individual | Individual | Employed | XXX | XXX | 13 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 728 | Fair Isaac (VER. 2) | 757 | FICO Classic V5 Facta | 780 | FICO Risk Score Classic 04 | Individual | Individual | Employed | XXX | XXX | 4 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 751 | Fair Isaac (VER. 2) | 719 | FICO Classic V5 Facta | 742 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 3 | XXX | XXX | 7 | 6 | C2 |  |  | $248682.84 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310665 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | No |  |  |  |  |  |  |  | $22357.97 |  | 0.342825 |  |  |  |  |  | $22357.97 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  | 2.07 |  |  | 741 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 2-Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 7/XX/2025 | 743 | FICO II | 713 | Beacon 5 | 741 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 4 | XXX | XXX | 8 | 4.1 | Average |  |  | $78669.74 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310669 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | No |  |  |  |  |  |  |  | $9469.84 |  | 0.059365 |  |  |  |  |  | $9469.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No |  |  |  | 1.61 |  |  | 750 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 6/XX/2025 | 766 | Fair Isaac (VER. 2) | 741 | FICO Classic V5 Facta | 750 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 2 | XXX | XXX | 6 | 4 | C2 |  |  | $442988.10 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310672 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $7500.00 | $8000.00 | XXX | $7500.00 | Rent on Existing Lease | $5839.60 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $5839.60 |  |  | Yes | 4/XX/2025 | 4/XX/2026 | 12 | Long Term | $2700.00 | $2750.00 | Yes | 4/XX/2025 | 4/XX/2026 | 12 | Long Term | $2700.00 | $2750.00 | Yes | 4/XX/2025 | 4/XX/2026 | 12 | Long Term | $2100.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 6 | No |  |  | Experienced Investor | 0.40 |  |  | 740 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 2/XX/2025 | 754 | Fair Isaac (VER. 2) | 725 | FICO Classic V5 Facta | 740 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 3 | XXX | XXX | 11 | 3.2 | Average |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 124.952% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310674 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $4200.00 | $2550.00 | XXX | $4200.00 | Rent on Existing Lease | $3619.21 |  | 0.000000 | 0.86 |  |  | 1.16 | 1.16 | $3619.21 |  |  | Yes | 5/XX/2025 | 10/XX/2025 | 6 | Long Term | $4200.00 | $2550.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.43 |  |  | 725 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 739 | Fair Isaac (VER. 2) | 725 | FICO Classic V5 Facta | 700 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 120.000% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310676 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $13500.00 | XXX | $13500.00 | Third Party Rental Source | $10850.53 |  | 0.000000 | 0.8 |  |  | 1.24 | 1.24 | $10850.53 |  |  | No |  |  |  | Long Term |  | $6000.00 | No |  |  |  | Long Term |  | $3000.00 | No |  |  |  | Long Term |  | $4500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 7.34 |  |  | 776 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | Permanent Resident Alien |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 758 | Fair Isaac (VER. 2) | 781 | FICO Classic V5 Facta | 776 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2/XX/2025 |  | XXX | 3 | XXX | XXX | 9 | 5 | Good |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310683 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2900.00 | $2900.00 | XXX | $2900.00 | Rent on Existing Lease | $2841.94 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $2841.94 |  |  | Yes | 7/XX/2025 | 6/XX/2026 | 12 | Long Term | $2900.00 | $2900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 49.00% | Full Recourse | 1 | Foreign National |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  | XXX | XXX | 51.00% | Full Recourse | 1 | Foreign National |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 | 3/XX/2025 | XXX | 1 | XXX | XXX | 3 | 2.1 | C1 | XXX | $0.00 |  |  |  |  |  |  |  | 69.045% | XXX |  |  | 70.000% |  |  | 70.000% |  |  |  |  | Yes | Yes |  |  |
| 224310684 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1850.00 | XXX | $1850.00 | Third Party Rental Source | $1707.53 |  | 0.000000 | 0.92 |  |  | 1.08 | 1.08 | $1707.53 |  |  | No |  |  |  | Long Term |  | $1850.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 785 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 785 | FICO II | 797 | Beacon 5 | 774 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 3 | 1 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 84.012% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224310685 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3500.00 | $3115.00 | XXX | $3400.00 | Multiple Sources | $3249.04 |  | 0.000000 | 0.96 |  |  | 1.05 | 1.05 | $3249.04 |  |  | Yes | 6/XX/2025 | 5/XX/2026 | 12 | Long Term | $3500.00 | $3115.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No | No |  | Experienced Investor | 9.07 | US Citizen |  | 722 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 722 | Fair Isaac (VER. 2) | 706 | FICO Classic V5 Facta | 727 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 60.000% | XXX |  |  | 123.953% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310686 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $8200.00 | $4800.00 | XXX | $8200.00 | Rent on Existing Lease | $5852.85 |  | 0.000000 | 0.71 |  |  | 1.40 | 1.4 | $5852.85 |  |  | Yes | 8/XX/2025 | 7/XX/2026 | 12 | Long Term | $4000.00 | $2400.00 | Yes | 8/XX/2025 | 7/XX/2026 | 12 | Long Term | $4200.00 | $2400.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | Experienced Investor |  | US Citizen |  | 792 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 5/XX/2025 | 783 | Fair Isaac (VER. 2) | 811 | FICO Classic V5 Facta | 792 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 2 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224310687 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $5000.00 | $4950.00 | XXX | $6534.52 | Multiple Sources | $6503.11 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $6503.11 |  |  | Yes |  |  |  | Long Term | $5000.00 | $4950.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 0.86 |  |  | 715 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 6/XX/2025 | 715 | Fair Isaac (VER. 2) | 709 | FICO Classic V5 Facta | 730 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 2 | C4 |  | $0.00 | $1584.52 |  |  |  |  |  |  | 75.000% | XXX |  |  | 106.505% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310688 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3100.00 | XXX | $4014.22 | Multiple Sources | $3622.29 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $3622.29 |  |  | No |  |  |  | Long Term |  | $3100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 787 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 52.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 2-Stated/Not Verified | Classic | 6/XX/2025 | 782 | FICO II | 787 | Beacon 5 | 794 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 | $914.22 |  |  |  |  |  |  | 85.000% | XXX |  |  | 85.000% |  |  | 85.000% |  |  |  |  |  |  |  |  |
| 224310689 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $3107.45 | Multiple Sources | $3107.45 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $3107.45 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 772 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 2.00% | Full Recourse | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 6/XX/2025 | 746 | FICO II | 772 | Beacon 5 | 773 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 3/XX/2025 | XXX | 1 | XXX | XXX | 5 | 3 | C1 | XXX | $0.00 | $107.45 |  |  |  |  |  |  | 79.994% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224310690 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1375.00 | XXX | $1375.00 | Third Party Rental Source | $1333.31 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $1333.31 |  |  | No |  |  |  | Long Term |  | $1375.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 775 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 3 | US Citizen |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 775 | Fair Isaac (VER. 2) | 755 | FICO Classic V5 Facta | 800 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 6 | 2 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 72.727% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224310698 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2150.00 | $2500.00 | XXX | $2500.00 | Third Party Rental Source | $2441.82 |  | 0.000000 | 0.98 |  |  | 1.02 | 1.02 | $2441.82 |  |  | Yes | 1/XX/2025 | 12/XX/2025 | 12 | Long Term | $2150.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 0.93 |  |  | 716 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 75.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 716 | Fair Isaac (VER. 2) | 696 | FICO Classic V5 Facta | 789 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 115.123% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310704 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2400.00 | $2600.00 | XXX | $2400.00 | Rent on Existing Lease | $1473.68 |  | 0.000000 | 0.61 |  |  | 1.63 | 1.63 | $1473.68 |  |  | Yes |  |  |  | Long Term | $1200.00 | $1300.00 | Yes |  |  |  | Long Term | $1200.00 | $1300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 2-Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor | 0.12 |  |  | 690 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Guarantor - Business Entity |  | XXX | XXX | 1 |  |  |  | Level 2-Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 664 | Fair Isaac (VER. 2) | 690 | FICO Classic V5 Facta | 696 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 2 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310709 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5700.00 | XXX | $5700.00 | Third Party Rental Source | $4184.86 |  | 0.000000 | 0.73 |  |  | 1.36 | 1.36 | $4184.86 |  |  | No |  |  |  | Long Term |  | $1900.00 | No |  |  |  | Long Term |  | $1900.00 | No |  |  |  | Long Term |  | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor | 0.06 |  |  | 742 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 763 | Fair Isaac (VER. 2) | 736 | FICO Classic V5 Facta | 742 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 3 | XXX | XXX | 9 | 3 | C4 |  | $0.00 |  |  |  |  |  |  |  | 85.000% | XXX |  |  | 110.390% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310715 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $6500.00 | $4500.00 | XXX | $6500.00 | Rent on Existing Lease | $6292.02 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $6292.02 |  |  | Yes | 8/XX/2025 | 8/XX/2026 | 12 | Long Term | $6500.00 | $4500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No | No | Experienced Investor |  | US Citizen | US Citizen | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 741 | Fair Isaac (VER. 2) | 741 | FICO Classic V5 Facta | 721 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 714 | Fair Isaac (VER. 2) | 760 | FICO Classic V5 Facta | 743 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2.1 | C2 | XXX | $0.00 |  |  |  |  |  |  |  | 76.596% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224310721 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term |  | $2000.00 | XXX | $2000.00 | Third Party Rental Source | $1629.29 |  | 0.000000 | 0.81 |  |  | 1.23 | 1.23 | $1629.29 |  |  | Yes | 3/XX/2025 | 9/XX/2025 | 6 | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 4 | No | No |  | Experienced Investor | 18.05 | Permanent Resident Alien |  | 673 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 4/XX/2025 | 696 | Fair Isaac (VER. 2) | 651 | FICO Classic V5 Facta | 673 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 57.333% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310729 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5300.00 | XXX | $5300.00 | Third Party Rental Source | $4096.45 |  | 0.000000 | 0.77 |  |  | 1.29 | 1.29 | $4096.45 |  |  | No |  |  |  | Long Term |  | $2800.00 | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 694 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 694 | Fair Isaac (VER. 2) | 681 | FICO Classic V5 Facta | 699 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 5/XX/2025 | XXX | 2 | XXX | XXX | 6 | 3 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 74.342% | XXX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 224310736 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2500.00 | XXX | $2500.00 | Third Party Rental Source | $1829.14 |  | 0.000000 | 0.73 |  |  | 1.37 | 1.37 | $1829.14 |  |  | No |  |  |  | Long Term |  | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 7 | No | No |  | Experienced Investor | 0.05 | US Citizen |  | 730 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 757 | Fair Isaac (VER. 2) | 725 | FICO Classic V5 Facta | 730 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 65.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310737 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2275.00 | XXX | $2275.00 | Third Party Rental Source | $1298.84 |  | 0.000000 | 0.57 |  |  | 1.75 | 1.75 | $1298.84 |  |  | No |  |  |  | Long Term |  | $1400.00 | No |  |  |  | Long Term |  | $875.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | First-Time Investor | 3.14 |  |  | 773 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Corp | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 773 | Fair Isaac (VER. 2) | 770 | FICO Classic V5 Facta | 774 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 2 | XXX | XXX | 4 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 120.000% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310738 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2000.00 | XXX | $2000.00 | Third Party Rental Source | $1412.82 |  | 0.000000 | 0.71 |  |  | 1.42 | 1.42 | $1412.82 |  |  | No |  |  |  | Long Term |  | $2000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No | No | No | Experienced Investor | 0.19 | Non-Permanent Resident Alien | US Citizen | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 2 | Non-Permanent Resident Alien |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 774 | Fair Isaac (VER. 2) | 787 | FICO Classic V5 Facta | 781 | FICO Risk Score Classic 04 | Individual | Individual |  | XXX | XXX | 2 | US Citizen |  |  | Level 1-Not Stated/Not Verified | 6/XX/2025 | 670 | Fair Isaac (VER. 2) | 715 | FICO Classic V5 Facta | 684 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 48.000% | XXX |  |  | 62.284% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224310740 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3350.00 | XXX | $5376.00 | Multiple Sources | $5375.53 |  | 0.000000 | 1 |  |  | 1.00 | 1 | $5375.53 |  |  | No |  |  |  | Long Term |  | $3350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 2 | No |  |  | Experienced Investor | 21.31 |  |  | 735 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 51.00% | Full Recourse | 30 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 2-Stated/Not Verified | Classic | 4/XX/2025 | 733 | FICO II | 735 | Beacon 5 | 769 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3.1 | C3 |  | $0.00 | $2026.00 |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224310741 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5400.00 | XXX | $5400.00 | Third Party Rental Source | $2836.12 |  | 0.000000 | 0.53 |  |  | 1.90 | 1.9 | $2836.12 |  |  | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 | No |  |  |  | Long Term |  | $1350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | 25.67 |  |  | 725 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 4 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 725 | Fair Isaac (VER. 2) | 729 | FICO Classic V5 Facta | 725 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 4 | XXX | XXX | 4 | 4 | C4 |  | $0.00 |  |  |  |  |  |  |  | 33.280% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463608 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $4351.79 |  | 0.413035 |  |  |  |  |  | $4351.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined |  |  |  | No |  |  |  | 1.31 |  |  | 767 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 33.00% | Full Recourse | 3 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 3-Stated/Verified as defined | Level 2-Stated/Not Verified | Classic | 5/XX/2025 | 776 | Fair Isaac (VER. 2) | 761 | FICO Classic V5 Facta | 767 | FICO Risk Score Classic 04 | 3 | XXX | XXX | 33.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 772 | Fair Isaac (VER. 2) | 758 | FICO Classic V5 Facta | 737 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2.1 | C3 |  |  | $40664.08 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463610 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $2590.18 |  | 0.464710 |  |  |  |  |  | $2590.18 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 3-Stated/Partially Verified |  |  |  | No |  |  |  |  |  |  | 743 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 5-Stated/Verified as defined | Classic | 3/XX/2025 | 751 | Fair Isaac (VER. 2) | 742 | FICO Classic V5 Facta | 743 | FICO Risk Score Classic 04 | 3 | XXX | XXX |  | Full Recourse | 2 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 5-Stated/Verified as defined | Classic | 3/XX/2025 | 737 | Fair Isaac (VER. 2) | 728 | FICO Classic V5 Facta | 723 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C2 | XXX |  | $33148.81 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463612 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes |  |  |  |  |  |  |  | $3088.59 |  | 0.020099 |  |  |  |  |  | $3088.59 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified |  |  |  | No |  |  |  | 5.31 |  |  | 778 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XXX | LLC | Business Entity | Unemployed | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | LLC | Business Entity | Unemployed |  | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Partially Verified | Classic | 4/XX/2025 | 802 | Fair Isaac (VER. 2) | 778 | FICO Classic V5 Facta | 756 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 2 | C3 |  |  | $710780.31 |  |  |  |  |  |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463614 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2300.00 | $2090.00 | XXX | $2090.00 | Third Party Rental Source | $1638.40 |  | 0.000000 | 0.78 |  |  | 1.28 | 1.28 | $1638.40 |  |  | Yes | 3/XX/2025 | 2/XX/2026 | 12 | Long Term | $2300.00 | $2090.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No | No |  | Experienced Investor | 0.64 | US Citizen |  | 787 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | 4/XX/2025 | 787 | Fair Isaac (VER. 2) | 783 | FICO Classic V5 Facta | 791 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 2 | 1.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  | 172.727% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224463615 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $5100.00 | XXX | $7050.00 | Multiple Sources | $6349.96 |  | 0.000000 | 0.9 |  |  | 1.11 | 1.11 | $6349.96 |  |  | No |  |  |  | Long Term |  | $5100.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor |  |  |  | 721 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 90.00% | Full Recourse | 3 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 3-Stated/Partially Verified | Classic | 5/XX/2025 | 728 | FICO II | 690 | Beacon 5 | 721 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C4 | XXX | $0.00 | $1950.00 |  |  |  |  |  |  | 77.778% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224463616 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2120.00 | $2300.00 | XXX | $2075.00 | Multiple Sources | $1604.19 |  | 0.000000 | 0.77 |  |  | 1.29 | 1.29 | $1604.19 |  |  | Yes | 9/XX/2021 | 8/XX/2022 | 12 | Long Term | $1375.00 | $1600.00 | Yes | 4/XX/2025 | 3/XX/2026 | 12 | Long Term | $745.00 | $700.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 2 | No |  |  | Experienced Investor |  |  |  | 781 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 2 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 781 | Fair Isaac (VER. 2) | 762 | FICO Classic V5 Facta | 783 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 | 5/XX/2025 | XXX | 2 | XXX | XXX | 5 | 4 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |
| 224463617 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2350.00 | $1900.00 | XXX | $2350.00 | Rent on Existing Lease | $2220.40 |  | 0.000000 | 0.94 |  |  | 1.06 | 1.06 | $2220.40 |  |  | Yes | 6/XX/2025 | 6/XX/2026 | 12 | Long Term | $2350.00 | $1900.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 0.65 |  |  | 771 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 50.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 743 | Fair Isaac (VER. 2) | 774 | FICO Classic V8 Facta | 771 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2 | C3 |  | $0.00 |  |  |  |  |  |  |  | 85.000% | XXX |  |  | 110.028% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224463618 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2925.00 | XXX | $2925.00 | Third Party Rental Source | $1779.03 |  | 0.000000 | 0.61 |  |  | 1.64 | 1.64 | $1779.03 |  |  | No |  |  |  | Long Term |  | $2925.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No |  |  | Experienced Investor | 2.88 |  |  | 770 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Corp | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 765 | Fair Isaac (VER. 2) | 784 | FICO Classic V5 Facta | 770 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3 | C1 |  | $0.00 |  |  |  |  |  |  |  | 61.275% | XXX |  |  | 1515.152% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224463619 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $2750.00 | $2300.00 | XXX | $2750.00 | Rent on Existing Lease | $2661.87 |  | 0.000000 | 0.97 |  |  | 1.03 | 1.03 | $2661.87 |  |  | Yes | 4/XX/2025 | 4/XX/2026 | 12 | Long Term | $2750.00 | $2300.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  |  | Experienced Investor | 0.92 |  |  | 773 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | LLC | Business Entity |  |  | XXX | 1 |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 4/XX/2025 | 738 | FICO II | 780 | Beacon 5 | 773 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4/XX/2025 |  | XXX | 1 | XXX | XXX | 4 | 3.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463620 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $1950.00 | $1835.00 | XXX | $1950.00 | Rent on Existing Lease | $1932.97 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $1932.97 |  |  | Yes | 7/XX/2025 | 7/XX/2026 | 12 | Long Term | $1950.00 | $1835.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 4 | No |  |  | Experienced Investor | 0.17 |  |  | 747 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX |  | Full Recourse | 1 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 7/XX/2025 | 747 | FICO II | 739 | Beacon 5 | 751 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 2.1 | C3 |  | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  | 98.620% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224463621 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $3000.00 | Third Party Rental Source | $3219.14 |  | 0.000000 | 1.07 |  |  | 0.93 | 0.93 | $3219.14 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 1 | No |  | No | First-Time Investor |  |  | US Citizen | 795 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Trust | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  | Individual | Trustee |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 6/XX/2025 | 807 | Fair Isaac (VER. 2) | 795 | FICO Classic V5 Facta | 776 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 6/XX/2025 | XXX | 1 | XXX | XXX | 2 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 50.000% | XXX |  |  | 50.000% |  |  | 50.000% |  |  |  |  |  |  |  |  |
| 224463622 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $3000.00 | XXX | $3000.00 | Third Party Rental Source | $2838.07 |  | 0.000000 | 0.95 |  |  | 1.06 | 1.06 | $2838.07 |  |  | No |  |  |  | Long Term |  | $3000.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Yes | XXX | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 686 | 71.52 |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 4-Stated/Verified as defined | 6/XX/2025 | 685 | Fair Isaac (VER. 2) | 718 | FICO Classic V5 Facta | 686 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 4/XX/2025 | XXX | 1 | XXX | XXX | 2 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 70.000% | XXX |  |  | 70.000% |  |  | 70.000% |  |  |  |  |  |  |  |  |
| 224463623 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2150.00 | XXX | $2150.00 | Third Party Rental Source | $2220.86 |  | 0.000000 | 1.03 |  |  | 0.97 | 0.97 | $2220.86 |  |  | No |  |  |  | Long Term |  | $2150.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 3-Stated/Partially Verified | No | 1 | 1 | No | No |  | First-Time Investor |  | US Citizen |  | 801 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Individual | Individual |  | XXX | XXX | 1 | US Citizen |  |  | Level 3-Stated/Partially Verified | 7/XX/2025 | 801 | Fair Isaac (VER. 2) | 814 | FICO Classic V5 Facta | 772 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7/XX/2025 | 7/XX/2025 | XXX | 1 | XXX | XXX | 4 | 2 | C3 | XXX | $0.00 |  |  |  |  |  |  |  | 74.789% | XXX |  |  | 75.000% |  |  | 75.000% |  |  |  |  |  |  |  |  |
| 224463624 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $1800.00 | XXX | $1800.00 | Third Party Rental Source | $1555.83 |  | 0.000000 | 0.86 |  |  | 1.16 | 1.16 | $1555.83 |  |  | No |  |  |  | Long Term |  | $1800.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 3 | No |  |  | Experienced Investor | 42.28 |  |  | 808 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 51.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 813 | Fair Isaac (VER. 2) | 808 | FICO Classic V5 Facta | 804 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 224463625 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | Yes | Long Term | $3200.00 | $2500.00 | XXX | $2500.00 | Third Party Rental Source | $1735.10 |  | 0.000000 | 0.69 |  |  | 1.44 | 1.44 | $1735.10 |  |  | Yes | 1/XX/2025 | 12/XX/2026 | 24 | Long Term | $3200.00 | $2500.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 4-Stated/Verified as defined | No | 1 | 2 | No |  |  | Experienced Investor | (0.24) |  |  | 786 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | LLC | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 100.00% | Full Recourse | 2 | US Citizen |  |  | Level 2-Stated/Not Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 6/XX/2025 | 784 | Fair Isaac (VER. 2) | 815 | FICO Classic V5 Facta | 786 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 |  | XXX | 1 | XXX | XXX | 3 | 1.1 | C4 |  | $0.00 |  |  |  |  |  |  |  | 75.000% | XXX |  |  | 97.107% | XXX |  |  |  |  |  |  |  |  |  |  |
| 224463626 | XXX | XXX |  |  | XXX | XXX | XXX | 1/XX/2000 | Yes | No | Long Term |  | $2350.00 | XXX | $2350.00 | Third Party Rental Source | $2323.06 |  | 0.000000 | 0.99 |  |  | 1.01 | 1.01 | $2323.06 |  |  | No |  |  |  | Long Term |  | $2350.00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | No |  | XXX | XXX | Level 1-Not Stated/Not Verified | No | 1 | 3 | No |  |  | Experienced Investor |  |  |  | 774 |  |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | No | XXX | Corp | Business Entity |  | XXX | XXX | 1 |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | XXX | XXX | 51.00% | Full Recourse | 4 | US Citizen |  |  | Level 3-Stated/Partially Verified | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified | Classic | 5/XX/2025 | 766 | Fair Isaac (VER. 2) | 774 | FICO Classic V5 Facta | 780 | FICO Risk Score Classic 04 | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6/XX/2025 | 5/XX/2025 | XXX | 1 | XXX | XXX | 3 | 1.1 | C4 | XXX | $0.00 |  |  |  |  |  |  |  | 80.000% | XXX |  |  | 80.000% |  |  | 80.000% |  |  |  |  |  |  |  |  |

---

## Exhibit 99.1

**Exhibit 99.1 Schedule 5**

---

| |
|:---|
| ![](ex99-1sch5_001.jpg) |
| **Data Compare (Non-Ignored)** |
| **Run Date - 11/19/2025 4:43:45 PM** |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 223651206 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224065194 | XXX | XXX |  |  | Representative FICO | 780 | 785 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224065194 | XXX | XXX |  |  | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224065194 | XXX | XXX |  |  | Mortgage Type | Conventional with MI | Conventional without MI | Verified | Field Value reflects Mortgage Type per the Note |
| 224065204 | XXX | XXX |  |  | Street | XXX | XXX | Verified | Field Value reflects Street per Note |
| 224065204 | XXX | XXX |  |  | Borrower First Name | XXX |  | Verified | Unable to verify due to missing information |
| 224065204 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224065204 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224065204 | XXX | XXX |  |  | First Payment Date |  | XXX | Verified | Field Value reflects First Payment Date per the Note |
| 224065204 | XXX | XXX |  |  | Amortization Term |  | 360 | Verified | Field Value reflects Amortization Term per Note |
| 224065204 | XXX | XXX |  |  | Maturity Date |  | XXX | Verified | Field Value reflects Maturity Date per the Note |
| 224065204 | XXX | XXX |  |  | Original P&I |  | 2517.51 | Verified | Field Value reflects Note value |
| 224065204 | XXX | XXX |  |  | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224065204 | XXX | XXX |  |  | Interest Only |  | 0 | Verified | Field Value reflects 'Interest Only' per the Note |
| 224065204 | XXX | XXX |  |  | Doc Type | XXX | XXX | Verified | Field Value reflects documentation located in origination file |
| 224065204 | XXX | XXX |  |  | Appraised Value | XXX | XXX | Verified | Field Value captured from Valuation model in file |
| 224065204 | XXX | XXX |  |  | Appraisal Effective Date |  | XXX | Verified | Tape Value reflects Appraisal Date |
| 224065204 | XXX | XXX |  |  | Product Description | Prime Connect | Fixed Rate | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | Neg Am |  | XXX | Verified | Field Value reflects Note 'Neg AM' per the Note |
| 224065204 | XXX | XXX |  |  | Borrower FTHB | XXX |  | Verified | Unable to verify due to missing information |
| 224065204 | XXX | XXX |  |  | Cash From Borrower |  | XXX | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | Total Income |  | 10681.96 | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | Investor: Qualifying Total Debt Ratio | 39.09 | 44.29786 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| 224065204 | XXX | XXX |  |  | Original HLTV |  | 75 | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | PITIA Reserves Months | 6.00 | 6.28 | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | Borrower Citizenship | US Citizen |  | Verified | Unable to verify due to missing information |
| 224065204 | XXX | XXX |  |  | Universal Loan Identifier (ULI) |  | XXX | Verified | Field value reflects source document |
| 224065204 | XXX | XXX |  |  | Appraisal As-Is Value | XXX |  | Verified | Unable to verify due to missing information |
| 224065204 | XXX | XXX |  |  | Borrower EIN |  | XXX | Verified | Field value reflects source document |
| 224065235 | XXX | XXX |  |  | Borrower First Name | XXX |  | Verified | Unable to verify due to missing information |
| 224065235 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224065235 | XXX | XXX |  |  | Property Type | Single Family Attached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224065235 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Unable to verify due to missing information |
| 224065240 | XXX | XXX |  |  | Borrower SSN |  | XXX | Verified | Field Value verified by application or other documentation in file |
| 224065240 | XXX | XXX |  |  | Coborrower Last Name |  | XXX | Verified | Field Value reflects Co-Borrower name as it appears on the Note |
| 224065240 | XXX | XXX |  |  | Coborrower SSN |  | XXX | Verified | Field Value verified by application or other documentation in file |
| 224065240 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224065240 | XXX | XXX |  |  | First Payment Date |  | XXX | Verified | Field Value reflects First Payment Date per the Note |
| 224065240 | XXX | XXX |  |  | Amortization Term |  | 360 | Verified | Field Value reflects Amortization Term per Note |
| 224065240 | XXX | XXX |  |  | Maturity Date |  | XXX | Verified | Field Value reflects Maturity Date per the Note |
| 224065240 | XXX | XXX |  |  | Original P&I | 0.00 | 1916.62 | Verified | Field Value reflects Note value |
| 224065240 | XXX | XXX |  |  | Interest Only |  | 0 | Verified | Field Value reflects 'Interest Only' per the Note |
| 224065240 | XXX | XXX |  |  | Cash To Borrower | XXX | XXX | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | Appraisal Effective Date |  | XXX | Verified | Tape Value reflects Appraisal Date |
| 224065240 | XXX | XXX |  |  | Product Description | Investor Connect | Fixed Rate | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | Neg Am |  | XXX | Verified | Field Value reflects Note 'Neg AM' per the Note |
| 224065240 | XXX | XXX |  |  | Borrower FTHB |  | XXX | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| 224065240 | XXX | XXX |  |  | Coborrower FTHB |  | XXX | Verified | Unable to verify due to missing information |
| 224065240 | XXX | XXX |  |  | Original HLTV |  | 75 | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | PITIA Reserves Months | 6.00 | 121.60 | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | Last Property Transfer Date |  | XXX | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | Loan Property Count | XXX | XXX | Verified | Field value reflects source document |
| 224065240 | XXX | XXX |  |  | Appraisal As-Is Value | XXX |  | Verified | Unable to verify due to missing information |
| 224065240 | XXX | XXX |  |  | Blanket Mortgage? |  | 0 | Verified | Field value reflects source document |
| 224081997 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082005 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082023 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082035 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082035 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082035 | XXX | XXX |  |  | Representative FICO | 731 | 707 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224082035 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Its Refinance. |
| 224082035 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.08 | 1.09 | Verified | Rounding |
| 224082040 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082050 | XXX | XXX |  |  | Street | XXX | XXX | Verified | Field Value reflects Street per Note |
| 224082050 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082054 | XXX | XXX |  |  | Zip | XXX | XXX | Verified | Field Value reflects Zip per Note |
| 224082055 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082063 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082071 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082071 | XXX | XXX |  |  | LTV Valuation Value | XXX | XXX | Verified | Field value reflects source document |
| 224082078 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082078 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.28 | 1.29 | Verified | Due to Rounding. |
| 224082088 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082091 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082091 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082118 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082118 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082118 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Refinance transaction |
| 224082118 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.30 | 1.31 | Verified | Due to rounding off |
| 224082159 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082159 | XXX | XXX |  |  | Representative FICO | 784 | 800 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224082160 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082160 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.13 | 1.14 | Verified | Due to rounding. |
| 224082193 | XXX | XXX |  |  | Representative FICO | 783 | 781 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224082193 | XXX | XXX |  |  | Property Type | Single Family | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224082199 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Bid Tape Field Value Not Provided |
| 224082206 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082206 | XXX | XXX |  |  | LTV Valuation Value | XXX | XXX | Verified | Property purchased with 6 months of note date (XXXX) |
| 224082208 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082208 | XXX | XXX |  |  | Original Term | 480 | 600 | Verified | Field Value reflects the Note value |
| 224082208 | XXX | XXX |  |  | Maturity Date | XXX | XXX | Verified | Field Value reflects Maturity Date per the Note |
| 224082216 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082222 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082222 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.03 | 1.04 | Verified | Due to round off |
| 224082225 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082225 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Bid Tape Field Value is not provided. |
| 224082225 | XXX | XXX |  |  | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224082225 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.12 | 1.13 | Verified | Due to rounding |
| 224082230 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082230 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.00 | 1.01 | Verified | Due to round off |
| 224082231 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082232 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082232 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Refinance transaction. |
| 224082234 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082234 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | This is a Refinance transaction. |
| 224082234 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 0.66 | 0.78 | Verified | Lender used the lower income from the lease and higher PITIA to calculate the DSCR. |
| 224082253 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082254 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082254 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082273 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082278 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082310 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082314 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082321 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082321 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224082346 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082353 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082353 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| 224082368 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082368 | XXX | XXX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224082368 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.05 | 1.06 | Verified | Due to Rounding. |
| 224082381 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224082404 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082472 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Refinance transaction |
| 224082476 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082476 | XXX | XXX |  |  | Property Type | Single Family | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224082476 | XXX | XXX |  |  | # of Units | 1 | 2 | Verified | Field value reflects source document |
| 224082476 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Cash out transaction. |
| 224082495 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.09 | 1.07 | Verified | Due to a higher payment verified for the Hazard and Flood insurance. |
| 224082499 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082499 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Refinance transaction. |
| 224082691 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224082705 | XXX | XXX |  |  | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| 224082707 | XXX | XXX |  |  | Representative FICO | 751 | 727 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224310646 | XXX | XXX |  |  | Representative FICO | 700 | 685 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224310648 | XXX | XXX |  |  | Amortization Term | 360 | 480 | Verified | Field Value reflects Amortization Term per Note |
| 224310648 | XXX | XXX |  |  | Maturity Date | XXX | XXX | Verified | Field Value reflects Maturity Date per the Note |
| 224310662 | XXX | XXX |  |  | Original LTV | XXX | XXX | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| 224310665 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310669 | XXX | XXX |  |  | Borrower First Name | XXX |  | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310669 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310676 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310688 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310688 | XXX | XXX |  |  | Representative FICO | 782 | 787 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224310690 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310704 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310704 | XXX | XXX |  |  | Representative FICO | 683 | 690 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| 224310704 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Refinance Transaction |
| 224310709 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310709 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Bid Tape Field Value is not provided. |
| 224310709 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Refinance transaction |
| 224310709 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.37 | 1.36 | Verified | Due to rounding. |
| 224310721 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.04 | 1.23 | Verified | Lender calculation was completed using higher PITIA amount of $XXXX. Verified and final PITIA total is $XXXX. |
| 224310729 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310737 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224310740 | XXX | XXX |  |  | City | XXX | XXX | Verified | Field Value reflects City per Appraisal |
| 224310740 | XXX | XXX |  |  | Contract Sales Price | XXX |  | Verified | Refinance Transaction |
| 224310740 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.07 | 1.00 | Verified | DSCR calculated based on Asset Depletion. Amounts used taken from the UW WS. DSCR total is 1.00. Amounts used match what is listed on UW WS. $$5376.00/$5375.54=1.00. |
| 224463608 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463610 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463612 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463615 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463615 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.09 | 1.11 | Verified | Lender used a slightly higher PITIA for the subject property. They used $XXXX and final PITIA was calculated to be $XXXX per loan documents. |
| 224463616 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463616 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |
| 224463616 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.32 | 1.29 | Verified | Using lower rents between appraisal and leases. $1375 from Lease and $700.00 from appraisal. $2075.00/$1604.19=1.29. <br> It appears lender used lease amounts for both units. Unable to verify 2 months of rent for Unit 2 in order to use the higher amount. |
| 224463617 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463618 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463619 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463621 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463624 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463624 | XXX | XXX |  |  | Subject Debt Service Coverage Ratio | 1.18 | 1.16 | Verified | Lender used $XXXX for the income amount and $XXXX is what can be verified with loan documnets. |
| 224463625 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463625 | XXX | XXX |  |  | Contract Sales Price | XXX | XXX | Verified | Refinance transaction. |
| 224463626 | XXX | XXX |  |  | Borrower Last Name | XXX | XXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| 224463626 | XXX | XXX |  |  | Note Date |  | XXX | Verified | Field Value reflects Note Date per the Note |

---

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_002.jpg)

![](ex99-2_001.jpg)

**EXECUTIVE SUMMARY**

**NRMLT 2025-NQM7**

**November 19, 2025**

**INFINITY INTERNATIONAL PROCESSING SERVICES, INC.**

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**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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**DESESCRIPTION OF THE DUE DILIGENCE PERFORMED**

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

Infinity IPS, Inc. ("Infinity") performed due diligence services as described below (the "Review"). All of these mortgage loans, which were originated by multiple parties, were purchased by Rithm Capital Corp. ("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 two hundred and forty-nine (249) mortgage loans that were originally reviewed from January 2025 to September 2025.

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

The mortgage loan review was broken down into the following review scopes:

▪ "Compliance Review" 133<sup>1</sup> Mortgage Loans

▪ "Credit Review" 249 Mortgage Loans

▪ "Property Review" 249 Mortgage Loans

▪ "Data Integrity" 249 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 two hundred and forty-nine (249) 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 Fag |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Look back Period | &nbsp;&nbsp;Borrower SSN |
| &nbsp;&nbsp;Credit Score | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Initial Roll Cap | &nbsp;&nbsp;Co-Borrower SSN |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;Mod Flag | &nbsp;&nbsp;Periodic Rate Cap |  |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Mod Date | &nbsp;&nbsp;Life Rate Cap |  |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Current Rate | &nbsp;&nbsp;Life Rate Floor |  |

---

<sup>1</sup> One hundred and sixteen (116) exempt loans were not subject to a compliance review and did not receive a compliance grade.

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

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

Infinity conducted a credit review for two hundred and forty-nine (249) 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 23 sets of guidelines provided for the review. Each loan was reviewed to the specific guideline provided on the loan approval. Please refer the Exhibit A.

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

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

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

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

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

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

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

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

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

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

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

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![](ex99-2_002.jpg)

**Business Purpose/DSCR Scope:** Infinity conducted a business purpose/property focused Investor review for seventy-four (74) 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 two hundred and forty-nine (249) mortgage loans. For these two hundred and forty-nine (249) 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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![](ex99-2_002.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 one hundred and thirty-three (133) mortgage loans. Please be advised that Infinity did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Infinity are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which Infinity is relying in reaching such findings.

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![](ex99-2_002.jpg)

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

*<u>Qualified Mortgage</u>*

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

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

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

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

 

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

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

 

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

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

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

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

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

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

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

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

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

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**(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;

&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;

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&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, Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency, LLC ("KBRA").

**OVERALL RESULTS SUMMARY (249 MORTGAGE LOANS)**

Infinity's review to NRSRO grading requirements covers two hundred and forty-nine (249) mortgage loans. Within those mortgage loans, Infinity graded two hundred and thirty-one (231) mortgage loans as "A" and eighteen (18) mortgage loans as "B".

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;133 | &nbsp;&nbsp;233 | &nbsp;&nbsp;247 | &nbsp;&nbsp;231 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;16 | &nbsp;&nbsp;2 | &nbsp;&nbsp;18 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**Fitch Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;93.57% | &nbsp;&nbsp;99.20% | &nbsp;&nbsp;92.77% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6.43% | &nbsp;&nbsp;0.80% | &nbsp;&nbsp;7.23% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**# of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;133 | &nbsp;&nbsp;233 | &nbsp;&nbsp;247 | &nbsp;&nbsp;231 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;16 | &nbsp;&nbsp;2 | &nbsp;&nbsp;18 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;**KBRA Grade** | &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Overall** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;93.57% | &nbsp;&nbsp;99.20% | &nbsp;&nbsp;92.77% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;6.43% | &nbsp;&nbsp;0.80% | &nbsp;&nbsp;7.23% |
| &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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**TAPE INTEGRITY REVIEW RESULTS SUMMARY (249 MORTGAGE LOANS)**

Of the two hundred and forty-nine (249) mortgage loans reviewed, 14 (5.62%) mortgage loans had tape discrepancies across two (2) unique data fields.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# of Variances** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;249 | &nbsp;&nbsp;0.40% |
| &nbsp;&nbsp;Residual Income | &nbsp;&nbsp;13 | &nbsp;&nbsp;249 | &nbsp;&nbsp;5.22% |

---

**ADDITIONAL LOAN POPULATION SUMMARY (249 MORTGAGE LOANS)**

\* Total may not sum to total due to rounding.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original<br> Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;249 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$148207202.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**249** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$148207202.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original<br> Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;249 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$148207202.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**249** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$148207202.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original<br> Balance** |
| &nbsp;&nbsp;Cash Out: Other/Multi- purpose/Unknown | &nbsp;&nbsp;47 | &nbsp;&nbsp;18.88% | &nbsp;&nbsp;$20229670.00 | &nbsp;&nbsp;13.65% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;25 | &nbsp;&nbsp;10.04% | &nbsp;&nbsp;$10645147.00 | &nbsp;&nbsp;7.18% |
| &nbsp;&nbsp;Other than first time Home Purchase | &nbsp;&nbsp;146 | &nbsp;&nbsp;58.63% | &nbsp;&nbsp;$91592022.00 | &nbsp;&nbsp;61.80% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower initiated | &nbsp;&nbsp;31 | &nbsp;&nbsp;12.45% | &nbsp;&nbsp;$25740363.00 | &nbsp;&nbsp;17.37% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**249** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$148207202.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Amortization Term** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original<br> Balance** |
| &nbsp;&nbsp;240 Months | &nbsp;&nbsp;23 | &nbsp;&nbsp;9.24% | &nbsp;&nbsp;$10952900.00 | &nbsp;&nbsp;7.39% |
| &nbsp;&nbsp;360 Months | &nbsp;&nbsp;226 | &nbsp;&nbsp;90.76% | &nbsp;&nbsp;$137254302.00 | &nbsp;&nbsp;92.61% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**249** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$148207202.00** | &nbsp;&nbsp;**100.00%** |

---

17 \| P a g e

![](ex99-2_002.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Original<br> Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;120 | &nbsp;&nbsp;48.19% | &nbsp;&nbsp;$88257689.00 | &nbsp;&nbsp;59.55% |
| &nbsp;&nbsp;Secondary | &nbsp;&nbsp;13 | &nbsp;&nbsp;5.22% | &nbsp;&nbsp;$8959500.00 | &nbsp;&nbsp;6.05% |
| &nbsp;&nbsp;Investor | &nbsp;&nbsp;116 | &nbsp;&nbsp;46.59% | &nbsp;&nbsp;$50990013.00 | &nbsp;&nbsp;34.40% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**249** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$148207202.00** | &nbsp;&nbsp;**100.00%** |

---

**Exhibit A**

---

| |
|:---|
| &nbsp;&nbsp;**Guidelines** |
| &nbsp;&nbsp;Newrez SmartEdge Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartEdge Product Summary 7-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartSelf Bank Statement and 1099 Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartSelf Bank Statement, 1099 and P&L Product Summary 7-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartVest Product Summary 4-24-25.pdf |
| &nbsp;&nbsp;Newrez SmartVest Product Summary 7-30-25.pdf |
| &nbsp;&nbsp;Smart Vest Product 1-23-25.pdf |
| &nbsp;&nbsp;SmartEdge Product Profile 12-20-24.pdf |
| &nbsp;&nbsp;SmartEdge Product Profile 5-30-25 - Correspondent only.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary 5-30-25.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary Correspondent 4-24-25.pdf |
| &nbsp;&nbsp;SmartEdge Product Summary_Correspondent 10-17-24.pdf |
| &nbsp;&nbsp;SmartSelf Bank Statement and 1099 Product Summary - 10-22-24.pdf |
| &nbsp;&nbsp;SmartSelf Bank Statement and 1099 Product Summary 01-23-25.pdf |
| &nbsp;&nbsp;SmartSelf Bank Statement, 1099 and P&L Product Summary 5-30-25.pdf |
| &nbsp;&nbsp;SmartSelf Product Profile 12-20-24.pdf |
| &nbsp;&nbsp;SmartSelf Product Profile 5-30-25 - Correspondent only.pdf |
| &nbsp;&nbsp;SmartSelf Product Summary Correspondent 4-24-25.pdf |
| &nbsp;&nbsp;SmartSelf Product Summary_Correspondent 10-17-24.pdf |
| &nbsp;&nbsp;SmartVest Product Profile 12-24-25.pdf |
| &nbsp;&nbsp;SmartVest Product Profile 5-30-25 - Correspondent only.pdf |
| &nbsp;&nbsp;SmartVest Product Summary 5-30-25.pdf |
| &nbsp;&nbsp;SmartVest Product Summary Correspondent 4-24-25.pdf |

---

18 \| P a g e

## Exhibit 99.2

**Exhibit 99.2 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| DX4AACT2CJC | XX |  | 08/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 03/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 3.2 |
| F3JGNQ0Q2C2 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| J3BO1WIVZ51 | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable | XXXX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 17.568% | XX | 04/XX/2025 | Not Applicable | Not Applicable | 1 |
| ONO4HCYCG1N | XX |  | 04/XX/2025 | XX | Not Applicable | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.7 |
| SNF2MIQMWSU | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 1.306% | XX | 03/XX/2025 | No | 4 | 2.6 |
| 5IETX4IM4O5 | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | XX | -4.762% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| ANM2SQFJHDX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.7 |
| I33URLKN5WC | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| B2NAN4LSF1B | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.6 |
| 341GCKWYZHX | XX |  | 05/XX/2025 | XX | XX | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -2.632% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 1.2 |
| 3QHQBBF25GV | XX |  | 05/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 3.2 |
| 4FUMCYXHOBR | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 03/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.656% | XX | 04/XX/2025 | No | 5 | 3.5 |
| BCLI2PA0SYQ | XX |  | 05/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| RELCR0O1HQ4 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.2 |
| ZWYOXBFL3SC | XX |  | 07/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.7 |
| J5LK4G5BNCM | XX |  | 07/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 5TJJNBJD4CR | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| BFWJ3X5ZLK4 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| SQM511P0XUB | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| BMMWCBPGNE5 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.2 |
| LXDMNBYIPRS | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.3 |
| BBRG4NRKA12 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 0.299% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.299% | XX | 06/XX/2025 | No | 3.5 | 1 |
| 4QJKV5FBJYT | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 2.3 |
| AN3PUPN2STN | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 3.6 |
| EJHTV03UIFL | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| QP0EGBKWACO | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 3.9 |
| 4OR5GWIEPTY | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.3 |
| NYY4WT2ZHVH | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.600% | XX | 05/XX/2025 | No | 4.5 | 4.6 |
| EJUV1RT4TJE | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.8 |
| CXQF1I0U0VG | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 3 |
| ESZVU5WMA05 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 5 |
| KENRFCTEGDZ | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.8 |
| JNYXHM1DE1E | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| JWOZMFCR1XI | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 13.636% | XX | 06/XX/2025 | Unavailable | Unavailable | 4.1 |
| FBTSERAXCLL | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 43.287% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 3.8 |
| TPXXWMPCLCN | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Unavailable | 1 |
| AYOKI520YEV | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.359% | XX | 06/XX/2025 | No | Unavailable | 4.1 |
| EYN41UOKTJJ | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 4.6 |
| MHMD4V0C0MQ | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -6.198% | XX | 06/XX/2025 | No | Not Applicable | 3.3 |
| WOJIFDRPDYM | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 2.1 |
| SBEVNZVWOY1 | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| E2E42NBVSJA | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| CQSEC1NOHD3 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| DS4SELEEBR3 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.7 |
| RO2YIM4UBFQ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| HVDJCK3SGTC | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| XXA2KZTHRXN | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.2 |
| GQIQW1HHHDP | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.8 |
| 0D4E3Z5LRVO | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.8 |
| ZYBEH3LJEOE | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 2.6 |
| 4BYXRQPU41J | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | -3.125% | XX | 07/XX/2025 | No | Unavailable | Unavailable |
| EGOM1SK1DGY | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| GEHCDWA1WZG | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| UFOL4PIUBFP | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.5 |
| IDUGPAQLPNO | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.3 |
| 1N4ZLYN3XFS | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 2.7 |
| GU0BOAHR0SY | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| BP535ZEAZ0R | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| T2JECF1E11Q | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -2.564% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Not Applicable |
| TRUF11LKYSZ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -5.609% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| WJDI5GQSGDR | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -3.883% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| QL21EZUXRIL | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 2.9 |
| 0Z0D3ZGFVSD | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.3 |
| 5JYSTYU33XY | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | XX | 8.197% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| 51OW0DNTFTW | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| XBQTAWV0ICW | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 4.8 |
| LASBLUSPQDA | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.1 |
| P13GM24YXVY | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| ENZTC22KLB1 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| DVK5UTZ00OZ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 40EMTLKOX5V | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| YIKR1HMH13S | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.4 |
| T0QXE4TTCQU | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 2OR21YMC4CN | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| IHM4JAONZCO | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.3 |
| RGKRB0QUDKB | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| FWPT2VGFX0P | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| IETJ2OBYSIY | XX |  | 05/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| KWVIP5LSYEV | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| FLB5WVQAV0Z | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| MEXCJHP3K43 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| PCOI4Y2E1KJ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| WLJRDTSTIKJ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 2.3 |
| FDD5OE2SXFN | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2 |
| JCZ0FQGUWGE | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| OUXVSOWDEHB | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.5 | 3.3 |
| A0Q4Y5VS5MT | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 4.3 |
| I5LVTXPSINI | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| SSTPETRA1NG | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.3 |
| HT3N3WGBF5T | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| HH53NZ3POWJ | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.2 |
| WVJ3O0WJMGC | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -9.848% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| 5ILA2FR1RHS | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.2 |
| M4BA1SE3OOW | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2 |
| OVB3UBPCFAV | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.1 |
| LZRQFIFSXEP | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 2 |
| YVFFRWAJD5E | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.3 |
| 1ID3XA14NRK | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 2.2 |
| SHAN1I4VG1S | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| VPEJIUTLXKG | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| FHCH3RXUU3F | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.1 |
| WCM0ICA0LKN | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| KUKSWW3DY44 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.2 |
| QBEGGTRIIWF | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 1 |
| 1BKCVKCTIHS | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| RR23QRPINHC | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| UVRE4ZIRVTS | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| GMB5Q2X33GB | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 0JPNJGCSGWD | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| MDBFJZNCBEF | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | 7.884% | XX | 07/XX/2025 | No | Unavailable | 4.7 |
| W3N2ZVKDLVU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2 |
| Q5HWAOEVQSI | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1.6 |
| RAUJ24CCWLY | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 0N1IXMDXMGP | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| CKBDDBQ3IGT | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| CGKWYVLXXJY | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -7.273% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.9 |
| VT11VKV3TXM | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 3.4 |
| MPN4ZIB0IAG | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 5 |
| 0RZQSTYUUNX | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.6 |
| A3151WENDVG | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 2.1 |
| GRRHUM2RNMU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.8 |
| YXJKWAXELO1 | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal | XX | XX | -3.453% | XX | 0.08 | 06/XX/2025 | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| RCD5K0KZ2F1 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.7 |
| D2LWJLZ2WLV | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| MGIEKAMH2QV | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 4 |
| DHUHMT03SM3 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 3J0KAS0ZY0V | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.1 |
| AO2JLKSQF3S | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| XEPJBODWVRU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| TCFO52AW0XG | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -9.286% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| WJ2HSSDOOQC | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| HH0R3P1IWC4 | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| U312B5E2B20 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.6 |
| H2LLDWU0IWF | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.4 |
| 1ZKITQ1F3BE | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2 |
| PC4ZUN5UQO2 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 3.7 |
| Z3444THY2KL | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1 |
| PIGVZKX4KP1 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.2 |
| LXUH0GWGKMH | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| F3LE4DVNSUV | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2 |
| 4Y552EEQYSF | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 5K1WOVY2LM5 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2 | 3.1 |
| RIYO0VQSHD1 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.6 |
| KWO0AXR00P0 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 1CCE3534OX2 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 0ZUBWLCRDQC | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1.8 |
| 3VYYXI04A5Z | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 2.2 |
| BKRATOROISP | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.3 |
| 2KUSO5NTQXU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 2HQTOSQEPXK | XX |  | 05/XX/2025 | XX | Not Applicable | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | XX | -4.698% | XX | 04/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.8 |
| BWM0LLQEJAR | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| NIMC51WX3AP | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| B5JR1QMYBIF | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.2 |
| UA0CP0S5ZEM | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| IA3PLG0MUBC | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| SW5XHBTTTUE | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1.9 |
| W1D1P4PKSOK | XX |  | 08/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 1.1 |
| ZIHRI1YWQAF | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.4 |
| NEAZCKGHLIU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.4 |
| ZRHSG1WPAJR | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| DDGKT4GWZ2Y | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| VVO2SCWVCPW | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 3.7 |
| WES2TPMFI1O | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| ATTQDNDJWDN | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1.6 |
| 1W1UW5EB5BQ | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| DLR5B1NWFP4 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| V0511ASA25L | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | Unavailable |
| 5EW4MR5ZP3F | XX |  | 06/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| NCXX0UHB3VS | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| OJEQOSR433B | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| VNUBZYYELDU | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| M4T23EK4YJ2 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| E2UTBV5X5M5 | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| PNUIKXV3AQH | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 1BH1OSHRPH0 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| SMD2TYUQ2QT | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Unavailable |
| HX14ZIJHXUG | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| Z2YPQNFNGYV | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| ES13D0MMM0M | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| ZUTTALYQWYW | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| IH2QAENC1RG | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 20.313% | XX | 07/XX/2025 | No | Not Applicable | 1 |
| WUA0LRHH5R1 | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| Q5V0BXRH0Y3 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 4.5 |
| JPYXQN0PDS2 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| LE41U1FDU2Q | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| K3U2124AW3Q | XX |  | 12/XX/2024 | XX | XX | XX | XX | 12/XX/2024 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 12/XX/2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 3.3 |
| 01OC0JM2DUX | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| IWQQPZG322O | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1.8 |
| CI55DBO0OLL | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2 |
| PSFRBVXHQYU | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Unavailable | 2.6 |
| JKLRLF0CLLK | XX |  | 05/XX/2025 | XX | Not Applicable | XX | XX | 04/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.1 |
| MIAAL1MM33X | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| V32UPFVXYRL | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 3 |
| XUIHANAPB4E | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1.2 |
| 3PWFCEMBJWD | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| FN0KM3GLNXV | XX |  | 08/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| GSQAGXAOSWA | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.8 |
| SDSBL0I0SHO | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 2SXLCTFDCOT | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.5 | 2.8 |
| UQCFVSALYBE | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| ZX4TYYSLTUQ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| EA2KPXR5CVC | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 3.1 |
| ISSD3FKOVZS | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 05EN23CMRCZ | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | 4.980% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 23.822% | XX | 07/XX/2025 | No | Unavailable | 1 |
| SHRXKWMRLZJ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| 3SLC3BGNDND | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 4QYKR304K32 | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 2.9 |
| FEFPAPHJKXI | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| I5YR5ZOFQYM | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| JQUTGJ2QLAO | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| 1APNJX1EMTF | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 1 |
| BTRO1TGK5UA | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| AOSJKAZA51F | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| E1IKUQGHK1N | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.5 | 1.4 |
| ASJ5FVADJA5 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| ENC0E1N024L | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1 |
| NAL1PWZXDYE | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -0.806% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 3 |
| CIQZ2XQAP3Z | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1.9 |
| CKFDSDTEOXY | XX |  | 08/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 2.1 |
| E4LZZOEXQFC | XX |  | 07/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | Not Applicable |
| IUCWCNHTECC | XX |  | 08/XX/2025 | XX | XX | XX | XX | 08/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.5 | 1 |
| 401PJEB3PWF | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| 3ZJJHLV4W3F | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| 0O5GDUHHIYR | XX |  | 06/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.6 |
| YFSHBZHA3CN | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1.6 |
| E45T43UWKSG | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.333% | XX | 06/XX/2025 | No | 4 | 1.2 |
| X5XNRY3WTN0 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 04/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 1.1 |
| JL3TRI2X3LR | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 3.5 |
| ATGUQDHZ5WP | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | 1 |
| 0P30OYEJCV1 | XX |  | 06/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 2.9 |
| R425TBG05DP | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | 1 |
| PUCX0KKRNJZ | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 1 |
| KCCTECXIDJE | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  | XX | XX | 0.575% | XX | 06/XX/2025 | Yes | 2.5 | 1 |
| JBYNK0OA3GI | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.5 |
| 2EFDGOZSA3O | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | Unavailable | Unavailable |
| 14I1DOH2AIT | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 2.1 |
| RCIBO0IF0YA | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| A2CSNOJIAB1 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.5 | 4 |
| J1LFGHRLPAH | XX |  | 07/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| IFPNVVBFLSB | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.5 | 1.5 |
| OBNONAJ1EL5 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| ILVUCH5JSUK | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4 | 3.3 |
| HEMLB0QOLR3 | XX |  | 08/XX/2025 | XX | XX | XX | XX | 05/XX/2025 | 1025 2-4 Family Property |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 05/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | Not Applicable |
| SSBUL0SCCVH | XX |  | 08/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1073 Condominiums |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Applicable | Not Applicable | 1 |
| Z2RUZOYE0RU | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1 |
| YWY0WY0UP12 | XX |  | 07/XX/2025 | XX | Not Applicable | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 06/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Not Applicable | 1.9 |
| PHQFJIKADYT | XX |  | 07/XX/2025 | XX | XX | XX | XX | 06/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | XX | -6.667% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5 | 3 |
| QPO1QMSISPR | XX |  | 08/XX/2025 | XX | XX | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 08/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Unavailable | 1 |
| SVEMTPDNJY3 | XX |  | 08/XX/2025 | XX | Not Applicable | XX | XX | 07/XX/2025 | 1004 Residential Appraisal |  |  |  |  |  |  | XX | $0.00 | 0.000% | XX | 07/XX/2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3 | 3.4 |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 2**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 01OC0JM2DUX | XX | XX | Oklahoma | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 05EN23CMRCZ | XX | XX | North Carolina | 8/xx/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| 0D4E3Z5LRVO | XX | XX | California | 8/xx/2025 | Investor | Refinance 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 |
| 0JPNJGCSGWD | XX | XX | Colorado | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 0N1IXMDXMGP | XX | XX | California | 8/xx/2025 | Primary | Refinance B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 0O5GDUHHIYR | XX | XX | Florida | 6/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 0P30OYEJCV1 | XX | XX | California | 6/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 0RZQSTYUUNX | XX | XX | Minnesota | 8/xx/2025 | Investor | Purchase 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 |
| 0Z0D3ZGFVSD | XX | XX | Minnesota | 8/xx/2025 | Investor | Purchase 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 |
| 0ZUBWLCRDQC | XX | XX | Georgia | 6/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 14I1DOH2AIT | XX | XX | Florida | 8/xx/2025 | Investor | Purchase 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 |
| 1APNJX1EMTF | XX | XX | California | 8/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 1BH1OSHRPH0 | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 1BKCVKCTIHS | XX | XX | Florida | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 1CCE3534OX2 | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 1ID3XA14NRK | XX | XX | Florida | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 1N4ZLYN3XFS | XX | XX | California | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 1W1UW5EB5BQ | XX | XX | Florida | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 1ZKITQ1F3BE | XX | XX | Texas | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 2EFDGOZSA3O | XX | XX | Illinois | 8/xx/2025 | Investor | Cash Out 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 |
| 2HQTOSQEPXK | XX | XX | California | 5/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 2KUSO5NTQXU | XX | XX | Texas | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 2OR21YMC4CN | XX | XX | New Jersey | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 2SXLCTFDCOT | XX | XX | Nevada | 8/xx/2025 | Primary | Cash Out B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 341GCKWYZHX | XX | XX | South Carolina | 5/xx/2025 | Investor | Purchase 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 |
| 3J0KAS0ZY0V | XX | XX | Oklahoma | 7/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 3PWFCEMBJWD | XX | XX | Texas | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 3QHQBBF25GV | XX | XX | North Carolina | 5/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 3SLC3BGNDND | XX | XX | Florida | 8/xx/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| 3VYYXI04A5Z | XX | XX | Ohio | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 3ZJJHLV4W3F | XX | XX | Ohio | 7/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 401PJEB3PWF | XX | XX | California | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 40EMTLKOX5V | XX | XX | Florida | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 4BYXRQPU41J | XX | XX | Michigan | 7/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 4FUMCYXHOBR | XX | XX | Wisconsin | 7/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 4OR5GWIEPTY | XX | XX | California | 6/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 4QJKV5FBJYT | XX | XX | Washington | 7/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 4QYKR304K32 | XX | XX | Texas | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 4Y552EEQYSF | XX | XX | Illinois | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 51OW0DNTFTW | XX | XX | Georgia | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 5EW4MR5ZP3F | XX | XX | South Carolina | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 5IETX4IM4O5 | XX | XX | Connecticut | 5/xx/2025 | Investor | Purchase 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 |
| 5ILA2FR1RHS | XX | XX | Georgia | 7/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| 5JYSTYU33XY | XX | XX | Pennsylvania | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| 5K1WOVY2LM5 | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| 5TJJNBJD4CR | XX | XX | Maryland | 6/xx/2025 | Investor | Purchase B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| A0Q4Y5VS5MT | XX | XX | Florida | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| A2CSNOJIAB1 | XX | XX | California | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| A3151WENDVG | XX | XX | Missouri | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| AN3PUPN2STN | XX | XX | Tennessee | 7/xx/2025 | Secondary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| ANM2SQFJHDX | XX | XX | Indiana | 5/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| AO2JLKSQF3S | XX | XX | Massachusetts | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| AOSJKAZA51F | XX | XX | Colorado | 8/xx/2025 | Investor | Cash Out 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 |
| ASJ5FVADJA5 | XX | XX | California | 6/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| ATGUQDHZ5WP | XX | XX | Ohio | 8/xx/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| ATTQDNDJWDN | XX | XX | California | 6/xx/2025 | Investor | Cash Out 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 |
| AYOKI520YEV | XX | XX | Iowa | 7/xx/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| B2NAN4LSF1B | XX | XX | North Carolina | 5/xx/2025 | Investor | Purchase 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 |
| B5JR1QMYBIF | XX | XX | Georgia | 7/xx/2025 | Primary | Purchase B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| BBRG4NRKA12 | XX | XX | Arizona | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| BCLI2PA0SYQ | XX | XX | California | 5/xx/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| BFWJ3X5ZLK4 | XX | XX | Maryland | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| BKRATOROISP | XX | XX | Washington | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| BMMWCBPGNE5 | XX | XX | Florida | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| BP535ZEAZ0R | XX | XX | Illinois | 8/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| BTRO1TGK5UA | XX | XX | Colorado | 8/xx/2025 | Primary | Refinance B | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A C B D | C | A |
| BWM0LLQEJAR | XX | XX | Florida | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| CGKWYVLXXJY | XX | XX | Pennsylvania | 6/xx/2025 | Investor | Refinance 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 |
| CI55DBO0OLL | XX | XX | Illinois | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| CIQZ2XQAP3Z | XX | XX | Indiana | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| CKBDDBQ3IGT | XX | XX | North Carolina | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| CKFDSDTEOXY | XX | XX | Hawaii | 8/xx/2025 | Investor | Purchase 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 |
| CQSEC1NOHD3 | XX | XX | Massachusetts | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| CXQF1I0U0VG | XX | XX | Tennessee | 7/xx/2025 | Investor | Cash Out 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 |
| D2LWJLZ2WLV | XX | XX | Colorado | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| DDGKT4GWZ2Y | XX | XX | Texas | 8/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| DHUHMT03SM3 | XX | XX | Georgia | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| DLR5B1NWFP4 | XX | XX | Ohio | 8/xx/2025 | Investor | Purchase 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 |
| DS4SELEEBR3 | XX | XX | Florida | 7/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| DVK5UTZ00OZ | XX | XX | Florida | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| DX4AACT2CJC | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| E1IKUQGHK1N | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| E2E42NBVSJA | XX | XX | California | 7/xx/2025 | Investor | Purchase 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 |
| E2UTBV5X5M5 | XX | XX | Texas | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| E45T43UWKSG | XX | XX | California | 6/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| E4LZZOEXQFC | XX | XX | Florida | 7/xx/2025 | Investor | Purchase B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| EA2KPXR5CVC | XX | XX | Utah | 8/xx/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| EGOM1SK1DGY | XX | XX | North Carolina | 7/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| EJHTV03UIFL | XX | XX | Washington | 6/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| EJUV1RT4TJE | XX | XX | Massachusetts | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ENC0E1N024L | XX | XX | Alaska | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ENZTC22KLB1 | XX | XX | California | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| ES13D0MMM0M | XX | XX | Florida | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ESZVU5WMA05 | XX | XX | North Carolina | 7/xx/2025 | Investor | Purchase 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 |
| EYN41UOKTJJ | XX | XX | Wisconsin | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| F3JGNQ0Q2C2 | XX | XX | Pennsylvania | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| F3LE4DVNSUV | XX | XX | Hawaii | 6/xx/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| FBTSERAXCLL | XX | XX | Ohio | 7/xx/2025 | Investor | Cash Out A | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D | Not Applicable | Not Applicable D |
| FDD5OE2SXFN | XX | XX | Georgia | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| FEFPAPHJKXI | XX | XX | California | 8/xx/2025 | Investor | Purchase 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 |
| FHCH3RXUU3F | XX | XX | California | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| FLB5WVQAV0Z | XX | XX | California | 7/xx/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| FN0KM3GLNXV | XX | XX | New York | 8/xx/2025 | Investor | Purchase 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 |
| FWPT2VGFX0P | XX | XX | South Carolina | 8/xx/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| GEHCDWA1WZG | XX | XX | Tennessee | 7/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| GMB5Q2X33GB | XX | XX | Indiana | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| GQIQW1HHHDP | XX | XX | Florida | 8/xx/2025 | Investor | Purchase 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 |
| GRRHUM2RNMU | XX | XX | Utah | 8/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| GSQAGXAOSWA | XX | XX | Indiana | 8/xx/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| GU0BOAHR0SY | XX | XX | Florida | 7/xx/2025 | Investor | Purchase 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 |
| H2LLDWU0IWF | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| HEMLB0QOLR3 | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| HH0R3P1IWC4 | XX | XX | New Jersey | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| HH53NZ3POWJ | XX | XX | Florida | 6/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| HT3N3WGBF5T | XX | XX | Florida | 8/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| HVDJCK3SGTC | XX | XX | North Carolina | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| HX14ZIJHXUG | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| I33URLKN5WC | XX | XX | South Dakota | 5/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| I5LVTXPSINI | XX | XX | Louisiana | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| I5YR5ZOFQYM | XX | XX | Illinois | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| IA3PLG0MUBC | XX | XX | California | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| IDUGPAQLPNO | XX | XX | Tennessee | 7/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| IETJ2OBYSIY | XX | XX | Florida | 5/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| IFPNVVBFLSB | XX | XX | California | 8/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| IH2QAENC1RG | XX | XX | California | 8/xx/2025 | Primary | Cash Out B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| IHM4JAONZCO | XX | XX | Arizona | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| ILVUCH5JSUK | XX | XX | Tennessee | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| ISSD3FKOVZS | XX | XX | Florida | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| IUCWCNHTECC | XX | XX | Florida | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| IWQQPZG322O | XX | XX | California | 8/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| J1LFGHRLPAH | XX | XX | Ohio | 7/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| J3BO1WIVZ51 | XX | XX | North Carolina | 6/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A D |
| J5LK4G5BNCM | XX | XX | Florida | 7/xx/2025 | Investor | Purchase 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 |
| JBYNK0OA3GI | XX | XX | Colorado | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| JCZ0FQGUWGE | XX | XX | Georgia | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| JKLRLF0CLLK | XX | XX | Texas | 5/xx/2025 | Primary | Cash Out B A | A B D | D | A B D | D | A B D | D | A B D | D | A B D | D | A B |
| JL3TRI2X3LR | XX | XX | Georgia | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| JNYXHM1DE1E | XX | XX | California | 6/xx/2025 | Investor | Purchase B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| JPYXQN0PDS2 | XX | XX | Indiana | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| JQUTGJ2QLAO | XX | XX | California | 8/xx/2025 | Investor | Refinance 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 |
| JWOZMFCR1XI | XX | XX | Florida | 7/xx/2025 | Secondary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| K3U2124AW3Q | XX | XX | California | 12/xx/2024 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| KCCTECXIDJE | XX | XX | New Jersey | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| KENRFCTEGDZ | XX | XX | Illinois | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| KUKSWW3DY44 | XX | XX | Florida | 8/xx/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| KWO0AXR00P0 | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| KWVIP5LSYEV | XX | XX | Washington | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| LASBLUSPQDA | XX | XX | Arkansas | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| LE41U1FDU2Q | XX | XX | Colorado | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| LXDMNBYIPRS | XX | XX | California | 6/xx/2025 | Primary | Refinance A | A | A | A | A | A | A | A | A | A | A | A |
| LXUH0GWGKMH | XX | XX | Georgia | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| LZRQFIFSXEP | XX | XX | Colorado | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| M4BA1SE3OOW | XX | XX | Utah | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| M4T23EK4YJ2 | XX | XX | Utah | 6/xx/2025 | Primary | Purchase B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| MDBFJZNCBEF | XX | XX | Washington | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| MEXCJHP3K43 | XX | XX | Colorado | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| MGIEKAMH2QV | XX | XX | New York | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| MHMD4V0C0MQ | XX | XX | California | 7/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| MIAAL1MM33X | XX | XX | Florida | 6/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| MPN4ZIB0IAG | XX | XX | Tennessee | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| NAL1PWZXDYE | XX | XX | New Jersey | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| NCXX0UHB3VS | XX | XX | South Carolina | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| NEAZCKGHLIU | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| NIMC51WX3AP | XX | XX | Arizona | 8/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| NYY4WT2ZHVH | XX | XX | California | 6/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| OBNONAJ1EL5 | XX | XX | Missouri | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| OJEQOSR433B | XX | XX | Ohio | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| ONO4HCYCG1N | XX | XX | Utah | 4/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| OUXVSOWDEHB | XX | XX | Oklahoma | 7/xx/2025 | Investor | Refinance 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 |
| OVB3UBPCFAV | XX | XX | Florida | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| P13GM24YXVY | XX | XX | Florida | 8/xx/2025 | Investor | Purchase B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| PC4ZUN5UQO2 | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| PCOI4Y2E1KJ | XX | XX | Florida | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| PHQFJIKADYT | XX | XX | Florida | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| PIGVZKX4KP1 | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A C | C | A C | C | A C | C | A C | C | A C | C | A |
| PNUIKXV3AQH | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| PSFRBVXHQYU | XX | XX | Oklahoma | 7/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| PUCX0KKRNJZ | XX | XX | Florida | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| Q5HWAOEVQSI | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| Q5V0BXRH0Y3 | XX | XX | Georgia | 6/xx/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| QBEGGTRIIWF | XX | XX | Colorado | 8/xx/2025 | Investor | Cash Out 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 |
| QL21EZUXRIL | XX | XX | Tennessee | 8/xx/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| QP0EGBKWACO | XX | XX | Florida | 6/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| QPO1QMSISPR | XX | XX | North Carolina | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| R425TBG05DP | XX | XX | Wisconsin | 8/xx/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| RAUJ24CCWLY | XX | XX | Pennsylvania | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| RCD5K0KZ2F1 | XX | XX | California | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| RCIBO0IF0YA | XX | XX | Ohio | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| RELCR0O1HQ4 | XX | XX | Massachusetts | 6/xx/2025 | Secondary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| RGKRB0QUDKB | XX | XX | Georgia | 7/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| RIYO0VQSHD1 | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| RO2YIM4UBFQ | XX | XX | Florida | 8/xx/2025 | Investor | Purchase 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 |
| RR23QRPINHC | XX | XX | Colorado | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| SBEVNZVWOY1 | XX | XX | California | 7/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| SDSBL0I0SHO | XX | XX | Texas | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| SHAN1I4VG1S | XX | XX | Texas | 7/xx/2025 | Primary | Refinance B | A D B | A | A D B | A | A D B | A | A D B | A | A D B | A | A |
| SHRXKWMRLZJ | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| SMD2TYUQ2QT | XX | XX | Oregon | 8/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| SNF2MIQMWSU | XX | XX | South Dakota | 7/xx/2025 | Primary | Cash Out B | A B | A | A B | A | A B | A | A B | A | A B | A | A |
| SQM511P0XUB | XX | XX | Massachusetts | 7/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| SSBUL0SCCVH | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| SSTPETRA1NG | XX | XX | Texas | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| SVEMTPDNJY3 | XX | XX | California | 8/xx/2025 | Investor | Cash Out 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 |
| SW5XHBTTTUE | XX | XX | Tennessee | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| T0QXE4TTCQU | XX | XX | Tennessee | 6/xx/2025 | Primary | Cash Out A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| T2JECF1E11Q | XX | XX | North Carolina | 8/xx/2025 | Investor | Purchase 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 |
| TCFO52AW0XG | XX | XX | New York | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| TPXXWMPCLCN | XX | XX | Illinois | 7/xx/2025 | Investor | Purchase 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 |
| TRUF11LKYSZ | XX | XX | California | 8/xx/2025 | Investor | Purchase 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 |
| U312B5E2B20 | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| UA0CP0S5ZEM | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| UFOL4PIUBFP | XX | XX | Washington | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| UQCFVSALYBE | XX | XX | Texas | 8/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| UVRE4ZIRVTS | XX | XX | Missouri | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| V0511ASA25L | XX | XX | Colorado | 6/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| V32UPFVXYRL | XX | XX | Oregon | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| VNUBZYYELDU | XX | XX | Illinois | 8/xx/2025 | Investor | Purchase B | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable D B | Not Applicable | Not Applicable |
| VPEJIUTLXKG | XX | XX | California | 6/xx/2025 | Investor | Purchase 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 |
| VT11VKV3TXM | XX | XX | Arizona | 8/xx/2025 | Investor | Purchase B | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable B | Not Applicable | Not Applicable |
| VVO2SCWVCPW | XX | XX | Georgia | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| W1D1P4PKSOK | XX | XX | New York | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| W3N2ZVKDLVU | XX | XX | Texas | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| WCM0ICA0LKN | XX | XX | Texas | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| WES2TPMFI1O | XX | XX | Florida | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| WJ2HSSDOOQC | XX | XX | California | 7/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| WJDI5GQSGDR | XX | XX | South Carolina | 8/xx/2025 | Investor | Purchase 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 |
| WLJRDTSTIKJ | XX | XX | Nevada | 8/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| WOJIFDRPDYM | XX | XX | California | 7/xx/2025 | Secondary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| WUA0LRHH5R1 | XX | XX | Florida | 6/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| WVJ3O0WJMGC | XX | XX | New York | 7/xx/2025 | Secondary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| X5XNRY3WTN0 | XX | XX | Connecticut | 8/xx/2025 | Primary | Purchase A | A D | D | A D | D | A D | D | A D | D | A D | D | A |
| XBQTAWV0ICW | XX | XX | Louisiana | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| XEPJBODWVRU | XX | XX | Tennessee | 8/xx/2025 | Investor | Purchase 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 |
| XUIHANAPB4E | XX | XX | Oklahoma | 7/xx/2025 | Investor | Refinance A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| XXA2KZTHRXN | XX | XX | Maine | 7/xx/2025 | Primary | Purchase A | A C D | C | A C D | C | A C D | C | A C D | C | A C D | C | A |
| YFSHBZHA3CN | XX | XX | Oregon | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| YIKR1HMH13S | XX | XX | Missouri | 8/xx/2025 | Primary | Cash Out B A | A B | A | A B | A | A B | A | A B | A | A B | A | A B |
| YVFFRWAJD5E | XX | XX | Georgia | 8/xx/2025 | Primary | Purchase A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| YWY0WY0UP12 | XX | XX | New York | 7/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| YXJKWAXELO1 | XX | XX | Missouri | 7/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| Z2RUZOYE0RU | XX | XX | Arizona | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| Z2YPQNFNGYV | XX | XX | Florida | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| Z3444THY2KL | XX | XX | California | 7/xx/2025 | Primary | Cash Out A | A | A | A | A | A | A | A | A | A | A | A |
| ZIHRI1YWQAF | XX | XX | California | 8/xx/2025 | Primary | Refinance A | A D | A | A D | A | A D | A | A D | A | A D | A | A |
| ZRHSG1WPAJR | XX | XX | Pennsylvania | 6/xx/2025 | Primary | Purchase A | A | A | A | A | A | A | A | A | A | A | A |
| ZUTTALYQWYW | XX | XX | Michigan | 8/xx/2025 | Investor | Cash Out A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ZWYOXBFL3SC | XX | XX | Massachusetts | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ZX4TYYSLTUQ | XX | XX | New York | 8/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
| ZYBEH3LJEOE | XX | XX | California | 7/xx/2025 | Investor | Purchase A | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 3**

**Data Compare**

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Infinity Loan ID** | **Loan Number** | **Loan Number 2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** |
| J3BO1WIVZ51 | XX |  | Residual Income | $3691.42 | $3524.57 | $166.85 | 4.73391% | Total verified monthly income equals $7,030.45, monthly PITIA equals $2,461.59 and all other debts equal $877.44 Residual income is $3,691.42. | Initial |
| RELCR0O1HQ4 | XX |  | Residual Income | $40534.10 | $30912.18 | $9621.92 | 31.12663% | Total verified monthly income equals $52,742.05, monthly PITIA equals $5,476.95 and all other debts equal $6,731. Residual income is $40,534.10 | Initial |
| ZWYOXBFL3SC | XX |  | Residual Income | $46031.94 | $35098.92 | $10933.02 | 31.14916% | Total verified monthly income equals $60,609.36, monthly PITIA equals $8,970.42 and all other debts equal $5,607.00 Residual income is $46,031.94. | Initial |
| BBRG4NRKA12 | XX |  | Residual Income | $137413.89 | $149273.21 | $-11859.32 | -7.94470% | Total verified monthly income equals $176,422.42, monthly PITIA equals $17,181.53 and all other debts equal $21,827.00. Residual income is $137,413.89 | Initial |
| 4QJKV5FBJYT | XX |  | Residual Income | $19122.95 | $16298.70 | $2824.25 | 17.32806% | Total verified monthly income equals $25,051.89, monthly PITIA equals $5,591.94 and all other debts equal $337.00 Residual income is $19,122.95. | Initial |
| QP0EGBKWACO | XX |  | Residual Income | $9424.22 | $8209.58 | $1214.64 | 14.79539% | Total verified monthly income equals $15,933.34, monthly PITIA equals $2,554.24 and all other debts equal $3,954.88 Residual income is $9,424.22. | Initial |
| KENRFCTEGDZ | XX |  | Residual Income | $29635.71 | $31449.41 | $-1813.70 | -5.76703% | Total verified monthly income equals $46,760.76, monthly PITIA equals $10,813.55 and all other debts equal $6,311.50. Residual income is $29,635.71. | Initial |
| XXA2KZTHRXN | XX |  | Residual Income | $45067.53 | $42907.10 | $2160.43 | 5.03513% | Total verified monthly income equals $50,577.81, monthly PITIA equals $4,549.28 and all other debts equal $961.00 Residual income is $45,067.53. | Initial |
| 0D4E3Z5LRVO | XX |  | Residual Income | $12426.39 | $11434.51 | $991.88 | 8.67444% | Total verified monthly income equals $17,332.00, monthly PITIA equals $4,531.33 and all other debts equal $374.28. Residual income is 12,426.39. | Initial |
| 1N4ZLYN3XFS | XX |  | Residual Income | $12022.94 | $11616.16 | $406.78 | 3.50184% | Total verified monthly income equals $18,649.92, monthly PITIA equals $4,776.98 and all other debts equal $1,850.00 Residual income is $12,022.94. | Initial |
| WJDI5GQSGDR | XX |  | Residual Income | $17983.78 | $17117.46 | $866.32 | 5.06103% | Total verified monthly income equals $22,389.57, monthly PITIA equals $1,864.46 and all other debts equal $2,541.33 Residual income is $17,983.78. | Initial |
| PCOI4Y2E1KJ | XX |  | Residual Income | $36264.73 | $35141.63 | $1123.10 | 3.19592% | Total verified monthly income equals $59,193.79, monthly PITIA equals $11,269.82 and all other debts equal $11,659.24 Residual income is $36,264.73. | Initial |
| GSQAGXAOSWA | XX |  | Residual Income | $6682.15 | $6473.00 | $209.15 | 3.23111% | Total verified monthly income equals $10,094.00, monthly PITIA equals $3,147.85 and all other debts equal $264.00 Residual income is $6,682.15. | Initial |
| JL3TRI2X3LR | XX |  | Original Appraised Value | XX | $0.00 | XX |  | The Appraisal dated 07/XX/2025 reflects the Original Appraised value as $XX. | Initial |

---

## Exhibit 99.2

**Exhibit 99.2 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| J3BO1WIVZ51 | xx |  | xx | North Carolina | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Automated Appraisal Review Incomplete or Data not complete - EV R<br> COMMENT: An updated CDA is needed for the subject property, as the value has not been provided.<br>Not Resolved 08/11/2025 - Required an updated CDA report for the subject property as the value has not been provided, not resolved.<br>Resolved 09/02/2025 - The condition has been resolved as we have an indeterminate value on the CDA and two appraisals |  |  | Single Family | 06/xx/2025 | 80.000% | 80.000% | Primary | Cash Out | 697 | 29.66 | XXXX | 30 | $4406.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $54960.88 | 47.494% |  | Alternative | QC Complete | 08/04/2025 |
| ONO4HCYCG1N | xx |  | xx | Utah | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Final 1003_Application - EV R<br> COMMENT: Missing updated Final application with correction in answer to the Section 5a point A - 1 & 2. Borrower marked as previous property address XX.<br>Resolved 06/18/2025 - Received client response as the address section should have been marked as "No primary Housing Expense" and the Declarations section was completed correctly, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing proof of payoff statement or sale for property addressXX<br>Resolved 06/18/2025 - Received client response as " The property located at XX was owned and financed in her husband's name only. So, technically she didn't own and she was never obligated on any loan tied to the property previously, condition resolved. |  |  | Single Family | 04/xx/2025 | 69.617% | 69.617% | Primary | Refinance | 741 | 1.5 | XXXX | 8.25 | $14668.80 | Mos Reviewed:12<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.308% |  | Alternative | QC Complete | 06/24/2025 |
| SNF2MIQMWSU | xx |  | xx | South Dakota | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Borrower credit score is 713 , guideline require minimum FICO 720.<br>A copy of an exception approval letter is available in the loan file. | LTV: 79.15% LTV is less than the guideline requirement of 80.00%.<br>DTI: 46.03% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 07/xx/2025 | 79.145% | 79.145% | Primary | Cash Out | 713 | 3 | XXXX | 9.66 | $23618.84 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $21940.76 | 46.029% |  | Full Documentation | QC Complete | 10/23/2025 |
| 5IETX4IM4O5 | xx |  | xx | Connecticut | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Provide a copy of lease agreement of subject property as it is missing.<br>06/27/2025 Resolved : Resolved as the lower amount was used conservatively. |  |  | 3 Family | 05/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 719 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/09/2025 |
| ANM2SQFJHDX | xx |  | xx | Indiana | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 774 |  | XXXX | 11.16 | $7968.82 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.244% | Yes | Full Documentation | QC Complete | 06/19/2025 |
| I33URLKN5WC | xx |  | xx | South Dakota | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 735 |  | XXXX | 15.33 | $29530.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.373% | No | Full Documentation | QC Complete | 06/13/2025 |
| B2NAN4LSF1B | xx |  | xx | North Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of E&O policy.<br>08/13/2025: Resolved as E&O policy is not required. |  |  | PUD | 05/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 792 |  | XXXX | 8.08 | $121446.38 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.703% | No | Full Documentation | QC Complete | 06/12/2025 |
| 341GCKWYZHX | xx |  | xx | South Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of guaranty agreement as it is missing.<br>Resolved 07/16/2025 - A guaranty is not required if the borrower signs the promissory note individually, condition resolved. |  |  | PUD | 05/xx/2025 | 27.669% | 27.669% | Investor | Purchase | 803 |  | XXXX | 2.42 | $11460.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.909% | No | Full Documentation | QC Complete | 06/20/2025 |
| 3QHQBBF25GV | xx |  | xx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 05/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 770 |  | XXXX | 14 | -$8327.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.761% | No | Full Documentation | QC Complete | 06/20/2025 |
| 4FUMCYXHOBR | xx |  | xx | Wisconsin | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Single Family | 07/xx/2025 | 73.961% | 73.961% | Primary | Refinance | 759 | 1.5 | XXXX | 13 | $71782.78 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.802% |  | Full Documentation | QC Complete | 08/29/2025 |
| BCLI2PA0SYQ | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 05/xx/2025 | 73.590% | 73.590% | Primary | Refinance | 753 | 1.58 | XXXX | 8 | $33555.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.386% |  | Full Documentation | QC Complete | 08/14/2025 |
| RELCR0O1HQ4 | xx |  | xx | Massachusetts | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of borrower identity (Government identification), as it is missing.<br>Resolved 08/04/2025 - Received GOV ID, condition resolved. |  |  | Single Family | 06/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 794 |  | XXXX | 9.08 | $16575.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.147% | No | Full Documentation | QC Complete | 07/22/2025 |
| ZWYOXBFL3SC | xx |  | xx | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 743 |  | XXXX | 17 | $14914.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 17.960% | No | Full Documentation | QC Complete | 09/03/2025 |
| J5LK4G5BNCM | xx |  | xx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing Condo questionnaire.<br>Resolved 08/27/2025 - Received condo questionnaire, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing Flood certificate with FEMA map # XX and FEMA map date 03/XX/1994.<br>Resolved 08/27/2025 - Received Flood certificate, condition resolved. |  |  | High Rise Condo (>=9 Stories) | 07/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 779 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/18/2025 |
| 5TJJNBJD4CR | xx |  | xx | Maryland | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling amount of $XX is not sufficient to cover loan amount of $XX Provide a replacement cost estimator to cover the dwelling amount.<br>Resolved 08/27/2025 - Received RCE document, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Delivery was delayed due to holidays and Sell Side Lock Expiration date is what we were going off of to ship.<br>A copy of an exception approval letter is available in the loan file. | DSCR: 1.16 DSCR exceeds the guideline requirement of 1.00.<br>FICO: 734 FICO exceeds the guideline requirement of 720.<br>Reserves: The 87 months of available reserves are more than the guideline requirement of 6 months. | Single Family | 06/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 734 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 10/23/2025 |
| BFWJ3X5ZLK4 | xx |  | xx | Maryland | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 62.963% | 62.963% | Primary | Purchase | 786 |  | XXXX | 11.67 | $50699.99 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 15.558% | No | Alternative | QC Complete | 08/18/2025 |
| SQM511P0XUB | xx |  | xx | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 07/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 728 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $386918.14 |  |  | Alternative | QC Complete | 08/15/2025 |
| BMMWCBPGNE5 | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 801 |  | XXXX | 7.16 | $32037.36 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.655% | No | Alternative | QC Complete | 07/07/2025 |
| LXDMNBYIPRS | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 54.461% | 54.461% | Primary | Refinance | 808 | 4 | XXXX | 6.5 | $18541.68 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.890% |  | Full Documentation | QC Complete | 07/03/2025 |
| BBRG4NRKA12 | xx |  | xx | Arizona | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 768 |  | XXXX | 19.05 | $176422.42 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.111% | No | Alternative | QC Complete | 08/18/2025 |
| 4QJKV5FBJYT | xx |  | xx | Washington | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(Name) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Single Family | 07/xx/2025 | 63.333% | 63.333% | Primary | Cash Out | 775 | 0.92 | XXXX | 9.16 | $25051.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $136414.50 | 23.667% |  | Alternative | QC Complete | 08/29/2025 |
| AN3PUPN2STN | xx |  | xx | Tennessee | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 79.180% | 79.180% | Secondary | Refinance | 706 |  | XXXX | 7.17 | $26892.46 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.519% |  | Alternative | QC Complete | 08/14/2025 |
| EJHTV03UIFL | xx |  | xx | Washington | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 70.000% | 70.000% | Investor | Refinance | 749 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/01/2025 |
| QP0EGBKWACO | xx |  | xx | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Flood insurance for the subject property (XX) expired on 05/14/2025.<br>Resolved 08/27/2025 - Received flood insurance document, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide Condominium Questionnaire, as it is missing.<br>Not Resolved 08/11/2025 - Required Condominium Questionnaire, condition not resolved.<br>Resolved 09/03/2025 - Received Condo Questionnaire, condition resolved. |  |  | Mid Rise Condo (5-8 Stories) | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 797 |  | XXXX | 13.17 | $15933.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.852% | No | Full Documentation | QC Complete | 08/04/2025 |
| 4OR5GWIEPTY | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX.<br>Resolved 08/28/2025 - Received final title policy, condition resolved. |  |  | Single Family | 06/xx/2025 | 27.215% | 27.215% | Primary | Cash Out | 772 | 22.42 | XXXX | 19.42 | $21250.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type: | $426456.29 | 18.383% |  | Full Documentation | QC Complete | 08/14/2025 |
| NYY4WT2ZHVH | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 08/13/2025 - Received final title policy, condition resolved.<br>\*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: The dwelling coverage amount of $XX indicated on the hazard insurance policy is inadequate to cover the loan amount of $XX. Furthermore, while a replacement cost estimator has been provided, the estimated replacement cost of $XX is not fully supported by the current dwelling coverage. Kindly provide a revised replacement cost estimator that substantiates a dwelling coverage amount sufficient to cover the full loan amount.<br>Resolved 08/24/2025 - RCE Covers the dwelling amount with $XX |  |  | Single Family | 06/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 765 |  | XXXX | 3.42 | $12746.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.901% | No | Full Documentation | QC Complete | 08/01/2025 |
| EJUV1RT4TJE | xx |  | xx | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 50.000% | 50.000% | Investor | Purchase | 761 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.724% | No | Full Documentation | QC Complete | 08/04/2025 |
| CXQF1I0U0VG | xx |  | xx | Tennessee | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Provide a copy of Government ID for borrower (XX), as it is missing.<br>Resolved 08/28/2025 - Received Gov ID, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide the tax and insurance documents for the property located at XX.<br>Resolved 08/28/2025 - Received insurance document, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: The final application lists the subject property as an investment property. Please provide a corrected 1003 for XX, reflecting it as the primary residence.<br>Resolved 08/28/2025 - Received corrected 1003, condition resolved. |  |  | Single Family | 07/xx/2025 | 74.627% | 74.627% | Investor | Cash Out | 737 |  | XXXX | 7.42 | $19779.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $242032.16 | 41.644% |  | Full Documentation | QC Complete | 08/14/2025 |
| ESZVU5WMA05 | xx |  | xx | North Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 792 |  | XXXX | 10.5 | $64007.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.336% | No | Alternative | QC Complete | 08/29/2025 |
| KENRFCTEGDZ | xx |  | xx | Illinois | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 71.989% | 71.989% | Primary | Purchase | 766 |  | XXXX | 3.66 | $38265.09 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.623% | No | Full Documentation | QC Complete | 08/01/2025 |
| JNYXHM1DE1E | xx |  | xx | California | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The proposed Lender's coverage on the Preliminary Title is less than the loan amount. The title document shows coverage of $XX, while the Note indicates a loan amount of $XX.<br>Resolved 09/03/2025 - Received final title policy, condition resolved. | \*\*\* (WAIVED) Required Documentation Missing - EV W<br> COMMENT: The loan was delivered more than 15 days late due to delays in funding and disbursement before it could be forwarded to the shipping department. This loan was a dry state purchase that funded on July xx, 2025, and was subsequently sent to the shipping department. The shipping department does not prioritize loans; they are processed on a first-in, first-out basis, which resulted in additional delays.<br>A copy of an exception approval letter is available in the loan file. | DTI: 39.21% DTI is less than the maximum guideline requirement of 50.00%<br>Reserves: The 23 months of available reserves are more than the guideline requirement of 10 months.<br>FICO: 786 FICO exceeds the guideline requirement of 720. | Single Family | 06/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 786 |  | XXXX | 10.91 | $57072.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.214% | No | Alternative | QC Complete | 08/15/2025 |
| JWOZMFCR1XI | xx |  | xx | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of UDM Document.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Single Family | 07/xx/2025 | 70.000% | 70.000% | Secondary | Refinance | 752 |  | XXXX | 12.83 | $113409.77 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.841% |  | Alternative | QC Complete | 09/03/2025 |
| FBTSERAXCLL | xx |  | xx | Ohio | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Automated Appraisal Review Missing - EV R<br> COMMENT: Missing CDA ordered from an AMC.<br>Resolved 08/28/2025 - Received CDA, condition resolved. |  |  | Single Family | 07/xx/2025 | 70.000% | 70.000% | Investor | Cash Out | 797 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $132095.29 |  |  | Alternative | QC Complete | 08/14/2025 |
| TPXXWMPCLCN | xx |  | xx | Illinois | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing the loan score card.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 676 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/29/2025 |
| AYOKI520YEV | xx |  | xx | Iowa | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 788 |  | XXXX | 21.83 | $54727.23 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.945% | No | Full Documentation | QC Complete | 08/29/2025 |
| EYN41UOKTJJ | xx |  | xx | Wisconsin | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 767 |  | XXXX | 17.58 | $22030.56 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.487% | No | Full Documentation | QC Complete | 08/14/2025 |
| MHMD4V0C0MQ | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 08/28/2025 - Received final title report, condition resolved. |  |  | Single Family | 07/xx/2025 | 57.286% | 57.286% | Primary | Refinance | 797 | 1 | XXXX | 2.08 | $85901.02 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.810% |  | Full Documentation | QC Complete | 08/15/2025 |
| WOJIFDRPDYM | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 757 |  | XXXX | 24.33 | $23576.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.753% | No | Full Documentation | QC Complete | 08/18/2025 |
| SBEVNZVWOY1 | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 09/26/2025 - Received title commitment, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of loan scorecard it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | Single Family | 07/xx/2025 | 74.699% | 74.699% | Primary | Cash Out | 714 | 11.58 | XXXX | 0.08 | $12666.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $296658.84 | 43.366% |  | Full Documentation | QC Complete | 08/29/2025 |
| E2E42NBVSJA | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing proof of hazard insurance - EV R<br> COMMENT: Provide a copy of the hazard insurance documents for subject property, as it is missing<br>Resolved 10/10/2025 - Received Master policy with dwelling coverage, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower (XX) as it is required by the guideline<br>Gap report present in file dated on 07/02/2025<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 65.000% | 65.000% | Investor | Purchase | 783 |  | XXXX | 23 | $58052.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.173% | No | Full Documentation | QC Complete | 08/29/2025 |
| CQSEC1NOHD3 | xx |  | xx | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 07/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 757 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/18/2025 |
| DS4SELEEBR3 | xx |  | xx | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling coverage ($XX) reflected on the hazard insurance policy is not sufficient to cover the loan amount ($XX). A replacement cost estimator is present, and the amount of the replacement cost estimator ($XX) is not being covered by the dwelling coverage.<br>Resolved 09/17/2025 - Received document with 100% replacement coverage, condition resolved. |  |  | PUD | 07/xx/2025 | 51.020% | 51.020% | Primary | Purchase | 769 |  |  |  | $18597.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type: |  | 38.570% | Yes | Alternative | QC Complete | 08/15/2025 |
| RO2YIM4UBFQ | xx |  | xx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | 3 Family | 08/xx/2025 | 84.384% | 84.384% | Investor | Purchase | 754 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.532% | No | Full Documentation | QC Complete | 08/29/2025 |
| HVDJCK3SGTC | xx |  | xx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 746 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/29/2025 |
| XXA2KZTHRXN | xx |  | xx | Maine | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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<br>Higher-Priced Mortgage Loan Test: Charged 8.324% Allowed 8.270% + Overby 0.054% <br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(Jebb Mitchneck) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | PUD | 07/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 694 |  | XXXX | 5 | $50577.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.895% | Yes | Alternative | QC Complete | 08/29/2025 |
| GQIQW1HHHDP | xx |  | xx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: "The dwelling coverage of $XX reflected in the hazard insurance policy is not sufficient to cover the loan amount of $XX. Provide replacement cost estimator to covered the dwelling coverage.<br>Resolved 09/26/2025 - Received RCE document, condition resolved. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 793 |  | XXXX | 9.16 | $16208.11 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.124% | No | Full Documentation | QC Complete | 08/29/2025 |
| 0D4E3Z5LRVO | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the Condominium Questionnaire, as it is missing.<br>Resolved 09/23/2025 - Received client response as 2-4 unit property does not require condo questionnaire, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(XX as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Low Rise Condo (1-4 Stories) | 08/02/2025 | 75.000% | 75.000% | Investor | Refinance | 798 |  | XXXX | 5.66 | $17332.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.304% |  | Full Documentation | QC Complete | 09/02/2025 |
| ZYBEH3LJEOE | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 692 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/14/2025 |
| 4BYXRQPU41J | xx |  | xx | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 72.656% | 72.656% | Investor | Refinance | 761 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 09/03/2025 |
| EGOM1SK1DGY | xx |  | xx | North Carolina | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 747 | 12.42 | XXXX | 17.67 | $61171.67 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.357% | No | Alternative | QC Complete | 08/28/2025 |
| GEHCDWA1WZG | xx |  | xx | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 796 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $170414.12 |  |  | Alternative | QC Complete | 09/02/2025 |
| UFOL4PIUBFP | xx |  | xx | Washington | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount $XX of preliminary title insurance is not covering the loan amount $XX. Provide a copy of supplemental title insurance which covers the loan amount.<br>Resolved 09/30/2025 - Received supplement report, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: B2 final 1003 provided which signed on 08/XX/2025. Provide a copy of Final 1003 for Borrower XX dated on 08/XX/2025.<br>Resolved 09/30/2025 - Received final 1003 with dated date of 08/XX/2025, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 74.118% | 74.118% | Primary | Purchase | 797 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/02/2025 |
| IDUGPAQLPNO | xx |  | xx | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 70.000% | 70.000% | Investor | Cash Out | 796 |  | XXXX |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $177664.44 |  |  | Alternative | QC Complete | 08/29/2025 |
| 1N4ZLYN3XFS | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Loan score card.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 784 |  | XXXX | 11.83 | $15792.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 35.534% | No | Full Documentation | QC Complete | 09/02/2025 |
| GU0BOAHR0SY | xx |  | xx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Application Missing - EV R<br> COMMENT: Missing final application dated 07/24/2025.<br>Resolved 10/07/2025 - Received final 1003 application, condition resolved.<br>\*\*\* (CURED) Mortgage missing / unexecuted - EV R<br> COMMENT: Deed of trust borrower signed on 6/24/2025. Provide a copy of deed of trust for Borrower XX) singed dated on 07/XX/2025.<br>Resolved 10/07/2025 - Received Affidavit document of trust dated on 07/24/2025, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower XX as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | Single Family | 07/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 751 |  | XXXX | 5.66 | $18450.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 31.315% |  | Alternative | QC Complete | 09/02/2025 |
| BP535ZEAZ0R | xx |  | xx | Illinois | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Dwelling amount $XX is not sufficient to cover loan amount $XX, provide a copy of replacement cost estimator is being covered by the dwelling.<br>Resolved 10/07/2025 - Received RCE document with coverage 100%, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower XX as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | 2 Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Cash Out | 724 | 3 | XXXX | 10.25 | $8233.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $63795.85 | 38.594% |  | Full Documentation | QC Complete | 09/03/2025 |
| T2JECF1E11Q | xx |  | xx | North Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower (xx) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 784 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/02/2025 |
| TRUF11LKYSZ | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers (XXXX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 765 |  | XXXX | 6.58 | $19277.37 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.812% | No | Full Documentation | QC Complete | 09/03/2025 |
| WJDI5GQSGDR | xx |  | xx | South Carolina | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower (XX) & Co-borrower (XX) as it is required by guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 34.426% | 34.426% | Investor | Purchase | 784 |  |  |  | $7797.91 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.678% | No | Full Documentation | QC Complete | 09/03/2025 |
| QL21EZUXRIL | xx |  | xx | Tennessee | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 2 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.739% Allowed 8.250% Overby +1.489%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrowers(XX) as it is required by the guideline<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | Single Family | 08/xx/2025 | 90.000% | 90.000% | Primary | Purchase | 738 |  | XXXX | 2.16 | $25984.19 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 25.137% | Yes | Alternative | QC Complete | 09/03/2025 |
| 0Z0D3ZGFVSD | xx |  | xx | Minnesota | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower(XX as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Loan score card as it is missing in the file<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 771 |  | XXXX | 7.66 | $32529.76 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.607% | No | Alternative | QC Complete | 09/03/2025 |
| 5JYSTYU33XY | xx |  | xx | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 70.000% | 70.000% | Investor | Cash Out | 747 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $202169.69 |  |  | Alternative | QC Complete | 08/27/2025 |
| 51OW0DNTFTW | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 758 |  | XXXX | 11.16 | $13032.00 | Mos Reviewed:23<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  | 30.904% | Yes | Full Documentation | QC Complete | 06/23/2025 |
| XBQTAWV0ICW | xx |  | xx | Louisiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Primary | Cash Out | 700 | 5 | XXXX | 13.66 | $23901.00 | Mos Reviewed:24<br> Times 1X30:1<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $169523.51 | 16.962% |  | Alternative | QC Complete | 08/15/2025 |
| LASBLUSPQDA | xx |  | xx | Arkansas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 739 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/27/2025 |
| P13GM24YXVY | xx |  | xx | Florida | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Exception to use 100% of business assets in account #xx. All funds came from two withdrawals from XXXX account and were incorrectly deposited into xx biz account vs personal account . Borrower and his wife make up 100% ownership of biz account with each holding 50/50 ownership. Spouse is not on loan.<br>A copy of an exception approval letter is available in the loan file. | FICO: 735 FICO exceeds the guideline requirement of 660.<br>DSCR: 1.08 DSCR exceeds the guideline requirement of 1.00. | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 735 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 11/17/2025 |
| ENZTC22KLB1 | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Please provide an updated 1003. The property at XX is marked as an investment property in the REO section, but no primary housing expense is reflected.<br>Resolved 09/11/2025 - Received LOX as the borrower lives rent free and there is no housing expenses for their primary, condition resolved. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 791 |  | XXXX | 11.58 | $10237.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.222% | No | Alternative | QC Complete | 11/17/2025 |
| DVK5UTZ00OZ | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 782 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/03/2025 |
| 40EMTLKOX5V | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 769 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/15/2025 |
| YIKR1HMH13S | xx |  | xx | Missouri | Non-QM/Compliant | 2 | 2 | 1 | 2 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Property zoned XXXX and contains more than 10 acres - EV W<br> COMMENT: Property zoned rural and contains xx acres.<br>A copy of an exception approval letter is available in the loan file. | FICO: 736 FICO exceeds the guideline requirement of 700.<br>Residual Income : $33,280.94 monthly <br>DTI: 26.15% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 08/xx/2025 | 70.000% | 70.000% | Primary | Cash Out | 736 | 3 | XXXX | 7.58 | $45068.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $106730.94 | 26.154% |  | Alternative | QC Complete | 08/27/2025 |
| T0QXE4TTCQU | xx |  | xx | Tennessee | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide a copy of title supplement with sufficient policy amount to cover the loan amount.<br>Resolved 06/25/2025 - Received title report with insured amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide real estate appraisers errors & omissions insurance policy, as it is missing.<br>Resolved 06/24/2025 - Received E&O Policy, condition resolved. |  |  | PUD | 06/xx/2025 | 75.750% | 75.750% | Primary | Cash Out | 710 | 10.08 | XXXX | 27.91 | $12472.79 | Mos Reviewed:53<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $30766.06 | 38.577% |  | Full Documentation | QC Complete | 06/18/2025 |
| 2OR21YMC4CN | xx |  | xx | New Jersey | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 742 |  | XXXX | 5.58 | $80856.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 14.801% | No | Alternative | QC Complete | 08/21/2025 |
| IHM4JAONZCO | xx |  | xx | Arizona | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Title commitment is missing the 'ISAOA/ATIMA' clause for the lender.<br>Resolved 08/27/2025 - Received document stating the title commitment clause, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 694 |  | XXXX | 2 | $21833.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.656% | No | Alternative | QC Complete | 08/19/2025 |
| RGKRB0QUDKB | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 52.379% | 52.379% | Primary | Purchase | 798 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 07/18/2025 |
| FWPT2VGFX0P | xx |  | xx | South Carolina | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(XX) as it is required by the guideline.<br>supplement report present in file dated 08/XX/2025 before closing date 08/XX/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 779 |  | XXXX | 18.83 | $31736.02 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.057% | No | Alternative | QC Complete | 08/28/2025 |
| IETJ2OBYSIY | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 05/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 760 |  | XXXX | 8 | $7727.89 | Mos Reviewed:12<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.085% | Yes | Full Documentation | QC Complete | 06/16/2025 |
| KWVIP5LSYEV | xx |  | xx | Washington | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 35.794% | 35.794% | Investor | Purchase | 801 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 07/31/2025 |
| FLB5WVQAV0Z | xx |  | xx | California | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.161% Allowed 8.170% Overby +0.991%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) State Higher Price Mortgage Loan - EV R<br> COMMENT: CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.161% Allowed 8.170% +Overby 0.991%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).<br>\*\*\* (CURED) VOM or VOR missing/required - EV R<br> COMMENT: For the property located at XXXX, the rent amount stated on the 1003 ($6200) differs from the amount shown on the VOR ($2914).<br>Resolved on 08/18/2025 : Received an LOE from NewRez to explain the difference, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 90.000% | 90.000% | Primary | Purchase | 762 |  | XXXX | 3.33 | $18898.69 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.968% | No | Alternative | QC Complete | 08/12/2025 |
| MEXCJHP3K43 | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 791 |  | XXXX | 8.58 | $18767.88 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.296% | No | Full Documentation | QC Complete | 08/28/2025 |
| PCOI4Y2E1KJ | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 793 |  | XXXX | 14.58 | $59193.79 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.736% | No | Alternative | QC Complete | 08/28/2025 |
| WLJRDTSTIKJ | xx |  | xx | Nevada | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 729 |  | XXXX | 10.83 | $41000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 47.436% | No | Full Documentation | QC Complete | 08/21/2025 |
| FDD5OE2SXFN | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 29.070% | 29.070% | Primary | Purchase | 793 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/12/2025 |
| JCZ0FQGUWGE | xx |  | xx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 767 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 07/15/2025 |
| OUXVSOWDEHB | xx |  | xx | Oklahoma | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Hazard insurance reflecting "xx" on the name insured . Provide an updated hazard insurance with borrower name reflecting on it.<br>Resolved 08/25/2025 - Borrower name reflecting on the insured information, condition resolved. |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Investor | Refinance | 759 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 11/17/2025 |
| A0Q4Y5VS5MT | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Cash Out | 737 | 34 | XXXX | 16.58 | $19152.18 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $406347.13 | 46.290% |  | Alternative | QC Complete | 07/29/2025 |
| I5LVTXPSINI | xx |  | xx | Louisiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 704 |  | XXXX | 2.75 | $49155.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.005% | No | Alternative | QC Complete | 07/31/2025 |
| SSTPETRA1NG | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 51.724% | 51.724% | Primary | Cash Out | 749 | 25 | XXXX | 8.25 | $6138.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $90938.28 | 34.764% |  | Alternative | QC Complete | 08/13/2025 |
| HT3N3WGBF5T | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 740 |  | XXXX | 15.33 | $23279.37 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.430% | No | Alternative | QC Complete | 08/26/2025 |
| HH53NZ3POWJ | xx |  | xx | Florida | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide an updated title report or title supplement with sufficient insurance to cover the loan amount.<br>Resolved 06/24/2025 - Received title report with insured amount, condition resolved, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide real estate appraisers errors & omissions insurance policy , as it is missing.<br>Resolved 06/24/2025 - Received E&O Policy, condition resolved. |  |  | Single Family | 06/xx/2025 | 78.447% | 78.447% | Primary | Refinance | 793 | 1.42 | XXXX | 8.58 | $40620.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 5.319% |  | Alternative | QC Complete | 06/18/2025 |
| WVJ3O0WJMGC | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 75.000% | 75.000% | Secondary | Cash Out | 765 |  | XXXX | 3.08 | $33299.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $479301.80 | 26.151% |  | Alternative | QC Complete | 07/30/2025 |
| 5ILA2FR1RHS | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 794 |  | XXXX | 0.08 | $27083.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.831% | No | Full Documentation | QC Complete | 10/24/2025 |
| M4BA1SE3OOW | xx |  | xx | Utah | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 770 |  | XXXX | 27.42 | $52558.07 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.079% | No | Alternative | QC Complete | 06/16/2025 |
| OVB3UBPCFAV | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 56.842% | 56.842% | Investor | Cash Out | 713 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $86208.38 |  |  | Alternative | QC Complete | 08/13/2025 |
| LZRQFIFSXEP | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 66.102% | 66.102% | Investor | Purchase | 803 |  | XXXX | 3.58 | $80601.29 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 11.984% | No | Alternative | QC Complete | 08/29/2025 |
| YVFFRWAJD5E | xx |  | xx | Georgia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: A correction is required for the property address listed on the 1003 form and the Tax Sheet. The address should be updated from xx.<br>Resolved 08/25/2025 - Received corrected 1003 with investment property, condition resolved. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 782 |  | XXXX | 6 | $39309.86 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.131% | No | Full Documentation | QC Complete | 08/18/2025 |
| 1ID3XA14NRK | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 52.830% | 52.830% | Primary | Purchase | 795 |  | XXXX | 5.16 | $1276250.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 1.303% | No | Alternative | QC Complete | 06/16/2025 |
| SHAN1I4VG1S | xx |  | xx | Texas | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (Cured) Required Documentation Missing or Incomplete - EV 2<br> COMMENT: LoanScorecard reflects the Program as 'xx' and the result as 'xx.' However, the Loan Program is 'Smart Self P&L 30-Year Fixed.' Provide an updated LoanScorecard with the correct Loan Program.<br>Cured 08/11/2025 - Post-closing scorecard was received and reviewed. Condition cured | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Allowed to use of Self P&L with 46% ownership. <br>A copy of an exception approval letter is available in the loan file. | DTI: 20.42% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 67.52% LTV is less than the guideline requirement of 80.00%.<br>FICO: 761 FICO exceeds the guideline requirement of 640. | Single Family | 07/xx/2025 | 67.521% | 67.521% | Primary | Refinance | 761 | 1 | XXXX | 2.5 | $60078.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.424% |  | Alternative | QC Complete | 10/23/2025 |
| VPEJIUTLXKG | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 07/10/2025 - Received title report with insured amount, condition resolved. |  |  | 2 Family | 06/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 706 |  | XXXX | 2.16 | $8975.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 28.034% | No | Full Documentation | QC Complete | 06/27/2025 |
| FHCH3RXUU3F | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/28/2025 |
| WCM0ICA0LKN | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 70.000% | 70.000% | Investor | Cash Out | 767 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $143291.42 |  |  | DSCR | QC Complete | 08/19/2025 |
| KUKSWW3DY44 | xx |  | xx | Florida | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.569% Allowed 8.110% Overby +0.459%<br>This loan is compliant with regulation 1026.35 |  |  | Mid Rise Condo (5-8 Stories) | 08/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 666 |  | XXXX | 2.41 | $9375.66 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 27.749% | Yes | Alternative | QC Complete | 09/04/2025 |
| QBEGGTRIIWF | xx |  | xx | Colorado | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: UDM document is missing.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 769 |  | XXXX | 7.58 | $82218.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $396031.06 | 11.536% |  | Alternative | QC Complete | 09/02/2025 |
| 1BKCVKCTIHS | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 722 |  | XXXX | 4.58 | $66758.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $18878.50 | 17.245% |  | Alternative | QC Complete | 08/27/2025 |
| RR23QRPINHC | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 65.000% | 65.000% | Investor | Purchase | 814 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/20/2025 |
| UVRE4ZIRVTS | xx |  | xx | Missouri | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Bank statement for checking account #xx is missing for the period 06/01/2025 to 06/30/2025.<br>Resolved 09/03/2025 - Received bank statement, condition resolved. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 757 |  | XXXX | 3 | $9062.97 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.381% | No | Alternative | QC Complete | 08/27/2025 |
| GMB5Q2X33GB | xx |  | xx | Indiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 06/xx/2025 | 75.528% | 75.528% | Primary | Purchase | 778 |  | XXXX | 6 | $16002.65 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.157% | No | Alternative | QC Complete | 07/02/2025 |
| 0JPNJGCSGWD | xx |  | xx | Colorado | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 06/xx/2025 | 68.750% | 68.750% | Primary | Purchase | 750 |  | XXXX | 2 | $5497.56 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.436% | No | Alternative | QC Complete | 10/24/2025 |
| MDBFJZNCBEF | xx |  | xx | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | High Rise Condo (>=9 Stories) | 08/xx/2025 | 58.091% | 58.091% | Primary | Purchase | 809 |  | XXXX | 3.66 | $117939.04 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.959% | No | Full Documentation | QC Complete | 09/04/2025 |
| W3N2ZVKDLVU | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 66.661% | 66.661% | Primary | Purchase | 708 |  | XXXX | 9 | $15704.62 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 41.147% | No | Alternative | QC Complete | 08/28/2025 |
| Q5HWAOEVQSI | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 800 |  | XXXX | 4.5 | $42579.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 8.620% | Yes | Alternative | QC Complete | 08/26/2025 |
| RAUJ24CCWLY | xx |  | xx | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 755 |  | XXXX | 6.25 | $87768.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.674% | No | Alternative | QC Complete | 07/31/2025 |
| 0N1IXMDXMGP | xx |  | xx | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Assets are not sufficient to close - EV R<br> COMMENT: Assets are insufficient to close the reserves. Provide a additional assets documents for amount $9,227.79 to cover the reserves.<br>Resolved 09/16/2025 - Received LOX from client as reserves are not required for Rate and Term, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower Mohamed Nakieb as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: 18 NSF occurrences within the prior 12 months.<br>A copy of an exception approval letter is available in the loan file. | DTI: 23.43% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 704 FICO exceeds the guideline requirement of 640<br>LTV: 74.15% LTV is less than the guideline requirement of 80.00%. | PUD | 08/xx/2025 | 74.157% | 74.157% | Primary | Refinance | 704 |  | XXXX | 7.58 | $32111.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.432% |  | Alternative | QC Complete | 09/03/2025 |
| CKBDDBQ3IGT | xx |  | xx | North Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 08/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 703 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | DSCR | QC Complete | 09/04/2025 |
| CGKWYVLXXJY | xx |  | xx | Pennsylvania | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing real estate appraisers error and omissions insurance policy.<br>Resolved 06/18/2025 - Received E&O Policy, condition resolved. |  |  | Single Family | 06/xx/2025 | 74.909% | 74.909% | Investor | Refinance | 720 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 06/13/2025 |
| VT11VKV3TXM | xx |  | xx | Arizona | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Credit Housing Payment History- the borrower had two private mortgages each with a 30 day late payment in February 2025. Both payments were made on 03/12/2025, and cleared on <br> 03/18/2025 <br>A copy of an exception approval letter is available in the loan file. | Reserves: The 53 months of available reserves are more than the guideline requirement of 12 months.<br>DTI: 40.68% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. | PUD | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 721 |  | XXXX | 11.58 | $22107.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.684% | No | Alternative | QC Complete | 08/27/2025 |
| MPN4ZIB0IAG | xx |  | xx | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 60.000% | 60.000% | Investor | Purchase | 770 |  | XXXX | 3.08 | $22940.20 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 35.067% | No | Alternative | QC Complete | 07/15/2025 |
| 0RZQSTYUUNX | xx |  | xx | Minnesota | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Please provide a copy of the xx bank statement (account ending in XXXX) for the period of February through March 2025. (20 February 2025 -19 March 2025).<br>Resolved 08/22/2025 - Received xx bank statement for 20 February 2025 -19 March 2025, condition resolved. |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 693 |  | XXXX | 16.83 | $10357.89 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type: |  | 32.402% | No | Alternative | QC Complete | 08/13/2025 |
| A3151WENDVG | xx |  | xx | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 791 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/04/2025 |
| GRRHUM2RNMU | xx |  | xx | Utah | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 751 |  | XXXX | 3 | $9906.95 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 47.391% | No | Alternative | QC Complete | 08/27/2025 |
| YXJKWAXELO1 | xx |  | xx | Missouri | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $xx coverage amount on the title report is less than the mortgage loan amount of $xx.<br>Resolved 07/23/2025 - Received title insured amount, condition resolved. |  |  | PUD | 07/xx/2025 | 78.020% | 78.020% | Primary | Refinance | 732 | 2 | XXXX | 4.83 | $6608.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.871% |  | Alternative | QC Complete | 07/17/2025 |
| RCD5K0KZ2F1 | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 774 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/26/2025 |
| D2LWJLZ2WLV | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 809 |  | XXXX | 7.42 | $40805.91 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 21.043% | No | Alternative | QC Complete | 08/28/2025 |
| MGIEKAMH2QV | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 62.441% | 62.441% | Primary | Cash Out | 761 | 2.08 | XXXX | 3.33 | $20666.13 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Mortgage | $159262.34 | 49.879% |  | Alternative | QC Complete | 08/04/2025 |
| DHUHMT03SM3 | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 738 |  | XXXX | 3.25 | $9095.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.947% | No | Full Documentation | QC Complete | 07/22/2025 |
| 3J0KAS0ZY0V | xx |  | xx | Oklahoma | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Investor | Refinance | 759 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/13/2025 |
| AO2JLKSQF3S | xx |  | xx | Massachusetts | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 769 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/21/2025 |
| XEPJBODWVRU | xx |  | xx | Tennessee | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing Operating agreement for (xx).<br>Resolved 09/04/2025 - Received Article of Organization Operating, condition resolved. |  |  | 2 Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 750 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  |  | No | Alternative | QC Complete | 08/28/2025 |
| TCFO52AW0XG | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 42.857% | 42.857% | Primary | Cash Out | 736 | 16 | XXXX | 0.91 | $40000.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $211774.56 | 40.303% |  | Full Documentation | QC Complete | 07/31/2025 |
| WJ2HSSDOOQC | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 65.306% | 65.306% | Investor | Cash Out | 746 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $461452.65 |  |  | Alternative | QC Complete | 08/13/2025 |
| HH0R3P1IWC4 | xx |  | xx | New Jersey | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 70.000% | 70.000% | Investor | Cash Out | 721 |  | XXXX | 7.91 | $87202.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $394127.63 | 16.646% |  | Alternative | QC Complete | 08/26/2025 |
| U312B5E2B20 | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 788 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/28/2025 |
| H2LLDWU0IWF | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide undisclosed debt monitoring (UDM) for borrower (xx) & Co-borrower(xx) as it is required by guideline.<br>Credit supplement present on 08/xx/2025 before closing 08/xx/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 685 |  | XXXX | 24.42 | $11260.94 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.675% | No | Alternative | QC Complete | 08/29/2025 |
| 1ZKITQ1F3BE | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 739 |  | XXXX | 10.25 | $66364.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 39.567% | No | Alternative | QC Complete | 07/21/2025 |
| PC4ZUN5UQO2 | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Closing Protection Letter - EV R<br> COMMENT: Closing Protection letter missing lender loss payee verbiage "ISAOA/ATIMA". Provide an updated CPL.<br>Resolved 09/09/2025 - Received LOX as Texas doesn't require any loss Payee verbiage, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM (undisclosed debt Monitoring) document for borrower (xx) & Co-borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 50.000% | 50.000% | Primary | Purchase | 664 |  | XXXX | 10.58 | $8575.26 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 37.244% | No | Alternative | QC Complete | 08/27/2025 |
| Z3444THY2KL | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 39.657% | 39.657% | Primary | Cash Out | 715 | 2 | XXXX | 5.66 | $11702.51 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $86785.94 | 42.934% |  | Alternative | QC Complete | 08/13/2025 |
| PIGVZKX4KP1 | xx |  | xx | New York | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.364% Allowed 8.130% Overby +0.234%<br>This loan is compliant with regulation 1026.35. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 658 |  | XXXX | 11.33 | $50906.24 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 10.488% | No | Alternative | QC Complete | 08/28/2025 |
| LXUH0GWGKMH | xx |  | xx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 767 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 07/18/2025 |
| F3LE4DVNSUV | xx |  | xx | Hawaii | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 38.548% | 38.548% | Primary | Refinance | 794 | 8.5 | XXXX | 4.25 | $28650.90 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 34.421% |  | Alternative | QC Complete | 07/09/2025 |
| 4Y552EEQYSF | xx |  | xx | Illinois | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 70.000% | 70.000% | Primary | Purchase | 816 |  | XXXX | 26.42 | $12775.70 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 53.295% | No | Full Documentation | QC Complete | 10/24/2025 |
| 5K1WOVY2LM5 | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $xx on the Title Commitment is less than the loan amount $xx.<br>Resolved 08/22/2025 - Received title report with insured amount, condition resolved. |  |  | PUD | 08/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 798 |  | XXXX | 13.16 | $23002.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.534% | No | Alternative | QC Complete | 08/19/2025 |
| RIYO0VQSHD1 | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 794 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/18/2025 |
| KWO0AXR00P0 | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: UDM Document is missing.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 721 |  | XXXX | 19.33 | $12690.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.810% | No | Alternative | QC Complete | 09/02/2025 |
| 1CCE3534OX2 | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 3 Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 794 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/26/2025 |
| 0ZUBWLCRDQC | xx |  | xx | Georgia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of real estate appraiser Errors & Omissions insurance policy, as it is missing<br>Resolved 06/25/2025 - Received E&O Policy, condition resolved. |  |  | Single Family | 06/xx/2025 | 69.597% | 69.597% | Primary | Cash Out | 802 | 10 | XXXX | 4.08 | $4278.64 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $181686.90 | 35.191% |  | Alternative | QC Complete | 06/20/2025 |
| 3VYYXI04A5Z | xx |  | xx | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 727 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/27/2025 |
| BKRATOROISP | xx |  | xx | Washington | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 36.042% | 36.042% | Primary | Cash Out | 801 | 10.08 |  |  | $12982.98 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $500220.60 | 32.731% |  | Alternative | QC Complete | 08/13/2025 |
| 2KUSO5NTQXU | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 732 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  |  | No | Alternative | QC Complete | 09/04/2025 |
| 2HQTOSQEPXK | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a credit supplement or mortgage statement to verify the mortgage xx reflecting on REO of final 1003.<br>Resolved 06/17/2025 - Received loan statement for #xx, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 05/xx/2025 | 79.960% | 79.960% | Primary | Refinance | 774 | 11 | XXXX | 15.75 | $67105.73 | Mos Reviewed:99<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.913% |  | Alternative | QC Complete | 06/13/2025 |
| BWM0LLQEJAR | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 737 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 07/18/2025 |
| NIMC51WX3AP | xx |  | xx | Arizona | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $xx on the Title Commitment is less than the loan amount $xx.<br>Resolved 08/22/2025 - Received title report with insured amount, condition resolved. |  |  | PUD | 08/xx/2025 | 72.582% | 72.582% | Primary | Refinance | 757 | 0.5 | XXXX | 7.25 | $34823.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type: |  | 23.357% |  | Alternative | QC Complete | 08/19/2025 |
| B5JR1QMYBIF | xx |  | xx | Georgia | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of Mortgage statement for property address 5xx<br>Resolved 08/04/2025 - Received lender response as the mortgage payments are transferred to xx account and borrower paying the payment to his father, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: B1 does not meet minimal tradeline requirement and income is needed to qualify<br>A copy of an exception approval letter is available in the loan file. | FICO: 781 FICO exceeds the guideline requirement of 720.<br>Reserves: The 27 months of available reserves are more than the guideline requirement of 3 months.<br>LTV: 80.00% LTV is less than the guideline requirement of 90.00%. | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 781 |  | XXXX | 15.42 | $22916.66 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.267% | Yes | Full Documentation | QC Complete | 07/29/2025 |
| UA0CP0S5ZEM | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 752 |  | XXXX | 4.58 | $113684.80 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 14.223% | No | Alternative | QC Complete | 08/27/2025 |
| IA3PLG0MUBC | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 730 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/02/2025 |
| SW5XHBTTTUE | xx |  | xx | Tennessee | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 784 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/27/2025 |
| W1D1P4PKSOK | xx |  | xx | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: The FEMA flood zone indicated as VE on the flood certificate does not match the flood zone X reported in the appraisal. Resolved 09/02/2025 - Received corrected appraisal report, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 52.459% | 52.459% | Primary | Purchase | 783 |  | XXXX | 6.33 | $27820.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.045% | No | Alternative | QC Complete | 08/19/2025 |
| ZIHRI1YWQAF | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Final Application Incomplete - EV R<br> COMMENT: Borrower (xx) & Co-Borrower (xx) mentioned marital status as married on final 1003. Vesting on title reflecting as unmarried for both borrower & Co-borrower, requires correction on final 1003.<br>Resolved 09/9/2025 - Received Corrected 1003, condition resolved. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Refinance | 791 | 0.08 |  |  | $0.00 | Mos Reviewed:12<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent |  |  |  | Alternative | QC Complete | 08/26/2025 |
| NEAZCKGHLIU | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Please provide an updated 1003 reflecting the current address with a rent amount of $1,500.00.<br>Resolved 09/08/2025 - Received corrected 1003, condition resolved. |  |  | High Rise Condo (>=9 Stories) | 08/xx/2025 | 70.000% | 70.000% | Primary | Purchase | 790 |  | XXXX | 1.58 | $13352.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.967% | Yes | Alternative | QC Complete | 08/29/2025 |
| ZRHSG1WPAJR | xx |  | xx | Pennsylvania | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 771 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | Yes | Alternative | QC Complete | 07/09/2025 |
| DDGKT4GWZ2Y | xx |  | xx | Texas | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide Initial application dated 6/xx/2025, as it is missing.<br>Resolved 09/17/2025 - Received initial 1003 with LO sign, condition resolved. |  |  | PUD | 08/xx/2025 | 55.310% | 55.310% | Primary | Cash Out | 671 | 12 | XXXX | 4.58 | $3923.81 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $116844.60 | 37.524% |  | Alternative | QC Complete | 08/28/2025 |
| VVO2SCWVCPW | xx |  | xx | Georgia | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 735 |  | XXXX | 2.41 | $534103.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 2.775% | No | Alternative | QC Complete | 07/30/2025 |
| WES2TPMFI1O | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 65.000% | 65.000% | Investor | Cash Out | 731 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $185410.32 |  |  | Alternative | QC Complete | 09/04/2025 |
| ATTQDNDJWDN | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance of $xx on the Title Commitment is less than the loan amount $xx<br>Resolved 07/17/2025 - Received title supplement report, condition resolved. |  |  | Single Family | 06/xx/2025 | 40.222% | 40.222% | Investor | Cash Out | 749 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $350588.62 |  |  | Alternative | QC Complete | 07/09/2025 |
| 1W1UW5EB5BQ | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 50.000% | 50.000% | Primary | Purchase | 795 |  | XXXX | 1.66 | $1094.16 | Mos Reviewed:24<br> Times 1X30:<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 36.976% | Yes | Full Documentation | QC Complete | 07/23/2025 |
| DLR5B1NWFP4 | xx |  | xx | Ohio | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 760 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/02/2025 |
| V0511ASA25L | xx |  | xx | Colorado | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 06/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 792 |  | XXXX | 15 | $58705.40 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.161% | No | Alternative | QC Complete | 07/03/2025 |
| 5EW4MR5ZP3F | xx |  | xx | South Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 70.000% | 70.000% | Primary | Purchase | 792 |  | XXXX | 3.16 | $4841.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.737% | Yes | Full Documentation | QC Complete | 07/10/2025 |
| NCXX0UHB3VS | xx |  | xx | South Carolina | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 67.188% | 67.188% | Investor | Cash Out | 759 |  | XXXX | 4.83 | $9242.58 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $107382.66 | 47.612% |  | Full Documentation | QC Complete | 08/15/2025 |
| OJEQOSR433B | xx |  | xx | Ohio | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 07/xx/2025 | 37.710% | 37.710% | Primary | Purchase | 747 |  | XXXX | 43.75 | $3198.32 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.215% | No | Alternative | QC Complete | 10/24/2025 |
| VNUBZYYELDU | xx |  | xx | Illinois | Not Covered/Exempt | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: loan amount less then 100K minimum $90k loan amount - no other min/max parametersxx<br>A copy of an exception approval letter is available in the loan file. | FICO: 794 FICO exceeds the guideline requirement of 720.<br>DTI: 44.36% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $2,563.34 monthly | Single Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 794 |  | XXXX | 9.75 | $4605.34 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.359% | No | Alternative | QC Complete | 09/02/2025 |
| M4T23EK4YJ2 | xx |  | xx | Utah | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Allowing a non-occupying co-borrower with no qualifying income contributed by the occupying borrower.<br>A copy of an exception approval letter is available in the loan file. | LTV: 80.00% LTV is less than the guideline requirement of 90.00%.<br>DTI: 0.49% DTI is less than the maximum guideline requirement of 43.00%.<br>FICO: 732 FICO exceeds the guideline requirement of 660. | Single Family | 06/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 732 |  |  |  |  | Mos Reviewed:56<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 0.488% | Yes | Alternative | QC Complete | 06/24/2025 |
| E2UTBV5X5M5 | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 789 |  | XXXX | 5 | $12237.14 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.291% | Yes | Alternative | QC Complete | 07/23/2025 |
| PNUIKXV3AQH | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 789 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  |  | No | Alternative | QC Complete | 08/26/2025 |
| 1BH1OSHRPH0 | xx |  | xx | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 85.000% | 85.000% | Primary | Purchase | 755 |  | XXXX | 1.75 | $45397.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 29.662% | No | Alternative | QC Complete | 09/04/2025 |
| SMD2TYUQ2QT | xx |  | xx | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 55.457% | 55.457% | Secondary | Purchase | 767 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/21/2025 |
| HX14ZIJHXUG | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 48.049% | 48.049% | Primary | Purchase | 794 |  |  |  | $9002.93 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 33.653% | No | Full Documentation | QC Complete | 08/27/2025 |
| Z2YPQNFNGYV | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 08/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 762 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/04/2025 |
| ES13D0MMM0M | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 761 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/27/2025 |
| ZUTTALYQWYW | xx |  | xx | Michigan | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 747 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $114570.48 |  |  | Alternative | QC Complete | 08/28/2025 |
| IH2QAENC1RG | xx |  | xx | California | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 09/05/2025 - Received title insured amount, condition resolved.<br>\*\*\* (CURED) Missing proof of hazard insurance - EV R<br> COMMENT: Hazard insurance reflecting mortgagee as "xx". Provide updated hazard insurance with mortgagee as "xx".<br>Resolved 09/08/2025 - Received corrected hazard insurance document, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower xx as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: 2023 transcripts returned no record; requesting to waive the need for the prior 2 years transcripts(2021 & 2022).<br>A copy of an exception approval letter is available in the loan file. | FICO: 729 FICO exceeds the guideline requirement of 700.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%.<br>DTI: 46.46% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Cash Out | 729 | 0.58 | XXXX | 14.25 | $4408.37 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $116081.77 | 46.456% |  | Full Documentation | QC Complete | 09/02/2025 |
| WUA0LRHH5R1 | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 06/xx/2025 | 53.191% | 53.191% | Investor | Cash Out | 739 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $112229.76 |  |  | Alternative | QC Complete | 07/02/2025 |
| Q5V0BXRH0Y3 | xx |  | xx | Georgia | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Missing Settlement Service Provider list.<br>Resolved 06/23/2025: Received Settlement Service Provider List dated 05/02/2025 and exception is cleared.<br>\*\*\* (CURED) Intent to Proceed Missing - EV R<br> COMMENT: Missing Intent to proceed document.<br>Resolved 06/23/2025: Received Intent to Proceed dated 05/02/2025 and exception is cleared. |  |  | Single Family | 06/xx/2025 | 60.000% | 60.000% | Primary | Purchase | 812 |  |  |  |  | Mos Reviewed:61<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/18/2025 |
| JPYXQN0PDS2 | xx |  | xx | Indiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 85.000% | 85.000% | Primary | Purchase | 741 |  | XXXX | 3.33 | $138801.27 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 2.339% | Yes | Alternative | QC Complete | 08/21/2025 |
| LE41U1FDU2Q | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 787 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 11/17/2025 |
| K3U2124AW3Q | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) ComplianceEase TRID Tolerance Test is Incomplete - EV R<br> COMMENT: Initial Closing Disclosure is Missing.<br>Resolved 01/14/2025: Received Initial Closing Disclosure dated 12/10/2024 and exception is cleared. |  |  | PUD | 12/xx/2024 | 71.221% | 71.221% | Primary | Purchase | 731 |  | XXXX | 8.16 | $56404.32 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.606% | No | Alternative | QC Complete | 01/10/2025 |
| 01OC0JM2DUX | xx |  | xx | Oklahoma | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 744 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/26/2025 |
| IWQQPZG322O | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 65.902% | 65.902% | Investor | Refinance | 773 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/15/2025 |
| CI55DBO0OLL | xx |  | xx | Illinois | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 64.516% | 64.516% | Primary | Purchase | 819 |  | XXXX | 18.42 | $57775.96 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.138% | No | Alternative | QC Complete | 08/28/2025 |
| PSFRBVXHQYU | xx |  | xx | Oklahoma | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Investor | Refinance | 759 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/13/2025 |
| JKLRLF0CLLK | xx |  | xx | Texas | Non-QM/Compliant | 3 | 2 | 1 | 2 | 1 | No | No |  |  | \*\*\* (CURED) Closing Protection Letter Missing - EV R<br> COMMENT: Missing ISAOA/ATIMA from the xx Lender loss payee information on the CPL & Title commitment. Resolved 06/18/2025 - Received Lender LOX as loss payee info is not required for Texas loans, condition resolved.<br>\*\*\* (CURED) Hazard Insurance - EV R<br> COMMENT: Provide updated Newrez address and include the loan number. The correct mortgagee clause is:xx. Resolved 06/18/2025 - Received insurance with updated xx address, condition resolved.<br>\*\*\* (CURED) Missing Required Disclosures - EV R<br> COMMENT: Lender (AVP or above) to execute Texas Home Equity Certificate from Originating Lender Regarding Compliance with Section 50(a)(6). Texas State Specific Lender Disclosure T-64: Not Executed by Settlement Agent or Seller(s). Resolved 06/12/2025: Received Texas State Specific Lender Disclosure T-64 document and exception is cleared.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide real estate appraisers error and omissions insurance policy, as it is missing. Resolved 06/16/2025 - Received Appraisal E & O insurance policy, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: LoanScorecard Findings and 1008 reflects Property City as "xx". However, Note, Mortgage, Final 1003, Final CD. Reflects Property City as "xx". Provide updated LoanScorecard Findings and 1008. Resolved 06/18/2025 - Received Updated loan score card & 1008 city name, condition resolved. | \*\*\* (WAIVED) Property zoned rural and contains more than 10 acres - EV W<br> COMMENT: The maximum acreage is 20, appraisal reflecting xx Acres which is unacceptable. A copy of an exception approval letter is available in the loan file. | LTV: 53.78% LTV is less than the guideline requirement of 80%. FICO: 736 FICO exceeds the guideline requirement of 660. DTI: 30.58% DTI is less than the maximum guideline requirement of 50.00%. | Single Family | 05/xx/2025 | 53.785% | 53.785% | Primary | Cash Out | 736 | 9.75 | XXXX | 9.08 | $35252.71 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $277392.78 | 30.590% |  | Alternative | QC Complete | 06/24/2025 |
| MIAAL1MM33X | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 06/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 781 |  | XXXX | 8.75 | $81452.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.197% | No | Alternative | QC Complete | 07/02/2025 |
| V32UPFVXYRL | xx |  | xx | Oregon | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 768 |  | XXXX | 0.08 | $1.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.479% | No | Alternative | QC Complete | 08/21/2025 |
| XUIHANAPB4E | xx |  | xx | Oklahoma | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Investor | Refinance | 759 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/13/2025 |
| 3PWFCEMBJWD | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 78.795% | 78.795% | Investor | Purchase | 815 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | DSCR | QC Complete | 07/29/2025 |
| FN0KM3GLNXV | xx |  | xx | New York | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: There is an address discrepancy: the Note, Mortgage, Final 1003, Purchase Contract, and LoanScorecard list the property address as xx whereas the Final Title, Final CD, Appraisal, Secondary Valuation, Flood Certificate, and Hazard Insurance reflect the address as xx Please ensure the correct property address is reflected consistently across all required documents.<br>Not Resolved 08/22/2025 - Received Corrected address for purchase agreement, however Note, mortgage Final 1003 reflects the address as xx, condition resolved.<br>Resolved 08/22/2025- Resolved as the per the legal descriptions matching from Title to Mortgage.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing gift letter in the amount of $xx signed by both donor and borrower.<br>Resolved 08/21/2025 - Received gift letter, condition resolved. |  |  | 3 Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 794 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/19/2025 |
| GSQAGXAOSWA | xx |  | xx | Indiana | Non-QM/Compliant | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Primary borrower living rent free for more than 12 months.<br>A copy of an exception approval letter is available in the loan file. | FICO: 772 FICO exceeds the guideline requirement of 640.<br>LTV: 48.70% LTV is less than the guideline requirement of 80.00%.<br>DTI: 33.80% DTI is less than the maximum guideline requirement of 50.00%. | PUD | 08/xx/2025 | 48.704% | 48.704% | Primary | Purchase | 772 |  | XXXX | 4.33 | $10094.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  | 33.801% | Yes | Alternative | QC Complete | 08/21/2025 |
| SDSBL0I0SHO | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 758 |  | XXXX | 4.83 | $43504.38 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.103% | No | Alternative | QC Complete | 08/15/2025 |
| DX4AACT2CJC | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 60.000% | 60.000% | Primary | Purchase | 714 |  | XXXX | 12.5 | $132536.19 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.278% | No | Alternative | QC Complete | 11/17/2025 |
| 2SXLCTFDCOT | xx |  | xx | Nevada | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of legible Borrower ID XXXX<br>Resolved 09/09/2025 - Received ID for borrower, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting an exception for non-occupant co-borrower on cash out refinance<br>A copy of an exception approval letter is available in the loan file. | LTV: 66.67% LTV is less than the guideline requirement of 85.00%.<br>Reserves: The 9 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 37.48% DTI is less than the maximum guideline requirement of 50.00%.<br>| Single Family | 08/xx/2025 | 66.667% | 66.667% | Primary | Cash Out | 691 | 1.5 | XXXX | 20.66 | $9857.47 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $134849.22 | 37.484% |  | Full Documentation | QC Complete | 09/03/2025 |
| UQCFVSALYBE | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Refinance | 780 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/20/2025 |
| ZX4TYYSLTUQ | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 707 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 08/27/2025 |
| EA2KPXR5CVC | xx |  | xx | Utah | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 75.758% | 75.758% | Primary | Refinance | 810 | 2.25 | XXXX | 3.58 | $21250.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.960% |  | Alternative | QC Complete | 08/18/2025 |
| ISSD3FKOVZS | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 788 |  | XXXX | 11.16 | $17293.22 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.391% | No | Full Documentation | QC Complete | 07/29/2025 |
| 05EN23CMRCZ | xx |  | xx | North Carolina | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 52.178% | 52.178% | Primary | Refinance | 784 | 6 | XXXX | 35.58 | $28600.15 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 8.516% |  | Alternative | QC Complete | 08/27/2025 |
| SHRXKWMRLZJ | xx |  | xx | New York | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Mid Rise Condo (5-8 Stories) | 08/xx/2025 | 46.309% | 46.309% | Primary | Purchase | 754 |  | XXXX | 7.58 | $19437.36 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.249% | Yes | Alternative | QC Complete | 08/27/2025 |
| 3SLC3BGNDND | xx |  | xx | Florida | Non-QM/Compliant | 3 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of condo-questionnaire, as it is missing.<br>Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: First time homebuyer living rent-free >12 months<br>A copy of an exception approval letter is available in the loan file. | DTI: 27.269% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 75 months of available reserves are more than the guideline requirement of 3 months.<br>FICO: 779 FICO exceeds the guideline requirement of 640. | High Rise Condo (>=9 Stories) | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 779 |  | XXXX | 4.58 | $21845.87 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.270% | Yes | Alternative | QC Complete | 11/17/2025 |
| 4QYKR304K32 | xx |  | xx | Texas | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 739 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: | $147108.41 |  |  | Alternative | QC Complete | 09/04/2025 |
| FEFPAPHJKXI | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 783 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/04/2025 |
| I5YR5ZOFQYM | xx |  | xx | Illinois | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 762 |  | XXXX | 2.91 | $7135.05 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 27.277% | Yes | Alternative | QC Complete | 08/27/2025 |
| JQUTGJ2QLAO | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Provide a copy of the master policy. The hazard insurance coverage of $xx for the dwelling is insufficient to cover the loan amount of $xx<br>Resolved 09/09/2025 - Received coverage document, condition resolved. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 65.902% | 65.902% | Investor | Refinance | 773 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  |  | Alternative | QC Complete | 08/13/2025 |
| 1APNJX1EMTF | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing UDM (undisclosed debt monitoring) for borrower (xx) & Co-borrower(xx).<br>Resolved 09/04/2025 - Received UDM Acknowledgment document, condition resolved. |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Primary | Refinance | 769 | 0.16 | XXXX | 11.83 | $12881.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.657% |  | Alternative | QC Complete | 08/27/2025 |
| BTRO1TGK5UA | xx |  | xx | Colorado | Non-QM/Compliant | 4 | 2 | 2 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance $xx does not cover the loan amount $xx. Provide a copy of the title supplement report to cover the loan amount.<br>Resolved 10/01/2025 - Received title report with insured amount, condition resolved.<br>\*\*\* (CURED) Assets are not sufficient to close - EV R<br> COMMENT: Bank statement missing for the checking account showing the $xx proceeds from the refinance of loan number xx.<br>Resolved on 09/15/2025 : Received settlement statement for net proceeds $75,000 , condition resolved.<br>\*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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.<br>Higher-Priced Mortgage Loan Test: Allowed 9.016% Charge 8.130% Overby +0.886%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower Ricardo Faugier Chavira as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Requesting Max LTV of 85% vs Max Allowed of 80% for Primary, Limited C/O Refinance.<br>A copy of an exception approval letter is available in the loan file. | DTI: 26.78% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $25,409.78 monthly | Single Family | 08/xx/2025 | 85.000% | 85.000% | Primary | Refinance | 689 | 1.5 | XXXX | 13.33 | $34730.63 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 26.838% |  | Alternative | QC Complete | 09/03/2025 |
| AOSJKAZA51F | xx |  | xx | Colorado | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The $xx coverage amount on the title report is less than the mortgage loan amount of $xx.Provide title supplement report or final policy with sufficient title insurance.<br>Resolved 09/04/2025 - Received Short form policy with insured amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing UDM (undisclosed debt monitoring).<br>Resolved 09/04/2025 - Received client response as " no UDM in the file, that means no new debt was taken out and nothing else would be in for review for this", condition resolved. |  |  | PUD | 08/xx/2025 | 60.000% | 60.000% | Investor | Cash Out | 689 |  | XXXX | 13.33 | $34730.63 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $100987.80 | 27.260% |  | Alternative | QC Complete | 08/27/2025 |
| E1IKUQGHK1N | xx |  | xx | Texas | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 743 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 9.530% | No | Alternative | QC Complete | 08/19/2025 |
| ASJ5FVADJA5 | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 07/09/2025 - Received title report with insured amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide LoanScorecard 1 of 4 page is missing.<br>Resolved 07/09/2025 - Received corrected Loan score card, condition resolved. |  |  | Single Family | 06/xx/2025 | 38.889% | 38.889% | Primary | Purchase | 785 |  | XXXX | 11.25 | $15093.63 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 43.371% | No | Alternative | QC Complete | 07/03/2025 |
| F3JGNQ0Q2C2 | xx |  | xx | Pennsylvania | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 728 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/10/2025 |
| ENC0E1N024L | xx |  | xx | Alaska | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 771 |  | XXXX | 15 | $18177.24 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 22.022% | No | Alternative | QC Complete | 09/03/2025 |
| NAL1PWZXDYE | xx |  | xx | New Jersey | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 66.612% | 66.612% | Primary | Purchase | 723 |  | XXXX | 15.58 | $32258.87 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 12.888% | Yes | Alternative | QC Complete | 08/18/2025 |
| CIQZ2XQAP3Z | xx |  | xx | Indiana | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 85.000% | 85.000% | Primary | Purchase | 791 |  | XXXX | 3.58 | $14164.74 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 23.552% | Yes | Alternative | QC Complete | 08/21/2025 |
| CKFDSDTEOXY | xx |  | xx | Hawaii | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline. Credit Gap report present in file dated 07/xx/2025 before closing date 08/xxx/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 76.731% | 76.731% | Investor | Purchase | 786 |  | XXXX | 16.41 | $58424.75 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 38.789% | No | Full Documentation | QC Complete | 09/03/2025 |
| E4LZZOEXQFC | xx |  | xx | Florida | Not Covered/Exempt | 2 | 2 | 2 | 1 | 1 | No | No |  |  |  | \*\*\* (WAIVED) Loan does not conform to program guidelines - EV W<br> COMMENT: Loan amount of $xx with 85% LTV exceeds the eligibility matrix requirement of maximum 80% LTV.<br>A copy of an exception approval letter is available in the loan file. | FICO: 797 FICO exceeds the guideline requirement of 720.<br>DTI: 16.08% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 18 months of available reserves are more than the guideline requirement of 9 months. | 3 Family | 07/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 797 |  | XXXX | 7.75 | $198333.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 16.084% | No | Alternative | QC Complete | 07/31/2025 |
| IUCWCNHTECC | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 669 |  | XXXX | 3.58 | $11361.21 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 40.263% | Yes | Alternative | QC Complete | 09/03/2025 |
| 401PJEB3PWF | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 85.000% | 85.000% | Primary | Purchase | 810 |  | XXXX | 3.16 | $43486.08 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type:Credit Report |  | 36.151% | No | Alternative | QC Complete | 07/18/2025 |
| 3ZJJHLV4W3F | xx |  | xx | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 07/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 736 |  |  |  |  | Mos Reviewed:12<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Verification of Rent | $6135.39 |  |  | Alternative | QC Complete | 07/31/2025 |
| 0O5GDUHHIYR | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 739 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $105638.61 |  |  | Alternative | QC Complete | 07/03/2025 |
| YFSHBZHA3CN | xx |  | xx | Oregon | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 764 |  | XXXX | 5.08 | $42250.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 30.878% | No | Full Documentation | QC Complete | 08/15/2025 |
| E45T43UWKSG | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Borrower Identity Missing - EV R<br> COMMENT: Missing proof of identification of borrower.<br>Resolved 07/09/2025 - Received borrower ID, condition resolved.<br>\*\*\* (CURED) Automated Appraisal Review Missing - EV R<br> COMMENT: Loan amount exceeds $1,500,000, which requires two appraisals. Currently, only one appraisal is included in the loan file. Please provide a second appraisal.<br>Resolved 07/09/2025 - Received second appraisal. condition resolved.<br>\*\*\* (CURED) Hazard Insurance Coverage less than Loan Amount - EV R<br> COMMENT: Provide a copy of replacement cost estimator as the $801,000 +50% on the dwelling and the additional replacement cost of $800,449($801,000+50% = $1,201,000 + $800,449 = $2,001,949), which is less than the loan amount of $xx<br>Resolved 07/16/2025 - Received Replacement cost document, condition resolved. |  |  | PUD | 06/xx/2025 | 70.000% | 70.000% | Primary | Purchase | 796 |  | XXXX | 5.58 | $30853.25 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 49.940% | No | Alternative | QC Complete | 07/03/2025 |
| X5XNRY3WTN0 | xx |  | xx | Connecticut | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) ComplianceEase TRID Tolerance Test is Incomplete - EV R<br> COMMENT: Missing Initial Closing Disclosure.<br>Resolved 09/09/2025: Received Initial Closing Disclosure dated 08/xx/2025 and exception is cleared.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide UDM for borrower(XXXX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 716 | 22.16 | XXXX | 0.91 | $10000.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.423% | No | Full Documentation | QC Complete | 09/04/2025 |
| JL3TRI2X3LR | xx |  | xx | Georgia | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 44.444% | 44.444% | Primary | Cash Out | 801 | 1.66 | XXXX | 10.66 | $8352.39 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $221624.09 | 49.340% |  | Alternative | QC Complete | 08/14/2025 |
| ATGUQDHZ5WP | xx |  | xx | Ohio | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Secondary | Purchase | 726 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 42.720% | No | Full Documentation | QC Complete | 09/03/2025 |
| 0P30OYEJCV1 | xx |  | xx | California | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 06/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 748 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 06/24/2025 |
| R425TBG05DP | xx |  | xx | Wisconsin | Non-QM/Compliant | 4 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Federal Higher Price Mortgage Loan - EV R<br> COMMENT: 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<br>Higher-Priced Mortgage Loan Test: Charged 8.409% Allowed 8.290% Overby +0.119%<br>This loan is compliant with regulation 1026.35.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower(xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | PUD | 08/xx/2025 | 85.000% | 85.000% | Primary | Purchase | 704 |  | XXXX | 4.58 | $14911.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 48.259% | Yes | Alternative | QC Complete | 09/03/2025 |
| PUCX0KKRNJZ | xx |  | xx | Florida | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 724 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/04/2025 |
| KCCTECXIDJE | xx |  | xx | New Jersey | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 724 |  | XXXX | 10.58 | $22315.69 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 44.584% | No | Alternative | QC Complete | 08/20/2025 |
| JBYNK0OA3GI | xx |  | xx | Colorado | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 08/xx/2025 | 15.686% | 15.686% | Investor | Cash Out | 782 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $195920.10 |  |  | Alternative | QC Complete | 08/21/2025 |
| 2EFDGOZSA3O | xx |  | xx | Illinois | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Business purpose disclosure is missing.<br>Resolved 09/09/2025 - Received business purpose document, condition resolved. |  |  | 2 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Cash Out | 785 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $58735.56 |  |  | Alternative | QC Complete | 09/03/2025 |
| 14I1DOH2AIT | xx |  | xx | Florida | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Missing Condo-Rider.<br>Resolved 10/03/2025 - Received condo rider, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Missing condo questionnaire.<br>Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. |  |  | High Rise Condo (>=9 Stories) | 08/xx/2025 | 80.000% | 80.000% | Investor | Purchase | 774 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type: |  |  | No | Alternative | QC Complete | 08/27/2025 |
| RCIBO0IF0YA | xx |  | xx | Ohio | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 4 Family | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 710 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  |  | No | Alternative | QC Complete | 08/28/2025 |
| A2CSNOJIAB1 | xx |  | xx | California | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers (xx) as it is required by the guideline. 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 732 |  |  |  | $0.00 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 5.341% | Yes | Alternative | QC Complete | 09/03/2025 |
| J1LFGHRLPAH | xx |  | xx | Ohio | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Hazard Insurance - EV R<br> COMMENT: Provide hazard Insurance for subject property with correct mortgagee clause and coverage amount to match loan amount or show 100% replacement cost.<br>Resolved 08/07/2025 - Received hazard insurance with replacement cost and mortgage clause, condition resolved. |  |  | PUD | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 734 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.064% | No | Alternative | QC Complete | 07/31/2025 |
| IFPNVVBFLSB | xx |  | xx | California | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 08/xx/2025 | 7.442% | 7.442% | Primary | Cash Out | 813 | 28 | XXXX | 35.23 | $5146.39 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $95331.77 | 42.112% |  | Alternative | QC Complete | 08/18/2025 |
| OBNONAJ1EL5 | xx |  | xx | Missouri | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | 2 Family | 08/xx/2025 | 85.000% | 85.000% | Investor | Purchase | 755 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type: |  |  | No | Alternative | QC Complete | 08/21/2025 |
| ILVUCH5JSUK | xx |  | xx | Tennessee | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 75.000% | 75.000% | Primary | Purchase | 785 |  | XXXX | 0.33 | $14999.72 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 25.402% | No | Full Documentation | QC Complete | 07/31/2025 |
| HEMLB0QOLR3 | xx |  | xx | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: The amount of title insurance $xx does not cover the loan amount $xx. Provide a copy of the title supplement report to cover the loan amount.<br>Resolved 09/09/2025 - Received final title policy, condition resolved.<br>\*\*\* (CURED) Required Documentation Missing or Incomplete - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | 2 Family | 08/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 771 |  | XXXX | 5.66 | $41125.76 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 19.559% | Yes | Alternative | QC Complete | 09/04/2025 |
| SSBUL0SCCVH | xx |  | xx | New York | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Low Rise Condo (1-4 Stories) | 08/xx/2025 | 75.000% | 75.000% | Investor | Purchase | 789 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  |  | No | Alternative | QC Complete | 09/04/2025 |
| Z2RUZOYE0RU | xx |  | xx | Arizona | Not Covered/Exempt | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | PUD | 07/xx/2025 | 70.000% | 70.000% | Investor | Purchase | 791 |  | XXXX | 2.75 | $9818.19 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:<br> Max Days Dlq Last 12 Mos:<br> Verification Type:Credit Report |  | 38.262% | No | Alternative | QC Complete | 08/06/2025 |
| YWY0WY0UP12 | xx |  | xx | New York | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Amount of title insurance is less than mortgage amount - EV R<br> COMMENT: Provide updated supplemental report with amount of title insurance covering the loan amount $xx<br>Resolved 08/07/2025 - Received title report with insured amount, condition resolved. |  |  | Single Family | 07/xx/2025 | 69.049% | 69.049% | Primary | Refinance | 756 | 21 | XXXX | 10.33 | $38273.01 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 20.974% |  | Alternative | QC Complete | 08/04/2025 |
| PHQFJIKADYT | xx |  | xx | Florida | Non-QM/Compliant | 1 | 1 | 1 | 1 | 1 | No | No |  |  |  |  |  | Single Family | 07/xx/2025 | 80.000% | 80.000% | Primary | Purchase | 797 |  | XXXX | 25.08 | $41043.33 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 24.948% | No | Alternative | QC Complete | 07/17/2025 |
| QPO1QMSISPR | xx |  | xx | North Carolina | Non-QM/Compliant | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | PUD | 08/xx/2025 | 70.000% | 70.000% | Primary | Purchase | 674 |  | XXXX | 2.75 | $247617.50 | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report |  | 4.176% | No | Alternative | QC Complete | 09/04/2025 |
| SVEMTPDNJY3 | xx |  | xx | California | Not Covered/Exempt | 3 | 1 | 1 | 1 | 1 | No | No |  |  | \*\*\* (CURED) Required Documentation Missing - EV R<br> COMMENT: Provide UDM for borrower (xx) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | Single Family | 08/xx/2025 | 64.085% | 64.085% | Investor | Cash Out | 707 |  |  |  |  | Mos Reviewed:24<br> Times 1X30:0<br> Times 1X60:0<br> Times 1X90:0<br> Currently Delinquent? :No<br> Total Delinquent:<br> Mortgage/Rent Dlq Last 12 Mos:0<br> Max Days Dlq Last 12 Mos:0<br> Verification Type:Credit Report | $172355.64 |  |  | Alternative | QC Complete | 09/03/2025 |

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## Exhibit 99.2

**Exhibit 99.2 Schedule 5**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| J3BO1WIVZ51 | XX |  | XX | North Carolina | 06/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Valuation | Valuation | J3BO1WIVZ51-U60VDKD3 | Resolved | 3 | R | \* Automated Appraisal Review Incomplete or Data not complete (Lvl R) | An updated CDA is needed for the subject property, as the value has not been provided.<br>Not Resolved 08/11/2025 - Required an updated CDA report for the subject property as the value has not been provided, not resolved.<br>Resolved 09/02/2025 - The condition has been resolved as we have an indeterminate value on the CDA and two appraisals | Resolved 09/02/2025 - The condition has been resolved as we have an indeterminate value on the CDA and two appraisals | Resolved 09/02/2025 - The condition has been resolved as we have an indeterminate value on the CDA and two appraisals |  |  | QC Complete | 08/04/2025 | 09/02/2025 | 09/02/2025 | 08/04/2025 |
| ONO4HCYCG1N | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | ONO4HCYCG1N-JB8D6DUS | Resolved | 3 | R | \* Missing Final 1003_Application (Lvl R) | Missing updated Final application with correction in answer to the Section 5a point A - 1 & 2. Borrower marked as previous property address XX<br>Resolved 06/18/2025 - Received client response as the address section should have been marked as "No primary Housing Expense" and the Declarations section was completed correctly, condition resolved. | Resolved 06/18/2025 - Received client response as the address section should have been marked as "No primary Housing Expense" and the Declarations section was completed correctly, condition resolved. | Resolved 06/18/2025 - Received client response as the address section should have been marked as "No primary Housing Expense" and the Declarations section was completed correctly, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 05/21/2025 |
| ONO4HCYCG1N | XX |  | XX | Utah | 04/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | ONO4HCYCG1N-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing proof of payoff statement or sale for property address XX<br>Resolved 06/18/2025 - Received client response as " The property located at xx was owned and financed in her husband's name only. So, technically she didn't own and she was never obligated on any loan tied to the property previously, condition resolved. | Resolved 06/18/2025 - Received client response as " The property located at XX was owned and financed in her husband's name only. So, technically she didn't own and she was never obligated on any loan tied to the property previously, condition resolved. | Resolved 06/18/2025 - Received client response as " The property located at XXwas owned and financed in her husband's name only. So, technically she didn't own and she was never obligated on any loan tied to the property previously, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 05/21/2025 |
| SNF2MIQMWSU | XX |  | XX | South Dakota | 07/XX/2025 | Cash Out | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | SNF2MIQMWSU-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Borrower credit score is 713 , guideline require minimum FICO 720.<br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 79.15% LTV is less than the guideline requirement of 80.00%.<br>DTI: 46.03% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 10/23/2025 |  |  | 08/15/2025 |
| 5IETX4IM4O5 | XX |  | XX | Connecticut | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Other Disclosures | 5IETX4IM4O5-ZXHR0C1D | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Provide a copy of lease agreement of subject property as it is missing.<br>06/27/2025 Resolved : Resolved as the lower amount was used conservatively. | 06/27/2025 Resolved : Resolved as the lower amount was used conservatively. | 06/27/2025 Resolved : Resolved as the lower amount was used conservatively. |  |  | QC Complete | 06/09/2025 | 06/27/2025 | 06/27/2025 | 06/07/2025 |
| B2NAN4LSF1B | XX |  | XX | North Carolina | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | B2NAN4LSF1B-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of E&O policy.<br>08/13/2025: Resolved as E&O policy is not required. | 08/13/2025: Resolved as E&O policy is not required. | 08/13/2025: Resolved as E&O policy is not required. |  |  | QC Complete | 06/12/2025 | 08/13/2025 | 08/13/2025 | 06/11/2025 |
| 341GCKWYZHX | XX |  | XX | South Carolina | 05/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 341GCKWYZHX-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of guaranty agreement as it is missing.<br>Resolved 07/16/2025 - A guaranty is not required if the borrower signs the promissory note individually, condition resolved. | Resolved 07/16/2025 - A guaranty is not required if the borrower signs the promissory note individually, condition resolved. | Resolved 07/16/2025 - A guaranty is not required if the borrower signs the promissory note individually, condition resolved. |  |  | QC Complete | 06/20/2025 | 07/16/2025 | 07/16/2025 | 06/19/2025 |
| 4FUMCYXHOBR | XX |  | XX | Wisconsin | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | 4FUMCYXHOBR-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (xx) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| RELCR0O1HQ4 | XX |  | XX | Massachusetts | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | RELCR0O1HQ4-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of borrower identity (Government identification), as it is missing.<br>Resolved 08/04/2025 - Received GOV ID, condition resolved. | Resolved 08/04/2025 - Received GOV ID, condition resolved. | Resolved 08/04/2025 - Received GOV ID, condition resolved. |  |  | QC Complete | 07/22/2025 | 08/04/2025 | 08/04/2025 | 07/18/2025 |
| J5LK4G5BNCM | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | J5LK4G5BNCM-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing Condo questionnaire.<br>Resolved 08/27/2025 - Received condo questionnaire, condition resolved. | Resolved 08/27/2025 - Received condo questionnaire, condition resolved. | Resolved 08/27/2025 - Received condo questionnaire, condition resolved. |  |  | QC Complete | 08/18/2025 | 08/27/2025 | 08/27/2025 | 08/14/2025 |
| J5LK4G5BNCM | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | J5LK4G5BNCM-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing Flood certificate with FEMA map # XX and FEMA map date 03/xx/1994.<br>Resolved 08/27/2025 - Received Flood certificate, condition resolved. | Resolved 08/27/2025 - Received Flood certificate, condition resolved. | Resolved 08/27/2025 - Received Flood certificate, condition resolved. |  |  | QC Complete | 08/18/2025 | 08/27/2025 | 08/27/2025 | 08/14/2025 |
| 5TJJNBJD4CR | XX |  | XX | Maryland | 06/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit |  | 5TJJNBJD4CR-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling amount of $XX is not sufficient to cover loan amount of $XX. Provide a replacement cost estimator to cover the dwelling amount.<br>Resolved 08/27/2025 - Received RCE document, condition resolved. | Resolved 08/27/2025 - Received RCE document, condition resolved. | Resolved 08/27/2025 - Received RCE document, condition resolved. |  |  | QC Complete | 10/23/2025 | 10/23/2025 | 10/23/2025 | 08/12/2025 |
| 5TJJNBJD4CR | XX |  | XX | Maryland | 06/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | 5TJJNBJD4CR-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Delivery was delayed due to holidays and Sell Side Lock Expiration date is what we were going off of to ship.<br>A copy of an exception approval letter is available in the loan file. |  |  | DSCR: 1.16 DSCR exceeds the guideline requirement of 1.00.<br>FICO: 734 FICO exceeds the guideline requirement of 720.<br>Reserves: The 87 months of available reserves are more than the guideline requirement of 6 months. |  | QC Complete | 10/23/2025 |  |  | 08/13/2025 |
| 4QJKV5FBJYT | XX |  | XX | Washington | 07/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | 4QJKV5FBJYT-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide XX for borrower(Name) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as XX is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| QP0EGBKWACO | XX |  | XX | Florida | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | QP0EGBKWACO-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Flood insurance for the subject property (XX) expired on 05/14/2025.<br>Resolved 08/27/2025 - Received flood insurance document, condition resolved. | Resolved 08/27/2025 - Received flood insurance document, condition resolved. | Resolved 08/27/2025 - Received flood insurance document, condition resolved. |  |  | QC Complete | 08/04/2025 | 08/27/2025 | 08/27/2025 | 08/01/2025 |
| QP0EGBKWACO | XX |  | XX | Florida | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | QP0EGBKWACO-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide Condominium Questionnaire, as it is missing.<br>Not Resolved 08/11/2025 - Required Condominium Questionnaire, condition not resolved.<br>Resolved 09/03/2025 - Received Condo Questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo Questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo Questionnaire, condition resolved. |  |  | QC Complete | 08/04/2025 | 09/03/2025 | 09/03/2025 | 08/01/2025 |
| 4OR5GWIEPTY | XX |  | XX | California | 06/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | 4OR5GWIEPTY-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX.<br>Resolved 08/28/2025 - Received final title policy, condition resolved. | Resolved 08/28/2025 - Received final title policy, condition resolved. | Resolved 08/28/2025 - Received final title policy, condition resolved. |  |  | QC Complete | 08/14/2025 | 08/28/2025 | 08/28/2025 | 08/13/2025 |
| NYY4WT2ZHVH | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | NYY4WT2ZHVH-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | The dwelling coverage amount of $XX indicated on the hazard insurance policy is inadequate to cover the loan amount of $XX. Furthermore, while a replacement cost estimator has been provided, the estimated replacement cost of $XX is not fully supported by the current dwelling coverage. Kindly provide a revised replacement cost estimator that substantiates a dwelling coverage amount sufficient to cover the full loan amount.<br>Resolved 08/24/2025 - RCE Covers the dwelling amount with $XX | Resolved 08/24/2025 - RCE Covers the dwelling amount with $XX | Resolved 08/24/2025 - RCE Covers the dwelling amount with $XX |  |  | QC Complete | 08/01/2025 | 08/24/2025 | 08/24/2025 | 07/31/2025 |
| NYY4WT2ZHVH | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | NYY4WT2ZHVH-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 08/13/2025 - Received final title policy, condition resolved. | Resolved 08/13/2025 - Received final title policy, condition resolved. | Resolved 08/13/2025 - Received final title policy, condition resolved. |  |  | QC Complete | 08/01/2025 | 08/13/2025 | 08/13/2025 | 07/31/2025 |
| CXQF1I0U0VG | XX |  | XX | Tennessee | 07/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | CXQF1I0U0VG-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide the tax and insurance documents for the property located at XX<br>Resolved 08/28/2025 - Received insurance document, condition resolved. | Resolved 08/28/2025 - Received insurance document, condition resolved. | Resolved 08/28/2025 - Received insurance document, condition resolved. |  |  | QC Complete | 08/14/2025 | 08/28/2025 | 08/28/2025 | 08/13/2025 |
| CXQF1I0U0VG | XX |  | XX | Tennessee | 07/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | CXQF1I0U0VG-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | The final application lists the subject property as an investment property. Please provide a corrected 1003 for XX reflecting it as the primary residence.<br>Resolved 08/28/2025 - Received corrected 1003, condition resolved. | Resolved 08/28/2025 - Received corrected 1003, condition resolved. | Resolved 08/28/2025 - Received corrected 1003, condition resolved. |  |  | QC Complete | 08/14/2025 | 08/28/2025 | 08/28/2025 | 08/13/2025 |
| CXQF1I0U0VG | XX |  | XX | Tennessee | 07/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | CXQF1I0U0VG-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Provide a copy of Government ID for borrower (XX), as it is missing.<br>Resolved 08/28/2025 - Received Gov ID, condition resolved. | Resolved 08/28/2025 - Received Gov ID, condition resolved. | Resolved 08/28/2025 - Received Gov ID, condition resolved. |  |  | QC Complete | 08/14/2025 | 08/28/2025 | 08/28/2025 | 08/13/2025 |
| ESZVU5WMA05 | XX |  | XX | North Carolina | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | ESZVU5WMA05-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| JNYXHM1DE1E | XX |  | XX | California | 06/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Doc Issue | JNYXHM1DE1E-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The proposed Lender's coverage on the Preliminary Title is less than the loan amount. The title document shows coverage of $XX, while the Note indicates a loan amount of $XX<br>Resolved 09/03/2025 - Received final title policy, condition resolved. | Resolved 09/03/2025 - Received final title policy, condition resolved. | Resolved 09/03/2025 - Received final title policy, condition resolved. |  |  | QC Complete | 08/15/2025 | 09/03/2025 | 09/03/2025 | 08/13/2025 |
| JNYXHM1DE1E | XX |  | XX | California | 06/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Credit | JNYXHM1DE1E-EDXGB1F3 | Waived | 2 | W | \* Required Documentation Missing (Lvl W) | The loan was delivered more than 15 days late due to delays in funding and disbursement before it could be forwarded to the shipping department. This loan was a dry state purchase that funded on July XX, 2025, and was subsequently sent to the shipping department. The shipping department does not prioritize loans; they are processed on a first-in, first-out basis, which resulted in additional delays.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 39.21% DTI is less than the maximum guideline requirement of 50.00%<br>Reserves: The 23 months of available reserves are more than the guideline requirement of 10 months.<br>FICO: 786 FICO exceeds the guideline requirement of 720. |  | QC Complete | 08/15/2025 |  |  | 08/13/2025 |
| JWOZMFCR1XI | XX |  | XX | Florida | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | JWOZMFCR1XI-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of UDM Document.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| FBTSERAXCLL | XX |  | XX | Ohio | 07/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Valuation | Valuation | FBTSERAXCLL-ZI5GG5MN | Resolved | 3 | R | \* Automated Appraisal Review Missing (Lvl R) | Missing CDA ordered from an AMC.<br>Resolved 08/28/2025 - Received CDA, condition resolved. | Resolved 08/28/2025 - Received CDA, condition resolved. | Resolved 08/28/2025 - Received CDA, condition resolved. |  |  | QC Complete | 08/14/2025 | 08/28/2025 | 08/28/2025 | 08/14/2025 |
| TPXXWMPCLCN | XX |  | XX | Illinois | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | TPXXWMPCLCN-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing the loan score card.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| AYOKI520YEV | XX |  | XX | Iowa | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | AYOKI520YEV-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| MHMD4V0C0MQ | XX |  | XX | California | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | MHMD4V0C0MQ-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 08/28/2025 - Received final title report, condition resolved. | Resolved 08/28/2025 - Received final title report, condition resolved. | Resolved 08/28/2025 - Received final title report, condition resolved. |  |  | QC Complete | 08/15/2025 | 08/28/2025 | 08/28/2025 | 08/14/2025 |
| SBEVNZVWOY1 | XX |  | XX | California | 07/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | SBEVNZVWOY1-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 09/26/2025 - Received title commitment, condition resolved. | Resolved 09/26/2025 - Received title commitment, condition resolved. | Resolved 09/26/2025 - Received title commitment, condition resolved. |  |  | QC Complete | 08/29/2025 | 09/26/2025 | 09/26/2025 | 08/28/2025 |
| SBEVNZVWOY1 | XX |  | XX | California | 07/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | SBEVNZVWOY1-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of loan scorecard it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| E2E42NBVSJA | XX |  | XX | California | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | E2E42NBVSJA-DFWG7HN5 | Resolved | 3 | R | \* Missing proof of hazard insurance (Lvl R) | Provide a copy of the hazard insurance documents for subject property, as it is missing<br>Resolved 10/10/2025 - Received Master policy with dwelling coverage, condition resolved. | Resolved 10/10/2025 - Received Master policy with dwelling coverage, condition resolved. | Resolved 10/10/2025 - Received Master policy with dwelling coverage, condition resolved. |  |  | QC Complete | 08/29/2025 | 10/10/2025 | 10/10/2025 | 08/28/2025 |
| E2E42NBVSJA | XX |  | XX | California | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | E2E42NBVSJA-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| E2E42NBVSJA | XX |  | XX | California | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | E2E42NBVSJA-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline<br>Gap report present in file dated on 07/XX/2025<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| DS4SELEEBR3 | XX |  | XX | Florida | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | DS4SELEEBR3-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling coverage ($XX) reflected on the hazard insurance policy is not sufficient to cover the loan amount ($XX). A replacement cost estimator is present, and the amount of the replacement cost estimator ($XX) is not being covered by the dwelling coverage.<br>Resolved 09/17/2025 - Received document with 100% replacement coverage, condition resolved. | Resolved 09/17/2025 - Received document with 100% replacement coverage, condition resolved | Resolved 09/17/2025 - Received document with 100% replacement coverage, condition resolved |  |  | QC Complete | 08/15/2025 | 09/17/2025 | 09/17/2025 | 08/13/2025 |
| RO2YIM4UBFQ | XX |  | XX | Florida | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | RO2YIM4UBFQ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| XXA2KZTHRXN | XX |  | XX | Maine | 07/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | XXA2KZTHRXN-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/29/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| XXA2KZTHRXN | XX |  | XX | Maine | 07/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | XXA2KZTHRXN-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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<br>Higher-Priced Mortgage Loan Test: Charged 8.324% Allowed 8.270% + Overby 0.054% <br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 08/29/2025 | 08/29/2025 | 08/29/2025 | 08/29/2025 |
| GQIQW1HHHDP | XX |  | XX | Florida | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit |  | GQIQW1HHHDP-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | "The dwelling coverage of $XX reflected in the hazard insurance policy is not sufficient to cover the loan amount of $XX. Provide replacement cost estimator to covered the dwelling coverage.<br>Resolved 09/26/2025 - Received RCE document, condition resolved. | Resolved 09/26/2025 - Received RCE document, condition resolved. | Resolved 09/26/2025 - Received RCE document, condition resolved. |  |  | QC Complete | 08/29/2025 | 09/26/2025 | 09/26/2025 | 08/28/2025 |
| 0D4E3Z5LRVO | xx |  | xx | California | 08/xx/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Credit | 0D4E3Z5LRVO-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower(xx) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/02/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| 0D4E3Z5LRVO | xx |  | xx | California | 08/xx/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Credit | 0D4E3Z5LRVO-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the Condominium Questionnaire, as it is missing.<br>Resolved 09/23/2025 - Received client response as 2-4 unit property does not require condo questionnaire, condition resolved. | Resolved 09/23/2025 - Received client response as 2-4 unit property does not require condo questionnaire, condition resolved. | Resolved 09/23/2025 - Received client response as 2-4 unit property does not require condo questionnaire, condition resolved. |  |  | QC Complete | 09/02/2025 | 09/23/2025 | 09/23/2025 | 08/29/2025 |
| EGOM1SK1DGY | XX |  | XX | North Carolina | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | EGOM1SK1DGY-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 08/28/2025 | 09/11/2025 | 09/11/2025 | 08/28/2025 |
| UFOL4PIUBFP | XX |  | XX | Washington | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | UFOL4PIUBFP-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | B2 final 1003 provided which signed on 08/XX/2025. Provide a copy of Final 1003 for Borrower XX dated on 08/XX/2025.<br>Resolved 09/30/2025 - Received final 1003 with dated date of XX/XX/XXXX, condition resolved. | Resolved 09/30/2025 - Received final 1003 with dated date of XX/XX/XXXX, condition resolved. | Resolved 09/30/2025 - Received final 1003 with dated date of XX/XX/XXXX, condition resolved. |  |  | QC Complete | 09/02/2025 | 09/30/2025 | 09/30/2025 | 08/29/2025 |
| UFOL4PIUBFP | XX |  | XX | Washington | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | UFOL4PIUBFP-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount $100,000.00 of preliminary title insurance is not covering the loan amount $XX. Provide a copy of supplemental title insurance which covers the loan amount.<br>Resolved 09/30/2025 - Received supplement report, condition resolved. | Resolved 09/30/2025 - Received supplement report, condition resolved. | Resolved 09/30/2025 - Received supplement report, condition resolved. |  |  | QC Complete | 09/02/2025 | 09/30/2025 | 09/30/2025 | 08/28/2025 |
| 1N4ZLYN3XFS | XX |  | XX | California | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 1N4ZLYN3XFS-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Loan score card.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 09/02/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| GU0BOAHR0SY | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | GU0BOAHR0SY-HI5N7YPL | Resolved | 3 | R | \* Mortgage missing / unexecuted (Lvl R) | Deed of trust borrower signed on 6/xx/2025. Provide a copy of deed of trust for Borrower (XX) singed dated on 07/xx/2025.<br>Resolved 10/07/2025 - Received Affidavit document of trust dated on 07/24/2025, condition resolved. | Resolved 10/07/2025 - Received Affidavit document of trust dated on 06/24/2025, condition resolved. | Resolved 10/07/2025 - Received Affidavit document of trust dated on 06/24/2025, condition resolved. |  |  | QC Complete | 09/02/2025 | 10/07/2025 | 10/07/2025 | 08/28/2025 |
| GU0BOAHR0SY | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | GU0BOAHR0SY-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower XXs as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/02/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| GU0BOAHR0SY | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | GU0BOAHR0SY-U1CA63D2 | Resolved | 3 | R | \* Application Missing (Lvl R) | Missing final application dated 07/XX/2025.<br>Resolved 10/07/2025 - Received final 1003 application, condition resolved. | Resolved 10/07/2025 - Received final 1003 application, condition resolved. | Resolved 10/07/2025 - Received final 1003 application, condition resolved. |  |  | QC Complete | 09/02/2025 | 10/07/2025 | 10/07/2025 | 08/28/2025 |
| GU0BOAHR0SY | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | GU0BOAHR0SY-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 09/02/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| BP535ZEAZ0R | XX |  | XX | Illinois | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | BP535ZEAZ0R-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 09/03/2025 |
| BP535ZEAZ0R | XX |  | XX | Illinois | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | BP535ZEAZ0R-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowerXXas it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| BP535ZEAZ0R | XX |  | XX | Illinois | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit |  | BP535ZEAZ0R-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Dwelling amount XX is not sufficient to cover loan amount $XX, provide a copy of replacement cost estimator is being covered by the dwelling.<br>Resolved 10/07/2025 - Received RCE document with coverage 100%, condition resolved. | Resolved 10/07/2025 - Received RCE document with coverage $XX, condition resolved. | Resolved 10/07/2025 - Received RCE document with coverage $XX condition resolved. |  |  | QC Complete | 09/03/2025 | 10/07/2025 | 10/07/2025 | 08/28/2025 |
| T2JECF1E11Q | XX |  | XX | North Carolina | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | T2JECF1E11Q-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/02/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| TRUF11LKYSZ | XX |  | XX | California | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | TRUF11LKYSZ-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the loan score card, as it is missing.<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 09/03/2025 |
| TRUF11LKYSZ | XX |  | XX | California | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | TRUF11LKYSZ-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers (XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 09/03/2025 |
| WJDI5GQSGDR | XX |  | XX | South Carolina | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | WJDI5GQSGDR-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (XX & Co-borrower (XX) as it is required by guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 09/03/2025 |
| QL21EZUXRIL | XX |  | XX | Tennessee | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | QL21EZUXRIL-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrowers(XX) as it is required by the guideline<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| QL21EZUXRIL | XX |  | XX | Tennessee | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | QL21EZUXRIL-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 2 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.739% Allowed 8.250% Overby +1.489%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 09/03/2025 | 09/03/2025 | 09/03/2025 | 09/02/2025 |
| 0Z0D3ZGFVSD | XX |  | XX | Minnesota | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 0Z0D3ZGFVSD-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline.<br>09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. | 09/11/2025 Resolved: Resolved as UDM is not applicable on correspondent loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 09/03/2025 |
| 0Z0D3ZGFVSD | XX |  | XX | Minnesota | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 0Z0D3ZGFVSD-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Loan score card as it is missing in the file<br>09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. | 09/11/2025 Resolved - Resolved as Loan score card is not required for delegated loans. |  |  | QC Complete | 09/03/2025 | 09/11/2025 | 09/11/2025 | 08/29/2025 |
| P13GM24YXVY | XX |  | XX | Florida | 08/XX/2025 | Purchase | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | P13GM24YXVY-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Exception to use 100% of business assets in account #XX. All funds came from two withdrawals from XXXX account and were incorrectly deposited into XX biz account vs personal account . Borrower and his wife make up 100% ownership of biz account with each holding 50/50 ownership. Spouse is not on loan.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 735 FICO exceeds the guideline requirement of 660.<br>DSCR: 1.08 DSCR exceeds the guideline requirement of 1.00. |  | QC Complete | 11/17/2025 |  |  | 08/26/2025 |
| ENZTC22KLB1 | XX |  | XX | California | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | ENZTC22KLB1-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Please provide an updated 1003. The property at XX is marked as an investment property in the REO section, but no primary housing expense is reflected.<br>Resolved 09/11/2025 - Received LOX as the borrower lives rent free and there is no housing expenses for their primary, condition resolved. | Resolved 09/11/2025 - Received LOX as the borrower lives rent free and there is no housing expenses for their primary, condition resolved. | Resolved 09/11/2025 - Received LOX as the borrower lives rent free and there is no housing expenses for their primary, condition resolved. |  |  | QC Complete | 11/17/2025 | 11/17/2025 | 11/17/2025 | 08/27/2025 |
| YIKR1HMH13S | XX |  | XX | Missouri | 08/XX/2025 | Cash Out | Non-QM/Compliant | 2 | 2 | Valuation | Property | YIKR1HMH13S-I303N0YD | Waived | 2 | W | \* Property zoned XXXX and contains more than XXXX acres (Lvl W) | Property zoned XXXX and contains xx acres.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 736 FICO exceeds the guideline requirement of 700.<br>Residual Income : $33,280.94 monthly <br>DTI: 26.15% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 08/27/2025 |  |  | 08/26/2025 |
| T0QXE4TTCQU | XX |  | XX | Tennessee | 06/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | T0QXE4TTCQU-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide real estate appraisers errors & omissions insurance policy, as it is missing.<br>Resolved 06/24/2025 - Received E&O Policy, condition resolved. | Resolved 06/24/2025 - Received E&O Policy, condition resolved. | Resolved 06/24/2025 - Received E&O Policy, condition resolved. |  |  | QC Complete | 06/18/2025 | 06/24/2025 | 06/24/2025 | 06/17/2025 |
| T0QXE4TTCQU | XX |  | XX | Tennessee | 06/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | T0QXE4TTCQU-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide a copy of title supplement with sufficient policy amount to cover the loan amount.<br>Resolved 06/25/2025 - Received title report with insured amount, condition resolved. | Resolved 06/25/2025 - Received title report with insured amount, condition resolved. | Resolved 06/25/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 06/18/2025 | 06/25/2025 | 06/25/2025 | 06/16/2025 |
| IHM4JAONZCO | XX |  | XX | Arizona | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | IHM4JAONZCO-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Title commitment is missing the 'ISAOA/ATIMA' clause for the lender.<br>Resolved 08/27/2025 - Received document stating the title commitment clause, condition resolved. | Resolved 08/27/2025 - Received document stating the title commitment clause, condition resolved. | Resolved 08/27/2025 - Received document stating the title commitment clause, condition resolved. |  |  | QC Complete | 08/19/2025 | 08/27/2025 | 08/27/2025 | 08/18/2025 |
| FWPT2VGFX0P | XX |  | XX | South Carolina | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | FWPT2VGFX0P-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline.<br>supplement report present in file dated 08/XX/2025 before closing date 08/XX/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 08/28/2025 | 09/26/2025 | 09/26/2025 | 08/28/2025 |
| FLB5WVQAV0Z | XX |  | XX | California | 07/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Doc Issue | FLB5WVQAV0Z-0CTXAKVO | Resolved | 3 | R | \* VOM or VOR missing/required (Lvl R) | For the property located at XX, the rent amount stated on the 1003 ($6200) differs from the amount shown on the VOR ($2914).<br>Resolved on 08/18/2025 : Received an LOE from X to explain the difference, condition resolved. | Resolved on 08/18/2025 : Received an LOE from XX to explain the difference, condition resolved. | Resolved on 08/18/2025 : Received an LOE from XX to explain the difference, condition resolved. |  |  | QC Complete | 08/12/2025 | 08/18/2025 | 08/18/2025 | 08/12/2025 |
| FLB5WVQAV0Z | XX |  | XX | California | 07/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | FLB5WVQAV0Z-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 9.161% Allowed 8.170% Overby +0.991%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 08/12/2025 | 08/12/2025 | 08/12/2025 | 08/12/2025 |
| FLB5WVQAV0Z | XX |  | XX | California | 07/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | FLB5WVQAV0Z-7NVY4BLQ | Resolved | 4 | R | \* State Higher Price Mortgage Loan (Lvl R) | CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.<br>CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.161% Allowed 8.170% +Overby 0.991%<br>This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). | This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a). |  |  | QC Complete | 08/12/2025 | 08/12/2025 | 08/12/2025 | 08/12/2025 |
| OUXVSOWDEHB | XX |  | XX | Oklahoma | 07/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Credit | OUXVSOWDEHB-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Hazard insurance reflecting "XX" on the name insured . Provide an updated hazard insurance with borrower name reflecting on it.<br>Resolved 08/25/2025 - Borrower name reflecting on the insured information, condition resolved. | Resolved 08/25/2025 - Borrower name reflecting on the insured information, condition resolved. | Resolved 08/25/2025 - Borrower name reflecting on the insured information, condition resolved. |  |  | QC Complete | 11/17/2025 | 11/17/2025 | 11/17/2025 | 08/12/2025 |
| HH53NZ3POWJ | XX |  | XX | Florida | 06/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | HH53NZ3POWJ-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide an updated title report or title supplement with sufficient insurance to cover the loan amount.<br>Resolved 06/24/2025 - Received title report with insured amount, condition resolved, condition resolved. | Resolved 06/24/2025 - Received title report with insured amount, condition resolved, condition resolved. | Resolved 06/24/2025 - Received title report with insured amount, condition resolved, condition resolved. |  |  | QC Complete | 06/18/2025 | 06/24/2025 | 06/24/2025 | 06/17/2025 |
| HH53NZ3POWJ | XX |  | XX | Florida | 06/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | HH53NZ3POWJ-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide real estate appraisers errors & omissions insurance policy , as it is missing.<br>Resolved 06/24/2025 - Received E&O Policy, condition resolved. | Resolved 06/24/2025 - Received E&O Policy, condition resolved. | Resolved 06/24/2025 - Received E&O Policy, condition resolved. |  |  | QC Complete | 06/18/2025 | 06/24/2025 | 06/24/2025 | 06/17/2025 |
| YVFFRWAJD5E | XX |  | XX | Georgia | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | YVFFRWAJD5E-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | A correction is required for the property address listed on the 1003 form and the Tax Sheet. The address should be updated fromXX<br>Resolved 08/25/2025 - Received corrected 1003 with investment property, condition resolved. | Resolved 08/25/2025 - Received corrected 1003 with investment property, condition resolved. | Resolved 08/25/2025 - Received corrected 1003 with investment property, condition resolved. |  |  | QC Complete | 08/18/2025 | 08/25/2025 | 08/25/2025 | 08/15/2025 |
| SHAN1I4VG1S | XX |  | XX | Texas | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Credit | SHAN1I4VG1S-U0OKEMMW | Cured | 3 | C | \* Required Documentation Missing or Incomplete (Lvl C) | LoanScorecard reflects the Program as 'XX and the result as 'XX.' However, the Loan Program is 'Smart Self P&L 30-Year Fixed.' Provide an updated LoanScorecard with the correct Loan Program.<br>Cured 08/11/2025 - Post-closing scorecard was received and reviewed. Condition cured | Cured 08/11/2025 - Post-closing scorecard was received and reviewed. Condition cured | Cured 08/11/2025 - Post-closing scorecard was received and reviewed. Condition cured |  |  | QC Complete | 10/23/2025 |  |  | 07/29/2025 |
| SHAN1I4VG1S | XX |  | XX | Texas | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | SHAN1I4VG1S-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Allowed to use of Self P&L with 46% ownership. <br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 20.42% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 67.52% LTV is less than the guideline requirement of 80.00%.<br>FICO: 761 FICO exceeds the guideline requirement of 640. |  | QC Complete | 10/23/2025 |  |  | 07/29/2025 |
| VPEJIUTLXKG | XX |  | XX | California | 06/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | VPEJIUTLXKG-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 07/10/2025 - Received title report with insured amount, condition resolved. | Resolved 07/10/2025 - Received title report with insured amount, condition resolved. | Resolved 07/10/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 06/27/2025 | 07/10/2025 | 07/10/2025 | 06/26/2025 |
| KUKSWW3DY44 | XX |  | XX | Florida | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | KUKSWW3DY44-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.569% Allowed 8.110% Overby +0.459%<br>This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 | This loan is compliant with regulation 1026.35 |  |  | QC Complete | 09/04/2025 | 09/04/2025 | 09/04/2025 | 09/03/2025 |
| QBEGGTRIIWF | XX |  | XX | Colorado | 08/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | QBEGGTRIIWF-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | UDM document is missing.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/02/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| UVRE4ZIRVTS | XX |  | XX | Missouri | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | UVRE4ZIRVTS-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Bank statement for checking account #XX is missing for the period 06/01/2025 to 06/30/2025.<br>Resolved 09/03/2025 - Received bank statement, condition resolved. | Resolved 09/03/2025 - Received bank statement, condition resolved. | Resolved 09/03/2025 - Received bank statement, condition resolved. |  |  | QC Complete | 08/27/2025 | 09/03/2025 | 09/03/2025 | 08/26/2025 |
| 0N1IXMDXMGP | XX |  | XX | California | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Credit | 0N1IXMDXMGP-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower xx as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 09/03/2025 |
| 0N1IXMDXMGP | XX |  | XX | California | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Assets Insufficient | 0N1IXMDXMGP-RDQHOAL4 | Resolved | 3 | R | \* Assets are not sufficient to close (Lvl R) | Assets are insufficient to close the reserves. Provide a additional assets documents for amount $9,227.79 to cover the reserves.<br>Resolved 09/16/2025 - Received LOX from client as reserves are not required for Rate and Term, condition resolved. | Resolved 09/16/2025 - Received LOX from client as reserves are not required for Rate and Term, condition resolved. | Resolved 09/16/2025 - Received LOX from client as reserves are not required for Rate and Term, condition resolved. |  |  | QC Complete | 09/03/2025 | 09/16/2025 | 09/16/2025 | 08/29/2025 |
| 0N1IXMDXMGP | XX |  | XX | California | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | 0N1IXMDXMGP-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | 18 NSF occurrences within the prior 12 months.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 23.43% DTI is less than the maximum guideline requirement of 50.00%.<br>FICO: 704 FICO exceeds the guideline requirement of 640<br>LTV: 74.15% LTV is less than the guideline requirement of 80.00%. |  | QC Complete | 09/03/2025 |  |  | 09/03/2025 |
| CGKWYVLXXJY | XX |  | XX | Pennsylvania | 06/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit | Credit | CGKWYVLXXJY-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing real estate appraisers error and omissions insurance policy.<br>Resolved 06/18/2025 - Received E&O Policy, condition resolved. | Resolved 06/18/2025 - Received E&O Policy, condition resolved. | Resolved 06/18/2025 - Received E&O Policy, condition resolved. |  |  | QC Complete | 06/13/2025 | 06/18/2025 | 06/18/2025 | 06/13/2025 |
| VT11VKV3TXM | XX |  | XX | Arizona | 08/XX/2025 | Purchase | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | VT11VKV3TXM-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Credit Housing Payment History- the borrower had two private mortgages each with a 30 day late payment in February 2025. Both payments were made on 03/XX/2025, and cleared on <br> 03/XX/2025 <br>A copy of an exception approval letter is available in the loan file. |  |  | Reserves: The 53 months of available reserves are more than the guideline requirement of 12 months.<br>DTI: 40.68% DTI is less than the maximum guideline requirement of 50.00%.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%. |  | QC Complete | 08/27/2025 |  |  | 08/27/2025 |
| 0RZQSTYUUNX | XX |  | XX | Minnesota | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 0RZQSTYUUNX-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Please provide a copy of the XX bank statement (account ending in XX) for the period of February through March 2025. (20 February 2025 -19 March 2025).<br>Resolved 08/22/2025 - Received XX bank statement for 20 February 2025 -19 March 2025, condition resolved. | Resolved 08/22/2025 - Received XX bank statement for 20 February 2025 -19 March 2025, condition resolved. | Resolved 08/22/2025 - Received XX bank statement for 20 February 2025 -19 March 2025, condition resolved. |  |  | QC Complete | 08/13/2025 | 08/22/2025 | 08/22/2025 | 08/12/2025 |
| YXJKWAXELO1 | XX |  | XX | Missouri | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | YXJKWAXELO1-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The $XX coverage amount on the title report is less than the mortgage loan amount of $XX<br>Resolved 07/23/2025 - Received title insured amount, condition resolved. | Resolved 07/23/2025 - Received title insured amount, condition resolved. | Resolved 07/23/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 07/17/2025 | 07/23/2025 | 07/23/2025 | 07/17/2025 |
| XEPJBODWVRU | XX |  | XX | Tennessee | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | XEPJBODWVRU-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing Operating agreement for (XX).<br>Resolved 09/04/2025 - Received Article of Organization Operating, condition resolved. | Resolved 09/04/2025 - Received Article of Organization Operating, condition resolved. | Resolved 09/04/2025 - Received Article of Organization Operating, condition resolved. |  |  | QC Complete | 08/28/2025 | 09/04/2025 | 09/04/2025 | 08/28/2025 |
| H2LLDWU0IWF | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | H2LLDWU0IWF-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide undisclosed debt monitoring (UDM) for borrower XX & Co-borrower(XX) as it is required by guideline.<br>Credit supplement present on 08/01/2025 before closing 08/20/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 08/29/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| PC4ZUN5UQO2 | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | PC4ZUN5UQO2-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM (undisclosed debt Monitoring) document for borrower (XX) & Co-borrower (XX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 08/27/2025 | 09/26/2025 | 09/26/2025 | 08/27/2025 |
| PC4ZUN5UQO2 | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | TIL | PC4ZUN5UQO2-9OPA4U12 | Resolved | 3 | R | \* Missing Closing Protection Letter (Lvl R) | Closing Protection letter missing lender loss payee verbiage "ISAOA/ATIMA". Provide an updated CPL.<br>Resolved 09/09/2025 - Received LOX as Texas doesn't require any loss Payee verbiage, condition resolved. | Resolved 09/09/2025 - Received LOX as Texas doesn't require any loss Payee verbiage, condition resolved. | Resolved 09/09/2025 - Received LOX as Texas doesn't require any loss Payee verbiage, condition resolved. |  |  | QC Complete | 08/27/2025 | 09/09/2025 | 09/09/2025 | 08/27/2025 |
| PIGVZKX4KP1 | XX |  | XX | New York | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | PIGVZKX4KP1-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Charged 8.364% Allowed 8.130% Overby +0.234%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 08/28/2025 | 08/28/2025 | 08/28/2025 | 08/28/2025 |
| 5K1WOVY2LM5 | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | 5K1WOVY2LM5-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of $XXon the Title Commitment is less than the loan amount $XX<br>Resolved 08/22/2025 - Received title report with insured amount, condition resolved. | Resolved 08/22/2025 - Received title report with insured amount, condition resolved. | Resolved 08/22/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 08/19/2025 | 08/22/2025 | 08/22/2025 | 08/15/2025 |
| KWO0AXR00P0 | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | KWO0AXR00P0-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | UDM Document is missing.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/02/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| 0ZUBWLCRDQC | XX |  | XX | Georgia | 06/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | 0ZUBWLCRDQC-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of real estate appraiser Errors & Omissions insurance policy, as it is missing<br>Resolved 06/25/2025 - Received E&O Policy, condition resolved. | Resolved 06/25/2025 - Received E&O Policy, condition resolved. | Resolved 06/25/2025 - Received E&O Policy, condition resolved. |  |  | QC Complete | 06/20/2025 | 06/25/2025 | 06/25/2025 | 06/20/2025 |
| 2HQTOSQEPXK | XX |  | XX | California | 05/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | 2HQTOSQEPXK-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a credit supplement or mortgage statement to verify the mortgage XX reflecting on REO of final 1003.<br>Resolved 06/17/2025 - Received loan statement for #XX, condition resolved. | Resolved 06/17/2025 - Received loan statement for #XX, condition resolved. | Resolved 06/17/2025 - Received loan statement for #XX, condition resolved. |  |  | QC Complete | 06/13/2025 | 06/17/2025 | 06/17/2025 | 06/12/2025 |
| NIMC51WX3AP | XX |  | XX | Arizona | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | NIMC51WX3AP-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of $XX on the Title Commitment is less than the loan amount $XX<br>Resolved 08/22/2025 - Received title report with insured amount, condition resolved. | Resolved 08/22/2025 - Received title report with insured amount, condition resolved. | Resolved 08/22/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 08/19/2025 | 08/22/2025 | 08/22/2025 | 08/18/2025 |
| B5JR1QMYBIF | XX |  | XX | Georgia | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | B5JR1QMYBIF-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of Mortgage statement for property address XX<br>Resolved 08/04/2025 - Received lender response as the mortgage payments are transferred to XXXX account and borrower paying the payment to his father, condition resolved. | Resolved 08/04/2025 - Received lender response as the mortgage payments are transferred to XX account and borrower paying the payment to his father, condition resolved. | Resolved 08/04/2025 - Received lender response as the mortgage payments are transferred to XXXX account and borrower paying the payment to his father, condition resolved. |  |  | QC Complete | 07/29/2025 | 08/04/2025 | 08/04/2025 | 07/29/2025 |
| B5JR1QMYBIF | XX |  | XX | Georgia | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | B5JR1QMYBIF-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | B1 does not meet minimal tradeline requirement and income is needed to qualify<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 781 FICO exceeds the guideline requirement of 720.<br>Reserves: The 27 months of available reserves are more than the guideline requirement of 3 months.<br>LTV: 80.00% LTV is less than the guideline requirement of 90.00%. |  | QC Complete | 07/29/2025 |  |  | 07/29/2025 |
| W1D1P4PKSOK | XX |  | XX | New York | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | W1D1P4PKSOK-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | The FEMA flood zone indicated as VE on the flood certificate does not match the flood zone X reported in the appraisal. Resolved 09/02/2025 - Received corrected appraisal report, condition resolved. | Resolved 09/02/2025 - Received corrected appraisal report, condition resolved. | Resolved 09/02/2025 - Received corrected appraisal report, condition resolved. |  |  | QC Complete | 08/19/2025 | 09/02/2025 | 09/02/2025 | 08/18/2025 |
| ZIHRI1YWQAF | XX |  | XX | California | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | ZIHRI1YWQAF-UTM9VHCU | Resolved | 3 | R | \* Final Application Incomplete (Lvl R) | Borrower (XXXX) & Co-Borrower (XX) mentioned marital status as married on final 1003. Vesting on title reflecting as unmarried for both borrower & Co-borrower, requires correction on final 1003.<br>Resolved 09/9/2025 - Received Corrected 1003, condition resolved. | Resolved 09/9/2025 - Received Corrected 1003, condition resolved. | Resolved 09/9/2025 - Received Corrected 1003, condition resolved. |  |  | QC Complete | 08/26/2025 | 09/09/2025 | 09/09/2025 | 08/26/2025 |
| NEAZCKGHLIU | XX |  | XX | Texas | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | NEAZCKGHLIU-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Please provide an updated 1003 reflecting the current address with a rent amount of $1,500.00.<br>Resolved 09/08/2025 - Received corrected 1003, condition resolved. | Resolved 09/08/2025 - Received corrected 1003, condition resolved. | Resolved 09/08/2025 - Received corrected 1003, condition resolved. |  |  | QC Complete | 08/29/2025 | 09/08/2025 | 09/08/2025 | 08/28/2025 |
| DDGKT4GWZ2Y | XX |  | XX | Texas | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | DDGKT4GWZ2Y-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower(XXXX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 08/28/2025 | 09/26/2025 | 09/26/2025 | 08/28/2025 |
| DDGKT4GWZ2Y | XX |  | XX | Texas | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 1 | Credit | Credit | DDGKT4GWZ2Y-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide Initial application dated 6/XX/2025, as it is missing.<br>Resolved 09/17/2025 - Received initial 1003 with LO sign, condition resolved. | Resolved 09/17/2025 - Received initial 1003 with LO sign, condition resolved. | Resolved 09/17/2025 - Received initial 1003 with LO sign, condition resolved. |  |  | QC Complete | 08/28/2025 | 09/17/2025 | 09/17/2025 | 08/28/2025 |
| ATTQDNDJWDN | XX |  | XX | California | 06/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | ATTQDNDJWDN-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance of $XX on the Title Commitment is less than the loan amount $XX.<br>Resolved 07/17/2025 - Received title supplement report, condition resolved. | Resolved 07/17/2025 - Received title supplement report, condition resolved. | Resolved 07/17/2025 - Received title supplement report, condition resolved. |  |  | QC Complete | 07/09/2025 | 07/17/2025 | 07/17/2025 | 07/09/2025 |
| DLR5B1NWFP4 | XX |  | XX | Ohio | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | DLR5B1NWFP4-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/02/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| VNUBZYYELDU | XX |  | XX | Illinois | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Credit | VNUBZYYELDU-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/02/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| VNUBZYYELDU | XX |  | XX | Illinois | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 2 | Credit | Guidelines | VNUBZYYELDU-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | loan amount less then XX minimum $XX loan amount - no other min/max parameters.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 794 FICO exceeds the guideline requirement of 720.<br>DTI: 44.36% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $2,563.34 monthly |  | QC Complete | 09/02/2025 |  |  | 08/28/2025 |
| M4T23EK4YJ2 | XX |  | XX | Utah | 06/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | M4T23EK4YJ2-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Allowing a non-occupying co-borrower with no qualifying income contributed by the occupying borrower.<br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 80.00% LTV is less than the guideline requirement of 90.00%.<br>DTI: 0.49% DTI is less than the maximum guideline requirement of 43.00%.<br>FICO: 732 FICO exceeds the guideline requirement of 660. |  | QC Complete | 06/24/2025 |  |  | 06/24/2025 |
| 1BH1OSHRPH0 | XX |  | XX | New York | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | 1BH1OSHRPH0-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrowerXX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/04/2025 | 09/26/2025 | 09/26/2025 | 09/04/2025 |
| IH2QAENC1RG | XX |  | XX | California | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | IH2QAENC1RG-DFWG7HN5 | Resolved | 3 | R | \* Missing proof of hazard insurance (Lvl R) | Hazard insurance reflecting mortgagee as "XX". Provide updated hazard insurance with mortgagee as "XX".<br>Resolved 09/08/2025 - Received corrected hazard insurance document, condition resolved. | Resolved 09/08/2025 - Received corrected hazard insurance document, condition resolved. | Resolved 09/08/2025 - Received corrected hazard insurance document, condition resolved. |  |  | QC Complete | 09/02/2025 | 09/08/2025 | 09/08/2025 | 09/02/2025 |
| IH2QAENC1RG | XX |  | XX | California | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | IH2QAENC1RG-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower XXXX as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/02/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| IH2QAENC1RG | XX |  | XX | California | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Doc Issue | IH2QAENC1RG-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 09/05/2025 - Received title insured amount, condition resolved. | Resolved 09/05/2025 - Received title insured amount, condition resolved. | Resolved 09/05/2025 - Received title insured amount, condition resolved. |  |  | QC Complete | 09/02/2025 | 09/05/2025 | 09/05/2025 | 08/29/2025 |
| IH2QAENC1RG | XX |  | XX | California | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | IH2QAENC1RG-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | 2023 transcripts returned no record; requesting to waive the need for the prior 2 years transcripts(2021 & 2022).<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 729 FICO exceeds the guideline requirement of 700.<br>LTV: 80.00% LTV is less than the guideline requirement of 85.00%.<br>DTI: 46.46% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 09/02/2025 |  |  | 09/02/2025 |
| Q5V0BXRH0Y3 | XX |  | XX | Georgia | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | Q5V0BXRH0Y3-L2NRUFUV | Resolved | 3 | R | \* Intent to Proceed Missing (Lvl R) | Missing Intent to proceed document.<br>Resolved 06/23/2025: Received Intent to Proceed dated 05/02/2025 and exception is cleared. | Resolved 06/23/2025: Received Intent to Proceed dated 05/02/2025 and exception is cleared. | Resolved 06/23/2025: Received Intent to Proceed dated 05/02/2025 and exception is cleared. |  |  | QC Complete | 06/18/2025 | 06/23/2025 | 06/23/2025 | 06/17/2025 |
| Q5V0BXRH0Y3 | XX |  | XX | Georgia | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | Q5V0BXRH0Y3-FSGBNA1Z | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Missing Settlement Service Provider list.<br>Resolved 06/23/2025: Received Settlement Service Provider List dated 05/02/2025 and exception is cleared. | Resolved 06/23/2025: Received Settlement Service Provider List dated 05/02/2025 and exception is cleared. | Resolved 06/23/2025: Received Settlement Service Provider List dated 05/02/2025 and exception is cleared. |  |  | QC Complete | 06/18/2025 | 06/23/2025 | 06/23/2025 | 06/17/2025 |
| K3U2124AW3Q | XX |  | XX | California | 12/XX/2024 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | K3U2124AW3Q-IJH0N5PE | Resolved | 3 | R | \* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R) | Initial Closing Disclosure is Missing.<br>Resolved 01/14/2025: Received Initial Closing Disclosure dated 12/XX/2024 and exception is cleared. | Resolved 01/14/2025: Received Initial Closing Disclosure dated 12/XX/2024 and exception is cleared.  | Resolved 01/14/2025: Received Initial Closing Disclosure dated 12/XX/2024 and exception is cleared.  |  |  | QC Complete | 01/10/2025 | 01/14/2025 | 01/14/2025 | 01/10/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | JKLRLF0CLLK-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide real estate appraisers error and omissions insurance policy, as it is missing. Resolved 06/16/2025 - Received Appraisal E & O insurance policy, condition resolved. | Resolved 06/16/2025 - Received Appraisal E & O insurance policy, condition resolved. | Resolved 06/16/2025 - Received Appraisal E & O insurance policy, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/09/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Compliance | Compliance | JKLRLF0CLLK-FELD93E2 | Resolved | 3 | R | \* Missing Required Disclosures (Lvl R) | Lender (AVP or above) to execute Texas Home Equity Certificate from Originating Lender Regarding Compliance with Section 50(a)(6). Texas State Specific Lender Disclosure T-64: Not Executed by Settlement Agent or Seller(s). Resolved 06/12/2025: Received Texas State Specific Lender Disclosure T-64 document and exception is cleared. | Resolved 06/12/2025: Received Texas State Specific Lender Disclosure T-64 document and exception is cleared. | Resolved 06/12/2025: Received Texas State Specific Lender Disclosure T-64 document and exception is cleared. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/10/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | JKLRLF0CLLK-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | LoanScorecard Findings and 1008 reflects Property City as "XX". However, Note, Mortgage, Final 1003, Final CD. Reflects Property City as "XX". Provide updated LoanScorecard Findings and 1008. Resolved 06/18/2025 - Received Updated loan score card & 1008 city name, condition resolved. | Resolved 06/18/2025 - Received Updated loan score card & 1008 city name, condition resolved. | Resolved 06/18/2025 - Received Updated loan score card & 1008 city name, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/09/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Valuation | Property | JKLRLF0CLLK-I303N0YD | Waived | 2 | W | \* Property zoned XXXX and contains more than XXXX acres (Lvl W) | The maximum acreage is 20, appraisal reflecting XX Acres which is unacceptable. A copy of an exception approval letter is available in the loan file. |  |  | LTV: 53.78% LTV is less than the guideline requirement of 80%. FICO: 736 FICO exceeds the guideline requirement of 660. DTI: 30.58% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 06/24/2025 |  |  | 06/08/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Title Policy | JKLRLF0CLLK-INMPEQ44 | Resolved | 3 | R | \* Closing Protection Letter Missing (Lvl R) | Missing ISAOA/ATIMA from the XX Lender loss payee information on the CPL & Title commitment. Resolved 06/18/2025 - Received Lender LOX as loss payee info is not required for Texas loans, condition resolved. | Resolved 06/18/2025 - Received Lender LOX as loss payee info is not required for Texas loans, condition resolved. | Resolved 06/18/2025 - Received Lender LOX as loss payee info is not required for Texas loans, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/10/2025 |
| JKLRLF0CLLK | XX |  | XX | Texas | 05/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit |  | JKLRLF0CLLK-G0TZ53U4 | Resolved | 3 | R | \* Hazard Insurance (Lvl R) | Provide updated XX address and include the loan number. The correct mortgagee clause is: XX Resolved 06/18/2025 - Received insurance with updated XX address, condition resolved. | Resolved 06/18/2025 - Received insurance with updated XX address, condition resolved. | Resolved 06/18/2025 - Received insurance with updated XX address, condition resolved. |  |  | QC Complete | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/12/2025 |
| FN0KM3GLNXV | XX |  | XX | New York | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | FN0KM3GLNXV-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing gift letter in the amount of $XX signed by both donor and borrower.<br>Resolved 08/21/2025 - Received gift letter, condition resolved. | Resolved 08/21/2025 - Received gift letter, condition resolved. | Resolved 08/21/2025 - Received gift letter, condition resolved. |  |  | QC Complete | 08/19/2025 | 08/21/2025 | 08/21/2025 | 08/18/2025 |
| FN0KM3GLNXV | XX |  | XX | New York | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | FN0KM3GLNXV-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | There is an address discrepancy: the Note, Mortgage, Final 1003, Purchase Contract, and LoanScorecard list the property address asXXX, whereas the Final Title, Final CD, Appraisal, Secondary Valuation, Flood Certificate, and Hazard Insurance reflect the address as XX. Please ensure the correct property address is reflected consistently across all required documents.<br>Not Resolved 08/22/2025 - Received Corrected address for purchase agreement, however Note, mortgage Final 1003 reflects the address as XXXX, condition resolved.<br>Resolved 08/22/2025- Resolved as the per the legal descriptions matching from Title to Mortgage. | Resolved 08/22/2025- Resolved as the per the legal descriptions matching from Title to Mortgage. | Resolved 08/22/2025- Resolved as the per the legal descriptions matching from Title to Mortgage. |  |  | QC Complete | 08/19/2025 | 08/22/2025 | 08/22/2025 | 08/18/2025 |
| GSQAGXAOSWA | XX |  | XX | Indiana | 08/XX/2025 | Purchase | Non-QM/Compliant | 2 | 2 | Credit | Guidelines | GSQAGXAOSWA-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Primary borrower living rent free for more than 12 months.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 772 FICO exceeds the guideline requirement of 640.<br>LTV: 48.70% LTV is less than the guideline requirement of 80.00%.<br>DTI: 33.80% DTI is less than the maximum guideline requirement of 50.00%. |  | QC Complete | 08/21/2025 |  |  | 08/20/2025 |
| 2SXLCTFDCOT | XX |  | XX | Nevada | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | 2SXLCTFDCOT-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of legible Borrower ID XX<br>Resolved 09/09/2025 - Received ID for borrower, condition resolved. | Resolved 09/09/2025 - Received ID for borrower, condition resolved. | Resolved 09/09/2025 - Received ID for borrower, condition resolved. |  |  | QC Complete | 09/03/2025 | 09/09/2025 | 09/09/2025 | 09/03/2025 |
| 2SXLCTFDCOT | XX |  | XX | Nevada | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Credit | 2SXLCTFDCOT-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower (XX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 09/03/2025 |
| 2SXLCTFDCOT | XX |  | XX | Nevada | 08/XX/2025 | Cash Out | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | 2SXLCTFDCOT-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting an exception for non-occupant co-borrower on cash out refinance<br>A copy of an exception approval letter is available in the loan file. |  |  | LTV: 66.67% LTV is less than the guideline requirement of 85.00%.<br>Reserves: The 9 months of available reserves are more than the guideline requirement of 3 months.<br>DTI: 37.48% DTI is less than the maximum guideline requirement of 50.00%.<br>|  | QC Complete | 09/03/2025 |  |  | 08/29/2025 |
| 3SLC3BGNDND | XX |  | XX | Florida | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | 3SLC3BGNDND-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower(XXXX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 11/17/2025 | 11/17/2025 | 11/17/2025 | 08/28/2025 |
| 3SLC3BGNDND | XX |  | XX | Florida | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Credit | 3SLC3BGNDND-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of condo-questionnaire, as it is missing.<br>Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. |  |  | QC Complete | 11/17/2025 | 11/17/2025 | 11/17/2025 | 08/28/2025 |
| 3SLC3BGNDND | XX |  | XX | Florida | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 2 | Credit | Guidelines | 3SLC3BGNDND-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | First time homebuyer living rent-free >12 months<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 27.269% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 75 months of available reserves are more than the guideline requirement of 3 months.<br>FICO: 779 FICO exceeds the guideline requirement of 640. |  | QC Complete | 11/17/2025 |  |  | 08/28/2025 |
| FEFPAPHJKXI | XX |  | XX | California | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | FEFPAPHJKXI-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. | Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. | Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. |  |  | QC Complete | 09/04/2025 | 09/10/2025 | 09/10/2025 | 09/01/2025 |
| JQUTGJ2QLAO | XX |  | XX | California | 08/XX/2025 | Refinance | Not Covered/Exempt | 3 | 1 | Credit |  | JQUTGJ2QLAO-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Provide a copy of the master policy. The hazard insurance coverage of $XX for the dwelling is insufficient to cover the loan amount of $XX<br>Resolved 09/09/2025 - Received coverage document, condition resolved. | Resolved 09/09/2025 - Received coverage document, condition resolved. | Resolved 09/09/2025 - Received coverage document, condition resolved. |  |  | QC Complete | 08/13/2025 | 09/09/2025 | 09/09/2025 | 08/12/2025 |
| 1APNJX1EMTF | XX |  | XX | California | 08/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Credit | 1APNJX1EMTF-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing UDM (undisclosed debt monitoring) for borrower (XX) & Co-borrower(XX).<br>Resolved 09/04/2025 - Received UDM Acknowledgment document, condition resolved. | Resolved 09/04/2025 - Received UDM Acknowledgment document, condition resolved. | Resolved 09/04/2025 - Received UDM Acknowledgment document, condition resolved. |  |  | QC Complete | 08/27/2025 | 09/04/2025 | 09/04/2025 | 08/27/2025 |
| BTRO1TGK5UA | XX |  | XX | Colorado | 08/XX/2025 | Refinance | Non-QM/Compliant | 4 | 2 | Credit | Guidelines | BTRO1TGK5UA-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Requesting Max LTV of 85% vs Max Allowed of 80% for Primary, Limited C/O Refinance.<br>A copy of an exception approval letter is available in the loan file. |  |  | DTI: 26.78% DTI is less than the maximum guideline requirement of 50.00%.<br>Residual Income : $25,409.78 monthly |  | QC Complete | 09/03/2025 |  |  | 08/29/2025 |
| BTRO1TGK5UA | XX |  | XX | Colorado | 08/XX/2025 | Refinance | Non-QM/Compliant | 4 | 2 | Credit | Doc Issue | BTRO1TGK5UA-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance $XX does not cover the loan amount $XX Provide a copy of the title supplement report to cover the loan amount.<br>Resolved 10/01/2025 - Received title report with insured amount, condition resolved. | Resolved 10/01/2025 - Received title report with insured amount, condition resolved. | Resolved 10/01/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 09/03/2025 | 10/01/2025 | 10/01/2025 | 08/29/2025 |
| BTRO1TGK5UA | XX |  | XX | Colorado | 08/XX/2025 | Refinance | Non-QM/Compliant | 4 | 2 | Credit | Assets Insufficient | BTRO1TGK5UA-RDQHOAL4 | Resolved | 3 | R | \* Assets are not sufficient to close (Lvl R) | Bank statement missing for the checking account showing the $75,000.00 proceeds from the refinance of loan number XX.<br>Resolved on 09/15/2025 : Received settlement statement for net proceeds $75,000 , condition resolved. | Resolved on 09/15/2025 : Received settlement statement for net proceeds $75,000 , condition resolved. | Resolved on 09/15/2025 : Received settlement statement for net proceeds $75,000 , condition resolved. |  |  | QC Complete | 09/03/2025 | 09/15/2025 | 09/15/2025 | 08/29/2025 |
| BTRO1TGK5UA | XX |  | XX | Colorado | 08/XX/2025 | Refinance | Non-QM/Compliant | 4 | 2 | Credit | Credit | BTRO1TGK5UA-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower XX as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| BTRO1TGK5UA | XX |  | XX | Colorado | 08/XX/2025 | Refinance | Non-QM/Compliant | 4 | 2 | Compliance | Compliance | BTRO1TGK5UA-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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.<br>Higher-Priced Mortgage Loan Test: Allowed 9.016% Charge 8.130% Overby +0.886%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 09/03/2025 | 09/03/2025 | 09/03/2025 | 09/02/2025 |
| AOSJKAZA51F | XX |  | XX | Colorado | 08/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | AOSJKAZA51F-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing UDM (undisclosed debt monitoring).<br>Resolved 09/04/2025 - Received client response as " no UDM in the file, that means no new debt was taken out and nothing else would be in for review for this", condition resolved. | Resolved 09/04/2025 - Received client response as " no UDM in the file, that means no new debt was taken out and nothing else would be in for review for this", condition resolved. | Resolved 09/04/2025 - Received client response as " no UDM in the file, that means no new debt was taken out and nothing else would be in for review for this", condition resolved. |  |  | QC Complete | 08/27/2025 | 09/04/2025 | 09/04/2025 | 08/26/2025 |
| AOSJKAZA51F | XX |  | XX | Colorado | 08/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | AOSJKAZA51F-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The XXXX coverage amount on the title report is less than the mortgage loan amount of $XXProvide title supplement report or final policy with sufficient title insurance.<br>Resolved 09/04/2025 - Received Short form policy with insured amount, condition resolved. | Resolved 09/04/2025 - Received Short form policy with insured amount, condition resolved. | Resolved 09/04/2025 - Received Short form policy with insured amount, condition resolved. |  |  | QC Complete | 08/27/2025 | 09/04/2025 | 09/04/2025 | 08/26/2025 |
| ASJ5FVADJA5 | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | ASJ5FVADJA5-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX.<br>Resolved 07/09/2025 - Received title report with insured amount, condition resolved. | Resolved 07/09/2025 - Received title report with insured amount, condition resolved. | Resolved 07/09/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 07/03/2025 | 07/09/2025 | 07/09/2025 | 07/03/2025 |
| ASJ5FVADJA5 | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | ASJ5FVADJA5-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide LoanScorecard 1 of 4 page is missing.<br>Resolved 07/09/2025 - Received corrected Loan score card, condition resolved. | Resolved 07/09/2025 - Received corrected Loan score card, condition resolved. | Resolved 07/09/2025 - Received corrected Loan score card, condition resolved. |  |  | QC Complete | 07/03/2025 | 07/09/2025 | 07/09/2025 | 07/03/2025 |
| CKFDSDTEOXY | XX |  | XX | Hawaii | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | CKFDSDTEOXY-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline. Credit Gap report present in file dated 07/XX/2025 before closing date 08/XX/2025.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| CKFDSDTEOXY | XX |  | XX | Hawaii | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Doc Issue | CKFDSDTEOXY-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. | Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. | Resolved 09/10/2025 - Received updated title report with loan amount, condition resolved. |  |  | QC Complete | 09/03/2025 | 09/10/2025 | 09/10/2025 | 09/02/2025 |
| E4LZZOEXQFC | XX |  | XX | Florida | 07/XX/2025 | Purchase | Not Covered/Exempt | 2 | 2 | Credit | Guidelines | E4LZZOEXQFC-J587LE2V | Waived | 2 | W | \* Loan does not conform to program guidelines (Lvl W) | Loan amount of $XX with 85% LTV exceeds the eligibility matrix requirement of maximum 80% LTV.<br>A copy of an exception approval letter is available in the loan file. |  |  | FICO: 797 FICO exceeds the guideline requirement of 720.<br>DTI: 16.08% DTI is less than the maximum guideline requirement of 50.00%.<br>Reserves: The 18 months of available reserves are more than the guideline requirement of 9 months. |  | QC Complete | 07/31/2025 |  |  | 07/30/2025 |
| E45T43UWKSG | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | E45T43UWKSG-QSFFZZOT | Resolved | 3 | R | \* Hazard Insurance Coverage less than Loan Amount (Lvl R) | Provide a copy of replacement cost estimator as the $xx +50% on the dwelling and the additional replacement cost of $xx), which is less than the loan amount of $xx<br>Resolved 07/16/2025 - Received Replacement cost document, condition resolved. | Resolved 07/16/2025 - Received Replacement cost document, condition resolved. | Resolved 07/16/2025 - Received Replacement cost document, condition resolved. |  |  | QC Complete | 07/03/2025 | 07/17/2025 | 07/17/2025 | 07/01/2025 |
| E45T43UWKSG | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Valuation | Valuation | E45T43UWKSG-ZI5GG5MN | Resolved | 3 | R | \* Automated Appraisal Review Missing (Lvl R) | Loan amount exceeds $1,500,000, which requires two appraisals. Currently, only one appraisal is included in the loan file. Please provide a second appraisal.<br>Resolved 07/09/2025 - Received second appraisal. condition resolved. | Resolved 07/09/2025 - Received second appraisal. condition resolved. | Resolved 07/09/2025 - Received second appraisal. condition resolved. |  |  | QC Complete | 07/03/2025 | 07/09/2025 | 07/09/2025 | 07/02/2025 |
| E45T43UWKSG | XX |  | XX | California | 06/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | E45T43UWKSG-UDN50XOG | Resolved | 3 | R | \* Borrower Identity Missing (Lvl R) | Missing proof of identification of borrower.<br>Resolved 07/09/2025 - Received borrower ID, condition resolved. | Resolved 07/09/2025 - Received borrower ID, condition resolved. | Resolved 07/09/2025 - Received borrower ID, condition resolved. |  |  | QC Complete | 07/03/2025 | 07/09/2025 | 07/09/2025 | 07/02/2025 |
| X5XNRY3WTN0 | XX |  | XX | Connecticut | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | X5XNRY3WTN0-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/04/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| X5XNRY3WTN0 | XX |  | XX | Connecticut | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Compliance | Compliance | X5XNRY3WTN0-IJH0N5PE | Resolved | 3 | R | \* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R) | Missing Initial Closing Disclosure.<br>Resolved 09/09/2025: Received Initial Closing Disclosure dated 08/11/2025 and exception is cleared. | Resolved 09/09/2025: Received Initial Closing Disclosure dated 08/11/2025 and exception is cleared. | Resolved 09/09/2025: Received Initial Closing Disclosure dated 08/11/2025 and exception is cleared. |  |  | QC Complete | 09/04/2025 | 09/09/2025 | 09/09/2025 | 09/02/2025 |
| ATGUQDHZ5WP | XX |  | XX | Ohio | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | ATGUQDHZ5WP-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (XXr) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| R425TBG05DP | XX |  | XX | Wisconsin | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Compliance | Compliance | R425TBG05DP-O5S9HFJ8 | Resolved | 4 | R | \* Federal Higher Price Mortgage Loan (Lvl R) | 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<br>Higher-Priced Mortgage Loan Test: Charged 8.409% Allowed 8.290% Overby +0.119%<br>This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. | This loan is compliant with regulation 1026.35. |  |  | QC Complete | 09/03/2025 | 09/03/2025 | 09/03/2025 | 09/02/2025 |
| R425TBG05DP | XX |  | XX | Wisconsin | 08/XX/2025 | Purchase | Non-QM/Compliant | 4 | 1 | Credit | Credit | R425TBG05DP-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower(XX) as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| 2EFDGOZSA3O | XX |  | XX | Illinois | 08/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | 2EFDGOZSA3O-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Business purpose disclosure is missing.<br>Resolved 09/09/2025 - Received business purpose document, condition resolved. | Resolved 09/09/2025 - Received business purpose document, condition resolved. | Resolved 09/09/2025 - Received business purpose document, condition resolved. |  |  | QC Complete | 09/03/2025 | 09/09/2025 | 09/09/2025 | 09/03/2025 |
| 14I1DOH2AIT | XX |  | XX | Florida | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 14I1DOH2AIT-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Missing Condo-Rider.<br>Resolved 10/03/2025 - Received condo rider, condition resolved. | Resolved 10/03/2025 - Received condo rider, condition resolved. | Resolved 10/03/2025 - Received condo rider, condition resolved. |  |  | QC Complete | 08/27/2025 | 10/03/2025 | 10/03/2025 | 08/26/2025 |
| 14I1DOH2AIT | XX |  | XX | Florida | 08/XX/2025 | Purchase | Not Covered/Exempt | 3 | 1 | Credit | Credit | 14I1DOH2AIT-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Missing condo questionnaire.<br>Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. | Resolved 09/03/2025 - Received Condo questionnaire, condition resolved. |  |  | QC Complete | 08/27/2025 | 09/03/2025 | 09/03/2025 | 08/26/2025 |
| A2CSNOJIAB1 | XX |  | XX | California | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | A2CSNOJIAB1-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrowers XX) as it is required by the guideline. 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 08/29/2025 |
| J1LFGHRLPAH | XX |  | XX | Ohio | 07/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit |  | J1LFGHRLPAH-G0TZ53U4 | Resolved | 3 | R | \* Hazard Insurance (Lvl R) | Provide hazard Insurance for subject property with correct mortgagee clause and coverage amount to match loan amount or show 100% replacement cost.<br>Resolved 08/07/2025 - Received hazard insurance with replacement cost and mortgage clause, condition resolved. | Resolved 08/07/2025 - Received hazard insurance with replacement cost and mortgage clause, condition resolved. | Resolved 08/07/2025 - Received hazard insurance with replacement cost and mortgage clause, condition resolved. |  |  | QC Complete | 07/31/2025 | 08/07/2025 | 08/07/2025 | 07/30/2025 |
| HEMLB0QOLR3 | XX |  | XX | New York | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | HEMLB0QOLR3-U0OKEMMW | Resolved | 3 | R | \* Required Documentation Missing or Incomplete (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (XX as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/04/2025 | 09/26/2025 | 09/26/2025 | 09/04/2025 |
| HEMLB0QOLR3 | XX |  | XX | New York | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | HEMLB0QOLR3-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | The amount of title insurance $XX does not cover the loan amount $XX. Provide a copy of the title supplement report to cover the loan amount.<br>Resolved 09/09/2025 - Received final title policy, condition resolved. | Resolved 09/09/2025 - Received final title policy, condition resolved. | Resolved 09/09/2025 - Received final title policy, condition resolved. |  |  | QC Complete | 09/04/2025 | 09/09/2025 | 09/09/2025 | 09/02/2025 |
| YWY0WY0UP12 | XX |  | XX | New York | 07/XX/2025 | Refinance | Non-QM/Compliant | 3 | 1 | Credit | Doc Issue | YWY0WY0UP12-V7TJ126N | Resolved | 3 | R | \* Amount of title insurance is less than mortgage amount (Lvl R) | Provide updated supplemental report with amount of title insurance covering the loan amount $XX<br>Resolved 08/07/2025 - Received title report with insured amount, condition resolved. | Resolved 08/07/2025 - Received title report with insured amount, condition resolved. | Resolved 08/07/2025 - Received title report with insured amount, condition resolved. |  |  | QC Complete | 08/04/2025 | 08/07/2025 | 08/07/2025 | 08/04/2025 |
| QPO1QMSISPR | XX |  | XX | North Carolina | 08/XX/2025 | Purchase | Non-QM/Compliant | 3 | 1 | Credit | Credit | QPO1QMSISPR-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide a copy of the UDM (Undisclosed Debt Monitoring) document for borrower (XX as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/04/2025 | 09/26/2025 | 09/26/2025 | 09/02/2025 |
| SVEMTPDNJY3 | XX |  | XX | California | 08/XX/2025 | Cash Out | Not Covered/Exempt | 3 | 1 | Credit | Credit | SVEMTPDNJY3-EDXGB1F3 | Resolved | 3 | R | \* Required Documentation Missing (Lvl R) | Provide UDM for borrower (XX as it is required by the guideline.<br>09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. | 09/26/2025 - Resolved as per the updated guidelines do not require UDM. |  |  | QC Complete | 09/03/2025 | 09/26/2025 | 09/26/2025 | 09/03/2025 |

---

## Exhibit 99.3

**Exhibit 99.3**

![](ex99-3_001.jpg)

FORWARD THINKING. SEAMLESS SOLUTIONS**.**<br>

Executive Summary

NRMLT 2025-NQM7

Dated: November 17, 2025

**290 S. Preston Road \| Suite 370 \| Prosper, TX 75078**<br> **P: 888.892.1843 \| evolvemortgageservices.com**<br>

![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview** 

Evolve Mortgage Services ("Evolve") performed certain due diligence services (the "Review") described below on loans backed by residential properties (the "Loans") originated by a lender and subsequently purchased by Rithm Capital (the "Client"). The Review was conducted via files imaged and provided by the lender or its designee for review. The Review results were conveyed to the Client by a Reliance Letter.

**Sample size and criteria.**

The final population of the Review covered 53 Loans, 12 Residential Loans and 41 Business Purpose Loans, totaling an aggregate original principal balance of approximately $24,356,063.00 Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population.

**Determination of the sample size and computation.**

The Review was conducted consistent with the criteria for Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency, LLC ("KBRA"), the NRSROs identified in Item 3 of the ABS Due Diligence-15E.

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

Evolve compared data fields on the bid tape provided by the Client and uploaded to the underwriting system to the data found in the Loan file as captured during the Review. The data integrity review was completed versus tapes as provided at the time of initial diligence or subsequently updated. Discrepancies outside of reasonable tolerances were reported. Not all data elements were provided to Evolve on every loan within the securitization population. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;Property Street Address |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Property Zip |
| &nbsp;&nbsp;Index Type | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;QM Status |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Qualifying Credit Score |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Qualifying DTI |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;Original Term | &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;Self-Employment Flag |

---

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 1 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

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

**Asset Review:** Evolve 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, Evolve 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).

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 2 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**Hazard/Flood Insurance/Taxes:** A review of the insurance present on the mortgage loan was also performed by Evolve. During the course of this review, Evolve (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, Evolve 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:** Evolve 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, Evolve 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:** Evolve 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, Evolve conditioned the mortgage loan for the missing fraud report product.

If a report was present, Evolve 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, Evolve 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.

---

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 3 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**Title Review:** Evolve'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:** Evolve 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, Evolve 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.

**Regulatory Compliance:** Evolve conducted a review to determine whether the loan met certain federal, state and local regulatory requirements at the time of origination when applicable. All applicable tests and disclosure reviews were graded in accordance with the Structured Finance Association ("SFA") published RMBS 3.0 TRID Compliance Review Scope. The Regulatory Compliance Review conducted is fully detailed in Appendix A.

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 4 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

Evolve'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. Evolve'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, Evolve'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 Evolve'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 Evolve or if it was not directly accessible that another valuation product that was directly accessible to Evolve was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, Evolve confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, Evolve created an exception.

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 5 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**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 NRSRO listed in the Form ABS Due Diligence-15E.

**Compliance Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;12 | &nbsp;&nbsp;22.64% | &nbsp;&nbsp;12 | &nbsp;&nbsp;22.64% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;41 | &nbsp;&nbsp;77.36% | &nbsp;&nbsp;41 | &nbsp;&nbsp;77.36% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** |

---

**Credit Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;43 | &nbsp;&nbsp;81.13% | &nbsp;&nbsp;43 | &nbsp;&nbsp;81.13% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;18.87% | &nbsp;&nbsp;10 | &nbsp;&nbsp;18.87% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;53 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;52 | &nbsp;&nbsp;98.11% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.89% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** |

---

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 6 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**Overall Results Summary**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**KBRA** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;43 | &nbsp;&nbsp;81.13% | &nbsp;&nbsp;42 | &nbsp;&nbsp;79.25% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;10 | &nbsp;&nbsp;18.87% | &nbsp;&nbsp;11 | &nbsp;&nbsp;20.75% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**53** | &nbsp;&nbsp;**100.00%** |

---

**Data Results Summary**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;6 | &nbsp;&nbsp;53 | &nbsp;&nbsp;11.32% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;16 | &nbsp;&nbsp;53 | &nbsp;&nbsp;30.19% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;23 | &nbsp;&nbsp;53 | &nbsp;&nbsp;43.40% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;1 | &nbsp;&nbsp;53 | &nbsp;&nbsp;1.89% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;23 | &nbsp;&nbsp;53 | &nbsp;&nbsp;43.40% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;53 | &nbsp;&nbsp;53 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;PITI | &nbsp;&nbsp;11 | &nbsp;&nbsp;53 | &nbsp;&nbsp;20.75% |
| &nbsp;&nbsp;Prepayment Penalty Type | &nbsp;&nbsp;38 | &nbsp;&nbsp;53 | &nbsp;&nbsp;71.70% |
| &nbsp;&nbsp;Product Code | &nbsp;&nbsp;36 | &nbsp;&nbsp;53 | &nbsp;&nbsp;67.92% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;2 | &nbsp;&nbsp;53 | &nbsp;&nbsp;3.77% |
| &nbsp;&nbsp;Property Street Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;53 | &nbsp;&nbsp;1.89% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;6 | &nbsp;&nbsp;53 | &nbsp;&nbsp;11.32% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;8 | &nbsp;&nbsp;53 | &nbsp;&nbsp;15.09% |
| &nbsp;&nbsp;QM Status | &nbsp;&nbsp;53 | &nbsp;&nbsp;53 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Credit Score | &nbsp;&nbsp;2 | &nbsp;&nbsp;53 | &nbsp;&nbsp;3.77% |
| &nbsp;&nbsp;Qualifying DTI | &nbsp;&nbsp;14 | &nbsp;&nbsp;53 | &nbsp;&nbsp;26.42% |
| &nbsp;&nbsp;Self-Employment Flag | &nbsp;&nbsp;4 | &nbsp;&nbsp;53 | &nbsp;&nbsp;7.55% |

---

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|:---|:---|:---|
| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 7 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

**APPENDIX A**

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

 ****

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

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

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| ![](ex99-3_003.jpg)  |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 8 \| P a g e |

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![](ex99-3_002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

vii) confirm the Affiliated Business Arrangement Disclosure is executed; and <br> viii) confirm the presence of the Initial Escrow Disclosure Statement in the loan file and proper timing.

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

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

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

**(VI) Document Review**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Note;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Appraisal;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Final TIL;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

&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 loan to a first-time homebuyer that contains a negative
amortization feature;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

*<u>Qualified Mortgage</u>*

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

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

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

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

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

 

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

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

 

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

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

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

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

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

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

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

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

**(XI) FIRREA Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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**(XIII) Document Review**

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

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

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

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

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## Exhibit 99.3

**Exhibit 99.3 Schedule 1**

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| **Valuation Report** |
| **Run Date - 12/01/2025 3:06:44 PM** |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| 1639788 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.7 |
| 1670519 | XX | XX | XX | XX | XX | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.1 |
| 1670277 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.2 |
| 1643322 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.4 |
| 1641500 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670841 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.5 |
| 1641947 | XX | XX | XX | XX |  | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643091 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1642585 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -9.07% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 5 |
| 1641942 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1641525 | XX | XX | XX | XX | XX | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1642211 | XX | XX | XX | XX |  | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643087 | XX | XX | XX | XX |  | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -14.29% | XX | High | XX |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1642853 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1668777 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.3 |
| 1642684 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -9.05% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.6 |
| 1643676 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.5 |
| 1642385 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1643323 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.5 |
| 1668564 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643363 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.9 |
| 1643339 | XX | XX | XX | XX |  | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -9.59% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643342 | XX | XX | XX | XX | XX | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668699 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1670949 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4 |
| 1669162 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1668700 | XX | XX | XX | XX |  | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -9.68% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1642675 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.8 |
| 1668568 | XX | XX | XX | XX |  | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.6 |
| 1668702 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670281 | XX | XX | XX | XX | XX | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.6 |
| 1643801 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.2 |
| 1668570 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1668706 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1643377 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1643378 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643681 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -1.71% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.6 |
| 1643684 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1643795 | XX | XX | XX | XX | XX | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | L:ow | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643813 | XX | XX | XX | XX | XX | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1643095 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Moderate Risk | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.6 |
| 1670454 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.8 |
| 1670455 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1670284 | XX | XX | XX | XX |  | XX | XX | XX | 1025 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1668789 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.3 |
| 1643691 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1643695 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.5 |
| 1670528 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.1 |
| 1670287 | XX | XX | XX | XX | XX | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | XX | -9.86% | XX | Moderate | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.3 |
| 1670176 | XX | XX | XX | XX | XX | XX | XX | XX | 1073 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1 |
| 1670537 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.2 |
| 1670299 | XX | XX | XX | XX |  | XX | XX | XX | 1004 | XX | XX | XX |  |  |  |  |  |  |  |  |  |  |  | XX | $0.00 | 0.00% | XX | Low | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| 1670024 | XX | XX | XX | XX | XX | XX | XX | XX | 1004 | XX | XX | XX | XX | XX | 34.74% | XX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.5 |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 2**

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| |
|:---|
| ![](ex99-3sch2_001.jpg) |
| **Rating Agency Grades** |
| **Run Date - 12/01/2025 3:06:44 PM** |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| 1639788 | XX | XX | XX D | A | A | A | A | A D | A | A | A | A | A |
| 1670519 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670277 | XX | XX | XX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1643322 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1641500 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670841 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1641947 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643091 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1642585 | XX | XX | XX C | C | C | C | C | C A B | A | A | A | A | A B |
| 1641942 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1641525 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1642211 | XX | XX | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1643087 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |
| 1642853 | XX | XX | XX D | A | A | A | A | A D | A | A | A | A | A |
| 1668777 | XX | XX | XX A | A | A | A | A | A | A | A | A | A | A |
| 1642684 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643676 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1642385 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643323 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668564 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1643363 | XX | XX | XX C | A | A | A | A | A C | A | A | A | A | A |
| 1643339 | XX | XX | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1643342 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1668699 | XX | XX | XX D | N/A | N/A | N/A | N/A | N/A C D | N/A | N/A | N/A | N/A | N/A |
| 1670949 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1669162 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1668700 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1642675 | XX | XX | XX C | A | A | A | A | A C | A | A | A | A | A |
| 1668568 | XX | XX | XX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 1668702 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670281 | XX | XX | XX C | A | A | A | A | A C B | A | A | A | A | A B |
| 1643801 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1668570 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1668706 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643377 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643378 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1643681 | XX | XX | XX A | A | A | A | A | A | A | A | A | A | A |
| 1643684 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1643795 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1643813 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1643095 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670454 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670455 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670284 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1668789 | XX | XX | XX C | C | C | C | C | C A B | A | A | A | A | A B |
| 1643691 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1643695 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 1670528 | XX | XX | XX A | A | A | A | A | A | A | A | A | A | A |
| 1670287 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670176 | XX | XX | XX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| 1670537 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670299 | XX | XX | XX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 1670024 | XX | XX | XX C | A | A | A | A | A C | A | A | A | A | A |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 3**

---

| |
|:---|
| ![](ex99-3sch3_001.jpg) |
| **Business Purpose Data** |
| **Run Date - 12/01/2025 3:06:44 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Seller Name** | **Originator Name** | **Guideline Author** | **Loan Program** | **Loan Program Date** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Rental Source for Property DTI Calculation** | **Short Term Rental** | **STR Source** | **STR Amount** | **Property DTI** | **Investor DTI** | **Value Used for DSCR Calc** | **DSCR** | **Total DSCR** | **PITIA** | **Lease End Date** | **Original Lease Term** | **Is Lease Month To Month** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Actual Loss Amount** | **HOA Flag** | **HOA Monthly Premium Amount** | **Monthly Property Tax** | **Monthly Insurance Cost** | **Asset Verification** | **Blanket Mortgage Flag** | **Number of Mortgaged Properties With Lender** | **Number of Properties** | **Foreign National Alternative Credit Documentation** | **Foreign National Borrower 1** | **Foreign National Borrower 2** | **Investor Type** | **Months Reserves** | **Number of Years Property Owned** | **Borrower Residency Status** | **Co Borrower Residency Status** | **Qualifying Credit Score** | **Months Bankruptcy 7 11** | **Months Bankruptcy 13** | **Months Deed in Lieu** | **Months Short Sale or Pre FC** | **Prior Mtg Rent Late 30d in 12m** | **Prior Mtg Rent Late 60d in 12m** | **Prior Mtg Rent Late 90d in 12m** | **Prior Mtg Rent Late 30d in 24m** | **Prior Mtg Rent Late 60d in 24m** | **Prior Mtg Rent Late 90d in 24m** | **Section 8** | **Street Address** | **Borrower 1 Type** | **Borrower 1 Designation** | **Borrower 1 First Name** | **Borrower 1 Last Name** | **Borrower 2 Type** | **Borrower 2 Designation** | **Borrower 2 First Name** | **Borrower 2 Last Name** | **Borrower 3 Designation** | **Borrower 3 First Name** | **Borrower 3 Last Name** | **Borrower 4 Designation** | **Borrower 4 First Name** | **Borrower 4 Last Name** | **Personal Guarantee** | **Personal Guaranty Recourse Level** | **Guarantor 1 First Name** | **Guarantor 1 Last Name** | **Guarantor 1 Number of Mortgaged Properties** | **Guarantor 1 Citizenship** | **Guarantor 1 Asset Verification Level** | **Guarantor 1 Experian FICO** | **Guarantor 1 Equifax FICO** | **Guarantor 1 Trans Union FICO** | **Guarantor 2 First Name** | **Guarantor 2 Last Name** | **Guarantor 2 Number of Mortgaged Properties** | **Guarantor 2 Citizenship** | **Guarantor 2 Asset Verification Level** | **Guarantor 2 Experian FICO** | **Guarantor 2 Equifax FICO** | **Guarantor 2 Trans Union FICO** | **Borrower 1 Employment Status** | **Borrower 2 Employment Status** | **Loan Application Date** | **Sales Contract Date** | **Qualifying Home Value for LTV** | **Number of Units** | **Year Built** | **Total Sq Ft** | **Number of Bedrooms** | **Number of Bathrooms** | **Property Condition** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Borrower Entity Type** | **Name of Borrowing Entity** | **Default Rate Clause** | **Default Rate** | **EIN Number** |
| 1670519 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $19900.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 19900 | 1.18 | 1.18 | $16837.93 |  |  |  | Yes | $0.00 | Yes | YES | $2252.00 | $1895.50 | $58.83 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 105 | 0.9 | US Citizen |  | 719 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 691 | 719 | 720 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 2005 | 2413 | 4 | 5.1 | C1 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643322 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2850.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2850 | 1.51 | 1.51 | $1890.30 |  |  |  | Yes | $28800.00 |  | NO | $0.00 | $299.57 | $54.04 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 18 | 5 | US Citizen |  | 778 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 752 | 778 | 780 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1922 | 1215 | 4 | 1 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1641500 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2950.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2950 | 1.02 | 1.02 | $2887.66 |  |  |  | Yes | $59200.00 |  | NO | $0.00 | $514.69 | $191.42 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 2 | 3 | US Citizen |  | 712 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 710 | 723 | 712 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 2 | 1900 | 2132 | 3 | 2 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670841 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2500 | 1.04 | 1.04 | $2395.50 |  |  |  | Yes | $35000.00 |  | NO | $0.00 | $463.75 | $92.83 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 12 | 3 | US Citizen |  | 719 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 719 | 722 | 690 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1887 | 1764 | 3 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1641947 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2600 | 1.34 | 1.34 | $1944.31 |  |  |  | Yes | $41100.00 |  | NO | $0.00 | $68.60 | $354.92 | Stated, Verified | NO | 1 | 7 |  | No | No | Experienced | 104 | 5 | Permanent Resident Alien | Permanent Resident Alien | 763 | 0 | 0 |  |  | 1 | 0 | 0 | 1 | 1 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Permanent Resident Alien | Stated, Verified | 763 | 759 | 773 | XX | XX |  | Permanent Resident Alien | Stated, Verified | 690 | 663 | 700 | Not Required | Not Required | XX |  | XX | 4 | 1930 | 2555 | 8 | 4 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643091 | XX | XX | XX | XX | XX | XX | XX | Bank Statement | Yes | No | $0.00 | $4000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 11.266 |  | 0 | 0 | 0 | $3899.07 |  |  |  | Yes | $92903.00 |  | NO | $0.00 | $701.69 | $151.50 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 51 | 3 | US Citizen | US Citizen | 805 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower | XX | XX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed | Employed | XX |  | XX | 1 | 1950 | 1510 | 5 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  |  |
| 1641942 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $3600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3600 | 1.7 | 1.7 | $2120.99 |  |  |  | Yes | $34600.00 |  | NO | $0.00 | $390.74 | $108.75 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 19 | 0.9 | US Citizen |  | 688 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 653 | 688 | 700 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1958 | 1539 | 3 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1641525 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $4400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4400 | 1.14 | 1.14 | $3851.32 |  |  |  | No |  |  | NO | $0.00 | $281.17 | $641.69 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 3 | 1 | US Citizen |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 2 | 1960 | 2710 | 6 | 2.1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1642211 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $4200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4200 | 1.32 | 1.32 | $3178.47 |  |  |  | No |  |  | NO | $0.00 | $916.67 | $0.00 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 13 | 4 | US Citizen |  | 788 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 800 | 788 | 772 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 2025 | 1815 | 5 | 3.1 | C1 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643087 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $5600.00 |  | 1025 | No |  | 0 |  |  | 5600 | 1.03 | 1.03 | $5451.83 |  |  |  | No |  |  | NO | $0.00 | $739.56 | $182.40 | Stated, Not Verified | NO | 1 | 5 |  | No | No | Experienced | 94 | 3 | US Citizen |  | 754 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Not Verified | 741 | 763 | 754 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1926 | 2288 | 6 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 1642684 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $7800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 7800 | 1.05 | 1.05 | $7429.26 |  |  |  | Yes | $50000.00 |  | NO | $0.00 | $1647.05 | $208.33 | Stated, Verified | NO | 7 | 8 |  | No | No | Experienced | 21 | 2 | US Citizen |  | 735 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 689 | 757 | 735 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1923 | 2064 | 3 | 2 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643676 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2400 | 1.42 | 1.42 | $1691.86 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $257.18 | $87.58 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 18 | 2 | US Citizen |  | 759 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 746 | 760 | 759 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1909 | 1753 | 4 | 1.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1642385 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $5700.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5700 | 1.03 | 1.03 | $5520.18 |  |  |  | Yes | $0.00 | Yes | YES | $98.00 | $682.24 | $136.51 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 4 | 7 | US Citizen |  | 714 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1998 | 2071 | 4 | 2.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  |  |
| 1643323 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | Yes | $2300.00 | $2100.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2100 | 1 | 1 | $2098.88 | 20260530 | 12 | No | Yes | $31600.00 |  | NO | $0.00 | $310.53 | $137.82 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 23 | 0.1 | US Citizen |  | 762 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 733 | 762 | 764 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 2025 | 1642 | 4 | 2 | C1 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1668564 | XX | XX |  | XX | XX | XX | XX | DSCR+Asset Depletion | Yes | Yes | $3200.00 | $2400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3483.33 | 1.3 | 1.3 | $2685.46 |  | 1 | Yes | Yes | $60000.00 |  | YES | $1.00 | $212.75 | $33.20 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 27 | 8.3 | US Citizen |  | 774 | 0 | 0 |  |  | 7 | 6 | 5 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 2025 | 1881 | 4 | 2.1 | C1 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1643339 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $3800.00 |  | 1025 | No |  | 0 |  |  | 3800 | 1.42 | 1.42 | $2677.42 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $796.33 | $82.75 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 66 | 4 | US Citizen |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 754 | 765 | 775 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 2 | 1914 | 2734 | 5 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643342 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $4000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4000 | 2.55 | 2.55 | $1570.51 |  |  |  | Yes | $50000.00 |  | NO | $0.00 | $183.62 | $148.93 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 129 | 0.9 | Permanent Resident Alien |  | 728 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 3 | 1860 | 2791 | 4 | 3 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1668699 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $1650.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1650 | 1.31 | 1.31 | $1262.42 |  |  |  | Yes | $18000.00 |  | NO | $0.00 | $184.14 | $55.48 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 18 | 5 | Permanent Resident Alien |  | 776 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Permanent Resident Alien | Stated, Verified | 776 | 761 | 782 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1913 | 850 | 2 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670949 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | Yes | $9000.00 | $4250.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4500 | 0.87 | 0.87 | $5156.05 | 20260831 | 13 |  | Yes | $46900.00 |  | NO | $0.00 | $575.00 | $172.63 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 12 | 6 | US Citizen |  | 716 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 1890 | 1795 | 3 | 2.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1669162 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $6137.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 6137 | 1 | 1 | $6124.49 |  |  |  | Yes | $186045.00 |  | NO | $0.00 | $1155.56 | $140.50 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 179 | 1 | US Citizen |  | 703 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 762 | 697 | 703 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 1938 | 1850 | 3 | 2 | C2 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1668700 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $7500.00 |  | 1025 | No |  | 0 |  |  | 7500 | 1.35 | 1.35 | $5535.15 |  |  |  | No |  |  | NO | $0.00 | $493.44 | $265.32 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 2 | 3 | US Citizen |  | 740 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 739 | 748 | 740 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1967 | 2520 | 7 | 3 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 1668568 | XX | XX | XX | XX | XX | XX | XX | P&L | Yes | Yes | $2700.00 | $2450.00 | FNMA 1007/216 | Leases | No |  | 0 | 34.881 |  | 0 | 0 | 0 | $3046.58 | 20260228 | 12 | No | Yes | $5000.00 |  | YES | $495.00 | $525.97 | $73.33 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 57 | 12 | US Citizen |  | 738 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Employed |  | XX |  | XX | 1 | 1979 | 1067 | 2 | 2 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1668702 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $5800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5800 | 1.28 | 1.28 | $4538.40 |  |  |  | Yes | $110000.00 |  | NO | $0.00 | $1193.35 | $151.92 | Not Stated, not Verified | NO | 1 | 3 |  | No | No | Experienced | 101 | 2 | Permanent Resident Alien |  | 819 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Permanent Resident Alien | Not Stated, not Verified | 819 | 813 | 819 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1988 | 2653 | 6 | 5 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643801 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $3000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3000 | 1.48 | 1.48 | $2032.87 |  |  |  | No |  |  | NO | $0.00 | $621.65 | $130.60 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 90 | 4 | US Citizen | US Citizen | 767 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 736 | 778 | 766 | XX | XX |  | US Citizen | Stated, Verified | 762 | 783 | 767 | Not Required | Not Required | XX |  | XX | 1 | 1956 | 971 | 2 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  | XX |
| 1668570 | XX | XX | XX | XX | XX | XX | XX | Bank Statement | Yes | No | $0.00 | $2200.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 | 41.513 |  | 0 | 0 | 0 | $2340.10 |  |  |  | No |  |  | YES | $95.00 | $272.68 | $124.08 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 5 | 5 | US Citizen |  | 775 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 775 | 776 | 752 |  |  |  |  |  |  |  |  | Employed |  | XX |  | XX | 1 | 2016 | 1814 | 3 | 2.1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1668706 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | Yes | $1900.00 | $1800.00 | FNMA 1007/216 | Leases | No |  | 0 |  |  | 1900 | 1.03 | 1.03 | $1839.55 | 20241130 | 1 | Yes | Yes | $30000.00 |  | NO | $0.00 | $134.40 | $99.33 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 26 | 2 | US Citizen | US Citizen | 746 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower | XX | XX | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required | Not Required | XX |  | XX | 1 | 1990 | 1728 | 3 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1643377 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $3600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 3600 | 1 | 1 | $3590.92 |  |  |  | Yes | $18000.00 |  | NO | $0.00 | $663.35 | $310.30 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 105 | 15 | US Citizen |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 724 | 773 | 765 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1953 | 1319 | 4 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643378 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2600.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2600 | 1.11 | 1.11 | $2337.76 |  |  |  | Yes | $18000.00 |  | NO | $0.00 | $453.42 | $203.52 | Stated, Verified | NO | 1 | 4 |  | No | No | Experienced | 101 | 15 | US Citizen |  | 765 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 724 | 773 | 765 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1941 | 1409 | 3 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643684 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $4300.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 4300 | 1.11 | 1.11 | $3886.02 |  |  |  | Yes | $65650.00 |  | NO | $0.00 | $1140.09 | $248.83 | Stated, Verified | NO | 1 | 3 |  | No | No | Experienced | 91 | 3 | US Citizen |  | 723 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 2023 | 2654 | 4 | 3 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | FALSE |  |  |
| 1643795 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $4000.00 |  | 1025 | No |  | 0 |  |  | 4000 | 1.88 | 1.88 | $2122.97 |  |  |  | Yes | $18000.00 |  | NO | $0.00 | $346.07 | $300.08 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 56 | 25 | US Citizen |  | 764 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 749 | 778 | 764 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 2 | 1920 | 2299 | 4 | 2.1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | FALSE |  |  |
| 1643813 | XX | XX | XX | XX | XX | XX | XX | DSCR+Asset Depletion | Yes | No | $0.00 | $3600.00 | Other | Other | No |  | 0 |  |  | 5266.67 | 1.11 | 1.11 | $4761.62 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $770.50 | $646.74 | Stated, Verified | NO | 1 | 2 |  | No | No | Inexperienced | 28 | 5 | US Citizen |  | 766 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 767 | 766 | 760 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 2 | 1981 | 1468 | 4 | 2 | C4 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643095 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2550.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2550 | 1.2 | 1.2 | $2118.19 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $292.47 | $104.42 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 31 | 4 | US Citizen |  | 773 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 791 | 754 | 773 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1901 | 1800 | 5 | 2 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670454 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2000.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2000 | 1.48 | 1.48 | $1353.11 |  |  |  | Yes | $27200.00 |  | NO | $0.00 | $186.60 | $65.25 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 45 | 0.2 | US Citizen |  | 758 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 736 | 758 | 766 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1943 | 976 | 2 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670455 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2100.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2100 | 1.41 | 1.41 | $1489.10 |  |  |  | No |  |  | NO | $0.00 | $219.47 | $147.95 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 16 | 0.2 | US Citizen |  | 758 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 736 | 758 | 766 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 1927 | 1375 | 3 | 1 | C4 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670284 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $8700.00 |  | 1025 | No |  | 0 |  |  | 8700 | 1.41 | 1.41 | $6149.17 |  |  |  | Yes | $57000.00 |  | NO | $0.00 | $647.46 | $325.63 | Stated, Verified | NO | 2 | 3 |  | No | No | Experienced | 4 | 4 | US Citizen |  | 786 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 786 | 801 | 778 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 3 | 1915 | 3351 | 9 | 3 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643691 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2500 | 1.04 | 1.04 | $2413.83 |  |  |  | No |  |  | YES | $120.00 | $322.09 | $109.08 | Stated, Verified | NO | 1 | 1 |  | No | No | Experienced | 109 | 6.9 | Non Permanent Resident Alien | Non Permanent Resident Alien | 781 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | Non Permanent Resident Alien | Stated, Verified | 773 | 770 | 768 | XX | XX |  | Non Permanent Resident Alien | Stated, Verified | 788 | 781 | 757 | Not Required | Not Required | XX |  | XX | 1 | 2024 | 1820 | 4 | 2 | C2 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1643695 | XX | XX |  | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $1800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1800 | 1.39 | 1.39 | $1294.50 |  |  |  | No |  |  | NO | $0.00 | $179.29 | $50.83 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 114 | 35 | US Citizen |  | 729 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX |  | XX | 1 | 1920 | 820 | 1 | 1 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1670287 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $2400.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 2400 | 1.02 | 1.02 | $2362.93 |  |  |  | Yes | $0.00 | Yes | NO | $0.00 | $391.89 | $109.38 | Stated, Verified | NO | 18 | 18 |  | No | No | Experienced | 671 | 2 | US Citizen |  | 755 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 779 | 755 | 738 |  |  |  |  |  |  |  |  | Not Required |  | XX | XX | XX | 1 | 1920 | 792 | 2 | 1 | C3 | XX | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |
| 1670176 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $5500.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 5500 | 1.07 | 1.07 | $5154.66 |  |  |  | Yes | $40000.00 |  | YES | $395.00 | $864.07 | $89.92 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 9 | 1 | US Citizen |  | 789 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX | Primary | Primary | XX | XX | Co-Borrower | Co-Borrower |  |  | Co-Borrower |  |  | Co-Borrower |  |  | No |  |  |  |  |  |  | 0 | 0 | 0 |  |  |  |  |  | 0 | 0 | 0 | Not Required |  | XX | XX | XX | 1 | 2024 | 2934 | 5 | 4.1 | C1 | XX | $0.00 |  |  |  |  |  |  |  | Individual(s) |  | TRUE | 18 |  |
| 1670537 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $1800.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1800 | 1.14 | 1.14 | $1582.03 |  |  |  | No |  |  | NO | $0.00 | $123.41 | $122.16 | Stated, Verified | NO | 1 | 2 |  | No | No | Experienced | 30 | 1 | US Citizen |  | 721 | 0 | 0 |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 721 | 719 | 740 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1964 | 1144 | 3 | 1 | C3 | $0.00 | $0.00 |  |  |  |  |  |  |  | Corporation | XX | FALSE |  | XX |
| 1670299 | XX | XX | XX | XX | XX | XX | XX | Debt Service Coverage | Yes | No | $0.00 | $1950.00 | FNMA 1007/216 | FNMA 1007/216 | No |  | 0 |  |  | 1950 | 1.45 | 1.45 | $1344.55 |  |  |  | Yes | $20000.00 |  | NO | $0.00 | $138.75 | $141.42 | Stated, Verified | NO | 1 | 1 |  | No | No | Inexperienced | 113 | 5 | US Citizen |  | 760 | 0 | 0 |  |  |  |  |  |  |  |  |  | XX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | Full | XX | XX |  | US Citizen | Stated, Verified | 775 | 752 | 760 |  |  |  |  |  |  |  |  | Not Required |  | XX |  | XX | 1 | 1892 | 888 | 2 | 1 | C4 | $0.00 | $0.00 |  |  |  |  |  |  |  | Limited Liability Corp | XX | TRUE | 18 | XX |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 4**

---

| |
|:---|
| ![](ex99-3sch4_001.jpg) |
| **Data Compare** |
| **Run Date - 12/01/2025 3:06:44 PM** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| 1639788 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1639788 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1639788 | XX | XX | Loan Purpose | Refinance (Refi) No - Limited Cash Out | Refinance - Cash Out | Verified cash-out with final CD |
| 1639788 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1639788 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1639788 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1639788 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1639788 | XX | XX | Qualifying DTI | 19.55800 | 0.19558 | Same |
| 1639788 | XX | XX | Self-Employment Flag | N | Y | Verified with CPA letter |
| 1670519 | XX | XX | Note Date | XX | XX | verified |
| 1670519 | XX | XX | PITI | 16837.93 | 14585.93 | HOA $2,252 not included in audited data |
| 1670519 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1670519 | XX | XX | Product Code | BPACC 30 YR FIXED 1 YR PPP | BPACC30YF1YPP | Same |
| 1670519 | XX | XX | Property Type | Condo-Lo 1-4 Stories | Condo-Hi >8 Stories | Per appraisal building is 62 stories |
| 1670519 | XX | XX | QM Status |  | Exempt | verified |
| 1670277 | XX | XX | Qualifying Credit Score | 726 | 720 | Credit Report Dated 07/xx/25 Trans mid 720 |
| 1670277 | XX | XX | Doc Type | Alternative Doc | Bank Statement | 12-month bank statement loan approval |
| 1670277 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1670277 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1670277 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670277 | XX | XX | Qualifying DTI | 7.87000 | 0.08845 | Returned deposited not subtracted from original data income calculation |
| 1643322 | XX | XX | First Payment Date | XX | XX | verified |
| 1643322 | XX | XX | Maturity Date | XX | XX | verified |
| 1643322 | XX | XX | Note Date | XX | XX | verified |
| 1643322 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643322 | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 1643322 | XX | XX | Property Zip | XX | XX | verified |
| 1643322 | XX | XX | QM Status |  | Exempt | verified |
| 1641500 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1641500 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1641500 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1641500 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1641500 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670841 | XX | XX | Note Date | XX | XX | verified |
| 1670841 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1670841 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1670841 | XX | XX | QM Status |  | Exempt | verified |
| 1641947 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1641947 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1641947 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1641947 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1641947 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643091 | XX | XX | DSCR | 1.020 |  | 12 month Bank statement loan approval |
| 1643091 | XX | XX | Doc Type | Alternative Doc | Bank Statement | 12 month Bank statement loan approval |
| 1643091 | XX | XX | First Payment Date | XX | XX | verified |
| 1643091 | XX | XX | Maturity Date | XX | XX | verified |
| 1643091 | XX | XX | Note Date | XX | XX | verified |
| 1643091 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643091 | XX | XX | Product Code | BPACCINC 30 YR FIXED 3 YEAR PPP STEP DN | BPACCINC30Y3YPPSD | Same |
| 1643091 | XX | XX | Property Zip | XX | XX | verified |
| 1643091 | XX | XX | QM Status |  | Exempt | verified |
| 1643091 | XX | XX | Qualifying DTI | 11.40100 | 0.11266 | Within tolerance |
| 1643091 | XX | XX | Self-Employment Flag | N | Y | 12 month Business Bank statement loan approval |
| 1642585 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with business bank statements and loan approval |
| 1642585 | XX | XX | First Payment Date | XX | XX | verified |
| 1642585 | XX | XX | Maturity Date | XX | XX | verified |
| 1642585 | XX | XX | Note Date | XX | XX | verified |
| 1642585 | XX | XX | PITI | 7694.74 | 7457.60 | Audit value does not reflect Flood Insurance and HOA Dues. |
| 1642585 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Verified the same. |
| 1642585 | XX | XX | Property Type | PUD-Detached | Single Family | Verified with Appraisal. Deficiency added. |
| 1642585 | XX | XX | QM Status |  | Exempt | verified |
| 1642585 | XX | XX | Qualifying DTI | 43.81000 | 0.43778 | Verified Total Monthly Debts $14,013.52 / Total Income $32,013.29 |
| 1641942 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1641942 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1641942 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1641942 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1641942 | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP | BPACC30Y2YPP | Same |
| 1641942 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1641525 | XX | XX | First Payment Date | XX | XX | verified |
| 1641525 | XX | XX | Maturity Date | XX | XX | verified |
| 1641525 | XX | XX | Note Date | XX | XX | verified |
| 1641525 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1641525 | XX | XX | QM Status |  | Exempt | verified |
| 1642211 | XX | XX | First Payment Date | XX | XX | verified |
| 1642211 | XX | XX | Maturity Date | XX | XX | verified |
| 1642211 | XX | XX | Note Date | XX | XX | verified |
| 1642211 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1642211 | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP STEP DN | BPACC30YF2YPPSD | Verified data reflect the same. |
| 1642211 | XX | XX | QM Status |  | Exempt | verified |
| 1643087 | XX | XX | First Payment Date | XX | XX | verified |
| 1643087 | XX | XX | Maturity Date | XX | XX | verified |
| 1643087 | XX | XX | Note Date | XX | XX | verified |
| 1643087 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643087 | XX | XX | Property Type | Three Family | Two Family | verified with appraisal report |
| 1643087 | XX | XX | QM Status |  | Exempt | verified |
| 1642853 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with Bank Statements and Loan Approval |
| 1642853 | XX | XX | First Payment Date | XX | XX | verified |
| 1642853 | XX | XX | Maturity Date | XX | XX | verified |
| 1642853 | XX | XX | Note Date | XX | XX | verified |
| 1642853 | XX | XX | Property Zip | XX | XX | verified |
| 1642853 | XX | XX | QM Status |  | Exempt | verified |
| 1642853 | XX | XX | Qualifying DTI | 38.69100 | 0.37083 | Verifeid Total Monthly Debts $8,533.45 / Total Income $23,011.49 |
| 1642853 | XX | XX | Self-Employment Flag | N | Y | Verified with CPA Letter |
| 1668777 | XX | XX | Doc Type | Alternative Doc | Bank Statement | 12 - month Business Bank Statement loan |
| 1668777 | XX | XX | Note Date | XX | XX | verified |
| 1668777 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1668777 | XX | XX | QM Status |  | Exempt | verified |
| 1668777 | XX | XX | Qualifying DTI | 23.56100 | 0.23561 | Same |
| 1642684 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1642684 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1642684 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1642684 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1642684 | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Verified Same. |
| 1642684 | XX | XX | Property City | XX | XX | Verified w/ legal description |
| 1642684 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643676 | XX | XX | Note Date | XX | XX | verified |
| 1643676 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643676 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same. |
| 1643676 | XX | XX | QM Status |  | Exempt | verified |
| 1642385 | XX | XX | First Payment Date | XX | XX | verified |
| 1642385 | XX | XX | Maturity Date | XX | XX | verified |
| 1642385 | XX | XX | Note Date | XX | XX | verified |
| 1642385 | XX | XX | PITI | 5520.18 | 5422.18 | PITI $5422.18+HOA $98.00 |
| 1642385 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1642385 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1642385 | XX | XX | QM Status |  | Exempt | verified |
| 1643323 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643323 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643323 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643323 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643323 | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 1643323 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1668564 | XX | XX | Doc Type | Debt Service Coverage | DSCR+Asset Depletion | verified with rate lock confirmation |
| 1668564 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1668564 | XX | XX | PITI | 2685.46 | 2684.46 | verified with first payment letter |
| 1668564 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1668564 | XX | XX | Product Code | BPACC 30 YR FIXED 1 YR PPP | BPACC30YF1YPP | same |
| 1668564 | XX | XX | Property Type | PUD-Detached | PUD-Attached | verified with appraisal report |
| 1668564 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643363 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1643363 | XX | XX | First Payment Date | XX | XX | verified |
| 1643363 | XX | XX | Maturity Date | XX | XX | verified |
| 1643363 | XX | XX | Note Date | XX | XX | verified |
| 1643363 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1643363 | XX | XX | QM Status |  | Exempt | verified |
| 1643363 | XX | XX | Qualifying DTI | 20.73100 | 0.20731 | Same |
| 1643339 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643339 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643339 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643339 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643339 | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 1643339 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643342 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643342 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643342 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643342 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643342 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1643342 | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 1668699 | XX | XX | Note Date | XX | XX | verified |
| 1668699 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1668699 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 1668699 | XX | XX | Property Zip | XX | XX | verified |
| 1668699 | XX | XX | QM Status |  | Exempt | verified |
| 1670949 | XX | XX | DSCR | 1.740 | 0.870 | Market Rent/PITIA = $4,250/ $5,156.05 |
| 1670949 | XX | XX | Note Date | XX | XX | verified |
| 1670949 | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Verified with Loan Approval. |
| 1670949 | XX | XX | QM Status |  | Exempt | verified |
| 1669162 | XX | XX | Note Date | XX | XX | verified |
| 1669162 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1669162 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YR PPP | BPACC30Y5YPP | Same |
| 1669162 | XX | XX | QM Status |  | Exempt | verified |
| 1668700 | XX | XX | Note Date | XX | XX | verified |
| 1668700 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1668700 | XX | XX | Property Street Address | XX | XX | verified |
| 1668700 | XX | XX | Property Zip | XX | XX | verified |
| 1668700 | XX | XX | QM Status |  | Exempt | verified |
| 1642675 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1642675 | XX | XX | First Payment Date | XX | XX | verified |
| 1642675 | XX | XX | Maturity Date | XX | XX | verified |
| 1642675 | XX | XX | Note Date | XX | XX | verified |
| 1642675 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | same |
| 1642675 | XX | XX | QM Status |  | Exempt | verified |
| 1642675 | XX | XX | Qualifying DTI | 27.07800 | 0.31347 | Audited income of $23,613.51 and total debt of $7,402.18 |
| 1668568 | XX | XX | DSCR | 0.660 |  | verified |
| 1668568 | XX | XX | Doc Type | Alternative Doc | P&L | Verified with Loan Approval and Income Doc |
| 1668568 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1668568 | XX | XX | PITI | 3046.61 | 2551.58 | Verified Audit Data reflects PITI and Bid tape includes the HOA Dues. |
| 1668568 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1668568 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1668702 | XX | XX | Note Date | XX | XX | verified |
| 1668702 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1668702 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1668702 | XX | XX | QM Status |  | Exempt | verified |
| 1670281 | XX | XX | Note Date | XX | XX | verified |
| 1670281 | XX | XX | PITI | 1967.97 | 1443.97 | Verified PITI only |
| 1670281 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | same |
| 1670281 | XX | XX | Property Type | Condo-Lo 1-4 Stories | Condo-Mid 5-8 Stories | verified with appraisal |
| 1670281 | XX | XX | QM Status |  | Exempt | verified |
| 1670281 | XX | XX | Qualifying DTI | 40.15900 | 0.40159 | same |
| 1643801 | XX | XX | Note Date | XX | XX | verified |
| 1643801 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643801 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YR PPP | BPACC30Y5YPP | Same |
| 1643801 | XX | XX | Property City | XX | XX | verified |
| 1643801 | XX | XX | QM Status |  | Exempt | verified |
| 1668570 | XX | XX | DSCR | 0.940 |  | Not A DSCR loan |
| 1668570 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1668570 | XX | XX | Note Date | XX | XX | verified |
| 1668570 | XX | XX | PITI | 2340.10 | 2245.10 | Verified PITI only |
| 1668570 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1668570 | XX | XX | Product Code | BPACCINC 30 YR FIXED 5 YEAR PPP STEP DN | BPACCINC30Y5YPPSD | Same |
| 1668570 | XX | XX | QM Status |  | Exempt | verified |
| 1668570 | XX | XX | Qualifying DTI | 22.20000 | 0.41513 | Audited data of 56.875% DTI is verified per the UW income calculation. Total debt $4,440.22 / Total qualifying Income $7,806.96. |
| 1668706 | XX | XX | Qualifying Credit Score | 780 | 746 | verified |
| 1668706 | XX | XX | Note Date | XX | XX | verified |
| 1668706 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1668706 | XX | XX | Product Code | BPACC 30 YR FIXED 2 YR PPP STEP DN | BPACC30YF2YPPSD | Same |
| 1668706 | XX | XX | QM Status |  | Exempt | verified |
| 1643377 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643377 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643377 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643377 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643377 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 1643377 | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 1643377 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643378 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643378 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643378 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643378 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643378 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 1643378 | XX | XX | Property Zip | XX | XX | Verified w/ note |
| 1643378 | XX | XX | QM Status |  | Exempt | Business Purpose Product |
| 1643681 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1643681 | XX | XX | Note Date | XX | XX | verified |
| 1643681 | XX | XX | PITI | 6569.90 | 6361.90 | Verified PITI only |
| 1643681 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1643681 | XX | XX | QM Status |  | Exempt | verified |
| 1643681 | XX | XX | Qualifying DTI | 49.53800 | 0.49538 | Same |
| 1643681 | XX | XX | Self-Employment Flag | N | Y | Verified with CPA letter |
| 1643684 | XX | XX | Note Date | XX | XX | verified |
| 1643684 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643684 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1643684 | XX | XX | QM Status |  | Exempt | verified |
| 1643795 | XX | XX | Note Date | XX | XX | verified |
| 1643795 | XX | XX | Product Code | BPACC 30 YR FIXED NO PPP | BPACC30Y | Same |
| 1643795 | XX | XX | QM Status |  | Exempt | verified |
| 1643813 | XX | XX | Doc Type | Debt Service Coverage | DSCR+Asset Depletion | Verified with lock |
| 1643813 | XX | XX | Note Date | XX | XX | verified |
| 1643813 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643813 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | Same |
| 1643813 | XX | XX | QM Status |  | Exempt | verified |
| 1643095 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1643095 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1643095 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643095 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643095 | XX | XX | Product Code | BPACC 30 YR FIXED 5 YEAR PPP STEP DN | BPACC30Y5YPPSD | same |
| 1643095 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670454 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1670454 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1670454 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1670454 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1670454 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670455 | XX | XX | First Payment Date | XX | XX | Verified w/ note |
| 1670455 | XX | XX | Maturity Date | XX | XX | Verified w/ note |
| 1670455 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1670455 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1670455 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670284 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1670284 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1670284 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1668789 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with loan approval |
| 1668789 | XX | XX | Note Date | XX | XX | verified |
| 1668789 | XX | XX | PITI | 5394.40 | 4759.40 | Less HOA |
| 1668789 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | Same |
| 1668789 | XX | XX | QM Status |  | Exempt | verified |
| 1668789 | XX | XX | Qualifying DTI | 48.10400 | 0.49377 | Verified with total debt $5924.41/Total income $11998.27 |
| 1643691 | XX | XX | Note Date | XX | XX | verified |
| 1643691 | XX | XX | PITI | 2413.83 | 2293.83 | PITI of $2413.83 includes HOA dues |
| 1643691 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1643691 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1643695 | XX | XX | DSCR | 1.020 | 1.390 | Audited DSCR score based on rent of $1800/mo. per appraisal |
| 1643695 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1643695 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1643695 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670528 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Same |
| 1670528 | XX | XX | Note Date | XX | XX | verified |
| 1670528 | XX | XX | QM Status |  | Exempt | verified |
| 1670528 | XX | XX | Qualifying DTI | 40.88400 | 0.40884 | Same |
| 1670287 | XX | XX | Note Date | XX | XX | Verified w/ note |
| 1670287 | XX | XX | Prepayment Penalty Type |  | Hard | Verified w/ note |
| 1670287 | XX | XX | Product Code | BPACC 30 YR FIXED 3 YEAR PPP STEP DN | BPACC30YF3YPPSD | Same |
| 1670287 | XX | XX | QM Status |  | Exempt | Organizational Exemption |
| 1670176 | XX | XX | Note Date | XX | XX | verified |
| 1670176 | XX | XX | PITI | 5154.66 | 4759.66 | $395 HOA fee not included |
| 1670176 | XX | XX | Property Type | Non-Warrantable Condo | Condo-Lo 1-4 Stories | Non-warrantable and Condo-Lo 1-4 stories |
| 1670176 | XX | XX | QM Status |  | Exempt | verified |
| 1670537 | XX | XX | DSCR | 1.040 | 1.140 | Verified with market rent and PITI |
| 1670537 | XX | XX | Note Date | XX | XX | verified |
| 1670537 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1670537 | XX | XX | QM Status |  | Exempt | verified |
| 1670299 | XX | XX | Note Date | XX | XX | verified |
| 1670299 | XX | XX | Prepayment Penalty Type |  | Hard | verified |
| 1670299 | XX | XX | QM Status |  | Exempt | verified |
| 1670024 | XX | XX | Doc Type | Alternative Doc | Bank Statement | Verified with approval. |
| 1670024 | XX | XX | Note Date | XX | XX | verified |
| 1670024 | XX | XX | Product Code | CACT 30 YR FIXED | CACT30YF | same |
| 1670024 | XX | XX | QM Status |  | Exempt | verified |
| 1670024 | XX | XX | Qualifying DTI | 6.82700 | 0.06827 | same |

---

## Exhibit 99.3

**Exhibit 99.3 Schedule 5**

---

| |
|:---|
| ![](ex99-3sch5_001.jpg) |
| **Exception Detail** |
| **Run Date - 12/01/2025 3:06:44 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| 1639788 | XX | XX | 7140911 | 357 | 05/19/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - Cash Back Exceeds Limit |  | Loan approved and locked as a rate/term refinance. Guidelines reflect cash back in an amount not to exceed the lesser of 2% or the new loan amount or $10,000. Borrowers paid off debts of $XX and received an additional $6,358.26 at closing. | Acceptable per guideline. Debt Consolidation is permitted only for primary and second homes. Loan amount $xx x2 = $1xx. |  | Client 05/21/2025 09:01 AM; Please see guideline attached that permits payoff of debts & not considered cash/out transaction. Thank you. <br>Reviewer 05/21/2025 10:43 AM; Condition has been reviewed. Thx<br>| 05/21/2025 |  | A | 1 | 04/XX/2025 | AZ | 1 | 13 D A | A | A |  | Exempt | 1 |
| 1639788 | XX | XX | 7140920 | 851 | 05/19/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Provide exception for loan closing as a rate/term refinance but is actually a cash-out refinance. | Acceptable per guideline. Debt Consolidation is permitted only for primary and second homes. |  | Client 05/21/2025 09:03 AM; Please see guideline attached that permits debts to be paid off. Thank you. <br>Reviewer 05/21/2025 10:43 AM; Condition has been reviewed. Thx<br>| 05/21/2025 |  | A | 1 | 04/XX/2025 | AZ | 1 | 13 D A | A | A |  | Exempt | 1 |
| 1639788 | XX | XX | 7140925 | 378 | 05/19/2025 | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | Provide updated loan application reflecting co-borrower as 50% owner of business utilized for bank statement income. CPA letter provided reflected co-borrower as 50% owner. | Revised 1003 provided |  | Client 05/21/2025 09:04 AM; Please see updated 1003. Thank you. <br>Reviewer 05/21/2025 10:43 AM; Condition has been reviewed. Thx<br>| 05/21/2025 |  | A | 1 | 04/XX/2025 | AZ | 1 | 13 D A | A | A |  | Exempt | 1 |
| 1639788 | XX | XX | 7140926 | 1014 | 05/19/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet self employed |  | Provide bank statement analysis worksheet for all borrowers. | Income calculation worksheet provided. |  | Client 05/21/2025 09:18 AM; Please find income calc worksheet. Thank you. <br>Reviewer 05/21/2025 10:43 AM; Condition has been reviewed. Thx<br>| 05/21/2025 |  | A | 1 | 04/XX/2025 | AZ | 1 | 13 D A | A | A |  | Exempt | 1 |
| 1639788 | XX | XX | 7140928 | 336 | 05/19/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Guidelines require CPA to be independently verified. Provide evidence the CPA was verified. | CPA Verification provided |  | Client 05/21/2025 09:26 AM; Please see attached tax preparer confirmation. Thank you. <br>Reviewer 05/21/2025 10:44 AM; Condition has been reviewed. Thx<br>| 05/21/2025 |  | A | 1 | 04/XX/2025 | AZ | 1 | 13 D A | A | A |  | Exempt | 1 |
| 1641942 | XX | XX | 7143714 | 330 | 06/12/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Please provide signed and dated final HUD-1 settlement statement. The HUD-1 in the file is signed but not dated | LOE from Title provided |  | Client 07/03/2025 11:58 AM; Please see attached confirmation from Title that states the FSS is not required to be executed by Borrower<br>Reviewer 07/03/2025 12:50 PM; Condition has been reviewed. Thx<br>| 07/03/2025 |  | A | 1 | 05/XX/2025 | CA | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 1641947 | XX | XX | 7143715 | 1068 | 06/12/2025 | Credit | UW Other |  | UW Other - Fraud Alert was not addressed |  | Fraud report required on all loan files. | Received clear fraud report |  |  | 06/15/2025 |  | A | 1 | 05/XX/2025 | AL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1641947 | XX | XX | 7143720 | 374 | 06/12/2025 | Credit | UW Other |  | UW Other - UW - Evidence of legal residency |  | XX states perm resident on 1003. Provide documentation to support declaration. | XXXX shows US Citizen |  | Client 06/16/2025 09:48 AM; Green card was provided 06/xx/25<br>Reviewer 06/16/2025 10:22 AM; EAD card was provided for xxThe documentation for co-borrower xx was not provided.<br>Reviewer 06/16/2025 10:22 AM; EAD card was provided for xx The documentation for co-borrower xx was not provided.<br>Client 06/30/2025 09:29 AM; XXXX shows US Citizen; <br>Reviewer 06/30/2025 10:00 AM; Condition has been reviewed. Thx<br>| 06/30/2025 |  | A | 1 | 05/XX/2025 | AL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1642211 | XX | XX | 7143973 | 998 | 06/16/2025 | Credit | UW Other |  | UW Other - UW - Title Commitment is missing or requires correction. |  | The loan amount on the Title Commitment of $XX is less than the Note amount of $XX. Provide final title policy reflecting the correct loan amount of $XX. | received revised title |  |  | 06/27/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 1642385 | XX | XX | 7143852 | 72 | 06/13/2025 | Credit | Closing Package |  | Closing Package - |  | the Final Settlement Statement is missing from file. | Information provided |  |  | 06/26/2025 |  | A | 1 | 06/XX/2025 | CA | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1642585 | XX | XX | 7144466 | 1013 | 06/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Missing the income calculation worksheet for the business bank statement income analysis. | Income worksheet provided |  | Client 07/07/2025 02:59 PM; Please find income calc worksheet. Thank you. <br>Reviewer 07/07/2025 04:03 PM; Condition has been reviewed. Thx<br>| 07/07/2025 |  | A | 1 | 06/XX/2025 | CT | 1 | 3 C B | C | A |  | Exempt | 1 |
| 1642585 | XX | XX | 7144467 | 423 | 06/24/2025 | Credit | UW Collateral |  | UW Collateral - UW - Appraisal Correction/Clarification |  | The subject property closed with a Planned Unit Development (PUD) Rider; however, the appraisal report does not identify the property as being located within a PUD, and does not disclose the HOA dues on page 1 of the report. | Corrected appraisal reflecting subject as a PUD provided. |  | Client 07/18/2025 10:02 AM; Please see corrected appraisal reflecting subject as a PUD. Thank you. <br>Reviewer 07/18/2025 11:00 AM; Condition has been reviewed. Thx<br>| 07/18/2025 |  | A | 1 | 06/XX/2025 | CT | 1 | 3 C B | C | A |  | Exempt | 1 |
| 1642585 | XX | XX | 7144468 | 336 | 06/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | The loan closed using qualifying income from two business bank accounts, including credit card deposits from sales transferred into one account from the borrower's other business. Per guidelines, co-mingling of multiple accounts to satisfy a full 12-month income history is not permitted. |  | Compensating Factors: Qualifying FICO of 758 where the minimum matrix tier 640. LTV 37.79% where the max LTV for the program is 85%. Residual Income of $18,000. Excellent mortgage payment history dating back to 2002. |  |  |  | 06/24/2025 B | 2 | 06/XX/2025 | CT | 1 | 3 C B | C | A |  | Exempt | 1 |
| 1642585 | XX | XX | 7144470 | 336 | 06/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | The loan application for Borrower 1 (B1) must be corrected to reflect a monthly income of $16,006.65. The current application incorrectly lists $32,013.29 for B1 and $16,006.65 for Borrower 2 (B2), totaling $48,019.94, while total qualifying income should be $32,013.29. Both borrowers are joint owners with combined ownership percentage of 100%. | No income used for the co-borrower per the 1003 |  | Client 07/07/2025 03:01 PM; Please find correct income reflected on 1003's for Borrower #1 & Borrower #2. Thank you!<br>Reviewer 07/07/2025 04:02 PM; Borrower's 1003 provided in TDOCs reflects the borrower's income of $32,013.29. Business Narrative Form reflects 2 owners. Provide corrected 1003s for each borrower's income of $16,006.65. Thx<br>Reviewer 07/07/2025 05:10 PM; Provide the 1008 and 1003 reflecting income of $16,006.50 for each borrower.<br>Client 07/07/2025 06:37 PM; My apologies XXXX. Please find the Borr & Co-Borr 1003's. Thank you. <br>Client 07/07/2025 06:39 PM; My apologies again XXXX Team. Please find the 1008 uploaded for your review. Thanks so much! <br>Reviewer 07/07/2025 09:12 PM; Condition has been reviewed. Thx<br>Reviewer 07/07/2025 09:12 PM; Condition has been reviewed. Thx<br>| 07/07/2025 |  | A | 1 | 06/XX/2025 | CT | 1 | 3 C B | C | A |  | Exempt | 1 |
| 1642585 | XX | XX | 7144462 | 899 | 06/24/2025 | Compliance | Compliance |  | Compliance - Finance Charge is Understated by more than $100 |  | Finance charge understated $149.86. Please provide evidence of refund along with LOX to borrower and PCCD reflecting refund. | Information provided |  | Client 06/26/2025 04:46 AM; Lender Credit of $151 is provided in final CD<br>Reviewer 06/26/2025 04:52 AM; <br>Reviewer 06/26/2025 11:10 AM; Hello, <br> The $151 is a Cure not a credit for the 10% tolerance violation for the increase in recording fee. Not for the finance charge fail. Refund is required. <br> Thanks,<br>Client 06/27/2025 01:19 AM; Please advise which fees are over-disclosed in final CD <br>Reviewer 06/27/2025 04:20 AM; <br>Reviewer 06/27/2025 10:22 AM; Escalation has been assigned for Further Review<br>Reviewer 06/27/2025 10:25 AM; Hello <br> Without a copy of the lenders compliance test I'm unable to determine which fee is causing the violation. Please provide the lenders compliance testing for further review. <br>Thanks<br>Reviewer 06/30/2025 08:57 AM; Escalated for review<br>Reviewer 06/30/2025 12:34 PM; Finance charge understated $149.86 (due to the appraisal review fee paid to lender not being included as a APR/PFC fee. Please provide evidence of refund along with LOX to borrower and PCCD reflecting refund.<br>Client 07/07/2025 06:29 AM; Appraisal review fees of $150 is already included in the Section as and same amount is mentioned in Compliance testing <br>Reviewer 07/07/2025 07:11 AM; <br>Reviewer 07/07/2025 11:11 AM; Hello <br> Please clarify what you mean by "already included in the section as". Also please upload the lenders test (the test uploaded 6/30 only reflects QM results). <br>Thanks<br>Client 07/07/2025 10:38 PM; Lender Test has been uploaded and $150 has been added in Final CD in Section A as Appraisal review fee<br>Reviewer 07/08/2025 07:09 AM; <br>Reviewer 07/08/2025 10:07 AM; Compliance report will not clear deficiency. Refund is required<br>Reviewer 07/08/2025 10:23 AM; Hello <br> The lenders test uploaded does not include the TILA results, there is nothing on the tests uploaded that references the finance charge used for testing or what fees were included. Also please clarify what you mean by " $150 has been added in Final CD in Section A as Appraisal review fee". Not sure what you are trying to explain, I would agree that the fee is in section A and this is what is causing the understated finance charge violation. <br>Thanks<br>Reviewer 07/17/2025 11:04 AM; Appraisal review fee needs to be moved to Section B as it is not paid to the Lender. It is paid to a 3rd party. Please provide a PCCD with corrections<br>Reviewer 07/18/2025 11:44 AM; Corrected PCCD has not been provided<br>| 07/21/2025 |  | A | 1 | 06/XX/2025 | CT | 1 | 3 C B | C | A |  | Exempt | 1 |
| 1642675 | XX | XX | 7144623 | 851 | 06/26/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Loan was approved as a 12 months business bank statement loan, however only personal bank statements were provided. Provide updated loan approval to reflect 12 months personal bank statements or 12 months of business bank statements. | Loan approval will show business bank statement for all statements used to quality, personal or business |  | Client 06/30/2025 10:45 AM; Our loan approval will show business bank statement for all statements used to qualiy; personal or business<br>Reviewer 06/30/2025 11:14 AM; Condition has been reviewed Thx<br>| 06/30/2025 |  | A | 1 | 06/XX/2025 | FL | 1 | 1 C A | A | A |  | Exempt | 1 |
| 1642684 | XX | XX | 7144368 | 862 | 06/23/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Please provide updated deed with the city corrected to XX. Please provide LOI to re-record. | Information provided |  | Reviewer 09/02/2025 09:43 AM; No documentation provided<br>Reviewer 09/29/2025 09:45 AM; Please initial corrections and provide a LOI to rerecord<br>| 10/02/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1642684 | XX | XX | 7144369 | 861 | 06/23/2025 | Credit | Note |  | Note - Other: |  | Please provide updated note with the city corrected to XX. | Information provided |  |  | 09/02/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1642853 | XX | XX | 7144759 | 336 | 06/27/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | The loan was locked and approved under a 12-month business bank statement program; however, only personal bank statements were provided. Approval must be updated to reflect 12 months of personal bank statements, or 12 months of business bank statements must be provided. | Approval changed to 12 months personal bank statements. |  |  | 07/31/2025 |  | A | 1 | 06/XX/2025 | NJ | 1 | 1 D A | A | A |  | Exempt | 1 |
| 1642853 | XX | XX | 7144760 | 1013 | 06/27/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | The income analysis worksheet was not provided. Provide the worksheet detailing the breakdown of the bank statement income analysis. | Received bank statement income analysis worksheet |  |  | 07/31/2025 |  | A | 1 | 06/XX/2025 | NJ | 1 | 1 D A | A | A |  | Exempt | 1 |
| 1642853 | XX | XX | 7144761 | 378 | 06/27/2025 | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | Employment information for co-borrower XX is incomplete on the loan application, though qualifying income was used. CPA letter confirms co-borrower as the 100% business owner. Provide updated loan application to reflect current employment and income details. | received revised 1003 |  |  | 07/31/2025 |  | A | 1 | 06/XX/2025 | NJ | 1 | 1 D A | A | A |  | Exempt | 1 |
| 1643087 | XX | XX | 7144848 | 272 | 06/30/2025 | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Guidelines require a CDA for all loan amounts under $XX and permits the use of a Field Review to dispute a low CDA value if it is between 10% to 20%. A CDA was not provided. | Field review provided |  |  | 07/02/2025 |  | B | 2 | 06/XX/2025 | NJ | 3 | 3 C B A | N/A | N/A C B |  | Exempt | 1 |
| 1643322 | XX | XX | 7146324 | 862 | 07/03/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Exhibit A is missing. The Exhibit A in file is blank. Please provide along with LOI to re-record. | Information provided |  |  | 07/07/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643339 | XX | XX | 7146349 | 72 | 07/03/2025 | Credit | Closing Package |  | Closing Package - |  | Please provide the Lender's Approval. | Documents provided |  |  | 07/09/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 1643339 | XX | XX | 7146411 | 1006 | 07/07/2025 | Credit | UW Approval |  | UW Approval - UW Approval - 1008 or 92900 LT missing |  | Missing 1008. | received 1008 |  |  | 07/09/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 1643339 | XX | XX | 7146412 | 434 | 07/07/2025 | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | Funds to close were $-4,301.87 and guidelines require 2 months subject property reserves of $5,354.84, leaving a shortage of $1,052.97. | Received company bank statement with balance of $176,817 |  |  | 07/09/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 3 D A | N/A | N/A |  | Exempt | 1 |
| 1643342 | XX | XX | 7146048 | 851 | 07/03/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Exception required for a transferred appraisal without an AMC. |  | Compensating Factors: DSCR greater than 1.15% (2.36%); Reserves minimum of 6 months or greater from borrower own funds (124 months). |  |  |  | 07/03/2025 B | 2 | 06/XX/2025 | NY | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1643377 | XX | XX | 7145928 | 389 | 07/02/2025 | Credit | UW Credit |  | UW Credit - UW - Fraud Alert documentation |  | Missing fraud report with all high and medium alerts cleared. The fraud report provided does not reflect all alerts as cleared. | Received cleared alerts summary |  |  | 07/07/2025 |  | A | 1 | 06/XX/2025 | NJ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643691 | XX | XX | 7146447 | 851 | 07/07/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Approved exception required by XX for Borrower, XX, who lives rent free with Brother/Co-Borrower XX. | The final 1008 contains the underwriters' commentary per guidelines underwriters' discretion if a rent free LOE is required |  | Client 07/17/2025 02:04 PM; Please see final 1008 with underwriters' commentary per guidelines underwriters' discretion if a rent free loe is required. Thanks so much. <br>Reviewer 07/17/2025 03:33 PM; Condition has been reviewed. Thx<br>| 07/17/2025 |  | A | 1 | 06/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643691 | XX | XX | 7146448 | 330 | 07/07/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Provide copy of lock agreement | Lock agreement provided |  | Client 07/17/2025 02:03 PM; Lock agreement for your review. Thanks so much. <br>Reviewer 07/17/2025 03:33 PM; Condition has been reviewed. Thx<br>| 07/17/2025 |  | A | 1 | 06/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643691 | XX | XX | 7146449 | 330 | 07/07/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Provide signed letter of explanation from XX regarding address XX reporting on credit report as recent as 3/2025. | This is address for other LLC which has been disclosed and documented |  |  | 07/08/2025 |  | A | 1 | 06/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643691 | XX | XX | 7146361 | 72 | 07/04/2025 | Credit | Closing Package |  | Closing Package - |  | First Payment Letter Total Payment does not equal Calculated Total Payment. | Information provided |  | Reviewer 07/17/2025 03:10 PM; Corrected FPL has not been provided<br>Client 07/24/2025 09:04 AM; Can you clarify what you are comparing the First Payment Letter to determine the total calculated amount? -- Our system rounds amount up - if you can provide the details how you are determining that the amount is incorrect. After speaking with Closing Mngmt they said the FPL is correct. <br>Reviewer 07/24/2025 10:01 AM; <br>Reviewer 07/24/2025 02:05 PM; Hello <br> The monthly tax payment on the first payment letter does not match the settlement statement. If the settlement statement is incorrect, a corrected one will be needed. <br>Thanks<br>Client 07/29/2025 01:47 PM; The FPL is correct. If you notice that on the Settlement Statement it shows the taxes as 322.09 per month + OTHER Tax Expenses of $10.83 = $332.92. <br>Reviewer 07/29/2025 02:10 PM; <br>Reviewer 07/30/2025 11:06 AM; Hello, <br> Deficiency has been cleared. <br> Thanks<br>| 07/30/2025 |  | A | 1 | 06/XX/2025 | FL | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643695 | XX | XX | 7146462 | 330 | 07/07/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Provide copy of Lock Agreement | xx Lock provided |  | Client 07/29/2025 01:05 PM; Please find lock for your review. Thank you. <br>Reviewer 07/29/2025 01:26 PM; Condition has been reviewed. Thx<br>| 07/29/2025 |  | A | 1 | 06/XX/2025 | AZ | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1643363 | XX | XX | 7148877 | 1055 | 07/23/2025 | Credit | Missing Images |  | Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation |  | The co-borrower's credit report and bank statements from Dec 2024-Jan 2025 for XX are missing from the loan file. The credit review is on hold until documents are received. | Documents received |  |  | 07/24/2025 |  | A | 1 | 06/XX/2025 | GA | 1 | 1 C A | A | A |  | Exempt | 1 |
| 1643363 | XX | XX | 7149070 | 1013 | 07/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income calculation worksheet required |  | Provide bank statement analysis worksheets for all accounts utilized. | Received Bank statement income worksheets |  |  | 07/29/2025 |  | A | 1 | 06/XX/2025 | GA | 1 | 1 C A | A | A |  | Exempt | 1 |
| 1643363 | XX | XX | 7149072 | 335 | 07/24/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Calculation Incorrect |  | Bank statement income was based on 12 months but only 11 months were provided. Bank statements from Dec 2024-Jan 2025 for XX are missing from the loan file. | Received bank statement Dec 2024-Jan 2025 for xx7852 |  |  | 07/29/2025 |  | A | 1 | 06/XX/2025 | GA | 1 | 1 C A | A | A |  | Exempt | 1 |
| 1643801 | XX | XX | 7147078 | 851 | 07/11/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Exception for Borrower 1 living rent free. |  | Exception granted for borrower 1 no primary housing living rent free. Compensating Factors: FICO 40+ points (766) over minimum required score for the LTV requested, LTV more than 10% below maximum allowed LTV 51.28%, 90.35 months reserves. |  |  |  | 07/11/2025 B | 2 | 06/XX/2025 | FL | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1668564 | XX | XX | 7147113 | 328 | 07/13/2025 | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | Per guidelines a 0x60 mortgage late payment history for the most recent 12 months is required. Evidence in file reflected the current subject property first mortgage has been in default since December XX, 2024. |  | Received exception approval. Compensating Factors - Score 774, 75% LTV, DSCR 1.29%, 27 months reserves |  |  |  | 07/29/2025 B | 2 | 07/XX/2025 | UT | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1668564 | XX | XX | 7146860 | 868 | 07/10/2025 | Credit | Hazard Insurance |  | Hazard Insurance - Other: |  | Please provide updated hazard insurance with a policy number. | Information provided |  |  | 07/15/2025 |  | A | 1 | 07/XX/2025 | UT | 3 | 3 C B | N/A | N/A |  | Exempt | 1 |
| 1668568 | XX | XX | 7147098 | 445 | 07/12/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Other income documentation missing/incomplete |  | Missing evidence of two (2) most recent consecutive months of rent received for the subject property as required per guidelines if the current active lease is higher than the market rent. | Per XX guidelines as long as the Appraisal confirms the subject is currently "tenant" occupied & the 1007 confirms the mthly rent amount nothing else further is required. |  | Client 07/29/2025 03:50 PM; Good afternoon XXXX. Please note per XXXX guidelines as long as the Appraisal confirms the subject is currently "tenant" occupied & the 1007 confirms the mthly rent amount nothing else further is required. Thanks so much! <br>Reviewer 07/29/2025 04:16 PM; Condition has been reviewed. Thx<br>| 07/29/2025 |  | A | 1 | 07/XX/2025 | FL | 3 | 13 D A | N/A | N/A |  | Exempt | 1 |
| 1668570 | XX | XX | 7147895 | 351 | 07/16/2025 | Credit | UW Qualifications |  | UW Qualifications - UW - DTI exceeds maximum limit |  | Audited data of 56.875% DTI is verified per the UW income calculation. Total debt $4,440.22 / Total qualifying Income $7,806.96. | Documentation provided |  | Reviewer 09/17/2025 10:12 PM; Per Bank Statement Income Calculator provided by lender no expense ratio was used to calculate income. Minimum expense ratio permitted is 10%.<br>Reviewer 09/26/2025 09:31 PM; Updated bank statement Income calculator provided is not readable. Provide income calculation showing all deposits, with expense ratio used to calculate income<br>| 09/29/2025 |  | A | 1 | 07/XX/2025 | GA | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1668570 | XX | XX | 7147896 | 335 | 07/16/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Calculation Incorrect |  | Borrower's income calculation contained an unsourced deposit of $100,000.00 in May 2025 that should be excluded from the income calculation. | Documentation provided |  | Reviewer 09/16/2025 11:56 AM; Deficiency will be reviewed at time of receipt of Bank statement income worksheet<br>| 09/29/2025 |  | A | 1 | 07/XX/2025 | GA | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1668570 | XX | XX | 7147898 | 318 | 07/16/2025 | Credit | UW Assets |  | UW Assets - UW - Source of Large Deposit |  | Provide source of large deposit in the amount of $100,000.00 in May 2025. | 1003 & 1008 provided. |  | Client 09/15/2025 03:55 PM; $100K deposit is not being used for income or assets, should not need to be sourced. <br>Reviewer 09/16/2025 08:31 AM; Please provide bank statement income work sheet. Thx<br>Reviewer 09/16/2025 12:04 PM; xx business account #xx reflected a balance of $110,593. LOE received states the $100,000 deposit on May xx, 2025 is deleted from assets which leaves a balance of $10,593. Provide revised 1008 and 1003 with lower asset balance of $10,593.<br>| 09/29/2025 |  | A | 1 | 07/XX/2025 | GA | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1668699 | XX | XX | 7146950 | 862 | 07/10/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Exhibit A is missing from file. The Exhibit A in file is blank. Please provide, along with LOI to re-record. | Information provided |  |  | 08/22/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 13 D A | N/A | N/A C |  | Exempt | 1 |
| 1668699 | XX | XX | 7147144 | 1108 | 07/14/2025 | Valuation | UW Collateral TPR |  | UW Collateral TPR - UW - Second collateral evaluation is required. |  | Provide secondary valuation as CU score was not determined. | Received SSR=1 |  | Reviewer 07/29/2025 12:19 PM; the document received reflects address as xx and the subject property is xx<br>| 08/05/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 13 D A | N/A | N/A C |  | Exempt | 1 |
| 1668699 | XX | XX | 7147347 | 378 | 07/15/2025 | Credit | UW Other |  | UW Other - UW - Initial/Final 1003 incomplete/missing |  | The loan application indicates the borrower is a U.S. citizen; however, the loan file includes a Permanent Resident Card. The loan application should be updated to accurately reflect the borrower's citizenship status. | Received revised 1003 |  |  | 07/30/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 13 D A | N/A | N/A C |  | Exempt | 1 |
| 1668700 | XX | XX | 7147186 | 328 | 07/14/2025 | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | Per guidelines a VOM must be obtained for the subject property covering the most recent 12-months with a satisfactory payment history (no more than 1x30x12). The loan file is missing they payment history for the subject property first mortgage lien being paid off at closing as reflected on the final settlement statement line 1502. | xx guidelines page #36 of permits "living rent free" @ underwriters' discretion. |  | Client 08/04/2025 10:55 AM; Please note page #36 of xx guidelines permits "XXXX" @ underwriters' discretion. Thank you. <br>Reviewer 08/04/2025 11:16 AM; Condition has been reviewed. Thx<br>| 08/04/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 1668700 | XX | XX | 7146952 | 862 | 07/10/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Exhibit A is missing. The Exhibit in file is blank. Please provide, along with LOI to re-record. | Information provided |  |  | 07/22/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 3 C A | N/A | N/A |  | Exempt | 1 |
| 1668706 | XX | XX | 7146926 | 862 | 07/10/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Exhibit A is missing. The Exhibit A in file is blank. Please provide along with LOI to re-record. | Information provided |  |  | 08/01/2025 |  | A | 1 | 07/XX/2025 | MO | 3 | 13 C A | N/A | N/A |  | Exempt | 1 |
| 1668789 | XX | XX | 7147032 | 899 | 07/11/2025 | Compliance | Compliance |  | Compliance - Finance Charge is Understated by more than $100 |  | Finance charge is understated by $150.32. Please provide proof of refund, LOX to borrower and a PCCD reflecting cure. | Documents provided |  | Client 07/21/2025 02:50 PM; I uploaded our High Cost Mavent which shows passed. If you have different figures vs our Report. Please share if you cannot clear. Thank you!<br>Reviewer 07/21/2025 04:18 PM; <br>Reviewer 07/22/2025 09:21 AM; Report provided has already provided and will not clear deficiency. Refund required<br>Reviewer 07/22/2025 02:26 PM; Hello <br> This loan is failing finance charge, not high cost. The test uploaded only shows high-cost test. <br>Thanks<br>Client 07/23/2025 06:25 PM; Hi. Can you please provide your finance charge breakdown?<br>Reviewer 07/24/2025 04:15 AM; <br>Reviewer 07/24/2025 12:32 PM; Hello <br> Test has been uploaded for your review. Its the appraisal review fee paid to xx that is causing the violation. <br>Thanks <br>Thanks<br>Client 07/29/2025 06:51 PM; I uploaded the PCCD with a $60.00 refund. I also uploaded the appraisal fee invoice. We matched the invoice to $90.00 on the PCCD, changed the payee name, and refunded the borrower $60.00.<br>Reviewer 07/29/2025 07:03 PM; <br>Reviewer 07/30/2025 02:57 PM; Hello <br> Deficiency has been cleared. <br> Thanks<br>| 07/30/2025 |  | A | 1 | 07/XX/2025 | CA | 1 | 1 C B | C | A |  | Exempt | 1 |
| 1668789 | XX | XX | 7147797 | 851 | 07/15/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Borrower living rent free with someone other than spouse. |  | Exception approval received/ Comp Factors - Prior home ownership from 1997-2024 with mortgage history (2) Borrower's credit score is at least 40 points > min 680 (3) Borrower has been self employed in the same position and industry > 5 years (4) Residual income > $3000 (5) Reserves of at least 7 months; 4 months > min 3 |  |  |  | 07/17/2025 B | 2 | 07/XX/2025 | CA | 1 | 1 C B | C | A |  | Exempt | 1 |
| 1668789 | XX | XX | 7147798 | 330 | 07/15/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Verification XX #XX $15234 paid in full missing from file. | Paid down to less than 10 payments |  | Client 07/23/2025 04:57 PM; Not fully paid in full, dropped balance to less than $7500 - 10 months of payments or less remaining. xx backup with balance/due date uploaded. <br>Reviewer 07/24/2025 04:28 AM; Condition has been reviewed. Thx<br>| 07/24/2025 |  | A | 1 | 07/XX/2025 | CA | 1 | 1 C B | C | A |  | Exempt | 1 |
| 1668789 | XX | XX | 7147799 | 336 | 07/15/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Income calculation/bank statement analysis missing from file | Received income worksheet |  |  | 07/17/2025 |  | A | 1 | 07/XX/2025 | CA | 1 | 1 C B | C | A |  | Exempt | 1 |
| 1669162 | XX | XX | 7147854 | 862 | 07/15/2025 | Credit | Deed of Trust/Mortgage |  | Deed of Trust/Mortgage - Other: |  | Exhibit A is missing. The Exhibit A in file is blank. Please provide, along with LOI to re-record. | Information provided |  |  | 07/23/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1670024 | XX | XX | 7149393 | 336 | 07/28/2025 | Credit | UW Income/Employment |  | UW Income/Employment - UW - Income Other |  | Missing Business Bank Statement income worksheet. | Received bank statement income worksheet |  |  | 08/05/2025 |  | A | 1 | 07/XX/2025 | HI | 1 | 1 C A | A | A |  | Exempt | 1 |
| 1670176 | XX | XX | 7149620 | 418 | 07/30/2025 | Credit | UW Collateral |  | UW Collateral - UW - Client Condo Warranty Requirements |  | 40% of the total units in the project or subjects phase must be sold or conveyed to unit owners and at least 40% of the units must be owner occupied. |  | Comp Factors: FICO 789 vs Min 640. LTV 75% vs Max 85%. DSCR exceeds 1.15% | Reviewer 07/30/2025 11:03 AM; 21.05% vs 40% of the total units in a project or subjects' phase must be sold or conveyed to unit owners.<br>|  |  | 07/30/2025 B | 2 | 07/XX/2025 | NJ | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670277 | XX | XX | 7149725 | 326 | 07/31/2025 | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | Missing evidence the following liens on title were satisfied and released at or prior to closing 1.Lien with Dept of Code Enforcement recorded XXXX in the amount of $$958.10 and 2. Judgement with the XX6 recorded 7/XX/21 in the amount of $20,000. | Title supplement removing (3) items from title provided. |  | Client 08/28/2025 05:11 PM; Please find title supplement removing (3) items from title. Along with the Prelim Title Report. Thank you.<br>Reviewer 08/28/2025 07:49 PM; Condition has been reviewed. Thx<br>| 08/28/2025 |  | A | 1 | 07/XX/2025 | CA | 1 | 13 C B | A | A |  | Exempt | 1 |
| 1670277 | XX | XX | 7272836 | 330 | 11/26/2025 | Credit | UW Credit |  | UW Credit - UW - Credit Other |  | Borrower occupying subject property as primary residence when originally purchased 3/XX/2024, which does not meet the occupancy seasoning requirements. |  | Client waived with compensating factors: DTI 8.84% max allowed 50.0%, FICO 720 Minimum allowed 640, LTV 68.47 max allowed 85%, reserves $43,018.61=13.73 months required 3 months |  |  |  | 11/26/2025 B | 2 | 07/XX/2025 | CA | 1 | 13 C B | A | A |  | Exempt | 1 |
| 1670281 | XX | XX | 7149724 | 434 | 07/31/2025 | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | Guidelines require a minimum 3 months reserves. The borrower has over 1 month but less than 3 months. |  | Compensating Factors: FICO (735) 40+ points over the minimum required score for the LTV requested; LTV (75%) 10% below the max allowed (85%). |  |  |  | 07/31/2025 B | 2 | 07/XX/2025 | FL | 1 | 1 C B | A | A |  | Exempt | 1 |
| 1670287 | XX | XX | 7149589 | 851 | 07/30/2025 | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Maximum number of loans is 10 per borrower. Borrower has a total of 18 with aggregate of $5,427,500.00 |  | Compensating Factors: FICO (755) 40+ points over minimum matrix tier (700); Reserves minimum of 6 months or greater from borrower own funds. |  |  |  | 07/30/2025 B | 2 | 07/XX/2025 | NJ | 3 | 1 C B | N/A | N/A |  | Exempt | 1 |
| 1670455 | XX | XX | 7149991 | 320 | 08/03/2025 | Credit | UW Assets |  | UW Assets - UW - Asset Other |  | Missing verification of net proceeds in the amount of $62,520.51 from sale/refinance of other REO property owned to support funds to close and reserves. | Received CD with proceeds of $61,235 |  |  | 08/06/2025 |  | A | 1 | 07/XX/2025 | NJ | 3 | 1 C A | N/A | N/A |  | Exempt | 1 |
| 1670841 | XX | XX | 7151045 | 326 | 08/08/2025 | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | All judgments and liens must be paid in full prior to or at closing. Judgement on fraud required to be paid or proof of release. Borrower advised its Paid but they cannot produce proof. Condition was waived by XXXX with the LOE |  | Other Comp factors: 1. >= 6 months Addt'l Reserves and <= $1.5 M. Approved by XXXX, LOE in the file, and verified assets that could cover if not already have. |  |  |  | 08/08/2025 B | 2 | 06/XX/2025 | NY | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| 1670841 | XX | XX | 7151114 | 434 | 08/09/2025 | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | Guidelines require 2 months reserves to be verified. Utilizing cash-out, only 1.57 months reserves were provided. | Proceeds from simultaneous cash out refi was used for reserves. HUD provided |  | Client 08/12/2025 08:26 AM; proceeds from simultaneous cash out refi was used for reserves <br>Reviewer 08/12/2025 08:59 AM; Condition has been reviewed. Thx<br>| 08/12/2025 |  | A | 1 | 06/XX/2025 | NY | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |

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## Exhibit 99.3

**Exhibit 99.3 Schedule 6**

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| |
|:---|
| ![](ex99-3sch5_001.jpg) |
| **QM ATR Data** |
| **Run Date - 12/01/2025 3:06:44 PM** |

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Loan Level ATR/QM Status** | **Verified Safe Harbor** | **Application Date Prior to 1/10/2014** | **Lender Application Date** | **GSE Eligible** | **CDFI Indicator** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower Foreign National Indicator** | **Borrower Residency Source** | **Co Borrower Foreign National Indicator** | **Co Borrower Residency Source** | **Residual Income to Qualify?** | **ATR/QM Residual Income** |
| 1639788 | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  | 03/10/2025 | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1670519 | XX | XX | Exempt | N/A | No | 03/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670277 | XX | XX | Exempt | N/A | No | 03/XX/2025 | No | Yes |  | 07/18/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1643322 | XX | XX | Exempt | N/A | No | 03/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1641500 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670841 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1641947 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No |  |  |  | 0.00% | Not Required | Not Required | Permanent Resident Alien |  | Permanent Resident Alien |  | No |  |
| 1643091 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No |  |  |  | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1642585 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No | Yes |  | 05/06/2025 | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1641942 | XX | XX | Exempt | N/A | No | 04/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1641525 | XX | XX | Exempt | N/A | No | 01/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1642211 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643087 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1642853 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No | Yes |  | 05/08/2025 | 0.00% | Not Required | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1668777 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No | Yes |  | 05/09/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1642684 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643676 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1642385 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643323 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1668564 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643363 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No | Yes |  | 06/12/2025 | 0.00% | Self-Employed | Self-Employed | US Citizen |  | US Citizen |  | No |  |
| 1643339 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643342 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1668699 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1670949 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1669162 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1668700 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1642675 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No | Yes |  | 05/29/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1668568 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1668702 | XX | XX | Exempt | N/A | No | 05/XX/2025 | No |  |  |  | 0.00% | Not Required |  | Permanent Resident Alien |  |  |  | No |  |
| 1670281 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No | Yes |  | 06/03/2025 | 0.00% | Employed |  | Permanent Resident Alien |  |  |  | No |  |
| 1643801 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1668570 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1668706 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required | Not Required | US Citizen |  | US Citizen |  | No |  |
| 1643377 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643378 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643681 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No | Yes |  | 06/12/2025 | 0.00% | Self-Employed | Employed | US Citizen |  | US Citizen |  | No |  |
| 1643684 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643795 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643813 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1643095 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670454 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670455 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670284 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1668789 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No | Yes |  | 06/13/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1643691 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required | Not Required | Non Permanent Resident Alien | E-2 Visa | Non Permanent Resident Alien | Other | No |  |
| 1643695 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670528 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No | Yes |  | 06/23/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |
| 1670287 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670176 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670537 | XX | XX | Exempt | N/A | No | 06/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670299 | XX | XX | Exempt | N/A | No | 07/XX/2025 | No |  |  |  | 0.00% | Not Required |  | US Citizen |  |  |  | No |  |
| 1670024 | XX | XX | Exempt | N/A | No | 07/XX/2025 | No | Yes |  | 07/10/2025 | 0.00% | Self-Employed |  | US Citizen |  |  |  | No |  |

---

## Exhibit 99.4

**Exhibit 99.4**

![](ex99-4_001.jpg)

**EXECUTIVE SUMMARY**

**NRMLT 2025-NQM7**

**By Clarifii LLC on November 25, 2025**

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 1

![](ex99-4_001.jpg)

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 10 Loans (the "Loans") originated by a correspondent lender and acquired by Rithm Capital, LLC. (the "Clients") for the NRMLT 2025-NQM7 transaction. The Loans referenced in this narrative report were reviewed between 09/2024 to 06/2025 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the Loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;1 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;$900000.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;9 | &nbsp;&nbsp;90.00% | &nbsp;&nbsp;$3409418.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

The Review consisted of a population of 10 Loans, with an aggregate principal balance of $4,309,418.00.

**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.

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 2

![](ex99-4_001.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;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, December 7, 2023 |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 1, 2025 |

---

**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;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Cash Disbursement Date |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close |
| &nbsp;&nbsp;Closing/Settlement Date |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Originator Doc Type |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property State |

---

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 3

![](ex99-4_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying Amortization Term |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Qualifying Total Housing Expense PITIA |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Seller Loan ID |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;Verified Doc Type |

---

**CREDIT UNDERWRITING**

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

&nbsp;&nbsp;&nbsp;&nbsp;· **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)

&nbsp;&nbsp;&nbsp;&nbsp;· **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

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 4

![](ex99-4_001.jpg)

- First time home buyer status

- The application was signed by all borrowers

- The application was substantially complete

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 5

![](ex99-4_001.jpg)

- 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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

&nbsp;&nbsp;&nbsp;&nbsp;· **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

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 6

![](ex99-4_001.jpg)

**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):

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final 1003 Application** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Note** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage/Deed of Trust** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Appraisal** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Sales Contract** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Title Commitment/Policy** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Junior Lien/Subordination Agreement** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Mortgage Insurance** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Underwriting Approval Documentation inclusive, but not limited to documents listed in the Credit Review section** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Flood Certification** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final Loan Estimate (LE)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Initial and Final and Closing Disclosure (CD)** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Post-Consummation Closing Disclosure (PCCD), as applicable** 

**COMPLIANCE REVIEW**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· **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)

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 7

![](ex99-4_001.jpg)

- Notice of Right to Cancel (when applicable)

- Rate Lock Date

- HOEPA Disclosures (when applicable)

- Initial Escrow Account Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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).

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 8

![](ex99-4_001.jpg)

**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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 9

![](ex99-4_001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

- 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.

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- 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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

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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, Clarifii reviewed the Loan to determine whether, based on available information in the Loan file the Loan satisfied (i), (ii) and (iii) in the preceding paragraph and reviewed the Automated Underwriting System output within the file to confirm agency eligibility.

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

**ABILITY TO REPAY (ATR)**

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

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

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

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

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

**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.

&nbsp;&nbsp;&nbsp;&nbsp;· **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.

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&nbsp;&nbsp;&nbsp;&nbsp;· **Uniform Standards of Professional Appraisal Practice (USPAP)** 

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· 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:**

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· 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 –<br> No Hit** | &nbsp;&nbsp;**# of Files > -10% <br> Variance to OA or <br> Confidence < 80%** | &nbsp;&nbsp;**Number of Files <br> within -10% of OA or <br> Acceptable UCDP Risk <br> Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Other | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |

---

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**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

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

---

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**Valuation Event Grade**

---

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

---

**Compliance Event Grade** 

---

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

---

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**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &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;**10** | &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 Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &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;**10** | &nbsp;&nbsp;**100.00%** |

---

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**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &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;**10** | &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 Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;10 | &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;**10** | &nbsp;&nbsp;**100.00%** |

---

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**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4309418.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;3 | &nbsp;&nbsp;30.00% | &nbsp;&nbsp;$2552000.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;7 | &nbsp;&nbsp;70.00% | &nbsp;&nbsp;$1757418.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;6 | &nbsp;&nbsp;60.00% | &nbsp;&nbsp;$1417418.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;4 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;$2892000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4309418.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$4309418.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**10** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$4309418.00** |

---

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**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With <br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**Accuracy <br> %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash out Include Debt Paid at Close | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;10 | &nbsp;&nbsp;90.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Housing Expense PITIA | &nbsp;&nbsp;2 | &nbsp;&nbsp;8 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;1 | &nbsp;&nbsp;8 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 19

![](ex99-4_001.jpg)

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

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

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

**Disclaimer**

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

 

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

 

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

 

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

 

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

NRMLT 2025-NQM7 DUE DILIGENCE NARRATIVE REPORT – PagE \| 20

## Exhibit 99.4

**Exhibit 99.4 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 0024-838412 | XXXX | XXXX | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 60.0 | 60.0 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| W002106 | XXXX | XXXX | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 68.62 | 68.62 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 11-07-2024 |
| 2000046642 | XXXX | XXXX | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | 02-20-2025 |
| 2000053558 |  | XXXX | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 69.39 | 69.39 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 04-30-2025 |
| 2000053759 |  | XXXX | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80.0 | 80.0 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | A | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 04-09-2025 | Not Eligible |  |  |
| 2000053833 |  | XXXX | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.83 | 63.83 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Moderate | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2000053271 |  | XXXX | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 69.03 | 69.03 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2000053293 |  | XXXX | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 38.4 | 38.4 | XXXX | 0.0 | .0000 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Moderate | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |
| 2000054658 |  | XXXX | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2000051548 |  | XXXX | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75.0 | 75.0 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | 04-03-2025 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 0024-838412 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | CA | Primary Residence | Purchase | NA |  |  |  |
| W002106 | XXXX | XXXX D A | Closed | FCRE1440 | 2024-12-20 07:12 | 2025-01-02 16:30 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, rent free letter provided, property was owned free and clear prior to the mortgage- Condition resolved - Due Diligence Vendor-01/02/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Borrower does not have a complete 12-month mortgage history, VOM on subject shows originated XX/XX/XXXX makes 11 months as of date of review. Per guidelines, experienced investors who provide veriﬁcation of living rent free are acceptable provided they own other REOs with acceptable mortgage ﬁnancing history. Borrowers who do not have a complete 12-month housing history are ineligible for the program. - Due Diligence Vendor-12/20/2024 |  | Resolved-After further review, rent free letter provided, property was owned free and clear prior to the mortgage- Condition resolved - Due Diligence Vendor-01/02/2025<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052337 |
| W002106 | XXXX | XXXX D A | Closed | FCRE1198 | 2024-12-20 07:23 | 2024-12-31 10:35 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-After further review- updated the cash back to borrower- sufficient reserves- condition resolved. - Due Diligence Vendor-12/31/2024 <br>Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-12/20/2024 |  | Resolved-After further review- updated the cash back to borrower- sufficient reserves- condition resolved. - Due Diligence Vendor-12/31/2024<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052407 |
| W002106 | XXXX | XXXX D A | Closed | FPRO1256 | 2024-12-20 07:07 | 2024-12-31 10:35 | Resolved | 1 - Information D A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-After further review, guidelines do not require- condition resolved. - Due Diligence Vendor-12/31/2024 <br>Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. Condo questionnaire provided- per guidelines- Guidelines require reserves <10% replacement, maintenance, and/or deductible for non-warrantable. Unable to determine from questionnaire. - Due Diligence Vendor-12/31/2024 |  | Resolved-After further review, guidelines do not require- condition resolved. - Due Diligence Vendor-12/31/2024<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052322 |
| W002106 | XXXX | XXXX D A | Closed | FCRE9501 | 2024-12-20 07:15 | 2024-12-31 10:33 | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-11/17/2025 <br>Open-Total Qualified Assets Post-Close amount is '$-20300.08'. Assets are Insufficient. - Due Diligence Vendor-12/20/2024 |  | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-11/17/2025<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052361 |
| 2000046642 | XXXX | XXXX D A C | Closed | finding-3526 | 2025-03-06 11:24 | 2025-10-24 13:22 | Resolved | 1 - Information C A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-10/24/2025 <br> Counter-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Document Uploaded. LE issued 1/13/2025 and 2/21/2025 have been provided along with confirmation of receipt. Please clear condition. - Seller-03/12/2025 <br> Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday 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 loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. -----Please provide borrower's acknowledgment of LE issued 02/21/25 and 01/13/25. - Due Diligence Vendor-03/06/2025 | Ready for Review-Document Uploaded. LE issued 1/13/2025 and 2/21/2025 have been provided along with confirmation of receipt. Please clear condition. - Seller-03/12/2025<br>| Resolved-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-10/24/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3544834 |
| 2000046642 | XXXX | XXXX D A C | Closed | FCOM3605 | 2025-03-06 11:44 | 2025-03-19 09:36 | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least 3 days prior to consummation | Resolved-Received CD 2/25/2125, esigned 2/25/2025. - Due Diligence Vendor-03/19/2025 <br> Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 has been uploaded. Please clear condition. - Seller-03/17/2025 <br> Counter-Received CD 2/28/2025, received confirmation of CD issued 2/25/2025. Missing CD 2/25/2025. Provide CD 2/25/2025. New findings may apply upon receipt. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 along with confirmation of receipt has been uploaded, please clear condition. - Seller-03/12/2025 <br> Open------Missing initial CD acknowledged by borrower a minimum of 3 days prior to consummation - Due Diligence Vendor-03/06/2025 | Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 has been uploaded. Please clear condition. - Seller-03/17/2025 <br>Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 along with confirmation of receipt has been uploaded, please clear condition. - Seller-03/12/2025<br>| Resolved-Received CD 2/25/2125, esigned 2/25/2025. - Due Diligence Vendor-03/19/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3545463 |
| 2000046642 | XXXX | XXXX D A C | Closed | FCRE5116 | 2025-03-10 11:11 | 2025-03-13 16:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Upon further review, 12 months payment history was in the file. Supplement is not required. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Verification of Mortgage was completed by monthly statements since inception of loan with XXXX showing no late payments. VOM document is not required and mortgage is not required to report on credit. Please clear finding. - Seller-03/12/2025 <br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Provide credit Supplemental to shows the new mortgage servicer with roundpoint being reporting. - Due Diligence Vendor-03/10/2025 | Ready for Review-Verification of Mortgage was completed by monthly statements since inception of loan with XXXX showing no late payments. VOM document is not required and mortgage is not required to report on credit. Please clear finding. - Seller-03/12/2025 | Resolved-Upon further review, 12 months payment history was in the file. Supplement is not required. - Due Diligence Vendor-03/13/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3569505 |
| 2000053558 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | NV | Investment | Purchase | NA |  |  |  |
| 2000053759 | XXXX | XXXX D A C | Closed | finding-3634 | 2025-05-19 11:56 | 2025-06-06 08:43 | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC 5/6/2025. - Due Diligence Vendor-06/06/2025 <br> Ready for Review-Document Uploaded. Borrower requested COC please clear findings. - Seller-06/05/2025 <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 $68.82.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 (0%) tolerance fees increased by $68.82 (Credit Report Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $68.82, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 1 year- Expiration date is 05/12/2026. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. Borrower requested COC please clear findings. - Seller-06/05/2025<br>| Resolved-Received COC 5/6/2025. - Due Diligence Vendor-06/06/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4179156 |
| 2000053759 | XXXX | XXXX D A C | Closed | FCRE1152 | 2025-05-19 15:44 | 2025-05-27 13:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax verification. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. tax info sheet uploaded. - Seller-05/22/2025 <br>Open-Missing Evidence of Property Tax The tax cert and title in file do not specify an actual tax figure. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. tax info sheet uploaded. - Seller-05/22/2025<br>| Resolved-Received Tax verification. - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4183065 |
| 2000053759 | XXXX | XXXX D A C | Closed | FPRO1253 | 2025-05-20 11:12 | 2025-05-27 13:38 | Resolved | 1 - Information D A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. DVR for review. - Seller-05/22/2025 <br>Open-CU and LCA are both above 2.5 - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. DVR for review. - Seller-05/22/2025<br>| Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4191645 |
| 2000053833 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | TX | Investment | Refinance | Cash Out - Other |  |  |  |
| 2000053271 | XXXX | XXXX C A | Closed | FCRE0969 | 2025-05-23 08:14 | 2025-06-17 17:00 | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Governing Laws paragraph contained in Mortgage which is acceptable - Due Diligence Vendor-06/17/2025 <br> Open-The note calls for a prepayment in XXXX. The specific XXXX language "This loan is made pursuant to Title 12, Subtitle 10 of the XXXX for Credit Grantor Closed-End Credit" or the Governing Laws' paragraph was not identified on the Note/DOT documentation - Due Diligence Vendor-05/23/2025 |  | Resolved-Governing Laws paragraph contained in Mortgage which is acceptable - Due Diligence Vendor-06/17/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 620 required, 770 verified <br>Months Reserves exceed minimum required - 3 months required, 70 months verified. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | MD | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 4225806 |
| 2000053293 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | WI | Investment | Refinance | Cash Out - Other |  |  |  |
| 2000054658 | XXXX | XXXX C A | Closed | FCRE7009 | 2025-06-02 19:19 | 2025-06-24 12:03 | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Updated policy provided confirming Reimbursement provision. - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. Policy changed to replacement cost, copy provided. Please clear finding. - Seller-06/17/2025 <br> Counter-Received duplicate documentation-original finding remains. - Due Diligence Vendor-06/16/2025 <br> Ready for Review-Document Uploaded. We have the RCE showing estimated replacement cost of $232212 then the borrower increased the hazard coverage to cover, see supporting documentation. Please clear finding. - Seller-06/13/2025 <br> Open-The hazard insurance coverage reflects coverage based on actual cash value and not replacement cost value. - Due Diligence Vendor-06/02/2025 | Ready for Review-Document Uploaded. Policy changed to replacement cost, copy provided. Please clear finding. - Seller-06/17/2025 <br>Ready for Review-Document Uploaded. We have the RCE showing estimated replacement cost of $232212 then the borrower increased the hazard coverage to cover, see supporting documentation. Please clear finding. - Seller-06/13/2025<br>| Resolved-Updated policy provided confirming Reimbursement provision. - Due Diligence Vendor-06/24/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 786. Per guides, minimum score required 620.<br>Months Reserves exceed minimum required - Borrower has 81.49 months of PITIA reserves, 6 months minimum required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | UT | Investment | Refinance | Cash Out - Other | N/A | N/A | 4307063 |
| 2000051548 | XXXX | XXXX C A | Closed | FCRE1510 | 2025-06-02 11:49 | 2025-06-11 17:26 | 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-06/11/2025 <br>Ready for Review-Document Uploaded. DOT w/legal please clear. - Seller-06/09/2025 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The legal description was missing. - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. DOT w/legal please clear. - Seller-06/09/2025<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-06/11/2025<br>| Months Reserves exceed minimum required - 6 months required, 66 months verified<br>Qualifying FICO score is at least 20 points above minimum for program - 680 required, 715 verified |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 4299720 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 3**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 0024-838412 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XX/XX/XXXX | XX/XX/XXXX | Per Final CD |
| W002106 | XXXX | XXXX | XXXX | Interest Rate | notePage | 6.875 | 0.0688 | Per Note |
| 2000046642 | XXXX | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 9099.82 | 9394.85 | Audit used lower taxes |
| 2000053759 |  | XXXX | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 5390.03 | 5307.42 | Higher tax amount used. |
| 2000053271 |  | XXXX | XXXX | Qualifying Total Reserves Number of Months | assetPage | 70.49 | 70.00 | Per Assets in file |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| 0024-838412 | XXXX | XXXX | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 9735 | 7.009 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14404.17 | N/A | Employed |  | No |  | No |  |
| W002106 | XXXX | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 2000046642 | XXXX | XXXX | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 23164 | 7.658 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 30784.37 | N/A | Employed |  | No |  | No |  |
| 2000053558 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | Yes | N/A | N/A | Yes | N/A | 182305.4 | Yes | Employed |  | No |  | Yes | Present |
| 2000053759 |  | XXXX | XX/XX/XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | No |  | No | No | No | No | No | No | No | No | No | No | No | 9174 | 7.147 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 14517.97 | Yes | Employed | Not Employed | No | No | No |  |
| 2000053833 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 2000053271 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 2000053293 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 2000054658 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 2000051548 |  | XXXX | XX/XX/XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 5**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 0024-838412 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | CA | Primary Residence | Purchase | NA |  |  |  |
| W002106 | XXXX | XXXX D A | Closed | FCRE1440 | 2024-12-20 07:12 | 2025-01-02 16:30 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, rent free letter provided, property was owned free and clear prior to the mortgage- Condition resolved - Due Diligence Vendor-01/02/2025 <br> Open-Housing History Does Not Meet Guideline Requirements Borrower does not have a complete 12-month mortgage history, VOM on subject shows originated XX/XX/XXXX makes 11 months as of date of review. Per guidelines, experienced investors who provide veriﬁcation of living rent free are acceptable provided they own other REOs with acceptable mortgage ﬁnancing history. Borrowers who do not have a complete 12-month housing history are ineligible for the program. - Due Diligence Vendor-12/20/2024 |  | Resolved-After further review, rent free letter provided, property was owned free and clear prior to the mortgage- Condition resolved - Due Diligence Vendor-01/02/2025<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052337 |
| W002106 | XXXX | XXXX D A | Closed | FCRE1198 | 2024-12-20 07:23 | 2024-12-31 10:35 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-After further review- updated the cash back to borrower- sufficient reserves- condition resolved. - Due Diligence Vendor-12/31/2024 <br>Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-12/20/2024 |  | Resolved-After further review- updated the cash back to borrower- sufficient reserves- condition resolved. - Due Diligence Vendor-12/31/2024<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052407 |
| W002106 | XXXX | XXXX D A | Closed | FPRO1256 | 2024-12-20 07:07 | 2024-12-31 10:35 | Resolved | 1 - Information D A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-After further review, guidelines do not require- condition resolved. - Due Diligence Vendor-12/31/2024 <br>Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. Condo questionnaire provided- per guidelines- Guidelines require reserves <10% replacement, maintenance, and/or deductible for non-warrantable. Unable to determine from questionnaire. - Due Diligence Vendor-12/31/2024 |  | Resolved-After further review, guidelines do not require- condition resolved. - Due Diligence Vendor-12/31/2024<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052322 |
| W002106 | XXXX | XXXX D A | Closed | FCRE9501 | 2024-12-20 07:15 | 2024-12-31 10:33 | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-11/17/2025 <br>Open-Total Qualified Assets Post-Close amount is '$-20300.08'. Assets are Insufficient. - Due Diligence Vendor-12/20/2024 |  | Resolved-Upon further review no additional documentation required. - Due Diligence Vendor-11/17/2025<br>| LTV is less than guideline maximum - LTV 68.62% max permitted 75%.<br>DSCR =/> 1.00 and minimum is 0.85 or Less - DSCR 1.042 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 3052361 |
| 2000046642 | XXXX | XXXX D A C | Closed | finding-3526 | 2025-03-06 11:24 | 2025-10-24 13:22 | Resolved | 1 - Information C A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-10/24/2025 <br> Counter-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Document Uploaded. LE issued 1/13/2025 and 2/21/2025 have been provided along with confirmation of receipt. Please clear condition. - Seller-03/12/2025 <br> Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday 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 loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. -----Please provide borrower's acknowledgment of LE issued 02/21/25 and 01/13/25. - Due Diligence Vendor-03/06/2025 | Ready for Review-Document Uploaded. LE issued 1/13/2025 and 2/21/2025 have been provided along with confirmation of receipt. Please clear condition. - Seller-03/12/2025<br>| Resolved-Received confirmation of receipt for LE 1/16/2025, received date 2/21/2025. - Due Diligence Vendor-10/24/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3544834 |
| 2000046642 | XXXX | XXXX D A C | Closed | FCOM3605 | 2025-03-06 11:44 | 2025-03-19 09:36 | Resolved | 1 - Information C A | Compliance | TRID | TRID: CD not delivered at least 3 days prior to consummation | Resolved-Received CD 2/25/2125, esigned 2/25/2025. - Due Diligence Vendor-03/19/2025 <br> Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 has been uploaded. Please clear condition. - Seller-03/17/2025 <br> Counter-Received CD 2/28/2025, received confirmation of CD issued 2/25/2025. Missing CD 2/25/2025. Provide CD 2/25/2025. New findings may apply upon receipt. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 along with confirmation of receipt has been uploaded, please clear condition. - Seller-03/12/2025 <br> Open------Missing initial CD acknowledged by borrower a minimum of 3 days prior to consummation - Due Diligence Vendor-03/06/2025 | Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 has been uploaded. Please clear condition. - Seller-03/17/2025 <br>Ready for Review-Document Uploaded. Copy of the CD issued 2/25/2025 along with confirmation of receipt has been uploaded, please clear condition. - Seller-03/12/2025<br>| Resolved-Received CD 2/25/2125, esigned 2/25/2025. - Due Diligence Vendor-03/19/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3545463 |
| 2000046642 | XXXX | XXXX D A C | Closed | FCRE5116 | 2025-03-10 11:11 | 2025-03-13 16:28 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Upon further review, 12 months payment history was in the file. Supplement is not required. - Due Diligence Vendor-03/13/2025 <br> Ready for Review-Verification of Mortgage was completed by monthly statements since inception of loan with XXXX showing no late payments. VOM document is not required and mortgage is not required to report on credit. Please clear finding. - Seller-03/12/2025 <br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Provide credit Supplemental to shows the new mortgage servicer with roundpoint being reporting. - Due Diligence Vendor-03/10/2025 | Ready for Review-Verification of Mortgage was completed by monthly statements since inception of loan with XXXX showing no late payments. VOM document is not required and mortgage is not required to report on credit. Please clear finding. - Seller-03/12/2025 | Resolved-Upon further review, 12 months payment history was in the file. Supplement is not required. - Due Diligence Vendor-03/13/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 776 is higher than the required 660.<br>LTV is less than guideline maximum - LTV 80% is lower than maximum 90% |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | TX | Primary Residence | Purchase | NA | N/A | N/A | 3569505 |
| 2000053558 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | NV | Investment | Purchase | NA |  |  |  |
| 2000053759 | XXXX | XXXX D A C | Closed | finding-3634 | 2025-05-19 11:56 | 2025-06-06 08:43 | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC 5/6/2025. - Due Diligence Vendor-06/06/2025 <br> Ready for Review-Document Uploaded. Borrower requested COC please clear findings. - Seller-06/05/2025 <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 $68.82.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 (0%) tolerance fees increased by $68.82 (Credit Report Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $68.82, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 1 year- Expiration date is 05/12/2026. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. Borrower requested COC please clear findings. - Seller-06/05/2025<br>| Resolved-Received COC 5/6/2025. - Due Diligence Vendor-06/06/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4179156 |
| 2000053759 | XXXX | XXXX D A C | Closed | FCRE1152 | 2025-05-19 15:44 | 2025-05-27 13:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax verification. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. tax info sheet uploaded. - Seller-05/22/2025 <br>Open-Missing Evidence of Property Tax The tax cert and title in file do not specify an actual tax figure. - Due Diligence Vendor-05/19/2025 | Ready for Review-Document Uploaded. tax info sheet uploaded. - Seller-05/22/2025<br>| Resolved-Received Tax verification. - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4183065 |
| 2000053759 | XXXX | XXXX D A C | Closed | FPRO1253 | 2025-05-20 11:12 | 2025-05-27 13:38 | Resolved | 1 - Information D A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-05/27/2025 <br>Ready for Review-Document Uploaded. DVR for review. - Seller-05/22/2025 <br>Open-CU and LCA are both above 2.5 - Due Diligence Vendor-05/20/2025 | Ready for Review-Document Uploaded. DVR for review. - Seller-05/22/2025<br>| Resolved-Received Desk Review. Value supported. - Due Diligence Vendor-05/27/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 660 Fico required, subject 730. <br>LTV is less than guideline maximum - 90% allowed, subject 80%. |  | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | HI | Primary Residence | Purchase | NA | N/A | N/A | 4191645 |
| 2000053833 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | TX | Investment | Refinance | Cash Out - Other |  |  |  |
| 2000053271 | XXXX | XXXX C A | Closed | FCRE0969 | 2025-05-23 08:14 | 2025-06-17 17:00 | Resolved | 1 - Information C A | Credit | Closing | Prepayment Penalty Issue | Resolved-Governing Laws paragraph contained in Mortgage which is acceptable - Due Diligence Vendor-06/17/2025 <br> Open-The note calls for a prepayment in Maryland. The specific MD language "This loan is made pursuant to Title 12, Subtitle 10 of the XXXX for Credit Grantor Closed-End Credit" or the Governing Laws' paragraph was not identified on the Note/DOT documentation - Due Diligence Vendor-05/23/2025 |  | Resolved-Governing Laws paragraph contained in Mortgage which is acceptable - Due Diligence Vendor-06/17/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - 620 required, 770 verified <br>Months Reserves exceed minimum required - 3 months required, 70 months verified. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | MD | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 4225806 |
| 2000053293 | XXXX | XXXX A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | WI | Investment | Refinance | Cash Out - Other |  |  |  |
| 2000054658 | XXXX | XXXX C A | Closed | FCRE7009 | 2025-06-02 19:19 | 2025-06-24 12:03 | Resolved | 1 - Information C A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Updated policy provided confirming Reimbursement provision. - Due Diligence Vendor-06/24/2025 <br> Ready for Review-Document Uploaded. Policy changed to replacement cost, copy provided. Please clear finding. - Seller-06/17/2025 <br> Counter-Received duplicate documentation-original finding remains. - Due Diligence Vendor-06/16/2025 <br> Ready for Review-Document Uploaded. We have the RCE showing estimated replacement cost of $232212 then the borrower increased the hazard coverage to cover, see supporting documentation. Please clear finding. - Seller-06/13/2025 <br> Open-The hazard insurance coverage reflects coverage based on actual cash value and not replacement cost value. - Due Diligence Vendor-06/02/2025 | Ready for Review-Document Uploaded. Policy changed to replacement cost, copy provided. Please clear finding. - Seller-06/17/2025 <br>Ready for Review-Document Uploaded. We have the RCE showing estimated replacement cost of $232212 then the borrower increased the hazard coverage to cover, see supporting documentation. Please clear finding. - Seller-06/13/2025<br>| Resolved-Updated policy provided confirming Reimbursement provision. - Due Diligence Vendor-06/24/2025<br>| Qualifying FICO score is at least 20 points above minimum for program - Borr qualifying FICO score 786. Per guides, minimum score required 620.<br>Months Reserves exceed minimum required - Borrower has 81.49 months of PITIA reserves, 6 months minimum required. |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | UT | Investment | Refinance | Cash Out - Other | N/A | N/A | 4307063 |
| 2000051548 | XXXX | XXXX C A | Closed | FCRE1510 | 2025-06-02 11:49 | 2025-06-11 17:26 | 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-06/11/2025 <br>Ready for Review-Document Uploaded. DOT w/legal please clear. - Seller-06/09/2025 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The legal description was missing. - Due Diligence Vendor-06/03/2025 | Ready for Review-Document Uploaded. DOT w/legal please clear. - Seller-06/09/2025<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-06/11/2025<br>| Months Reserves exceed minimum required - 6 months required, 66 months verified<br>Qualifying FICO score is at least 20 points above minimum for program - 680 required, 715 verified |  | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | FL | Investment | Refinance | Cash Out - Other | N/A | N/A | 4299720 |

---

## Exhibit 99.4

**Exhibit 99.4 Schedule 6**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| W002106 | XXXX | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2530 | 2300 | Appraisal - 1007 |  | N/A |  |  | 2300 | Appraisal - 1007 | No | 95.97 | 1.042 | 1.042 | 2207.24 | 2530 | 10-31-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 1 | 1 | 1 | N/A | 9.2 | Yes | XXXX | Corporation | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| 2000053558 |  | XXXX | XXXX | XXXX | 12 Month Bank Statement | Present | No | 0 | 2550 | Appraisal - 1007 |  | N/A |  |  | 2550 | Appraisal - 1007 | No | 120.62 |  | 0 | 3075.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 1114.65 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2000053833 |  | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1550 | Appraisal - 1007 |  | N/A |  |  | 1550 | Appraisal - 1007 | No | 90.84 | 1.1 | 1.101 | 1408.05 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 4.7 | 1 | 1 | N/A | 98.56 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX |
| 2000053271 |  | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2450 | Appraisal - 1025 |  | N/A |  |  | 2450 | Appraisal - 1025 | No | 75.48 | 1.32 | 1.325 | 1849.16 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 0.2 | 1 | 1 | N/A | 70.49 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| 2000053293 |  | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4300 | Appraisal - 1025 |  | N/A |  |  | 4300 | Appraisal - 1025 | No | 39.5 | 2.53 | 2.532 | 1698.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 1.7 | 1 | 1 | N/A | 22.55 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX |
| 2000054658 |  | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2300 | Appraisal - 1007 |  | N/A |  |  | 2300 | Appraisal - 1007 | No | 93.19 | 1.07 | 1.073 | 2143.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 15.9 | 1 | 1 | N/A | 81.79 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| 2000051548 |  | XXXX | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3050 | Appraisal - 1007 |  | N/A |  |  | 3050 | Appraisal - 1007 | No | 123.95 | 0.8 | 0.807 | 3780.37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  |  |  |  | XXXX |  |  |  |  |  |  |  | No | 0 | 1 | 1 | N/A | 66.7 | No |  |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |

---

## Exhibit 99.5

**Exhibit 99.5**

**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 its client, Rithm Capital. The review included a total of 38 newly originated residential mortgage loans acquired through a bulk purchase, in connection with the securitization identified as NRMLT 2025-NQM7 (the "Securitization"). The Review was conducted from March 2025 through August 2025 on mortgage loans originated between March 2025 and July 2025.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. QM or ATR Validation / Review of 8 Key Underwriting Factors

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income / Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate borrower(s) monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate funds required to close, required reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review file documentation for required level of income and asset verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment Status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly Mortgage Payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Confirm program, qualifying rate, terms

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate subject loan monthly payment (PITI) and associated obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts / Obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate monthly recurring liabilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI and/or Residual Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Validate debt-to-income ratio (DTI) based upon income and debt documentation provided in the file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Documentation meets Appendix Q requirements for QM Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit History

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Review credit report for credit history and required credit depth including any / all inquiries

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Consumer's current or reasonably expected income or assets (other than the value of the dwelling that secures the loan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The consumer's debt obligations, alimony, child support; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm
 a full three (3) day rescission period was provided to the borrower

&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 Client 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 Client.

&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 Client.

&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 (38 loans in total):

Seven (7) loans had a Secondary Appraisal, five (5) loans had an AVM, zero (0) loans had a Field Review, and twelve (12) loans had Desktop Reviews. 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 a Field Review, a Broker Price Opinion (BPO) along with a Reconciliation of the values or a 2nd Appraisal was completed. There were zero (0) occurrences of this.

Zero (0) loans had a Second Desk Review and zero (0) loans had a Full Appraisal Review.

**Product totals may not sum due to multiple products for each loan**

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the thirty-eight (38) mortgage loans reviewed, twenty-eight (28) unique mortgage loans (73.68 % by loan count) had a total of ninety-three (93) discrepancies across twenty-six (26) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy <br> Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Qualifying All Borrower Residual Income | &nbsp;&nbsp;20 | &nbsp;&nbsp;21.51% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;12 | &nbsp;&nbsp;12.90% |
| &nbsp;&nbsp;MIN No | &nbsp;&nbsp;9 | &nbsp;&nbsp;9.68% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;7 | &nbsp;&nbsp;7.53% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;6 | &nbsp;&nbsp;6.45% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;5 | &nbsp;&nbsp;5.38% |
| &nbsp;&nbsp;T & I Payment | &nbsp;&nbsp;4 | &nbsp;&nbsp;4.30% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;3 | &nbsp;&nbsp;3.23% |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;3 | &nbsp;&nbsp;3.23% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Borrower Appraisal Receipt Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Originator Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;2 | &nbsp;&nbsp;2.15% |
| &nbsp;&nbsp;Total Liquid Assets Available For Close | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Reviewed Appraised Property Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Index | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Total Qualified Assets Available | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Qualifying Total Monthly Liabilities | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;Mo Pymt (P&I) | &nbsp;&nbsp;1 | &nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**93** | &nbsp;&nbsp;**100.00%** |

---

**Summary of Results**

**OVERALL RESULTS SUMMARY**

**Final Loan Grades**

---

| | | | |
|:---|:---|:---|:---|
| **Overall Loan Results:** | **Overall Loan Results:** | **Overall Loan Results:** | |
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
| Event Grade A | 35 | $26663752.00 | 92.11% |
| Event Grade B | 3 | $3869750.00 | 7.89% |
| Event Grade C | 0 | $0.00 | 0% |
| Event Grade D | 0 | $0.00 | 0% |
| **Total Sample** | 38 | $30533502.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 38 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 38 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results: (As applicable, 15 loans within population did not receive a Compliance Review)** | **Compliance Results: (As applicable, 15 loans within population did not receive a Compliance Review)** | **Compliance Results: (As applicable, 15 loans within population did not receive a Compliance Review)** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 20 | 86.96% |
| Event Grade B | 3 | 13.04% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 23 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| Event Grade | Loan Count | Percent of Sample |
| Event Grade A | 38 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 38 | 100.00% |

---

**Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception <br> Type | &nbsp;&nbsp;Exception <br> Level <br> Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;14 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;6 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Background Check Missing or Defective | &nbsp;&nbsp;5 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;5 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Third Party Fraud Report not Provided | &nbsp;&nbsp;3 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;3 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Hazard Insurance Policy is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Income and Employment Do Not Meet Guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Purchase Contract is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Missing evidence of self employment | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Approval/Underwriting Summary Partially Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Asset Qualification Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;ATR: Reasonable Income or Assets Not Considered | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Insufficient Assets to Close | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Assets do not meet guideline requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |
| &nbsp;&nbsp; <br>Credit | &nbsp;&nbsp; <br>A |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;OFAC Check Not Completed and/or Cleared | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Borrower 2 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;The Total Hazard Coverage is LESS than the Required Coverage Amount | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Borrower 3 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Title Coverage is Less than Subject Lien | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Flood Insurance Policy Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Guideline Seasoning not Met | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***66*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;eSigned Documents Consent is Missing | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &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;Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;MA 209 CMR 32.35 Higher-Priced Mortgage Loan Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That In Total Cannot Increase More Than 10% Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;ARM Disclosure Not Provided Within 3 Days of Application Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;RESPA Homeownership Counseling Organizations Disclosure Date Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Homeownership Counseling Disclosure Is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Intent to Proceed is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***30*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***3*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;20 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Hazard Insurance Missing or Defective | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Completion Report or 1004D - Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Third Party Valuation Product Not Provided within 10% Tolerance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Subject property appraisal is not on an as-is basis (Secondary Value) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal Review - Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Flood Insurance Missing or Defective | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***29*** |

---

**Event Grade Definitions**

---

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

---

---

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

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Compliance Event Grades** | &nbsp;&nbsp;**Compliance Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan 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 99.5

**Exhibit 99.5 Schedule 1**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 2503149326 |  |  | XXXX A | C | C | C | C | C A | B | B | B | B | B A |
| 6000053581 |  |  | XXXX B | A | A | A | A | A B | A | A | A | A | A |
| 2750003079 |  |  | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 92300186497 |  |  | XXXX D | C | C | C | C | C A D | B | B | B | B | B A |
| 92010177451 |  |  | XXXX D | C | C | C | C | C D A | A | A | A | A | A |
| 92300186699 |  |  | XXXX D | B | B | B | B | B A D | A | A | A | A | A |
| 92300186671 |  |  | XXXX D | B | B | B | B | B A D | A | A | A | A | A |
| 92010185269 |  |  | XXXX D | B | B | B | B | B A D | A | A | A | A | A |
| 92400186003 |  |  | XXXX D | C | C | C | C | C A D | A | A | A | A | A |
| 92010185551 |  |  | XXXX D | C | C | C | C | C D A | A | A | A | A | A |
| 92300186328 |  |  | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| 92010184747 |  |  | XXXX D | C | C | C | C | C A D | A | A | A | A | A |
| 92300187725 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 92300187724 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 92300188047 |  |  | XXXX C | B | B | B | B | B A C | A | A | A | A | A |
| 92010186528 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 92010182547 |  |  | XXXX D | A | A | A | A | A C D | A | A | A | A | A |
| 90080185041 |  |  | XXXX A | A | A | A | A | A | A | A | A | A | A |
| 92300187502 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 92010185891 |  |  | XXXX B | C | C | C | C | C A | B | B | B | B | B A |
| 92400186587 |  |  | XXXX D | C | C | C | C | C A D | A | A | A | A | A |
| 92300187991 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| 92010186630 |  |  | XXXX A | B | B | B | B | B A | A | A | A | A | A |
| 92010184632 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 92300186229 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92300186093 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400185877 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400181652 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400186527 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92010186814 |  |  | XXXX C | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A |
| 92010184630 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400186656 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400185198 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 92010182582 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 92300186070 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92300186278 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 92400182722 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| 2502146798 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 2**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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)** |
| 2503149326 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/08/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | TILA 130b Cure Required. Refund in the amount of $125.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The 0% tolerance violation in the amount of $125.00 is due to an increase of the Appraisal fee from $750.00 on the initial LE to $875.00 on the final CD. A COC dated 03/17/2025 was provided, however, specific reasoning for the fee increase was not stated. The appraisal invoice indicates a surcharge for a jumbo value amount; however, the amount is not consistent with previous disclosures. 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 $125.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | 04/15/2025 | Cure package provided to borrower; exception downgraded to a 2/B | 04/15/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%<br>Borrower has stable job time - Borrower has 6.98 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 11.99% is less than Guideline DTI of 45%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% 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 |
| 2503149326 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/08/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%<br>Borrower has stable job time - Borrower has 6.98 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 11.99% is less than Guideline DTI of 45%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% 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 |
| 2503149326 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 04/08/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%<br>Borrower has stable job time - Borrower has 6.98 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 11.99% is less than Guideline DTI of 45%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% 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 |
| 6000053581 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/17/2025 | Resolved | FCRE1148 | Credit | Title Coverage is Less than Subject Lien | Title Coverage Amount of $XXXX is Less than Total Amount of Subject Lien $XXXX Missing title coverage equal to the subject lien amount $XXXX. Lender to provide updated title commitment with coverage amount of $XXXX. | Document Uploaded. | 05/20/2025 | Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien $XXXX. Exception Resolved. | 07/14/2025 | Borrower has stable job time - Borrower has 3.91 years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 6000053581 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/17/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | HPML escrow established, appraisal requirement met 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. |  |  | HPML is compliant. Appraisal and escrow requirements met. | 05/19/2025 | Borrower has stable job time - Borrower has 3.91 years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 6000053581 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/17/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 3.91 years on job. A | A | A B | A B | A B | A B | A B | A | A | A | A | A | A |
| 2750003079 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/27/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,500.00.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 $2500.00 cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The zero tolerance violation in the amount of $2500 is due to an added survey fee on the CD. The fee was not listed on the LE and there was no service provider for survey listed on the SSPL | Document Uploaded. ; Document Uploaded. | 05/30/2025 | COC provided; Exception resolved; COC provided; Exception resolved; The COC provided does not indicate a reason for the survey fee to be added and the borrower was not provided with a SSPL that includes a surveyor therefore it was not included in the unlimited tolerance, re-testing would include the survey fee in the 10% tolerance due to not being provided with a surveyor on the SSPL or provide a valid coc | 06/01/2025 | Borrower has stable job time - Borrower has 32.9 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is greater than Guideline minimum FICO of 740<br>Qualifying DTI below max allowed. - Calculated DTI of 20.31% is less than Guideline DTI of 55% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2750003079 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/23/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has 32.9 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is greater than Guideline minimum FICO of 740<br>Qualifying DTI below max allowed. - Calculated DTI of 20.31% is less than Guideline DTI of 55% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 2750003079 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM: CDFI Lender Exempt | Loan Review Complete | 05/23/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 32.9 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is greater than Guideline minimum FICO of 740<br>Qualifying DTI below max allowed. - Calculated DTI of 20.31% is less than Guideline DTI of 55% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 92300186497 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/18/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Gap or undisclosed monitoring report is missing | Document Uploaded. | 06/23/2025 | Borrower 1 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated within 30 days of closing received. | 06/30/2025 | Borrower has stable job time - Borrower has 3.28 years on job. D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 92300186497 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/19/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $5.00.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 $5.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $5.00 is due to increase from $700.00 to $705.00 for the Appraisal Fee that increased on the CD issued 6/3/2025; however, per the invoice issued 5/13/2025 the full fee amount was paid 5/12/2025. | Document Uploaded. | 06/25/2025 | Cure package provided, exception downgraded to a 2/B"; Cure package provided, exception downgraded to a 2/B" | 06/29/2025 | Borrower has stable job time - Borrower has 3.28 years on job. D C A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 92300186497 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/18/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 3.28 years on job. D A | C | B D A | C D A | C D A | C D A | C D A | C B A | B A | B A | B A | B A | B |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE1157 | Credit | Hazard Insurance Policy is Missing | Missing Hazard Insurance Policy. Please provide Hazard Insurance Policy. | Document Uploaded. | 06/25/2025 | Hazard Insurance Policy is fully present; Hazard insurance document has been received for the subject property. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE1491 | Credit | Asset Qualification Does Not Meet Guideline Requirements | Asset Qualification Does Not Meet Guideline Requirements Missing Asset documents for XXXX as stated on the Final 1003. | Document Uploaded. | 06/25/2025 | Asset Qualification Meets Guideline Requirements; Received the asset statements for XXXX | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE3843 | Credit | Guideline Seasoning not Met | The required number of months reserves are to be seasoned does not meet Guideline requirement. Missing Asset documents for XXXX as stated on the Final 1003. | Document Uploaded. | 06/25/2025 | The required number of months reserves are to be seasoned does meet Guideline requirement.; Received the evidence of earnest money deposit and XXXX asset statement. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE0382 | Credit | Assets do not meet guideline requirements | When the Total Qualified Asset Post Close field contains a negative value, the required assets do not meet guidelines. Missing Asset documents for XXXX as stated on the Final 1003. | Document Uploaded. | 06/25/2025 | Funds are found to meet guidelines.; Received the XXXX asset statement. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE1497 | Credit | ATR: Reasonable Income or Assets Not Considered | ATR: Reasonable Income or Assets Not Considered Missing Asset documentation. | Document Uploaded. | 06/25/2025 | ATR: Reasonable Income or Assets Was Considered; Received the evidence of earnest money deposit and XXXX asset statement. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE9995 | Credit | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Audited Reserves of $ are less than Guideline Required Reserves of $158613.03. Audited Reserves of $0 are less than Guideline Required Reserves of $158613.03. | Document Uploaded. | 06/25/2025 | Audited Reserves of $1361167.39 are equal to or greater than AUS Required Reserves of $XXXX.; Received the evidence of earnest money deposit and XXXX asset statement. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FPRO9990 | Property | Third Party Valuation Product Not Provided within 10% Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Document Uploaded. | 06/25/2025 | Third party valuation product provided within tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Invalid condition - 2nd appraisal has been provided supports the value of $XXXX. ; Received the first and second appraisals for the subject property. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report. Please provide Third Party Fraud Report. | Document Uploaded. ; Document Uploaded. | 06/27/2025 | Third Party Fraud Report is provided; Document Uploaded. ; Reviewed documentation uploaded - still missing the requested parties searched on the exclusionary lists: The fraud report has been received for both borrowers. The second appraiser and appraisal firm - XXXX has not been searched on the fraud report. Please provide an updated fraud report searching these parties or SAM/GSA searches for these parties.; The fraud report has been received for both borrowers. The second appraiser and appraisal firm - XXXX has not been searched on the fraud report. Please provide an updated fraud report searching these parties or SAM/GSA searches for these parties. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/23/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Nothing in file to reflect the initial e-signature dated on or before 2/3/2025. | Document Uploaded. | 06/25/2025 | Evidence of eConsent is provided. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/23/2025 | Resolved | FCRE1241 | Credit | Purchase Contract is Missing | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Document Uploaded. | 06/25/2025 | Purchase Contract Doc is not Missing, or is Not Applicable.; Received the fully executed purchase contract with all addendums for the subject property.  | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/26/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines We have received the CPA letter confirming 45% ownership of the business XXXX. We are missing the following additional documentation: Explanation on large deposits/documentation to source business income: transfers from XXXX, XXXX. Please provide source documentation for any of these deposits to document it's business income for XXXX as well as the lender's income calculations work sheet for the bank statement income. We are also missing the home owners insurance and mortgage statement/documentation to confirm if the XXXX includes escrows for taxes and insurance on the property located at XXXX | Document Uploaded. | 06/27/2025 | Income and Employment Meet Guidelines | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FCRE1193 | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI of 76.53% exceeds Guideline DTI of 50% Based on the lender's comments on the income calculations worksheet all transfers from XXXX have been excluded from the allowable deposits. Auditor's income of $33,162.88/month. PITIA $17,623.67. Total other debts $25,378.23. Total monthly liabilities of $25,378,23 results in a DTI of 76.53% which exceeds guidelines. | Document Uploaded. | 07/07/2025 | Audited DTI of 45.83% is less than or equal to Guideline DTI of 50%; Received the asset statements for transfers 13 months bank statements for XXXX to document transfers and to show the majority of the transfers are business income transferred from one account to the other. Auditor calculates $55,372.54/month in qualifying income for XXXX. ; Based on the lender's comments on the income calculations worksheet all transfers fromXXXX have been excluded from the allowable deposits. Auditor's income of $33,162.88/month. PITIA $17,623.67. Total other debts $3, 209.56. Total monthly liabilities of $25,378,23 results in a DTI of 76.53% which exceeds guidelines. | 07/08/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br> Qualifying DTI below max allowed.<br> Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br> Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br> Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE5809 | Credit | Missing evidence of self employment | Missing evidence of Borrower's Ownership percentage of company. Missing explanation of deposits in business account. Please provide ownership percentage and deposit explanation. | Document Uploaded. ; Document Uploaded. | 06/27/2025 | CPA letter and lender's income calculations worksheet has been received. ; We have received the CPA letter confirming 45% ownership of the business XXXX. We are missing the following additional documentation: Explanation on large deposits/documentation to source business income: transfers from XXXX, 1/9/24 wire of $91,467.50 from XXXX. Please provide source documentation for any of these deposits to document it's business income forXXXX as well as the lender's income calculations work sheet for the bank statement income.; We have received the CPA letter confirming 45% ownership of the business XXXX. We are missing the following additional documentation: Explanation on large deposits/documentation to source business income: transfers from checking XXXX, 1/9/24 wire of $91,467.50 from XXXX. Please provide source documentation for any of these deposits to document it's business income for XXXX as well as the lender's income calculations work sheet for the bank statement income. | 06/27/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/20/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of taxes, insurance and/or HOA fees for REO property located at XXXX. | Document Uploaded. ; Document Uploaded. | 06/27/2025 | Received the mortgage statement from XXXX showing escrowed for taxes and insurance and $0 HOA for the REO at XXXX. ; We have received documentation confirming the tax amount per the property profile and a letter from the borrower confirming there are no HOA fees on the property located at XXXX. Please provide evidence of home owners insurance on the property located at XXXX. If the mortgage payment of $3379/month with XXXX includes escrows in the mortgage payment provide a credit supplement or mortgage statement to confirm the taxes and insurance are escrowed in the payment. | 06/27/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010177451 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/23/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | TILA 130b Cure Required. Refund in the amount of $1,050.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $1,050.00 is due to the increase of the Broker Fee from $15,000.00 on the initial LE dated 2/3/2025 to $16,050.00 on the revised LE dated 4/25/2025 without a valid COC in file. Please provide a valid COC 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 $1,050.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | 06/25/2025 | Valid COC provided; exception resolved; Valid COC provided; exception resolved | 06/26/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.71% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.71% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 737 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 25.14 years on job. A | C | A D C | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92300186699 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/24/2025 | Resolved | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Missing evidence confirming a copy of the appraisal was provided to the consumer at or prior to the consummation date. | Document Uploaded. | 07/02/2025 | Evidence of appraisal delivery provided. | 07/03/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is greater than Guideline minimum FICO of 740<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Borrower has stable job time - Borrower has 7.45 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186699 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/25/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Missing verification of taxes and insurance for XXXX. Please provide verification of Taxes and Insurance. | Document Uploaded. | 07/02/2025 | Received evidence from the lender that the mortgage payment reporting on credit includes taxes and insurance for both REO properties at XXXX | 07/02/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is greater than Guideline minimum FICO of 740<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Borrower has stable job time - Borrower has 7.45 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186699 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/25/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is greater than Guideline minimum FICO of 740<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 85%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 85%<br>Borrower has stable job time - Borrower has 7.45 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186671 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/26/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to confirm the Affiliated Business disclosure for XXXX was sent within the 3 days of application XX/XX/XXXX. | Document Uploaded. | 07/23/2025 | Required Affiliated Business Disclosure Documentation Provided; Affiliated attestation provided; Exception resolved | 08/27/2025 | Borrower has stable job time - Borrower has 5.47 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 760 is greater than Guideline minimum FICO of 740 D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186671 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/26/2025 | Resolved | FCRE1241 | Credit | Purchase Contract is Missing | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Document Uploaded. | 07/23/2025 | Purchase Contract Doc is not Missing, or is Not Applicable.; Full executed sales contract received for the subject property. | 08/27/2025 | Borrower has stable job time - Borrower has 5.47 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 760 is greater than Guideline minimum FICO of 740 D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186671 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/25/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Documentation to support the tax amount included for XXXX is missing; Final 1003 reflects an amount of $1,443.76/mo was included in the DTI analysis for this property; HOI was verified in the amount of $230.08/mo; and HOA of $0.00. | Document Uploaded. | 08/25/2025 | Tax cert for XXXX was provided. | 08/27/2025 | Borrower has stable job time - Borrower has 5.47 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 760 is greater than Guideline minimum FICO of 740 D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92300186671 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/25/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 5.47 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 760 is greater than Guideline minimum FICO of 740 D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010185269 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FCRE1206 | Credit | All Interested Parties Not Checked with Exclusionary Lists | All Interested Parties Not Checked with Exclusionary Lists. Missing Fraud Report | Document Uploaded. | 07/02/2025 | All Interested Parties Checked against Exclusionary Lists; Fraud report received for the borrower and all parties checked against the exclusionary list. | 07/02/2025 | Qualifying FICO is Greater than the Guideline Minimum<br>Borrower has stable job time - Borrower has 3.49 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010185269 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FCRE1205 | Credit | OFAC Check Not Completed and/or Cleared | OFAC Check Not Completed and/or Cleared Missing Fraud Report | Document Uploaded. | 07/02/2025 | OFAC Check Completed and Cleared; OFAC has been checked for all interested parties. No matches. | 07/02/2025 | Qualifying FICO is Greater than the Guideline Minimum<br>Borrower has stable job time - Borrower has 3.49 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010185269 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report Missing Fraud Report | Document Uploaded. | 07/02/2025 | Third Party Fraud Report is provided; Fraud report received for the borrower and all parties checked against the exclusionary list. | 07/02/2025 | Qualifying FICO is Greater than the Guideline Minimum<br>Borrower has stable job time - Borrower has 3.49 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010185269 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Provide e-Consent dated on or before 05/16/25. | Document Uploaded. | 07/02/2025 | Evidence of eConsent is provided. | 07/02/2025 | Qualifying FICO is Greater than the Guideline Minimum<br>Borrower has stable job time - Borrower has 3.49 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92010185269 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 06/27/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum<br>Borrower has stable job time - Borrower has 3.49 years on job. D A | B | A D | B D A | B D A | B D A | B D A | B A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/01/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Guidelines require Verification of Rent. Please provide VOR. | Document Uploaded. | 07/07/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing; Rent free letter received from the borrower's mother for current property rental at XXXX | 07/08/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCOM3849 | Compliance | Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). | Document Uploaded. | 07/07/2025 | Evidence of appraisal delivery provided. | 07/08/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCOM3531 | Compliance | Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)) | Evidence of Appraisal Delivery to the Borrower Not Provided. Provide evidence the borrower received a copy of their appraisal at least 3 days prior to closing. | uploaded | 07/07/2025 | Evidence of Appraisal Delivery to the Borrower Provided. | 07/08/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | finding-3352 | Compliance | Higher-Priced Mortgage Loan Test | Unable to downgrade HPML exception. The appraisal delivery is missing. 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. | uploaded | 07/07/2025 | Appraisal delivery provided, HPML compliant; Exception resolved | 07/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | finding-2978 | Compliance | MA 209 CMR 32.35 Higher-Priced Mortgage Loan Test | Duplicate of HPML This loan failed the MA 209 CMR 32.35 higher-priced mortgage loan test. (MA 209 CMR 32.35)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Massachusetts Regulations. While the Code of Massachusetts Regulations provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. |  |  | HPML compliant; | 07/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186003 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | MA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/01/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 34.51% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 3.25 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCOM1270 | Compliance | ARM Disclosure Not Provided Within 3 Days of Application Date | ARM Disclosure dated, (06-25-2025) was not provided within 3 Days of Application Date, (XX/XX/XXXX). | XXXX | 08/13/2025 | ARM Disclosure Provided Within 3 Days of Application Date or Not Applicable.; This loan is a primary residence purchase and therefore subject to TRID. The ARM disclosure is within scope of the review as this loan is not a DSCR or business purpose; Document not attached, please reupload. Thank you | 08/14/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. The eSigned documents consent is missing. Nothing in file to reflect the initial e-signature dated on or before 5/22/2025. | Document Uploaded. | 07/09/2025 | Evidence of eConsent is provided. The eSigned documents consent is missing. | 08/14/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCRE1201 | Credit | Third Party Fraud Report not Provided | Missing Third Party Fraud Report The file does not contain a copy of the required fraud report. | Document Uploaded. ; Document Uploaded. | 07/16/2025 | Third Party Fraud Report is provided; Received updated fraud report searching XXXX - no matches. ; Fraud report received for the borrower. Missing the exclusionary search for the closer - XXXX. ; Fraud report received for the borrower. Missing the exclusionary search for the closer - XXXX | 07/16/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The file does not have verification of the HOA payment or a no HOA letter from the borrower for the property located at XXXX | Document Uploaded. ; Document Uploaded. | 07/14/2025 | Received letter from the borrower confirming no HOA dues on the REO located at XXXX. ; Documentation uploaded does not provide confirmation of the $40/month HOA fee. The file does not have verification of the HOA payment or a no HOA letter from the borrower for the property located at XXXX | 07/14/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FPRO1242 | Property | Appraisal is Missing | Appraisal is Missing. The file is missing the 1004 complete appraisal used to qualify. | Document Uploaded. | 07/09/2025 | Appraisal is Present or is Waived; Appraisal received for the subject property. | 07/12/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing The file does not contain the required GAP credit report dated within 30 days of the note date. | Document Uploaded. | 07/09/2025 | Borrower 1 Gap Credit Report is not missing.; Credit refresh dated 6/18/2025 received for the borrower. | 07/12/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92010185551 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/02/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The file does not contain a Verification of employment for the XXXX. | Document Uploaded. | 07/09/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; Verbal VOE received for the borrower. | 07/12/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is greater than Guideline minimum FICO of 700<br>Borrower has stable job time - Borrower has 2.14 years on job. D A | C | A D | C D | C D | C D | C D | C A | A | A | A | A | A |
| 92300186328 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | HI | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/03/2025 | Resolved | finding-3367 | Compliance | RESPA Homeownership Counseling Organizations Disclosure Date Test | 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 three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); or The homeownership counseling organizations disclosure date is after the closing date. 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. 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 from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 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: As not being open on Sunday As not being open on Saturday 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. Please note: This test does not validate the content of any list of homeownership counseling organizations. Homeownership Counseling Organizations disclosure date 5/14/2025, that is not within three business days of the loan originator's application date, XX/XX/XXXX. | Document Uploaded. | 07/17/2025 | HOC dated within 3 days of consummation provided; Exception resolved; HOC dated within 3 days of consummation provided; Exception resolved | 07/17/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 738 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 2.45 years on job.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 31.58% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 31.58% is less than Guideline LTV of 80% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 92300186328 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | HI | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/03/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 738 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 2.45 years on job.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 31.58% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 31.58% is less than Guideline LTV of 80% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 92300186328 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | HI | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/03/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 738 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 2.45 years on job.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 31.58% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 31.58% is less than Guideline LTV of 80% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE1316 | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd Party VOE Prior to Close Missing The file does not contain a VOE verifying the existence of B1's business dated within 30 days of the note date. | Document Uploaded. | 07/10/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided; CPA letter dated within 30 days of closing verifies borrower 1 self-employment. Verification of CPA license was also received.  | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE1437 | Credit | Income and Employment Do Not Meet Guidelines | Income and Employment Do Not Meet Guidelines The file does not contain business verification from a CPA or Operations agreement verifying borrower owns 50% of the business. | uploaded | 07/10/2025 | Income and Employment Meet Guidelines; CPA letter dated within 30 days of closing verifies borrower 1 self-employment with 50% ownership. Verification of CPA license was also received.  | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing The file does not contain a gap credit report dated within 30 days of the note date. | Document Uploaded. | 07/10/2025 | Borrower 1 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated within 30 days of closing received. | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE5783 | Credit | Borrower 2 Gap Credit Report is Missing | Borrower 2 Gap Credit Report is Missing The file does not contain a gap credit report dated within 30 days of the note date. | uploaded | 07/10/2025 | Borrower 2 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated within 30 days of closing received. | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE5784 | Credit | Borrower 3 Gap Credit Report is Missing | Borrower 3 Gap Credit Report is Missing The file does not contain a gap credit report dated within 30 days of the note date. | uploaded | 07/10/2025 | Borrower 3 Gap Credit Report is not missing.; Undisclosed debt monitoring report dated within 30 days of closing received. | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE0360 | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The Verification of Rent from B3 indicates that the B1 paid rent verified with XXXX payments. The file does not contain a copy of the XXXX statement verifying these payments that was provided per the LOE and approval. | Document Uploaded. ; Document Uploaded. | 07/23/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present.; Received lender's comments regarding rent free letter. VOR and 12 months payments is present. ; Received a rent-free letter indicating Borrower 1 lives rent free, however a VOR in file completed by borrower 3 indicates borrower 1 rents with a rental amount of $1205 and several Venmo payments were present. Provide clarification about borrower 1 housing as conflicting information was provided and updated 1003 applications with updated housing info if applicable. | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FCRE1164 | Credit | Flood Insurance Policy Missing | Missing Flood Insurance Policy The file does not contain a copy of the required flood Insurance. | Document Uploaded. | 07/10/2025 | Flood Insurance Policy is fully present; Flood insurance policy for the subject property was received. | 07/25/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | finding-3652 | 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 ($31,207.50) does not exceed or equal the comparable sum of specific and non-specific lender credits ($32,850.00). 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 130b Cure Required. Lender credit decreased from $32850.00 on initial CD 6/16/2025 to $31207.50 on the final CD 6/24/2025 without a valid COC. Please provide a valid COC or cure package. | Document Uploaded. ; Document Uploaded. | 07/16/2025 | Valid COC provided; Exception resolved; Valid COC provided; Exception resolved; The COC provided was dated 6/16/2025, however the lender credits decreased to $31,207.50 on the final CD | 07/16/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | finding-3352 | 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. HPML compliant |  |  | HPML is compliant. Appraisal and escrow requirements met. | 07/16/2025 | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92010184747 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/07/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 26.22% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 742 is greater than Guideline minimum FICO of 720<br>Borrower has stable job time - Borrower has 3.07 years on job. A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92300187725 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/15/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Primary residence per 1003, "Own" is in XXXX, no information or history in file; 12 months housing history required or evidence property is free & clear and Tax, Ins and HOA if applicable | XXXX | 07/28/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing | 08/07/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187725 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/15/2025 | Resolved | FCRE1157 | Credit | Hazard Insurance Policy is Missing | Missing Hazard Insurance Policy Hazard Insurance Policy is missing | Document Uploaded. | 07/28/2025 | Hazard Insurance Policy is fully present | 08/07/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187725 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/28/2025 | Resolved | FCRE0377 | Credit | The Total Hazard Coverage is LESS than the Required Coverage Amount | The hazard insurance dwelling coverage of ($134800) is insufficient, not meeting the required coverage amount of ($XXXX). | Document Uploaded. | 08/04/2025 | The Total Hazard Coverage is greater than or equal to the Required Coverage Amount; Evidence of replacement cost provided. | 08/07/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187725 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/15/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187725 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/16/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187724 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/15/2025 | Resolved | FCRE5116 | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Primary residence per 1003, "Own" is in XXXX, no information or history in file; 12 months housing history required or evidence property is free & clear and Tax, Ins and HOA if applicable | Document Uploaded. ; Document Uploaded. | 07/28/2025 | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing; Reviewed original cure documentation provided by the lender and see that there was verbiage on pg 8 of 9 that referenced the bank allowed for the alternative/replacement scenarios . This documents the time the bank did not require payment from 7/2024-11/2024.; The lender has provided evidence of mortgage payments made 1/2024-6/2024. Missing payments from 7/2024-11/2024. Per auditor's google search the forbearance/deferment is only permitted in XXXX if the lender allows. Please include documentation to confirm that the deferment/forbearance was allowed as well as documentation to prove that $2309.39/month is the actual payment amount due on the borrower's primary residence in XXXX. | 07/28/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187724 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/16/2025 | Resolved | FCRE1182 | Credit | Approval/Underwriting Summary Not Provided | Missing Approval/Underwriting Summary. | Document Uploaded. | 07/22/2025 | Approval/Underwriting Summary is fully present; 1008 received for the borrower/subject property. | 07/28/2025 | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A B | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187724 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/15/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187724 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/16/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300188047 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/23/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements Per letter of explanation in file, the borrower pays the mortgage directly to the servicer of the landlord. A VOR was provided and a mortgage statement to verify the landlord's name. However per guidelines: If the borrower is making payments to an individual or interested party, one of the following is required:<br> • A VOM/VOR along with the most recent 6 months of cancelled checks or bank statements is required. Please provide a copy of the borrowers direct payments to the servicer.  | Document Uploaded. ; Document Uploaded. | 08/04/2025 | Six months bank statements confirming payments received. Condition cleared; Housing History Meets Guideline Requirements; Three months bank statements from the borrower validates borrower's payment to the servicer. According to the lender guidelines the most recent 6 months of cancelled checks or bank statements is required. Condition remains. | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 12.64% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.21 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 734 is greater than Guideline minimum FICO of 700 A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 92300188047 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/23/2025 | Resolved | FCRE1182 | Credit | Approval/Underwriting Summary Not Provided | Missing Approval/Underwriting Summary. | Document Uploaded. | 07/25/2025 | Approval/Underwriting Summary is fully present; 1008 Underwriting and Transmittal Summary was received. | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 12.64% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.21 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 734 is greater than Guideline minimum FICO of 700 A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 92300188047 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/23/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. Provide evidence the e-consent was received on or prior to 06/17/2025. The e-consent provided is dated after the earliest e-signature. | Document Uploaded. | 07/25/2025 | Evidence of eConsent is provided. | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 12.64% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.21 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 734 is greater than Guideline minimum FICO of 700 A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 92300188047 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/23/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 12.64% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.21 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 734 is greater than Guideline minimum FICO of 700 A | B | A C | B C A | B C A | B C A | B C A | B A | A | A | A | A | A |
| 92010186528 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/31/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The file is missing the tax statement and the lease agreement for the property located at XXXX. The file is missing the Insurance Statement for the property located at XXXX, and the Property at XXXX | Document Uploaded. Rebuttal: Borr clarified they do not own this property. Online sources show that this address is associated with " XXXX", and is vacant land. ; Document Uploaded. Rebuttal: The rental income has been removed and an updated 1008/1003 is attached along with confirmation of no HOA.; Document Uploaded. | 08/14/2025 | Lender validates per internet printout XXXX is vacant land. ; Received updated1003 application and 1008 approval. Missing insurance for XXXX; Documents reviewed. Missing lease agreement for XXXX Missing insurance for XXXX | 08/19/2025 | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed. - Calculated DTI of 35.64% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is greater than Guideline minimum FICO of 760 A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92010186528 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/31/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed. - Calculated DTI of 35.64% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is greater than Guideline minimum FICO of 760 A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92010186528 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | WA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/31/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90%<br>Qualifying DTI below max allowed. - Calculated DTI of 35.64% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is greater than Guideline minimum FICO of 760 A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92010182547 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/31/2025 | Resolved | FPRO1140 | Property | Subject property appraisal is not on an as-is basis (Secondary Value) | Secondary Value for Subject Property Appraisal is not on an As-Is Basis Missing completion certificate for secondary appraisal from XXXX | Document Uploaded. | 08/05/2025 | Secondary Value for Subject Property Appraisal is completed on an As-Is Basis or Not Applicable | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 24.43% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 16.9 years on job. A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 92010182547 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM: Exempt | Loan Review Complete | 07/31/2025 | Resolved | FCRE7496 | Credit | Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments | Audit verification of taxes does not match Lender. Please provide verification of property taxes, hazard and HOA dues to match the estimated taxes, insurance and assessments on the final CD. / Final 1003 | Document Uploaded. | 08/05/2025 | ; Lender uploaded Insurance Dec Page and property taxes | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 24.43% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 16.9 years on job. A | A | A D C | A D C | A D C | A D C | A D C | A | A | A | A | A | A |
| 90080185041 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/30/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has 8.19 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 29.11% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 90080185041 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/30/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 8.19 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 29.11% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 90080185041 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 07/31/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Borrower has stable job time - Borrower has 8.19 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 29.11% is less than Guideline DTI of 50% A | A | A | A | A | A | A | A | A | A | A | A | A |
| 92300187502 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | ATR/QM: Exempt | Loan Review Complete | 08/01/2025 | Resolved | FCRE7497 | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | The file does not contain a Hazard Insurance Statement for the property located at XXXX | Document Uploaded. | 08/08/2025 | Hazard Insurance Statement for the property located at XXXX was received. | 08/11/2025 | Qualifying DTI below max allowed. - Calculated DTI of 11.77% is less than Guideline DTI of 80%<br>Borrower has stable job time - Borrower has 5.98 years on job.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.69% is less than Guideline CLTV of 80% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187502 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CO | ATR/QM: Exempt | Loan Review Complete | 08/01/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 11.77% is less than Guideline DTI of 80%<br>Borrower has stable job time - Borrower has 5.98 years on job.<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 57.69% is less than Guideline CLTV of 80% A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92010185891 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Cured | finding-3634 | Compliance | Charges That Cannot Increase Test | Refund in the amount of $1,000.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $1,000.00 is due to increase from $0 to 1,000.00 for the 2nd appraisal fee. A COC is required to determine if this was a valid increase. 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 $1,000.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | Document Uploaded. | 08/26/2025 | Cure package provided to the borrower; exception downgraded to a 2/B | 08/27/2025 | Qualifying DTI below max allowed. - Calculated DTI of 15.45% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 11.47 years on job. A | C | B C A | C B A | C B A | C B A | C B A | C B A | B A | B A | B A | B A | B |
| 92010185891 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Resolved | FCRE1183 | Credit | Approval/Underwriting Summary Partially Provided | Approval/Underwriting Summary Partially Provided. Final 1008 is missing | Document Uploaded. | 08/06/2025 | Approval/Underwriting Summary is fully present | 08/07/2025 | Qualifying DTI below max allowed. - Calculated DTI of 15.45% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 11.47 years on job. A | C | B C A | C B A | C B A | C B A | C B A | C B A | B A | B A | B A | B A | B |
| 92010185891 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Qualifying DTI below max allowed. - Calculated DTI of 15.45% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 11.47 years on job. A | C | B C A | C B A | C B A | C B A | C B A | C B A | B A | B A | B A | B A | B |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing which is required to be within 30 days of the Note date. | Document Uploaded. | 08/13/2025 | Borrower 1 Gap Credit Report is not missing.; Credit refresh dated within 30 days of closing indicates no credit history changes and no new inquiries. | 08/21/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Resolved | FCRE1440 | Credit | Housing History Does Not Meet Guideline Requirements | Housing History Does Not Meet Guideline Requirements The file does not contain a VOM verifying 0x30x12 for the loan with XXXX paid off at closing. | Document Uploaded. Credit Supplement provided | 08/20/2025 | Housing History Meets Guideline Requirements; Gap credit report provided showing 0x30x12, condition cleared. | 08/21/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FCOM1266 | Compliance | Homeownership Counseling Disclosure Is Missing | Homeownership Counseling Disclosure Is Missing Please provide Homeownership Counseling Disclosure. | Document Uploaded. | 08/13/2025 | Homeownership Counseling Disclosure Is Present or Not Applicable | 08/21/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FCOM3608 | Compliance | Intent to Proceed is Missing | The intent to proceed is missing. The intent to proceed is missing. | Document Uploaded. | 08/13/2025 | Proof of Intent to Proceed has been provided. | 08/21/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FCOM5135 | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing | Document Uploaded. | 08/13/2025 | Required Affiliated Business Disclosure Documentation Provided | 08/21/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | finding-3634 | Compliance | Charges That Cannot Increase Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $703.63.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 $703.63, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The tolerance is due to addition of Survey Fee from LE 6/6/2025 to CD 7/24/2025. | Please provide more clarification as to what is required to clear condition.; Document Uploaded. ; Document Uploaded. ; Document Uploaded. | 08/18/2025 | PCCD provided; Exception resolved; Confirm if the survey fee in section B was a required services as this was disclosed in section B and disclosed on the LE as a non required service | 08/18/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | finding-3352 | 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. HPML compliant- Appraisal requirement met |  |  | HPML is compliant. Appraisal and escrow requirements met. | 08/18/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | finding-3635 | Compliance | Charges That In Total Cannot Increase More Than 10% Test | This loan failed the charges that in total cannot increase more than 10% 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 10% ($2,762.10) exceed the comparable charges ($2,419.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required: Cure of $101.20 required for charges that in total cannot increase more than 10%. The Service Provide List is missing; therefore, title charges were tested as 10%. Please provide the SSPL for proper testing or cure. Cure requires PCCD, LOE, copy of refund check, and proof of mailing. | Document Uploaded. | 08/13/2025 | SSPL provided; Exception resolved; This loan failed the charges that in total cannot increase more than 10% 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 10% ($2,762.10) exceed the comparable charges ($1,944.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). | 08/15/2025 | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92400186587 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/04/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 3.35 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 727 is greater than Guideline minimum FICO of 680<br>Qualifying DTI below max allowed. - Calculated DTI of 35.9% is less than Guideline DTI of 50% A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| 92300187991 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FCRE5782 | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing which is required to be within 30 days of the Note date. | Document Uploaded. | 08/06/2025 | Borrower 1 Gap Credit Report is not missing.; Lender uploaded UNDISCLOSED DEBT NOTIFICATIONS REPORT | 08/07/2025 | Borrower has stable job time - Borrower has 9.12 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 773 is greater than Guideline minimum FICO of 740 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187991 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FCOM8997 | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | Borrower has stable job time - Borrower has 9.12 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 773 is greater than Guideline minimum FICO of 740 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92300187991 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/05/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 9.12 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 773 is greater than Guideline minimum FICO of 740 D A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| 92010186630 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/07/2025 | Resolved | FCOM9186 | Compliance | eSigned Documents Consent is Missing | The eSigned consent disclosure is missing. Provide the e-consent date on or prior to 06/04/2025 which is the earliest e-signed document. | Document Uploaded. | 08/11/2025 | Evidence of eConsent is provided. | 08/12/2025 | Borrower has stable job time - Borrower has 20.59 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010186630 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/07/2025 | Resolved | finding-3352 | 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. HPML compliant |  |  | HPML is compliant. Appraisal and escrow requirements met. | 08/07/2025 | Borrower has stable job time - Borrower has 20.59 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010186630 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/07/2025 | Resolved | FCRE8999 | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |  |  |  |  | Borrower has stable job time - Borrower has 20.59 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010186630 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | GA | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | 08/07/2025 | Resolved | FPRO8998 | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  |  |  |  | Borrower has stable job time - Borrower has 20.59 years on job. A | B | A B | B A | B A | B A | B A | B A | A | A | A | A | A |
| 92010184632 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 07/07/2025 | Resolved | 9533061381 | Credit | Background Check Missing or Defective | Missing Background Report for both guarantors: XXXX | XXXX | 07/09/2025 | 20250710: Received trailing docs | 07/10/2025 | 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 |
| 92010184632 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 07/07/2025 | Resolved | 9533063527 | Property | Completion Report or 1004D - Missing | Missing 1004D Appraisal update for subject property: XXXX | XXXX | 07/09/2025 | 20250710: Received trailing docs | 07/10/2025 | 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 |
| 92010184632 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 07/07/2025 | Resolved | 9533070722 | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance for subject property located at:XXXX | XXXX | 07/09/2025 | 20250710: Received trailing docs | 07/10/2025 | 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 |
| 92300186229 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM Exempt | Loan Review Complete | 07/09/2025 | Resolved | 92300186229-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92300186093 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM Exempt | Loan Review Complete | 07/09/2025 | Resolved | 92300186093-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400185877 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | ND | ATR/QM Exempt | Loan Review Complete | 07/11/2025 | Resolved | 92400185877-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400181652 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 07/21/2025 | Resolved | 92400181652-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400186527 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 07/29/2025 | Resolved | 92400186527-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92010186814 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NJ | ATR/QM Exempt | Loan Review Complete | 07/30/2025 | Resolved | 9710368069 | Credit | Background Check Missing or Defective | Missing criminal record on Background Report |  |  | 20250731: Per NQM overlay borrower's criminal record is not required. | 07/31/2025 | 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 |
| 92010184630 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | VT | ATR/QM Exempt | Loan Review Complete | 08/06/2025 | Resolved | 92010184630-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400186656 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 08/07/2025 | Resolved | 92400186656-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400185198 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 06/11/2025 | Resolved | 9354615937 | Credit | Background Check Missing or Defective | Missing Background Report for XXXX | XXXX | 06/17/2025 | 20250617: Received trailing docs | 06/17/2025 | 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 |
| 92400185198 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 06/11/2025 | Resolved | 9354617186 | Property | Flood Insurance Missing or Defective | Missing Flood Insurance for property located at: XXXX | XXXX | 06/17/2025 | 20250617: Received trailing docs | 06/17/2025 | 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 |
| 92010182582 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | ATR/QM Exempt | Loan Review Complete | 06/16/2025 | Resolved | 9385479870 | Credit | Background Check Missing or Defective | Missing Background Report | XXXX | 06/18/2025 | 20250618: Received trailing docs | 06/18/2025 | 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 |
| 92010182582 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | ATR/QM Exempt | Loan Review Complete | 06/16/2025 | Resolved | 9385927795 | Credit | Insufficient Assets to Close | $3,877.78 assets < $156,692.74 minimum liquidity required. Please provide additional assets. | XXXX | 06/18/2025 | 20250618: Received trailing docs | 06/18/2025 | 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 |
| 92010182582 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | NY | ATR/QM Exempt | Loan Review Complete | 06/16/2025 | Resolved | 9386149936 | Property | Hazard Insurance Missing or Defective | Missing Hazard Insurance for Property Located at: XXXX | XXXX | 06/18/2025 | 20250618: Received trailing docs | 06/18/2025 | 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 |
| 92300186070 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | PA | ATR/QM Exempt | Loan Review Complete | 06/23/2025 | Resolved | 92300186070-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92300186278 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | TX | ATR/QM Exempt | Loan Review Complete | 06/25/2025 | Resolved | 92300186278-01 | Credit | No Credit Findings | The loan meets all applicable guidelines |  |  |  |  | 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 |
| 92400182722 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 06/26/2025 | Resolved | 9463790419 | Credit | Background Check Missing or Defective | Missing Background Report For: XXXX | XXXX | 06/27/2025 | 20250627: Received BG | 06/27/2025 | 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 |
| 92400182722 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | FL | ATR/QM Exempt | Loan Review Complete | 06/26/2025 | Resolved | 9463921932 | Property | Appraisal Review - Missing | Missing Appraisal Review for subject property: XXXX | XXXX | 06/27/2025 | 20250627: Received CDA | 06/27/2025 | 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 |
| 2502146798 |  | XXXX | XXXX | XX/XX/XXXX | XXXX | CA | ATR/QM Exempt | Loan Review Complete | 03/27/2025 | Resolved | 8801340114 | Property | Completion Report or 1004D - Missing | Misisng 1004D for subject property located at: XXXX | Hi, please see corrected Appraisal showing "As-Is" | 04/16/2025 | 20250422: Received | 04/22/2025 | 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 |

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## Exhibit 99.5

**Exhibit 99.5 Schedule 3**

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| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| 2503149326 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.9 |  |
| 6000053581 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 75.0 | 75.0 | XXXX | XXXX | .0316 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0316 | XXXX | Reasonable | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 2750003079 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | 0 | .0000 | Enhanced Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Adequate | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| 92300186497 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 85.0 | 85.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 92010177451 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 69.71 | 69.71 | XXXX | XXXX | .0098 | 1004 URAR |  |  |  |  | XXXX | XXXX | .0098 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.6 |  |
| 92300186699 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| 92300186671 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 |  |
| 92010185269 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 |  |  |  |  | XXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 |  |
| 92400186003 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.9 |  |
| 92010185551 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92300186328 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 31.58 | 31.58 | XXXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| 92010184747 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92300187725 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92300187724 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 62.5 | 62.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92300188047 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92010186528 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | -.0002 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0002 | 94.0 | 0.06 | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92010182547 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| 90080185041 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 78.13 | 78.13 | XXXX | XXXX | .0549 | AVM |  |  |  |  | XXXX | XXXX | .0000 | XXXX | 1004 URAR | XXXX | XXXX | .0549 | 96.0 | 0.04 | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| 92300187502 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 57.69 | 57.69 |  |  |  |  |  |  |  |  | XXXX | XXXX | .1335 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| 92010185891 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  | XXXX | XXXX | .0233 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| 92400186587 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 80.0 | 80.0 | XXXX | XXXX | -.1316 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.1316 | 84.0 | 0.16 | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| 92300187991 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 74.58 | 74.58 | XXXX | XXXX | -.0508 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0508 | XXXX | Moderate Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.4 |  |
| 92010186630 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | 90.0 | 90.0 |  |  |  |  |  |  |  |  | XXXX | XXXX | .0141 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| 92010184632 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | 1004 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 92300186229 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 71.4 | 71.4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 92300186093 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 92400185877 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 | XXXX | 85.0 | 85.0 | XXXX | 0 | .0000 | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92400181652 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  |  |  | Eligible | 1 |  |
| 92400186527 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 60.0 | 60.0 | XXXX | XXXX | -.0644 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0644 | 86.0 | 0.14 | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 |  |
| 92010186814 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 60.0 | 60.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| 92010184630 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 | XXXX | 75.0 | 75.0 | XXXX | 0 | .0000 | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92400186656 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 70.0 | 70.0 | XXXX | XXXX | .0579 | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0579 | 98.0 | 0.02 | XXXX | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XX/XX/XXXX |  |  |  | Not Eligible |  |  |
| 92400185198 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 64.3 | 64.3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| 92010182582 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| 92300186070 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 | XXXX | 69.7 | 69.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 92300186278 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1004 | XXXX | 57.6 | 57.6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.2 |  |
| 92400182722 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | 1025 | XXXX | 57.8 | 57.8 | XXXX | 0 | .0000 | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2502146798 |  |  | XX/XX/XXXX | XXXX | XXXX | 0 | XXXX | XX/XX/XXXX | URAR Form 1004 Form 70 | XXXX | 57.1 | 57.1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |

---

## Exhibit 99.5

**Exhibit 99.5 Schedule 4**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 2503149326 |  | Number of Borrowers | 2 | 1 | per note |
| 2503149326 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | per initial application |
| 2503149326 |  | Qualifying Total Debt Income Ratio | 11.99 | 22.29 | per debts |
| 6000053581 |  | Originator Doc Type | 1YR Business P&L | ALT DOC | Coding. |
| 6000053581 |  | Reviewed Appraised Property Value | XXXX | XXXX | Review appraisal value is $XXXX |
| 6000053581 |  | Qualifying Total Reserves Number of Months | 51.16 | 49.00 | Added back the EM. |
| 6000053581 |  | Borrower Appraisal Receipt Date | XX/XX/XXXX | XX/XX/XXXX | Data entry. |
| 2750003079 |  | Originator Doc Type | 12 Month Bank Statement | ALT DOC | Doc type selected from drop down. |
| 2750003079 |  | Qualifying FICO | 774 | 743 | FICO score verified from credit report for Primary Wage earner. |
| 2750003079 |  | Total Liquid Assets Available For Close | 904524.1 | 1104920.22 | Liquid assets verified via asset docs. |
| 2750003079 |  | Total Qualified Assets Available | 942488.7 | 2562260.42 | Assets verified via asset docs. |
| 2750003079 |  | Qualifying Total Reserves Number of Months | 51.17 | 63.00 | Reserves verified. |
| 2750003079 |  | Qualifying Total Monthly Liabilities | 20508.68 | 20840.67 | Liabilities verified from credit report and REO. |
| 2750003079 |  | Borrower Appraisal Receipt Date | XX/XX/XXXX | XX/XX/XXXX | Appraisal receipt date verified. |
| 92300186497 |  | MIN No | XXXX | XXXX | Verified to Mortgage |
| 92300186497 |  | Property Value | XXXX | XXXX | Verified to appraised value vs purchase price |
| 92300186497 |  | Qualifying All Borrower Residual Income | 15685.99 | 24880.02 | Based verified income and total debts |
| 92010177451 |  | Qualifying Total Reserves Number of Months | 77.24 | 53.04 | Missing Asset documentation. |
| 92010177451 |  | Qualifying All Borrower Residual Income | 29994.31 | 69291.30 | Confirmed with bank statements provided for income verification and Credit Report. Missing evidence of the Borrower's ownership percentage and explanation of deposits. |
| 92300186699 |  | Property County | XXXX | XXXX | Confirmed with Deed of Trust. |
| 92300186699 |  | Property Value | XXXX | XXXX | Confirmed with Appraisal Report. |
| 92300186699 |  | Verified Doc Type | Asset Depletion – Debt Ratio Calculation | 1YR Full Doc | Confirmed with Loan Approval and documents provided. Subject used Asset Utilization as source of income. |
| 92300186699 |  | Qualifying All Borrower Residual Income | 13867.87 | 20912.61 | Confirmed with Income documents, Asset Utilization and Credit Report. |
| 92300186671 |  | MIN No | XXXX | XXXX | Verified to Mortgage |
| 92300186671 |  | Property Value | XXXX | XXXX | Verified to appraised value vs purchase price |
| 92300186671 |  | Qualifying All Borrower Residual Income | 18005.26 | 31926.33 | Based on verified income and total debts |
| 92010185269 |  | Qualifying FICO | 778 | 760 | Primary Wage Earner score is to be used per NQMG guidelines page 67. |
| 92010185269 |  | Qualifying Total Reserves Number of Months | 67.16 | 62.24 | 3 months reserves are required per NQMF guidelines. |
| 92010185269 |  | Qualifying All Borrower Residual Income | 15347.12 | 22934.99 | No residual income required when DTI<43% or not a HPML loan. |
| 92400186003 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Confirmed with Initial 1003. |
| 92400186003 |  | Property Value | XXXX | XXXX | Confirmed with Appraisal Report. |
| 92400186003 |  | Verified Doc Type | 12 Month Bank Statement | W2/1099 Verified | Confirmed with Loan Approval. |
| 92400186003 |  | Qualifying Total Reserves Number of Months | 30.06 | 30.38 | Confirmed with bank statements provided. |
| 92400186003 |  | Qualifying All Borrower Residual Income | 7004.96 | 7034.29 | Confirmed with Income documents, bank statements provided for income verification and Credit Report. |
| 92010185551 |  | Margin | 4.5 | -1.750 | Note |
| 92010185551 |  | Index | 4.312 | SOFR_30DayAvg | Index used is 4.312 |
| 92010185551 |  | Property Value | XXXX | XXXX | Per the 1008 appraisal value, the lower purchase price is $XXXX |
| 92010185551 |  | Qualifying All Borrower Residual Income | 11328 | 12942.08 | Income and liabilities |
| 92300186328 |  | MIN No | XXXX | XXXX | Verified to Mortgage |
| 92300186328 |  | Property County | XXXX | XXXX | Verified to Mortgage |
| 92300186328 |  | Qualifying All Borrower Residual Income | 5425.89 | 5866.19 | Manual calculation. Total income minus total monthly debt. |
| 92010184747 |  | Qualifying Total Reserves Number of Months | 15.63 | 20.24 | Assets provided |
| 92010184747 |  | Qualifying All Borrower Residual Income | 91488.79 | 110263.36 | Income and liabilities |
| 92300187725 |  | Loan Type | DSCR | Conventional | Verified to Lock |
| 92300187725 |  | MIN No | XXXX | XXXX | Verified to Mortgage |
| 92300187725 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per initial application |
| 92300187725 |  | Verified Doc Type | Debt Service Coverage Ratio | Other | Verified to Lock |
| 92300187725 |  | Calculated DSCR | 1.126 | 1.12 | Verified to actual rent and fully amortized PITI |
| 92300187725 |  | Qualifying All Borrower Residual Income | -52.01 | 1182.14 | Verified to Doc type- residual income not required |
| 92300187724 |  | Loan Type | DSCR | Conventional | Verified to Lock |
| 92300187724 |  | MIN No | XXXX | XXXX | Verified to Mortgage |
| 92300187724 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Verified to Compliance entry |
| 92300187724 |  | Verified Doc Type | Debt Service Coverage Ratio | Other | Verified to Lock |
| 92300187724 |  | Calculated DSCR | 1.097 | 1.09 | Verified to actual rent/market rent and fully amortized PITI |
| 92300187724 |  | Qualifying All Borrower Residual Income | -2019.71 | 549.44 | Verified to Doc type- residual income not required |
| 92300188047 |  | MIN No | XXXX | XXXX | Per mortgage |
| 92300188047 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Per initial application |
| 92300188047 |  | Property Value | XXXX | XXXX | Purchase price less than appraised value |
| 92300188047 |  | Qualifying All Borrower Residual Income | 88263.92 | -4079.24 | Income less expenses |
| 92010186528 |  | Qualifying FICO | 783 | 764 | Primary wage earners middle score per the guidelines |
| 92010186528 |  | Qualifying Total Reserves Number of Months | 20.11 | 21.63 | Verified with the assets |
| 92010186528 |  | Qualifying All Borrower Residual Income | 29731.24 | -2967.49 | Income and liabilities |
| 92010182547 |  | Qualifying Total Reserves Number of Months | 17.8 | 6.33 | Per assets |
| 92010182547 |  | Qualifying All Borrower Residual Income | 128258.05 | 147374.70 | Per monthly income less all debts |
| 90080185041 |  | Qualifying CLTV | 78.13 | 78.12 | Confirmed with Appraisal Report. |
| 90080185041 |  | Qualifying LTV | 78.13 | 78.12 | Confirmed with Appraisal Report. |
| 90080185041 |  | Qualifying Total Reserves Number of Months | 13.74 | 17.53 | Confirmed with bank statements provided. |
| 90080185041 |  | Qualifying All Borrower Residual Income | 92986.34 | 109467.72 | Confirmed with bank statements provided for income verification and Credit Report. |
| 92300187502 |  | MIN No | XXXX | XXXX | Verified with the Security Instrument |
| 92300187502 |  | Property Value | XXXX | XXXX | Verified with the appraisal |
| 92300187502 |  | Qualifying CLTV | 57.69 | 50.90 | Verified with the appraisal and 1008 |
| 92300187502 |  | Qualifying LTV | 57.69 | 50.90 | Verified with the appraisal and 1008 |
| 92300187502 |  | Qualifying All Borrower Residual Income | 637093.65 | 536899.53 | Income and liabilities |
| 92010185891 |  | Verified Doc Type | CPA Verified | 2YR Full Doc | Per the C{A verification of income |
| 92010185891 |  | Qualifying Total Reserves Number of Months | 30.86 | 49.07 | Verified with the assets |
| 92010185891 |  | Qualifying All Borrower Residual Income | 329193.65 | 364386.22 | Income and liabilities |
| 92400186587 |  | MIN No | XXXX | XXXX | Verified with the Security Instrument |
| 92400186587 |  | Application Date | XX/XX/XXXX | XX/XX/XXXX | Initial 1003 |
| 92400186587 |  | Qualifying Total Reserves Number of Months | 73.19 | 98.26 | Assets and cash out. |
| 92400186587 |  | Qualifying All Borrower Residual Income | 4922.67 | 5746.66 | Income and Liability |
| 92300187991 |  | MIN No | XXXX | XXXX | Confirmed with Deed of Trust. |
| 92300187991 |  | Qualifying All Borrower Residual Income | 18475.44 | 27425.30 | Confirmed with Income documentation and Credit Report. |
| 92010186630 |  | Qualifying Total Reserves Number of Months | 22.5 | 20.37 | Verified with the asset statement |
| 92010186630 |  | Qualifying All Borrower Residual Income | 7284.81 | 8541.80 | Income and liabilities |
| 92300186229 |  | DSCR | 1.18 | 1.00 | $2,700.00 gross rents / $2,280.12 PITIA =1.18 DSCR |
| 92300186229 |  | T & I Payment | 617.03 | 550.00 | $490.95 taxes + $80.25 insurance + $45.83 = $617.03 TIA |
| 92300186093 |  | DSCR | 1.04 | 1.00 | $1800.00 gross rents / $1,729.58 PITIA =1.04 DSCR |
| 92300186093 |  | Mo Pymt (P&I) | 1268.99 | 1683.05 | P&I is $1268.99 per note in file |
| 92300186093 |  | T & I Payment | 460.59 | 317.00 | $377.01 taxes + $83.58 insurance = $460.59 TIA |
| 92400186656 |  | Origination Date | XX/XX/XXXX | XX/XX/XXXX | Note date XX/XX/XXXX |
| 92300186070 |  | T & I Payment | 266.60 | 226.00 | $129.77 taxes + $136.83 insurance = $266.60 TIA |
| 92300186278 |  | DSCR | 1.11 | 1.00 | $3,200 gross rents / $2,894.51 PITIA = 1.11 DSCR |
| 92300186278 |  | T & I Payment | 1131.64 | 1074.00 | $805.81 taxes + $262.08 insurance + $63.75 HOA = $1,131.64 TIA |

---

## Exhibit 99.6

**Exhibit 99.6**

![](ex99-6_003.jpg)

NRMLT 2025-NQM7

Rithm Capital Corp.

## Opus Capital Markets Consultants, LLC
300 Tri-State International – Suite 320 \| Lincolnshire, IL 60069 \| <u>www.opuscmc.com</u> \| 224.632.1300

**Executive Narrative**

**November 25, 2025**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

**For** 

**Rithm Capital Corp.**

The report summarizes the results of a due diligence review performed on a pool of 399 loans provided by Rithm Capital Corp. ("Customer") who provided Opus Capital Markets Consultants, LLC ("Consultant") with a data tape, from which 100% of the loan sample was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed credit and compliance review of all loans.

As detailed herein, the pool contains two hundred eight (208) Non-QM loans and one hundred ninety-one (191) ATR/QM Exempt loans, of which one hundred forty (140) are DSCR loans and fifty-one (51) are Business Purpose loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

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

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

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

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

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

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

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

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

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

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

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

**Document Review**

**Document Review**

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

**a) Collateral Docs**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· Conveyance
Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest
of the subject parties is detailed on the deed.<br>

**b) Closing Docs**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Estimate: If required verify the presence of the current Loan Estimate
(LE) at the time of origination

&nbsp;&nbsp;&nbsp;&nbsp;· Closing
Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

**c) Credit Docs**

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Application: Verify the presence and completeness of both the initial
and final loan applications.

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;· Asset Documentation: Verify the presence of asset documentation required
by the Client provided underwriting guidelines in the loan file.

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

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

**Regulatory Compliance**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Additional Disclosures and Requirements:**

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

&nbsp;&nbsp;&nbsp;&nbsp;· Servicing Transfer Disclosure (for applications prior to 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the presence of the Servicing Transfer Disclosure form in file

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the presence of the Home Loan Tool Kit is in file for covered loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the Home Loan Tool Kit is provided within three general business
days of application

&nbsp;&nbsp;&nbsp;&nbsp;· Affiliated Business Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the presence of the Affiliated Business Disclosure in file in the
event the lender has affiliated business arrangements

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the Affiliated Business Disclosure is executed.

&nbsp;&nbsp;&nbsp;&nbsp;· Initial Escrow Disclosure Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the presence of the Initial Escrow Disclosure Statement in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm the Initial Escrow Disclosure Statement was provided at closing
or within 45 days after settlement

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

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

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

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

**Fair Credit Report Act (Regulation V)**

&nbsp;&nbsp;&nbsp;&nbsp;· Confirm that the lender has provided the borrower the risk-based pricing
notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a)
If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than
the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure
was provided before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;· Confirm that the lender has provided a copy of the disclosure of credit
score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations** **<br>** 

<br> In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.<br>

&nbsp;&nbsp;&nbsp;&nbsp;· Arkansas Home Loan Protection Act, Ark. Stat. Ann. § 23-53-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Colorado Consumer Equity Protection Act, Colo, Rev. Stat.
§ 5-3.5-101 et seq. .

&nbsp;&nbsp;&nbsp;&nbsp;· Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a-
746 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760
et seq. (as originally enacted and as amended by Senate Bill 949).

&nbsp;&nbsp;&nbsp;&nbsp;· District of Columbia Home Loan Protection Act, D.C. Official Code §
26-1151.01 et seq., as implemented by 20 D.C. Municipal Reg § 2000.1 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans
closed before July 1, 2014).

&nbsp;&nbsp;&nbsp;&nbsp;· 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).

&nbsp;&nbsp;&nbsp;&nbsp;· Idaho Residential Mortgage Practices Act, Idaho Code § 26-3101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Illinois High Risk Home Loan Regulations, 38 Ill. Admin. Code §345.10
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at
815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

&nbsp;&nbsp;&nbsp;&nbsp;· Illinois Predatory Lending Database Program, Public Act 95-0691 (SB 1167).

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code
of Ordinances § 34-341.

&nbsp;&nbsp;&nbsp;&nbsp;· Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House
Bill 4050 (2005).

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

&nbsp;&nbsp;&nbsp;&nbsp;· Section 16a-3-308a of the Kansas Consumer Credit Code, Kan. Stat. Ann. §16a.101
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Kansas Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;· Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages
(for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative
Documents 1869 (2007), 2125 (2008) and 1439 (2009).

&nbsp;&nbsp;&nbsp;&nbsp;· Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after
September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1;
12-127; 12- 409.1; 12-1029.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as
amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§
1 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter
183, §28C.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800
(15-17).

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§
32.00 et.seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Massachusetts Subprime ARMs to First Time Homebuyers, M.G.L. Chapter 184,
§17B.5.

&nbsp;&nbsp;&nbsp;&nbsp;· Michigan Consumer Mortgage Protection Act, Mich. Stat. Ann.
§ 445-1631 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et
seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

&nbsp;&nbsp;&nbsp;&nbsp;· Nebraska Mortgage Bankers Registration and Licensing Act, Neb. Stat §
45-702 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended
by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· New
Jersey Home Ownership Security Act of 2002, NJ Stat. Ann. § C:46:10B-22 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003),
codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· New York High-Cost Home Loan Regulations, 3 NYCCR Part 41 (2001).

&nbsp;&nbsp;&nbsp;&nbsp;· New York High-Cost Home Loan Act, N.Y. Bank.
L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· New York Subprime Home Loans Statute, NY Bank. Law § 6-m.

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

&nbsp;&nbsp;&nbsp;&nbsp;· Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185
(2006), and as codified in various sections of the Ohio Code.

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

&nbsp;&nbsp;&nbsp;&nbsp;· City of Cleveland Heights, Ohio, Anti-Predatory Lending
Ordinance, Ordinance No.
72-2003 (PSH), Mun. Code §§ 757.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Summit County, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 2004-618,
Muni. Code §§ 201.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified
in various sections of Title 14A of the Oklahoma Consumer Credit Code.

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

&nbsp;&nbsp;&nbsp;&nbsp;· Pennsylvania Consumer Equity Protection Act, 63 Pa. Cons. Stat. Ann. §
456.501 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Rhode Island Home
 Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking
 Regulation 3 (2007) and amended by Senate Bill 371 (2007).

&nbsp;&nbsp;&nbsp;&nbsp;· City of Providence, Rhode Island, Anti-Predatory Lending Ordinance, Chapter
2006-33, Ordinance No. 245.

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

&nbsp;&nbsp;&nbsp;&nbsp;· Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified
at Tenn. Code Ann. §§ 45-20-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Texas High-Cost Home Loan Statute, Tx. Fin. Code Ann. § 343.201 et
seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Section 50(a)(6), Article XVI of the Texas Constitution

&nbsp;&nbsp;&nbsp;&nbsp;· Section 50(f)(2), Article XVI of the Texas Constitution

&nbsp;&nbsp;&nbsp;&nbsp;· Utah Residential Mortgage Practices Amendments, Utah Code Ann. § 61-2c-102
et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Utah High-Cost Home Loan Act, Utah Code § 61-2d-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation B-98-2.

&nbsp;&nbsp;&nbsp;&nbsp;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Mortgage Lender and Broker Act (for loans originated on or after
July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Mortgage Lender and Broker Act (for loans originated on or after
October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

&nbsp;&nbsp;&nbsp;&nbsp;· Washington House Bill 2770, Mortgage Lending Ownership

&nbsp;&nbsp;&nbsp;&nbsp;· West Virginia Residential Mortgage Lender, Broker and Servicer
Act, W.Va. Code § 31-17 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. §
428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;· Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

&nbsp;&nbsp;&nbsp;&nbsp;· Loan is an extension of credit primarily for business, commercial or agricultural
purposes

&nbsp;&nbsp;&nbsp;&nbsp;· Loan is in a subordinate position to a senior lien secured by the same residential
improved real estate or mobile for which the borrower has obtained flood insurance

&nbsp;&nbsp;&nbsp;&nbsp;· Flood Insurance coverage for the residential real estate is provided by
a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The premium for which is paid by the condominium associate, cooperative, homeowners association, or other group as a common expense.

**Misrepresentation and Third-Party Review** **<br>** 

<br> Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:<br>

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:<br>

&nbsp;&nbsp;&nbsp;&nbsp;· Signatures: Validate signature consistency across documents. To the extent
imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

&nbsp;&nbsp;&nbsp;&nbsp;· Alerts: Assess credit report alerts for accuracy and potential issues.

&nbsp;&nbsp;&nbsp;&nbsp;· Social Security Numbers: Compare SSN(s) across all file documents.

&nbsp;&nbsp;&nbsp;&nbsp;· Document Integrity: Review for apparent alterations to loan documents. To
the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;· Data Consistency: Review the documents contained in the loan file for consistency
of data.

&nbsp;&nbsp;&nbsp;&nbsp;· Third Party Fraud Tools: To the extent a third party fraud tool is contained
in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.<br>

**Independent Third-Party Values**

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

&nbsp;&nbsp;&nbsp;&nbsp;· Property is complete

&nbsp;&nbsp;&nbsp;&nbsp;· Value is based on as-is condition or provides satisfactory completion of
all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued
with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made
or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;· Property is described in average or better condition

&nbsp;&nbsp;&nbsp;&nbsp;· No apparent appraiser independence violation statements

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal addresses any adverse comments

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal is completed on appropriate GSE Forms

&nbsp;&nbsp;&nbsp;&nbsp;· Appraisal contains required attachments.

&nbsp;&nbsp;&nbsp;&nbsp;· Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

&nbsp;&nbsp;&nbsp;&nbsp;· The individuals performing the above procedures are not person providing
valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as
appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or
Federal or State law.

&nbsp;&nbsp;&nbsp;&nbsp;· Opus makes no representation or warranty as to the value of the mortgaged
property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

&nbsp;&nbsp;&nbsp;&nbsp;· Opus is not an Appraisal Management Company ("AMC") and therefore
does not opine on the actual value of the underlying property.

&nbsp;&nbsp;&nbsp;&nbsp;· Opus is not a creditor within the meaning of the Equal Credit Opportunity
Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility
to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.**

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

&nbsp;&nbsp;&nbsp;&nbsp;· No apparent damage to the property

&nbsp;&nbsp;&nbsp;&nbsp;· Property appears to be occupied

**Data Compare** ****

<br> Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Appraised Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· CLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· FICO

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest Only

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest Rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Term

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Purpose

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· LTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Original Balance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property City

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property State

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sales Price

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Second Mortgage Lien Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Self Employed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Units

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Zip Code

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· QM Status

**Rating Agency Grading Criteria** **<br>** 

<br> **Fitch Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.<br>

**Moody's Investor Services Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.<br>

**Kroll Bond Rating Agency LLC Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.<br>

**S&P Global Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.<br>

**DBRS Morningstar Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria** ****

<br> 1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:<br>

**Opus Credit Grades<br>** 

<br> &nbsp;&nbsp;&nbsp;&nbsp;· Level 1 Credit Grade Definition: Loan was originated in accordance with
the mortgage loan originator underwriting guidelines without exception.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 2 Credit Grade Definition: Loan was originated in substantial compliance
with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 3 Credit Grade Definition: Loan was not originated in substantial
compliance with the originator's underwriting guidelines and there are insufficient compensating factors for the exceptions or is missing
material documentation.<br>

**Opus Property Grades<br>** 

<br> &nbsp;&nbsp;&nbsp;&nbsp;· Level 1 Property Grade Definition: Property value appears to be within 10%
of original appraised amount and there are no material deficiencies in the appraisal process.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 2 Property Grade Definition: Property value appears to be within 10%
of original appraised amount, but minor issues in the appraisal process were identified.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 3 Property Grade Definition: Property value does not appear to fall
within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing
material documentation.<br>

**Opus Compliance Grades**<br>

&nbsp;&nbsp;&nbsp;&nbsp;· Level 1 Compliance Grade Definition: Loan complies with all applicable laws
and regulations reviewed under the applicable scope of work.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 2 Compliance Grade Definition: There are minor issues regarding legal
and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan
documents and will not result in assignee liability to the investor.

&nbsp;&nbsp;&nbsp;&nbsp;· Level 3 Compliance Grade Definition: Loan is not in compliance with laws
and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION** ****

<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Borrower Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Co-Borrower Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· SSNs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property Address, City, County, MSA, Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Mailing Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Account Number, including Originator and Servicer Loan Number

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Origination Date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Names of Borrowers or any other Individuals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Company and Entity Names

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Financial Institution Names

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Job Position Titles

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Any Address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Any Location Information (other than state), including City, County, MSA
and Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Account Numbers of any type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Insurance Claim Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Insurance Policy Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Foreclosure Action dates and Case Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Bankruptcy Action dates and Case Numbers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Any reference that would allow the identification of the location of a property
(e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review** 

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

**Borrower Underwriting:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting
Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity
requirements meet Underwriting Guidelines, including OFAC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property management questionnaire:** Review the questionnaire to confirm management experience
meets Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents
are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents
are in the file).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines
per Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements
are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation
of DSCR

**Title Insurance Requirements are met per Guidelines only as follows** 

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage
amount in adherence to the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan
file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Loan Application: Verify the presence and completeness of both the initial and final loan applications.

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting
guidelines in the loan file.

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

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

**Compliance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· No compliance testing for the DSCR review.

**<u>Pool Details</u>**

Pool Details Loan Type % of Pool Count Type 100.00% 399 Non - Conforming 0.00% 0 Conforming - GSE Eligible 100.00% 399 Total Product Type % of Pool Count Type 99.00% 395 Fixed 1.00% 4 ARM 100.00% 399 Total Interest Rate % of Pool Count Type 3.01% 12 6.000 - 6.499 35.09% 140 6.500 - 6.999 27.57% 110 7.000 - 7.499 19.80% 79 7.500 - 7.999 8.52% 34 8.000 - 8.499 5.01% 20 8.500 - 8.999 0.25% 1 9.000 - 9.499 0.75% 3 9.500 - 9.999 0.00% 0 10.000 - 10.499 100.00% 399 Total Occupancy % of Pool Count Type 44.36% 177 Primary Residence 5.76% 23 Second Home 49.87% 199 Investment Property 100.00% 399 Total Property Type % of Pool Count Type 47.12% 188 Single Family Detached 0.25% 1 Townhouse 13.28% 53 Condo, Low Rise 0.25% 1 Condo, High Rise 21.80% 87 PUD 3.01% 12 1 Family Attached 10.53% 42 2 Family 2.26% 9 3 Family 1.50% 6 4 Family 100.00% 399 Total Purpose % of Pool Count Type 0.25% 1 Construction to Perm 24.56% 98 Cash out Refi 66.17% 264 Purchase 9.02% 36 Rate / Term Refi 100.00% 399 Total

![](ex99-6_002.jpg)

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;29 | &nbsp;&nbsp;92.73% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;99.75% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;10 | &nbsp;&nbsp;97.49% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;1 | &nbsp;&nbsp;99.75% |
| &nbsp;&nbsp;**Total Loan Population** | &nbsp;&nbsp;**399** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there were six (6) obligors with multiple loans in the pool.

**Property Inspection Waivers:** No loans had a Property Inspection Waiver.

Tape Discrepancies Accuracy Count Data Element 92.73% 29 Loan Purpose 99.75% 1 Property Address 97.49% 10 Property Type 99.75% 1 Sales Price 399 Total Loan Population Multiple Loans to One Borrower: TPR firm reviewed common identifiers for all loans in the population and confirmed there were six (6) obligors with multiple loans in the pool. Property Inspection Waivers: No loans had a Property Inspection Waiver. DTI % of Pool Count Type 50.63% 202 0.00 - 20.00 10.28% 41 20.01 - 30.00 20.30% 81 30.01 - 40.00 8.52% 34 40.01 - 45.00 10.28% 41 45.01 - 55.00 100.00% 399 Total LTV % of Pool Count Type 1.25% 5 0.00 - 30.00 1.75% 7 30.01 - 40.00 4.51% 18 40.01 - 50.00 5.51% 22 50.01 - 60.00 15.79% 63 60.01 - 70.00 62.66% 250 70.01 - 80.00 8.52% 34 80.01 - 90.00 100.00% 399 Total QM Type % of Pool Count Type 52.13% 208 Non - QM: Lender documented all ATR UW factors 47.87% 191 ATR/QM: Exempt 100.00% 399 Total

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u>Loan Review Findings</u>**

The following summarizes Consultant's initial and final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated November 20, 2025.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Grade Summary** | | |
| &nbsp;&nbsp;**Fitch and Kroll NRSRO Grade** | <br>&nbsp;&nbsp;**# of Loans** | <br>&nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;380 | &nbsp;&nbsp;95.24% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;19 | &nbsp;&nbsp;4.76% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch and Kroll NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;397 | &nbsp;&nbsp;99.50% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.50% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Credit Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch and Kroll NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;382 | &nbsp;&nbsp;95.74% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;17 | &nbsp;&nbsp;4.26% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Property Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch and Kroll NRSRO Grade** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;399 | &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% |

---

**<u>Loans Reviewed (399)</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;215041096 | &nbsp;&nbsp;215349218 | &nbsp;&nbsp;9759814644 | &nbsp;&nbsp;9704932905 | &nbsp;&nbsp;9759038749 | &nbsp;&nbsp;215418682 |
| &nbsp;&nbsp;215072927 | &nbsp;&nbsp;215349382 | &nbsp;&nbsp;9760007477 | &nbsp;&nbsp;9706035830 | &nbsp;&nbsp;9760261454 | &nbsp;&nbsp;215429077 |
| &nbsp;&nbsp;215146044 | &nbsp;&nbsp;215349481 | &nbsp;&nbsp;9760172883 | &nbsp;&nbsp;9706558484 | &nbsp;&nbsp;9760482167 | &nbsp;&nbsp;215437658 |
| &nbsp;&nbsp;215226440 | &nbsp;&nbsp;215350935 | &nbsp;&nbsp;9760765041 | &nbsp;&nbsp;9707906039 | &nbsp;&nbsp;9760561614 | &nbsp;&nbsp;215477779 |
| &nbsp;&nbsp;9705458066 | &nbsp;&nbsp;215373697 | &nbsp;&nbsp;9760983503 | &nbsp;&nbsp;9707940681 | &nbsp;&nbsp;9761287235 | &nbsp;&nbsp;215487976 |
| &nbsp;&nbsp;9707070943 | &nbsp;&nbsp;215373853 | &nbsp;&nbsp;9761467225 | &nbsp;&nbsp;9711054396 | &nbsp;&nbsp;9762508985 | &nbsp;&nbsp;215488172 |
| &nbsp;&nbsp;9708438685 | &nbsp;&nbsp;215390477 | &nbsp;&nbsp;9761481788 | &nbsp;&nbsp;9711079625 | &nbsp;&nbsp;9762557925 | &nbsp;&nbsp;215509274 |
| &nbsp;&nbsp;9719007453 | &nbsp;&nbsp;215435157 | &nbsp;&nbsp;9761708883 | &nbsp;&nbsp;9712631648 | &nbsp;&nbsp;9763396869 | &nbsp;&nbsp;215517459 |
| &nbsp;&nbsp;9720367862 | &nbsp;&nbsp;215465535 | &nbsp;&nbsp;9762572205 | &nbsp;&nbsp;9713843614 | &nbsp;&nbsp;9763425296 | &nbsp;&nbsp;215518499 |
| &nbsp;&nbsp;9722582187 | &nbsp;&nbsp;215473422 | &nbsp;&nbsp;9762624246 | &nbsp;&nbsp;9714021319 | &nbsp;&nbsp;9764528197 | &nbsp;&nbsp;215519018 |
| &nbsp;&nbsp;9726162366 | &nbsp;&nbsp;215486002 | &nbsp;&nbsp;9763407484 | &nbsp;&nbsp;9715146032 | &nbsp;&nbsp;9765788196 | &nbsp;&nbsp;215519323 |
| &nbsp;&nbsp;9727320617 | &nbsp;&nbsp;215520164 | &nbsp;&nbsp;9764588464 | &nbsp;&nbsp;9715235033 | &nbsp;&nbsp;9765823084 | &nbsp;&nbsp;215519620 |
| &nbsp;&nbsp;9727714298 | &nbsp;&nbsp;9705704337 | &nbsp;&nbsp;9765776506 | &nbsp;&nbsp;9715410784 | &nbsp;&nbsp;9765960787 | &nbsp;&nbsp;215532599 |
| &nbsp;&nbsp;9729861865 | &nbsp;&nbsp;9705801935 | &nbsp;&nbsp;9765964540 | &nbsp;&nbsp;9715708377 | &nbsp;&nbsp;9766817614 | &nbsp;&nbsp;215541103 |
| &nbsp;&nbsp;9732695235 | &nbsp;&nbsp;9706011328 | &nbsp;&nbsp;9770138114 | &nbsp;&nbsp;9715878931 | &nbsp;&nbsp;9767654743 | &nbsp;&nbsp;215541152 |
| &nbsp;&nbsp;9735908247 | &nbsp;&nbsp;9707134426 | &nbsp;&nbsp;9771259489 | &nbsp;&nbsp;9716235727 | &nbsp;&nbsp;9767772743 | &nbsp;&nbsp;215556408 |
| &nbsp;&nbsp;9752112467 | &nbsp;&nbsp;9708638862 | &nbsp;&nbsp;9771599033 | &nbsp;&nbsp;9719913932 | &nbsp;&nbsp;9768354152 | &nbsp;&nbsp;215564170 |
| &nbsp;&nbsp;9763340669 | &nbsp;&nbsp;9709876289 | &nbsp;&nbsp;9774005160 | &nbsp;&nbsp;9720507558 | &nbsp;&nbsp;9769278517 | &nbsp;&nbsp;215585985 |
| &nbsp;&nbsp;9784462351 | &nbsp;&nbsp;9710220980 | &nbsp;&nbsp;9774477021 | &nbsp;&nbsp;9722784213 | &nbsp;&nbsp;9770512912 | &nbsp;&nbsp;215601402 |
| &nbsp;&nbsp;9785574980 | &nbsp;&nbsp;9710868820 | &nbsp;&nbsp;9774919907 | &nbsp;&nbsp;9723159167 | &nbsp;&nbsp;9771047645 | &nbsp;&nbsp;215612367 |
| &nbsp;&nbsp;214763682 | &nbsp;&nbsp;9713654888 | &nbsp;&nbsp;9775567697 | &nbsp;&nbsp;9725908777 | &nbsp;&nbsp;9771626737 | &nbsp;&nbsp;215617242 |
| &nbsp;&nbsp;215160987 | &nbsp;&nbsp;9714342236 | &nbsp;&nbsp;9777869695 | &nbsp;&nbsp;9726080899 | &nbsp;&nbsp;9774164926 | &nbsp;&nbsp;215622507 |
| &nbsp;&nbsp;215210139 | &nbsp;&nbsp;9715701307 | &nbsp;&nbsp;9779298836 | &nbsp;&nbsp;9726642326 | &nbsp;&nbsp;9774665856 | &nbsp;&nbsp;9704663203 |
| &nbsp;&nbsp;215239609 | &nbsp;&nbsp;9720357376 | &nbsp;&nbsp;9779526889 | &nbsp;&nbsp;9726683361 | &nbsp;&nbsp;9774820154 | &nbsp;&nbsp;9704895367 |
| &nbsp;&nbsp;9707709540 | &nbsp;&nbsp;9721453380 | &nbsp;&nbsp;9780637352 | &nbsp;&nbsp;9727972649 | &nbsp;&nbsp;9775107742 | &nbsp;&nbsp;9705714427 |
| &nbsp;&nbsp;9709814207 | &nbsp;&nbsp;9721725225 | &nbsp;&nbsp;9782353941 | &nbsp;&nbsp;9728340317 | &nbsp;&nbsp;9777656415 | &nbsp;&nbsp;9705978915 |
| &nbsp;&nbsp;9726010250 | &nbsp;&nbsp;9722868784 | &nbsp;&nbsp;9783549760 | &nbsp;&nbsp;9728354110 | &nbsp;&nbsp;9780955614 | &nbsp;&nbsp;9706019057 |
| &nbsp;&nbsp;9728390825 | &nbsp;&nbsp;9723277100 | &nbsp;&nbsp;9785177123 | &nbsp;&nbsp;9730348928 | &nbsp;&nbsp;9782025317 | &nbsp;&nbsp;9707324969 |
| &nbsp;&nbsp;9729132259 | &nbsp;&nbsp;9724099511 | &nbsp;&nbsp;9786518796 | &nbsp;&nbsp;9730755114 | &nbsp;&nbsp;9782124151 | &nbsp;&nbsp;9708056305 |
| &nbsp;&nbsp;9739556620 | &nbsp;&nbsp;9724910576 | &nbsp;&nbsp;9787864835 | &nbsp;&nbsp;9731008117 | &nbsp;&nbsp;9782162276 | &nbsp;&nbsp;9708353926 |
| &nbsp;&nbsp;9740162590 | &nbsp;&nbsp;9724963690 | &nbsp;&nbsp;9788135912 | &nbsp;&nbsp;9731052495 | &nbsp;&nbsp;9782444278 | &nbsp;&nbsp;9708480828 |
| &nbsp;&nbsp;9741899257 | &nbsp;&nbsp;9725753124 | &nbsp;&nbsp;9788498070 | &nbsp;&nbsp;9734067003 | &nbsp;&nbsp;9782664735 | &nbsp;&nbsp;9709413877 |
| &nbsp;&nbsp;9744640039 | &nbsp;&nbsp;9726217616 | &nbsp;&nbsp;9790009204 | &nbsp;&nbsp;9734149090 | &nbsp;&nbsp;9782697651 | &nbsp;&nbsp;9709674718 |
| &nbsp;&nbsp;9749551058 | &nbsp;&nbsp;9727648264 | &nbsp;&nbsp;9790495536 | &nbsp;&nbsp;9734979348 | &nbsp;&nbsp;9783057780 | &nbsp;&nbsp;9710327900 |
| &nbsp;&nbsp;9752815747 | &nbsp;&nbsp;9730644755 | &nbsp;&nbsp;9790625777 | &nbsp;&nbsp;9736024622 | &nbsp;&nbsp;9783952048 | &nbsp;&nbsp;9710989444 |
| &nbsp;&nbsp;9766325899 | &nbsp;&nbsp;9730920163 | &nbsp;&nbsp;9790642194 | &nbsp;&nbsp;9737480286 | &nbsp;&nbsp;9784956022 | &nbsp;&nbsp;9711846601 |
| &nbsp;&nbsp;9768087331 | &nbsp;&nbsp;9733080718 | &nbsp;&nbsp;9791260319 | &nbsp;&nbsp;9738133918 | &nbsp;&nbsp;9785194938 | &nbsp;&nbsp;9711866971 |
| &nbsp;&nbsp;9784850191 | &nbsp;&nbsp;9737349770 | &nbsp;&nbsp;9791821847 | &nbsp;&nbsp;9738891382 | &nbsp;&nbsp;9785403123 | &nbsp;&nbsp;9712498345 |
| &nbsp;&nbsp;9785063935 | &nbsp;&nbsp;9738041889 | &nbsp;&nbsp;9793785495 | &nbsp;&nbsp;9739088129 | &nbsp;&nbsp;9785715559 | &nbsp;&nbsp;9714571420 |
| &nbsp;&nbsp;9786006123 | &nbsp;&nbsp;9739771724 | &nbsp;&nbsp;9797073682 | &nbsp;&nbsp;9739263953 | &nbsp;&nbsp;9786804683 | &nbsp;&nbsp;9715837978 |
| &nbsp;&nbsp;9799139929 | &nbsp;&nbsp;9740140513 | &nbsp;&nbsp;9797618783 | &nbsp;&nbsp;9739457050 | &nbsp;&nbsp;9787076794 | &nbsp;&nbsp;9716462156 |
| &nbsp;&nbsp;215062241 | &nbsp;&nbsp;9740384335 | &nbsp;&nbsp;9797836351 | &nbsp;&nbsp;9739547231 | &nbsp;&nbsp;9787746230 | &nbsp;&nbsp;9716884680 |
| &nbsp;&nbsp;215285354 | &nbsp;&nbsp;9741392873 | &nbsp;&nbsp;9798578747 | &nbsp;&nbsp;9739576784 | &nbsp;&nbsp;9787789073 | &nbsp;&nbsp;9716932927 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;215297805 | &nbsp;&nbsp;9742025076 | &nbsp;&nbsp;9798946647 | &nbsp;&nbsp;9741314257 | &nbsp;&nbsp;9788563741 | &nbsp;&nbsp;9716995569 |
| &nbsp;&nbsp;215297862 | &nbsp;&nbsp;9743124969 | &nbsp;&nbsp;215165416 | &nbsp;&nbsp;9741767561 | &nbsp;&nbsp;9789118297 | &nbsp;&nbsp;9718334726 |
| &nbsp;&nbsp;9708128641 | &nbsp;&nbsp;9743624919 | &nbsp;&nbsp;215268434 | &nbsp;&nbsp;9742097141 | &nbsp;&nbsp;9789859023 | &nbsp;&nbsp;9718614127 |
| &nbsp;&nbsp;9729935024 | &nbsp;&nbsp;9745491440 | &nbsp;&nbsp;215284977 | &nbsp;&nbsp;9742182356 | &nbsp;&nbsp;9791098222 | &nbsp;&nbsp;9719101181 |
| &nbsp;&nbsp;9733878418 | &nbsp;&nbsp;9748404689 | &nbsp;&nbsp;215294505 | &nbsp;&nbsp;9746589648 | &nbsp;&nbsp;9792695372 | &nbsp;&nbsp;9719881998 |
| &nbsp;&nbsp;9753120428 | &nbsp;&nbsp;9749982667 | &nbsp;&nbsp;215297367 | &nbsp;&nbsp;9746731364 | &nbsp;&nbsp;9793042103 | &nbsp;&nbsp;9721129659 |
| &nbsp;&nbsp;9762928258 | &nbsp;&nbsp;9751564981 | &nbsp;&nbsp;215352550 | &nbsp;&nbsp;9746900746 | &nbsp;&nbsp;9793104390 | &nbsp;&nbsp;9721647551 |
| &nbsp;&nbsp;9763165066 | &nbsp;&nbsp;9752898065 | &nbsp;&nbsp;215368655 | &nbsp;&nbsp;9747039783 | &nbsp;&nbsp;9793135329 | &nbsp;&nbsp;9722330843 |
| &nbsp;&nbsp;9763235869 | &nbsp;&nbsp;9753194605 | &nbsp;&nbsp;215373739 | &nbsp;&nbsp;9749454840 | &nbsp;&nbsp;9793198020 | &nbsp;&nbsp;9722782829 |
| &nbsp;&nbsp;9764329745 | &nbsp;&nbsp;9753569376 | &nbsp;&nbsp;215373796 | &nbsp;&nbsp;9749700465 | &nbsp;&nbsp;9793354862 | &nbsp;&nbsp;9722921633 |
| &nbsp;&nbsp;9778721283 | &nbsp;&nbsp;9754025568 | &nbsp;&nbsp;215396680 | &nbsp;&nbsp;9750742588 | &nbsp;&nbsp;9794137852 | &nbsp;&nbsp;9723361722 |
| &nbsp;&nbsp;9781043576 | &nbsp;&nbsp;9754768282 | &nbsp;&nbsp;215418781 | &nbsp;&nbsp;9750821432 | &nbsp;&nbsp;9794617077 | &nbsp;&nbsp;9724143004 |
| &nbsp;&nbsp;9781138848 | &nbsp;&nbsp;9755177038 | &nbsp;&nbsp;215424474 | &nbsp;&nbsp;9751210312 | &nbsp;&nbsp;9795633834 | &nbsp;&nbsp;9724362612 |
| &nbsp;&nbsp;9787363390 | &nbsp;&nbsp;9755669679 | &nbsp;&nbsp;215424672 | &nbsp;&nbsp;9751270522 | &nbsp;&nbsp;9796136563 | &nbsp;&nbsp;9724744298 |
| &nbsp;&nbsp;9798311396 | &nbsp;&nbsp;9755897882 | &nbsp;&nbsp;215451931 | &nbsp;&nbsp;9751394223 | &nbsp;&nbsp;9797360832 | &nbsp;&nbsp;9725522016 |
| &nbsp;&nbsp;214746299 | &nbsp;&nbsp;9757202800 | &nbsp;&nbsp;215466210 | &nbsp;&nbsp;9751415499 | &nbsp;&nbsp;9797986479 | &nbsp;&nbsp;9725932462 |
| &nbsp;&nbsp;214802399 | &nbsp;&nbsp;9757313755 | &nbsp;&nbsp;215480567 | &nbsp;&nbsp;9751620288 | &nbsp;&nbsp;9798604535 | &nbsp;&nbsp;9726376834 |
| &nbsp;&nbsp;215038092 | &nbsp;&nbsp;9757482980 | &nbsp;&nbsp;215480948 | &nbsp;&nbsp;9751754871 | &nbsp;&nbsp;9798723186 | &nbsp;&nbsp;9726758627 |
| &nbsp;&nbsp;215238700 | &nbsp;&nbsp;9757677100 | &nbsp;&nbsp;215487539 | &nbsp;&nbsp;9751835472 | &nbsp;&nbsp;9799242616 | &nbsp;&nbsp;9727719776 |
| &nbsp;&nbsp;215277674 | &nbsp;&nbsp;9757768321 | &nbsp;&nbsp;215499419 | &nbsp;&nbsp;9752555749 | &nbsp;&nbsp;214194631 | &nbsp;&nbsp;9728278947 |
| &nbsp;&nbsp;215330598 | &nbsp;&nbsp;9758025309 | &nbsp;&nbsp;215515982 | &nbsp;&nbsp;9754212091 | &nbsp;&nbsp;215172875 | &nbsp;&nbsp;9728366007 |
| &nbsp;&nbsp;215334806 | &nbsp;&nbsp;9759037691 | &nbsp;&nbsp;215518135 | &nbsp;&nbsp;9755046126 | &nbsp;&nbsp;215246695 |  |
| &nbsp;&nbsp;215337494 | &nbsp;&nbsp;9759180590 | &nbsp;&nbsp;215524281 | &nbsp;&nbsp;9755996601 | &nbsp;&nbsp;215271453 |  |
| &nbsp;&nbsp;215347733 | &nbsp;&nbsp;9759416846 | &nbsp;&nbsp;215581554 | &nbsp;&nbsp;9756033404 | &nbsp;&nbsp;215355231 |  |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

## Exhibit 99.6

**Exhibit 99.6 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 9727714298 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 01-10-2025 |
| 9732695235 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 06-01-2025 |
| 215146044 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215239609 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 05-14-2025 | Eligible |  |  |
| 9709814207 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 79.86 | 79.86 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726010250 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | 06-11-2025 |
| 9740162590 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-11-2025 |
| 9729132259 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9786006123 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9708128641 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 56.15 | 56.15 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.3 | 05-01-2025 |
| 9733878418 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 68.68 | 68.68 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9753120428 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 72.91 | 72.91 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 06-30-2025 |
| 9762928258 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 55.76 | 55.76 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-07-2025 | Not Eligible |  |  |
| 215285354 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-06-2025 |
| 9729935024 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 06-25-2025 | Eligible |  |  |
| 215297805 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215297862 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9764329745 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215486002 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215465535 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-20-2025 |
| 215350935 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | 06-27-2025 |
| 215347733 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 24.62 | 24.62 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | 06-04-2025 |
| 214746299 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 44.16 | 44.16 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-04-2025 |
| 9797073682 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 54.07 | 54.07 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-03-2025 |
| 215038092 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.07 | 74.07 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.4 | 04-30-2025 |
| 215520164 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 64.58 | 64.58 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215334806 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 67.31 | 67.31 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0000 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-12-2025 |
| 215349218 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 55.03 | 55.03 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 05-25-2025 |
| 215349382 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 36.84 | 36.84 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 05-18-2025 |
| 215238700 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215277674 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 60.03 | 60.03 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0084 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 06-26-2025 |
| 9705704337 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-26-2025 |
| 9705801935 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 55.59 | 55.59 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-21-2025 |
| 9706011328 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 48.04 | 48.04 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-14-2025 |
| 9709876289 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 73.43 | 73.43 | XXXX | XXXX | -.0209 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0209 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9710868820 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9713654888 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -.0741 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0741 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9715701307 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-11-2025 |
| 9720357376 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -.0732 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0732 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9721453380 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9721725225 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.01 | 74.01 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9725753124 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 54.52 | 54.52 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  | XXXX | XXXX | -.0729 | 88 | 0.12 | XXXX | XXXX | XX/XX/XXXX | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726217616 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 79.02 | 79.02 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 07-15-2025 |
| 9727648264 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 07-08-2025 |
| 9738041889 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 48.5 | 48.5 | XXXX | 0 | .0000 | Loan Collateral Advisor (LCA) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-09-2025 | Eligible |  |  |
| 9740384335 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9741392873 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 42.31 | 42.31 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 07-11-2025 |
| 9742025076 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9748404689 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | -.0486 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0486 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9749982667 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 41.2 | 41.2 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.8 | 06-16-2025 |
| 9751564981 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-09-2025 |
| 9754025568 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 07-22-2025 |
| 9754768282 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9755177038 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | XXXX | XXXX | .0000 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-25-2025 |
| 9755669679 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 71.77 | 71.77 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-23-2025 |
| 9755897882 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-19-2025 |
| 9757313755 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 07-10-2025 |
| 9757482980 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-25-2025 |
| 9757768321 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9758025309 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9759037691 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9759180590 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-03-2025 |
| 9759416846 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-03-2025 | Eligible |  |  |
| 9759814644 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 63.46 | 63.46 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-15-2025 |
| 9760172883 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-22-2025 |
| 9761481788 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-10-2025 |
| 9762572205 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 45.88 | 45.88 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-02-2025 | Eligible |  |  |
| 9762624246 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-18-2025 |
| 9765776506 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9770138114 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9774477021 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 38.5 | 38.5 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | 07-11-2025 |
| 9774919907 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 64.14 | 64.14 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | 07-03-2025 |
| 9775567697 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9777869695 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9779298836 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9780637352 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | 07-14-2025 |
| 9782353941 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-01-2025 | Eligible |  |  |
| 9785177123 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-10-2025 |
| 9786518796 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 56.52 | 56.52 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9788135912 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-14-2025 |
| 9788498070 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9790009204 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 79.12 | 79.12 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9790495536 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9790625777 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 07-22-2025 |
| 9793785495 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9797618783 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9797836351 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -.1394 | Loan Collateral Advisor (LCA) |  |  |  |  | XXXX | XXXX | -.1394 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-29-2025 | Eligible |  |  |
| 9798946647 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215373853 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 55.53 | 55.53 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9743124969 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -.0029 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | -.0029 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | 07-10-2025 |
| 9737349770 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215373697 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 57.48 | 57.48 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-07-2025 |
| 215435157 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 66.25 | 66.25 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-01-2025 |
| 9791821847 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9708638862 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9743624919 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 71.43 | 71.43 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-22-2025 |
| 9707134426 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 07-22-2025 |
| 9710220980 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9714342236 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 22.6 | 22.6 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 07-17-2025 |
| 9722868784 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-04-2025 |
| 9723277100 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 05-14-2025 |
| 9724099511 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 07-03-2025 |
| 9724910576 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 07-28-2025 |
| 9724963690 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-28-2025 | Eligible |  |  |
| 9730644755 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | -.0455 | XX-XX-XXXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9730920163 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 62.5 | 62.5 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-11-2025 | Eligible |  |  |
| 9733080718 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9740140513 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-25-2025 | Eligible |  |  |
| 9745491440 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 71.9 | 71.9 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | 07-21-2025 |
| 9752898065 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 07-17-2025 | Eligible |  |  |
| 9753194605 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | 07-28-2025 |
| 9753569376 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-17-2025 |
| 9757202800 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9757677100 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  | 1 | 07-08-2025 | Eligible |  |  |
| 9760983503 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 77.11 | 77.11 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-18-2025 |
| 9761708883 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 45.98 | 45.98 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | 07-12-2025 |
| 9763407484 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9764588464 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 07-02-2025 |
| 9765964540 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | 05-27-2025 |
| 9771259489 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-22-2025 | Not Eligible |  |  |
| 9771599033 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | 07-05-2025 |
| 9774005160 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-07-2025 |
| 9779526889 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | 07-21-2025 |
| 9783549760 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 62.89 | 62.89 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9787864835 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 28.18 | 28.18 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | 07-16-2025 |
| 9790642194 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 29.56 | 29.56 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | 06-09-2025 |
| 9791260319 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 07-09-2025 | Eligible |  |  |
| 214802399 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215390477 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9739771724 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-11-2025 |
| 9760765041 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-23-2025 |
| 215473422 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 59.41 | 59.41 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-15-2025 |
| 9798578747 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215330598 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-13-2025 |
| 215337494 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 32.26 | 32.26 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-17-2025 |
| 215349481 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9760007477 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-10-2025 | Not Eligible |  |  |
| 9761467225 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | 05-28-2025 |
| 215294505 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 44.78 | 44.78 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | 06-27-2025 |
| 215424474 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-08-2025 | Eligible |  |  |
| 215518135 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-16-2025 |
| 215368655 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-03-2025 |
| 215581554 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215297367 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 62.67 | 62.67 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-26-2025 |
| 215487539 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 61.12 | 61.12 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215499419 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 07-14-2025 |
| 215284977 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | 06-13-2025 |
| 9707940681 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.12 | 74.12 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | 07-25-2025 |
| 9711054396 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9711079625 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.1 | 07-21-2025 |
| 9712631648 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.4 | 07-29-2025 |
| 9714021319 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | 07-16-2025 |
| 9722784213 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | 07-29-2025 |
| 9728340317 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-16-2025 |
| 9739088129 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 72.56 | 72.56 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-21-2025 |
| 9741767561 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-21-2025 |
| 9746589648 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 51.56 | 51.56 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-08-2025 |
| 9746731364 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.7 | 69.7 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | 07-29-2025 |
| 9750742588 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-12-2025 | Eligible |  |  |
| 9752555749 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-24-2025 |
| 9755046126 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 69.74 | 69.74 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-16-2025 |
| 9756033404 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0205 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 07-15-2025 |
| 9760482167 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 07-18-2025 | Eligible |  |  |
| 9763396869 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 84.99 | 84.99 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-22-2025 |
| 9765823084 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-24-2025 |
| 9765960787 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-14-2025 |
| 9770512912 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 55 | 55 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | 07-30-2025 |
| 9771626737 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | 07-21-2025 |
| 9774665856 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 48.96 | 48.96 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | 07-21-2025 |
| 9775107742 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-18-2025 | Eligible |  |  |
| 9782162276 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | 07-08-2025 |
| 9783952048 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 73.98 | 73.98 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | 07-25-2025 |
| 9785403123 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75.9 | 75.9 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-28-2025 |
| 9786804683 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-30-2025 |
| 9789859023 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | 07-14-2025 |
| 9793042103 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-24-2025 | Eligible |  |  |
| 9793104390 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0317 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-07-2025 |
| 9793135329 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 08-11-2025 | Eligible |  |  |
| 9793354862 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-01-2025 |
| 9797360832 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.8 | 08-01-2025 |
| 9799242616 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | 08-06-2025 |
| 9792695372 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 06-26-2025 |
| 215165416 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 68.33 | 68.33 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.6 | 06-23-2025 |
| 215268434 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0070 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9739263953 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 08-12-2025 | Not Eligible |  |  |
| 215352550 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-08-2025 |
| 9741314257 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-07-2025 |
| 9716235727 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 78 | 78 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-24-2025 |
| 215480948 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | XXXX | XXXX | .0425 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-14-2025 |
| 215396680 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215466210 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215373796 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | 06-30-2025 |
| 215424672 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 71.86 | 71.86 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-25-2025 | Not Eligible |  |  |
| 9704932905 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 67.96 | 67.96 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9706035830 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | 06-17-2025 |
| 9706558484 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-17-2025 |
| 9713843614 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-29-2025 |
| 9715146032 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9715235033 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-23-2025 |
| 9715708377 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9719913932 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.18 | 74.18 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9723159167 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9725908777 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726080899 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726642326 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.43 | 74.43 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9728354110 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9730755114 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9731008117 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9731052495 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | 07-31-2025 |
| 9734067003 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9734149090 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75.37 | 75.37 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-21-2025 |
| 9736024622 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 71.15 | 71.15 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9737480286 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9738133918 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9738891382 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-22-2025 |
| 9739457050 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-07-2025 |
| 9739547231 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 07-20-2025 | Eligible |  |  |
| 9739576784 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 64.43 | 64.43 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | 07-21-2025 |
| 9746900746 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-18-2025 | Eligible |  |  |
| 9747039783 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9749454840 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9749700465 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75.94 | 75.94 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9750821432 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 04-25-2025 |
| 9751210312 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.8 | 69.8 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.1 | 07-10-2025 |
| 9751270522 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-21-2025 |
| 9751394223 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9751415499 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9751754871 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-01-2025 |
| 9751835472 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9754212091 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 47.83 | 47.83 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9755996601 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 08-04-2025 |
| 9759038749 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9760261454 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9760561614 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-02-2025 |
| 9761287235 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9762508985 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9762557925 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9763425296 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-16-2025 |
| 9764528197 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74 | 74 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | 08-05-2025 |
| 9765788196 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 08-01-2025 |
| 9766817614 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9767654743 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9767772743 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 73.28 | 73.28 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9768354152 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9769278517 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-29-2025 |
| 9771047645 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9774164926 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XX-XX-XXXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9774820154 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9780955614 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-24-2025 | Eligible |  |  |
| 9782025317 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.2 | 07-24-2025 |
| 9782124151 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 58.82 | 58.82 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9782444278 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-12-2025 |
| 9782664735 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-29-2025 |
| 9782697651 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9783057780 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 63.83 | 63.83 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-06-2025 |
| 9784956022 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9785194938 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9785715559 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9787076794 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9787746230 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 07-24-2025 |
| 9787789073 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 54.48 | 54.48 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | 07-24-2025 |
| 9788563741 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 71.57 | 71.57 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9789118297 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9791098222 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 57.38 | 57.38 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-23-2025 |
| 9793198020 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9794137852 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9794617077 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 72.49 | 72.49 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9795633834 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 45.16 | 45.16 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9796136563 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9797986479 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9798604535 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9798723186 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215480567 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9751620288 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215515982 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9715410784 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9720507558 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 69.84 | 69.84 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9707906039 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-03-2025 |
| 9734979348 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9730348928 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 76.57 | 76.57 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 04-14-2025 |
| 215373739 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.6 | 06-25-2025 |
| 9742097141 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 61.87 | 61.87 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9742182356 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 61.27 | 61.27 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9777656415 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 69.84 | 69.84 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215451931 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9727972649 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.8 | 07-21-2025 |
| 9726683361 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | 07-12-2025 |
| 215524281 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-07-2025 |
| 9715878931 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0730 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | 08-01-2025 |
| 215418781 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-02-2025 |
| 214194631 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-18-2025 |
| 215564170 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-31-2025 | Eligible |  |  |
| 215541103 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 08-11-2025 |
| 215532599 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 999 | 07-30-2025 |
| 215488172 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0000 | XX-XX-XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-15-2025 |
| 215271453 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 38.46 | 38.46 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 | 06-01-2025 |
| 215519620 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-31-2025 |
| 215519018 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 07-21-2025 |
| 215541152 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215612367 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 08-11-2025 |
| 215617242 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-06-2025 |
| 215246695 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -.0137 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0137 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 07-23-2025 | Not Eligible |  |  |
| 9705978915 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 08-21-2025 |
| 9708480828 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 54.89 | 54.89 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 08-13-2025 |
| 9709413877 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9709674718 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-01-2025 |
| 9710989444 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 79.51 | 79.51 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 07-15-2025 |
| 9711866971 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.22 | 74.22 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 | 08-12-2025 |
| 9712498345 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 30.12 | 30.12 | XXXX | XXXX | -.0385 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0385 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9714571420 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 43.07 | 43.07 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-23-2025 |
| 9715837978 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-24-2025 | Eligible |  |  |
| 9716462156 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-17-2025 |
| 9716884680 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-18-2025 |
| 9718334726 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 08-17-2025 | Eligible |  |  |
| 9718614127 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9719101181 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-07-2025 |
| 9722330843 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | 08-18-2025 |
| 9722921633 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 08-14-2025 |
| 9724143004 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 04-03-2025 |
| 9724362612 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-06-2025 | Eligible |  |  |
| 9725932462 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 74.14 | 74.14 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726376834 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-21-2025 |
| 9727719776 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | 08-08-2025 |
| 9728278947 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 08-06-2025 |
| 215556408 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 44.55 | 44.55 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-01-2025 | Eligible |  |  |
| 215172875 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | 05-19-2025 |
| 215487976 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 07-15-2025 | Eligible |  |  |
| 9716932927 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 27.38 | 27.38 | XXXX | XXXX | .0804 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | .0804 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 07-14-2025 |
| 9721647551 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 41.84 | 41.84 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | 08-18-2025 | Not Eligible |  |  |
| 215429077 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 62.69 | 62.69 | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | .0105 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | 07-11-2025 |
| 215437658 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 45.1 | 45.1 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 06-25-2025 |
| 215509274 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9706019057 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | -.0497 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0497 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.1 | 07-28-2025 |
| 9705714427 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 08-05-2025 | Eligible |  |  |
| 215355231 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | Desk Review |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.9 | 06-19-2025 |
| 215518499 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215418682 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215519323 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9704663203 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 65.22 | 65.22 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9704895367 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 36.79 | 36.79 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9707324969 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 72.6 | 72.6 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9708056305 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 63.38 | 63.38 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9708353926 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9710327900 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9711846601 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9716995569 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9719881998 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.71 | 74.71 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9721129659 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | -.0333 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -.0333 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9722782829 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 42.93 | 42.93 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9723361722 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 84.08 | 84.08 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9724744298 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 63.29 | 63.29 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9725522016 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 76.86 | 76.86 | XXXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 08-06-2025 |
| 9726758627 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9728366007 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.56 | 73.56 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215477779 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.77 | 74.77 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215517459 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215585985 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 48.61 | 48.61 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215601402 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215622507 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | .0000 | AVE/CMA |  |  |  |  | |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | .0000 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9752112467 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | AVE/CMA |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215226440 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 35.11 | 35.11 | XXXX |  |  |  | XXXX | 0 | 0 | Desk Review | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9707070943 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9708438685 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.4 | 05-21-2025 |
| 9719007453 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 71.84 | 71.84 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 05-24-2025 |
| 9722582187 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9726162366 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-11-2025 |
| 9727320617 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 61.62 | 61.62 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | 05-07-2025 |
| 9729861865 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 57.4 | 57.4 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | 04-28-2025 |
| 9735908247 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9763340669 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | 06-04-2025 |
| 9784462351 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 54.31 | 54.31 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | 05-22-2025 |
| 9720367862 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9785574980 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9705458066 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | 05-15-2025 |
| 215041096 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 05-15-2025 |
| 215072927 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 42.58 | 42.58 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | 04-28-2025 |
| 9728390825 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-13-2025 |
| 9741899257 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9752815747 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -0.0314 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0314 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9784850191 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | XXXX | XXXX | 0.0167 | XX/XX/XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 215160987 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 74.95 | 74.95 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | 05-21-2025 |
| 215210139 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.7 | 05-23-2025 |
| 9707709540 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1025 Small Residential Income Report |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9739556620 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | 04-29-2025 | Eligible |  |  |
| 9744640039 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 | 03-06-2025 |
| 9749551058 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 52.63 | 52.63 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-18-2025 |
| 9766325899 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 69.87 | 69.87 | XXXX | XXXX | -0.0684 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0684 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-05-2025 |
| 9768087331 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 73.33 | 73.33 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 06-18-2025 |
| 9799139929 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 214763682 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 72.73 | 72.73 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9785063935 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.7 | 06-20-2025 |
| 9763165066 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | -0.0172 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0172 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 07-07-2025 | Eligible |  |  |
| 9763235869 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 | 05-26-2025 |
| 9781043576 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 06-05-2025 |
| 215062241 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 66.15 | 66.15 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Moderate Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xx |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | 05-22-2025 |
| 9798311396 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XX-XX-XXXX | 1073 Individual Condo Report |  | XXXX | XXXX | XXXX | 85 | 85 | XXXX | 0 | 0 | Desk Review |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XX | Low Risk | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 06-27-2025 |
| 9778721283 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | AVE/CMA |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9781138848 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | AVE/CMA |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 9787363390 |  |  | XXXX | XXXX |  | 0 | XXXX | XX-XX-XXXX | 1004 URAR |  | XXXX | XXXX | XXXX | 71.59 | 71.59 | XXXX | 0 | 0 | AVE/CMA |  |  |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XX |  | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | XX-XX-XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 2**

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 214194631 |  |  | XXXX A C |
| 214746299 |  |  | XXXX A |
| 214763682 |  |  | XXXX A |
| 214802399 |  |  | XXXX A |
| 215038092 |  |  | XXXX A B |
| 215041096 |  |  | XXXX A |
| 215062241 |  |  | XXXX A B |
| 215072927 |  |  | XXXX A |
| 215146044 |  |  | XXXX D A B |
| 215160987 |  |  | XXXX A |
| 215165416 |  |  | XXXX A B |
| 215172875 |  |  | XXXX D C A |
| 215210139 |  |  | XXXX A B |
| 215226440 |  |  | XXXX A |
| 215238700 |  |  | XXXX D C A |
| 215239609 |  |  | XXXX D C A |
| 215246695 |  |  | XXXX D A B |
| 215268434 |  |  | XXXX A |
| 215271453 |  |  | XXXX A C |
| 215277674 |  |  | XXXX C A |
| 215284977 |  |  | XXXX A B |
| 215285354 |  |  | XXXX C A |
| 215294505 |  |  | XXXX A B |
| 215297367 |  |  | XXXX A |
| 215297805 |  |  | XXXX D A |
| 215297862 |  |  | XXXX D A |
| 215330598 |  |  | XXXX A |
| 215334806 |  |  | XXXX A |
| 215337494 |  |  | XXXX A |
| 215347733 |  |  | XXXX A B |
| 215349218 |  |  | XXXX A B |
| 215349382 |  |  | XXXX A |
| 215349481 |  |  | XXXX A |
| 215350935 |  |  | XXXX D A |
| 215352550 |  |  | XXXX A |
| 215355231 |  |  | XXXX A B |
| 215368655 |  |  | XXXX A |
| 215373697 |  |  | XXXX A |
| 215373739 |  |  | XXXX A |
| 215373796 |  |  | XXXX A |
| 215373853 |  |  | XXXX A |
| 215390477 |  |  | XXXX A |
| 215396680 |  |  | XXXX A |
| 215418682 |  |  | XXXX D A |
| 215418781 |  |  | XXXX A |
| 215424474 |  |  | XXXX D A |
| 215424672 |  |  | XXXX A |
| 215429077 |  |  | XXXX A B |
| 215435157 |  |  | XXXX A |
| 215437658 |  |  | XXXX A |
| 215451931 |  |  | XXXX A |
| 215465535 |  |  | XXXX A |
| 215466210 |  |  | XXXX A |
| 215473422 |  |  | XXXX A |
| 215477779 |  |  | XXXX C A |
| 215480567 |  |  | XXXX A |
| 215480948 |  |  | XXXX D C A |
| 215486002 |  |  | XXXX A |
| 215487539 |  |  | XXXX A |
| 215487976 |  |  | XXXX A |
| 215488172 |  |  | XXXX A |
| 215499419 |  |  | XXXX A |
| 215509274 |  |  | XXXX A |
| 215515982 |  |  | XXXX A |
| 215517459 |  |  | XXXX A |
| 215518135 |  |  | XXXX A |
| 215518499 |  |  | XXXX A |
| 215519018 |  |  | XXXX A |
| 215519323 |  |  | XXXX D A |
| 215519620 |  |  | XXXX A |
| 215520164 |  |  | XXXX C A |
| 215524281 |  |  | XXXX A |
| 215532599 |  |  | XXXX A |
| 215541103 |  |  | XXXX A |
| 215541152 |  |  | XXXX A |
| 215556408 |  |  | XXXX A |
| 215564170 |  |  | XXXX C B A |
| 215581554 |  |  | XXXX A |
| 215585985 |  |  | XXXX A |
| 215601402 |  |  | XXXX C D A |
| 215612367 |  |  | XXXX A B |
| 215617242 |  |  | XXXX A B |
| 215622507 |  |  | XXXX A |
| 9704663203 |  |  | XXXX A |
| 9704895367 |  |  | XXXX A |
| 9704932905 |  |  | XXXX A |
| 9705458066 |  |  | XXXX D A B |
| 9705704337 |  |  | XXXX A |
| 9705714427 |  |  | XXXX A |
| 9705801935 |  |  | XXXX A |
| 9705978915 |  |  | XXXX B A |
| 9706011328 |  |  | XXXX D C A B |
| 9706019057 |  |  | XXXX A B |
| 9706035830 |  |  | XXXX A |
| 9706558484 |  |  | XXXX D A |
| 9707070943 |  |  | XXXX D A |
| 9707134426 |  |  | XXXX A C |
| 9707324969 |  |  | XXXX A |
| 9707709540 |  |  | XXXX A |
| 9707906039 |  |  | XXXX A |
| 9707940681 |  |  | XXXX A |
| 9708056305 |  |  | XXXX A |
| 9708128641 |  |  | XXXX D C A B |
| 9708353926 |  |  | XXXX D A |
| 9708438685 |  |  | XXXX D B A |
| 9708480828 |  |  | XXXX A |
| 9708638862 |  |  | XXXX D A |
| 9709413877 |  |  | XXXX A |
| 9709674718 |  |  | XXXX B A |
| 9709814207 |  |  | XXXX A |
| 9709876289 |  |  | XXXX A |
| 9710220980 |  |  | XXXX A |
| 9710327900 |  |  | XXXX A |
| 9710868820 |  |  | XXXX A |
| 9710989444 |  |  | XXXX C A B |
| 9711054396 |  |  | XXXX A C |
| 9711079625 |  |  | XXXX A B |
| 9711846601 |  |  | XXXX A |
| 9711866971 |  |  | XXXX B A |
| 9712498345 |  |  | XXXX A C |
| 9712631648 |  |  | XXXX A B |
| 9713654888 |  |  | XXXX C A |
| 9713843614 |  |  | XXXX A |
| 9714021319 |  |  | XXXX A B |
| 9714342236 |  |  | XXXX A B |
| 9714571420 |  |  | XXXX A C |
| 9715146032 |  |  | XXXX A |
| 9715235033 |  |  | XXXX D A |
| 9715410784 |  |  | XXXX A |
| 9715701307 |  |  | XXXX A |
| 9715708377 |  |  | XXXX A |
| 9715837978 |  |  | XXXX A C |
| 9715878931 |  |  | XXXX A |
| 9716235727 |  |  | XXXX A |
| 9716462156 |  |  | XXXX B A |
| 9716884680 |  |  | XXXX B A |
| 9716932927 |  |  | XXXX D A |
| 9716995569 |  |  | XXXX A |
| 9718334726 |  |  | XXXX A |
| 9718614127 |  |  | XXXX A |
| 9719007453 |  |  | XXXX A B |
| 9719101181 |  |  | XXXX A |
| 9719881998 |  |  | XXXX A |
| 9719913932 |  |  | XXXX A |
| 9720357376 |  |  | XXXX C A |
| 9720367862 |  |  | XXXX A |
| 9720507558 |  |  | XXXX A |
| 9721129659 |  |  | XXXX A |
| 9721453380 |  |  | XXXX A |
| 9721647551 |  |  | XXXX A B |
| 9721725225 |  |  | XXXX A |
| 9722330843 |  |  | XXXX A B |
| 9722582187 |  |  | XXXX A |
| 9722782829 |  |  | XXXX A |
| 9722784213 |  |  | XXXX A |
| 9722868784 |  |  | XXXX A |
| 9722921633 |  |  | XXXX A |
| 9723159167 |  |  | XXXX A |
| 9723277100 |  |  | XXXX A |
| 9723361722 |  |  | XXXX D A |
| 9724099511 |  |  | XXXX A C |
| 9724143004 |  |  | XXXX A |
| 9724362612 |  |  | XXXX A |
| 9724744298 |  |  | XXXX A C |
| 9724910576 |  |  | XXXX A C |
| 9724963690 |  |  | XXXX A |
| 9725522016 |  |  | XXXX C A |
| 9725753124 |  |  | XXXX A C |
| 9725908777 |  |  | XXXX A |
| 9725932462 |  |  | XXXX A |
| 9726010250 |  |  | XXXX A C |
| 9726080899 |  |  | XXXX A |
| 9726162366 |  |  | XXXX A |
| 9726217616 |  |  | XXXX A |
| 9726376834 |  |  | XXXX D A |
| 9726642326 |  |  | XXXX A |
| 9726683361 |  |  | XXXX A |
| 9726758627 |  |  | XXXX A |
| 9727320617 |  |  | XXXX A C |
| 9727648264 |  |  | XXXX A |
| 9727714298 |  |  | XXXX D C A |
| 9727719776 |  |  | XXXX C A B |
| 9727972649 |  |  | XXXX A B |
| 9728278947 |  |  | XXXX A |
| 9728340317 |  |  | XXXX A C |
| 9728354110 |  |  | XXXX A |
| 9728366007 |  |  | XXXX A |
| 9728390825 |  |  | XXXX A |
| 9729132259 |  |  | XXXX A D |
| 9729861865 |  |  | XXXX A B |
| 9729935024 |  |  | XXXX A |
| 9730348928 |  |  | XXXX A C |
| 9730644755 |  |  | XXXX A |
| 9730755114 |  |  | XXXX A |
| 9730920163 |  |  | XXXX A B |
| 9731008117 |  |  | XXXX A |
| 9731052495 |  |  | XXXX A |
| 9732695235 |  |  | XXXX B C A |
| 9733080718 |  |  | XXXX A |
| 9733878418 |  |  | XXXX A |
| 9734067003 |  |  | XXXX A |
| 9734149090 |  |  | XXXX A |
| 9734979348 |  |  | XXXX A |
| 9735908247 |  |  | XXXX A |
| 9736024622 |  |  | XXXX C A B |
| 9737349770 |  |  | XXXX D A |
| 9737480286 |  |  | XXXX A |
| 9738041889 |  |  | XXXX B A |
| 9738133918 |  |  | XXXX A |
| 9738891382 |  |  | XXXX A C |
| 9739088129 |  |  | XXXX A |
| 9739263953 |  |  | XXXX A B |
| 9739457050 |  |  | XXXX A |
| 9739547231 |  |  | XXXX A |
| 9739556620 |  |  | XXXX A |
| 9739576784 |  |  | XXXX A |
| 9739771724 |  |  | XXXX D A |
| 9740140513 |  |  | XXXX A |
| 9740162590 |  |  | XXXX C A B |
| 9740384335 |  |  | XXXX A |
| 9741314257 |  |  | XXXX A |
| 9741392873 |  |  | XXXX A B |
| 9741767561 |  |  | XXXX A C |
| 9741899257 |  |  | XXXX A |
| 9742025076 |  |  | XXXX A |
| 9742097141 |  |  | XXXX A |
| 9742182356 |  |  | XXXX A |
| 9743124969 |  |  | XXXX A |
| 9743624919 |  |  | XXXX A |
| 9744640039 |  |  | XXXX A B |
| 9745491440 |  |  | XXXX A B |
| 9746589648 |  |  | XXXX A B |
| 9746731364 |  |  | XXXX A B |
| 9746900746 |  |  | XXXX A C |
| 9747039783 |  |  | XXXX A |
| 9748404689 |  |  | XXXX A |
| 9749454840 |  |  | XXXX D A |
| 9749551058 |  |  | XXXX A |
| 9749700465 |  |  | XXXX A |
| 9749982667 |  |  | XXXX A B |
| 9750742588 |  |  | XXXX A |
| 9750821432 |  |  | XXXX A |
| 9751210312 |  |  | XXXX A B |
| 9751270522 |  |  | XXXX A |
| 9751394223 |  |  | XXXX D A |
| 9751415499 |  |  | XXXX A |
| 9751564981 |  |  | XXXX A |
| 9751620288 |  |  | XXXX A |
| 9751754871 |  |  | XXXX A |
| 9751835472 |  |  | XXXX A |
| 9752112467 |  |  | XXXX D A |
| 9752555749 |  |  | XXXX A D |
| 9752815747 |  |  | XXXX A |
| 9752898065 |  |  | XXXX A |
| 9753120428 |  |  | XXXX A |
| 9753194605 |  |  | XXXX A B |
| 9753569376 |  |  | XXXX A |
| 9754025568 |  |  | XXXX A |
| 9754212091 |  |  | XXXX A |
| 9754768282 |  |  | XXXX A |
| 9755046126 |  |  | XXXX A C |
| 9755177038 |  |  | XXXX A |
| 9755669679 |  |  | XXXX A C |
| 9755897882 |  |  | XXXX A |
| 9755996601 |  |  | XXXX A C B |
| 9756033404 |  |  | XXXX A |
| 9757202800 |  |  | XXXX A |
| 9757313755 |  |  | XXXX A |
| 9757482980 |  |  | XXXX A |
| 9757677100 |  |  | XXXX C A |
| 9757768321 |  |  | XXXX A |
| 9758025309 |  |  | XXXX A |
| 9759037691 |  |  | XXXX A |
| 9759038749 |  |  | XXXX A |
| 9759180590 |  |  | XXXX A |
| 9759416846 |  |  | XXXX A |
| 9759814644 |  |  | XXXX A |
| 9760007477 |  |  | XXXX A B |
| 9760172883 |  |  | XXXX A |
| 9760261454 |  |  | XXXX A |
| 9760482167 |  |  | XXXX C A |
| 9760561614 |  |  | XXXX A |
| 9760765041 |  |  | XXXX A |
| 9760983503 |  |  | XXXX A |
| 9761287235 |  |  | XXXX A |
| 9761467225 |  |  | XXXX A B |
| 9761481788 |  |  | XXXX A |
| 9761708883 |  |  | XXXX A B |
| 9762508985 |  |  | XXXX A |
| 9762557925 |  |  | XXXX A |
| 9762572205 |  |  | XXXX A |
| 9762624246 |  |  | XXXX A C |
| 9762928258 |  |  | XXXX A B |
| 9763165066 |  |  | XXXX D C A |
| 9763235869 |  |  | XXXX A |
| 9763340669 |  |  | XXXX A |
| 9763396869 |  |  | XXXX C A |
| 9763407484 |  |  | XXXX A |
| 9763425296 |  |  | XXXX A |
| 9764329745 |  |  | XXXX A |
| 9764528197 |  |  | XXXX D A B |
| 9764588464 |  |  | XXXX A |
| 9765776506 |  |  | XXXX A |
| 9765788196 |  |  | XXXX A |
| 9765823084 |  |  | XXXX A |
| 9765960787 |  |  | XXXX A |
| 9765964540 |  |  | XXXX A |
| 9766325899 |  |  | XXXX A |
| 9766817614 |  |  | XXXX A |
| 9767654743 |  |  | XXXX A |
| 9767772743 |  |  | XXXX A |
| 9768087331 |  |  | XXXX A |
| 9768354152 |  |  | XXXX A |
| 9769278517 |  |  | XXXX C A |
| 9770138114 |  |  | XXXX D A |
| 9770512912 |  |  | XXXX C A B |
| 9771047645 |  |  | XXXX A |
| 9771259489 |  |  | XXXX A B |
| 9771599033 |  |  | XXXX A |
| 9771626737 |  |  | XXXX B A |
| 9774005160 |  |  | XXXX A |
| 9774164926 |  |  | XXXX B C A |
| 9774477021 |  |  | XXXX A |
| 9774665856 |  |  | XXXX A C B |
| 9774820154 |  |  | XXXX A |
| 9774919907 |  |  | XXXX A |
| 9775107742 |  |  | XXXX A |
| 9775567697 |  |  | XXXX A |
| 9777656415 |  |  | XXXX A |
| 9777869695 |  |  | XXXX A D |
| 9778721283 |  |  | XXXX A |
| 9779298836 |  |  | XXXX A |
| 9779526889 |  |  | XXXX A B |
| 9780637352 |  |  | XXXX D A B |
| 9780955614 |  |  | XXXX A |
| 9781043576 |  |  | XXXX A |
| 9781138848 |  |  | XXXX D A |
| 9782025317 |  |  | XXXX C A B |
| 9782124151 |  |  | XXXX A |
| 9782162276 |  |  | XXXX A C |
| 9782353941 |  |  | XXXX A |
| 9782444278 |  |  | XXXX A |
| 9782664735 |  |  | XXXX A |
| 9782697651 |  |  | XXXX A |
| 9783057780 |  |  | XXXX A C |
| 9783549760 |  |  | XXXX A |
| 9783952048 |  |  | XXXX A B |
| 9784462351 |  |  | XXXX A B |
| 9784850191 |  |  | XXXX A |
| 9784956022 |  |  | XXXX A |
| 9785063935 |  |  | XXXX A B |
| 9785177123 |  |  | XXXX A |
| 9785194938 |  |  | XXXX A |
| 9785403123 |  |  | XXXX A |
| 9785574980 |  |  | XXXX A |
| 9785715559 |  |  | XXXX A |
| 9786006123 |  |  | XXXX A C |
| 9786518796 |  |  | XXXX A |
| 9786804683 |  |  | XXXX D A |
| 9787076794 |  |  | XXXX A |
| 9787363390 |  |  | XXXX A |
| 9787746230 |  |  | XXXX D C A |
| 9787789073 |  |  | XXXX A B |
| 9787864835 |  |  | XXXX A B |
| 9788135912 |  |  | XXXX A |
| 9788498070 |  |  | XXXX A |
| 9788563741 |  |  | XXXX A |
| 9789118297 |  |  | XXXX A |
| 9789859023 |  |  | XXXX A |
| 9790009204 |  |  | XXXX A |
| 9790495536 |  |  | XXXX A |
| 9790625777 |  |  | XXXX A |
| 9790642194 |  |  | XXXX B A |
| 9791098222 |  |  | XXXX A |
| 9791260319 |  |  | XXXX A |
| 9791821847 |  |  | XXXX A |
| 9792695372 |  |  | XXXX A |
| 9793042103 |  |  | XXXX A |
| 9793104390 |  |  | XXXX B C A |
| 9793135329 |  |  | XXXX A |
| 9793198020 |  |  | XXXX A |
| 9793354862 |  |  | XXXX A |
| 9793785495 |  |  | XXXX A |
| 9794137852 |  |  | XXXX A |
| 9794617077 |  |  | XXXX A |
| 9795633834 |  |  | XXXX A |
| 9796136563 |  |  | XXXX A |
| 9797073682 |  |  | XXXX D C A |
| 9797360832 |  |  | XXXX A B |
| 9797618783 |  |  | XXXX A |
| 9797836351 |  |  | XXXX A B |
| 9797986479 |  |  | XXXX A |
| 9798311396 |  |  | XXXX A |
| 9798578747 |  |  | XXXX A |
| 9798604535 |  |  | XXXX A |
| 9798723186 |  |  | XXXX A |
| 9798946647 |  |  | XXXX A |
| 9799139929 |  |  | XXXX A |
| 9799242616 |  |  | XXXX A |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** | **Primary Appraisal Occupancy** |
| 214763682 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2200 | Appraisal - 1007 |  |  |  |  | 2200 | Appraisal - 1007 | No | 86.65 | 1.15 | 1.154 | 1906.28 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 27769 |  |  |  | 2200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.37 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 214802399 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4700 | Appraisal - 1007 |  | N/A |  |  | 4700 | Appraisal - 1007 | No | 96.86 | 1.03 | 1.032 | 4552.47 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 26870 |  |  |  | 4700 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 67.95 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 215146044 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2353.45 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 36.55 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 215210139 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1232.37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 23.73 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 215226440 |  |  | XXXX | XXXX | Full Doc | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3978.99 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  | 0 |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 10.09 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215297805 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2595 | 2595 | Appraisal - 1007 |  | N/A |  |  | 2595 | Actual In Place Rent | No | 83.04 | 1.204 | 1.204 | 2154.84 | 2595 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32100 |  |  |  | 2595 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 115.49 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 215297862 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2595 | 2595 | Appraisal - 1007 |  | N/A |  |  | 2595 | Actual In Place Rent | No | 83.04 | 1.204 | 1.204 | 2154.84 | 2595 | 06-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32100 |  |  |  | 2595 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 108.64 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 215330598 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  | N/A |  |  |  |  |  |  | No |  |  | 0 | 4731.9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 118000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 7.06 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215337494 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3318 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 20000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 50.64 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215349481 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 6073.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 16.14 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215350935 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  | N/A |  |  |  |  |  |  | No |  |  | 0 | 1313.06 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 154.68 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215352550 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 6078.37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 0 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 71.2 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215355231 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2511.28 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.97 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215368655 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1144.05 | 1100 |  | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 18.84 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215373853 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4200 | 4200 | Appraisal - 1007 |  |  |  |  | 4200 | Appraisal - 1007 | No | 108.06 | 1.01 | 0.925 | 4538.41 | 4200 | 07-30-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 49739.88 |  |  |  | 4200 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 135.51 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215390477 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2600 | Appraisal - 1007 |  | N/A |  |  | 2600 | Appraisal - 1007 | No | 155.36 | 0.644 | 0.644 | 4039.48 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31200 |  |  |  | 2600 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.75 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215396680 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3000 | 2300 | Appraisal - 1025 |  | N/A |  |  | 2300 | Appraisal - 1025 | No | 69.36 | 1.442 | 1.442 | 1595.39 | 1500 | 02-28-2026 | 1 | 1500 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 27600 |  |  |  | 2300 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 86.8 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215418682 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2325 | Appraisal - 1007 |  |  |  |  | 2325 | Appraisal - 1007 | No | 130.46 | 0.76 | 0.767 | 3033.24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 36398.76 |  |  |  | 2325 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 185.6 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215418781 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1300 | Appraisal - 1007 |  | N/A |  |  | 1300 | Appraisal - 1007 | No | 72.21 | 1.385 | 1.385 | 938.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 15600 |  |  |  | 1300 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 72.3 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215424474 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2560.51 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 43.97 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215424672 |  |  | XXXX | XXXX | Full Doc | Present | Subject Owner Occupied/Vacant |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 10386.32 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.94 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215435157 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 88.44 | 1.131 | 1.131 | 1857.15 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25200 |  |  |  | 2100 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 125.95 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215466210 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2300 | 2300 | Appraisal - 1007 |  |  |  |  | 2300 | Actual In Place Rent | No | 81.12 | 1.1 | 1.233 | 1865.65 | 2300 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 27600 |  |  |  | 2300 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 7.75 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215477779 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2900 | 2900 | Appraisal - 1007 |  |  |  |  | 2900 | Appraisal - 1007 | No | 94.58 | 1.05 | 1.057 | 2742.89 | 2900 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31140 |  |  |  | 2900 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 110.57 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 215480567 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3000 | Appraisal - 1025 |  | N/A |  |  | 3000 | Appraisal - 1025 | No | 73.43 | 1.362 | 1.362 | 2202.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 36000 |  |  |  | 3000 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 21.88 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215486002 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2220 | 2690 | Appraisal - 1007 |  |  |  |  | 2690 | Appraisal - 1007 | No | 70.17 | 1.18 | 1.425 | 1887.7 | 1325 | 06-07-2025 | 1 | 895 | 09-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 47100 |  |  |  | 2690 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 274.6 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215509274 |  |  | XXXX | XXXX | Full Doc | Present | Subject Owner Occupied/Vacant |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 11848.26 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 85500 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 22.71 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215515982 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2500 | 2700 | Appraisal - 1007 |  |  |  |  | 2700 | Appraisal - 1007 | No | 91.17 | 1.016 | 1.097 | 2461.54 | 2500 | 09-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32200 |  |  |  | 2700 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 180.22 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215517459 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 3240 | Appraisal - 1007 |  |  |  |  | 3240 | Appraisal - 1007 | No | 95.89 | 1.04 | 1.043 | 3106.91 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37282.92 |  |  |  | 3240 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 13.04 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215518499 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 6600 | 9800 | Appraisal - 1025 |  |  |  |  | 9800 | Appraisal - 1025 | No | 68.91 | 1.45 | 1.451 | 6753.17 | 3400 | 08-08-2025 | 1 |  |  |  | 3200 | 08-08-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 97500 |  |  |  | 9800 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 10.27 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215519323 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 6050 | 5550 | Appraisal - 1007 |  |  |  |  | 5550 | Appraisal - 1007 | No | 86.92 | 1.15 | 1.151 | 4823.81 | 2100 | 11-30-2025 | 12 | 2100 | 11-30-2025 | 12 | 1850 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 33300 |  |  |  | 5550 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 9.12 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215519620 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3313.32 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 36000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.03 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215520164 |  |  | XXXX | XXXX | 24 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 6738.12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 38.03 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215532599 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 4091.85 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 210.18 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215541152 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1779.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 10.25 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215556408 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2722.34 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37950 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.57 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 215581554 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3289.35 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 12000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 88.98 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215585985 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4000 | 3200 | Appraisal - 1025 |  |  |  |  | 3200 | Appraisal - 1025 | No | 60.17 | 1.66 | 1.662 | 1925.51 | 2000 | 08-15-2026 | 12 | 2000 | 08-01-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 40200 |  |  |  | 3200 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 80.22 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 215601402 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3825 | Appraisal - 1007 |  |  |  |  | 3825 | Appraisal - 1007 | No | 87.63 | 1.14 | 1.141 | 3351.89 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 39907.8 |  |  |  | 3825 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 173.43 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215612367 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 7160.31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 33.12 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 215622507 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1200 | 1350 | Lease |  |  |  |  | 1200 | Actual In Place Rent | No | 95.02 | 1.052 | 1.052 | 1140.21 | 1200 | 03-10-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 27000 |  |  |  | 1200 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 91.17 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9704663203 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2450 | 3000 | Appraisal - 1025 |  |  |  |  | 2450 | Actual In Place Rent | No | 59.75 | 1.25 | 1.674 | 1463.89 | 1250 | 08-01-2026 | 1 | 1200 | 08-10-2026 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  | 0 |  | 2450 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 54.94 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9704895367 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2040 | 2300 | Appraisal - 1025 |  |  |  |  | 2040 | Actual In Place Rent | No | 62.84 | 1.41 | 1.591 | 1282.01 | 990 | 07-31-2026 | 12 | 1050 | 05-31-2026 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17280 |  |  |  | 2040 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 44.83 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9704932905 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2725 | 2725 | Appraisal - 1007 |  |  |  |  | 2725 | Actual In Place Rent | No | 97.85 | 1.01 | 1.022 | 2666.43 | 2725 | 08-31-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 93645 |  |  |  | 2725 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 18.67 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9706035830 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2500 | 2500 | Appraisal - 1007 |  | N/A |  |  | 2500 | Actual In Place Rent | No | 61.8 | 1.618 | 1.618 | 1544.96 | 2500 | 01-01-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25300 |  |  |  | 2500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 124.05 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9707070943 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 5570 | 5470 | Appraisal - 1007 |  | N/A |  |  | 5570 | Actual In Place Rent | No | 64.87 | 1.541 | 1.541 | 3613.39 | 5570 | 05-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 26100 |  |  |  | 5570 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 28.21 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Tenant |
| 9707134426 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 5850.57 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 11.61 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9707324969 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3591.67 | Short Term Rental | 3591.67 | XXXX | 12 | 50.00% | 3591.67 | XXXX | Yes | 87.49 | 1.14 | 1.143 | 3142.35 |  |  | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 13000 |  |  |  | 3591.67 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 25.28 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9707709540 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3900 | 4200 | Appraisal - 1025 |  | N/A |  |  | 3900 | Actual In Place Rent | No | 93.05 | 1.06 | 1.075 | 3629.04 | 1900 | 03-20-2026 | 12 | 2000 | 12-13-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 18500 |  |  |  | 3900 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 40.29 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9708056305 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1500 | 1800 | Lease |  |  |  |  | 1500 | Actual In Place Rent | No | 99.98 | 1 | 1 | 1499.76 | 1500 | 09-01-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17997.12 |  |  |  | 1500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 96.32 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9708353926 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 5900 | 4600 | Appraisal - 1007 |  |  |  |  | 4600 | Appraisal - 1007 | No | 105.13 | 0.92 | 0.951 | 4835.94 | 5900 | 07-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 112800 |  |  |  | 4600 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 105.03 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9708638862 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2700 | 2700 | Appraisal - 1007 |  | N/A |  |  | 2700 | Appraisal - 1007 | No | 69.04 | 1.44 | 1.448 | 1864.18 | 2700 | 02-28-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22370.16 |  |  |  | 2700 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 23.64 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9709814207 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3950 | Appraisal - 1007 |  | N/A |  |  | 3950 | Appraisal - 1007 | No | 99.79 | 1 | 1.002 | 3941.69 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37400 |  |  |  | 3950 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.11 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9709876289 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1450 | 3350 | Appraisal - 1025 |  | N/A |  |  | 3350 | Appraisal - 1025 | No | 88.91 | 1.12 | 1.125 | 2978.6 | 1450 | 03-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 44660 |  |  |  | 3350 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 127.91 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9710220980 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2000 | Appraisal - 1007 |  |  |  |  | 2000 | Appraisal - 1007 | No | 76.88 | 1.13 | 1.301 | 1537.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23500 |  |  |  | 2000 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 50.95 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9710327900 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2750 | Appraisal - 1007 |  |  |  |  | 2750 | Appraisal - 1007 | No | 91.78 | 1.08 | 1.09 | 2524 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 30288 |  |  |  | 2750 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 13.97 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9710868820 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5200 | Appraisal - 1025 |  | N/A |  |  | 5200 | Appraisal - 1025 | No | 145.25 | 0.65 | 0.688 | 7553.21 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50000 |  |  |  | 5200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 90.02 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9711846601 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3508.33 | Short Term Rental | 3508.33 | XXXX | 12 | 71.00% | 3508.33 | XXXX | Yes | 74.67 | 1.33 | 1.339 | 2619.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31437 |  |  |  | 3508.33 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.58 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9712631648 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3575.6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 146.47 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9713654888 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 1645 | Appraisal - Narrative |  | N/A |  |  | 1645 | Appraisal - Narrative | No | 61.32 | 1.64 | 1.631 | 1008.67 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25000 |  |  |  | 1645 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 136.69 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9714021319 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 7917.64 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 74.47 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9715146032 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2000 | Appraisal - 1007 |  |  |  |  | 2000 | Appraisal - 1007 | No | 113.45 | 0.881 | 0.881 | 2268.95 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 24000 |  |  |  | 2000 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 70.5 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9715235033 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1420 | Appraisal - 1007 |  | N/A |  |  | 1420 | Appraisal - 1007 | No | 96.1 | 1 | 1.041 | 1364.61 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17040 |  |  |  | 1420 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 17.46 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9715410784 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5625 | Appraisal - 1025 |  |  |  |  | 5625 | Appraisal - 1025 | No | 99.88 | 1.001 | 1.001 | 5618.3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 45000 |  |  |  | 5625 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 18.83 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9716995569 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1700 | Appraisal - 1007 |  |  |  |  | 1700 | Appraisal - 1007 | No | 93.14 | 1.07 | 1.074 | 1583.32 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2400 |  |  |  | 1700 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 16.64 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9718614127 |  |  | XXXX | XXXX | 24 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1595.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 26.11 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9719881998 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2270 | Appraisal - 1007 |  |  |  |  | 2270 | Appraisal - 1007 | No | 99.95 | 1 | 1 | 2268.87 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 12000 |  |  |  | 2270 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.59 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9719913932 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2995 | 2800 | Appraisal - 1007 |  | N/A |  |  | 2995 | Actual In Place Rent | No | 97.29 | 1.028 | 1.028 | 2913.98 | 2995 | 11-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35940 |  |  |  | 2995 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 32.36 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9720357376 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 1744 | Appraisal - 1025 |  | N/A |  |  | 1744 | Appraisal - 1025 | No | 57.38 | 1.7 | 1.708 | 1000.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  | 1744 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 135.58 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9720507558 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5625 | Appraisal - 1025 |  |  |  |  | 5625 | Appraisal - 1025 | No | 97.07 | 1.025 | 1.03 | 5460.18 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 45000 |  |  |  | 5625 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 22.93 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9721129659 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1400 | Appraisal - 1007 |  |  |  |  | 1400 | Appraisal - 1007 | No | 86.34 | 1.158 | 1.158 | 1208.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 8400 |  |  |  | 1400 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.13 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9721453380 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3508 | 3500 | Appraisal - 1025 |  | N/A |  |  | 3500 | Appraisal - 1025 | No | 79.59 | 1.26 | 1.256 | 2785.53 | 1758 | 02-28-2026 | 12 | 1750 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 6000 |  | 0 |  | 3500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 59.12 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9721725225 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1100 | 1150 | Appraisal - 1007 |  | N/A |  |  | 1100 | Actual In Place Rent | No | 65.85 | 1.51 | 1.519 | 724.38 | 1100 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22600 |  |  |  | 1100 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 130.59 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9722582187 |  |  | XXXX | XXXX | 24 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3257.84 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 25.11 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9722782829 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5350 | Appraisal - 1007 |  |  |  |  | 5350 | Appraisal - 1007 | No | 80.43 | 1.24 | 1.243 | 4302.86 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 51630.36 |  |  |  | 5350 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 10.37 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9722784213 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 5798.38 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 144.39 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9723159167 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4400 | 4800 | Appraisal - 1025 |  |  |  |  | 4400 | Actual In Place Rent | No | 61.22 | 1.633 | 1.633 | 2693.87 | 2000 | 05-15-2026 | 12 | 2400 | 07-16-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 52800 |  |  |  | 4400 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 18.19 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9723361722 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4950 | 5600 | Appraisal - 1025 |  |  |  |  | 4950 | Actual In Place Rent | No | 94.25 | 1.05 | 1.061 | 4665.18 | 2300 | 02-01-2026 | 12 | 2650 | 12-14-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35000 |  |  |  | 4950 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 9 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9724362612 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 4132.16 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.62 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9724744298 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1500 | Appraisal - 1007 |  |  |  |  | 1500 | Appraisal - 1007 | No | 95.4 | 1 | 1.045 | 1430.93 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17940 |  |  |  | 1500 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 73.84 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9725522016 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4650 | 6400 | Appraisal - 1025 |  |  |  |  | 4650 | Actual In Place Rent | No | 104.04 | 1.2 | 1.209 | 4838.06 | 1520 | 07-31-2026 | 1 |  |  |  | 1520 | 07-31-2026 | 12 | 1610 | 09-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  | Yes | 77500 |  |  |  | 4650 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 20.07 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9725908777 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2800 | Appraisal - 1007 |  |  |  |  | 2800 | Appraisal - 1007 | No | 88.13 | 1.135 | 1.135 | 2467.52 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 16800 |  |  |  | 2800 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 33.53 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9726080899 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2375 | 2500 | Appraisal - 1025 |  |  |  |  | 2375 | Actual In Place Rent | No | 58.97 | 1.69 | 1.696 | 1400.45 | 1275 | 03-01-2026 | 12 | 1100 | 06-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 16805.28 |  |  |  | 2375 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 22.91 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9726376834 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2126.56 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 125.36 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9726642326 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2095 | 2150 | Appraisal - 1007 |  |  |  |  | 2095 | Actual In Place Rent | No | 86.48 | 1.156 | 1.156 | 1811.78 | 2095 | 04-15-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25140 |  |  |  | 2095 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 101.42 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9726683361 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2277.26 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 6000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 164.21 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9726758627 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2150 | 2000 | Appraisal - 1007 |  |  |  |  | 2000 | Appraisal - 1007 | No | 89.03 | 1.07 | 1.123 | 1780.65 | 2150 | 08-11-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 24900 |  |  |  | 2000 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 129.94 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9728354110 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1850 | Appraisal - 1007 |  |  |  |  | 1850 | Appraisal - 1007 | No | 78.32 | 1.28 | 1.277 | 1448.89 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17292 |  |  |  | 1850 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 287.57 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9728366007 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1762.5 | Appraisal - 1007 |  |  |  |  | 1762.5 | Appraisal - 1007 | No | 123.9 | 0.8 | 0.807 | 2183.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 65000 |  |  |  | 1762.5 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 10.87 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9729132259 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3491.67 | Appraisal - 1025 |  |  |  |  | 3491.67 | Appraisal - 1025 | No | 91.6 | 1.09 | 1.092 | 3198.25 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 42399 |  |  |  | 3491.67 |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 10.16 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9730755114 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3800 | 3000 | Appraisal - 1007 |  |  |  |  | 3000 | Appraisal - 1007 | No | 76.32 | 1.31 | 1.31 | 2289.55 | 3800 | 06-30-2027 | 24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22800 |  |  |  | 3000 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 7.59 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9731008117 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4800 | 4800 | Appraisal - 1007 |  |  |  |  | 4800 | Actual In Place Rent | No | 90.68 | 1.1 | 1.103 | 4352.41 | 2800 | 05-31-2026 | 1 | 2000 | 05-31-2026 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 41000 |  |  |  | 4800 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 32.37 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9733080718 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3941.66 | Short Term Rental | 3941.66 | XXXX | 12 | 45.00% | 3941.66 | XXXX | Yes | 71.52 | 1.39 | 1.398 | 2819.1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 28500 |  |  |  | 3941.66 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 26.94 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9734067003 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5583.33 | Short Term Rental | 5583.33 | XXXX | 12 | 66.00% | 5583.33 | XXXX | Yes | 45.51 | 2.197 | 2.197 | 2541.02 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 33500 |  |  |  | 5583.33 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 7.03 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9734149090 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1945 | 2195 | Appraisal - 1025 |  |  |  |  | 1945 | Actual In Place Rent | No | 99.72 | 1 | 1.003 | 1939.58 | 995 | 09-30-2025 | 12 | 950 | 08-15-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23274.96 |  |  |  | 1945 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 8.16 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9734979348 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2750 | Short Term Rental | 5841.67 | XXXX | 12 | 42.00% | 5841.67 | XXXX | Yes | 74.71 | 1.339 | 1.339 | 4364.3 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 49900 |  |  |  | 5841.67 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 23.12 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Owner |
| 9735908247 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 9300 | 9600 | Appraisal - 1025 |  |  |  |  | 9300 | Actual In Place Rent | No | 64.73 | 1.545 | 1.545 | 6019.81 | 2700 | 06-21-2026 | 12 | 3100 | 06-30-2026 | 12 | 3500 | 06-08-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 111600 |  |  |  | 9300 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 10.76 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9736024622 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2800 | 2400 | Appraisal - 1007 |  | N/A |  |  | 2400 | Appraisal - 1007 | No | 99.76 | 1 | 1.002 | 2394.34 | 2800 | 12-31-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 38500 |  |  |  | 2400 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 101.49 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9737349770 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3925 | Short Term Rental | 3925 | XXXX | 12 | 50.00% | 3925 | XXXX | Yes | 99.43 | 1 | 1.006 | 3902.56 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 46830.84 |  |  |  | 3925 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 20.02 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9737480286 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4200 | Appraisal - 1007 |  | N/A |  |  | 4200 | Appraisal - 1007 | No | 95.22 | 1.05 | 1.05 | 3999.33 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 108600 |  |  |  | 4200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 26.47 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9738133918 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4600 | Appraisal - 1007 |  |  |  |  | 4600 | Appraisal - 1007 | No | 99.82 | 1 | 1.002 | 4591.55 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 56000 |  |  |  | 4600 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 201.65 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9739457050 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2575 | Appraisal - 1007 |  |  |  |  | 2575 | Appraisal - 1007 | No | 74.2 | 1.348 | 1.348 | 1910.67 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 30900 |  |  |  | 2575 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 309.8 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9740384335 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3500 | Appraisal - 1007 |  | N/A |  |  | 3500 | Appraisal - 1007 | No | 93.05 | 1.07 | 1.075 | 3256.92 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 29337.12 |  |  |  | 3500 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.22 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9741314257 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2747.65 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 35.66 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9741899257 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 |  | Short Term Rental | 11691.66 | XXXX | 24 | 51.00% | 11691.66 | XXXX | Yes | 51.01 | 1.96 | 1.96 | 5964.18 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 75000 |  |  |  | 11691.66 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 242.22 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9742025076 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1869.9 | 1870 | Appraisal - 1025 |  | N/A |  |  | 1870 | Appraisal - 1025 | No | 61.06 | 1.55 | 1.638 | 1141.74 | 934.95 | 05-21-2026 | 12 | 934.95 | 04-13-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 41400 |  |  |  | 1870 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 50.68 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9742097141 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1500 | 1650 | Appraisal - 1007 |  |  |  |  | 1500 | Actual In Place Rent | No | 76.73 | 1.3 | 1.303 | 1151 | 1500 | 11-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22310 |  |  |  | 1500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 109.25 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9742182356 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1700 | 1700 | Appraisal - 1007 |  |  |  |  | 1700 | Actual In Place Rent | No | 84.35 | 1.18 | 1.185 | 1434.01 | 1700 | 09-30-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 36690 |  |  |  | 1700 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 106.92 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9747039783 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1800 | Appraisal - 1007 |  |  |  |  | 1800 | Appraisal - 1007 | No | 79.05 | 1.265 | 1.265 | 1422.94 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 10800 |  |  |  | 1800 |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 34.09 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Vacant |
| 9748404689 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2600 | Appraisal - 1025 |  | N/A |  |  | 2600 | Appraisal - 1025 | No | 73.81 | 1.35 | 1.355 | 1919.17 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 23029.92 |  |  |  | 2600 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 15.28 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9749454840 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2800 | Appraisal - 1007 |  |  |  |  | 2800 | Appraisal - 1007 | No | 160.07 | 0.625 | 0.625 | 4481.96 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31300 |  |  |  | 2800 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 39.65 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9749700465 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1350 | 1400 | Appraisal - 1007 |  |  |  |  | 1350 | Actual In Place Rent | No | 91.55 | 1.01 | 1.092 | 1235.95 | 1350 | 02-28-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17500 |  |  |  | 1350 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 33.17 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9750742588 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  | N/A |  |  |  |  |  |  | No |  |  | 0 | 4884.64 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 100800 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 8.34 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9750821432 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  | N/A |  |  |  |  |  |  | No |  |  | 0 | 4275.34 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 43.84 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9751394223 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 9266.67 | Short Term Rental | 9266.67 | XXXX | 12 | 51.00% | 9266.67 | XXXX | Yes | 32.47 | 3.08 | 3.08 | 3008.45 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 141250 |  |  |  | 9266.67 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 37.78 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9751415499 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2975 | Short Term Rental | 4416.67 | XXXX | 12 | 65.00% | 4416.67 | XXXX | Yes | 79.22 | 1.263 | 1.262 | 3499.02 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 42000 |  |  |  | 4416.67 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 27.01 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9751564981 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1934.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 18.74 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9751620288 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 15158.33 | Short Term Rental | 15158.33 | XXXX | 12 | 75.00% | 15158.33 | XXXX | Yes | 48.52 | 2.06 | 2.061 | 7355.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 387240 |  |  |  | 15158.33 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 16.91 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Owner |
| 9751835472 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3200 | Appraisal - 1007 |  |  |  |  | 3200 | Appraisal - 1007 | No | 92.51 | 1.01 | 1.081 | 2960.17 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 73400 |  |  |  | 3200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 66.74 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9752112467 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 |  | Short Term Rental | 3983.33 | XXXX | 12 | 65.00% | 3983.33 | XXXX | Yes | 59.41 | 1.68 | 1.683 | 2366.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 41000 |  |  |  | 3983.33 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 171.69 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Vacant |
| 9752555749 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2217.61 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 7.84 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9752815747 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2452.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 15.01 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9753120428 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 6662.61 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 73.81 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9754212091 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3900 | 4000 | Appraisal - 1025 |  |  |  |  | 3900 | Actual In Place Rent | No | 84.62 | 1.182 | 1.182 | 3300.08 | 1950 | 03-31-2026 | 12 | 1950 | 04-30-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 46800 |  |  |  | 3900 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 14.31 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9754768282 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3650 | Short Term Rental | 3650 | XXXX | 12 | 56.00% | 3650 | XXXX | Yes | 81.39 | 1.22 | 1.229 | 2970.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 149400 |  |  |  | 3650 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 108.56 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  | Yes | 3 | Full Recourse | XXXX | Owner |
| 9757202800 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1500 | 4200 | Appraisal - 1025 |  | N/A |  |  | 4200 | Appraisal - 1025 | No | 76.85 | 1.22 | 1.301 | 3227.5 | 750 | 05-31-2026 | 12 | 750 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  | 4200 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 56.63 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9757313755 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2500 | Short Term Rental | 3825 | XXXX | 12 | 50.00% | 3825 | XXXX | Yes | 136.46 | 1.12 | 1.121 | 3411.41 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35000 |  |  |  | 3825 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 30.11 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9757677100 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  | N/A |  |  |  |  |  |  | No |  |  | 0 | 6523.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 69240 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 7.05 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9757768321 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1050 | Appraisal - 1007 |  | N/A |  |  | 1050 | Appraisal - 1007 | No | 91.59 | 1.09 | 1.092 | 961.71 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 12000 |  |  |  | 1050 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 182.48 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9758025309 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1395 | 1395 | Appraisal - 1007 |  |  |  |  | 1395 | Actual In Place Rent | No | 78.72 | 1.27 | 1.27 | 1098.17 | 1395 | 03-06-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17300 |  |  |  | 1395 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 118.68 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9759037691 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2400 | Appraisal - 1025 |  |  |  |  | 2400 | Appraisal - 1025 | No | 94.95 | 1.05 | 1.053 | 2278.88 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37340 |  |  |  | 2400 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 134.09 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9759038749 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3750 | Appraisal - 1007 |  |  |  |  | 3750 | Appraisal - 1007 | No | 99.07 | 1 | 1.009 | 3714.95 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 12890 |  |  |  | 3750 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 27.56 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9759416846 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2982.73 |  |  | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 45.92 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A | XXXX | Vacant |
| 9760261454 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3900 | Appraisal - 1025 |  | N/A |  |  | 3900 | Appraisal - 1025 | No | 95.32 | 1.049 | 1.049 | 3717.51 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50400 |  |  |  | 3900 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 8.1 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9760765041 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 4348.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 44300 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 208.18 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9761287235 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2700 | 2500 | Appraisal - 1007 |  |  |  |  | 2700 | Actual In Place Rent | No | 78.07 | 1.281 | 1.281 | 2108.01 | 2700 | 05-31-2027 | 24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 22200 |  |  |  | 2700 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 104.12 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9762508985 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2000 | Short Term Rental | 5533 | XXXX | 12 | 73.00% | 5533 | XXXX | Yes | 37.8 | 2.64 | 2.645 | 2091.68 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 18000 |  |  |  | 5533 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 34.28 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9762557925 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1570 | 2000 | Appraisal - 1007 |  | N/A |  |  | 1570 | Actual In Place Rent | No | 184.02 | 0.543 | 0.543 | 2889.06 | 1570 | 12-31-2027 | 24 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1570 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 106.71 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9762572205 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2619.03 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 7.96 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9763407484 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4800 | Appraisal - 1025 |  |  |  |  | 4800 | Appraisal - 1025 | No | 98.97 | 1.01 | 1.01 | 4750.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 60000 |  |  |  | 4800 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 147.21 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9764329745 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5200 | Appraisal - 1025 |  | N/A |  |  | 5200 | Appraisal - 1025 | No | 67.94 | 1.47 | 1.472 | 3533.01 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 46700 |  |  |  | 5200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.82 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9764528197 |  |  | XXXX | XXXX | 12 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 9517.66 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 2 | 1 | N/A | 409.37 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9765776506 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 3200 | Appraisal - 1007 |  | N/A |  |  | 3200 | Appraisal - 1007 | No | 96.75 | 1.01 | 1.034 | 3096.1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 37153.2 |  |  |  | 3200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 166.43 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9765788196 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3053.26 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 8.45 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9765823084 |  |  | XXXX | XXXX | W2/1099 Verified | Present | Subject Owner Occupied/Vacant |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 4782.49 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 103.46 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9766325899 |  |  | XXXX | XXXX | Full Doc | N/A |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3382.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 179.85 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9766817614 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 9500 | Appraisal - 1007 |  |  |  |  | 9500 | Appraisal - 1007 | No | 89.5 | 1.11 | 1.117 | 8502.85 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 114000 |  |  |  | 9500 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 33.97 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9767654743 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1850 | Appraisal - 1007 |  |  |  |  | 1850 | Appraisal - 1007 | No | 98.97 | 1.01 | 1.01 | 1830.96 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2400 |  |  |  | 1850 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 15.91 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9767772743 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3000 | 2300 | Appraisal - 1007 |  |  |  |  | 2300 | Appraisal - 1007 | No | 99.36 | 1 | 1.006 | 2285.36 | 3000 | 04-01-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 18000 |  |  |  | 2300 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 83.02 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9768354152 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2100 | Appraisal - 1007 |  | N/A |  |  | 2100 | Appraisal - 1007 | No | 177.37 | 0.564 | 0.564 | 3724.74 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 45000 |  |  |  | 2100 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 15.95 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9769278517 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1921.63 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 27.9 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9770138114 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1650 | 1485 | Appraisal - 1007 |  |  |  |  | 1485 | Appraisal - 1007 | No | 88.05 | 1.1 | 1.136 | 1307.61 | 1650 | 07-09-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 19260 |  |  |  | 1485 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 10.08 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9771047645 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 4220 | 4300 | Appraisal - 1025 |  |  |  |  | 4220 | Actual In Place Rent | No | 118.47 | 0.84 | 0.844 | 4999.23 | 2110 | 05-15-2026 | 24 | 2110 | 10-04-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 59990.76 |  |  |  | 4220 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 8.71 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9774005160 |  |  | XXXX | XXXX | Full Doc | Present | Subject Owner Occupied/Vacant |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2307.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 16.9 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9774477021 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 3383.62 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 11304 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 40.39 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9774820154 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 4758.33 | Short Term Rental | 4758.33 | XXXX | 12 | 51.00% | 4758.33 | XXXX | Yes | 85.71 | 1.16 | 1.167 | 4078.32 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 53000 |  |  |  | 4758.33 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 59.87 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9775567697 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1750 | Appraisal - 1007 |  | N/A |  |  | 1750 | Appraisal - 1007 | No | 115.28 | 0.86 | 0.867 | 2017.47 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35000 |  |  |  | 1750 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 79.34 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9777656415 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1500 | 1595 | Appraisal - 1007 |  |  |  |  | 1500 | Actual In Place Rent | No | 76.94 | 1.29 | 1.3 | 1154.08 | 1500 | 05-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 28200 |  |  |  | 1500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 87 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9777869695 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 3250 | Short Term Rental | 3250 | XXXX | 12 | 60.00% | 3250 | XXXX | Yes | 98.89 | 1.01 | 1.011 | 3213.78 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25000 |  |  |  | 3250 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.12 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9778721283 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3179 | 2400 | Appraisal - 1007 |  | N/A |  |  | 2400 | Appraisal - 1007 | No | 98.88 | 1.01 | 1.011 | 2373.12 | 3179 | 01-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 16800 |  |  |  | 2400 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 14.65 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9781138848 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1800 | 1735 | Appraisal - 1007 |  | N/A |  |  | 1735 | Appraisal - 1007 | No | 76.9 | 1.28 | 1.3 | 1334.25 | 1800 | 03-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 21600 |  |  |  | 1735 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 32.51 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9782124151 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3495 | 3900 | Appraisal - 1007 |  |  |  |  | 3495 | Actual In Place Rent | No | 104.35 | 0.958 | 0.958 | 3647 | 3495 | 05-01-2026 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 64200 |  |  |  | 3495 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 49.05 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9782353941 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1650 | Appraisal - 1007 |  | N/A |  |  | 1650 | Appraisal - 1007 | No | 62.35 | 1.604 | 1.604 | 1028.79 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 20200 |  |  |  | 1650 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 69.55 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9782697651 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2200 | Appraisal - 1007 |  |  |  |  | 2200 | Appraisal - 1007 | No | 82.42 | 1.21 | 1.213 | 1813.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 32300 |  |  |  | 2200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.92 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9783549760 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1600 | 1700 | Appraisal - 1025 |  | N/A |  |  | 1600 | Actual In Place Rent | No | 61.8 | 1.59 | 1.719 | 988.78 | 800 | 07-28-2025 | 1 | 800 | 07-28-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 49162 |  |  |  | 1600 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 95.84 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Tenant |
| 9784956022 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3100 | Appraisal - 1025 |  |  |  |  | 3100 | Appraisal - 1025 | No | 82.52 | 1.21 | 1.212 | 2558.06 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 30696.84 |  |  |  | 3100 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.56 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9785194938 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2200 | Appraisal - 1007 |  |  |  |  | 2200 | Appraisal - 1007 | No | 92.21 | 1.08 | 1.085 | 2028.52 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 24342.24 |  |  |  | 2200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.7 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9785715559 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3500 | Appraisal - 1007 |  |  |  |  | 3500 | Appraisal - 1007 | No | 123.56 | 0.8 | 0.809 | 4324.77 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 100000 |  |  |  | 3500 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 8.18 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9786006123 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3500 | Appraisal - 1025 |  | N/A |  |  | 3500 | Appraisal - 1025 | No | 90.21 | 1.1 | 1.108 | 3157.48 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 92400 |  |  |  | 3500 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 11.53 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9786518796 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2369.97 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50100 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 39.84 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9786804683 |  |  | XXXX | XXXX | Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 1962.34 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 25000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 33.95 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9787076794 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1600 | Appraisal - 1007 |  | N/A |  |  | 1600 | Appraisal - 1007 | No | 79.04 | 1.265 | 1.265 | 1264.57 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 30800 |  |  |  | 1600 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 23.66 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Owner |
| 9787363390 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1892 | 2000 | Appraisal - 1007 |  | N/A |  |  | 1892 | Actual In Place Rent | No | 98.49 | 1.015 | 1.015 | 1863.46 | 1892 | 10-01-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 50160 |  |  |  | 1892 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 121.78 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9788135912 |  |  | XXXX | XXXX | 2YR Full Doc | Present | No |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 2607.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1000000 |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 14.79 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9788563741 |  |  | XXXX | XXXX | 24 Month Bank Statement | Present |  |  |  |  |  |  |  |  |  |  | No |  |  | 0 | 7816.04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |  |  |  |  |  |  |  |  |  |  |  | No | XXXX | 3 | 1 | N/A | 42.83 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9789118297 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Subject Owner Occupied/Vacant | 0 | 3400 | Appraisal - 1007 |  |  |  |  | 3400 | Appraisal - 1007 | No | 82.74 | 1.16 | 1.209 | 2813.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 44000 |  |  |  | 3400 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 262.78 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9790009204 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 7300 | Appraisal - 1025 |  |  |  |  | 7300 | Appraisal - 1025 | No | 95.21 | 1.01 | 1.05 | 6950.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 98900 |  |  |  | 7300 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 9.32 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9790495536 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1610 | 2400 | Appraisal - 1007 |  |  |  |  | 1610 | Actual In Place Rent | No | 92.78 | 1.07 | 1.078 | 1493.78 | 1610 | 07-31-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 17916 |  |  |  | 1610 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 107.4 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |
| 9790625777 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3166.66 | Appraisal - 1007 |  | N/A |  |  | 3166.66 | Appraisal - 1007 | No | 48.98 | 2.042 | 2.042 | 1551.04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 10000 |  |  |  | 3166.66 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 14.28 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9791098222 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2500 | 2500 | Appraisal - 1007 |  |  |  |  | 2500 | Actual In Place Rent | No | 99.59 | 1.004 | 1.004 | 2489.7 | 2500 | 03-01-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 38703 |  |  |  | 2500 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 103.85 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Tenant |
| 9791821847 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3650 | Short Term Rental | 3650 | XXXX | 12 | 55.00% | 3650 | XXXX | Yes | 65.46 | 1.52 | 1.528 | 2389.26 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 35020 |  |  |  | 3650 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 40 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9793198020 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 1100 | 1385 | Appraisal - 1007 |  |  |  |  | 1100 | Actual In Place Rent | No | 88.18 | 1.13 | 1.134 | 970.01 | 1100 | 05-30-2035 | 131 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 11640 |  |  |  | 1100 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 90.14 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9793785495 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2775 | Short Term Rental | 2775 | XXXX | 12 | 49.00% | 2775 | XXXX | Yes | 86.91 | 1.15 | 1.151 | 2411.64 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 68100 |  |  |  | 2775 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 33.93 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9794137852 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 2000 | Appraisal - 1025 |  |  |  |  | 2000 | Appraisal - 1025 | No | 99.28 | 1 | 1.007 | 1985.54 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 67000 |  |  |  | 2000 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 18.61 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX | Individual Guarantor | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2 | Full Recourse | XXXX | Vacant |
| 9794617077 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 5200 | Appraisal - 1007 |  | N/A |  |  | 5200 | Appraisal - 1007 | No | 170.59 | 0.55 | 0.586 | 8870.65 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 62400 |  |  |  | 5200 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 30.51 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Vacant |
| 9795633834 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 3350 | 3550 | Appraisal - 1025 |  |  |  |  | 3350 | Actual In Place Rent | No | 78.53 | 1.27 | 1.273 | 2630.71 | 1550 | 08-31-2025 | 1 | 900 | 08-31-2025 | 1 | 900 | 08-31-2025 | 1 |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31568.52 |  |  |  | 3350 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 57.72 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9796136563 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 9000 | Appraisal - 1007 |  |  |  |  | 9000 | Appraisal - 1007 | No | 74.11 | 1.01 | 1.012 | 6670.15 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 90000 |  |  |  | 9000 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 14.61 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9797618783 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1125 | Appraisal - 1007 |  |  |  |  | 1125 | Appraisal - 1007 | No | 163.62 | 0.611 | 0.611 | 1840.72 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 13500 |  |  |  | 1125 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 12.94 | No | XXXX |  | Vested Individual | XXXX | XXXX | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Vacant |
| 9797986479 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2060 | 2000 | Appraisal - 1025 |  |  |  |  | 2000 | Appraisal - 1025 | No | 59.71 | 1.675 | 1.675 | 1194.23 | 1035 | 08-01-2026 | 12 | 1025 | 07-01-2026 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 36013 |  |  |  | 2000 |  |  |  |  |  |  | No | No | XXXX | 1 | 1 | N/A | 71.52 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Tenant |
| 9798604535 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 3800 | Appraisal - 1007 |  |  |  |  | 3800 | Appraisal - 1007 | No | 99.91 | 1 | 1.001 | 3796.43 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 46500 |  |  |  | 3800 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 6.54 | No | XXXX |  | Vested Individual | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 0 | N/A |  | Owner |
| 9798946647 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | No | 0 | 1650 | Appraisal - 1007 |  |  |  |  | 1650 | Appraisal - 1007 | No | 59.45 | 1.46 | 1.462 | 980.93 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 21100 |  |  |  | 1650 |  |  |  |  |  |  |  | No | XXXX | 1 | 1 | N/A | 92.87 | Yes | XXXX | Limited Liability Corporation (LLC) | Individual Guarantor | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1 | Full Recourse | XXXX | Tenant |

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## Exhibit 99.6

**Exhibit 99.6 Schedule 4**

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| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | 214194631 |  |  | Closed | 2025-09-11 05:18 | 2025-10-13 12:55 | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/10/2025 <br>Counter-Lender provided origination appraisal. The finding is for missing evidence the borrower(s) received the appraisal. Finding remains. - Due Diligence Vendor-09/26/2025 <br>Ready for Review-Document Uploaded. - Buyer-09/23/2025 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. Appraisal Delivery is missing. - Due Diligence Vendor-09/11/2025 |  | Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | ID | Primary Residence | Purchase | NA | 5496062 | N/A | N/A |
| XXXX | 215038092 |  |  | Closed | 2025-08-07 11:11 | 2025-08-07 11:21 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/07/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/07/2025<br>|  |  |  | CA | Investment | Refinance | Cash Out - Other | 5094961 | Investor Post-Close | No |
| XXXX | 215062241 |  |  | Closed | 2025-07-23 15:39 | 2025-08-01 09:07 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/01/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/01/2025<br>|  |  |  | NE | Primary Residence | Construction-Perm | No Cash Out - Borrower Initiated | 4925604 | Investor Post-Close | No |
| XXXX | 215146044 |  |  | Closed | 2025-07-01 09:12 | 2025-08-22 07:37 | Resolved | 1 - Information | Credit | Missing Doc | Incomplete Final Application | Resolved-Lender provided complete 1003. Finding Resolved. - Due Diligence Vendor-08/22/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-08/22/2025 <br>Ready for Review-Document Uploaded. 1003 uploaded today 8/21 - Buyer-08/21/2025 <br>Open-The Final 1003 is Incomplete The Final 1003 provided in the loan file is missing pages 1 and 2. - Due Diligence Vendor-07/01/2025 |  | Resolved-Lender provided complete 1003. Finding Resolved. - Due Diligence Vendor-08/22/2025 <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-08/22/2025<br>| XXXX |  |  | IL | Investment | Refinance | Cash Out - Other | 4614657 | N/A | N/A |
| XXXX | 215146044 |  |  | Closed | 2025-07-01 09:57 | 2025-08-21 14:47 | Acknowledged | 2 - Non-Material | Credit | Eligibility | Transaction Ineligible | Acknowledged - Per VP of Correspondent Underwriting: The vesting guides were removed from correspondent guidelines in error. The H20 system for other channels were not able to process LLC vesting for non XXXX product but Correspondent systems was/is able to .. they were added back into guides in May but had always been eligible under XXXX guides. Final Grade 2/B due to error in removal - allowance of Entity previously and now added back to the guidelines. Borrower has been self employed for 32 yrs. 75% LTV is below the 80% guideline minimum. 9.15% DTI is below the 50% guideline maximum. 756 Credit Score is above the 720 guideline minimum.<br> Acknowledged-Lender provided acknowledgement to omission on guidelines. Finding Changed to EV2. - Due Diligence Vendor-08/21/2025 <br> Ready for Review-Document Uploaded. Emailed XXXX today: <br> Based on attached, follow email explaining the guideline update, the vesting condition should be waived. <br> Would you readdress? <br> - Buyer-08/21/2025 <br> Open-Received updated lender guidelines; guidelines still reflect vesting in a company is not permitted. Finding remains. - Due Diligence Vendor-08/13/2025 <br> Open-Lender guidelines state vesting must be in the name of an individual. Despite this requirement, the Deed of Trust reflects vesting in the Borrower's LLC. - Due Diligence Vendor-07/01/2025 |  | Acknowledged - Per VP of Correspondent Underwriting: The vesting guides were removed from correspondent guidelines in error. The H20 system for other channels were not able to process LLC vesting for non XXXX product but Correspondent systems was/is able to .. they were added back into guides in May but had always been eligible under XXXX guides. Final Grade 2/B due to error in removal - allowance of Entity previously and now added back to the guidelines. Borrower has been self employed for 32 yrs. 75% LTV is below the 80% guideline minimum. 9.15% DTI is below the 50% guideline maximum. 756 Credit Score is above the 720 guideline minimum.<br> Acknowledged-Lender provided acknowledgement to omission on guidelines. Finding Changed to EV2. - Due Diligence Vendor-08/21/2025 | XXXX | Borrower has been self employed for 32 yrs. 75% LTV is below the 80% guideline minimum. 9.15% DTI is below the 50% guideline maximum. 756 Credit Score is above the 720 guideline minimum. |  | IL | Investment | Refinance | Cash Out - Other | 4615571 | Originator Post-Close | Yes |
| XXXX | 215165416 |  |  | Closed | 2025-08-25 09:07 | 2025-09-07 16:02 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | SC | Second Home | Refinance | Cash Out - Other | 5299074 | Investor Post-Close | No |
| XXXX | 215172875 |  |  | Closed | 2025-09-18 08:59 | 2025-11-19 12:08 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-REO's are free and clear. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br> Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-10/13/2025 <br> Ready for Review-Both properties are lien free. If these are not the correct properties, please identify by address in the finding. 3rd REO listed on app in section 3 is XXXX;XXXX homeowners insurance policy page 4 and 5;XXXX Title Work page 1; HOA fee XXXX Email. 4th REO listed on app section 3 is XXXX Unit XXXX;XXXX homeowners insurance policy pages 1-4; XXXX Title Work page2; HOA fee XXXX Email. - Buyer-10/09/2025 <br> Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements REO 3 supporting documentation to calculate Taxes and REO 4 Mortgage statement to verify (PITI) is not provided in loan file. - Due Diligence Vendor-09/18/2025 |  | Resolved-REO's are free and clear. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-10/13/2025<br>|  |  |  | PA | Investment | Refinance | Cash Out - Other | 5583722 | N/A | N/A |
| XXXX | 215172875 |  |  | Closed | 2025-09-18 08:59 | 2025-10-13 13:13 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-REO properties are free and Clear. Finding resolved. - Due Diligence Vendor-10/13/2025 <br> Ready for Review-Underwriter's response - Both properties are lien free. If these are not the correct properties, please identify by address in the finding. 3rd REO listed on app in section 3 is XXXX; XXXX homeowners insurance policy page 4 and 5; Taxes XXXX Title Work page 1; HOA fee XXXX Email. 4th REO listed on app section 3 is XXXX homeowners insurance policy pages 1-4; Taxes #XXXX Title Work page2; HOA feeXXXX Email. - Buyer-10/09/2025 <br> Open-REO 3 supporting documentation to calculate Taxes and REO 4 Mortgage statement to verify (PITI) is not provided in loan file. - Due Diligence Vendor-09/18/2025 |  | Resolved-REO properties are free and Clear. Finding resolved. - Due Diligence Vendor-10/13/2025<br>|  |  |  | PA | Investment | Refinance | Cash Out - Other | 5583730 | N/A | N/A |
| XXXX | 215210139 |  |  | Closed | 2025-07-15 15:29 | 2025-07-15 15:30 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/15/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/15/2025<br>|  |  |  | PA | Investment | Purchase | NA | 4827461 | Investor Post-Close | No |
| XXXX | 215238700 |  |  | Closed | 2025-08-07 13:06 | 2025-09-19 14:16 | Resolved | 1 - Information | Compliance | Fees:Limited | California - Maximum Payoff Demand Fee | Resolved- - Due Diligence Vendor-09/19/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/19/2025 <br>Open- - Due Diligence Vendor-09/19/2025 <br>Resolved- - Due Diligence Vendor-09/19/2025 <br>Open- - Due Diligence Vendor-09/19/2025 <br>Resolved- - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. uploaded support docs on title charge refund - Investor-09/12/2025 <br>Open- - Due Diligence Vendor-08/19/2025 <br>Open-Under the California Civil Code, a payoff demand fee may not exceed $30. (Cal. Civ. Code 2943(e)(6)) The post-closing Closing Disclosure reflect a Payoff Demand Fee of $65.00. - Due Diligence Vendor-08/07/2025 |  | Resolved- - Due Diligence Vendor-09/19/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 5097464 | N/A | N/A |
| XXXX | 215238700 |  |  | Closed | 2025-08-07 13:22 | 2025-09-19 13:17 | Resolved | 1 - Information | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Correspondent Loan Approval Notification present in the loan file. Resolved. - Due Diligence Vendor-09/19/2025 <br> Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-09/19/2025 <br> Ready for Review-can't generate a 1008. The underwriting workbook is the equivalent (XXXX). Sometimes the Client will upload an initial 1008 but the figures change throughout the process, and it isn't always accurate. - Buyer-09/12/2025 <br> Open-Missing Approval/Underwriting Summary Missing final 1008 - Due Diligence Vendor-08/07/2025 |  | Resolved-Correspondent Loan Approval Notification present in the loan file. Resolved. - Due Diligence Vendor-09/19/2025 <br>Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-09/19/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 5097896 | N/A | N/A |
| XXXX | 215239609 |  |  | Closed | 2025-07-09 06:35 | 2025-09-16 16:57 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-09/16/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Sep 2024 bank statement is missing - Due Diligence Vendor-07/09/2025 |  | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-09/16/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | 4745654 | N/A | N/A |
| XXXX | 215239609 |  |  | Closed | 2025-07-09 07:43 | 2025-09-16 16:56 | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-09/16/2025 <br>Resolved-Lender provided September 2024 Business Bank Stmt. Finding resolved. - Due Diligence Vendor-08/26/2025 <br>Ready for Review-Document Uploaded. - Buyer-08/26/2025 <br>Open-Sep 2024 business bank statement is missing in file - Due Diligence Vendor-07/09/2025 |  | Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-09/16/2025 <br>Resolved-Lender provided September 2024 Business Bank Stmt. Finding resolved. - Due Diligence Vendor-08/26/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 4746310 | N/A | N/A |
| XXXX | 215246695 |  |  | Closed | 2025-09-16 09:09 | 2025-10-13 13:51 | Resolved | 1 - Information | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Open-All Interested Parties Not Checked with Exclusionary Lists - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025<br>|  |  |  | MI | Primary Residence | Purchase | NA | 5550994 | N/A | N/A |
| XXXX | 215246695 |  |  | Closed | 2025-09-16 08:21 | 2025-10-13 13:51 | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-10/13/2025 <br>Open-Missing Third Party Fraud Report - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-10/13/2025<br>|  |  |  | MI | Primary Residence | Purchase | NA | 5550079 | N/A | N/A |
| XXXX | 215246695 |  |  | Closed | 2025-09-16 08:21 | 2025-10-13 13:50 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/09/2025 <br>Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided Drive Report with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | MI | Primary Residence | Purchase | NA | 5550078 | N/A | N/A |
| XXXX | 215246695 |  |  | Closed | 2025-09-15 18:29 | 2025-09-22 10:42 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025<br>|  |  |  | MI | Primary Residence | Purchase | NA | 5546001 | Investor Post-Close | No |
| XXXX | 215271453 |  |  | Closed | 2025-09-18 12:43 | 2025-10-14 18:02 | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-Lender provided appraisal waiver. Condition cleared. - Due Diligence Vendor-10/14/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/14/2025 <br>Ready for Review-Document Uploaded. appraisal receipt evidence uploaded - Buyer-10/14/2025 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/19/2025 |  | Resolved-Lender provided appraisal waiver. Condition cleared. - Due Diligence Vendor-10/14/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/14/2025<br>| XXXX |  |  | MA | Primary Residence | Refinance | Cash Out - Other | 5589388 | N/A | N/A |
| XXXX | 215277674 |  |  | Closed | 2025-08-20 10:16 | 2025-11-19 11:04 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br> Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-10/15/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-10/15/2025 <br> Ready for Review-Document Uploaded. • Loan amount is $XXXX; per product summary #34, 3 months pitia reserves for the subject is required<br> • Borrowers had one additional property, another 2 months pitia reserves for that property also required <br> • Total reserves required equals $39,547 as per previous rebuttal. <br> • DTI is 39.94% and additional reserves when the DTI is over 45% does not apply <br> • Maximum reserves under the product are the lesser of total required ($39547) or 15 months. When maximum 15 months applies, those reserves are calculated using the subject PITIA. This doesn't apply to this loan as required reserves are less than 15 months. <br>- Investor-10/13/2025 <br> Counter- - Due Diligence Vendor-09/19/2025 <br> Counter-Reserve calculation is 3 months for subject plus 2 additional months for one additional financed property plus 3 additional months for DTI exceeding 45% for a total of 8 months required reserves or $74,532.48. Per guideline, all reserves are based off of subject PITIA. Verified assets still insufficient to satisfy reserve requirement. Finding remains. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Disagree. Clarification of how $74532.48 reserves amount was calculated. Loan amount is less than $1.5 and 3 months for the subject required (XXXX) plus 2 months for additional financed REO/primary home (2 x $5519=$11038) equals total required reserves of $39,547. Finding indicates reserves to be $53444.35 and would meet requirement for reserves. - Buyer-09/12/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Total Qualified Assets for Reserves Post-Close of $53444.35 is less than Total Required Reserve Amount of $74532.48. - Due Diligence Vendor-08/21/2025 |  | Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-10/15/2025<br>| XXXX |  |  | TX | Second Home | Refinance | No Cash Out - Borrower Initiated | 5248845 | N/A | N/A |
| XXXX | 215277674 |  |  | Closed | 2025-08-20 10:13 | 2025-10-15 14:00 | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br> Resolved-Audited Reserves of 5.74 month(s) are greater than or equal to Guideline Required Reserves of 5 month(s) - Due Diligence Vendor-10/15/2025 <br> Ready for Review-Document Uploaded. • Loan amount is $XXXX; per product summary #34, 3 months pitia reserves for the subject is required<br> • Borrowers had one additional property, another 2 months pitia reserves for that property also required <br> • Total reserves required equals $39,547 as per previous rebuttal. <br> • DTI is 39.94% and additional reserves when the DTI is over 45% does not apply <br> • Maximum reserves under the product are the lesser of total required ($39547) or 15 months. When maximum 15 months applies, those reserves are calculated using the subject PITIA. This doesn't apply to this loan as required reserves are less than 15 months. <br>- Seller-10/13/2025 <br> Counter-Reserve calculation is 3 months for subject plus 2 additional months for one additional financed property plus 3 additional months for DTI exceeding 45% for a total of 8 months required reserves or $74,532.48. Per guideline, all reserves are based off of subject PITIA. Verified assets still insufficient to satisfy reserve requirement. Finding remains. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Disagree. Clarification of how $74532.48 reserves amount was calculated. Loan amount is less than $1.5 and 3 months for the subject required (XXXX) plus 2 months for additional financed REO/primary home (2 x $5519=$11038) equals total required reserves of $39,547. Finding indicates reserves to be $53444.35 and would meet requirement for reserves. - Investor-09/12/2025 <br> Open-Audited Reserves of 5.74 month(s) are less than Guideline Required Reserves of 8 month(s). - Due Diligence Vendor-08/20/2025 | Ready for Review-Document Uploaded. • Loan amount is $XXXX; per product summary #34, 3 months pitia reserves for the subject is required<br> • Borrowers had one additional property, another 2 months pitia reserves for that property also required <br> • Total reserves required equals $39,547 as per previous rebuttal. <br> • DTI is 39.94% and additional reserves when the DTI is over 45% does not apply <br> • Maximum reserves under the product are the lesser of total required ($39547) or 15 months. When maximum 15 months applies, those reserves are calculated using the subject PITIA. This doesn't apply to this loan as required reserves are less than 15 months. <br>- Seller-10/13/2025 | Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br>Resolved-Audited Reserves of 5.74 month(s) are greater than or equal to Guideline Required Reserves of 5 month(s) - Due Diligence Vendor-10/15/2025<br>| XXXX |  |  | TX | Second Home | Refinance | No Cash Out - Borrower Initiated | 5248773 | N/A | N/A |
| XXXX | 215277674 |  |  | Closed | 2025-08-20 10:02 | 2025-10-15 13:59 | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br> Resolved-Total Qualified Assets for Reserves Post-Close of $53444.35 is equal to or greater than Total Required Reserve Amount of $27949.68 - Due Diligence Vendor-10/15/2025 <br> Ready for Review-Document Uploaded. • Loan amount is $XXXX; per product summary #34, 3 months pitia reserves for the subject is required<br> • Borrowers had one additional property, another 2 months pitia reserves for that property also required <br> • Total reserves required equals $39,547 as per previous rebuttal. <br> • DTI is 39.94% and additional reserves when the DTI is over 45% does not apply <br> • Maximum reserves under the product are the lesser of total required ($39547) or 15 months. When maximum 15 months applies, those reserves are calculated using the subject PITIA. This doesn't apply to this loan as required reserves are less than 15 months. <br>- Buyer-10/13/2025 <br> Counter-Reserve calculation is 3 months for subject plus 2 additional months for one additional financed property plus 3 additional months for DTI exceeding 45% for a total of 8 months required reserves or $74,532.48. Per guideline, all reserves are based off of subject PITIA. Verified assets still insufficient to satisfy reserve requirement. Finding remains. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Disagree. Clarification of how $74532.48 reserves amount was calculated. Loan amount is less than $1.5 and 3 months for the subject required (XXXX) plus 2 months for additional financed REO/primary home (2 x $5519=$11038) equals total required reserves of $39,547. Finding indicates reserves to be $53444.35 and would meet requirement for reserves. - Seller-09/12/2025 <br> Open-Total Qualified Assets for Reserves Post-Close of $53444.35 is less than Total Required Reserve Amount of $74532.48. - Due Diligence Vendor-08/20/2025 | Ready for Review-Disagree. Clarification of how $74532.48 reserves amount was calculated. Loan amount is less than $1.5 and 3 months for the subject required (3 X $9503=$28509) plus 2 months for additional financed REO/primary home (2 x $5519=$11038) equals total required reserves of $39,547. Finding indicates reserves to be $53444.35 and would meet requirement for reserves. - Seller-09/12/2025<br>| Resolved-Lender provided clarification on reserve requirements. Finding Resolved. - Due Diligence Vendor-10/15/2025 <br>Resolved-Total Qualified Assets for Reserves Post-Close of $53444.35 is equal to or greater than Total Required Reserve Amount of $27949.68 - Due Diligence Vendor-10/15/2025<br>| XXXX |  |  | TX | Second Home | Refinance | No Cash Out - Borrower Initiated | 5248453 | N/A | N/A |
| XXXX | 215284977 |  |  | Closed | 2025-08-25 10:02 | 2025-08-25 10:02 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | IN | Primary Residence | Purchase | NA | 5300381 | Investor Post-Close | No |
| XXXX | 215285354 |  |  | Closed | 2025-07-24 10:39 | 2025-10-16 10:51 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC provided. Finding Resolved. - Due Diligence Vendor-10/16/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/16/2025 <br>Ready for Review-Document Uploaded. OFAC received from lender, now uploaded here. - Buyer-10/14/2025 <br>Counter-The is required per the Statement of Works, Exhibit L & M. 'Credit / Background Check Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting, Guidelines, including OFAC' - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Please provide a further explanation as to why this is needed - Buyer-08/27/2025 <br>Counter-The OFAC is missing from the loan file. Please provide a complete copy of the OFAC. - Due Diligence Vendor-08/25/2025 <br>Ready for Review-Please provide a further explanation, regarding the " OFAC Check Not Completed and/or Cleared" - Buyer-08/22/2025 <br>Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-07/24/2025 |  | Resolved-OFAC provided. Finding Resolved. - Due Diligence Vendor-10/16/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/16/2025<br>| XXXX |  |  | SC | Second Home | Purchase | NA | 4934163 | N/A | N/A |
| XXXX | 215294505 |  |  | Closed | 2025-08-27 06:40 | 2025-09-06 07:47 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025<br>|  |  |  | TX | Second Home | Refinance | Cash Out - Other | 5329666 | Investor Post-Close | No |
| XXXX | 215297805 |  |  | Closed | 2025-07-23 10:37 | 2025-10-08 12:19 | Resolved | 1 - Information | Credit | Missing Doc | Missing Guaranty Agreement - Borrower 1 | Resolved-Borrower signed individually. Finding Resolved. - Due Diligence Vendor-10/08/2025 <br>Ready for Review-Consulted our compliance team, and other diligence vendors on the LLC and Personal Guaranty. Because of the Note referencing the LLC, but customer signing individually, the need for personal guarantee should have been waived. - Buyer-10/07/2025 <br>Open-Missing Guaranty Agreement for Borrower 1. - Due Diligence Vendor-07/23/2025 |  | Resolved-Borrower signed individually. Finding Resolved. - Due Diligence Vendor-10/08/2025<br>|  |  |  | WA | Investment | Refinance | No Cash Out - Borrower Initiated | 4919621 | N/A | N/A |
| XXXX | 215297862 |  |  | Closed | 2025-07-23 12:38 | 2025-10-08 12:23 | Resolved | 1 - Information | Credit | Missing Doc | Missing Guaranty Agreement - Borrower 1 | Resolved-Borrower signed individually. Finding Resolved. - Due Diligence Vendor-10/08/2025 <br>Ready for Review-Consulted our compliance team, and other diligence vendors on the LLC and Personal Guaranty. Because of the Note referencing the LLC, but customer signing individually, the need for personal guarantee should have been waived. - Buyer-10/07/2025 <br>Open-Missing Guaranty Agreement for Borrower 1. - Due Diligence Vendor-07/23/2025 |  | Resolved-Borrower signed individually. Finding Resolved. - Due Diligence Vendor-10/08/2025<br>|  |  |  | WA | Investment | Refinance | No Cash Out - Borrower Initiated | 4922088 | N/A | N/A |
| XXXX | 215347733 |  |  | Closed | 2025-08-25 14:06 | 2025-08-25 14:06 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | UT | Primary Residence | Refinance | Cash Out - Other | 5306417 | Investor Post-Close | No |
| XXXX | 215349218 |  |  | Closed | 2025-08-07 08:54 | 2025-08-19 14:04 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2025<br>|  |  |  | TX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5090779 | Investor Post-Close | No |
| XXXX | 215350935 |  |  | Closed | 2025-09-16 12:14 | 2025-10-01 13:46 | Resolved | 1 - Information | Credit | Closing | Borrower 2 Photo ID is expired | Resolved-Lender provided valid driver's license. Finding Resolved - Due Diligence Vendor-10/01/2025 <br>Resolved-Borrower 2 photo ID expiration date is 01-15-3033 and note is dated 07-11-2025. - Due Diligence Vendor-10/01/2025 <br>Ready for Review-Document Uploaded. - Investor-09/30/2025 <br>Open-Borrower 2 photo ID expiration date is 06-13-2025 and note is dated 07-11-2025. - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided valid driver's license. Finding Resolved - Due Diligence Vendor-10/01/2025 <br>Resolved-Borrower 2 photo ID expiration date is 01-15-3033 and note is dated 07-11-2025. - Due Diligence Vendor-10/01/2025<br>| XXXX |  |  | TN | Investment | Purchase | NA | 5556051 | N/A | N/A |
| XXXX | 215350935 |  |  | Closed | 2025-08-11 14:37 | 2025-10-01 13:45 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-B1 Drivers License provided. Finding Resolved. - Due Diligence Vendor-09/16/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/16/2025 <br>Ready for Review-Document Uploaded. uploaded ID brwr 1 and 2 - Investor-09/12/2025 <br>Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-08/11/2025 |  | Resolved-B1 Drivers License provided. Finding Resolved. - Due Diligence Vendor-09/16/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/16/2025<br>| XXXX |  | Missing Borrower Identification - Borrower 1. | TN | Investment | Purchase | NA | 5136375 | N/A | N/A |
| XXXX | 215350935 |  |  | Closed | 2025-08-11 14:37 | 2025-10-01 13:45 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 2 | Resolved-B2 Drivers License provided. Finding Resolved. - Due Diligence Vendor-09/16/2025 <br>Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/16/2025 <br>Ready for Review-Document Uploaded. uploaded ID brwr 1 and 2 - Seller-09/12/2025 <br>Open-Missing Borrower Identification - Borrower 2. - Due Diligence Vendor-08/11/2025 | Ready for Review-Document Uploaded. uploaded ID brwr 1 and 2 - Seller-09/12/2025<br>| Resolved-B2 Drivers License provided. Finding Resolved. - Due Diligence Vendor-09/16/2025 <br>Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/16/2025<br>| XXXX |  |  | TN | Investment | Purchase | NA | 5136376 | N/A | N/A |
| XXXX | 215355231 |  |  | Closed | 2025-09-19 08:19 | 2025-10-20 12:04 | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-Lender provided appraisal acknowledgement. Condition cleared. - Due Diligence Vendor-10/20/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/20/2025 <br>Ready for Review-Document Uploaded. appraisal doc uploaded - Buyer-10/18/2025 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-09/19/2025 |  | Resolved-Lender provided appraisal acknowledgement. Condition cleared. - Due Diligence Vendor-10/20/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/20/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5598354 | N/A | N/A |
| XXXX | 215355231 |  |  | Closed | 2025-09-19 08:07 | 2025-09-19 08:07 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/19/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/19/2025<br>|  |  |  | FL | Investment | Purchase | NA | 5598213 | Investor Post-Close | No |
| XXXX | 215418682 |  |  | Closed | 2025-09-04 10:40 | 2025-10-03 09:04 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Lender provided state issue driver's license. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-10/03/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/01/2025 <br>Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-09/04/2025 |  | Resolved-Lender provided state issue driver's license. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-10/03/2025<br>| XXXX |  |  | ID | Investment | Purchase | NA | 5411040 | N/A | N/A |
| XXXX | 215424474 |  |  | Closed | 2025-08-25 06:46 | 2025-10-06 14:43 | Resolved | 1 - Information | Credit | Closing | Borrower 1 Photo ID is expired | Resolved-Lender provided updated Patriot Act form with non-expired expiration date. Finding Resolved. - Due Diligence Vendor-10/06/2025 <br> Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XXXX. - Due Diligence Vendor-10/06/2025 <br> Ready for Review-Document Uploaded. - Buyer-10/03/2025 <br> Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XXXX. Provided Patriot Act form for borrower reflects expiration date as XX/XX/XXXX which is also the date of birth. - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided updated Patriot Act form with non-expired expiration date. Finding Resolved. - Due Diligence Vendor-10/06/2025 <br>Resolved-Borrower photo ID expiration date is 05-15-2032 and note is dated 07-28-2025. - Due Diligence Vendor-10/06/2025<br>| XXXX |  |  | SC | Investment | Purchase | NA | 5297093 | N/A | N/A |
| XXXX | 215424474 |  |  | Closed | 2025-08-25 12:32 | 2025-09-25 07:23 | Resolved | 1 - Information | Credit | Missing Doc | Missing Condo Questionnaire | Resolved-Lender provided Condo Questionnaire. Finding Resolved - Due Diligence Vendor-09/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-09/23/2025 <br>Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.<br> - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided Condo Questionnaire. Finding Resolved - Due Diligence Vendor-09/25/2025<br>| XXXX |  |  | SC | Investment | Purchase | NA | 5304230 | N/A | N/A |
| XXXX | 215429077 |  |  | Closed | 2025-09-22 07:51 | 2025-09-22 07:51 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/22/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/22/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5615485 | Investor Post-Close | No |
| XXXX | 215477779 |  |  | Closed | 2025-09-04 06:52 | 2025-10-13 09:46 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Fraud report provided with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/09/2025 <br>Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-09/04/2025 |  | Resolved-Fraud report provided with OFAC. Finding Resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 5406181 | N/A | N/A |
| XXXX | 215480948 |  |  | Closed | 2025-08-26 07:25 | 2025-11-19 14:19 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements | Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-11/19/2025 <br>Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-11/19/2025 <br>Resolved-Lender advised it was an UW oversight that PUD was listed on 1008. Per appraisal subject is not in a PUD. Finding resolved. - Due Diligence Vendor-10/01/2025 <br>Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-10/01/2025 <br>Ready for Review-Document Uploaded. Underwriter's response - Underwriter oversight as this was listed on the initial 1003. Property not located in a PUD and no HOA fee for the subject would apply. - Buyer-09/29/2025 <br>Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements due to missing HOA supporting documents in file but HOA collected - Due Diligence Vendor-08/26/2025 |  | Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-11/19/2025 <br>Resolved-Lender advised it was an UW oversight that PUD was listed on 1008. Per appraisal subject is not in a PUD. Finding resolved. - Due Diligence Vendor-10/01/2025 <br>Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-10/01/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | 5314891 | N/A | N/A |
| XXXX | 215480948 |  |  | Closed | 2025-09-05 14:21 | 2025-10-01 13:54 | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of HOA Dues for Primary Residence | Resolved-Lender advised it was an UW oversight that PUD was listed on 1008. Per appraisal subject is not in a PUD. Finding resolved. - Due Diligence Vendor-10/01/2025 <br>Ready for Review-Document Uploaded. Underwriter's response - Underwriter oversight as this was listed on the initial 1003. Property not located in a PUD and no HOA fee for the subject would apply. - Buyer-09/29/2025 <br>Open-Missing Evidence of HOA Dues for Primary Residence Provide supporting document to verify HOA fees (per 1008). - Due Diligence Vendor-09/05/2025 |  | Resolved-Lender advised it was an UW oversight that PUD was listed on 1008. Per appraisal subject is not in a PUD. Finding resolved. - Due Diligence Vendor-10/01/2025<br>| XXXX |  |  | CA | Primary Residence | Purchase | NA | 5433435 | N/A | N/A |
| XXXX | 215519323 |  |  | Closed | 2025-09-05 15:25 | 2025-11-20 14:43 | Resolved | 1 - Information | Credit | Closing | Borrower 1 Photo ID is expired | Resolved-Lender provided US Passport with active status and not expired. Finding Resolved. - Due Diligence Vendor-09/30/2025 <br> Resolved-Borrower photo ID expiration date is 03-23-2026 and note is dated XXXX. - Due Diligence Vendor-09/30/2025 <br> Ready for Review-Document Uploaded. - Buyer-09/29/2025 <br> Open-Borrower photo ID expiration date is 02-14-2025 and note is dated XXXX. - Due Diligence Vendor-09/05/2025 |  | Resolved-Lender provided US Passport with active status and not expired. Finding Resolved. - Due Diligence Vendor-09/30/2025 <br>Resolved-Borrower photo ID expiration date is 03-23-2026 and note is dated 08-07-2025. - Due Diligence Vendor-09/30/2025<br>| XXXX |  |  | CT | Investment | Purchase | NA | 5434691 | N/A | N/A |
| XXXX | 215519323 |  |  | Closed | 2025-11-20 14:41 | 2025-11-20 14:43 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-11/20/2025 <br>Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-11/20/2025 |  | Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-11/20/2025<br>|  |  |  | CT | Investment | Purchase | NA | 6331804 | N/A | N/A |
| XXXX | 215520164 |  |  | Closed | 2025-08-11 13:30 | 2025-09-05 10:23 | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Shortfall | Resolved-Lender provided copies of both policies. Coverage is sufficient. Finding Resolved. - Due Diligence Vendor-09/05/2025 <br> Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed Replacement Coverage is present - Due Diligence Vendor-09/05/2025 <br> Ready for Review-Document Uploaded. Per lender - attached, find 2 policies on this property, which have extended coverages and provide sufficient coverage - Buyer-09/04/2025 <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX . - Due Diligence Vendor-08/20/2025 |  | Resolved-Lender provided copies of both policies. Coverage is sufficient. Finding Resolved. - Due Diligence Vendor-09/05/2025 <br> Resolved-Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed Replacement Coverage is present - Due Diligence Vendor-09/05/2025 | XXXX |  |  | CA | Investment | Refinance | Cash Out - Home Improvement/Reno | 5135109 | N/A | N/A |
| XXXX | 215564170 |  |  | Closed | 2025-09-11 07:26 | 2025-10-13 12:18 | Resolved | 1 - Information | Compliance | Missing Doc | XXXX Organizations Disclosure Missing or Incomplete | Resolved-Lender provided XXXX Organization Disclosure. Condition cleared. - Due Diligence Vendor-10/13/2025 <br>Resolved-XXXX Disclosure Is Present or Not Applicable - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/09/2025 <br>Open-XXXX Organizations Disclosure Missing or Incomplete - Due Diligence Vendor-09/11/2025 |  | Resolved-Lender provided XXXX Organization Disclosure. Condition cleared. - Due Diligence Vendor-10/13/2025 <br>Resolved-XXXX Disclosure Is Present or Not Applicable - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | SC | Primary Residence | Purchase | NA | 5497126 | N/A | N/A |
| XXXX | 215564170 |  |  | Closed | 2025-09-11 09:06 | 2025-10-13 12:16 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. - Buyer-10/09/2025 <br>Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-09/11/2025 |  | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | SC | Primary Residence | Purchase | NA | 5498646 | N/A | N/A |
| XXXX | 215601402 |  |  | Closed | 2025-09-04 01:31 | 2025-10-16 10:53 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC provided. Finding Resolved. - Due Diligence Vendor-10/16/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/16/2025 <br>Ready for Review-Document Uploaded. OFAC docs uploaded here - Buyer-10/14/2025 <br>Open-OFAC Check Not Completed and/or Cleared. - Due Diligence Vendor-09/04/2025 |  | Resolved-OFAC provided. Finding Resolved. - Due Diligence Vendor-10/16/2025 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-10/16/2025<br>| XXXX |  |  | NC | Investment | Purchase | NA | 5404636 | N/A | N/A |
| XXXX | 215601402 |  |  | Closed | 2025-09-04 02:43 | 2025-09-25 14:00 | Resolved | 1 - Information | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received sufficient evidence of rate lock. Finding resolved. - Due Diligence Vendor-09/25/2025 <br>Ready for Review-Document Uploaded. - Buyer-09/23/2025 <br>Open-Missing evidence of rate lock - Due Diligence Vendor-09/04/2025 |  | Resolved-Received sufficient evidence of rate lock. Finding resolved. - Due Diligence Vendor-09/25/2025<br>| XXXX |  |  | NC | Investment | Purchase | NA | 5404882 | N/A | N/A |
| XXXX | 215612367 |  |  | Closed | 2025-09-19 06:52 | 2025-10-20 12:01 | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-Lender provided appraisal acknowledgement. Condition cleared. - Due Diligence Vendor-10/20/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/20/2025 <br>Ready for Review-Document Uploaded. appraisal docs uploaded - Buyer-10/18/2025 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/19/2025 |  | Resolved-Lender provided appraisal acknowledgement. Condition cleared. - Due Diligence Vendor-10/20/2025 <br>Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-10/20/2025<br>| XXXX |  |  | SC | Investment | Purchase | NA | 5597400 | N/A | N/A |
| XXXX | 215617242 |  |  | Buyer | 2025-09-18 10:51 | 2025-11-20 11:04 | Counter | 2 - Non-Material | Compliance | Tolerance:Disclosure | Federal - XXXX Disclosure Delivery | Ready for Review-Document Uploaded. - Investor-11/20/2025 <br> Counter-Nothing supports an app date of XXXX. The loan file supports an app date of XXXX. Condition maintained. - Due Diligence Vendor-11/07/2025 <br> Ready for Review-Document Uploaded. - Investor-11/07/2025 <br> Counter-Both compliance reports in file reflect an app date of XXXX. Additionally, LE's were disclosed on XXXX. Intent to proceed missing from the loan file. Nothing supports an app date of XXXX except the date the LO signed the initial 1003. Condition maintained. - Due Diligence Vendor-10/22/2025 <br> Ready for Review-Document Uploaded. Uploaded doc. We have reviewed Initial Uniform Residential Loan Application (1003) showing Application date XXXX also attached 1003 document regarding the deficiency in the Delivery Pool Rithm OPUS. - Seller-10/22/2025 <br> Counter-. - Due Diligence Vendor-10/14/2025 <br> Acknowledged-The XXXX Organization Disclosure Sent Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). - Due Diligence Vendor-10/14/2025 <br> Ready for Review-Document Uploaded. Counseling form uploaded here - Investor-10/14/2025 <br> Open-The XXXX Organization Disclosure Sent Date (XXXX) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of XXXX organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) . This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/18/2025 <br> Open- - Due Diligence Vendor-09/18/2025 <br> Open- - Due Diligence Vendor-09/18/2025 | Ready for Review-Document Uploaded. Uploaded doc. We have reviewed Initial Uniform Residential Loan Application (1003) showing Application date (XXXX) also attached 1003 document regarding the deficiency in the XXXX. - Seller-10/22/2025 | Acknowledged-The XXXX Organization Disclosure Sent Date (2025-08-01) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). - Due Diligence Vendor-10/14/2025 | XXXX |  |  | FL | Second Home | Purchase | NA | 5587141 | N/A | N/A |
| XXXX | 9705458066 |  |  | Closed | 2025-06-26 16:59 | 2025-07-22 14:07 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-As per GL, required to use 50% ownership for at least 6 months instead of 51%. Per warranty deed, ownership has been transferred to borrower recently. A lender exception is present in the loan file, dated prior to consummation.<br> - Due Diligence Vendor-06/26/2025 |  | Waived-As per GL, required to use 50% ownership for at least 6 months instead of 51%. Per warranty deed, ownership has been transferred to borrower recently. A lender exception is present in the loan file, dated prior to consummation.<br> - Due Diligence Vendor-06/26/2025<br>|  |  | Reserves of 163 months.<br> Job stability, verified employment of 15 years. | AZ | Investment | Refinance | Cash Out - Other | 4579193 | Originator Pre-Close | Yes |
| XXXX | 9705458066 |  |  | Closed | 2025-06-26 16:08 | 2025-07-08 13:07 | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. payoff - Buyer-07/07/2025 <br>Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-06/26/2025 |  | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/08/2025<br>| XXXX |  |  | AZ | Investment | Refinance | Cash Out - Other | 4578526 | N/A | N/A |
| XXXX | 9705458066 |  |  | Closed | 2025-06-26 16:55 | 2025-07-02 12:52 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/26/2025<br>|  |  |  | AZ | Investment | Refinance | Cash Out - Other | 4579172 | Investor Post-Close | No |
| XXXX | 9705978915 |  |  | Closed | 2025-09-06 08:45 | 2025-09-11 05:37 | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HLTV of 85% exceeds Guideline HCLTV of 80% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025 |  | Waived-Audited HLTV of 85% exceeds Guideline HCLTV of 80% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025<br>|  |  | Lower DTI, Income from other accounts that we are not using but can see the transfers, not a huge jump in housing payment based on income, length of SE, Conservative use on revolving. | FL | Primary Residence | Purchase | NA | 5439200 | Originator Pre-Close | Yes |
| XXXX | 9705978915 |  |  | Closed | 2025-09-06 08:45 | 2025-09-11 05:37 | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025<br>|  |  | Lower DTI, Income from other accounts that we are not using but can see the transfers, not a huge jump in housing payment based on income, length of SE, Conservative use on revolving | FL | Primary Residence | Purchase | NA | 5439199 | Originator Pre-Close | Yes |
| XXXX | 9705978915 |  |  | Closed | 2025-09-06 08:45 | 2025-09-11 05:34 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 85% exceeds Guideline LTV of 80% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025 |  | Waived-Audited LTV of 85% exceeds Guideline LTV of 80% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025<br>|  |  | Lower DTI, Income from other accounts that we are not using but can see the transfers, not jumb in housing payment based on income, length of SE, Conservative use on revolving | FL | Primary Residence | Purchase | NA | 5439201 | Originator Pre-Close | Yes |
| XXXX | 9705978915 |  |  | Closed | 2025-09-06 08:45 | 2025-09-06 08:45 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/06/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/06/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | 5439202 | Investor Post-Close | No |
| XXXX | 9706011328 |  |  | Closed | 2025-08-18 13:14 | 2025-11-19 11:11 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-11/19/2025 <br>Resolved-Lender provided executed LOX from borrower that property is not in an HOA and is free & Clear. Therefore, property insurance is not required. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. loe - Buyer-08/28/2025 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing documentation to verify monthly hazard insurance for property disclosed on line 3A of the final application for borrower 2. - Due Diligence Vendor-08/18/2025 |  | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-11/19/2025 <br>Resolved-Lender provided executed LOX from borrower that property is not in an HOA and is free & Clear. Therefore, property insurance is not required. Finding Resolved. - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 5216009 | N/A | N/A |
| XXXX | 9706011328 |  |  | Closed | 2025-08-18 13:16 | 2025-08-29 09:05 | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of Insurance for REO | Resolved-Lender provided executed LOX from borrower that property is not in an HOA and is free & Clear. Therefore, property insurance is not required. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. loe - Buyer-08/28/2025 <br>Open-Missing Evidence of Insurance for property disclosed on line 3A of the final application for borrower 2. - Due Diligence Vendor-08/18/2025 |  | Resolved-Lender provided executed LOX from borrower that property is not in an HOA and is free & Clear. Therefore, property insurance is not required. Finding Resolved. - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 5216054 | N/A | N/A |
| XXXX | 9706011328 |  |  | Closed | 2025-08-07 14:23 | 2025-08-07 14:23 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/07/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/07/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | 5099504 | Investor Post-Close | No |
| XXXX | 9706019057 |  |  | Closed | 2025-09-04 07:55 | 2025-09-04 07:55 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/04/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/04/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | 5406944 | Investor Post-Close | No |
| XXXX | 9706558484 |  |  | Closed | 2025-08-28 06:33 | 2025-09-19 12:06 | Resolved | 1 - Information | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Please see fraud report dated 07-11-25, it was uploaded on 09-10-25. - Investor-09/16/2025 <br>Counter-The only fraud report available is 07/11/2025. Please provide Fraud report dated 09-10/2025. Finding remains - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Please see fraud report uploaded on 09-10-25. - Investor-09/11/2025 <br>Open-All Interested Parties Not Checked with Exclusionary Lists - Due Diligence Vendor-08/28/2025 |  | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-09/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | 5344022 | N/A | N/A |
| XXXX | 9706558484 |  |  | Closed | 2025-08-27 13:34 | 2025-09-19 12:06 | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Please see fraud report dated 07-11-25, it was uploaded on 09-10-25. - Buyer-09/16/2025 <br> Counter-The only fraud report available is 07/11/2025. Please provide Fraud report dated 09-10-2025. Finding remains - Due Diligence Vendor-09/15/2025 <br> Ready for Review-Please see fraud report uploaded on 09-10-25. - Buyer-09/11/2025 <br> Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-08/27/2025 |  | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-09/19/2025<br>|  |  |  | FL | Primary Residence | Purchase | NA | 5337134 | N/A | N/A |
| XXXX | 9706558484 |  |  | Closed | 2025-08-27 13:34 | 2025-09-19 12:06 | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Lender provided DRIVE report. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-09/11/2025 <br>Ready for Review-Document Uploaded. Please see attached Fraud report with OFAC and exclusionary list checks. - Investor-09/10/2025 <br>Open-Missing Third Party Fraud Report - Due Diligence Vendor-08/27/2025 |  | Resolved-Lender provided DRIVE report. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-09/11/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 5337135 | N/A | N/A |
| XXXX | 9707070943 |  |  | Closed | 2025-07-01 08:15 | 2025-07-07 14:47 | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Received payoff. Condition cleared. - Due Diligence Vendor-07/07/2025 <br>Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/07/2025 <br>Ready for Review-Document Uploaded. payoff - Buyer-07/03/2025 <br>Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-07/01/2025 |  | Resolved-Received payoff. Condition cleared. - Due Diligence Vendor-07/07/2025 <br>Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/07/2025<br>| XXXX |  |  | NC | Investment | Refinance | Cash Out - Debt Consolidation | 4613620 | N/A | N/A |
| XXXX | 9707134426 |  |  | Closed | 2025-08-22 16:17 | 2025-09-05 10:13 | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-Lender provided Post Disaster Inspection. No damage noted. Finding Resolved. - Due Diligence Vendor-09/05/2025 <br>Resolved-Post incident inspection provided - Due Diligence Vendor-09/05/2025 <br>Ready for Review-Document Uploaded. Please see attached inspection. - Buyer-09/04/2025 <br>Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-08/22/2025 |  | Resolved-Lender provided Post Disaster Inspection. No damage noted. Finding Resolved. - Due Diligence Vendor-09/05/2025 <br>Resolved-Post incident inspection provided - Due Diligence Vendor-09/05/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | 5290014 | N/A | N/A |
| XXXX | 9708128641 |  |  | Closed | 2025-07-24 10:22 | 2025-08-19 10:09 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-. - Due Diligence Vendor-08/19/2025 <br> Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/19/2025 <br> Resolved-Lender provided bank stmt-Finding resolved - Due Diligence Vendor-08/14/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided Bank Stmt-Finding Resolved - Due Diligence Vendor-08/14/2025 <br> Ready for Review-Document Uploaded. Please see attached XXXX statement. - Buyer-08/13/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing the XXXX bank statement from XXXX. - Due Diligence Vendor-08/06/2025 |  | Resolved-. - Due Diligence Vendor-08/19/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/19/2025 <br>Resolved-Lender provided bank stmt-Finding resolved - Due Diligence Vendor-08/14/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4933766 | N/A | N/A |
| XXXX | 9708128641 |  |  | Closed | 2025-07-24 10:19 | 2025-08-14 09:02 | Resolved | 1 - Information | Credit | Missing Doc | Missing income documentation | Resolved-Lender provided XXXX bank stmt-Finding resolved. - Due Diligence Vendor-08/14/2025 <br> Ready for Review-Document Uploaded. Please see attached XXXX statement. - Buyer-08/13/2025 <br> Open-Missing the XXXX bank statement from XXXX. - Due Diligence Vendor-08/06/2025 |  | Resolved-Lender provided XXXX bank stmt-Finding resolved. - Due Diligence Vendor-08/14/2025 | XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4933697 | N/A | N/A |
| XXXX | 9708128641 |  |  | Closed | 2025-07-24 10:16 | 2025-07-24 10:16 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/24/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/24/2025<br>|  |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4933489 | Investor Post-Close | No |
| XXXX | 9708353926 |  |  | Closed | 2025-09-05 15:12 | 2025-09-10 18:44 | Resolved | 1 - Information | Credit | Missing Doc | Missing Operating Agreement | Resolved-Lender provided proof of EIN # from the Dept of Treasury that is address as Sole Member. Finding Resolved. - Due Diligence Vendor-09/10/2025 <br>Ready for Review-Document Uploaded. Please see attached EIN letter. - Buyer-09/09/2025 <br>Open-The loan file is missing an operating agreement or other documentation to verify ownership. The loan file is missing an operating agreement or business formation document as required by guidelines. - Due Diligence Vendor-09/05/2025 |  | Resolved-Lender provided proof of EIN # from the Dept of Treasury that is address as Sole Member. Finding Resolved. - Due Diligence Vendor-09/10/2025<br>| XXXX |  |  | LA | Investment | Refinance | Cash Out - Other | 5434482 | N/A | N/A |
| XXXX | 9708438685 |  |  | Closed | 2025-07-02 08:00 | 2025-07-08 16:03 | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. Please see attached payoff statement. - Buyer-07/07/2025 <br>Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-07/02/2025 |  | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/08/2025<br>| XXXX |  |  | GA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4628416 | N/A | N/A |
| XXXX | 9708438685 |  |  | Closed | 2025-07-02 07:46 | 2025-07-08 13:22 | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Privacy Notice provided. - Due Diligence Vendor-07/08/2025 <br>Ready for Review-Document Uploaded. Please see attached privacy policy. - Buyer-07/07/2025 <br>Open-Privacy Notice Required - Missing or Incomplete. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-07/02/2025 |  | Resolved-Privacy Notice provided. - Due Diligence Vendor-07/08/2025<br>| XXXX |  |  | GA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4628255 | N/A | N/A |
| XXXX | 9708638862 |  |  | Closed | 2025-08-14 10:53 | 2025-08-21 08:13 | Resolved | 1 - Information | Credit | Missing Doc | The Note is Incomplete | Resolved-Lender provided complete Note. Finding Resolved - Due Diligence Vendor-08/21/2025 <br>Resolved-The Note is Present - Due Diligence Vendor-08/21/2025 <br>Ready for Review-Document Uploaded. Please see attached Note. - Buyer-08/20/2025 <br>Open-The Note is Incomplete Pages 3 & 4 of Note are missing from the loan file. - Due Diligence Vendor-08/14/2025 |  | Resolved-Lender provided complete Note. Finding Resolved - Due Diligence Vendor-08/21/2025 <br>Resolved-The Note is Present - Due Diligence Vendor-08/21/2025<br>| XXXX |  |  | GA | Investment | Refinance | No Cash Out - Borrower Initiated | 5178391 | N/A | N/A |
| XXXX | 9709674718 |  |  | Closed | 2025-09-06 13:38 | 2025-09-10 12:51 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements FTHB Borrower living rent free for prior 12 + years. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/10/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements FTHB Borrower living rent free for prior 12 + years. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/10/2025<br>|  |  | 744 FICO<br> Max 40% DTI<br> Max LTV 80%<br> Minimum Reserves: $40,000 | OH | Primary Residence | Purchase | NA | 5440263 | Originator Pre-Close | Yes |
| XXXX | 9710989444 |  |  | Closed | 2025-09-15 13:54 | 2025-10-10 11:11 | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Shortfall | Resolved-Hazard Insurance Coverage Amount of $331250 is less than Total Amount of Subject Lien(s) of $XXXX The Total Estimate of Cost-New per the appraisal is $XXXX. Condition cleared. - Due Diligence Vendor-10/10/2025 <br> Ready for Review-Document Uploaded. the appraisal report shows the cost to rebuild new at $XXXX - Buyer-10/08/2025 <br> Counter-Lender provided LOE that states "XXXX, including a licensed professional. Appraisers are licensed professionals trained to estimate replacement cost using industry standard tools. Also, in many cases, insurance companies themselves rely on appraisal when underwriting HOI policies". Hazard policy in the loan file does not have replacement cost. Finding Remains. - Due Diligence Vendor-10/07/2025 <br> Ready for Review-Document Uploaded. loe - Buyer-10/03/2025 <br> Counter-Lender provided statement that states 'the cost to rebuild on the appraisal is $XXXX which is less than our dwelling coverage of $XXXX...according to our guidelines this is sufficient coverage since the cost to rebuild on the appraisal would be treated as a RCE'. TPR is unable to locate this in the guidelines. Please provide where this can be validated. Finding remains. - Due Diligence Vendor-10/01/2025 <br> Ready for Review-the cost to rebuild on the appraisal is $XXXX which is less than our dwelling coverage of $XXXX...according to our guidelines this is sufficient coverage since the cost to rebuild on the appraisal would be treated as a RCE. - Buyer-09/26/2025 <br> Open-Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX - Due Diligence Vendor-09/15/2025 |  | Resolved-Hazard Insurance Coverage Amount of $331250 is less than Total Amount of Subject Lien(s) of $XXXX The Total Estimate of Cost-New per the appraisal is $XXXX. Condition cleared. - Due Diligence Vendor-10/10/2025 | XXXX |  |  | MA | Second Home | Refinance | No Cash Out - Borrower Initiated | 5541609 | N/A | N/A |
| XXXX | 9710989444 |  |  | Closed | 2025-09-15 13:31 | 2025-09-15 13:31 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025<br>|  |  |  | MA | Second Home | Refinance | No Cash Out - Borrower Initiated | 5541000 | Investor Post-Close | No |
| XXXX | 9711054396 |  |  | Closed | 2025-09-09 10:11 | 2025-09-11 11:58 | Resolved | 1 - Information | Compliance | Disclosure | ARM Disclosure Not Provided Within 3 Days of Application Date | Resolved-Lender provided ARM disclosure that was within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-ARM Disclosure Not Provided Within 3 Days of Application Date - Due Diligence Vendor-09/11/2025 <br>Ready for Review-Document Uploaded. Please see attached ARM disclosure dated 7-22-25. - Buyer-09/10/2025 <br>Open-ARM Disclosure Not Provided Within 3 Days of Application Date The disclosure is dated 7/30/2025 and signed 8/05/2025. - Due Diligence Vendor-09/09/2025 |  | Resolved-Lender provided ARM disclosure that was within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-ARM Disclosure Not Provided Within 3 Days of Application Date - Due Diligence Vendor-09/11/2025<br>| XXXX |  |  | NV | Primary Residence | Refinance | Cash Out - Other | 5465521 | N/A | N/A |
| XXXX | 9711079625 |  |  | Closed | 2025-08-25 15:04 | 2025-08-25 15:04 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | FL | Second Home | Refinance | Cash Out - Other | 5307636 | Investor Post-Close | No |
| XXXX | 9711866971 |  |  | Closed | 2025-09-09 11:50 | 2025-09-11 08:51 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements Borrower is a first-time home buyer with no housing payment history. He is currently living rent free in the subject which is owned by family. Lender provided approved exception dated prior to consummation and<br> all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements Borrower is a first-time home buyer with no housing payment history. He is currently living rent free in the subject which is owned by family. Lender provided approved exception dated prior to consummation and<br> all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025<br>|  |  | Minimum FICO: 760 <br> Maximum DTI: 40 <br> Maximum LTV: 75 <br> Minimum Reserves: meeting | FL | Primary Residence | Purchase | NA | 5468664 | Investor Post-Close | No |
| XXXX | 9712498345 |  |  | Closed | 2025-09-16 13:35 | 2025-09-24 07:39 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/24/2025 <br>Ready for Review-Document Uploaded. NY Doc - Buyer-09/22/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/24/2025<br>| XXXX |  |  | NY | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5557954 | N/A | N/A |
| XXXX | 9712631648 |  |  | Closed | 2025-08-25 11:20 | 2025-09-06 20:49 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | CA | Investment | Purchase | NA | 5302595 | Investor Post-Close | No |
| XXXX | 9713654888 |  |  | Closed | 2025-08-14 09:57 | 2025-09-17 14:39 | Resolved | 1 - Information | Credit | Closing | Evidence of Good Standing age exceeds guidelines | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025 <br>Open-Evidence of Good Standing in file is dated 07-03-2025 and note is dated 07-25-2025. Document age of days exceeds guidelines. - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Document Uploaded. Please see attached certificate of good standing. - Buyer-09/15/2025 <br>Open-Evidence of Good Standing in file is dated 03-20-2025 and note is dated 07-25-2025. Document age of days exceeds guidelines. Policy notes that all credit documents are to be less than 90 days old. The good standing certificate is aged ~120 days. - Due Diligence Vendor-08/14/2025 |  | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025<br>| XXXX |  |  | PA | Investment | Purchase | NA | 5176995 | N/A | N/A |
| XXXX | 9714021319 |  |  | Closed | 2025-08-26 12:00 | 2025-09-08 13:01 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-08/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-08/26/2025<br>|  |  |  | TX | Investment | Purchase | NA | 5320991 | Investor Post-Close | No |
| XXXX | 9714342236 |  |  | Closed | 2025-08-22 12:01 | 2025-08-22 12:01 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/22/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/22/2025<br>|  |  |  | MI | Primary Residence | Refinance | Cash Out - Other | 5284607 | Investor Post-Close | No |
| XXXX | 9714571420 |  |  | Closed | 2025-09-06 17:16 | 2025-10-01 14:46 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - XXXX Disclosure Delivery | Resolved-. - Due Diligence Vendor-10/01/2025 <br> Resolved- - Due Diligence Vendor-10/01/2025 <br> Open-. - Due Diligence Vendor-10/01/2025 <br> Open- - Due Diligence Vendor-10/01/2025 <br> Ready for Review-Document Uploaded. Please see attached letter from our Compliance Team. - Buyer-09/30/2025 <br> Counter-Lender indicated they are closed on Saturday. Please provide a general letter of attestation of being closed on Saturdays without referencing the subject loan so that it can be applied to all loans. Condition remains. - Due Diligence Vendor-09/17/2025 <br> Ready for Review-Finding invalid. Since our office is closed on Saturdays, that day is not considered a business day for initial disclosure timing. XXXX, the date the disclosures were mailed. Therefore, the timing complies with TRID requirements. - Buyer-09/12/2025 <br> Open- - Due Diligence Vendor-09/09/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/06/2025 <br> Open- - Due Diligence Vendor-09/06/2025 <br> Open-XXXX. Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of XXXX organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) - Due Diligence Vendor-09/06/2025 <br> Open- - Due Diligence Vendor-09/06/2025 |  | Resolved-. - Due Diligence Vendor-10/01/2025<br>| XXXX |  |  | PA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5440781 | N/A | N/A |
| XXXX | 9714571420 |  |  | Closed | 2025-09-06 17:16 | 2025-10-01 14:46 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-. - Due Diligence Vendor-10/01/2025 <br> Resolved- - Due Diligence Vendor-10/01/2025 <br> Open-. - Due Diligence Vendor-10/01/2025 <br> Open- - Due Diligence Vendor-10/01/2025 <br> Ready for Review-Document Uploaded. Please see attached letter from our Compliance Team. - Buyer-09/30/2025 <br> Counter-Lender indicated they are closed on Saturday. Please provide a general letter of attestation of being closed on Saturdays without referencing the subject loan so that it can be applied to all loans. Condition remains. - Due Diligence Vendor-09/17/2025 <br> Ready for Review-Finding invalid. Since our office is closed on Saturdays, that day is not considered a business day for initial disclosure timing. XXXX. Therefore, the timing complies with TRID requirements. - Investor-09/12/2025 <br> Open-The Initial Disclosure Date XXXX is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is XXXX. Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) XXXX. Provide evidence the lender was not open for business on Saturday for purposes of disclosure timing. Additional conditions may apply. - Due Diligence Vendor-09/11/2025 <br> Open- - Due Diligence Vendor-09/09/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/07/2025 <br> Open- - Due Diligence Vendor-09/06/2025 <br> Open- - Due Diligence Vendor-09/06/2025 <br> Open- - Due Diligence Vendor-09/06/2025 |  | Resolved-. - Due Diligence Vendor-10/01/2025<br>| XXXX |  |  | PA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5440782 | N/A | N/A |
| XXXX | 9715235033 |  |  | Closed | 2025-08-29 10:54 | 2025-09-03 07:44 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided documentation to support ownership. Finding Resolved. - Due Diligence Vendor-09/03/2025 <br>Ready for Review-Document Uploaded. business ownership - Buyer-09/02/2025 <br>Open-Missing evidence of borrower's ownership percentage for use of business assets. - Due Diligence Vendor-08/29/2025 |  | Resolved-Lender provided documentation to support ownership. Finding Resolved. - Due Diligence Vendor-09/03/2025<br>| XXXX |  |  | OH | Investment | Purchase | NA | 5362591 | N/A | N/A |
| XXXX | 9715837978 |  |  | Closed | 2025-09-04 02:07 | 2025-09-15 07:10 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender Provided Pamphlet along with evidence of esign. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br> Counter-Lender provided NY What Mortgage Applicants Need to Know pamphlet; however, it is not dated and unable to determine if it was provided withing 3 days of the application. - Due Diligence Vendor-09/11/2025 <br> Ready for Review-Document Uploaded. Please see attached disclosure. - Buyer-09/10/2025 <br> Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective XXXX. Missing "What Mortgage Applicants Need to Know" Pamphlet - Due Diligence Vendor-09/04/2025 |  | Resolved-Lender Provided Pamphlet along with evidence of esign. Finding Resolved. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5404776 | N/A | N/A |
| XXXX | 9716462156 |  |  | Closed | 2025-09-11 09:23 | 2025-09-11 09:23 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Housing History Does Not Meet Guideline Requirements First Time Home Buyer borrower living rent free with no housing history. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025 |  | Waived-Housing History Does Not Meet Guideline Requirements First Time Home Buyer borrower living rent free with no housing history. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/11/2025<br>|  |  | Minimum FICO - 780<br> Maximum DTI - 35%<br> Maximum LTV - 85%<br> Minimum Reserves - Meeting | AK | Primary Residence | Purchase | NA | 5498999 | Originator Pre-Close | Yes |
| XXXX | 9716884680 |  |  | Closed | 2025-09-24 09:53 | 2025-09-24 09:53 | Waived | 2 - Non-Material | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Asset Qualification Does Not Meet Guideline Requirements Guideline requires use of only 50% of retirement assets for borrower who is less than 59 1/2 years of age; however, lender used 85%. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/24/2025 |  | Waived-Asset Qualification Does Not Meet Guideline Requirements Guideline requires use of only 50% of retirement assets for borrower who is less than 59 1/2 years of age; however, lender used 85%. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/24/2025<br>|  |  | Minimum FICO - 730<br> Maximum LTV - 80% | UT | Second Home | Purchase | NA | 5652017 | Originator Pre-Close | Yes |
| XXXX | 9716932927 |  |  | Closed | 2025-09-15 10:44 | 2025-09-19 12:25 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached Drivers License. - Buyer-09/17/2025 <br>Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-09/15/2025 |  | Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | Cash Out - Other | 5537276 | N/A | N/A |
| XXXX | 9716932927 |  |  | Closed | 2025-09-15 10:44 | 2025-09-19 12:25 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 2 | Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached Drivers License. - Buyer-09/17/2025 <br>Open-Missing Borrower Identification - Borrower 2. 0 - Due Diligence Vendor-09/15/2025 |  | Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | Cash Out - Other | 5537277 | N/A | N/A |
| XXXX | 9719007453 |  |  | Closed | 2025-06-26 10:42 | 2025-07-11 14:24 | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-Received PCCD. Condition cleared. - Due Diligence Vendor-07/11/2025 <br>Ready for Review-Document Uploaded. Please see attached PCCD and final settlement statement. - Buyer-07/10/2025 <br>Open- - Due Diligence Vendor-07/09/2025 <br>Acknowledged-Missing Confirmation of Final Figures: Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-06/26/2025 |  | Resolved-Received PCCD. Condition cleared. - Due Diligence Vendor-07/11/2025 <br>Acknowledged-Missing Confirmation of Final Figures: Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. - Due Diligence Vendor-06/26/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4572470 | N/A | N/A |
| XXXX | 9720357376 |  |  | Closed | 2025-08-15 10:54 | 2025-09-17 14:45 | Resolved | 1 - Information | Credit | Closing | Evidence of Good Standing age exceeds guidelines | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025 <br>Open-Evidence of Good Standing in file is dated 03-20-2025 and note is dated 07-25-2025. Document age of days exceeds guidelines. . - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Document Uploaded. Please see attached certificate of good standing. - Buyer-09/15/2025 <br>Open-Evidence of Good Standing in file is dated 03-20-2025 and note is dated 07-25-2025. Document age of days exceeds guidelines. All credit docs to be aged 90 days or less per policy - Due Diligence Vendor-08/15/2025 |  | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025<br>| XXXX |  |  | PA | Investment | Purchase | NA | 5194236 | N/A | N/A |
| XXXX | 9721647551 |  |  | Closed | 2025-10-02 10:24 | 2025-10-02 10:24 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | 5751290 | Originator Post-Close | No |
| XXXX | 9722330843 |  |  | Closed | 2025-09-23 11:25 | 2025-09-23 11:25 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/23/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/23/2025<br>|  |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 5636390 | Investor Post-Close | No |
| XXXX | 9723361722 |  |  | Closed | 2025-09-24 10:58 | 2025-10-13 14:45 | Resolved | 1 - Information | Credit | Missing Doc | Missing Business Purpose Affidavit | Resolved-Lender provided Business Purpose Certificate. Finding resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-10/13/2025 <br>Ready for Review-Document Uploaded. Please see attached individual business purpose certificate. - Buyer-10/10/2025 <br>Counter-Business Purpose Affidavit provided is in the name of the Business Entity but loan is in the name of the individual borrower. Missing Business Purpose Affidavit signed by borrower on Note. Finding Remains - Due Diligence Vendor-10/02/2025 <br>Ready for Review-Document Uploaded. Please see attached business purpose certificate. - Buyer-09/25/2025 <br>Open-The loan file is missing the Business Purpose Affidavit as required by Lender guidelines. - Due Diligence Vendor-09/24/2025 |  | Resolved-Lender provided Business Purpose Certificate. Finding resolved. - Due Diligence Vendor-10/13/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-10/13/2025<br>| XXXX |  |  | FL | Investment | Refinance | No Cash Out - Borrower Initiated | 5656755 | N/A | N/A |
| XXXX | 9724099511 |  |  | Closed | 2025-08-26 07:14 | 2025-08-28 13:48 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided esign detailed summary. Finding Resolved. - Due Diligence Vendor-08/28/2025 <br> Ready for Review-Document Uploaded. ICD sent to the borrower on 07/22/25 - Buyer-08/27/2025 <br> Open-The Initial Closing Disclosure was provided on (XXXX) via (USPSFirstClassMail). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (20250721), for consummation to occur on (2025-07-28). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial CD reflects Date Issued of XXXX with no acknowledgment of receipt on the part of the borrower. Mailbox Rule/Presumed Receipt applied and borrower not in receipt of Initial CD 3 business days prior to consummation of 07/28/2025. No Cure. - Due Diligence Vendor-08/26/2025 <br> Open- - Due Diligence Vendor-08/26/2025 |  | Resolved-Lender provided esign detailed summary. Finding Resolved. - Due Diligence Vendor-08/28/2025<br>| XXXX |  |  | FL | Primary Residence | Purchase | NA | 5314739 | N/A | N/A |
| XXXX | 9724744298 |  |  | Closed | 2025-09-12 14:49 | 2025-09-24 07:49 | Resolved | 1 - Information | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Lender provided evidence of completion of water heater straps. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-09/24/2025 <br>Ready for Review-Document Uploaded. - Buyer-09/22/2025 <br>Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-09/12/2025 |  | Resolved-Lender provided evidence of completion of water heater straps. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-09/24/2025<br>| XXXX |  |  | NV | Investment | Purchase | NA | 5522198 | N/A | N/A |
| XXXX | 9724910576 |  |  | Closed | 2025-08-29 10:44 | 2025-09-17 14:34 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved-Received corrected PCCD. Condition cleared. - Due Diligence Vendor-09/17/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Survey settlement provider was never disclosed on the SSPL (attached), fee should be in Section C. Please see attached service settlement provider list and PCCD. - Buyer-09/12/2025 <br>Open-The total amount of the 10% category fees ($2,425.50 has increased by more than 10% over the current baseline value of ($2,186.00). The total amount of fees in the 10% category cannot exceed ($2,404.60). The following fee has either increased from their baseline disclosure or has been recently added: Survey Fee. Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 06/26/2025, reflects the baseline 10% fees at 110% as $2,186.00. The 10% fees reflected on the Post-Closing CD total $2,425.50. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $20.90 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br> Tolerance cure of $20.90 to be provided within 60 days of discovery. - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 |  | Resolved-Received corrected PCCD. Condition cleared. - Due Diligence Vendor-09/17/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/17/2025<br>|  |  |  | OH | Primary Residence | Purchase | NA | 5362360 | N/A | N/A |
| XXXX | 9724910576 |  |  | Closed | 2025-08-29 10:44 | 2025-09-17 14:34 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved-Received corrected PCCD. Condition cleared. - Due Diligence Vendor-09/17/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Document Uploaded. Survey settlement provider was never disclosed on the SSPL (attached), fee should be in Section C. Please see attached service settlement provider list and PCCD. - Buyer-09/12/2025 <br>Open-The total amount of the 10% category fees on the last Closing Disclosure ($2,425.50) has increased by more than 10% over the current baseline value of ($2,186.00). The total amount of fees in the 10% category cannot exceed ($2,404.60). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Lender's Title Policy, Wire Transfer Fee, Courier Fee, Survey Fee). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 06/26/2025, reflects the baseline 10% fees at 110% as $2,186.00. The 10% fees reflected on the Post-Closing CD total $2,425.50. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $20.90 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br> Tolerance cure of $20.90 to be provided within 60 days of discovery. - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 |  | Resolved-Received corrected PCCD. Condition cleared. - Due Diligence Vendor-09/17/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/17/2025<br>| XXXX |  |  | OH | Primary Residence | Purchase | NA | 5362359 | N/A | N/A |
| XXXX | 9725522016 |  |  | Closed | 2025-09-15 20:07 | 2025-09-24 07:52 | Resolved | 1 - Information | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Lender provided second month bank stmt to support GL requirement. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-09/24/2025 <br>Ready for Review-Document Uploaded. july statement - Buyer-09/22/2025 <br>Open-Asset Record 2 Does Not Meet G/L Requirements Provide additional one month bank statement for Asset (2), as per guidelines most recent two months statement required, only one month statement provided in the file. - Due Diligence Vendor-09/16/2025 |  | Resolved-Lender provided second month bank stmt to support GL requirement. Finding Resolved. - Due Diligence Vendor-09/24/2025 <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-09/24/2025<br>| XXXX |  |  | AZ | Investment | Refinance | No Cash Out - Borrower Initiated | 5546514 | N/A | N/A |
| XXXX | 9725753124 |  |  | Closed | 2025-08-06 10:39 | 2025-08-29 13:37 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (XXXX) | Resolved-Resolved - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open-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: Appraisal Desk Review 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. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. coc - Investor-08/27/2025 <br>Open-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: Doc Tax Stamps/Transfer Taxes – State, MERS® Registration Fee, Tax Related Service Fee, Flood Certification Fee, Appraisal Desk Review 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. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The Loan Estimate, dated 05/13/2025, does not reflect reflects a MERS® Registration Fee, Tax Related Service Fee, Flood Certification Fee, Appraisal Desk Review Fee. Final CD Dated 07/23/2025 reflects a MERS® Registration Fee $23.70, Tax Related Service Fee $99.00, Flood Certification Fee $9.00, Appraisal Desk Review Fee $90.00. The loan file did not contain a valid COC to support the increase. A tolerance cure of $128.70 is required.<br>Additionally, the Loan Estimate, dated 05/13/2025, did not reflect an Appraisal Desk Review Fee. The Loan Estimate reflecting the increase, dated 05/27/2025 was not dated within 3 days of the valid COC, product change, which occurred on 05/21/2025. An additional tolerance cure of $90.00 is required.<br>Lastly, the Loan Estimate dated 05/27/2025 reflects Transfer Taxes of $1,155.00. The Final CD dated 07/23/2025 reflects Transfer Taxes of $1,259.50. The Closing Disclosure reflecting the increase, dated 07/21/2025, was not dated within 3 days of the valid COC, which occurred on 07/16/2025. The COC dated 07/16/2025 indicated that the loan was restructured but mortgage taxes were not disclosed at that time. A tolerance cure of $104.50 is required.<br>A total tolerance cure of $323.20 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br>- Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/19/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 |  | Resolved-Resolved - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 5075409 | N/A | N/A |
| XXXX | 9725753124 |  |  | Closed | 2025-08-06 10:39 | 2025-08-29 13:37 | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Resolved - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Desk Review Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. coc - Investor-08/27/2025 <br>Open- - Due Diligence Vendor-08/19/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – State, MERS® Registration Fee, Tax Related Service Fee, Flood Certification Fee, Appraisal Desk Review Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The 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: Doc Tax Stamps/Transfer Taxes – State, Loan Origination Fee, Points - Loan Discount Fee, MERS® Registration Fee, Tax Related Service Fee, Flood Certification Fee, Appraisal Desk Review Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 |  | Resolved-Resolved - Due Diligence Vendor-08/29/2025<br>| XXXX |  | The following fees were added on the Loan Estimate dated 05/20/2025, without a valid COC: Flood Certification, MERS, Tax Service Fee, Title - Lender's Title Insurance and Title - Title Endorsement. Additionally, the CDA Desktop Analysis fee was added on the LE dated 05/27/2025 but the LE was issued more than 3 days after the COC dated 05/21/2025. Lastly, the Transfer Taxes increased on the CD dated 07/21/2025 which is more than 3 days after the COC dated 07/16/2025. | FL | Primary Residence | Refinance | Cash Out - Other | 5075410 | N/A | N/A |
| XXXX | 9725753124 |  |  | Closed | 2025-08-06 10:39 | 2025-08-29 13:30 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved- - Due Diligence Vendor-08/29/2025 <br>Resolved- - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. coc - Investor-08/27/2025 <br>Open- - Due Diligence Vendor-08/19/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open-The total amount of the 10% category fees on the last Closing Disclosure ($1,427.70) has increased by more than 10% over the current baseline value of ($810.00). The total amount of fees in the 10% category cannot exceed ($891.00). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Title Endorsement Fee, Lender's Title Policy). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 05/13/2025, reflects the baseline 10% fees at 110% as $810. The 10% fees reflected on the Final CD dated 07/23/2025 total $1,427.70 The Loan Estimate reflecting the increase, dated 05/27/2025, was not dated within 3 days of the valid COC, Borrower request product change which occurred on 05/21/2025. No evidence of a tolerance cure was provided in file. A tolerance cure of $536.70 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 |  | Resolved- - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 5075407 | N/A | N/A |
| XXXX | 9725753124 |  |  | Closed | 2025-08-06 10:39 | 2025-08-29 13:30 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved- - Due Diligence Vendor-08/29/2025 <br>Resolved- - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. coc - Buyer-08/27/2025 <br>Open- - Due Diligence Vendor-08/19/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open-The total amount of the 10% category fees ($1,427.70) has increased by more than 10% over the current baseline value of ($810.00). The total amount of fees in the 10% category cannot exceed ($891.00). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Title Endorsement Fee, Lender's Title Policy). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 05/13/2025, reflects the baseline 10% fees at 110% as $810. The 10% fees reflected on the Final CD dated 07/23/2025 total $1,427.70 The Loan Estimate reflecting the increase, dated 05/27/2025, was not dated within 3 days of the valid COC, Borrower request product change which occurred on 05/21/2025. No evidence of a tolerance cure was provided in file. A tolerance cure of $536.70 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 <br>Open- - Due Diligence Vendor-08/06/2025 |  | Resolved- - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 5075408 | N/A | N/A |
| XXXX | 9726010250 |  |  | Closed | 2025-07-14 07:12 | 2025-08-11 11:52 | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025 <br>Ready for Review-Document Uploaded. pccd and payment history - Seller-08/08/2025 <br>Counter-The Initial LE discloses the Recording Fee as $204, the Tax Service Fee as $70, no charge for a MERS Fee and no charge for a Collateral Desktop Analysis. The Final CD discloses the Recording Fee as $240, the Tax Service Fee as $99, a MERS Fee of $24.70 and a Collateral Desktop Analysis Fee of $90. Tolerance Cure for the Recording Fees is $240 - ($204\*110%) = $15.60, The Tolerance Cure for the Tax Service Fee ($99-70=$29), MERS Fee ($24.70-0=$24.70 and Collateral Desktop Analysis ($90 - 0 = $90); $29 + $23.70 + $90 = $142.70. The Total Tolerance Cure required is $158.30. - Due Diligence Vendor-07/30/2025 <br>Ready for Review-not valid, initial LE shows recording disclosed as 301, final CD shows 241 - Investor-07/30/2025 <br>Counter-Provide valid COC with borrower acknowledgement for increase of fees above 10% tolerance, finding maintained. - Due Diligence Vendor-07/28/2025 <br>Ready for Review-We disagree with the findings, This fee is subject to 10% not 0% and cure is not required - Buyer-07/28/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Tax Related Service Fee, Appraisal Desk Review Fee, MERS® Registration Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The Tax Related Service Fee, Appraisal Desk Review Fee, and MERS® Registration Fee increased on the CD dated 06/30/2025 without a valid COC. No Cure. - Due Diligence Vendor-07/14/2025 <br>Open- - Due Diligence Vendor-07/14/2025 | Ready for Review-Document Uploaded. pccd and payment history - Seller-08/08/2025<br>| Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025<br>| XXXX |  |  | FL | Second Home | Purchase | NA | 4801605 | N/A | N/A |
| XXXX | 9726010250 |  |  | Closed | 2025-07-14 07:12 | 2025-08-11 11:52 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (XXXX) | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025 <br>Ready for Review-Document Uploaded. pccd and payment history - Buyer-08/08/2025 <br>Counter-The Initial LE discloses the Recording Fee as $204, the Tax Service Fee as $70, no charge for a MERS Fee and no charge for a Collateral Desktop Analysis. The Final CD discloses the Recording Fee as $240, the Tax Service Fee as $99, a MERS Fee of $24.70 and a Collateral Desktop Analysis Fee of $90. Tolerance Cure for the Recording Fees is $240 - ($204\*110%) = $15.60, The Tolerance Cure for the Tax Service Fee ($99-70=$29), MERS Fee ($24.70-0=$24.70 and Collateral Desktop Analysis ($90 - 0 = $90); $29 + $23.70 + $90 = $142.70. The Total Tolerance Cure required is $158.30. - Due Diligence Vendor-07/30/2025 <br>Ready for Review-not valid, initial LE shows recording disclosed as 301, final CD shows 241 - Investor-07/30/2025 <br>Counter-Provide valid COC with borrower acknowledgement for increase of fees above 10% tolerance, finding maintained. - Due Diligence Vendor-07/28/2025 <br>Ready for Review-We disagree with the findings, This fee is subject to 10% not 0% and cure is not required - Buyer-07/28/2025 <br>Open-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: Tax Related Service Fee, Appraisal Desk Review Fee, MERS® Registration 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. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The Loan Estimate, dated 05/28/2025, reflects a Tax Service Fee of $70.00 and does not reflect an Appraisal Desk Review Fee or a MERS Registration fee. Final CD dated reflects a Tax Service Fee of 99.00, an Appraisal Desk Review Fee of $90.00, and a MERS Registration fee of $23.70. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $142.70 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br>Tolerance cure of $142.70 to be provided within 60 days of discovery. - Due Diligence Vendor-07/14/2025 <br>Open- - Due Diligence Vendor-07/14/2025 |  | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025<br>| XXXX |  |  | FL | Second Home | Purchase | NA | 4801604 | N/A | N/A |
| XXXX | 9726010250 |  |  | Closed | 2025-07-14 07:12 | 2025-08-11 11:52 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025 <br>Ready for Review-Document Uploaded. pccd and payment history - Seller-08/08/2025 <br>Counter-The Initial LE discloses the Recording Fee as $204, the Tax Service Fee as $70, no charge for a MERS Fee and no charge for a Collateral Desktop Analysis. The Final CD discloses the Recording Fee as $240, the Tax Service Fee as $99, a MERS Fee of $24.70 and a Collateral Desktop Analysis Fee of $90. Tolerance Cure for the Recording Fees is $240 - ($204\*110%) = $15.60, The Tolerance Cure for the Tax Service Fee ($99-70=$29), MERS Fee ($24.70-0=$24.70 and Collateral Desktop Analysis ($90 - 0 = $90); $29 + $23.70 + $90 = $142.70. The Total Tolerance Cure required is $158.30. - Due Diligence Vendor-07/30/2025 <br>Ready for Review-Please advise what LE you are referring too<br> - Seller-07/30/2025 <br>Counter-Provide valid COC with borrower acknowledgement for increase of fees above 10% tolerance, finding maintained. - Due Diligence Vendor-07/28/2025 <br>Ready for Review-We disagree with the findings, This fee is subject to 10% not 0% and cure is not required - Investor-07/28/2025 <br>Open-The total amount of the 10% category fees ($241.00) has increased by more than 10% over the current baseline value of ($204.00). The total amount of fees in the 10% category cannot exceed ($224.40). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 05/28/2025, reflects the baseline 10% fees at 110% as $224.40. The 10% fees reflected on the Final CD total $241.00. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $16.60 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br> Tolerance cure of $16.60 to be provided within 60 days of discovery. - Due Diligence Vendor-07/14/2025 <br>Open- - Due Diligence Vendor-07/14/2025 | Ready for Review-Document Uploaded. pccd and payment history - Seller-08/08/2025 <br>Ready for Review-Please advise what LE you are referring too<br> - Seller-07/30/2025<br>| Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025<br>| XXXX |  |  | FL | Second Home | Purchase | NA | 4801603 | N/A | N/A |
| XXXX | 9726010250 |  |  | Closed | 2025-07-14 07:12 | 2025-08-11 11:51 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That In Total Cannot Increase More Than 10% Test (XXXX) | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025 <br>Ready for Review-Document Uploaded. pccd and payment history - Buyer-08/08/2025 <br>Counter-The Initial LE discloses the Recording Fee as $204, the Tax Service Fee as $70, no charge for a MERS Fee and no charge for a Collateral Desktop Analysis. The Final CD discloses the Recording Fee as $240, the Tax Service Fee as $99, a MERS Fee of $24.70 and a Collateral Desktop Analysis Fee of $90. Tolerance Cure for the Recording Fees is $240 - ($204\*110%) = $15.60, The Tolerance Cure for the Tax Service Fee ($99-70=$29), MERS Fee ($24.70-0=$24.70 and Collateral Desktop Analysis ($90 - 0 = $90); $29 + $23.70 + $90 = $142.70. The Total Tolerance Cure required is $158.30. - Due Diligence Vendor-07/30/2025 <br>Ready for Review-Correct - no cure to tax service, MERS or CDA/Appraisal as fees did not increase from LE to final CD - Investor-07/30/2025 <br>Counter-Provide valid COC with borrower acknowledgement for increase of fees above 10% tolerance, finding maintained. - Due Diligence Vendor-07/28/2025 <br>Ready for Review-We disagree with the findings, This fee is subject to 10% not 0% and cure is not required - Buyer-07/28/2025 <br>Open-The total amount of the 10% category fees on the last Closing Disclosure ($241.00) has increased by more than 10% over the current baseline value of ($204.00). The total amount of fees in the 10% category cannot exceed ($224.40). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Recording Fees – Mortgage/Deed of Trust). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). The Loan Estimate, dated 05/28/2025, reflects the baseline 10% fees at 110% as $224.40. The 10% fees reflected on the Final CD total $241.00. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $16.60 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br> Tolerance cure of $16.60 to be provided within 60 days of discovery. - Due Diligence Vendor-07/14/2025 <br>Open- - Due Diligence Vendor-07/14/2025 |  | Resolved-Lender provided, PCCD, LOX to borrower and proof of principal reduction $159.30. Condition Resolved. - Due Diligence Vendor-08/11/2025<br>| XXXX |  |  | FL | Second Home | Purchase | NA | 4801602 | N/A | N/A |
| XXXX | 9726376834 |  |  | Closed | 2025-09-17 09:02 | 2025-10-02 12:29 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided REO stmt-Finding Resolved - Due Diligence Vendor-10/02/2025 <br> Ready for Review-Document Uploaded. REO statement - Buyer-09/30/2025 <br> Open-Lender Qualified Rental Loss of $2,549. However, Evidence to verify PITIA for REO Property (XXXX). - Due Diligence Vendor-09/17/2025 |  | Resolved-Lender provided REO stmt-Finding Resolved - Due Diligence Vendor-10/02/2025<br>| XXXX |  |  | TX | Investment | Purchase | NA | 5566986 | N/A | N/A |
| XXXX | 9727320617 |  |  | Closed | 2025-06-30 13:10 | 2025-07-11 13:08 | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Resolved-Lender provided evidence closed on Saturdays. Condition cleared. - Due Diligence Vendor-07/11/2025 <br> Resolved-Resolved - Due Diligence Vendor-07/11/2025 <br> Ready for Review-Document Uploaded. Please see attached letter of explanation. - Seller-07/10/2025 <br> Counter-Attestation from management stating lender is closed for business on Saturday, finding maintained. - Due Diligence Vendor-07/09/2025 <br> Ready for Review-COC dated 5/19 was for a product change to theXXXX. this is within 3 business days of the product change on 5/14. - Investor-07/08/2025 <br> Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Desk Review Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The loan file contains a change of circumstance, dated 05/14/2025. The revised LE/CD is dated 05/19/2025, which was outside of the required timely disclosure requirement. No Cure.<br> - Due Diligence Vendor-06/30/2025 <br> Open- - Due Diligence Vendor-06/30/2025 | Ready for Review-Document Uploaded. Please see attached letter of explanation. - Seller-07/10/2025<br>| Resolved-Lender provided evidence closed on Saturdays. Condition cleared. - Due Diligence Vendor-07/11/2025 <br>Resolved-Resolved - Due Diligence Vendor-07/11/2025<br>| XXXX |  |  | NY | Primary Residence | Refinance | Cash Out - Other | 4605707 | N/A | N/A |
| XXXX | 9727320617 |  |  | Closed | 2025-06-30 13:10 | 2025-07-11 13:08 | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (XXXX) | Resolved-Lender provided evidence closed on Saturdays. Condition cleared. - Due Diligence Vendor-07/11/2025 <br> Resolved-Resolved - Due Diligence Vendor-07/11/2025 <br> Ready for Review-Document Uploaded. Please see attached letter of explanation. - Buyer-07/10/2025 <br> Counter-Attestation from management stating lender is closed for business on Saturday, finding maintained. - Due Diligence Vendor-07/09/2025 <br> Ready for Review-COC dated 5/19 was for a product change to theXXXX. this is within 3 business days of the product change on 5/14. - Investor-07/08/2025 <br> Open-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: Appraisal Desk Review 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. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The Loan Estimate dated 04/30/025 did not reflect a Collateral Desktop Analysis fee. The final CD dated 06/13/2025 reflects a Collateral Desktop Analysis fee of $90.00). The Loan Estimate reflecting the increase, dated 04/19/2025 (was / was not) dated within 3 days of the valid COC which occurred on 05/14/2025. A tolerance cure of $90.00 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower.<br> - Due Diligence Vendor-06/30/2025 <br> Open- - Due Diligence Vendor-06/30/2025 |  | Resolved-Lender provided evidence closed on Saturdays. Condition cleared. - Due Diligence Vendor-07/11/2025 <br>Resolved-Resolved - Due Diligence Vendor-07/11/2025<br>| XXXX |  |  | NY | Primary Residence | Refinance | Cash Out - Other | 4605706 | N/A | N/A |
| XXXX | 9727714298 |  |  | Closed | 2025-07-03 08:14 | 2025-08-20 14:02 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-Lender provided executed (by borrower) HELOC closure document. - Due Diligence Vendor-08/20/2025 <br>Ready for Review-Document Uploaded. Please see attached fully executed HELOC closure letter. - Buyer-08/18/2025 <br>Counter-HELOC closure letter has not been executed by all parties, finding maintained. - Due Diligence Vendor-07/18/2025 <br>Ready for Review-Document Uploaded. heloc letter - Buyer-07/17/2025 <br>Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing HELOC closure letter. - Due Diligence Vendor-07/03/2025 |  | Resolved-Lender provided executed (by borrower) HELOC closure document. - Due Diligence Vendor-08/20/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4648866 | N/A | N/A |
| XXXX | 9727714298 |  |  | Closed | 2025-07-03 08:13 | 2025-08-20 13:56 | Resolved | 1 - Information | Credit | Missing Doc | HELOC Closure Letter Not Provided | Resolved-Lender provided executed (by borrower) HELOC Closure letter. Finding Resolved. - Due Diligence Vendor-08/20/2025 <br>Ready for Review-Document Uploaded. Please see attached fully executed HELOC closure letter. - Buyer-08/18/2025 <br>Counter-HELOC closure letter has not been executed by all parties, finding maintained. - Due Diligence Vendor-07/18/2025 <br>Ready for Review-Document Uploaded. heloc letter - Investor-07/17/2025 <br>Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. Existing mortgage paid off was a HELOC. Loan file is missing Borrower Authorization to Close Line of Credit. - Due Diligence Vendor-07/03/2025 |  | Resolved-Lender provided executed (by borrower) HELOC Closure letter. Finding Resolved. - Due Diligence Vendor-08/20/2025<br>| XXXX |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 4648854 | N/A | N/A |
| XXXX | 9727719776 |  |  | Closed | 2025-09-15 05:53 | 2025-11-19 09:40 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/15/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | 5531970 | Investor Post-Close | No |
| XXXX | 9727719776 |  |  | Closed | 2025-09-15 04:56 | 2025-09-30 17:28 | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is after the Note Date of XXXX but on the disbursement date. Condition cleared. - Due Diligence Vendor-09/30/2025 <br> Ready for Review-Document Uploaded. FSS and HOI - Buyer-09/25/2025 <br> Open-Hazard Insurance Effective Date of 08-28-2025 is after the Note Date of XXXX Hazard Insurance Effective Date of 08-28-2025 is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-09/15/2025 |  | Resolved-Hazard Insurance Effective Date of 08-26-2025 is after the Note Date of XXXX but on the disbursement date. Condition cleared. - Due Diligence Vendor-09/30/2025 | XXXX |  |  | CA | Primary Residence | Purchase | NA | 5531748 | N/A | N/A |
| XXXX | 9727972649 |  |  | Closed | 2025-08-26 07:53 | 2025-08-26 07:53 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025<br>|  |  |  | FL | Primary Residence | Refinance | Cash Out - Other | 5315258 | Investor Post-Close | No |
| XXXX | 9728340317 |  |  | Closed | 2025-08-25 15:03 | 2025-09-10 18:49 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided What Mortgage Applicants Need to know pamphlet. Finding resolved. - Due Diligence Vendor-09/10/2025 <br> Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/10/2025 <br> Ready for Review-Document Uploaded. What Mortgage Applicants Need to Know disclosure attached. - Buyer-09/09/2025 <br> Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided What Mortgage Applicants Need to know pamphlet. Finding resolved. - Due Diligence Vendor-09/10/2025 <br>Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/10/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5307629 | N/A | N/A |
| XXXX | 9729132259 |  |  | Closed | 2025-07-14 13:30 | 2025-07-17 13:21 | Resolved | 1 - Information | Property | Missing Doc | Missing Appraisal (Property) | Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-07/17/2025 <br>Ready for Review-Document Uploaded. appraisal - Buyer-07/16/2025 <br>Open-Appraisal or other primary valuation product is missing Appraisal is Missing. Additional conditions may apply upon receipt of document. - Due Diligence Vendor-07/14/2025 |  | Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-07/17/2025<br>| XXXX |  |  | WV | Investment | Purchase | NA | 4809259 | N/A | N/A |
| XXXX | 9729861865 |  |  | Closed | 2025-06-27 14:32 | 2025-06-27 14:33 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/27/2025<br>|  |  |  | NY | Primary Residence | Purchase | NA | 4590827 | Investor Post-Close | No |
| XXXX | 9730348928 |  |  | Closed | 2025-08-26 05:54 | 2025-09-19 14:30 | Resolved | 1 - Information | Compliance | State Reg | TX 50(a)(6) Violation: Receipt of Points and Fees to be Paid on Subject Transaction Not Provided One Day Prior to Close | Resolved-Evidence Receipt of Points and Fees to be Paid on Subject Transaction Provided One Day Prior to Close provided. - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached CD sent prior to closing. - Buyer-09/12/2025 <br>Open-TX 50(a)(6) Violation: Receipt of Points and Fees to be Paid on Subject Transaction Not Provided One Day Prior to Close. Receipt of Points and Fees to be Paid on Subject Transaction Not Provided One Day Prior to Close - Due Diligence Vendor-08/26/2025 |  | Resolved-Evidence Receipt of Points and Fees to be Paid on Subject Transaction Provided One Day Prior to Close provided. - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 5314079 | N/A | N/A |
| XXXX | 9730348928 |  |  | Closed | 2025-08-26 06:24 | 2025-09-11 15:14 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided Initial CD; Electronically executed. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br> Resolved-Resolved - Due Diligence Vendor-09/11/2025 <br> Ready for Review-Document Uploaded. Please see attached CD. - Buyer-09/10/2025 <br> Open-The Initial Closing Disclosure Received Date of (2025-07-28) is not three business days before the consummation date of (XXXX). Three business days before the consummation date is (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The file contains an LE dated 3/26 and a CD dated 7/28. Provide all Loan Estimates, Closing Disclosures, and COCs. Additional conditions may apply. - Due Diligence Vendor-08/26/2025 <br> Open- - Due Diligence Vendor-08/26/2025 |  | Resolved-Lender provided Initial CD; Electronically executed. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/11/2025<br>| XXXX |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 5314336 | N/A | N/A |
| XXXX | 9730920163 |  |  | Closed | 2025-08-19 06:28 | 2025-08-28 13:00 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - XXXX Disclosure Delivery | Resolved-Lender provided XXXX Agencies Disc dated 05/23/2025. Finding Resolved. - Due Diligence Vendor-08/28/2025 <br> Ready for Review-Document Uploaded. hoc - Buyer-08/27/2025 <br> Open-The XXXX Organization Disclosure Sent Date (2025-06-11) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of XXXX organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) .This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/19/2025 |  | Resolved-Lender provided XXXX Agencies Disc dated 05/23/2025. Finding Resolved. - Due Diligence Vendor-08/28/2025<br>| XXXX |  |  | WA | Primary Residence | Refinance | Cash Out - Other | 5224417 | N/A | N/A |
| XXXX | 9732695235 |  |  | Closed | 2025-07-11 14:08 | 2025-08-18 14:28 | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved-Lender provided proof of refund, PCCD & LOX. Finding Resolved. Ev1 - Due Diligence Vendor-08/18/2025 <br>Resolved- - Due Diligence Vendor-08/08/2025 <br>Ready for Review-Lender provided proof of refund, PCCD & LOX. Finding Resolved. Ev1 - Due Diligence Vendor-08/08/2025 <br>Ready for Review-Document Uploaded. Please see attached proof of receipt to the refund and the PCCD. - Investor-08/06/2025 <br>Counter-Pending confirmation borrower receipt of updated Closing Disclosure, LOX and refund to borrower, finding maintained. - Due Diligence Vendor-07/29/2025 <br>Ready for Review-Response from our Compliance Team: Rescission should not be required for a fee cure. - Buyer-07/28/2025 <br>Counter-Pending confirmation rescission reopened, if required, updated Closing Disclosure, LOX and refund to borrower, finding maintained. - Due Diligence Vendor-07/23/2025 <br>Ready for Review-Document Uploaded. Please see attached PCCD and request to title to refund the borrower. - Investor-07/23/2025 <br>Open-PCCD was provided and lender credit decreased from $172 to $49. It is acknowledged that the lender paid for $123.00 of the Recording Fee however the baseline of the Recording Fee would have increased beyond tolerance. - Due Diligence Vendor-07/11/2025 <br>Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($172.00). The actual total fee amount shows a credit amount of ($49.00). The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-07/11/2025 |  | Resolved-Lender provided proof of refund, PCCD & LOX. Finding Resolved. Ev1 - Due Diligence Vendor-08/18/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4791111 | N/A | N/A |
| XXXX | 9732695235 |  |  | Closed | 2025-07-11 14:08 | 2025-08-08 15:00 | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (XXXX) | Resolved-Lender provided proof of refund, PCCD & LOX. Finding Resolved. Ev1 - Due Diligence Vendor-08/08/2025 <br>Ready for Review-Document Uploaded. Please see attached proof of receipt to the refund and the PCCD. - Seller-08/06/2025 <br>Counter-Pending confirmation borrower receipt of updated Closing Disclosure, LOX and refund to borrower, finding maintained. - Due Diligence Vendor-07/29/2025 <br>Ready for Review-Response from our Compliance Team: Rescission should not be required for a fee cure. - Buyer-07/28/2025 <br>Counter-Pending confirmation rescission reopened, if required, updated Closing Disclosure, LOX and refund to borrower, finding maintained. - Due Diligence Vendor-07/23/2025 <br>Ready for Review-Document Uploaded. Please see attached PCCD and request to title to refund the borrower. - Investor-07/23/2025 <br>Open-PCCD was provided and lender credit decreased from $172 to $49. It is acknowledged that the lender paid for $123.00 of the Recording Fee however the baseline of the Recording Fee would have increased beyond tolerance. - Due Diligence Vendor-07/11/2025 <br>Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($172.00). The Last CD shows a total lender credit amount of ($49.00). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-07/11/2025 | Ready for Review-Document Uploaded. Please see attached proof of receipt to the refund and the PCCD. - Seller-08/06/2025<br>| Resolved-Lender provided proof of refund, PCCD & LOX. Finding Resolved. Ev1 - Due Diligence Vendor-08/08/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4791110 | N/A | N/A |
| XXXX | 9732695235 |  |  | Closed | 2025-06-24 14:00 | 2025-07-11 14:09 | Resolved | 1 - Information | Compliance | Missing Doc | Dry Funding State - Missing Confirmation of Final Figures | Resolved-Lender provided a PCCD which opened new findings dues to decrease in lender credit. This condition is cleared. - Due Diligence Vendor-07/11/2025 <br>Ready for Review-Document Uploaded. Please see attached final settlement statement PCCD. - Investor-07/10/2025 <br>Open- - Due Diligence Vendor-07/09/2025 <br>Acknowledged-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/24/2025 |  | Resolved-Lender provided a PCCD which opened new findings dues to decrease in lender credit. This condition is cleared. - Due Diligence Vendor-07/11/2025 <br>Acknowledged-Subject property is located in a dry funding state. Missing affirmation that final fees were provided to the borrower at consummation or a PCCD with final figures. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-06/24/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 4546718 | N/A | N/A |
| XXXX | 9732695235 |  |  | Closed | 2025-06-24 12:22 | 2025-06-30 11:21 | Waived | 2 - Non-Material | Credit | Eligibility | Transaction Ineligible | Waived-Borrower Eligibility exception to allow non-perm C14 work permit vs. us citizen. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors.<br> - Due Diligence Vendor-06/24/2025 |  | Waived-Borrower Eligibility exception to allow non-perm C14 work permit vs. us citizen. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors.<br> - Due Diligence Vendor-06/24/2025<br>|  |  | <br> 1. 800 FICO<br> 2. 80% LTV<br> 3. $50k reserves<br> 4. 35% DTI.  | CA | Primary Residence | Refinance | Cash Out - Other | 4544710 | Originator Pre-Close | Yes |
| XXXX | 9736024622 |  |  | Closed | 2025-08-20 08:08 | 2025-11-19 08:47 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived- - Due Diligence Vendor-11/19/2025 <br> Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025 <br> Ready for Review-Document Uploaded. sle - Buyer-09/03/2025 <br> Counter-Both the appraisal and CDA returned a value of $XXXX which results in an LTV/CLTV/HCLTV of 71.15%. The XXXX guidelines state 'The current appraised value is used to calculate the LTV/CLTV.' Finding Remains. - Due Diligence Vendor-08/25/2025 <br> Ready for Review-Please see attached 1008 and loan scorecard, LTV/CLTV is 70%. - Buyer-08/22/2025 <br> Open-Audited LTV of 71.15% exceeds Guideline LTV of 70% - Due Diligence Vendor-08/20/2025 |  | Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025<br>| XXXX |  | Minimum FICO:707<br> Maximum DTI: 1.0 DSCR<br> Maximum LTV: 72<br> Minimum Reserves: $30,000 | PA | Investment | Refinance | Cash Out - Other | 5245953 | Investor Post-Close | No |
| XXXX | 9736024622 |  |  | Closed | 2025-08-20 08:08 | 2025-11-19 08:46 | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived- - Due Diligence Vendor-11/19/2025 <br> Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025 <br> Ready for Review-Document Uploaded. sle - Buyer-09/03/2025 <br> Counter-Both the appraisal and CDA returned a value of $XXXX which results in an LTV/CLTV/HCLTV of 71.15%. TheXXXX guidelines state 'The current appraised value is used to calculate the LTV/CLTV.' Finding Remains. - Due Diligence Vendor-08/25/2025 <br> Ready for Review-Document Uploaded. Please see attached 1008 and loan scorecard, LTV/CLTV is 70%. - Investor-08/22/2025 <br> Open-Audited HLTV of 71.15% exceeds Guideline HCLTV of 70% - Due Diligence Vendor-08/20/2025 |  | Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025<br>| XXXX |  | Minimum FICO:707<br> Maximum DTI: 1.0 DSCR<br> Maximum LTV: 72<br> Minimum Reserves: $30,000 | PA | Investment | Refinance | Cash Out - Other | 5245952 | Investor Post-Close | No |
| XXXX | 9736024622 |  |  | Closed | 2025-08-20 08:08 | 2025-11-19 08:46 | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived- - Due Diligence Vendor-11/19/2025 <br> Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025 <br> Ready for Review-Document Uploaded. sle - Investor-09/03/2025 <br> Counter-Both the appraisal and CDA returned a value of $XXXX which results in an LTV/CLTV/HCLTV of 71.15%. The XXXX guidelines state 'The current appraised value is used to calculate the LTV/CLTV.' Finding Remains. - Due Diligence Vendor-08/25/2025 <br> Ready for Review-Document Uploaded. Please see attached 1008 and loan scorecard, LTV/CLTV is 70%. - Investor-08/22/2025 <br> Open-Audited CLTV of 71.15% exceeds Guideline CLTV of 70% - Due Diligence Vendor-08/20/2025 |  | Acknowledged-Lender provided Exception Approval for LTV of 71.154% which exceeds max allowable 70%. - Due Diligence Vendor-09/04/2025<br>| XXXX |  | Minimum FICO:707<br> Maximum DTI: 1.0 DSCR<br> Maximum LTV: 72<br> Minimum Reserves: $30,000 | PA | Investment | Refinance | Cash Out - Other | 5245951 | Investor Post-Close | No |
| XXXX | 9737349770 |  |  | Closed | 2025-08-23 06:33 | 2025-09-09 07:41 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 2 | Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/09/2025 <br>Ready for Review-Please advise why the front of the driver's license is not sufficient. - Seller-09/08/2025 <br>Counter-Lender provided only front side of driver's license, please provide both sides. Finding Remains. - Due Diligence Vendor-09/02/2025 <br>Ready for Review-Document Uploaded. ID - Buyer-08/29/2025 <br>Open-Missing Borrower Identification - Borrower 2. Missing Borrower Identification - Borrower 2 - Due Diligence Vendor-08/23/2025 | Ready for Review-Please advise why the front of the driver's license is not sufficient. - Seller-09/08/2025<br>| Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Borrower Identification - Borrower 2 provided. - Due Diligence Vendor-09/09/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5292119 | N/A | N/A |
| XXXX | 9737349770 |  |  | Closed | 2025-08-23 06:33 | 2025-09-09 07:41 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/09/2025 <br>Ready for Review-Please advise why the front of the driver's license is not sufficient. - Buyer-09/08/2025 <br>Counter-Lender provided only front side of driver's license, please provide both sides. Finding Remains. - Due Diligence Vendor-09/02/2025 <br>Ready for Review-Document Uploaded. ID - Buyer-08/29/2025 <br>Open-Missing Borrower Identification - Borrower 1. Missing Borrower Identification - Borrower 1 - Due Diligence Vendor-08/23/2025 |  | Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Lender provided driver's license. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/09/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5292118 | N/A | N/A |
| XXXX | 9738041889 |  |  | Closed | 2025-08-25 06:25 | 2025-08-29 09:25 | Waived | 2 - Non-Material | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI of 53.8% exceeds Guideline DTI of 50% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/29/2025 |  | Waived-Audited DTI of 53.8% exceeds Guideline DTI of 50% Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/29/2025<br>|  |  | Reserves of $500,000 | NC | Primary Residence | Purchase | NA | 5296940 | Originator Pre-Close | Yes |
| XXXX | 9738891382 |  |  | Closed | 2025-08-30 03:55 | 2025-09-15 18:06 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br> Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025 <br> Ready for Review-Document Uploaded. Document was included in attached initial disclosure package, please see attached disclosures and signed acknowledgement of receipt.<br> - Buyer-09/11/2025 <br> Counter-Lender provided 'What Mortgage Applicants Need to Know' pamphlet; however, it is not dated and unable to determine if it was provided withing 3 days of the application. Finding Remains - Due Diligence Vendor-09/11/2025 <br> Ready for Review-Document Uploaded. Please see attached NY disclosure 7-16-25. - Buyer-09/10/2025 <br> Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-08/30/2025 |  | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5369857 | N/A | N/A |
| XXXX | 9739263953 |  |  | Closed | 2025-09-09 08:53 | 2025-09-09 08:53 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-09/09/2025 |  | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-09/09/2025<br>|  |  |  | SC | Second Home | Purchase | NA | 5463820 | Investor Post-Close | No |
| XXXX | 9739771724 |  |  | Closed | 2025-08-19 08:04 | 2025-08-29 09:02 | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Lender provided payoff stmt. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. payoff - Buyer-08/28/2025 <br>Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-08/19/2025 |  | Resolved-Lender provided payoff stmt. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | Cash Out - Other | 5225583 | N/A | N/A |
| XXXX | 9740162590 |  |  | Closed | 2025-07-14 02:37 | 2025-08-19 11:32 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-. - Due Diligence Vendor-08/19/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/19/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-08/19/2025 <br>Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-08/01/2025 <br>Ready for Review-Document Uploaded. Please see attached asset worksheet and exception approval. - Buyer-08/01/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Total Qualified Assets for Reserves Post-Close of $29567.32 is less than Total Required Reserve Amount of $37227.6 - Due Diligence Vendor-07/14/2025 |  | Resolved-. - Due Diligence Vendor-08/19/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/19/2025 <br>Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-08/01/2025<br>| XXXX |  |  | GA | Primary Residence | Purchase | NA | 4799927 | N/A | N/A |
| XXXX | 9740162590 |  |  | Closed | 2025-07-14 02:40 | 2025-08-18 14:40 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Lender provided Post Close Exception Waiver - Due Diligence Vendor-08/18/2025 <br>Waived-Lender exception with valid compensating factors provided for 100% use of funds, finding to be graded EV2. - Due Diligence Vendor-08/01/2025 <br>Ready for Review-Document Uploaded. Please see attached asset worksheet and exception approval. - Buyer-08/01/2025 <br>Open-Audited Reserves of 4.77 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-07/14/2025 |  | Waived-Lender provided Post Close Exception Waiver - Due Diligence Vendor-08/18/2025 <br>Waived-Lender exception with valid compensating factors provided for 100% use of funds, finding to be graded EV2. - Due Diligence Vendor-08/01/2025<br>| XXXX |  | Minimum FICO: 734<br> Maximum DTI: 35<br> Maximum LTV: 90 | GA | Primary Residence | Purchase | NA | 4799937 | Originator Post-Close | No |
| XXXX | 9740162590 |  |  | Closed | 2025-07-14 02:33 | 2025-08-18 14:39 | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Lender provided Post Close Exception Waiver - Due Diligence Vendor-08/18/2025 <br>Waived-Lender exception with valid compensating factors provided for 100% use of funds, finding to be graded EV2. - Due Diligence Vendor-08/01/2025 <br>Ready for Review-Document Uploaded. Please see attached asset worksheet and exception approval. - Buyer-08/01/2025 <br>Open-Total Qualified Assets for Reserves Post-Close of $29567.32 is less than Total Required Reserve Amount of $37227.6 - Due Diligence Vendor-07/14/2025 |  | Waived-Lender provided Post Close Exception Waiver - Due Diligence Vendor-08/18/2025 <br>Waived-Lender exception with valid compensating factors provided for 100% use of funds, finding to be graded EV2. - Due Diligence Vendor-08/01/2025<br>| XXXX |  | Minimum FICO: 734<br> Maximum DTI: 35<br> Maximum LTV: 90 | GA | Primary Residence | Purchase | NA | 4799916 | Originator Post-Close | No |
| XXXX | 9741392873 |  |  | Closed | 2025-08-21 08:17 | 2025-08-21 08:17 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-08/21/2025 |  | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-08/21/2025<br>|  |  |  | IN | Primary Residence | Purchase | NA | 5262932 | Investor Post-Close | No |
| XXXX | 9741767561 |  |  | Closed | 2025-08-25 14:22 | 2025-11-19 08:17 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Initial CD provided. Finding Resolved. - Due Diligence Vendor-11/19/2025 <br> Resolved- - Due Diligence Vendor-09/11/2025 <br> Ready for Review-Document Uploaded. Please see attached initial CD and corresponding audit trail. - Buyer-09/10/2025 <br> Open- - Due Diligence Vendor-08/26/2025 <br> Open- - Due Diligence Vendor-08/26/2025 <br> Open- - Due Diligence Vendor-08/26/2025 <br> Open-The Initial Closing Disclosure was provided on (2025-08-08) via (USPSFirstClassMail). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (XXXX), for consummation to occur on (XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 |  | Resolved-Initial CD provided. Finding Resolved. - Due Diligence Vendor-11/19/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | 5306772 | N/A | N/A |
| XXXX | 9744640039 |  |  | Closed | 2025-07-15 10:22 | 2025-07-15 15:32 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/15/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/15/2025<br>|  |  |  | CA | Primary Residence | Refinance | Cash Out - Debt Consolidation | 4820523 | Investor Post-Close | No |
| XXXX | 9745491440 |  |  | Closed | 2025-08-26 14:27 | 2025-08-26 14:27 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025<br>|  |  |  | HI | Second Home | Refinance | No Cash Out - Borrower Initiated | 5324630 | Investor Post-Close | No |
| XXXX | 9746589648 |  |  | Closed | 2025-08-25 14:46 | 2025-09-06 19:54 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | AZ | Primary Residence | Purchase | NA | 5307296 | Investor Post-Close | No |
| XXXX | 9746731364 |  |  | Closed | 2025-08-28 14:51 | 2025-08-28 14:51 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2025<br>|  |  |  | OR | Primary Residence | Purchase | NA | 5352461 | Investor Post-Close | No |
| XXXX | 9746900746 |  |  | Closed | 2025-08-26 06:35 | 2025-09-15 17:55 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Document Uploaded. Document was included in attached initial disclosure package, please see attached disclosures and signed acknowledgement of receipt. - Buyer-09/11/2025 <br>Counter-Lender provided 'What Mortgage Applicants Need to Know' pamphlet; however, it is not dated and unable to determine if it was provided withing 3 days of the application. Finding remains. - Due Diligence Vendor-09/11/2025 <br>Ready for Review-Document Uploaded. Please see attached disclosure. - Buyer-09/10/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-08/26/2025 |  | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5314428 | N/A | N/A |
| XXXX | 9749454840 |  |  | Closed | 2025-08-27 15:35 | 2025-11-20 16:09 | Resolved | 1 - Information | Credit | Missing Doc | Missing Business Purpose Affidavit | Resolved-Lender provided executed Business Purpose Affidavit. Finding Resolved. - Due Diligence Vendor-09/02/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-09/02/2025 <br>Ready for Review-Document Uploaded. business purpose - Buyer-08/29/2025 <br>Open-The loan file is missing the Business Purpose Affidavit as required by Lender guidelines. - Due Diligence Vendor-08/27/2025 |  | Resolved-Lender provided executed Business Purpose Affidavit. Finding Resolved. - Due Diligence Vendor-09/02/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-09/02/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 5339476 | N/A | N/A |
| XXXX | 9749454840 |  |  | Closed | 2025-08-21 10:07 | 2025-09-08 07:57 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Lender provided Driver's License. Finding Resolved. - Due Diligence Vendor-09/08/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/08/2025 <br>Ready for Review-Document Uploaded. Please see attached copy of ID. - Buyer-09/05/2025 <br>Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-08/21/2025 |  | Resolved-Lender provided Driver's License. Finding Resolved. - Due Diligence Vendor-09/08/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-09/08/2025<br>| XXXX |  |  | CA | Investment | Purchase | NA | 5265277 | N/A | N/A |
| XXXX | 9749982667 |  |  | Closed | 2025-08-11 08:59 | 2025-08-22 08:04 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/11/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/11/2025<br>|  |  |  | UT | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5129236 | Investor Post-Close | No |
| XXXX | 9751210312 |  |  | Closed | 2025-09-01 09:24 | 2025-09-09 19:37 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/01/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/01/2025<br>|  |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 5373307 | Investor Post-Close | No |
| XXXX | 9751394223 |  |  | Closed | 2025-08-25 17:16 | 2025-08-29 09:52 | Resolved | 1 - Information | Credit | Missing Doc | Missing Business Purpose Affidavit | Resolved-Lender provided Business Purpose Affidavit. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-08/29/2025 <br>Ready for Review-Document Uploaded. business purpose - Buyer-08/27/2025 <br>Open-The loan file is missing the Business Purpose Affidavit as required by Lender guidelines. - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided Business Purpose Affidavit. Finding Resolved. - Due Diligence Vendor-08/29/2025 <br>Resolved-Business Purpose Affidavit provided - Due Diligence Vendor-08/29/2025<br>| XXXX |  |  | NY | Investment | Purchase | NA | 5309865 | N/A | N/A |
| XXXX | 9752112467 |  |  | Closed | 2025-06-27 11:00 | 2025-07-07 14:42 | Resolved | 1 - Information | Credit | Missing Doc | The Final 1003 is Missing | Resolved-Received executed final 1003. Condition cleared. - Due Diligence Vendor-07/07/2025 <br>Ready for Review-Document Uploaded. The entity application was signed at closing, final 1003 is also attached. - Buyer-07/02/2025 <br>Open-Final 1003 is Missing for B1 & B2 - Due Diligence Vendor-06/27/2025 |  | Resolved-Received executed final 1003. Condition cleared. - Due Diligence Vendor-07/07/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 4587144 | N/A | N/A |
| XXXX | 9752555749 |  |  | Closed | 2025-09-04 09:00 | 2025-09-11 11:36 | Resolved | 1 - Information | Property | Missing Doc | Missing Appraisal (Property) | Resolved-Lender provided copy of Appraisal. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Ready for Review-Document Uploaded. Please see attached appraisal. - Buyer-09/10/2025 <br>Open-Appraisal or other primary valuation product is missing - Due Diligence Vendor-09/04/2025 |  | Resolved-Lender provided copy of Appraisal. Finding Resolved. - Due Diligence Vendor-09/11/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5408056 | N/A | N/A |
| XXXX | 9753194605 |  |  | Closed | 2025-08-18 10:18 | 2025-08-28 10:58 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2025<br>|  |  |  | NC | Primary Residence | Purchase | NA | 5211806 | Investor Post-Close | No |
| XXXX | 9755046126 |  |  | Closed | 2025-08-25 14:02 | 2025-09-10 12:46 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Lender provided initial LE. Findng Resolved. - Due Diligence Vendor-09/10/2025 <br> Ready for Review-Please see attached initial LE. - Investor-09/09/2025 <br> Open-The Initial Disclosure Date (2025-06-23) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The initial Loan Estimate is dated 06/23/2025 and the application date is XXXX. No Cure. - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided initial LE. Findng Resolved. - Due Diligence Vendor-09/10/2025<br>|  |  |  | NY | Primary Residence | Refinance | Cash Out - Other | 5306368 | N/A | N/A |
| XXXX | 9755046126 |  |  | Closed | 2025-08-25 14:55 | 2025-09-10 11:02 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided What Mortgage Applicants need to know pamphlet. Finding resolved. - Due Diligence Vendor-09/10/2025 <br> Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/10/2025 <br> Ready for Review-Document Uploaded. Please see attached What Mortgage Applicants Need to Know disclosure. - Investor-09/09/2025 <br> Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. What Mortgage Applicants Need to Know is not provided in loan file so 3 days from Application date requirement not able to verify.<br> - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided What Mortgage Applicants need to know pamphlet. Finding resolved. - Due Diligence Vendor-09/10/2025 <br>Resolved-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/10/2025<br>| XXXX |  |  | NY | Primary Residence | Refinance | Cash Out - Other | 5307491 | N/A | N/A |
| XXXX | 9755046126 |  |  | Closed | 2025-08-25 14:02 | 2025-09-10 10:56 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - XXXX Disclosure Delivery | Resolved-Lender provided XXXX Organization List dated 06/18/2025 which is within 3 days of the application. Finding Resolved. - Due Diligence Vendor-09/10/2025 <br> Ready for Review-Document Uploaded. Please see attached 06-18 HOC list. - Buyer-09/09/2025 <br> Open-The XXXX Organization Disclosure Sent Date (2025-07-08) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of XXXX organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided XXXX Organization List dated 06/18/2025 which is within 3 days of the application. Finding Resolved. - Due Diligence Vendor-09/10/2025<br>| XXXX |  |  | NY | Primary Residence | Refinance | Cash Out - Other | 5306367 | N/A | N/A |
| XXXX | 9755669679 |  |  | Closed | 2025-08-12 06:47 | 2025-08-28 13:08 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided required document. Finding Resolved. - Due Diligence Vendor-08/28/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-08/28/2025 <br>Ready for Review-Document Uploaded. initial docs - Buyer-08/27/2025 <br>Counter-Lender provided copies of Your Home Loan Toolkit & Combined Disclosure Document. The Combined Disclosure does not list the 'What Mortgage Applicants Need to Know' Pamphlet. Finding Remains. - Due Diligence Vendor-08/26/2025 <br>Ready for Review-Document Uploaded. Please see attached acknowledgement of receipt of the your home loan toolkit and a copy of the toolkit. - Buyer-08/26/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-08/12/2025 |  | Resolved-Lender provided required document. Finding Resolved. - Due Diligence Vendor-08/28/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-08/28/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5142111 | N/A | N/A |
| XXXX | 9755996601 |  |  | Closed | 2025-08-27 13:46 | 2025-10-02 16:13 | Cured | 2 - Non-Material | Compliance | TRID Tolerance | Insufficient Change of Circumstance (XXXX) | Cured-Received the following: Payment History showing $310.20 Principal Only Payment made on 09/26/2025; Letter to borrower dated 09/29/2025 stating due a refund for the overstated credit report fee which has been applied to your current loan balance; PCCD dated 09/29/2025 with Addendum noting Adjustment $310.20 Principal Reduction for exceeding legal limits P.O.C. Lender. Finding Cured. Final Grade 2/B - Due Diligence Vendor-10/02/2025 <br>Ready for Review-Document Uploaded. Please see attached cure package. - Investor-09/29/2025 <br>Counter-The credit report fee was disclosed as $250 on the initial LE but the final CD reflected a credit report fee of $560.20 with no COC. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $310.20 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. Condition remains. <br> - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Please see attached calculations from our Compliance Team stating findings are invalid. If you do not agree, please provide your calculation so we can find the discrepancy. - Seller-09/11/2025 <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The Credit report fee increased on the CD dated 8/4/2025 without a valid COC. No Cure. - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/27/2025 <br>Open- - Due Diligence Vendor-08/27/2025 | Ready for Review-Please see attached calculations from our Compliance Team stating findings are invalid. If you do not agree, please provide your calculation so we can find the discrepancy. - Seller-09/11/2025<br>| Cured-Received the following: Payment History showing $310.20 Principal Only Payment made on 09/26/2025; Letter to borrower dated 09/29/2025 stating due a refund for the overstated credit report fee which has been applied to your current loan balance; PCCD dated 09/29/2025 with Addendum noting Adjustment $310.20 Principal Reduction for exceeding legal limits P.O.C. Lender. Finding Cured. Final Grade 2/B - Due Diligence Vendor-10/02/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | 5337366 | N/A | N/A |
| XXXX | 9755996601 |  |  | Closed | 2025-08-27 13:46 | 2025-10-02 16:10 | Cured | 2 - Non-Material | Compliance | TRID Tolerance | Charges That Cannot Increase Test (XXXX) | Cured-Received the following: Payment History showing $310.20 Principal Only Payment made on 09/26/2025; Letter to borrower dated 09/29/2025 stating due a refund for the overstated credit report fee which has been applied to your current loan balance; PCCD dated 09/29/2025 with Addendum noting Adjustment $310.20 Principal Reduction for exceeding legal limits P.O.C. Lender. Finding Cured. Final Grade 2/B - Due Diligence Vendor-10/02/2025 <br>Ready for Review-Document Uploaded. Please see attached cure package. - Investor-09/29/2025 <br>Counter-The credit report fee was disclosed as $250 on the initial LE but the final CD reflected a credit report fee of $560.20 with no COC. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $310.20 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. Condition remains. - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Please see attached calculations from our Compliance Team stating findings are invalid. If you do not agree, please provide your calculation so we can find the discrepancy. - Buyer-09/11/2025 <br>Open-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: Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $310.20 is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/29/2025 <br>Open- - Due Diligence Vendor-08/27/2025 <br>Open- - Due Diligence Vendor-08/27/2025 |  | Cured-Received the following: Payment History showing $310.20 Principal Only Payment made on 09/26/2025; Letter to borrower dated 09/29/2025 stating due a refund for the overstated credit report fee which has been applied to your current loan balance; PCCD dated 09/29/2025 with Addendum noting Adjustment $310.20 Principal Reduction for exceeding legal limits P.O.C. Lender. Finding Cured. Final Grade 2/B - Due Diligence Vendor-10/02/2025<br>| XXXX |  |  | CO | Primary Residence | Purchase | NA | 5337365 | N/A | N/A |
| XXXX | 9755996601 |  |  | Closed | 2025-08-27 14:57 | 2025-08-27 14:57 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025<br>|  |  |  | CO | Primary Residence | Purchase | NA | 5338767 | Investor Post-Close | No |
| XXXX | 9757677100 |  |  | Closed | 2025-08-19 13:05 | 2025-10-03 13:17 | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Reserves are sufficient. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br> Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $37769.9 - Due Diligence Vendor-10/03/2025 <br> Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $41726.26 - Due Diligence Vendor-10/03/2025 <br> Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $37770.62 - Due Diligence Vendor-10/03/2025 <br> Open-Total Qualified Assets for Reserves Post-Close of $46008.48 is less than Total Required Reserve Amount of $76911.86 - Due Diligence Vendor-10/03/2025 <br> Ready for Review-Document Uploaded. LOEs - Buyer-10/02/2025 <br> Counter-Audit is using XXXX. Reserve section 29 on page 15/16 indicates that the Reserve Requirement is based on the subject PITIA amount. Finding remains. - Due Diligence Vendor-09/25/2025 <br> Ready for Review-Document Uploaded. attached is the asset worksheet<br> we need 3 mos of subject = $19572<br> we need 2 mos of each financed property at their PITIA (not the subject property) for $3956, $3134, $2010 for $9100 x 2 = $18,200<br> So $19,572 + $18,200 = $37,772 as listed on asset calc. - Seller-09/22/2025 <br> Counter-The Asset Worksheet indicates remaining assets are $38,065. The required reserves are 9 months based on a PITI of $6,523.54 which totals $58,711.86. The 9 months is determined by 3 months for the subject property and 2 months for each of the 3 retained financed properties (XXXX). Finding Remains. - Due Diligence Vendor-09/17/2025 <br> Ready for Review-Please provide your calculation so we can determine where there is a discrepancy. - Buyer-09/12/2025 <br> Counter-Lender provided LOX stating, " The subject property needs 3 mos reserves, each retained financed needs 2 = $37,772 (DTI is not over 45 and ln amt does not exceed $1MM". Reserves are considered as 9 months (3 months for loan amount being less than $1M + 2 months each for additional 3 properties for a total of 6 additional months, XXXX). Finding Remains. - Due Diligence Vendor-09/05/2025 <br> Ready for Review-Document Uploaded. Please see attached explanation from the underwriter. - Investor-09/04/2025 <br> Open-Total Qualified Assets for Reserves Post-Close of $46008.48 is less than Total Required Reserve Amount of $58711.86 - Due Diligence Vendor-08/28/2025 | Ready for Review-Document Uploaded. attached is the asset worksheet<br> we need 3 mos of subject = $19572<br> we need 2 mos of each financed property at their PITIA (not the subject property) for $3956, $3134, $2010 for $9100 x 2 = $18,200<br> So $19,572 + $18,200 = $37,772 as listed on asset calc. - Seller-09/22/2025<br>| Resolved-Reserves are sufficient. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br>Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $37769.9 - Due Diligence Vendor-10/03/2025 <br>Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $41726.26 - Due Diligence Vendor-10/03/2025 <br>Resolved-Total Qualified Assets for Reserves Post-Close of $46008.48 is equal to or greater than Total Required Reserve Amount of $37770.62 - Due Diligence Vendor-10/03/2025<br>| XXXX |  |  | AK | Investment | Purchase | NA | 5236529 | N/A | N/A |
| XXXX | 9757677100 |  |  | Closed | 2025-08-19 13:14 | 2025-10-03 13:17 | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Reserves are sufficient. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br> Resolved-Audited Reserves of 7.05 month(s) are greater than or equal to Guideline Required Reserves of 0 month(s) - Due Diligence Vendor-10/03/2025 <br> Ready for Review-Document Uploaded. LOEs - Seller-10/02/2025 <br> Counter-Audit is using XXXX. Reserve section 29 on page 15/16 indicates that the Reserve Requirement is based on the subject PITIA amount. Finding remains. - Due Diligence Vendor-09/25/2025 <br> Ready for Review-<br> we need 3 mos of subject = $19572<br> we need 2 mos of each financed property at their PITIA (not the subject property) for $3956, $3134, $2010 for $9100 x 2 = $18,200<br> So $19,572 + $18,200 = $37,772 as listed on asset calc. - Investor-09/22/2025 <br> Counter-The Asset Worksheet indicates remaining assets are $38,065. The required reserves are 9 months based on a PITI of $6,523.54 which totals $58,711.86. The 9 months is determined by 3 months for the subject property and 2 months for each of the 3 retained financed properties (XXXX). Finding Remains. - Due Diligence Vendor-09/17/2025 <br> Ready for Review-Please provide your calculation so we can determine where there is a discrepancy. - Seller-09/12/2025 <br> Counter-Lender provided LOX stating, " The subject property needs 3 mos reserves, each retained financed needs 2 = $37,772 (DTI is not over 45 and ln amt does not exceed $1MM". Reserves are considered as 9 months (3 months for loan amount being less than $1M + 2 months each for additional 3 properties for a total of 6 additional months, XXXX). Finding Remains.<br> - Due Diligence Vendor-09/05/2025 <br> Ready for Review-Document Uploaded. Please see attached explanation from the underwriter. - Investor-09/04/2025 <br> Open-Audited Reserves of 7.05 month(s) are less than Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-08/28/2025 | Ready for Review-Document Uploaded. LOEs - Seller-10/02/2025 <br>Ready for Review-Please provide your calculation so we can determine where there is a discrepancy. - Seller-09/12/2025<br>| Resolved-Reserves are sufficient. Finding Resolved. - Due Diligence Vendor-10/03/2025 <br>Resolved-Audited Reserves of 7.05 month(s) are greater than or equal to Guideline Required Reserves of 0 month(s) - Due Diligence Vendor-10/03/2025<br>| XXXX |  |  | AK | Investment | Purchase | NA | 5236683 | N/A | N/A |
| XXXX | 9760007477 |  |  | Closed | 2025-08-26 13:27 | 2025-08-26 13:27 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | 5323203 | Investor Post-Close | No |
| XXXX | 9760482167 |  |  | Closed | 2025-08-25 13:46 | 2025-09-10 18:52 | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Lender provided Hazard Insurance effective at time of closing. Finding Resolved. - Due Diligence Vendor-09/10/2025 <br> Resolved-Hazard Insurance Effective Date of 08-08-2025 is prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-09/10/2025 <br> Ready for Review-Document Uploaded. Please see attached insurance. - Buyer-09/09/2025 <br> Open-Hazard Insurance Effective Date of 09-02-2025 is after the Note Date of XXXX. - Due Diligence Vendor-08/25/2025 |  | Resolved-Lender provided Hazard Insurance effective at time of closing. Finding Resolved. - Due Diligence Vendor-09/10/2025 <br> Resolved-Hazard Insurance Effective Date of 08-08-2025 is prior to or equal to the Note Date of XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-09/10/2025 | XXXX |  |  | MD | Primary Residence | Purchase | NA | 5305969 | N/A | N/A |
| XXXX | 9761467225 |  |  | Closed | 2025-08-25 15:27 | 2025-09-06 07:17 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-08/25/2025<br>|  |  |  | GA | Primary Residence | Purchase | NA | 5308055 | Investor Post-Close | No |
| XXXX | 9761708883 |  |  | Closed | 2025-09-02 12:53 | 2025-09-02 12:59 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/02/2025 |  | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/02/2025<br>|  |  |  | TX | Primary Residence | Refinance | Cash Out - Other | 5382244 | Investor Post-Close | No |
| XXXX | 9762624246 |  |  | Closed | 2025-08-12 07:30 | 2025-08-28 13:03 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - XXXX Disclosure Delivery | Resolved-Lender Provided XXXX dated 06/27/2025. Finding Resolved. - Due Diligence Vendor-08/28/2025 <br> Ready for Review-Document Uploaded. hoc - Buyer-08/27/2025 <br> Open-The XXXX Organization Disclosure Sent Date (2025-07-10) is more than 3 business days from the Application Date (XXXX). Three business days from the Application Date is (XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of XXXX organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) . This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-08/25/2025 <br> Open- - Due Diligence Vendor-08/12/2025 <br> Open- - Due Diligence Vendor-08/12/2025 <br> Open- - Due Diligence Vendor-08/12/2025 <br> Open- - Due Diligence Vendor-08/12/2025 |  | Resolved-Lender Provided XXXX dated 06/27/2025. Finding Resolved. - Due Diligence Vendor-08/28/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 5142526 | N/A | N/A |
| XXXX | 9762928258 |  |  | Closed | 2025-07-24 08:53 | 2025-08-04 10:50 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/04/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/04/2025<br>|  |  |  | NJ | Primary Residence | Refinance | Cash Out - Other | 4931470 | Investor Post-Close | No |
| XXXX | 9763165066 |  |  | Closed | 2025-07-24 14:25 | 2025-07-31 15:11 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-07/31/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-07/31/2025 <br>Ready for Review-Document Uploaded. Please see attached seller CDs from the sale of the properties. - Buyer-07/31/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Borrower owns two additional properties which were to be sold on or before closing and proceeds from sale used for loan qualification. Loan file does not contain any supporting documentation to validate proceeds from sale amount.<br> - Due Diligence Vendor-07/24/2025 |  | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-07/31/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 4938848 | N/A | N/A |
| XXXX | 9763165066 |  |  | Closed | 2025-07-29 15:53 | 2025-07-31 15:07 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided CD for sale of two properties, finding resolved. - Due Diligence Vendor-07/31/2025 <br>Ready for Review-Document Uploaded. Please see attached seller CDs from the sale of the properties. - Buyer-07/31/2025 <br>Open-Borrower owns two additional properties which were to be sold on or before closing and proceeds from sale used for loan qualification. Loan file does not contain any supporting documentation to validate proceeds from sale amount. - Due Diligence Vendor-07/29/2025 |  | Resolved-Lender provided CD for sale of two properties, finding resolved. - Due Diligence Vendor-07/31/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 4987007 | N/A | N/A |
| XXXX | 9763396869 |  |  | Closed | 2025-08-25 06:19 | 2025-11-19 13:59 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-. - Due Diligence Vendor-10/02/2025 <br> Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-09/30/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements . - Due Diligence Vendor-09/30/2025 <br> Ready for Review-Document Uploaded. Please see attached XXXX. - Seller-09/25/2025 <br> Counter-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Verified assets of $1,049 less cash to close of $4,565.82 results in $3,516.82 shortage of funds to close. The XXXX disclosed on the final 1003 have not been verified. Finding remains. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-UW response: Borrower met guidelines for rate term refi (limited cash out is still considered a rate/term) and not requiring any reserves. They are not short funds to close. - Investor-09/17/2025 <br> Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Verified assets of $0 less cash to close of $4565.82 =$4565.82 shortage of funds to close. Missing most recent 2 months account statements to cover cash to close. - Due Diligence Vendor-08/25/2025 | Ready for Review-Document Uploaded. Please see attached XXXX. - Seller-09/25/2025 | Resolved-. - Due Diligence Vendor-10/02/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-09/30/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5296887 | N/A | N/A |
| XXXX | 9763396869 |  |  | Closed | 2025-08-25 06:19 | 2025-10-02 14:10 | Resolved | 1 - Information | Credit | Assets | Insufficient asset documentation in file - assets do not cover closing costs | Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-09/30/2025 <br> Ready for Review-Document Uploaded. Please see attached XXXX. - Investor-09/25/2025 <br> Counter-Insufficient asset documentation in file - assets do not cover closing costs. Verified assets of $1,049 less cash to close of $4,565.82 results in $3,516.82 shortage of funds to close. The XXXX disclosed on the final 1003 have not been verified. Finding remains. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-UW response: Borrower met guidelines for rate term refi (limited cash out is still considered a rate/term) and not requiring any reserves. They are not short funds to close. - Buyer-09/17/2025 <br> Open-Insufficient asset documentation in file - assets do not cover closing costs. Verified assets of $0 less cash to close of $4565.82 =$4565.82 shortage of funds to close. Most recent bank statement does not have sufficient funds and the requirements for 90% ownership have not been met (written approval from all owners that the assets are eligible). Missing most recent 2 months account statements to cover cash to close and written approval from owners. - Due Diligence Vendor-08/25/2025 |  | Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-09/30/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5296888 | N/A | N/A |
| XXXX | 9764528197 |  |  | Closed | 2025-09-11 13:44 | 2025-09-16 12:48 | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Required documentation provided. Finding Resolved. - Due Diligence Vendor-09/16/2025 <br> Ready for Review-Document Uploaded. Please see attached LOX, HOI and RE taxes for XXXX - Buyer-09/12/2025 <br> Open-Missing documentation to verify the PITI payment for the primary residence disclosed on line 3C of the final 1003. - Due Diligence Vendor-09/12/2025 |  | Resolved-Required documentation provided. Finding Resolved. - Due Diligence Vendor-09/16/2025<br>| XXXX |  |  | IL | Investment | Purchase | NA | 5505674 | N/A | N/A |
| XXXX | 9764528197 |  |  | Closed | 2025-09-11 13:43 | 2025-09-11 13:43 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/11/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/11/2025<br>|  |  |  | IL | Investment | Purchase | NA | 5505646 | Investor Post-Close | No |
| XXXX | 9769278517 |  |  | Closed | 2025-08-26 08:32 | 2025-09-19 12:50 | Resolved | 1 - Information | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Resolved-HO-6 Insurance Policy Effective Date of 08-11-2025 is prior to or equal to the Note Date of XXXX Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Document Uploaded. Please see attached insurance. - Buyer-09/17/2025 <br> Open-HO-6 Insurance Policy Effective Date of 08-14-2025 is after the Note Date of XXXX - Due Diligence Vendor-08/26/2025 |  | Resolved-HO-6 Insurance Policy Effective Date of 08-11-2025 is prior to or equal to the Note Date of XXXX Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-09/19/2025 | XXXX |  |  | FL | Investment | Purchase | NA | 5315878 | N/A | N/A |
| XXXX | 9770138114 |  |  | Closed | 2025-09-05 07:04 | 2025-09-17 14:06 | Resolved | 1 - Information | Credit | Missing Doc | Missing VOM or VOR | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025 <br> Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-09/17/2025 <br> Ready for Review-Document Uploaded. UW response: he primary residence, XXXX, is owned free and clear. Other XXXX, had a mortgage with XXXX paid off 6/30/25 by the new refi completed by XXXX (XXXX). The XXXX mortgage is in borrower's spouse's name as shown by the statement and payoff reflected no red flags therefore a VOM is not required. The refi of XXXX with XXXX closed XXXX - - no first payment was due for XXXX therefore could not be verified.<br>CD from XXXX refinance attached. - Buyer-09/17/2025 <br> Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The loan file is missing a VOM for the Primary Residence, documentation indicates an open lien, as well as the subject property and the REO located on XXXX as required by the lender guidelines. No mortgage tradelines were present on the credit report. - Due Diligence Vendor-09/05/2025 |  | Resolved-Documentation received, finding resolved - Due Diligence Vendor-09/17/2025 <br>Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-09/17/2025<br>| XXXX |  |  | NC | Investment | Refinance | Cash Out - Other | 5423880 | N/A | N/A |
| XXXX | 9770512912 |  |  | Closed | 2025-09-06 11:09 | 2025-09-19 12:15 | Waived | 2 - Non-Material | Credit | Eligibility | Cash out amount greater than guideline maximum | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/19/2025 <br> Ready for Review-Document Uploaded. Please see attached SLE. - Buyer-09/16/2025 <br> Open-Lender guidelines allow a maximum cash out of $750,000.00 for LTV > 50% and <= 60%. the loan has an LTV of 55%. Per the final CD the borrower received cash out amount of $XXXX. - Due Diligence Vendor-09/06/2025 |  | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/19/2025<br>| XXXX |  | Min Fico - 800<br> Max DTI - 45%<br> Max LTV - 55%<br> Min Reserves - $500,000 | FL | Primary Residence | Refinance | Cash Out - Other | 5439785 | Originator Pre-Close | Yes |
| XXXX | 9771259489 |  |  | Closed | 2025-08-22 09:24 | 2025-08-27 12:12 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025<br>|  |  |  | UT | Primary Residence | Purchase | NA | 5280744 | Investor Post-Close | No |
| XXXX | 9771626737 |  |  | Closed | 2025-09-06 12:07 | 2025-11-19 08:42 | Waived | 2 - Non-Material | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Lender provided an exception to allow use of departing residence rental income with only 16% equity vs the required 25%. - Due Diligence Vendor-09/06/2025 |  | Waived-Lender provided an exception to allow use of departing residence rental income with only 16% equity vs the required 25%. - Due Diligence Vendor-09/06/2025<br>|  |  | Minimum FICO: 742 <br> Maximum DTI: 50 <br> Maximum LTV: 80  | TX | Primary Residence | Purchase | NA | 5439979 | Originator Pre-Close | Yes |
| XXXX | 9774164926 |  |  | Closed | 2025-09-11 07:47 | 2025-09-15 18:41 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. <br> - Due Diligence Vendor-09/15/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Document Uploaded. Please see attached initial disclosures and acknowledgement of receipt, What Mortgage Applicants Need to Know Pamphlet is included in initial disclosures. - Buyer-09/12/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/11/2025 |  | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. <br> - Due Diligence Vendor-09/15/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5497313 | N/A | N/A |
| XXXX | 9774164926 |  |  | Closed | 2025-09-11 09:16 | 2025-09-11 11:37 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $1500000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-09/11/2025 |  | Waived-Audited Loan Amount of $XXXX is greater than the Guideline Maximum Loan Amount of $1500000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-09/11/2025 |  |  | Minimum FICO: 800 <br> Maximum DTI: 35 <br> Maximum LTV: 85 <br> Minimum Reserves: $350,000 | NY | Primary Residence | Purchase | NA | 5498853 | Originator Pre-Close | Yes |
| XXXX | 9774665856 |  |  | Closed | 2025-08-29 12:29 | 2025-09-15 18:14 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided disclosure tracking with evidence Initial CD was received electronically. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br> Resolved-Resolved - Due Diligence Vendor-09/15/2025 <br> Ready for Review-Document Uploaded. Please see attached initial CD and audit trail showing borrower viewed document on 08-05-25. - Buyer-09/11/2025 <br> Open-The Initial Closing Disclosure was provided on (2025-08-05) via (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (2025-08-08), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (XXXX), for consummation to occur on (XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial CD reflects Date Issued of 8/5/2025 with no acknowledgment of receipt on the part of the borrower. Mailbox Rule/Presumed Receipt applied and borrower not in receipt of Initial CD 3 business days prior to consummation of XXXX. No Cure. - Due Diligence Vendor-08/29/2025 <br> Open- - Due Diligence Vendor-08/29/2025 <br> Open- - Due Diligence Vendor-08/29/2025 <br> Open- - Due Diligence Vendor-08/29/2025 <br> Open- - Due Diligence Vendor-08/29/2025 |  | Resolved-Lender provided disclosure tracking with evidence Initial CD was received electronically. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | TX | Primary Residence | Purchase | NA | 5364177 | N/A | N/A |
| XXXX | 9774665856 |  |  | Closed | 2025-08-29 13:08 | 2025-08-29 13:08 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/29/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/29/2025<br>|  |  |  | TX | Primary Residence | Purchase | NA | 5364747 | Investor Post-Close | No |
| XXXX | 9777869695 |  |  | Closed | 2025-08-15 11:37 | 2025-08-26 07:29 | Resolved | 1 - Information | Compliance | Missing Doc | PUD Rider is Missing | Resolved-Lender provided recorded Mortgage with all applicable riders. Finding resolved. - Due Diligence Vendor-08/26/2025 <br>Ready for Review-Document Uploaded. Please see attached re-recorded mortgage with PUD Rider attached. - Buyer-08/25/2025 <br>Open-Missing Mortgage Riders – PUD Rider - Due Diligence Vendor-08/15/2025 |  | Resolved-Lender provided recorded Mortgage with all applicable riders. Finding resolved. - Due Diligence Vendor-08/26/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5194962 | N/A | N/A |
| XXXX | 9779526889 |  |  | Closed | 2025-08-11 08:39 | 2025-08-26 09:58 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/26/2025<br>|  |  |  | AK | Primary Residence | Purchase | NA | 5128903 | Investor Post-Close | No |
| XXXX | 9780637352 |  |  | Closed | 2025-08-21 10:33 | 2025-08-28 12:55 | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrower Identification - Borrower 1 | Resolved-Lender provided copy of driver's license. Finsing Resolved. - Due Diligence Vendor-08/28/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-08/28/2025 <br>Ready for Review-Document Uploaded. ID - Buyer-08/27/2025 <br>Open-Missing Borrower Identification - Borrower 1. Missing Borrower Identification - Borrower 1<br> - Due Diligence Vendor-08/21/2025 |  | Resolved-Lender provided copy of driver's license. Finsing Resolved. - Due Diligence Vendor-08/28/2025 <br>Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-08/28/2025<br>| XXXX |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 5267006 | N/A | N/A |
| XXXX | 9780637352 |  |  | Closed | 2025-08-21 11:56 | 2025-08-25 08:30 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | OH | Primary Residence | Refinance | Cash Out - Other | 5268769 | Investor Post-Close | No |
| XXXX | 9781138848 |  |  | Closed | 2025-07-23 14:07 | 2025-07-30 14:00 | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/30/2025 <br>Ready for Review-Document Uploaded. Please see attached payoff statement. - Buyer-07/30/2025 <br>Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-07/23/2025 |  | Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-07/30/2025<br>| XXXX |  |  | GA | Investment | Refinance | Cash Out - Other | 4923903 | N/A | N/A |
| XXXX | 9782025317 |  |  | Closed | 2025-08-31 08:25 | 2025-09-17 14:07 | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Lender exception provided and is dated post-closing. Compensating factors have been reviewed and validated. This finding is downgraded and will be rated B for all agencies.<br> - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Document Uploaded. Please see attached SLE. - Buyer-09/12/2025 <br>Open-Total Qualified Assets for Reserves Post-Close of $22460.13 is less than Total Required Reserve Amount of $22963.44 - Due Diligence Vendor-08/31/2025 |  | Waived-Lender exception provided and is dated post-closing. Compensating factors have been reviewed and validated. This finding is downgraded and will be rated B for all agencies.<br> - Due Diligence Vendor-09/17/2025<br>| XXXX |  | Subject LTV 5% below guidelines maximum. <br> FICO of 774 is greater that minimum guideline FICO of 660 | NM | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5371757 | Originator Post-Close | No |
| XXXX | 9782025317 |  |  | Closed | 2025-08-31 08:33 | 2025-09-17 14:06 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Lender exception provided and is dated post-closing. Compensating factors have been reviewed and validated. This finding is downgraded and will be rated B for all agencies.<br> - Due Diligence Vendor-09/17/2025 <br>Ready for Review-Document Uploaded. Please see attached SLE. - Buyer-09/12/2025 <br>Open-Audited Reserves of 5.87 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-08/31/2025 |  | Waived-Lender exception provided and is dated post-closing. Compensating factors have been reviewed and validated. This finding is downgraded and will be rated B for all agencies.<br> - Due Diligence Vendor-09/17/2025<br>| XXXX |  | Subject LTV 5% below guidelines maximum. <br> FICO of 774 is greater that minimum guideline FICO of 660 | NM | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5371778 | Originator Post-Close | No |
| XXXX | 9782025317 |  |  | Closed | 2025-08-31 07:36 | 2025-08-31 07:36 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/31/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/31/2025<br>|  |  |  | NM | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5371657 | Investor Post-Close | No |
| XXXX | 9782162276 |  |  | Closed | 2025-08-26 05:14 | 2025-09-16 12:05 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Disclosure provided. - Due Diligence Vendor-09/16/2025 <br>Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Document Uploaded. Document was included in attached initial disclosure package, please see attached disclosures and signed acknowledgement of receipt.<br> - Buyer-09/11/2025 <br>Counter-Lender provided 'What Mortgage Applicants Need to Know' pamphlet; however, it is not dated and unable to determine if it was provided withing 3 days of the application. Finding remains. - Due Diligence Vendor-09/11/2025 <br>Ready for Review-Document Uploaded. Please see attached disclosure. - Buyer-09/10/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-08/29/2025 |  | Resolved-Disclosure provided. - Due Diligence Vendor-09/16/2025 <br>Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5313845 | N/A | N/A |
| XXXX | 9783057780 |  |  | Closed | 2025-09-11 05:41 | 2025-09-16 14:08 | Resolved | 1 - Information | Compliance | Disclosure | Missing "What Mortgage Applicants Need to Know" Pamphlet | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. <br>- Due Diligence Vendor-09/16/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/16/2025 <br>Ready for Review-Document Uploaded. What Mortgage Applicants Need to know Pamphlet - Buyer-09/15/2025 <br>Open-Missing the New York pamphlet "What Mortgage Applicants Need to Know" which must be provided by licensed lenders, mortgage bankers and other banking organizations effective 06/11/2025. - Due Diligence Vendor-09/11/2025 |  | Resolved-Lender provided pamphlet within 3 days of application. Finding Resolved. <br>- Due Diligence Vendor-09/16/2025 <br>Resolved-Disclosure provided. - Due Diligence Vendor-09/16/2025<br>| XXXX |  |  | NY | Primary Residence | Purchase | NA | 5496181 | N/A | N/A |
| XXXX | 9783952048 |  |  | Closed | 2025-09-06 19:02 | 2025-09-06 19:02 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/07/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/07/2025<br>|  |  |  | UT | Primary Residence | Refinance | Cash Out - Other | 5440935 | Investor Post-Close | No |
| XXXX | 9784462351 |  |  | Closed | 2025-06-30 11:26 | 2025-06-30 11:26 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-06/30/2025 |  | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-06/30/2025<br>|  |  |  | AR | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 4603840 | Investor Post-Close | No |
| XXXX | 9785063935 |  |  | Closed | 2025-07-17 07:06 | 2025-07-17 07:06 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/17/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/17/2025<br>|  |  |  | TN | Primary Residence | Purchase | NA | 4848950 | Investor Post-Close | No |
| XXXX | 9786006123 |  |  | Closed | 2025-07-15 13:56 | 2025-09-09 08:36 | Resolved | 1 - Information | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Lender provided evidence of completion of repairs and borrower attestation. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br> Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-09/09/2025 <br> Ready for Review-Document Uploaded. Please see attached borrower attestation. - Buyer-09/08/2025 <br> Counter-Completion Cert or Borrower Attestation signed and dated by borrower required. Finding Remains. - Due Diligence Vendor-08/29/2025 <br> Ready for Review-Document Uploaded. LOE - Buyer-08/27/2025 <br> Counter-Missing appraisal completion form, finding maintained. - Due Diligence Vendor-08/05/2025 <br> Ready for Review-Document Uploaded. repairs - Buyer-08/05/2025 <br> Open-Primary Value Subject Property Appraisal is not on an As-Is Basis. Repairs listed on appraisal appear to be completed; however, the completion cert is missing. - Due Diligence Vendor-07/15/2025 |  | Resolved-Lender provided evidence of completion of repairs and borrower attestation. Finding Resolved. - Due Diligence Vendor-09/09/2025 <br>Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-09/09/2025<br>| XXXX |  |  | VA | Investment | Purchase | NA | 4825785 | N/A | N/A |
| XXXX | 9786804683 |  |  | Closed | 2025-08-26 03:00 | 2025-09-19 11:42 | Resolved | 1 - Information | Credit | Missing Doc | Missing Rent Loss Coverage | Resolved-Rent Loss Coverage provided - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached checklist of coverages with rent loss coverage. - Buyer-09/17/2025 <br>Open-Hazard Insurance Policy does not reflect rent loss coverage. - Due Diligence Vendor-08/26/2025 |  | Resolved-Rent Loss Coverage provided - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | FL | Investment | Purchase | NA | 5313280 | N/A | N/A |
| XXXX | 9787746230 |  |  | Closed | 2025-08-25 15:40 | 2025-11-19 12:43 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements | Resolved-Master Policy provided includes "Walls In" coverage. Resolved. - Due Diligence Vendor-09/19/2025 <br>Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached policy including walls in coverage. - Investor-09/16/2025 <br>Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements HO-6 Insurance Policy is Missing. Unable to verify master policy has walls in coverage or not. - Due Diligence Vendor-08/25/2025 |  | Resolved-Master Policy provided includes "Walls In" coverage. Resolved. - Due Diligence Vendor-09/19/2025 <br>Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | CA | Second Home | Purchase | NA | 5308246 | N/A | N/A |
| XXXX | 9787746230 |  |  | Closed | 2025-08-25 15:35 | 2025-09-19 11:58 | Resolved | 1 - Information | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-Master Policy provided includes "Walls In" coverage. Resolved - Due Diligence Vendor-09/19/2025 <br>Ready for Review-Document Uploaded. Please see attached policy including walls in coverage. - Buyer-09/16/2025 <br>Open-HO-6 Insurance Policy is Missing. Unable to verify master policy has walls in coverage or not. - Due Diligence Vendor-08/25/2025 |  | Resolved-Master Policy provided includes "Walls In" coverage. Resolved - Due Diligence Vendor-09/19/2025<br>| XXXX |  |  | CA | Second Home | Purchase | NA | 5308179 | N/A | N/A |
| XXXX | 9787746230 |  |  | Closed | 2025-08-25 15:39 | 2025-09-15 18:18 | Resolved | 1 - Information | Property | Missing Doc | Incomplete Appraisal (Property) | Resolved-Lender provided complete appraisal. Finding Resolved. - Due Diligence Vendor-09/15/2025 <br>Ready for Review-Document Uploaded. Please see attached appraisal. - Seller-09/11/2025 <br>Open-All pages of appraisal were not provided. Most pages of the appraisal are cut off at the bottom. Provide a complete and legible appraisal. - Due Diligence Vendor-08/25/2025 | Ready for Review-Document Uploaded. Please see attached appraisal. - Seller-09/11/2025<br>| Resolved-Lender provided complete appraisal. Finding Resolved. - Due Diligence Vendor-09/15/2025<br>| XXXX |  |  | CA | Second Home | Purchase | NA | 5308228 | N/A | N/A |
| XXXX | 9787789073 |  |  | Closed | 2025-11-20 16:03 | 2025-11-20 16:03 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-11/20/2025 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/20/2025 |  |  |  |  |  | IN | Primary Residence | Refinance | Cash Out - Other | 6333188 | Originator Pre-Close | No |
| XXXX | 9787864835 |  |  | Closed | 2025-08-19 14:04 | 2025-08-19 14:04 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2025<br>|  |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 5237844 | Investor Post-Close | No |
| XXXX | 9790642194 |  |  | Closed | 2025-08-20 13:58 | 2025-08-27 07:23 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Property type is ineligible due to Subject property land area is XXXX ac, but maximum allowed size is 20 ac as per GL. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/27/2025 |  | Waived-Property type is ineligible due to Subject property land area is XXXX ac, but maximum allowed size is 20 ac as per GL. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/27/2025 |  |  | Maximum LTV: 50 | WY | Primary Residence | Refinance | Cash Out - Other | 5254381 | Originator Pre-Close | Yes |
| XXXX | 9790642194 |  |  | Closed | 2025-08-20 13:58 | 2025-08-27 07:17 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/27/2025<br>|  |  |  | WY | Primary Residence | Refinance | Cash Out - Other | 5254382 | Investor Post-Close | No |
| XXXX | 9793104390 |  |  | Closed | 2025-08-28 09:51 | 2025-09-11 15:08 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided discloure tracking with evidence initial CD was received and signed. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br> Resolved-Resolved - Due Diligence Vendor-09/11/2025 <br> Ready for Review-Document Uploaded. Please see attached ICD and audit trail. - Investor-09/10/2025 <br> Open- - Due Diligence Vendor-09/08/2025 <br> Open- - Due Diligence Vendor-09/08/2025 <br> Open- - Due Diligence Vendor-09/08/2025 <br> Open- - Due Diligence Vendor-09/08/2025 <br> Open-The Initial Closing Disclosure was provided on (2025-08-07) via (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (XXXX), for consummation to occur on (XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) . - Due Diligence Vendor-08/28/2025 <br> Open- - Due Diligence Vendor-08/28/2025 <br> Open- - Due Diligence Vendor-08/28/2025 |  | Resolved-Lender provided discloure tracking with evidence initial CD was received and signed. Finding Resolved. - Due Diligence Vendor-09/11/2025 <br>Resolved-Resolved - Due Diligence Vendor-09/11/2025<br>| XXXX |  |  | WA | Primary Residence | Purchase | NA | 5346731 | N/A | N/A |
| XXXX | 9793104390 |  |  | Closed | 2025-08-28 07:55 | 2025-09-07 18:53 | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-Audited CLTV of 80% exceeds Guideline CLTV of 75% . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/28/2025 |  | Waived-Audited CLTV of 80% exceeds Guideline CLTV of 75% . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/28/2025<br>|  |  | Minimum Fico-759<br> Maximum DTI - 35<br> Maximum LTV - 80<br> Minimum Reserves - $450,000 | WA | Primary Residence | Purchase | NA | 5344801 | Originator Pre-Close | Yes |
| XXXX | 9793104390 |  |  | Closed | 2025-08-28 07:55 | 2025-09-07 18:52 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/28/2025 |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-08/28/2025<br>|  |  | Minimum Fico-759<br> Maximum DTI - 35<br> Maximum LTV - 80<br> Minimum Reserves - $450,000 | WA | Primary Residence | Purchase | NA | 5344803 | Originator Pre-Close | Yes |
| XXXX | 9797073682 |  |  | Closed | 2025-08-19 06:39 | 2025-11-19 10:59 | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-Lender Provided copy of Settlement Statement from sale of REO. Finding Resolved. - Due Diligence Vendor-08/22/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/22/2025 <br>Ready for Review-Document Uploaded. Please see attached seller CD. - Investor-08/21/2025 <br>Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Final Hud-1, Closing documents, or other evidence of sale from property listed in position 3A on the application evidencing liens paid and sufficient proceeds was not provided. - Due Diligence Vendor-08/19/2025 |  | Resolved-Lender Provided copy of Settlement Statement from sale of REO. Finding Resolved. - Due Diligence Vendor-08/22/2025 <br>Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-08/22/2025<br>| XXXX |  |  | OH | Primary Residence | Purchase | NA | 5224526 | N/A | N/A |
| XXXX | 9797073682 |  |  | Closed | 2025-08-06 08:23 | 2025-09-04 11:48 | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided Initial Closing Disclosure. Finding Resolved. - Due Diligence Vendor-09/04/2025 <br> Ready for Review-Document Uploaded. ICD - Investor-09/03/2025 <br> Counter-Please provide a copy of the initial CD, which is missing from the loan file. Condition maintained. - Due Diligence Vendor-08/25/2025 <br> Ready for Review-Document Uploaded. Please see attached confirmation of receipt of initial CD on 07-15. - Investor-08/21/2025 <br> Open-The Initial Closing Disclosure Received Date of (2025-07-18) is not three business days before the consummation date of (XXXX). Three business days before the consummation date is (XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The initial CD is missing from the loan file. Additional conditions may apply. No Cure. - Due Diligence Vendor-08/06/2025 <br> Open- - Due Diligence Vendor-08/06/2025 |  | Resolved-Lender provided Initial Closing Disclosure. Finding Resolved. - Due Diligence Vendor-09/04/2025<br>| XXXX |  |  | OH | Primary Residence | Purchase | NA | 5072437 | N/A | N/A |
| XXXX | 9797073682 |  |  | Closed | 2025-08-19 06:35 | 2025-08-22 07:49 | Resolved | 1 - Information | Credit | Missing Doc | Missing evidence of sale of other property owned (REO) | Resolved-Lender provided copy of Settlement Statement executed by Settlement Agent. Finding Resolved. - Due Diligence Vendor-08/22/2025 <br>Ready for Review-Document Uploaded. Please see attached seller CD and settlement statement. - Buyer-08/21/2025 <br>Open-Final Hud-1, Closing documents, or other evidence of sale from property listed in position 3A on the application evidencing liens paid and sufficient proceeds was not provided. - Due Diligence Vendor-08/19/2025 |  | Resolved-Lender provided copy of Settlement Statement executed by Settlement Agent. Finding Resolved. - Due Diligence Vendor-08/22/2025<br>| XXXX |  |  | OH | Primary Residence | Purchase | NA | 5224484 | N/A | N/A |
| XXXX | 9797360832 |  |  | Closed | 2025-08-25 12:27 | 2025-08-25 12:27 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/25/2025<br>|  |  |  | TX | Second Home | Purchase | NA | 5304123 | Investor Post-Close | No |
| XXXX | 9797836351 |  |  | Closed | 2025-10-30 16:00 | 2025-10-30 16:00 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-10/30/2025 |  | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. S&P RA Only - Value grade equals B, secondary product within tolerance. - Due Diligence Vendor-10/30/2025<br>|  |  |  | CA | Primary Residence | Purchase | NA | 6075424 | Originator Pre-Close | No |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 5**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 9752112467 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled from 1003 |
| 215226440 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit value pulled from documents available in loan file |
| 9707070943 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 9719007453 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 9722582187 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9722582187 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit value pulled from documents located in the loan file. |
| 9729861865 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9732695235 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003.<br>|
| 9732695235 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9735908247 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 9763340669 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9720367862 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9785574980 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9705458066 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 215146044 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit value pulled from documents available in loan file |
| 215072927 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit value pulled from documents located in the loan file. |
| 215239609 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9709814207 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit value pulled from documents located in the loan file. |
| 9726010250 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9728390825 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9741899257 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9741899257 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9752815747 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9752815747 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9784850191 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 9729132259 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 215210139 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit value pulled from documents located in the loan file. |
| 9707709540 |  |  | XX | Loan Purpose | the1003Page | Refinance | Other | Audit Value Pulled From Final 1003. |
| 9707709540 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9739556620 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9786006123 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9786006123 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9799139929 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit value pulled from final 1003. |
| 214763682 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9785063935 |  |  | XX | Loan Purpose | the1003Page | Purchase | Other | Audit Value Pulled From Final 1003. |
| 9734149090 |  |  | XX | Sales Price | propertyValuationPage | XXXX | XXXX | Audit Value Verified on Purchase Contract / Final CD. |
| 9715410784 |  |  | XX | Property Address | notePage | XXXX | XXXX | Audit Value Pulled From Note. |
| 9704663203 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit value pulled from Appraisal |
| 9704895367 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9723361722 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| 9725522016 |  |  | XX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |

---

## Exhibit 99.6

**Exhibit 99.6 Schedule 6**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **APR Pricing Threshold Exceeded?** | **QM DTI Threshold Exceeded?** | **Higher Priced Mortgage Loan (HPML)?** | **Negatively Amortizing Loan?** | **Principal Deferment?** | **Interest Only Flag?** | **Prepayment Penalty?** | **Balloon Flag?** | **Adjustable Rate Balloon?** | **Loan Term Less Than 5 Years?** | **QM Points and Fees Threshold Exceeded?** | **QM Total Points and Fees** | **APR** | **ATR: Qualifying Payment Properly Considered?** | **ATR: Current Employment/Self-Employment Verified?** | **ATR: Balloon Qualifying Payment Properly Considered?** | **ATR: Reasonable Income or Assets Considered?** | **ATR: Subject PITIA Adequately Documented?** | **ATR: All Liabilities Including Alimony and Child Support in DTI?** | **ATR: Simultaneous Loan Calculated Properly** | **ATR: Credit History was Considered Properly?** | **ATR: Did Lender Document All ATR Factors?** | **ATR: Was an ATR/QM DTI/Residual Income Analysis Provided?** | **Residual Income** | **Residual Income Meets Guidelines?** | **Borrower 1 Employment Indicator** | **Borrower 2 Employment Indicator** | **Borrower 1 Foreign National Indicator** | **Borrower 2 Foreign National Indicator** | **Business Purpose Loan?** | **Business Purpose Verified?** |
| 214194631 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.964 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 50767.87 | N/A | Employed | Employed | No | No | No |  |
| 214746299 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.8 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5605.85 | N/A | Employed | Not Employed | No | No | No |  |
| 214763682 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 214802399 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215038092 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.868 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 37200.17 | N/A | Employed |  | No |  | No |  |
| 215041096 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.539 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22527.02 | N/A | Retired | Retired | No | No | No |  |
| 215062241 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.818 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 34421.04 | N/A | Employed | Employed | No | No | No |  |
| 215072927 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.753 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3869.23 | Yes | Employed | Employed | No | No | No |  |
| 215146044 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 91784.76 | N/A | Employed |  | No |  | Yes | Present |
| 215160987 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.948 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17470.92 | N/A | Employed |  | No |  | No |  |
| 215165416 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.635 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 109592.88 | Yes | Employed | Not Employed | No | No | No |  |
| 215172875 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.709 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 42310.97 | N/A | Employed |  | No |  | No |  |
| 215210139 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11680.93 | N/A | Employed |  | No |  | Yes | Present |
| 215226440 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6224.39 | N/A | Retired |  | No |  | Yes | Present |
| 215238700 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.656 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29069.63 | N/A | Employed | Not Employed | No | No | No |  |
| 215239609 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.717 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 25812.92 | N/A | Employed |  | No |  | No |  |
| 215246695 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.585 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24822.34 | N/A | Employed |  | No |  | No |  |
| 215268434 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.932 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9301.71 | N/A | Employed |  | No |  | No |  |
| 215271453 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.997 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 88791.11 | N/A | Employed |  | No |  | No |  |
| 215277674 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.802 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23863.77 | N/A | Employed | Employed | No | No | No |  |
| 215284977 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.773 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 38460.13 | N/A | Employed | Employed | No | No | No |  |
| 215285354 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.087 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8743.41 | N/A | Employed |  | No |  | No |  |
| 215294505 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.466 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 15885 | Yes | Employed | Employed | No | No | No |  |
| 215297367 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.596 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 19286.36 | N/A | Employed | Employed | No | No | No |  |
| 215297805 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215297862 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215330598 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13505.54 | N/A | Employed | Employed | No | No | Yes | Present |
| 215334806 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.533 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29856.77 | N/A | Not Employed | Employed | No | No | No |  |
| 215337494 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13284.28 | N/A | Employed | Employed | No | No | Yes | Present |
| 215347733 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.797 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7115.34 | N/A | Employed |  | No |  | No |  |
| 215349218 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.777 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23511.82 | N/A | Employed | Employed | No | No | No |  |
| 215349382 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 6.991 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7457.01 | Yes | Retired | Employed | No | No | No |  |
| 215349481 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 17850.39 | N/A | Employed | Employed | No | No | Yes | Present |
| 215350935 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9043.89 | N/A | Employed | Employed | No | No | Yes | Present |
| 215352550 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 114360.64 | N/A | Employed |  | No |  | Yes | Present |
| 215355231 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9172.7 | N/A | Employed |  | No |  | Yes | Present |
| 215368655 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3315.19 | N/A | Retired |  | No |  | Yes | Present |
| 215373697 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.295 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10202 | N/A | Employed | Employed | No | No | No |  |
| 215373739 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.703 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 107928.94 | N/A | Employed | Employed | No | No | No |  |
| 215373796 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.7 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6234.56 | N/A | Employed |  | No |  | No |  |
| 215373853 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215390477 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215396680 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215418682 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215418781 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215424474 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8742.18 | N/A | Employed | Employed | No | No | Yes | Present |
| 215424672 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 40854.56 | N/A | Employed |  | No |  | Yes | Present |
| 215429077 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.092 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 43487.57 | N/A | Employed |  | No |  | No |  |
| 215435157 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215437658 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.611 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22135.67 | N/A | Employed | Employed | No | No | No |  |
| 215451931 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.101 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10168.44 | N/A | Employed | Retired | No | No | No |  |
| 215465535 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 9.733 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11520.84 | N/A | Retired | Employed | No | No | No |  |
| 215466210 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 215473422 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.199 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3207.72 | N/A | Employed |  | No |  | No |  |
| 215477779 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215480567 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 215480948 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.39 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 53946.92 | N/A | Employed | Employed | No | No | No |  |
| 215486002 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215487539 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.777 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23615.68 | N/A | Employed | Employed | No | No | No |  |
| 215487976 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.629 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9815.58 | Yes | Employed |  | No |  | No |  |
| 215488172 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.437 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31389.97 | N/A | Employed | Not Employed | No | No | No |  |
| 215499419 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.166 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 39267.81 | N/A | Employed | Employed | No | No | No |  |
| 215509274 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22669.69 | N/A | Employed | Employed | No | No | Yes | Present |
| 215515982 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215517459 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215518135 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.128 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14335.23 | Yes | Employed | Employed | No | No | No |  |
| 215518499 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215519018 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.91 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6984.68 | N/A | Employed |  | No |  | No |  |
| 215519323 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 215519620 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10182.11 | N/A | Employed |  | No |  | Yes | Present |
| 215520164 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | Yes | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 94288.57 | N/A | Employed |  | No |  | Yes | Present |
| 215524281 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.572 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4272.98 | N/A | Employed |  | No |  | No |  |
| 215532599 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 19869.74 | N/A | Employed | Employed | No | No | Yes | Present |
| 215541103 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.217 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17181.99 | N/A | Employed |  | No |  | No |  |
| 215541152 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1779.83 | N/A | Employed |  | No |  | Yes | Present |
| 215556408 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8863.08 | N/A | Employed |  | No |  | Yes | Present |
| 215564170 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.841 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 103503.44 | N/A | Employed | Not Employed | No | No | No |  |
| 215581554 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | Yes | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 90157.48 | N/A | Employed |  | No |  | Yes | Present |
| 215585985 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 215601402 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 215612367 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 26261.11 | N/A | Employed | Employed | No | No | Yes | Present |
| 215617242 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.158 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29438.81 | N/A | Employed |  | No |  | No |  |
| 215622507 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9704663203 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9704895367 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9704932905 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9705458066 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.595 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 63009.32 | Yes | Employed |  | No |  | No |  |
| 9705704337 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.073 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6553.12 | N/A | Employed |  | No |  | No |  |
| 9705714427 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.037 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11380.85 | N/A | Retired | Retired | No | No | No |  |
| 9705801935 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.037 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7610.89 | Yes | Retired |  | No |  | No |  |
| 9705978915 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 9.111 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18587.77 | N/A | Employed |  | No |  | No |  |
| 9706011328 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.093 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4245.64 | N/A | Employed | Employed | No | No | No |  |
| 9706019057 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.785 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 41795.3 | N/A | Employed |  | No |  | No |  |
| 9706035830 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9706558484 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.372 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 15197.52 | N/A | Employed |  | No |  | No |  |
| 9707070943 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9707134426 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 35695.26 | N/A | Employed |  | No |  | Yes | Present |
| 9707324969 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9707709540 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9707906039 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.606 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31779.09 | N/A | Employed |  | No |  | No |  |
| 9707940681 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.757 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7261.8 | N/A | Employed | Employed | No | No | No |  |
| 9708056305 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9708128641 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.581 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 56102.92 | N/A | Employed |  | No |  | No |  |
| 9708353926 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9708438685 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.065 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 112354.74 | N/A | Employed |  | No |  | No |  |
| 9708480828 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.811 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9423.29 | N/A | Retired | Retired | No | No | No |  |
| 9708638862 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9709413877 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.677 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9216.63 | N/A | Employed | Employed | No | No | No |  |
| 9709674718 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.497 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14875.83 | N/A | Employed |  | No |  | No |  |
| 9709814207 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9709876289 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9710220980 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9710327900 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9710868820 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9710989444 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.688 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 28228.32 | N/A | Employed | Employed | No | No | No |  |
| 9711054396 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.721 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 63162.01 | N/A | Employed |  | No |  | No |  |
| 9711079625 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.078 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 101572.01 | N/A | Employed |  | No |  | No |  |
| 9711846601 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9711866971 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.96 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4343.73 | N/A | Employed |  | No |  | No |  |
| 9712498345 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.651 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 17310.21 | N/A | Employed | Retired | No | No | No |  |
| 9712631648 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 148888.37 | N/A | Employed |  | No |  | Yes | Present |
| 9713654888 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9713843614 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.678 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2500 | N/A | Retired | Retired | No | No | No |  |
| 9714021319 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 310903 | N/A | Employed | Not Employed | No | No | Yes | Present |
| 9714342236 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.149 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4169.53 | Yes | Retired | Retired | No | No | No |  |
| 9714571420 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.98 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3884.48 | N/A | Employed |  | No |  | No |  |
| 9715146032 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9715235033 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9715410784 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9715701307 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.093 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 20748.31 | N/A | Employed |  | No |  | No |  |
| 9715708377 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.253 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4795.23 | N/A | Employed |  | No |  | No |  |
| 9715837978 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.445 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11400.19 | Yes | Employed |  | No |  | No |  |
| 9715878931 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.547 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 1968.35 | N/A | Employed | Employed | No | No | No |  |
| 9716235727 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.424 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3179.59 | Yes | Employed |  | No |  | No |  |
| 9716462156 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.476 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24714.39 | N/A | Employed |  | No |  | No |  |
| 9716884680 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.552 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3909.68 | N/A | Retired | Retired | No | No | No |  |
| 9716932927 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.421 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9197.9 | N/A | Retired | Retired | No | No | No |  |
| 9716995569 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9718334726 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.131 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12351.35 | N/A | Employed |  | No |  | No |  |
| 9718614127 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4272 | N/A | Employed |  | No |  | Yes | Present |
| 9719007453 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.819 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 35232.92 | N/A | Employed |  | No |  | No |  |
| 9719101181 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.485 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2413.46 | N/A | Employed |  | No |  | No |  |
| 9719881998 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9719913932 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9720357376 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9720367862 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.263 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29474.03 | N/A | Employed |  | No |  | No |  |
| 9720507558 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9721129659 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9721453380 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9721647551 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.544 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 65445.65 | N/A | Retired | Retired | No | No | No |  |
| 9721725225 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9722330843 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.879 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31308.1 | N/A | Employed | Employed | No | No | No |  |
| 9722582187 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6232.11 | N/A | Employed |  | No |  | Yes | Present |
| 9722782829 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9722784213 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 45007.07 | N/A | Employed | Employed | No | No | Yes | Present |
| 9722868784 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.702 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 53969.87 | N/A | Employed |  | No |  | No |  |
| 9722921633 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.659 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5080.54 | N/A | Employed |  | No |  | No |  |
| 9723159167 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9723277100 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.716 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18547.92 | N/A | Employed |  | No |  | No |  |
| 9723361722 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9724099511 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.657 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 21821.77 | N/A | Employed |  | No |  | No |  |
| 9724143004 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.11 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 47301.42 | N/A | Employed | Employed | No | No | No |  |
| 9724362612 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 45547.84 | N/A | Employed | Employed | No | No | Yes | Present |
| 9724744298 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9724910576 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.274 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6107.18 | N/A | Employed |  | No |  | No |  |
| 9724963690 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.66 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4626.91 | N/A | Employed | Not Employed | No | No | No |  |
| 9725522016 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9725753124 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.464 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3422.65 | N/A | Employed |  | No |  | No |  |
| 9725908777 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9725932462 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.847 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 1884.51 | Yes | Employed |  | No |  | No |  |
| 9726010250 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.455 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 46060.5 | N/A | Employed |  | No |  | No |  |
| 9726080899 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9726162366 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.982 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7089.1 | N/A | Employed | Employed | No | No | No |  |
| 9726217616 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.271 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 50089.43 | N/A | Employed |  | No |  | No |  |
| 9726376834 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Yes |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 103383.45 | N/A | Employed |  | No |  | Yes | Present |
| 9726642326 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9726683361 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6796.42 | Yes | Employed |  | No |  | Yes | Present |
| 9726758627 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9727320617 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.113 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 22177.54 | N/A | Employed | Not Employed | No | No | No |  |
| 9727648264 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.962 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8458.6 | Yes | Employed |  | No |  | No |  |
| 9727714298 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.547 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 637674 | Yes | Employed |  | No |  | No |  |
| 9727719776 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.736 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9060.93 | N/A | Employed |  | No |  | No |  |
| 9727972649 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 9.008 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5819.4 | N/A | Employed |  | No |  | No |  |
| 9728278947 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.325 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5639.42 | N/A | Employed |  | No |  | No |  |
| 9728340317 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.33 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 97757.13 | N/A | Employed |  | No |  | No |  |
| 9728354110 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9728366007 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9728390825 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.38 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 103693.92 | N/A | Employed |  | No |  | No |  |
| 9729132259 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9729861865 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.844 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18034.78 | N/A | Employed |  | No |  | No |  |
| 9729935024 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.036 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3514.09 | N/A | Employed |  | No |  | No |  |
| 9730348928 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.806 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 75686.09 | N/A | Employed |  | No |  | No |  |
| 9730644755 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.924 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 41324.04 | N/A | Employed |  | No |  | No |  |
| 9730755114 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9730920163 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.877 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14414.29 | N/A | Employed | Employed | No | No | No |  |
| 9731008117 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9731052495 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.822 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6006.09 | N/A | Retired |  | No |  | No |  |
| 9732695235 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.037 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13567.54 | N/A | Employed |  | No |  | No |  |
| 9733080718 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9733878418 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.742 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6975.26 | N/A | Employed | Employed | No | No | No |  |
| 9734067003 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9734149090 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9734979348 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9735908247 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9736024622 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9737349770 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9737480286 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9738041889 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.714 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13859.91 | N/A | Employed |  | No |  | No |  |
| 9738133918 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9738891382 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.549 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5411.98 | Yes | Employed | Employed | No | No | No |  |
| 9739088129 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.594 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3193.8 | N/A | Employed |  | No |  | No |  |
| 9739263953 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.043 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 48324.69 | N/A | Retired |  | No |  | No |  |
| 9739457050 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9739547231 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.832 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24785.87 | N/A | Employed |  | No |  | No |  |
| 9739556620 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.451 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14245.21 | N/A | Employed |  | No |  | No |  |
| 9739576784 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.682 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 71411.56 | N/A | Employed |  | No |  | No |  |
| 9739771724 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.187 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 62260.16 | N/A | Employed | Not Employed | No | No | No |  |
| 9740140513 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.243 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 64651.68 | N/A | Employed | Employed | No | No | No |  |
| 9740162590 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.916 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 34682.15 | N/A | Employed |  | No |  | No |  |
| 9740384335 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9741314257 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8991.89 | N/A | Employed | Retired | No | No | Yes | Present |
| 9741392873 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.059 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5287.89 | N/A | Employed | Employed | No | No | No |  |
| 9741767561 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.049 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23842.02 | N/A | Employed | Not Employed | No | No | No |  |
| 9741899257 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9742025076 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9742097141 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9742182356 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9743124969 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.342 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 40731.65 | N/A | Employed |  | No |  | No |  |
| 9743624919 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.288 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2461.67 | N/A | Employed |  | No |  | No |  |
| 9744640039 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.824 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7229.4 | Yes | Employed |  | No |  | No |  |
| 9745491440 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.674 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23613.7 | N/A | Employed | Employed | No | No | No |  |
| 9746589648 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.18 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14404.44 | N/A | Employed | Retired | No | No | No |  |
| 9746731364 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.957 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 39452.26 | N/A | Employed |  | No |  | No |  |
| 9746900746 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.636 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5886.27 | N/A | Employed |  | No |  | No |  |
| 9747039783 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9748404689 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9749454840 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9749551058 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.957 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5256.13 | N/A | Retired |  | No |  | No |  |
| 9749700465 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9749982667 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.763 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11064.9 | N/A | Employed |  | No |  | No |  |
| 9750742588 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10838.91 | N/A | Employed | Employed | No | No | Yes | Present |
| 9750821432 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13584.63 | N/A | Employed |  | No |  | Yes | Present |
| 9751210312 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.83 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18620.48 | N/A | Employed |  | No |  | No |  |
| 9751270522 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.158 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2502.53 | Yes | Employed |  | No |  | No |  |
| 9751394223 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9751415499 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9751564981 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6366.14 | N/A | Employed | Employed | No | No | Yes | Present |
| 9751620288 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9751754871 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.636 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8174.2 | N/A | Employed |  | No |  | No |  |
| 9751835472 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9752112467 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9752555749 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 18953.51 | N/A | Employed | Employed | No | No | Yes | Present |
| 9752815747 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4378.86 | N/A | Employed |  | No |  | Yes | Present |
| 9752898065 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.865 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11396.79 | N/A | Employed |  | No |  | No |  |
| 9753120428 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 212345.58 | N/A | Employed |  | No |  | Yes | Present |
| 9753194605 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.576 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8000.24 | N/A | Employed |  | No |  | No |  |
| 9753569376 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.713 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 85853.97 | N/A | Employed | Employed | No | No | No |  |
| 9754025568 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.3 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 30795.66 | N/A | Employed |  | No |  | No |  |
| 9754212091 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9754768282 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9755046126 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.961 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3646.83 | Yes | Employed |  | No |  | No |  |
| 9755177038 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.456 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2946.09 | N/A | Retired |  | No |  | No |  |
| 9755669679 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.616 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9088.11 | N/A | Employed |  | No |  | No |  |
| 9755897882 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.603 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 109946.14 | N/A | Employed | Employed | No | No | No |  |
| 9755996601 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.053 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24862.16 | N/A | Employed | Employed | No | No | No |  |
| 9756033404 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.206 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 36807.37 | N/A | Employed |  | No |  | No |  |
| 9757202800 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9757313755 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9757482980 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.79 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4614.1 | N/A | Employed |  | No |  | No |  |
| 9757677100 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 25368.04 | N/A | Employed |  | No |  | Yes | Present |
| 9757768321 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9758025309 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9759037691 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9759038749 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9759180590 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.863 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4753.47 | N/A | Employed |  | No |  | No |  |
| 9759416846 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | Yes | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 4636.52 | N/A | Employed |  | No |  | Yes | Present |
| 9759814644 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.441 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 26909.05 | N/A | Employed |  | No |  | No |  |
| 9760007477 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.165 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8692.05 | Yes | Employed | Retired | No | No | No |  |
| 9760172883 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.981 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 16677.75 | Yes | Employed |  | No |  | No |  |
| 9760261454 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9760482167 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.371 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14602.16 | Yes | Employed |  | No |  | No |  |
| 9760561614 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.495 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14649.72 | N/A | Employed |  | No |  | No |  |
| 9760765041 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9060.68 | N/A | Not Employed | Not Employed | No | No | Yes | Present |
| 9760983503 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.847 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 44693.26 | N/A | Employed |  | No |  | No |  |
| 9761287235 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9761467225 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.528 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 39915.35 | N/A | Employed |  | No |  | No |  |
| 9761481788 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 10.008 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 21222.04 | N/A | Employed |  | No |  | No |  |
| 9761708883 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.591 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 45640.34 | N/A | Employed | Employed | No | No | No |  |
| 9762508985 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9762557925 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9762572205 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 60049.07 | N/A | Employed |  | No |  | Yes | Present |
| 9762624246 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.247 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29566.18 | N/A | Employed |  | No |  | No |  |
| 9762928258 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.215 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7971.67 | Yes | Employed | Employed | No | No | No |  |
| 9763165066 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.644 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 83905.2 | N/A | Employed |  | No |  | No |  |
| 9763235869 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.142 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 33955.5 | N/A | Employed | Not Employed | No | No | No |  |
| 9763340669 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.031 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 40525.21 | N/A | Employed | Employed | No | No | No |  |
| 9763396869 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.523 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 11337.09 | N/A | Employed |  | No |  | No |  |
| 9763407484 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9763425296 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.718 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14621.43 | N/A | Employed | Not Employed | No | No | No |  |
| 9764329745 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9764528197 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | Yes | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 33097.3 | N/A | Employed |  | No |  | Yes | Present |
| 9764588464 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.74 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 31069.93 | N/A | Employed |  | No |  | No |  |
| 9765776506 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9765788196 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 20067.66 | N/A | Employed | Retired | No | No | Yes | Present |
| 9765823084 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15348.79 | N/A | Employed |  | No |  | Yes | Present |
| 9765960787 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.814 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 221594.9 | N/A | Not Employed | Employed | No | No | No |  |
| 9765964540 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.648 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 52991.44 | N/A | Employed |  | No |  | No |  |
| 9766325899 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 9280.3 | N/A | Employed | Employed | No | No | Yes | Present |
| 9766817614 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9767654743 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9767772743 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9768087331 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.948 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6622.39 | Yes | Employed | Employed | No | No | No |  |
| 9768354152 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9769278517 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 14201.46 | N/A | Retired | Employed | No | No | Yes | Present |
| 9770138114 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9770512912 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.075 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9125.52 | Yes | Retired | Retired | No | No | No |  |
| 9771047645 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9771259489 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.607 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6651.85 | N/A | Employed |  | No |  | No |  |
| 9771599033 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | Yes | No | No | No | No | Not Tested | 0 | 8.896 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 18518.95 | N/A | Employed |  | No |  | No |  |
| 9771626737 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.001 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8998.59 | N/A | Employed |  | No |  | No |  |
| 9774005160 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5126.09 | N/A | Employed |  | No |  | Yes | Present |
| 9774164926 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.198 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 104618.49 | N/A | Employed |  | No |  | No |  |
| 9774477021 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | Yes | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 22833.22 | N/A | Employed | Employed | No | No | Yes | Present |
| 9774665856 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.743 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 14486.41 | N/A | Employed |  | No |  | No |  |
| 9774820154 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9774919907 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.896 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12835.57 | Yes | Employed |  | No |  | No |  |
| 9775107742 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.076 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 46994.76 | N/A | Not Employed | Not Employed | No | No | No |  |
| 9775567697 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9777656415 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9777869695 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9778721283 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9779298836 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.847 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12735.81 | N/A | Employed | Employed | No | No | No |  |
| 9779526889 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.85 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8643.29 | N/A | Retired | Retired | No | No | No |  |
| 9780637352 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.338 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 151919.35 | N/A | Employed | Employed | No | No | No |  |
| 9780955614 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.514 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 57444 | N/A | Employed |  | No |  | No |  |
| 9781043576 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.564 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 19170.41 | N/A | Employed | Not Employed | No | No | No |  |
| 9781138848 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9782025317 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.078 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3918 | Yes | Employed |  | No |  | No |  |
| 9782124151 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9782162276 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.795 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 27610.05 | N/A | Employed |  | No |  | No |  |
| 9782353941 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9782444278 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.615 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 27780.54 | N/A | Not Employed | Employed | No | No | No |  |
| 9782664735 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.007 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 26722.09 | N/A | Not Employed | Not Employed | No | No | No |  |
| 9782697651 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9783057780 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.031 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10431.01 | N/A | Employed |  | No |  | No |  |
| 9783549760 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9783952048 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.838 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6277.03 | Yes | Employed |  | No |  | No |  |
| 9784462351 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.69 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 46732.94 | N/A | Employed |  | No |  | No |  |
| 9784850191 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.186 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 32642.15 | N/A | Employed |  | No |  | No |  |
| 9784956022 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9785063935 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.99 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7134.5 | N/A | Employed | Retired | No | No | No |  |
| 9785177123 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | Yes | No | No | No | No | No | No | No | Not Tested | 0 | 8.5 | Yes | N/A | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3814.75 | N/A | Retired |  | No |  | No |  |
| 9785194938 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9785403123 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.153 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6721.19 | Yes | Employed | Retired | No | No | No |  |
| 9785574980 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.785 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 10811.95 | Yes | Employed | Retired | No | No | No |  |
| 9785715559 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9786006123 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9786518796 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5155.01 | N/A | Employed | Employed | No | No | Yes | Present |
| 9786804683 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11660.43 | N/A | Employed |  | No |  | Yes | Present |
| 9787076794 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9787363390 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9787746230 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 7.529 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 24114.15 | Yes | Employed |  | No |  | No |  |
| 9787789073 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.975 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 1893.21 | N/A | Retired |  | No |  | No |  |
| 9787864835 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.078 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5857.55 | N/A | Employed |  | No |  | No |  |
| 9788135912 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10262.02 | N/A | Employed |  | No |  | Yes | Present |
| 9788498070 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 6.866 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 289776.64 | N/A | Employed | Employed | No | No | No |  |
| 9788563741 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  | Not Tested | No | Not Tested | No | No | No | No | No | No | No | Not Tested | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 79839.26 | N/A | Employed | Employed | No | No | Yes | Present |
| 9789118297 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9789859023 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.721 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 54063.09 | N/A | Employed | Employed | No | No | No |  |
| 9790009204 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9790495536 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9790625777 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9790642194 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.393 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 9792.03 | N/A | Employed | Employed | No | No | No |  |
| 9791098222 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9791260319 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.843 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 35786.95 | N/A | Employed |  | No |  | No |  |
| 9791821847 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9792695372 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.925 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13901.8 | N/A | Employed | Employed | No | No | No |  |
| 9793042103 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.857 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 92578.31 | N/A | Employed |  | No |  | No |  |
| 9793104390 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | Yes | No | No | No | No | Not Tested | 0 | 6.614 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 606499.13 | N/A | Employed |  | No |  | No |  |
| 9793135329 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.747 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3097.73 | N/A | Retired | Retired | No | No | No |  |
| 9793198020 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9793354862 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.216 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 44754 | N/A | Employed |  | No |  | No |  |
| 9793785495 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9794137852 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9794617077 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9795633834 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9796136563 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9797073682 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.357 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3376.93 | N/A | Employed |  | No |  | No |  |
| 9797360832 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.737 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23094.89 | N/A | Employed |  | No |  | No |  |
| 9797618783 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | No | Yes | Present |
| 9797836351 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.941 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 29135.02 | Yes | Employed |  | No |  | No |  |
| 9797986479 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9798311396 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.846 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 12265.73 | N/A | Employed |  | No |  | No |  |
| 9798578747 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.05 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6353.87 | N/A | Not Employed |  | No |  | No |  |
| 9798604535 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | Yes | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9798723186 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | Yes | No | No | No | No | No | No | No | No | Not Tested | 0 | 6.8 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6597.68 | N/A | Employed |  | No |  | No |  |
| 9798946647 |  |  | XX-XX-XXXX | ATR/QM: Exempt | ATR/QM: Exempt | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No |  | Yes | Present |
| 9799139929 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 8.708 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 78839.43 | N/A | Employed |  | No |  | No |  |
| 9799242616 |  |  | XX-XX-XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No |  | Not Tested | No | No | No | No | No | No | No | No | No | Not Tested | 0 | 7.576 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 57868.61 | N/A | Employed |  | No |  | No |  |

---

## Exhibit 99.7

**Exhibit 99.7**

![](ex99-7_001.jpg)

**Selene Diligence LLC ("Selene") Due <br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Rithm Capital Corp. ("Client"). The review was conducted between October 2024 and April 2025, via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 3 ATR-QM Exempt loans and 5 Non-QM loans for a total of 8 loans the "Final Securitization Population").

*<u>Credit Reviews (8):</u>*

During the Review, Selene performed a credit review on 8 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (8)</u>*

During the Review, Selene performed a compliance review, when applicable on 8 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (8):</u>*

During the Review, Selene performed a property valuation review on 8 mortgage loans in the Final Securitization

Population.

*<u>Data Integrity Review (8):</u>*

During the Review, Selene performed a Data Integrity Review on 8 mortgage loans in the Final Securitization

Population.

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 8 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;8 | &nbsp;&nbsp;100% |

---

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

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") and Kroll Bond Rating Agency ("Kroll"), (the "NRSRO(s)").

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

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

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

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Kind Lending Non-Agency Program Guidelines, Deephaven Wholesale Underwriting Guidelines, LoanStream One Guide (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 **15**

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A and B, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Assessed whether the characteristics of the mortgage loans
and the borrowers conformed to the Guidelines cited above;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Re-calculated
LTV, CLTV, income, liabilities and compared these against the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Analyzed asset statements to determine whether funds to
close and reserves were within the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed that
credit scores (FICO) and credit histories were within the Guidelines.

&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.

&nbsp;&nbsp;&nbsp;&nbsp;• **Original Appraisal Assessment** 

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

&nbsp;&nbsp;&nbsp;&nbsp;• **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 **15**

&nbsp;&nbsp;**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape data received
from lender/client is stored in a secured FTP folder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tape data is uploaded
into the application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan Reviewer
collects validated loan data;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discrepancies
found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 8 mortgage loans, (ii) a Compliance Review on 8 mortgage loans (iii) a Valuation Review on 8 mortgage loans, and (iv) a Data Integrity Review on 8 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**REVIEW RESULTS SUMMARY**

After review of the 8 mortgage loans; 8 mortgage loans had a rating grade of A, 0 mortgage loan had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | |  | &nbsp;&nbsp; ****<br> ***Grades per loan (8 overall loans):***<br> **** | &nbsp;&nbsp; ****<br> ***Grades per loan (8 overall loans):***<br> **** | &nbsp;&nbsp; ****<br> ***Grades per loan (8 overall loans):***<br> **** |  |  |
| | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | | | &nbsp;&nbsp;**FINAL RA GRADES - <br> OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - <br> 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;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;12.50% | &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;25.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;62.50% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **15**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp; ****<br> ***Final Grades per loan broken out by compliance, credit and property:*** |  |
| | | &nbsp;&nbsp;**FINAL RA GRADES - <br> COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - <br> COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
| <br>&nbsp;&nbsp;**NRSRO Grade** | <br>&nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES -<br> PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES -<br> PROPERTY** |  |  |  |  |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**KBRA** | &nbsp;&nbsp;**%** |  |  |  |  |
| &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |  |  |  |  |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

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

Page **5** of **15**

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 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 **15**

**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 **15**

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement statement or other evidence of conveyance and transfer of funds if a sale of assets was involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm that the flood cert is for the correct borrower, property, lender and loan number and is a "Life
of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For properties is in a flood zone per the flood cert, confirm that flood insurance in the file meets the
minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm that the mortgagee clause lists the lender's name and "its successors and assigns";
and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm that the premium amount on both the hazard and flood insurance match what was used in the DTI
calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed for any name variations for the borrowers and confirm
that the variations have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed for any social security number variations for the borrowers
and confirm that the variations have been addressed in the loan file;

Page **8** of **15**

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed for any potential occupancy issues based on the borrowers'
address history and confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed for any employment issues and confirm that any issues
have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed for any additional consumers associated with the borrowers'
profiles and confirm the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A review of the completeness and accuracy of the information obtained in the mortgage origination process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A review of closing documents to ensure that the mortgage file information is complete, accurate, and
consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification that all borrowers are eligible based on the guidelines and information in the loan file;
and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify there is appropriate documentation present to confirm that applicable documents have been recorded
or have been sent for recording.

Page **9** of **15**

**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):</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;

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.

Page **10** of **15**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Note: Where available, Selene 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, Selene'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;g) <u>Homeownership counseling (§1026.36):</u> 

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) review for presence of 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.** **Federal Real Estate Settlement Procedures Act ("RESPA"), as implemented by Regulation X, 12 C.F.R. Part 1024, as set forth below:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) <u>Good Faith Estimate (GFE) (§1024.7):</u> 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) <u>Final HUD-1/A Settlement Statement (HUD) (§1024.8):</u> 

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;&nbsp;&nbsp;&nbsp;&nbsp;c) <u>GFE and Final HUD Comparison (§1024.7):</u> 

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.

Page **11** of **15**

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

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;

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

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

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

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

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

**3.** **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 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; |
| v) confirm if the file indicates a fee was imposed, other than for a credit report, prior to borrower receiving LE and indicating an intent to proceed with the transaction; | v) confirm if the file indicates a fee was imposed, other than for a credit report, prior to borrower receiving LE and indicating an intent to proceed with the transaction; |
| vi) | confirm that any written estimate of terms or costs provided prior to receipt of a LE contained the required disclosures; |
| vii) | 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; |
| viii) | confirm the presence and timely provision of a settlement service provider list (when consumer is given the opportunity to shop for services); |
| ix) | confirm borrower received LE not later than four (4) business days prior to consummation; and |
| x) | confirm LE was not provided to the borrower on or after the date of the CD. |

---

Page **12** of **15**

&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;

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 are discussing 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 industry group proposal.)

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

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

**4.** **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)).

Page **13** of **15**

<u>General Ability to Repay</u>

Selene reviewed the applicable mortgage loans 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 reviewed the 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.

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

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

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

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

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.

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

Page **14** of **15**

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene makes no representation or warranty as to the value of any mortgaged property, notwithstanding
that Selene may have reviewed valuation information for reasonableness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Selene is not an 'AMC' (appraisal management company)
and therefore Selene does not opine on

the actual value of the underlying property.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **15** of **15**

## Exhibit 99.7

**Exhibit 99.7 Schedule 1**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** |
| 4240870221 |  |  | XX/XX/XXXX | XXXX |  | XXXX | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 37.27 | 37.27 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 7000108081 |  |  | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 7000110020 |  |  | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | Low Risk | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 2503149507 |  |  | XX/XX/XXXX | XXXX |  | XXXX | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.57 | 74.57 | XXXX | 0.0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0.0 | .0000 | XXXX | LOW RISK | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.3 | 02-25-2025 |
| 2503150331 |  |  | XX/XX/XXXX | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 56.99 | 56.99 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 | 03-21-2025 |
| 2503149787 |  |  | XX/XX/XXXX | XXXX |  | 0 | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70.0 | 70.0 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 | 03-04-2025 |
| 2503149782 |  |  | XX/XX/XXXX | XXXX |  | XXXX | XXXX | XX/XX/XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 73.17 | 73.17 | XXXX | XXXX | .0122 | 1025 Small Residential Income Report |  |  |  |  | XXXX | XXXX | .0122 | XX/XX/XXXX | 1025 Small Residential Income Report |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| 2503149790 |  |  | XX/XX/XXXX | XXXX |  | XXXX | XXXX | XX/XX/XXXX | 1004 URAR | XXXX | XXXX | XXXX | 42.93 | 42.93 | XXXX | 0.0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 | 03-20-2025 |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 2**

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| 4240870221 |  |  | XXXX A |
| 7000108081 |  |  | XXXX C A |
| 7000110020 |  |  | XXXX D A |
| 2503149507 |  |  | XXXX D A |
| 2503150331 |  |  | XXXX C A |
| 2503149787 |  |  | XXXX D A |
| 2503149782 |  |  | XXXX D A |
| 2503149790 |  |  | XXXX D A |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 3**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LoanRecordID** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Seller Name** | **Loan Program** | **Documentation Type** | **Executed NOO Docs in File** | **Lease In Place Flag** | **Actual In Place Rent** | **Third Party Market Rent Estimate** | **Third Party Rent Source** | **Actual Short Term Rent Amount** | **Actual Short Term Rent Source** | **Short Term Rent Number of Months** | **Short Term Rental Occupancy Factor** | **Rental Income Used for Property DSCR Calculation** | **Rental Source for Property DSCR Calculation** | **DSCR Calculation Based On Short Rental Income Flag** | **Property DTI** | **Originator DSCR** | **TPR DSCR** | **PITIA** | **Gross Rental Income Unit 1** | **Lease End Date Unit 1** | **Lease Term Unit 1** | **Gross Rental Income Unit 2** | **Lease End Date Unit 2** | **Lease Term Unit 2** | **Gross Rental Income Unit 3** | **Lease End Date Unit 3** | **Lease Term Unit 3** | **Gross Rental Income Unit 4** | **Lease End Date Unit 4** | **Lease Term Unit 4** | **Gross Rental Income Unit 5** | **Lease End Date Unit 5** | **Lease Term Unit 5** | **Gross Rental Income Unit 6** | **Lease End Date Unit 6** | **Lease Term Unit 6** | **Gross Rental Income Unit 7** | **Lease End Date Unit 7** | **Lease Term Unit 7** | **Gross Rental Income Unit 8+** | **Rent Loss Insurance** | **Rent Loss Insurance Amount** | **Fee Amount** | **Acquisition Cost** | **Renovation Cost** | **Effective Gross Income** | **Turnover Costs** | **Repairs and Maintenance** | **Marketing and Leasing Costs** | **Utilities** | **Other Costs** | **Cap Ex Reserve** | **Section 8** | **Blanket Mortgage/Cross Collateral Flag** | **Number of Years Property Owned** | **Number of Mortgaged Properties With Lender** | **Number of Properties Securing Loan** | **Foreign National Alternative Credit Documentation** | **Months Reserves** | **Loan Closed in the name of Business Entity** | **Vested Business Entity Name** | **Vested Business Entity Type** | **Qualifying Primary Borrower Type** | **Qualifying Primary Borrower First Name** | **Qualifying Primary Borrower Last Name** | **Qualifying CoBorrower Type** | **Qualifying CoBorrower First Name** | **Qualifying CoBorrower Last Name** | **Qualifying CoBorrower 2 Type** | **Qualifying CoBorrower 2 First Name** | **Qualifying CoBorrower 2 Last Name** | **Qualifying CoBorrower 3 Type** | **Qualifying CoBorrower 3 First Name** | **Qualifying CoBorrower 3 Last Name** | **Non-Qualifying Guarantor 1 First Name** | **Non-Qualifying Guarantor 1 Last Name** | **Non-Qualifying Guarantor 1 Citizenship** | **Non-Qualifying Guarantor 1 Country Name** | **Non-Qualifying Guarantor 2 First Name** | **Non-Qualifying Guarantor 2 Last Name** | **Non-Qualifying Guarantor 2 Citizenship** | **Non-Qualifying Guarantor 2 Country Name** | **Personal Guaranty** | **Total Number of Guarantors** | **Personal Guaranty Recourse Level** | **Business Entity EIN** |
| XXXX | 4240870221 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 5000 | 5000 | Appraisal - 1007 |  | N/A |  |  | 5000 | Appraisal - 1007 | No | 51.96 | 1.925 | 1.925 | 2597.79 | 5000 | 03-01-2025 | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 31310 |  | XXXX |  | 5000 |  |  |  |  |  |  | No | No | 0.6 | 1 | 1 | N/A | 8.97 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| XXXX | 7000108081 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 2550 | 3200 | Appraisal - 1025 |  | N/A |  |  | 3200 | Appraisal - 1025 | No | 74.52 | 1.342 | 1.342 | 2384.71 | 1600 | 04-15-2025 | 12 | 950 | 04-01-2025 | 6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 30600 |  |  |  | 3200 |  |  |  |  |  |  | No | No | 13.6 | 1 | 1 | N/A | 107.62 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |
| XXXX | 7000110020 |  |  | XXXX | XXXX | Debt Service Coverage Ratio | Present | Yes | 5625 | 5800 | Appraisal - 1025 |  | N/A |  |  | 5625 | Actual In Place Rent | No | 66.54 | 1.51 | 1.503 | 3742.98 | 1425 | 02-28-2026 | 12 | 1400 | 04-30-2025 | 12 | 1400 | 02-28-2025 | 12 | 1400 | 03-31-2025 | 1400 |  |  |  |  |  |  |  |  |  |  | Yes | 91971 |  |  |  | 5625 |  |  |  |  |  |  | No | No | 18.2 | 1 | 1 | N/A | 59.06 | No |  |  | Vested Individual | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  |  |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | 7000108081 |  |  | Closed | 2025-03-26 01:46 | 2025-04-01 02:24 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-DSCR sheet provided showing DSCR Calculation as 1.342 which is matching with Calculated DSCR. - Due Diligence Vendor-04/01/2025 <br>Resolved-DSCR sheet provided showing DSCR Calculation as 1.342. - Due Diligence Vendor-04/01/2025 <br>Ready for Review-Document Uploaded. DSCR calculations - Seller-03/31/2025 <br>Open-Audited DSCR is 1.342, which is based off the rent $3,200 / PITIA of $2,384.716 ($1,787.32 P&I + $492.14 Taxes + $105.25 Hazard Insurance + $0.00 Flood Insurance). <br> Lender DSCR is 1.21. The difference in the DSCR calculation is 0.132. <br>Provide lender DSCR worksheet as it is not in file and hence unable to validate lender calculations. - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. DSCR calculations - Seller-03/31/2025<br>| Resolved-DSCR sheet provided showing DSCR Calculation as 1.342 which is matching with Calculated DSCR. - Due Diligence Vendor-04/01/2025 <br>Resolved-DSCR sheet provided showing DSCR Calculation as 1.342. - Due Diligence Vendor-04/01/2025<br>| XXXX |  |  | CT | Investment | Refinance | Cash Out - Other | 3695383 | N/A | N/A |
| XXXX | 7000108081 |  |  | Closed | 2025-03-26 00:26 | 2025-03-31 00:23 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/31/2025 <br> Ready for Review-Document Uploaded. Final Title Policy - Seller-03/28/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide title document covering full loan amount as the one on file shows coverage amount less than the loan amount. - Due Diligence Vendor-03/26/2025 | Ready for Review-Document Uploaded. Final Title Policy - Seller-03/28/2025<br>| Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-03/31/2025 | XXXX |  |  | CT | Investment | Refinance | Cash Out - Other | 3695143 | N/A | N/A |
| XXXX | 7000110020 |  |  | Closed | 2025-03-31 06:52 | 2025-04-25 02:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Rent Free Letter uploaded, Verified - Resolved - Due Diligence Vendor-04/25/2025 <br>Ready for Review-Document Uploaded. Rent Free LOX - Seller-04/24/2025 <br>Open-Living Rent Free letter from file.<br> - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. Rent Free LOX - Seller-04/24/2025<br>| Resolved-Rent Free Letter uploaded, Verified - Resolved - Due Diligence Vendor-04/25/2025<br>| XXXX |  |  | GA | Investment | Refinance | Cash Out - Other | 3728841 | N/A | N/A |
| XXXX | 7000110020 |  |  | Closed | 2025-03-31 04:21 | 2025-04-09 07:56 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Corrected page 2 provided to be sent to be re-recorded by Client. Resolved. - Due Diligence Vendor-04/09/2025 <br> Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/09/2025 <br> Resolved-Corrected page 2 provided to be sent to be re-recorded by Client. Resolved. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. Letter of Intent to Re-record and corrected page 2 of DOT with box checked for Prepay Rider - Seller-04/09/2025 <br> Open-The Deed of Trust is Missing Provide updated DOT with Prepayment Rider check mark on it. - Due Diligence Vendor-03/31/2025 | Ready for Review-Document Uploaded. Letter of Intent to Re-record and corrected page 2 of DOT with box checked for Prepay Rider - Seller-04/09/2025<br>| Resolved-Corrected page 2 provided to be sent to be re-recorded by Client. Resolved. - Due Diligence Vendor-04/09/2025 <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-04/09/2025 <br>Resolved-Corrected page 2 provided to be sent to be re-recorded by Client. Resolved. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | GA | Investment | Refinance | Cash Out - Other | 3727895 | N/A | N/A |
| XXXX | 2503149507 |  |  | Closed | 2025-04-02 03:44 | 2025-04-11 12:43 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/11/2025 <br> Ready for Review-Document Uploaded. - Seller-04/10/2025 <br> Counter-Title Coverage Amount of $XXXX is Less than Loan Amount Provide updated Title document, as Coverage amount is less than loan amount. Need actual Title document, either preliminary, Final or supplemental showing Title coverage of $XXXX. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. Final SS and attached lender instructions list the title premium coverage amount at $XXXX. - Seller-04/08/2025 <br> Open-Title Coverage Amount of $XXXX is Less than Loan Amount Provide updated Title document, as Coverage amount is less than loan amount. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025 <br> Ready for Review-Document Uploaded. Final SS and attached lender instructions list the title premium coverage amount at $XXXX. - Seller-04/08/2025 | Resolved-Title Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-04/11/2025 | XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3748938 | N/A | N/A |
| XXXX | 2503149507 |  |  | Closed | 2025-04-07 09:04 | 2025-04-09 07:19 | Resolved | 1 - Information B A | Credit | Title Review | Title Review shows outstanding delinquent taxes | Resolved-Delinquent taxes paid per settlement statement and tax cert - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Tax cert attached along with the final SS showing the taxes were paid thru closing. - Seller-04/08/2025 <br> Ready for Review-Document Uploaded. - Seller-04/08/2025 <br> Open-As per page#855 we have delinquent taxes $$5,854.49, which we are unable to confirm, if the same is paid at the closing or not, please provide proof or documentation for taxes to show delinquent taxes paid. - Due Diligence Vendor-04/07/2025 | Ready for Review-Tax cert attached along with the final SS showing the taxes were paid thru closing. - Seller-04/08/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Delinquent taxes paid per settlement statement and tax cert - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3795305 | N/A | N/A |
| XXXX | 2503149507 |  |  | Closed | 2025-04-02 02:59 | 2025-04-09 07:10 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/07/2025 <br>Open-The Initial 1003 is Missing Provide the initial 1003, as it is missing in file. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/07/2025<br>| Resolved-The Initial 1003 is Present - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3748837 | N/A | N/A |
| XXXX | 2503149507 |  |  | Closed | 2025-04-02 03:29 | 2025-04-09 07:03 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/07/2025 <br>Open-The 1008 document is missing from the loan file. Provide the 1008 document, as it is missing in file. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/07/2025<br>| Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3748899 | N/A | N/A |
| XXXX | 2503149507 |  |  | Closed | 2025-04-02 07:00 | 2025-04-09 06:58 | Resolved | 1 - Information C A | Credit | Credit | Lender Approval Form is Missing | Resolved-Lender approval received. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. - Seller-04/07/2025 <br> Open-Lender approval sheet is missing in file, as of now considered matrix date and loan program from Bid tape. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/07/2025<br>| Resolved-Lender approval received. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3750070 | N/A | N/A |
| XXXX | 2503150331 |  |  | Closed | 2025-04-04 12:57 | 2025-04-15 11:39 | Resolved | 1 - Information C A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Asset Record 1 Meets G/L Requirements - Due Diligence Vendor-04/15/2025 <br> Resolved-Asset Record 1 Meets G/L Requirements. Settlement Statement Sale property XXXX proceeds to Borrower $XXXX. - Due Diligence Vendor-04/14/2025 <br> Ready for Review-Document Uploaded. - Seller-04/10/2025 <br> Open-Asset Record 1 Does Not Meet G/L Requirements XXXX statement wire deposit $XXXX. Requesting documentation source of deposit for funds required to close. - Due Diligence Vendor-04/04/2025 | Ready for Review-Document Uploaded. - Seller-04/10/2025<br>| Resolved-Asset Record 1 Meets G/L Requirements - Due Diligence Vendor-04/15/2025 <br> Resolved-Asset Record 1 Meets G/L Requirements. Settlement Statement Sale property XXXX proceeds to Borrower $XXXX. - Due Diligence Vendor-04/14/2025 | XXXX |  |  | NV | Primary Residence | Purchase | NA | 3787819 | N/A | N/A |
| XXXX | 2503149787 |  |  | Closed | 2025-04-21 07:26 | 2025-04-21 07:41 | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/21/2025 <br> Open-Housing History Does Not Meet Guideline Requirements . - Due Diligence Vendor-04/21/2025 |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/21/2025<br>|  |  |  | NV | Primary Residence | Refinance | Cash Out - Other | 3913078 | N/A | N/A |
| XXXX | 2503149787 |  |  | Closed | 2025-04-10 10:30 | 2025-04-21 07:27 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-VOR for prior residence received. Borrower has a 12 month housing history. - Due Diligence Vendor-04/21/2025 <br> Ready for Review-Document Uploaded. - Seller-04/17/2025 <br> Open-Primary mortgage history actual 10 months verified from VOM on page 589 & Prior address for "XXXX" VOR Missing, required 12 months housing history. - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. - Seller-04/17/2025<br>| Resolved-VOR for prior residence received. Borrower has a 12 month housing history. - Due Diligence Vendor-04/21/2025<br>| XXXX |  |  | NV | Primary Residence | Refinance | Cash Out - Other | 3829299 | N/A | N/A |
| XXXX | 2503149787 |  |  | Closed | 2025-04-07 12:22 | 2025-04-09 07:22 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/09/2025 <br>Ready for Review-Document Uploaded. - Seller-04/08/2025 <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-04/07/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | NV | Primary Residence | Refinance | Cash Out - Other | 3798401 | N/A | N/A |
| XXXX | 2503149787 |  |  | Closed | 2025-04-01 22:08 | 2025-04-09 03:44 | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Citizenship Documentation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/09/2025 <br> Resolved-Borrower 1 Citizenship Documentation Provided or Not Required - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. - Seller-04/08/2025 <br> Open-Borrower 1 Citizenship Documentation Is Missing Provide Citizenship Document. Citizenship Document missing. - Due Diligence Vendor-04/02/2025 | Ready for Review-Document Uploaded. - Seller-04/08/2025<br>| Resolved-Citizenship Documentation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/09/2025 <br>Resolved-Borrower 1 Citizenship Documentation Provided or Not Required - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | NV | Primary Residence | Refinance | Cash Out - Other | 3747999 | N/A | N/A |
| XXXX | 2503149782 |  |  | Closed | 2025-04-03 05:39 | 2025-04-09 09:16 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2025 <br> Ready for Review-Document Uploaded. The 1008 does show $XXXX on page 1 on the top right-hand corner, but it also shows the value of $XXXX on page 2. - Seller-04/07/2025 <br> Open-The 1008 document is missing from the loan file. 1008 shows Appraised Value of $XXXX whereas all other final documents (loan program, final cd, 1003) show $XXXX. provide updated 1008 with correct Appraised Value - Due Diligence Vendor-04/03/2025 | Ready for Review-Document Uploaded. The 1008 does show $XXXX on page 1 on the top right-hand corner, but it also shows the value of $XXXX on page 2. - Seller-04/07/2025 | Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-04/09/2025<br>| XXXX |  |  | CA | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3761316 | N/A | N/A |
| XXXX | 2503149790 |  |  | Closed | 2025-04-10 13:09 | 2025-04-17 12:24 | Resolved | 1 - Information A | Credit | Missing Doc | 1008 Document is Missing | Resolved-Uploaded Quarterly Statement PUD HOA monthly dues $133.34 and LOE inquiry XXXX. - Due Diligence Vendor-04/17/2025 <br> Ready for Review-Document Uploaded. - Seller-04/15/2025 <br> Open-The 1008 document is missing from the loan file. 1008 PUD HOA monthly dues $133.34 however Appraisal Annual $3,200/$266.67 month. Letter of Explanation credit inquiries states XXXX reported 1/2025 payment included in DTI, XXXX not reported and/or statement provided. Requesting supplement or account statement XXXX xx and 1008 reflecting amended DTI. - Due Diligence Vendor-04/10/2025 | Ready for Review-Document Uploaded. - Seller-04/15/2025<br>| Resolved-Uploaded Quarterly Statement PUD HOA monthly dues $133.34 and LOE inquiry XXXX. - Due Diligence Vendor-04/17/2025 | XXXX |  |  | CO | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3831783 | N/A | N/A |
| XXXX | 2503149790 |  |  | Closed | 2025-04-09 07:01 | 2025-04-16 03:24 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender Income Calculation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/16/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/16/2025 <br>Ready for Review-Document Uploaded. - Seller-04/15/2025 <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Lender Worksheet / Income Calculator which is missing from loan file. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/15/2025<br>| Resolved-Lender Income Calculation uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-04/16/2025 <br>Resolved-Validation Resolved' - Due Diligence Vendor-04/16/2025<br>| XXXX |  |  | CO | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3815423 | N/A | N/A |
| XXXX | 2503149790 |  |  | Closed | 2025-04-09 08:07 | 2025-04-14 05:38 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Photo Identification Type Missing | Resolved-Borrower 2 Photo Identification in file. Considered Patriot Act along with Permanent Resident Card.<br> - Due Diligence Vendor-04/14/2025 <br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/14/2025 <br> Ready for Review-Document Uploaded. - Seller-04/11/2025 <br> Open-Borrower 2 Photo Identification Missing. Please provide valid photo identification per guideline requirements. Borrower 2 Photo Identification Missing. Please provide valid photo identification per guideline requirements - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-Borrower 2 Photo Identification in file. Considered Patriot Act along with Permanent Resident Card.<br> - Due Diligence Vendor-04/14/2025 <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | CO | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3816223 | N/A | N/A |
| XXXX | 2503149790 |  |  | Closed | 2025-04-09 08:07 | 2025-04-14 05:36 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Photo Identification Type Missing | Resolved-Borrower 1 Photo Identification in file. Considered Patriot Act along with Permanent Resident Card. - Due Diligence Vendor-04/14/2025 <br> Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/14/2025 <br> Ready for Review-Document Uploaded. - Seller-04/11/2025 <br> Open-Borrower 1 Photo Identification Missing. Please provide valid photo identification per guideline requirements. - Due Diligence Vendor-04/09/2025 | Ready for Review-Document Uploaded. - Seller-04/11/2025<br>| Resolved-Borrower 1 Photo Identification in file. Considered Patriot Act along with Permanent Resident Card. - Due Diligence Vendor-04/14/2025 <br>Resolved-Validation Resolved or Not Applicable - Due Diligence Vendor-04/14/2025<br>| XXXX |  |  | CO | Primary Residence | Refinance | No Cash Out - Borrower Initiated | 3816222 | N/A | N/A |

---

## Exhibit 99.7

**Exhibit 99.7 Schedule 5**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 7000108081 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property has 2 units per 1003, 1008 and appraisal report. |
| 7000108081 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | Doc type updated per income qualification method, DSCR was used for qualification. |
| 7000108081 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | 2384.71 | 1787.32 | Tape ata shows only P&I amount whereas true data shows PITIA. |
| 7000108081 |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.342 | 1.21 | Audited DSCR is 1.342, which is based off the rent $3,200 / PITIA of $2,384.716 ($1,787.32 P&I + $492.14 Taxes + $105.25 Hazard Insurance + $0.00 Flood Insurance).Lender DSCR is 1.21. The difference in the DSCR calculation is 0.132. Finding in place for lender DSCR worksheet. |
| 7000110020 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | 2-4 Family | Property type is 2 to 4 Units verified from appraisal pg #26 and 1-4 rider is on pg. #1 |
| 7000110020 |  |  | XXXX | Prepayment Penalty Type | notePage | Hard | 3 | Prepayment Penalty Type updated Correctly. |
| 7000110020 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | File is DSCR not required for Income documents. |
| 7000110020 |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.503 | 1.54 | Correctly calculated DSCR Ratio is Rent amount$5,800/PITIA$3,742.98=1.549 and Originator DSCR is =1.54. Variance is 0.01. |
| 2503149507 |  |  | XXXX | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy is primary residence as per final 1003, but tape data showing owner occupied. |
| 2503149507 |  |  | XXXX | Application Date | complianceDetailPage | XX/XX/XXXX | XX/XX/XXXX | Initial Application date XX/XX/XXXX per borrower signature date and initial LE. |
| 2503149507 |  |  | XXXX | Interest Rate | notePage | 6.999 | 0.0000 | Interest Rate 6.999% entered as per Note document, but tape data showing zero. |
| 2503149507 |  |  | XXXX | Monthly Property Tax Amount | titlePage | 1024.53 | 0.00 | Monthly Property Tax Amount entered as per tax document, but tape data showing zero. |
| 2503149507 |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | coming soon | Borrower 1 Self-Employment Flag is No, Borrower 1 not having income. |
| 2503149507 |  |  | XXXX | Total Monthly Property Insurance Amount | propertyInsurancePage | 138.25 | 0.00 | Total Monthly Property Insurance Amount entered as per hazard document, but tape data showing zero. |
| 2503149507 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 6.16 | 4.35 | Corrected 1008 in findings with DTI of 7.62. Variance of 1.46 is acceptable. Max DTI of 45%. |
| 2503150331 |  |  | XXXX | Total Monthly Property Insurance Amount | propertyInsurancePage | 220.27 | 155.68 | Total of true data is combined monthly Property Insurance and Flood insurance, whereas tape data is showing only Property insurance. |
| 2503149787 |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | B1 Self Employment Flag yes considered per loan program & documentation. |
| 2503149787 |  |  | XXXX | Occupancy | the1003Page | Primary Residence | OwnerOccupied | Occupancy type "Primary residence" per loan documentation. |
| 2503149787 |  |  | XXXX | Application Date | complianceDetailPage | XX/XX/XXXX | XX/XX/XXXX | Application stamped as received date XX/XX/XXXX considered from Initial 1003 on page 580. |
| 2503149787 |  |  | XXXX | Interest Rate | notePage | 6.75 | 0.0000 | Interest rate 6.75% considered from Note on page 429. |
| 2503149787 |  |  | XXXX | Monthly Property Tax Amount | titlePage | 525.29 | 0.00 | Property tax considered from title document on page 554. |
| 2503149787 |  |  | XXXX | Total Monthly Property Insurance Amount | propertyInsurancePage | 207.68 | 0.00 | Property Insurance considered from HOI Policy on page 385. |
| 2503149782 |  |  | XXXX | Application Date | complianceDetailPage | XX/XX/XXXX | XX/XX/XXXX | Application Date updated as per initial 1003 |
| 2503149782 |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | Yes | coming soon | Borrower 1 is Self-Employed, selection made as per document |
| 2503149782 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | 2-4 Units | Property Type selection made as per available dropdown |
| 2503149782 |  |  | XXXX | Monthly Property Tax Amount | titlePage | 2733.43 | 0.00 | Monthly Property Tax Amount updated per tax sheet |
| 2503149782 |  |  | XXXX | Total Monthly Property Insurance Amount | propertyInsurancePage | 801.99 | 0.00 | Total Monthly Property Insurance Amount updated per hazard and flood documents |
| 2503149782 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 13.29 | 13.23 | DTI matches as per loan program and 1008 however tape shows different value. |
| 2503149790 |  |  | XXXX | Application Date | complianceDetailPage | XX/XX/XXXX | XX/XX/XXXX | Initial 1003 stamped as received date XX/XX/XXXX is Date creditor Received Application. |
| 2503149790 |  |  | XXXX | Interest Rate | notePage | 6.5 | 0.0000 | Interest Rate is 6.5% per Note document. |
| 2503149790 |  |  | XXXX | Monthly Property Tax Amount | titlePage | 681.5 | 0.00 | Property Tax Amount per property cert page #398 is $8,178.04 annually. So Monthly Property Tax Amount will be $8,178.04/12 = $681.50 |
| 2503149790 |  |  | XXXX | Total Monthly Property Insurance Amount | propertyInsurancePage | 176.67 | 0.00 | Property Insurance Amount per property Insurance document page #307 is $2,120 So Total Monthly Property Insurance Amount will be $2,120/12 = $176.67 |
| 2503149790 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 17.61 | 17.83 | Originator DTI is 16.73% and Calculated HTI is 17.83%. The DTI variance due to variance in HOA fee. Per 1008, HOA fee is $133.34 but per Appraisal document pg#18 HOA fee is $266.67 |

---

## Exhibit 99.8

**Exhibit 99.8**

Executive Summary

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **D** **ESCRIPTION OF THE D UE D ILIGENCE S ERVICES** 

&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Type of Assets Reviewed** 

Inglet Blair, LLC ("IB") performed certain due diligence review services (the "Review"), as defined herein. The loan reviewed was originated in September 2024 and was collateralized by residential real estate purchased by the mortgagors for the purpose of generating rental income (the "Loans"). The Loan was acquired by Rithm Capital (the "Client") from lenders and/or aggregators (the "Seller"), via bulk acquisition or reliance letter. The information provided below represents the approach and methodology used at the time of original acquisition by the Seller. Each of the loans was acquired by the Seller from various lenders a lender through a delegated correspondent channel.

&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Sample Size of Assets Reviewed** 

This report reflects 1 loan selected by the Client to include in NRMLT 2025-NQM7 (the "Securitization"). Client did not disclose to IB if additional loans are included in the Securitization. While the Client may have included additional loans in the Securitization, such loans were not subject to the Review referenced herein. IB reviewed 100% of the Loans provided by the Client and can only assume the sample size was 100%.

&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Sample Size Determination** 

The Client, in its sole discretion, determined the loans to be reviewed by IB. As noted in Section 2 above, Client provided IB with 1 loan, which was reviewed by IB. Therefore, IB used no sampling methodology in its Review.

&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Information and Data Integrity** 

IB was provided certain data elements (the "Tape Data"), which were supplied by the Seller. The Seller aggregated the Tape Data from the various lenders. Each lender did not supply Seller with uniform Tape Data; thus, individual Loan Tape Data may not have included all data elements as detailed below in this Section 4. IB subsequently mapped and compared the Tape Data to information contained in each Loan file. When the data was provided, IB compared the following fields:

---

| | |
|:---|:---|
| **Field Name** | **Field Name** |
| Amortization Type | Total Debt to Income Ratio |
| Amortized Original Term | First Payment Date |
| Appraised Value | Interest Only Flag |
| ARM Initial Adjustment Period | Lien Position |
| ARM Initial Rate Cap | Loan Purpose |
| ARM Lookback Period | Loan Term |
| ARM Margin | Loan Type |
| ARM Maximum Interest Rate | LTV |
| ARM Minimum Interest Rate | Note Date |
| ARM Payment Change Frequency | Occupancy |
| ARM Periodic Rate Cap | Original Interest Rate |
| ARM Periodic Rate Cap at first Adjustment Down | Original Principal and Interest |

---

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 1

---

| | |
|:---|:---|
| ARM Periodic Rate Cap at first Adjustment Up | Original Principal Balance |
| ARM Rate Cap at first Adjustment Down | Property Type |
| ARM Rate Cap at first Adjustment Up | Representative Credit Score |
| ARM Rate Change Frequency | Residual Income |
| ATR/QM Designation | Sales Price |
| Borrower First Name | Subject Address |
| Borrower Last Name | Subject City |
| CLTV | Subject State |
| Doc Type | Subject Zip Code |

---

**5.** **Underwriting, Origination Practices and Conformity to Guidelines and/or Criteria** 

Each Loan was reviewed to the applicable guideline, matrix and/or finding report, produced by an Automated Underwriting System ("AUS"), as provided to IB. Depending on the applicable guideline requirements, IB verified, recalculated and compared certain metrics and attributes:

- Debt to Income ("DTI")

- Debt Service Coverage Ratio ("DSCR")

- Loan to Value ("LTV") / Combined Loan to Value ("CLTV")

- Lien Position

- Gross Income

- Qualifying Principal, Interest, Taxes and Insurance ("PITI") payment

- Assets and Reserves

- Monthly debt service

- Residual Income

- Occupancy

- Property Type

To the extent prescribed by the applicable guidelines, every Loan received an evaluation of the applicable borrower's employment, income, assets and credit history as follows:

Employment and Income:

- Meets the guidelines and, as applicable, regulatory documentation requirements

- Creditor income calculations are reasonable and as prescribed by the applicable guidelines

- Ensure borrower(s) is/are currently employed

Assets

- Confirm asset source and documentation requirements

- Re-calculate gross, net and liquid asset balances

- Incorporate gift funds and sourcing documentation

- Confirm and calculate reserve calculations

Credit Report

- Determine representative Credit Score and Methodology

- Number of tradelines

Maximum amount of open tradelines

- Mortgage/Rental payment history

- Installment and Revolving payment history

- Bankruptcy and Foreclosure seasoning

- OFAC Alert(s)

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 2

Credit Application (FNMA Form 1003)

- Substantially complete

- Employer and employment status

- Confirmation of loan purpose and occupancy

- Disposition and status of Real Estate Owned (REO)

- First time home buyer status

- Citizenship and eligibility

Title Review - For each Loan the title commitment or, if present, final title policy was reviewed to confirm:

- Vestee(s)

- Title interest – Fee Simple or Leasehold

- Tax liens, encumbrances, encroachments and/or other title defects were satisfied or addressed

Fraud Report – IB reviewed each Loan file for the presence of a fraud report with all material findings addressed surrounding borrower name variances, social security number discrepancies, subject-property occupancy or employment history.

Hazard and Flood Insurance – Each Loan was reviewed to ensure that (i) each hazard policy limit met the applicable guideline requirement (ii) the property address was correct (iii) the premium was accurately reflected in the DTI calculation and (iv) escrowed where required.

Similarly, where the flood certificate indicates the property improvements were located in a flood zone, IB confirmed the coverage met the guideline requirements and, where applicable, the premium escrowed.

Closing/Legal Documents – All Loans received a review of the closing documentation. This includes the note, mortgage (and applicable riders), assignments, mortgage insurance certificates, underwriter approvals, and HUD-1 or Closing Disclosure, as applicable, are executed by all applicable parties and generally convey the terms of the Loan.

The information and findings provided herein were based on the information provided in the loan file images presented at the time of review.

&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Collateral Review and Methodology** 

To establish reasonable support for the original appraised value, each qualifying appraisal was accompanied by one of the following: (i) an existing desk review report provided by the originator (or issuer), (ii) a second full appraisal (typically required by the guidelines) (iii) a FNMA Collateral Underwriter ("CU") analysis with a score of 2.5 or less. In the event a loan did not contain any of the supplemental documentation, IB ordered an AVM, desk review or field review to fulfill the requirement. If any of the supplemental material(s) had an estimate of value that was lower than the original appraised value by 10% (or more), a field review (or suitable alternative) was obtained.

Each Loan was analyzed to confirm it was sufficiently collateralized by real property, and each appraisal was audited to address the following FIRREA/USPAP rules and standards:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Was the appraisal prepared for a financial services institution?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Does the appraisal state the definition of Market Value?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Does the appraisal indicate the appraiser's license or certification, number and expiration date?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Does the appraisal disclose any extraordinary assumptions, hypothetical conditions? Does the appraisal
include a statement of assumptions and limiting conditions?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If yes, do the items appear to be reasonable?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Is a minimum 3-year subject sale history included?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Does the report state the effective date of the appraisal?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Does the appraisal summarize the process used to collect, confirm, and report data?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Does the appraisal state the subject's highest and best use?

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 3

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Does
 the appraisal clearly identify the real estate being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Does the appraisal state the real property interest being appraised?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Does the report contain sufficient information?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Was the appraisal reported on a FNMA appraisal form?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 yes, was the form materially complete?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Which of the industry recognized methods of valuation were included that may have been utilized to support the institution's decision to engage in the transaction?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Direct Sales Comparison Approach, Cost Approach, or Income Approach?

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If any of these approaches have been omitted or excluded, is there sufficient explanation provided as to
why?

**7.** **Regulatory Compliance Review to Federal, State and Local Lending Laws** 

All Loans deemed to be consumer purpose loans were submitted to an automated regulatory compliance review. The system tested each applicable Loan for adherence to certain federal, state and local consumer protection laws related to mortgage lending.

All applicable tests and disclosure reviews were graded in accordance with the SFA RMBS 4.0 TRID Compliance Review Scope standard as described below.

- Federal Truth in Lending Act– Regulation Z

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Consumer Handbook on Adjustable Rate Mortgages (1026.19(b)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Your Home Loan Toolkit (1026.19(g)(1))

● Confirm acknowledgement of receipt by the borrower or documentary evidence disclosure was delivered to the borrower(s)

● Provided within 3 business days of application

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Federal High-cost (1026.32)

● Identify points and fees and/or APR threshold test failures

● Prepayment Penalty restrictions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Higher-priced Mortgage Loans (1026.35)

● APR Threshold with the corresponding appraisal and escrow requirements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Right
of Rescission (1026.23)

● Review accuracy, timing and content of disclosure(s)

● Confirm all requisite consumers received notice and correct form

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Qualified Mortgage Rule (1026.43(e))

● Perform points and fees test to confirm 3% threshold

● Adherence to Appendix Q and DTI below 43% or Temp QM

&nbsp;&nbsp;&nbsp;&nbsp;● Application Dates of 1/10/2014 to 2/28/2021

● Adherence to Appendix Q and DTI below 43% and/or Temp QM and/or APR/APOR threshold testing

&nbsp;&nbsp;&nbsp;&nbsp;● Application Dates of 3/1/2021 to 6/30/2021

● Adherence to Appendix Q and DTI below 43% and/or APR/APOR threshold testing

&nbsp;&nbsp;&nbsp;&nbsp;● Application Dates of 7/1/2021 to 9/30/2022

● APR/APOR threshold testing

&nbsp;&nbsp;&nbsp;&nbsp;● Application Dates on or after 10/1/2022\*

&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;o Subject to any guidance updates from regulators

● Loan does not contain "risky feature" (IO, Negative Amortization, etc.)

● Contain a valid and approved AUS, as applicable

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 4

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

● Ability-to-Repay ("ATR") (1026.43(c)(2) – IB reviewed each Loan for the applicable mortgagor's ability to repay; however, there is no representation or warranty, implied or otherwise, that a court (or other administrative/legislative authority) will agree with the determination. IB objectively confirmed the following eight (8)-factors had been considered and, where applicable, documented:

● (i) The consumer's current or reasonably expected income or assets, other than the value of the dwelling, including any real property attached to the dwelling, that secures the loan;

● (ii) If the creditor relies on income from the consumer's employment in determining repayment ability, the consumer's current employment status;

&nbsp;&nbsp;&nbsp;&nbsp;● (iii) The consumer's monthly payment on the covered transaction, calculated in accordance with paragraph (c)(5) of this section;

● (iv) The consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made, calculated in accordance with paragraph (c)(6) of this section;

● (v) The consumer's monthly payment for mortgage-related obligations;

● (vi) The consumer's current debt obligations, alimony, and child support;

● (vii) The consumer's monthly debt-to-income ratio or residual income in accordance with paragraph (c)(7) of this section; and

● (viii) The consumer's credit history.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o TRID (1026.36, 37)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Loan
Estimate ("LE")

● Initial LE was provided within three (3) business days of application as provided by the broker or creditor and loan does not consummate within seven (7) business days of receipt

● Provided within three (3) business days of a valid Change of Circumstance

● Complete in all material respects

● Contains NMLS ID

● Confirm the "In 5 Years" calculation is not over disclosed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Final Closing Disclosure ("CD")

● Confirm creditor provided CD no later than three (3) business days of consummation and confirm all relevant fields are complete

● Ensure technical requirements are met – Rounding, Alphabetization, Number of Fees per category and title fees properly labeled

● Recalculation of the Finance Charge, Amount Financed, Total of Payments ("TOP"), and Total Interest Payments ("TIP")

● Projected Payments - Re-calculation of Principal and Interest payment(s), verified escrow and insurance payments, interest only periods and final balloon payments are present and displayed in the correct number of columns

● Adjustable Interest Rate and Adjustable Payment Tables are present, complete and accurate, if applicable

● No fee charged for preparation of LE or CD

● Fee descriptions conform with clear and conspicuous standard

● Loan terms match that of the subject loan – balance, rate, term, prepayment penalty

● Loan Disclosures section is complete – Late Payment matches the note and the escrow section is consistent within the disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Fee
and Tolerance Testing - Zero and ten percent (10.0%) tolerance testing, including the presence, timing and a validation of a change of
circumstance and corresponding fee changes

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Evidence Service Provider List and Your Home Loan Toolkit, if applicable,
were provided or 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;o LE
and CD form(s) provided to the borrower are consistent across the loan process

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o NMLS
ID is present on the loan application, note, security instrument, LE and CD, as applicable

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 5

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Items
not tested, include but are not limited to:

● Categorization of fees in the appropriate section

● Accuracy of information for fields not expressly stated above

● Presence and accuracy of the Seller's Transaction columns on the Seller's columns

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o State
High-cost and Predatory lending regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o RESPA
disclosures

● Confirm GFE and HUD-1

● Special Information Booklet

● Notice of Servicing Transfer

● Affiliated Business Arrangement Disclosure

● Homeownership Counseling Disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Equal Credit Opportunity Act

● Presence, acknowledgement and timing of the Right to Receive Copy of Appraisal Disclosure

Structured Finance Association ("SFA") organized and led an initiative to establish a framework for Third-Party Reviewer's ("TPR") to evaluate and grade loans subject to the Know Before You Owe Act, also commonly referred to as TILA- RESPA Integrated Disclosure ("TRID"). While all grades and conclusions are established in good faith, the grading scheme materiality and impact for certain exceptions may change from time to time, and thus, all reports contain Interpretation Risk. Under no circumstance should the Client, any potential investors or other individual party solely rely on the interpretations made by IB, SFA, or its outside counsel.

Please be advised that IB is not a law firm, does not employ personnel who are licensed to practice law and the exceptions, observations and conclusions provided by IB are not legal opinions. IB relies upon the advice of outside counsel, informal advice of regulators and industry practice to determine materiality.

---

| | | |
|:---|:---|:---|
| **TRID Tested** | **No. of Loans** | **% of Population** |
| Yes | 1 | 100.00% |
| **Total** | **1** | **100%** |

---

**8.** **Any Other Type of Review** 

There was no other review performed.

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 6

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

&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Summary** **OF F INDING AND C ONCLUSIONS OF R EVIEW** 

The following tables represent the final NRSRO overall and component grades. The Overall grade is comprised of the lowest of the component grades.

---

| | | |
|:---|:---|:---|
| **NRSRO Final Grade** | **No. of Loans** | **% of Population** |
| A | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **NRSRO Final Credit Grade** | **No. of Loans** | **% of Population** |
| A | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **NRSRO Final Compliance Grade** | **No. of Loans** | **% of Population** |
| A | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **NRSRO Final Property Grade** | **No. of Loans** | **% of Population** |
| A | 1 | 100.00% |
| **Total** | **1** | **100%** |

---

The following tables represent certain key attributes of the Loans and their frequency amongst the loan population.

---

| | | |
|:---|:---|:---|
| **Amortization Type** | **No. of Loans** | **% of Population** |
| Fixed Rate | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **Lien Position** | **No. of Loans** | **% of Population** |
| 1st | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **Purpose** | **No. of Loans** | **% of Population** |
| Other-than-first-time Home Purchase | 1 | 100.00% |
| **Total** | **1** | **100%** |

---

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 7

---

| | | |
|:---|:---|:---|
| **Property Type** | **No. of Loans** | **% of Population** |
| Single Family Detached (non-PUD) | 1 | 100.00% |
| **Total** | **1** | **100%** |
| **LTV** | **No. of Loans** | **% of Population** |
| **00.01- 10.00** | **0** | 0.00% |
| **10.01- 20.00** | **0** | 0.00% |
| **20.01- 30.00** | **0** | 0.00% |
| **30.01- 40.00** | **0** | 0.00% |
| **40.01- 50.00** | **0** | 0.00% |
| **50.01- 60.00** | **0** | 0.00% |
| **60.01- 70.00** | **0** | 0.00% |
| **70.01- 80.00** | **1** | 100.00% |
| **80.01- 90.00** | **0** | 0.00% |
| **90.01- 100.00** | **0** | 0.00% |
| **Total** | **1** | **100%** |
| **CLTV** | **No. of Loans** | **% of Population** |
| **00.01- 10.00** | **0** | 0.00% |
| **10.01- 20.00** | **0** | 0.00% |
| **20.01- 30.00** | **0** | 0.00% |
| **30.01- 40.00** | **0** | 0.00% |
| **40.01- 50.00** | **0** | 0.00% |
| **50.01- 60.00** | **0** | 0.00% |
| **60.01- 70.00** | **0** | 0.00% |
| **70.01- 80.00** | **1** | 100.00% |
| **80.01- 90.00** | **0** | 0.00% |
| **90.01- 100.00** | **0** | 0.00% |
| **Total** | **1** | **100%** |

---

Inglet Blair, LLC Deal Summary

NRMLT 2025-NQM7

pg. 8

## Exhibit 99.8

**Exhibit 99.8 Schedule 1**

---

| | |
|:---|:---|
| **Origination Values** | **Post-Closing Values** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **Appraisal Value(s)** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| **Seller Loan ID** | **Purchaser Loan ID** | **Origination Date** | **Original Loan Amount** | **Value used for LTV calculation** | **Sales Price** | **Appraisal Waiver Form** | **Property Inspection Waiver** | **Appraised Value** | **Appraisal Date** | **Second Appraisal Value** | **Second Appraisal Type** | **Second Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Appraisal Date** | **Confidence Score of AVM** | **AVM Product Name** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Value** | **Variance Amount** | **Variance(%)** | **Company** | **Appraisal Date** | **Valuation Comments** | **Collateral Underwriter Risk Score** | **Loan Collateral Advisor Risk Score** |
| 12024090002 | XXXX | XX/XX/XXXX | XXXX | XXXX | XXXX | No | No | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 2**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Loan Status** | **Final Overall Event Level** | **Final Credit Event Level** | **Final Compliance Event Level** | **Final Property Event Level** | **Credit Exceptions** | **Compliance Exceptions** | **Property Exceptions** | **Compensating Factors** | **Immaterial/Waived** | **Lender Commentary** | **Cleared Exceptions** | **Exceptions** |
| 500056328 | XXXX | Securitized | 1 | 1 | 1 | 1 |  |  |  | Verified reserves - 6 months reserves or $13,136.64 required, 19.58 months reserves or $42,864.45 documented.; Verified credit history - FICO 759, minimum required 660.; Verified housing payment history - 12 months housing history required, mortgage on departure reviewed for 50 months with no reported default.; |  |  | TITL 0014 Title Policy - Schedule B Exception - Missing final title to reflect the Notice of Commencement with XXXX lien (#8, p366) and survey exception (#2, p367) do not appear as an exception to the loan policy. Note, a survey was paid for at closing (p340) but it is not in the file. - 11/21/24 Clear final title policy received.<br>COMP 0010 Missing Affiliated Business Disclosure - Affiliated Business Disclosure not in file, per XXXX the lender does not share with affiliates, indicating there are affiliates (p246) - 11/21/22 Lender provided name of affiliate. Final CD verifies that the affiliate was not utilized on the subject transaction.<br>PROP 0003 Missing Required Property Inspection - Subject loan closed XX/XX/XXXX and appraisal effective date XX/XX/XXXX. Subject property is in the individual assistance XXXX declaration area for XXXX XXXX on XX/XX/XXXX. Missing PDR confirming the property has not been affected. - 11/21/24 PCI dated 11/20/24 received reflecting no damage.<br>|  |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 3**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Exception ID** | **Exception ID Date** | **Condition Category** | **Condition Standardized Description** | **Condition ID** | **Exception Level** | **Status** | **Condition Custom Description** | **Cleared Date** | **Compensating Factors** | **Lender Response** | **Comments** | **Loan Status** |
| 500056328 | XXXX | 1085918 | 10/24/2024 | Credit | Title Policy - Schedule B Exception | TITL 0014 | 1 | Closed | Missing final title to reflect the Notice of Commencement with mechanics lien (#8, p366) and survey exception (#2, p367) do not appear as an exception to the loan policy. Note, a survey was paid for at closing (p340) but it is not in the file. | 11/22/2024 | Verified reserves - 6 months reserves or $13,136.64 required, 19.58 months reserves or $42,864.45 documented.; Verified credit history - FICO 759, minimum required 660.; Verified housing payment history - 12 months housing history required, mortgage on departure reviewed for 50 months with no reported default.; |  | 11/21/24 Clear final title policy received. | Securitized C A |
| 500056328 | XXXX | 1085921 | 10/24/2024 | Compliance | Missing Affiliated Business Disclosure | COMP 0010 | 1 | Closed | Affiliated Business Disclosure not in file, per XXXX the lender does not share with affiliates, indicating there are affiliates (p246) | 11/22/2024 | Verified reserves - 6 months reserves or $13,136.64 required, 19.58 months reserves or $42,864.45 documented.; Verified credit history - FICO 759, minimum required 660.; Verified housing payment history - 12 months housing history required, mortgage on departure reviewed for 50 months with no reported default.; |  | 11/21/22 Lender provided name of affiliate. Final CD verifies that the affiliate was not utilized on the subject transaction. | Securitized C A |
| 500056328 | XXXX | 1085926 | 10/24/2024 | Property | Missing Required Property Inspection | PROP 0003 | 1 | Closed | Subject loan closed XX/XX/XXXX and appraisal effective date XX/XX/XXXX. Subject property is in the individual assistance XXXX declaration area for XXXX XXXX on XX/XX/XXXX. Missing PDR confirming the property has not been affected. | 11/22/2024 | Verified reserves - 6 months reserves or $13,136.64 required, 19.58 months reserves or $42,864.45 documented.; Verified credit history - FICO 759, minimum required 660.; Verified housing payment history - 12 months housing history required, mortgage on departure reviewed for 50 months with no reported default.; |  | 11/21/24 PCI dated 11/20/24 received reflecting no damage. | Securitized C A |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 4**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Final Overall Event Level** | **S&P QM/ATR Designation** | **Fitch QM/ATR Designation** | **Moody's QM/ATR Designation** | **Kroll QM/ATR Designation** | **DBRS QM/ATR Designation** | **Amortization Type** | **Initial Application Date** | **Originator DTI (ASF)** | **DTI** | **Points/Fees Total** | **Points/Fees Total without reductions resulting from 'bona fide discount points'** | **Rate Lock Date** | **Residual Income** | **GSE Eligible** | **Case ID / LP AUS Key** | **APR** | **Borrower Employment Status** | **Co-Borrower Employment Status** | **Borrower 3 Employment Status** | **Borrower 4 Employment Status** | **Borrower Residency Status** | **Co-Borrower Residency Status** | **Borrower 3 Residency Status** | **Borrower 4 Residency Status** | **Qualifying Interest Rate** | **APOR (if applicable)** |
| 500056328 | XXXX | 1 A | Non-QM / Compliant | Non-QM / Compliant | Non-QM / Compliant | Non-QM / Compliant | Non-QM / Compliant | Fixed Rate | XX/XX/XXXX | 24.9320 | 24.92% | 8819.31 | 8819.31 | XXXX | 14612.47 | No |  | 7.196% | Self-Employed |  |  |  | US Citizen |  |  |  | 6.8750% | 0.0635 |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 5**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number (Selling Lender)** | **Loan Number (Purchasing Lender)** | **Data Field** | **Tape Data** | **IB Review Value** | **Discrepancy Comments** |
| 12024090002 | XXXX | Loan Type | Conventional | Non-QM | Per the approval and guidelines, the loan is Non-QM. |
| 12024090002 | XXXX | Total Debt to Income Ratio | 24.91% | 24.92% | Non material variance |
| 12024090002 | XXXX | U/W Doc Type | Full | 12-mo Bank Statement-Business | Per the Approval p1 the doc type is 12 month business bank statements. |
| 12024090002 | XXXX | Appraised Value | XXXX | XXXX | Per the appraisal, the value is $XXXX |

---

## Exhibit 99.8

**Exhibit 99.8 Schedule 6**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID (Purchasing Lender)** | **Loan Number (Selling Lender)** | **Final Overall Event Level** | **Lien Position** | **Loan Purpose** | **QM Designation Type** |
| 500056328 | XXXX | 1 C A FL | 1 | Purchase | Non-QM / Compliant |

---

## Exhibit 99.9

**Exhibit 99.9**

![](ex99-9_002.jpg)

---

| |
|:---|
| NRMLT 2025-NQM7 |
| ![](ex99-9_001.jpg) |

---

**November 17, 2025<br> Due Diligence Narrative Report**

![](ex99-9_003.jpg)

**Table of Contents**

---

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

---

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NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 1 November 17, 2025

 ****

 ****

**Clayton Contact Information**

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![](ex99-9_004.jpg) | **Michael Santarsiere** | Client Service Director |
|  |  | Phone: (813) 371-0280/E-mail: <u>msantarsiere@clayton.com</u> |
| ![](ex99-9_004.jpg) | **Joe Ozment** | Vice President – Client Services & Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview**

On behalf of HomeXpress Mortgage Corp., Clayton Services LLC ("Clayton") conducted an independent third-party pre-securitization due diligence review of 24 residential loans.

Rithm Capital Corp. subsequently purchased these loans via reliance letter and selected them for the NRMLT 2025-NQM7 transaction.

The loans referenced in this narrative report were reviewed on a flow loan basis from November 2024 to June 2025. This narrative report provides information about the scope of work performed by Clayton, and the results of Clayton's review.

**Originators**

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Broker | &nbsp;&nbsp;23 | &nbsp;&nbsp;95.83% |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;4.17% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**24** | &nbsp;&nbsp;**100.00%** |

---

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 2 November 17, 2025

![](ex99-9_003.jpg)

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

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

---

| | |
|:---|:---|
| &nbsp;&nbsp; Review scope | &nbsp;&nbsp; # of Files Reviewed |
| &nbsp;&nbsp;Credit Review | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;Property Valuation Review | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;Regulatory Compliance Review | &nbsp;&nbsp;15 |
| &nbsp;&nbsp;Data Integrity Check | &nbsp;&nbsp;24 |

---

Loan Grading

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

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

![](ex99-9_005.jpg)

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 3 November 17, 2025

![](ex99-9_003.jpg)

TPR Component Review Scope

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

Credit Review

Clayton's Credit scope of review conducted on 24 loans on this transaction included the following elements (for more detail, please refer to <u>Appendix A</u>):

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Re-calculated LTV, CLTV, income, liabilities, and debt-to-income ratios (DTI) and compared these against
the stated seller origination guidelines;

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

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

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

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

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

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

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

Property Valuation Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original Appraisal Assessment (24 loans)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Value Supported Analysis (24 loans)

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 were held to a -10% tolerance utilizing the following waterfall;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· CU Score

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Desk Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Field Review

For further detail please refer to the NRMLT 2025-NQM7 Valuations Summary Report

Additional valuation product was not required when CU score provided was below 2.5. In the event the CU score was equal to or greater than 2.5, additional valuation product was obtained to confirm value was supported. In some cases additional products were ordered on loans with an acceptable CU score based on guidance from the seller.

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 4 November 17, 2025

![](ex99-9_003.jpg)

Regulatory Compliance Review

Clayton's regulatory compliance scope of review conducted on 15 loans on this transaction included the elements summarized below. (For more detail, please refer to <u>Appendix C</u>.)

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Tested for state-specific consumer protection laws including late charge and prepayment penalty provisions;

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

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

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

- TIL APR and Finance charge tolerances;

- Timeliness of ARM Disclosures (if applicable);

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

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

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

- Prepayment Penalty restrictions; and

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

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

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

- GFE initial disclosure timing and content;

- Confirmed the file contains the final HUD1 Settlement Statement;

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

- Homeownership Counseling Notice;

- Affiliated Business Disclosure if applicable.

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

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

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 5 November 17, 2025

![](ex99-9_003.jpg)

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

<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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Cook County High Cost Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Lender and Broker Act after 6/1/2008

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sufficiency of coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Escrow of insurance payments

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 6 November 17, 2025

![](ex99-9_003.jpg)

Data Integrity

Clayton utilized its proprietary eCLAS tool to determine tape-to-file accuracy of 24 reviewed loans, by completing the following steps:

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

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

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

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

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

Data Capture

Clayton collected data fields required to create American Securitization Forum ("ASF") data tape. The file format was 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 Rithm Capital Corp. with a copy of the Loan Level Tape Compare Upload which showed the differences between the data received from the sellers versus the data captured by Clayton during the loan review in relation to the 24 loans reviewed.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**# of Loans** | &nbsp;&nbsp;**% Accuracy** |
| &nbsp;&nbsp;Cash Reserves | &nbsp;&nbsp;7 | &nbsp;&nbsp;70.83% |
| &nbsp;&nbsp;Disbursement Date | &nbsp;&nbsp;5 | &nbsp;&nbsp;79.17% |
| &nbsp;&nbsp;DTI Qualifying (Back) | &nbsp;&nbsp;2 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Months Reserves | &nbsp;&nbsp;7 | &nbsp;&nbsp;70.83% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;1 | &nbsp;&nbsp;95.83% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;95.83% |
| &nbsp;&nbsp;Total Cash Out | &nbsp;&nbsp;3 | &nbsp;&nbsp;87.50% |

---

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 7 November 17, 2025

![](ex99-9_003.jpg)

**Clayton Due Diligence Results**

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 8 |  |  | 9 | **17** |
| **Final** | **B** |  | 2 | 1 | 4 | **7** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **8** | **2** | **1** | **13** | **24** |

---

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

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 13 |  |  | 7 | **20** |
| **Final** | **B** |  | 3 |  | 1 | **4** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **13** | **3** | **0** | **8** | **24** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 18 |  |  | 6 | **24** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **18** | **0** | 0 | **6** | **24** |

---

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 11 |  |  | 1 | **12** |
| **Final** | **B** |  | 1 | 2 |  | **3** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **11** | **1** | **2** | **1** | **15** |

---

\*Compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review (9 loans in pool)

**Clayton Third Party Reports Delivered**

Clayton furnished the following reports on this transaction:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. ASF Upload Report

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

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

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

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

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

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

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

**Appendix A: Credit Review Scope**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o LTV/TLTV/HLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Credit score

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Income and employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Assets and reserves

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Borrower eligibility, including:

- Citizenship status

- Non- occupant co-borrower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Transaction eligibility, including:

Maximum loan amount

- Loan purpose

- Occupancy

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

&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;▪ Paystubs

&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;▪ 1099

&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;▪ Bank statements

&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;▪ Award letters

&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

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

&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;▪ Stock or security account statements

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

&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;▪ 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;▪ Other documentation in loan file

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

&nbsp;&nbsp;&nbsp;&nbsp;o Credit Report review included:

- Complete copy of report was in loan file

- Report was dated within required timeframe

- All borrowers were included in the report

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- Checked any fraud alerts against related loan file documentation

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

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

- Captured and utilized appropriate credit score for guideline review

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

&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

&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

&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;▪ Correct lender

&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;▪ 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

&nbsp;&nbsp;&nbsp;&nbsp;o Mortgage Insurance review included:

- Determined if mortgage insurance is required

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;o Borrower identity

- Social Security inconsistencies

- Borrower name variations

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&nbsp;&nbsp;&nbsp;&nbsp;o Occupancy

- Borrower address history

- Subject property ownership history

&nbsp;&nbsp;&nbsp;&nbsp;o Employment

&nbsp;&nbsp;&nbsp;&nbsp;o Licensing – reviewed NMLS data for:

- Mortgage lender/originator

- Loan officer

&nbsp;&nbsp;&nbsp;&nbsp;o OFAC

E. Performed a DSCR review following the origination guidelines to arrive at a monthly property expense. This number is used as the denominator
to the monthly lease or estimated lease income. Clayton reviewed the applicable documentation and data to arrive at this ratio, including:

&nbsp;&nbsp;&nbsp;&nbsp;o Principal and interest payment

&nbsp;&nbsp;&nbsp;&nbsp;o Property taxes

&nbsp;&nbsp;&nbsp;&nbsp;o Insurance

&nbsp;&nbsp;&nbsp;&nbsp;o HOA payments

**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:

&nbsp;&nbsp;&nbsp;&nbsp;o 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

&nbsp;&nbsp;&nbsp;&nbsp;o Appraisal report was reasonably complete and included:

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

- Accurate identification of the subject property

- Accurate identification of the subject loan transaction

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

- All required attachments including:

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

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

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

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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;▪ 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:

&nbsp;&nbsp;&nbsp;&nbsp;o Title XI of FIRREA:

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

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

&nbsp;&nbsp;&nbsp;&nbsp;o USPAP

- Confirmed that the appraiser's certification is present and executed within the original appraisal.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

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

- Property usage was reviewed for zoning compliance

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

- Neighborhood values were reviewed to determine if declining

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

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

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

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

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

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

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

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

- Style of property was reviewed to determine if unique property

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

- Locational and/or environmental concerns adequately addressed if present

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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:

&nbsp;&nbsp;&nbsp;&nbsp;o 3 to 4 unit owner occupied properties

&nbsp;&nbsp;&nbsp;&nbsp;o 2 to 4 unit second homes

&nbsp;&nbsp;&nbsp;&nbsp;o Unwarrantable or limited review condominiums

&nbsp;&nbsp;&nbsp;&nbsp;o Manufactured or mobile homes

&nbsp;&nbsp;&nbsp;&nbsp;o Condotel units

&nbsp;&nbsp;&nbsp;&nbsp;o Unique properties

&nbsp;&nbsp;&nbsp;&nbsp;o Working farms, ranches or orchards

&nbsp;&nbsp;&nbsp;&nbsp;o Mixed-use properties

&nbsp;&nbsp;&nbsp;&nbsp;o Properties subject to existing oil or gas leases

&nbsp;&nbsp;&nbsp;&nbsp;o Properties located in Hawaii Lava Zones 1 and 2

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;o Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list

**Appendix C: Regulatory Compliance Review Scope**

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Initial Good Faith Estimate, (GFE): timing and content of the initial disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o High Cost mortgage thresholds for points and fees (Section 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o High Cost Prohibited Acts and Practices upon request (Section 33)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 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)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o TILA/RESPA Integrated Disclosures ("TRID")

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Pre-application forms cannot look similar to the 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;· 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The LE was delivered or placed in the mail within 3 business days of the broker or lender receiving an 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;· 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Zero and ten percent tolerance fees are only reset with a valid and timely change of circumstance.

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

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 15 November 17, 2025

![](ex99-9_003.jpg)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest-only periods and final balloon payments are 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;· The total of the principal and interest payment, mortgage insurance and escrow amounts add up correctly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· When applicable, that the AIR and AP tables are consistent with Clayton's calculations.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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;· 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;· 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;· Total interest percentage

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compliance with the TRID rounding 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;· Compliance with specified formatting requirements.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Alphabetization of 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;· Title fees preceded by "Title –."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Once a fee is disclosed it must remain substantially the same name across 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;· 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.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

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

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 16 November 17, 2025

![](ex99-9_003.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;· Whether the product or a product feature changed which requires 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Corrected CD's provided with a post-close refund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Post-close CD's to correct numerical errors based on events (such as recording) occurring within 30 days of 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;· 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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Provision and timing of Your Home Loan Toolkit (first lien, purchase-money 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;· Written List of Providers, when there are items in in the Services You Can Shop For category (can impact fee tolerances)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the Liability after Foreclosure selection is correct for the property state.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the Aggregate Adjustment 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;· Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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 |  |

---

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 17 November 17, 2025

![](ex99-9_003.jpg)

**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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Minnesota (Mortgage Originator and Service Licensing Act)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Puerto Rico (Office Regulation 5722)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Texas (Texas Finance Code)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 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 |  |

---

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 18 November 17, 2025

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

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

---

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

---

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

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

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

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

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

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

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

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

NRMLT 2025-NQM7 Due Diligence Narrative Report Page \| 19 November 17, 2025

## Exhibit 99.9

**Exhibit 99.9 Schedule 1**

**Valuations Summary**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loans in Report: | 24 |  |  |  | **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 (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS Information** |  |
| **Loan Number** | **Seller Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **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** | **Report Value** | **Variance Amount** | **Variance (%)** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **Other - Valuation Type** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU Score** | **Full Diligence ID** |
| 2000042985 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |
| 2000047271 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000047935 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.2 | XXXX |
| 2000050280 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  | XX/XX/XXXX | XXXX | 0 | 0.00% | Full Appraisal |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |
| 2000051461 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 | XXXX |
| 2000051504 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000051887 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000052096 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 | XXXX |
| 2000052156 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.6 | XXXX |
| 2000052490 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.9 | XXXX |
| 2000052684 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.8 | XXXX |
| 2000052727 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |
| 2000052744 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.4 | XXXX |
| 2000052827 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000052916 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 | XXXX |
| 2000052957 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000053123 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |
| 2000053751 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1073 Condo (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |
| 2000053818 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.4 | XXXX |
| 2000054100 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.4 | XXXX |
| 2000054110 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 | XXXX |
| 2000054137 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 | XXXX |
| 2000054275 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  | Not Applicable |  | $0.00 | $0.00 | 0.00% |  | 0 |  | XX/XX/XXXX | XXXX | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No Data) | XXXX |
| 2000054388 |  | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX | 1004 SFR (Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 | XXXX |

---

## Exhibit 99.9

**Exhibit 99.9 Schedule 2**

**ATR QM Upload**

<br> *Loans in Report:* *24*

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | 135 | 136 | 137 | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | 159 | 160 | 161 | 162 | 163 | 164 | 165 | 166 | 167 | 168 | 169 | 170 | 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 | 180 | 181 | 182 | 183 | 184 | 185 | 186 | 187 | 188 | 189 | 190 | 191 | 192 | 193 | 194 | 195 | 196 | 197 | 198 | 199 | 200 | 201 | 202 | 203 | 204 | 205 | 206 | 207 | 208 | 209 | 210 | 211 | 212 | 213 | 214 | 215 | 216 | 217 | 218 | 219 | 220 | 221 | 222 | 223 | 224 | 225 | 226 | 227 | 228 | 229 | 230 | 231 | 232 | 233 | 234 | 235 | 236 | 237 | 238 | 239 | 240 | 241 | 242 | 243 | 244 | 245 | 246 | 247 | 248 | 249 | 250 | 251 | 252 | 253 | 254 | 255 |
| **Loan Number** | **Deal** | **Seller Loan Number** | **Original Principal Balance** | **State** | **Loan Level ATR/QM Status** | **Verification Safe Harbor (VSH)?** | **Lender Provided ATR/QM Worksheet** | **Initial Lender ATR/QM Status** | **Application Date** | **Borrower 1 Citizenship** | **Borrower 2 Citizenship** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Occupancy** | **Property Type** | **Number of Units** | **Loan Type** | **Exempt Loan Product Type** | **Exempt Loan Housing Agency** | **Community Housing Development** | **Credit Under Economic Stabilization Act Of 2008** | **Refinance Of Non-Standard Mortgage** | **Higher Priced Covered Transaction** | **State Prepay Exceptions** | **Loan Purpose** | **Loan Term Exceeds 30 Years** | **Interest Only Feature** | **Negative Amortization** | **Balloon Payment** | **Prepay Penalty Flag** | **Prepayment Penalty Type** | **Prohibited Prepayment Penalty** | **Exceeds Points And Fees** | **Exceeds DTI Limit** | **Lien Position** | **APR** | **QM Calculated DTI Adherence** | **QM Lenders DTI Adherence** | **QM Fee Adherence - Total Charges %** | **QM Fee Adherence - Lenders Fee %** | **Fannie Mae Eligible** | **Freddie Mac Eligible** | **VA Guaranty Eligible** | **FHA Insured Eligible** | **USDA Guarantee Eligible** | **Rural Housing Service Insured Eligible** | **QM - Expected Income Or Assets For DTI** | **QM - Current Employment Status For DTI** | **QM - Monthly Payment On Subject Loan For DTI** | **QM - Monthly Payment On Additional Loan For DTI** | **QM - Monthly Payment Mortgage Related Obligations** | **QM - Current Debt Obligations Alimony and Child Support for DTI** | **QM - Monthly DTI Ratio Or Residual Income** | **One or more Verification Safe Harbor Guidelines used?** | **Current/Reasonably Expected Income or Assets per Guideline used?** | **Current Debt Obligations, Alimony & Child Support per Guideline used?** | **Monthly DTI (includes monthly payment on subject loan and simultaneous loans)** | **Monthly Residual Income per guideline used?** | **Compensating Factors used for QM determination documented before closing?** | **ATR - Guidelines Provided to Document Approach** | **ATR - Current And Expected Income And Assets** | **ATR - Current Employment Status** | **ATR - Mortgage Payment Obligation** | **ATR - Mortgage Payment on Simultaneous Transaction** | **ATR - Payment For Mortgage Related Obligations** | **ATR - Debt Obligations Including Alimony and Child Support** | **ATR - Monthly DTI Ratio or Residual Income** | **ATR - Consumer Credit History** | **ATR Lenders - DTI (Back)** | **ATR Calculated DTI (Back)** | **QM Lender Value DTI (Back)** | **QM Calculated DTI (Back)** | **Initial DTI (Back)** | **DTI Qualifying (Back)** | **Residual Income Analysis in File** | **Residual Income Guidelines** | **Did Loan Meet Guidelines** | **Residual Income Amount** | **Asset Depletion** | **Asset Depletion Months Amortized** | **Asset Utilization** | **Partial Asset Depletion** | **Short Sale** | **Short Sale Date** | **Deed In Lieu** | **Deed In Lieu Date** | **QRM Flag** | **Borrower 2 Guarantor Flag** | **Borrower 2 Personal Guaranty Recourse to Borrower** | **Borrower 3 Guarantor Flag** | **Borrower 3 Personal Guaranty Recourse to Borrower** | **Borrower 4 Guarantor Flag** | **Borrower 4 Personal Guaranty Recourse to Borrower** | **Borrower 1 Paystub Flag** | **Borrower 1 Paystub Number of Months** | **Borrower 2 Paystub Flag** | **Borrower 2 Paystub Number of Months** | **Borrower 3 Paystub Flag** | **Borrower 3 Paystub Number of Months** | **Borrower 4 Paystub Flag** | **Borrower 4 Paystub Number of Months** | **Borrower 1 W2 Flag** | **Borrower 1 W2 Number of Months** | **Borrower 2 W2 Flag** | **Borrower 2 W2 Number of Months** | **Borrower 3 W2 Flag** | **Borrower 3 W2 Number of Months** | **Borrower 4 W2 Flag** | **Borrower 4 W2 Number of Months** | **Borrower 1 Personal Tax Return Flag** | **Borrower 1 Personal Tax Return Number of Months** | **Borrower 2 Personal Tax Return Flag** | **Borrower 2 Personal Tax Return Number of Months** | **Borrower 3 Personal Tax Return Flag** | **Borrower 3 Personal Tax Return Number of Months** | **Borrower 4 Personal Tax Return Flag** | **Borrower 4 Personal Tax Return Number of Months** | **Borrower 1 Business Tax Return Flag** | **Borrower 1 Business Tax Return Number of Months** | **Borrower 2 Business Tax Return Flag** | **Borrower 2 Business Tax Return Number of Months** | **Borrower 3 Business Tax Return Flag** | **Borrower 3 Business Tax Return Number of Months** | **Borrower 4 Business Tax Return Flag** | **Borrower 4 Business Tax Return Number of Months** | **Borrower 1 Verbal VOE Flag** | **Borrower 1 Verbal VOE Number of Months** | **Borrower 2 Verbal VOE Flag** | **Borrower 2 Verbal VOE Number of Months** | **Borrower 3 Verbal VOE Flag** | **Borrower 3 Verbal VOE Number of Months** | **Borrower 4 Verbal VOE Flag** | **Borrower 4 Verbal VOE Number of Months** | **Borrower 1 Written VOE Flag** | **Borrower 1 Written VOE Form** | **Borrower 1 Written VOE Number of Months** | **Borrower 2 Written VOE Flag** | **Borrower 2 Written VOE Form** | **Borrower 2 Written VOE Number of Months** | **Borrower 3 Written VOE Flag** | **Borrower 3 Written VOE Form** | **Borrower 3 Written VOE Number of Months** | **Borrower 4 Written VOE Flag** | **Borrower 4 Written VOE Form** | **Borrower 4 Written VOE Number of Months** | **Borrower 1 P&L Flag** | **Borrower 1 P&L Prepared By** | **Borrower 1 P&L Number of Months** | **Borrower 2 P&L Flag** | **Borrower 2 P&L Prepared By** | **Borrower 2 P&L Number of Months** | **Borrower 3 P&L Flag** | **Borrower 3 P&L Prepared By** | **Borrower 3 P&L Number of Months** | **Borrower 4 P&L Flag** | **Borrower 4 P&L Prepared By** | **Borrower 4 P&L Number of Months** | **Borrower 1 Lease Agreement Flag** | **Borrower 1 Lease Agreement Number of Months** | **Borrower 2 Lease Agreement Flag** | **Borrower 2 Lease Agreement Number of Months** | **Borrower 3 Lease Agreement Flag** | **Borrower 3 Lease Agreement Number of Months** | **Borrower 4 Lease Agreement Flag** | **Borrower 4 Lease Agreement Number of Months** | **Equity Income Flag** | **Equity Income Amount** | **Equity Income Number of Months** | **Cross Collateralized Loan?** | **Is the Loan a Short-Term Rental?** | **DSCR with Rent Schedule Flag** | **DSCR with Rent Schedule Income Amount** | **DSCR with Lease Agreement Flag** | **DSCR with Lease Agreement Income Amount** | **DSCR %** | **DSCR Method Used** | **Borrower 1 CPA Letter with Income Flag** | **Borrower 1 CPA Letter with Income Number of Months** | **Borrower 1 CPA Letter without Income Flag** | **Borrower 1 CPA Letter without Income Number of Months** | **Borrower 2 CPA Letter with Income Flag** | **Borrower 2 CPA Letter with Income Number of Months** | **Borrower 2 CPA Letter without Income Flag** | **Borrower 2 CPA Letter without Income Number of Months** | **Borrower 3 CPA Letter with Income Flag** | **Borrower 3 CPA Letter with Income Number of Months** | **Borrower 3 CPA Letter without Income Flag** | **Borrower 3 CPA Letter without Income Number of Months** | **Borrower 4 CPA Letter with Income Flag** | **Borrower 4 CPA Letter with Income Number of Months** | **Borrower 4 CPA Letter without Income Flag** | **Borrower 4 CPA Letter without Income Number of Months** | **Borrower 1 Personal Bank Statements Flag** | **Borrower 1 Personal Bank Statements Number of Months** | **Borrower 2 Personal Bank Statements Flag** | **Borrower 2 Personal Bank Statements Number of Months** | **Borrower 3 Personal Bank Statements Flag** | **Borrower 3 Personal Bank Statements Number of Months** | **Borrower 4 Personal Bank Statements Flag** | **Borrower 4 Personal Bank Statements Number of Months** | **Borrower 1 Business Bank Statements Flag** | **Borrower 1 Business Bank Statements Number of Months** | **Borrower 2 Business Bank Statements Flag** | **Borrower 2 Business Bank Statements Number of Months** | **Borrower 3 Business Bank Statements Flag** | **Borrower 3 Business Bank Statements Number of Months** | **Borrower 4 Business Bank Statements Flag** | **Borrower 4 Business Bank Statements Number of Months** | **Borrower 1 Award Letter Flag** | **Borrower 1 Award Letter Number of Months** | **Borrower 2 Award Letter Flag** | **Borrower 2 Award Letter Number of Months** | **Borrower 3 Award Letter Flag** | **Borrower 3 Award Letter Number of Months** | **Borrower 4 Award Letter Flag** | **Borrower 4 Award Letter Number of Months** | **Borrower 1 Offer Letter Flag** | **Borrower 1 Offer Letter Number of Months** | **Borrower 2 Offer Letter Flag** | **Borrower 2 Offer Letter Number of Months** | **Borrower 3 Offer Letter Flag** | **Borrower 3 Offer Letter Number of Months** | **Borrower 4 Offer Letter Flag** | **Borrower 4 Offer Letter Number of Months** | **Borrower 1 IRS Transcripts - Tax Returns Flag** | **Borrower 1 IRS Transcripts - Tax Returns Number of Months** | **Borrower 1 IRS Transcripts - W2s Flag** | **Borrower 1 IRS Transcripts - W2s Number of Months** | **Borrower 2 IRS Transcripts - Tax Returns Flag** | **Borrower 2 IRS Transcripts - Tax Returns Number of Months** | **Borrower 2 IRS Transcripts - W2s Flag** | **Borrower 2 IRS Transcripts - W2s Number of Months** | **Borrower 3 IRS Transcripts - Tax Returns Flag** | **Borrower 3 IRS Transcripts - Tax Returns Number of Months** | **Borrower 3 IRS Transcripts - W2s Flag** | **Borrower 3 IRS Transcripts - W2s Number of Months** | **Borrower 4 IRS Transcripts - Tax Returns Flag** | **Borrower 4 IRS Transcripts - Tax Returns Number of Months** | **Borrower 4 IRS Transcripts - W2s Flag** | **Borrower 4 IRS Transcripts - W2s Number of Months** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** | **BK Chapter** | **BK Filing Date** | **Months Since Filing Date** | **BK Discharge Date** | **Months Since Discharge Date** | **Ever in F/C?** | **F/C Last Proceeding Date** | **Borrower 1 Documentation Used to Determine Legal Residency** | **Borrower 2 Documentation Used to Determine Legal Residency** | **Borrower 3 Documentation Used to Determine Legal Residency** | **Borrower 4 Documentation Used to Determine Legal Residency** | **Full Diligence ID** |
| XXX | XXX | (No Data) | XXX | GA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 10/XX/2024 | (No Data) | U.S. Citizen | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1842.58 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1950.00 | No | (No Data) | 1.0582 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 01/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | Yes | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 26.83 | 0 | 26.83 | 26.83 | 26.83 | (No Data) | (No Data) | (No Data) | 25718.74 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 01/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 47.32 | 0 | 47.32 | 47.32 | 47.32 | (No Data) | (No Data) | (No Data) | 8685.6 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 168 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 168 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | TX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 02/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 47.1 | 0 | 47.1 | 47.1 | 47.1 | (No Data) | (No Data) | (No Data) | 40914.8 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 120 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 120 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | 03/XX/2025 | U.S. Citizen | U.S. Citizen | (No Data) | Primary | Low Rise Condo (1-4) | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 7.7047 | No | Yes | 3.038 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 0 | 0 | 0 | 0 | 0 | 0 | No | No | (No Data) | -5074.37 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 6 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Personal Bank Statements - 6 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 03/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4912.86 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 6200.00 | No | (No Data) | 1.2619 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | PA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 03/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2691.03 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2750.00 | No | (No Data) | 1.0219 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | GA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 03/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2928.15 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2950.00 | No | (No Data) | 1.0074 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 03/XX/2025 | U.S. Citizen | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.5000 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 44.95 | 0 | 44.95 | 44.95 | 44.95 | (No Data) | (No Data) | (No Data) | 28597.48 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 180 | No | (No Data) | Yes | 180 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 180 months | Business Bank Statements - 12 months;<br> CPA Letter without Income - 180 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | TX | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.7499 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1990.58 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2000.00 | No | (No Data) | 1.0047 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | SC | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | 04/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | Yes | Yes | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.1820 | No | No | 2.194 | Not Applicable | No | No | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 47.9 | 51.73 | 47.9 | 47.9 | 47.9 | 47.9 | No | No | (No Data) | 13634.91 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> W2 - 24 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | Non-QM: Lender documented all ATR UW factors | No | Present | Non-QM: Lender documented all ATR UW factors | 04/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.6042 | Yes | Yes | 2.202 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | Yes | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 33.9 | 37.08 | 37.08 | 37.08 | 37.08 | 37.08 | No | No | (No Data) | 41354.03 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | SC | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1962.83 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2400.00 | No | (No Data) | 1.2227 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CA | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | 4 Family | 4 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.9990 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -6356.9 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 8800.00 | No | (No Data) | 1.3843 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | TX | Non-QM: Lender documented all ATR UW factors | (No Data) | Present | Non-QM: Lender documented all ATR UW factors | 04/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | Yes | Yes | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 7.7661 | Yes | Yes | 3.024 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 41.74 | 34.21 | 41.74 | 31.73 | 31.73 | 34.21 | Yes | Yes | Yes | 8334.31 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter - 240 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | OK | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5%, 4%, 3%, 2%, 1% of amount prepaid in years 1-5 | (No Data) | Yes | Yes | 1 | 6.8750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1989.77 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3800.00 | No | (No Data) | 1.9097 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CO | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | U.S. Citizen | U.S. Citizen | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2386.82 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 2000.00 | No | (No Data) | 0.8379 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | IL | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1644.24 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | Yes | Full Recourse | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 1650.00 | No | (No Data) | 1.0035 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | NV | QM: Safe Harbor (APOR) | No | Present | QM: Safe Harbor (APOR) | 04/XX/2025 | U.S. Citizen | U.S. Citizen | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | No | No | Rate and Term Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.4618 | Yes | Yes | 0.796 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | Not Applicable | No | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 33.15 | 34.25 | 33.15 | 34.25 | 34.25 | 34.25 | Yes | Yes | Yes | 14270.69 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CO | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3917.43 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | Yes | Yes | 3100.00 | No | (No Data) | 0.7913 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | FL | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | (No Data) | U.S. Citizen | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2515.49 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | Yes | Full Recourse | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3400.00 | No | (No Data) | 1.3516 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | FL | ATR/QM: Exempt | (No Data) | (No Data) | (No Data) | 04/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.8750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3202.7 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | Yes | 3250.00 | No | (No Data) | 1.0147 | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | OR | QM: Safe Harbor (APOR) | No | Present | QM: Safe Harbor (APOR) | 05/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Second Home | SFR | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.6384 | Yes | Yes | 2.421 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | No | No | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 15.14 | 14.45 | 15.14 | 14.45 | 14.45 | 14.45 | Yes | Yes | Yes | 52107.77 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Yes | 48 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 48 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |
| XXX | XXX | (No Data) | XXX | CO | QM: Safe Harbor (APOR) | No | Present | QM: Safe Harbor (APOR) | 05/XX/2025 | U.S. Citizen | (No Data) | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | No | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.5762 | Yes | Yes | 2.762 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | No | Yes | Yes | Yes | No | Yes | (No Data) | (No Data) | (No Data) | (No Data) | Not Applicable | (No Data) | (No Data) | (No Data) | (No Data) | 39.13 | 39.32 | 39.13 | 39.32 | 39.32 | 39.32 | Yes | Yes | Yes | 15199.67 | No | 0 | (No Data) | No | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | FMNA 1005 | 27 | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | No | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 24 months;<br> Paystub - 1 months;<br> W2 - 24 months;<br> Written VOE - 27 months | (No Data) | (No Data) | (No Data) | No | (No Data) | 0 | (No Data) | 0 | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | XXX |

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## Exhibit 99.9

**Exhibit 99.9 Schedule 3**

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| | |
|:---|:---|
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *24* |
| ***Loans with Conditions:*** | *16* |

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** | **Full Diligence ID** |
| XXX | XXX | GA | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 6 months reserves required borrower has over 36 months<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 12 months mortgage history required, 25 months reported<br>XXX Good credit history<br> - XXXX Comments: Borrower has no history of late payments | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Legal Documents | Satisfied D A | XXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide final HUD-1 | 3.3.25 please find the final SS for review.3.4.25 exception satisfied | 3.4.25 exception satisfied | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Borrower has 8 years 1 month at current residence.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: Assets: $105,573.93 reserves in file; 22.16 months PITIA. Required reserves $4,765.08 x 6 = $28,590.48.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: Borrower has 8 years 2 months at current job.<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: Qualifying FICO of 772 is 49 points above the 680 FICO required for the program.<br>XXX DTI below guideline requirement<br> - XXXX Comments: DTI (Back) of 26.83% is 23.17% below the 50% allowed for the program. | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | D | A D | D | A | Compliance | Documentation | Satisfied D A | XXX | Notary Status is missing | No | Provide copy of Notary | 3.11.25-Client provided executed mortgage , including notary. Satisfied. | 3.11.25- Satisfied. | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 764 mid-score per CBR<br>XXX Significant time at current residence<br> - XXXX Comments: 7.1 years living at primary residence.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: 6.6 years employed with CM Court Reporter Inc.<br>XXX LTV below guideline requirements<br> - XXXX Comments: 73.57% LTV per review; 80% LTV is maximum allowed per guidelines.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 121 months of 0x30 consumer credit history per CBR.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 48.13 months of reserves in file. | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | D | A D | D | A | Compliance | Documentation | Satisfied D A | XXX | Mortgage not signed | No | Provide copy of signed mortgage and riders | 3.11.25-Client provided executed mortgage , including notary. Satisfied. | 3.11.25-Satisfied. | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 764 mid-score per CBR<br>XXX Significant time at current residence<br> - XXXX Comments: 7.1 years living at primary residence.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: 6.6 years employed with CM Court Reporter Inc.<br>XXX LTV below guideline requirements<br> - XXXX Comments: 73.57% LTV per review; 80% LTV is maximum allowed per guidelines.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 121 months of 0x30 consumer credit history per CBR.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 48.13 months of reserves in file. | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | D | A D | D | A | Credit | Legal Documents | Satisfied D A | XXX | Note Not Executed | No | Provide copy of executed document. | 3.11.25-Client provided executed note, including all addendum. Satisfied. | 3.11.25-Satisfied. | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 764 mid-score per CBR<br>XXX Significant time at current residence<br> - XXXX Comments: 7.1 years living at primary residence.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: 6.6 years employed with CM Court Reporter Inc.<br>XXX LTV below guideline requirements<br> - XXXX Comments: 73.57% LTV per review; 80% LTV is maximum allowed per guidelines.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 121 months of 0x30 consumer credit history per CBR.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 48.13 months of reserves in file. | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | D | A D | D | A | Credit | Legal Documents | Satisfied D A | XXX | Missing HUD-1 (Final and Estimated) | No | Missing final signed HUD 1, no HUD-1 in file. | 3.10.25 A copy of the final settlement statement has been uploaded3.11.25 exception satisfied | 3.11.25 exception satisfied | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 764 mid-score per CBR<br>XXX Significant time at current residence<br> - XXXX Comments: 7.1 years living at primary residence.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: 6.6 years employed with CM Court Reporter Inc.<br>XXX LTV below guideline requirements<br> - XXXX Comments: 73.57% LTV per review; 80% LTV is maximum allowed per guidelines.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 121 months of 0x30 consumer credit history per CBR.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 48.13 months of reserves in file. | XXX |
| XXX | XXX | TX | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Insurance | Satisfied C A | XXX | Flood Effective date is greater than the transaction date | No | Flood Effective date 6/XX/25-6/XX/26 is greater than the transaction date | 6.03.2025-Client's response: June 2nd 2025, 9:03:46 amFlood policy with effective dates of 6/XX/2024-6/XX/2025 has been provided.6.03.2025-XX response: Received the corrected effective dates of the Flood Insurance. Exception satisfied. | 6.03.2025-Exception satisfied. | Not Applicable | Not Applicable | XXX Borrower has significant time at current job<br> - XXXX Comments: 12.4 years employed with XXXX.<br>XXX Significant time in profession<br> - XXXX Comments: 30 years working in the local water services industry.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 27.26 months of reserves in file. | XXX |
| XXX | XXX | TX | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Insurance | Satisfied D A | XXX | Missing proof of flood insurance in File | No | Missing proof of Flood coverage in file. | 5.29.25 Effective date is greater than the transaction date 6/XX/25-6/XX/26. Provide current Flood INS policy.5.30.25 existing exception cleared, additional flood exception applied due to effective dates. | 5.30.25 existing exception cleared, additional flood exception applied due to effective dates. | (No Data) | Not Applicable | XXX Borrower has significant time at current job<br> - XXXX Comments: 12.4 years employed with XXXX<br>XXX Significant time in profession<br> - XXXX Comments: 30 years working in the local water services industry.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 27.26 months of reserves in file. | XXX |
| XXX | XXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D | A | A D | A | A | Property Valuations | Property | Satisfied D A | XXX | Missing HOA Certificate/Questionnaire | No | Missing Condo Certificate / Documents | 5.29.25 Condo questionnaire has been uploaded,5.30.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | XXX LTV below guideline requirements<br> - XXXX Comments: 55% LTV < guideline maximum of 85%<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 810 qualifying score exceeds 620 requirements<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $1,395,945.69 reserves in file or 275.10 months PITI > required guidelines | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Legal Documents | Satisfied D A | XXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Missing final HUD | 5.23.25 find the SS for review.5.27.25 exception satisfied | 5.27.25 exception satisfied | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Borrower has 11 years 7 months at current residence.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: Reserves of 31 months PITIA is 28 months greater than the 3 months reserves required.<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: Qualifying FICO of 749 is 129 points above the 620 FICO required for the program.<br>XXX LTV below guideline requirements<br> - XXXX Comments: LTV of 70% is 10% below the 80% LTV allowed for the program. | XXX |
| XXX | XXX | PA | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Credit/Mtg History | Active B | XXX | # of Tradelines Does Not Meet Guideline Requirements | No | Evidence of Judgement in the amount of $XX has been paid. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Guarantor has lived at current residence 27 years.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 8+ months reserves exceeds guidelines.<br>XXX Good credit history<br> - XXXX Comments: Guarantor demonstrates good credit history. | XXX |
| XXX | XXX | PA | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Notary Status is missing | No | Provide executed mortgage, including notary and all riders. | 5.28.25 Copy of executed mortgage with the legal description has been provided,5.28.25 exception satisfied | 5.28.25 exception satisfied | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Guarantor has lived at current residence 27 years.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 8+ months reserves exceeds guidelines.<br>XXX Good credit history<br> - XXXX Comments: Guarantor demonstrates good credit history. | XXX |
| XXX | XXX | PA | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Property Valuations | Appraisal | Satisfied D A | XXX | Missing updated valuation | No | Missing third party valuation. | 5.28.25 DVR supports the appraisal value, copy provided5.28.25 exception satisfied | 5.28.25 exception satisfied | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Guarantor has lived at current residence 27 years.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 8+ months reserves exceeds guidelines.<br>XXX Good credit history<br> - XXXX Comments: Guarantor demonstrates good credit history. | XXX |
| XXX | XXX | GA | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Please provide Final HUD-1. | 6.03.2025-Client's response: June 3rd 2025, 4:19:55 pmFinal settlement statement has been provided, please clear condition.6.03.2025-XXXX's response: Received the HUD1, exception satisfied. | 6.03.2025-Exception satisfied. | (No Data) | Not Applicable | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $123,854.68 reserves in file or 42.30 months PITI > required guidelines<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 78 months with 0x30 consumer credit payment history exceeds guidelines of 24 months<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 715 qualifying score exceeds 620 requirements | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt B | A | A B | A | A | Credit | Terms/Guidelines | Active B | XXX | Cash Out Amount Exceeds Guidelines | No | XX refinance with borrowers receiving $XX incidental cash out > guideline max of the lesser of $5000 or 2% of loan amount. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 783 qualifying score exceeds 620 requirements<br>XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / current residence for 8 years<br>XXX Significant time in profession<br> - XXXX Comments: Borrowers have had stable self-employment for the past 12 years and in profession for the past 25 years | XXX |
| XXX | XXX | TX | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX Credit score exceeds guidelines<br> - XXXX Comments: 804 qualifying score exceeds 620 requirements<br>XXX LTV below guideline requirements<br> - XXXX Comments: 75% LTV < guideline maximum of 80%<br>XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / current residence for 16+ years.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $13,967.83 reserves in file or 7.02 months PITI | XXX |
| XXX | XXX | SC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | B | B D A | B | B | Compliance | State Consumer Protection | Active B | XXX | XX - Broker 'Amounts Earned' Disclosure not in file | No | XX - Broker 'Amounts Earned' Disclosure is missing in the file. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 96 Months Reserves<br>XXX Good credit history<br> - XXXX Comments: Good Credit History<br>XXX Positive mortgage payment history<br> - XXXX Comments: Demonstrates positive Mortgage History | XXX |
| XXX | XXX | SC | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | B | B D A | B | B | Credit | Insurance | Satisfied D A | XXX | Missing proof of flood insurance in File | No | Missing Flood Declaration Page | 5.29.25 flood uploaded5.29.25 exception satisfied | 5.29.25 exception satisfied | (No Data) | Not Applicable | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 96 Months Reserves<br>XXX Good credit history<br> - XXXX Comments: Good Credit History<br>XXX Positive mortgage payment history<br> - XXXX Comments: Demonstrates positive Mortgage History | XXX |
| XXX | XXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C B | XXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fees increased without notifying borrower of change Rate Extension $!XX % of points increased $XXTotal diff $XX | 5.29.25-Client provided LE issued 5/XX/25, e-signed 5/XX/25. Provide COC within 3 business days of fee increases OR copy of tolerance cure check in the amount of $XX , PCCD, LOX to borrower and proof of delivery via delivery tracking method.6.17.25-Client provided COC dated 4/XX/25, loan amount increased. | 6.17.25-Exception Satisfied. | (No Data) | Not Applicable | XXX Credit score exceeds guidelines<br> - XXXX Comments: 702 mid-score per CBR.<br>XXX Significant time at current residence<br> - XXXX Comments: 5.9 years living at primary residence.<br>XXX Significant time in profession<br> - XXXX Comments: 10 years in the Investment industry.<br>XXX Borrower has significant time at current job<br> - XXXX Comments: 9.8 years employed with Falkon Investment.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 89 months of 0x30 consumer credit history per CBR.<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 132 months of 0x30 mortgage history per CBR.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 56.58 months of reserves in file.<br>XXX LTV below guideline requirements<br> - XXXX Comments: 74.97% LTV per review; 80% LTV is maximum allowed per guidelines. | XXX |
| XXX | XXX | SC | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 20+ MONTHS RESERVES EXCEEDS GUIDELINES.<br>XXX Significant time at current residence<br> - XXXX Comments: GURANTOR HAS LIVED AT CURRENT RESIDENCE 4 YEARS.<br>XXX Good credit history<br> - XXXX Comments: GUARANTOR DEMONSTRATES GOOD CREDIT HISTORY. | XXX |
| XXX | XXX | CA | (No Data) | ATR/QM: Exempt D | N/A | N/A D | N/A | N/A | Credit | Legal Documents | Satisfied D A | XXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Provide Final HUD-1 | 5.29.25 Final settlement statement has been provided, 5.30.25 exception satisfied | 5.30.25 exception satisfied | (No Data) | Not Applicable | XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 116+ Months Consumer Credit<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 55+ Months positive Mortgage History<br>XXX Good credit history<br> - XXXX Comments: Good Credit History | XXX |
| XXX | XXX | TX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX LTV below guideline requirements<br> - XXXX Comments: 81.60% LTV < guideline maximum of 85%<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 730 qualifying score exceeds 680 requirements<br>XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / departing residence for 17+ years. | XXX |
| XXX | XXX | OK | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: Reserves of 33 months PITIA vs 0 months reserves required.<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: Qualifying FICO of 687 is 67 points above the 620 FICO required for the program.<br>XXX LTV below guideline requirements<br> - XXXX Comments: LTV of 43.60% is 31.40% below the 75% LTV allowed for the program. | XXX |
| XXX | XXX | CO | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Property Valuations | Appraisal | Satisfied D A | XXX | Missing updated valuation | No | Provide third party valuation that supports the appraised value of XXXX. | 5.9.25 CU with a score of 1 has been provided5.12.25 exception satisfied | 5.12.25 exception satisfied | (No Data) | Not Applicable | XXX Good credit history<br> - XXXX Comments: Good Credit History<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 38+ Months reporting<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 95 Months reporting | XXX |
| XXX | XXX | CO | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Property Valuations | Property | Satisfied D A | XXX | Missing HOA Certificate/Questionnaire | No | Provide HOA/Certificate/Questionnaire. | 5.9.25 Condo questionnaire has been provided5.12.25 exception satisfied | 5.12.25 exception satisfied | (No Data) | Not Applicable | XXX Good credit history<br> - XXXX Comments: Good Credit History<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 38+ Months reporting<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 95 Months reporting | XXX |
| XXX | XXX | IL | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Credit/Mtg History | Active B | XXX | Length of mortgage/rental history in file does not meet guideline requirement | No | Provide 12 months of canceled checks (front & back) for the private mortgages to XX. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX LTV below guideline requirements<br> - XXXX Comments: 75% LTV < guideline maximum of 80%<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $145,238.45 reserves in file or 88.33 months PITI > required guidelines<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 704 qualifying score exceeds 620 requirements | XXX |
| XXX | XXX | IL | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Property Valuations | Property | Satisfied D A | XXX | Missing HOA Certificate/Questionnaire | No | Missing HOA Certificate/Questionnaire. | 6.10.2023-Client's response: June 6th 2025, 12:19:48 pmHOA questionnaire along with financials and litigation documents has been provided, please clear condition.6.10.2023-XXXX's response: Received the HOA Questionnaire, exception is satisfied. | 6.10.2025-Exception satisfied. | (No Data) | Not Applicable | XXX LTV below guideline requirements<br> - XXXX Comments: 75% LTV < guideline maximum of 80%<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $145,238.45 reserves in file or 88.33 months PITI > required guidelines<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 704 qualifying score exceeds 620 requirements | XXX |
| XXX | XXX | NV | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) D | A | A D | A | A | Property Valuations | Appraisal | Satisfied D A | XXX | Missing updated valuation | No | Missing Desk Review to support appraisal value; CU score 3.4 | 6.6.25 please find the XX exception satisfied | 6.6.25 exception satisfied | (No Data) | Not Applicable | XXX Borrower has significant time at current job<br> - XXXX Comments: Borrowers have stable employment being self-employed with same company for the past 15+ years<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 724 qualifying score exceeds 660 requirements<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $71,942.61 reserves in file or 14.11 months PITI > required guidelines | XXX |
| XXX | XXX | CO | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX Significant time at current residence<br> - XXXX Comments: Guarantor has lived at current residence 20 + years.<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 386 Months credit history exceeds guidelines.<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 34+ months reserves exceeds guidelines. | XXX |
| XXX | XXX | FL | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: 96 Months Reserves<br>XXX Consumer credit history exceeds guidelines<br> - XXXX Comments: 228+ Months reporting<br>XXX Mortgage payment history exceeds guidelines<br> - XXXX Comments: 76+ Months reporting | XXX |
| XXX | XXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | XXX LTV below guideline requirements<br> - XXXX Comments: 64.91% LTV < guideline maximum of 80%<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: 751 qualifying score exceeds 620 requirements<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $69,132.64 reserves in file or 21.59 months PITI > required guidelines<br>XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / current residence for 11 years | XXX |
| XXX | XXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) D B | C | B D A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C B | XXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Appraisal fee increased by $175.00 on LE 5/XX without a valid Change of Circumstance. Provide Letter of explanation, PCCD, copy of tolerance check refund & proof of delivery via tracking method; within 60 days of consummation. | 6.9.25-Client provided "edit COC log" reflecting increase in appraisal fee. "Why" did the appraisal fee increase is Not documented, this is not a borrower shoppable service. Reason reflects as Consumer Request.6.17.25-Client provided explanation of Appraisal fee increase. | 6.17.25-Exception Satisfied. | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / current residence for 10 years<br>XXX Significant time in profession<br> - XXXX Comments: Borrowers have stable employment being self-employed with same company for the past 20+ years<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $326,948.42 reserves in file or 84.13 months PITI > required guidelines | XXX |
| XXX | XXX | OR | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) D B | C | B D A | C | B | Property Valuations | Appraisal | Satisfied D A | XXX | Missing updated valuation | No | Missing UCDP and/or Desk Review | 6.6.25 please find the XX exception satisfied | 6.9.25 exception satisfied | (No Data) | Not Applicable | XXX Significant time at current residence<br> - XXXX Comments: Borrower has owned primary / current residence for 10 years<br>XXX Significant time in profession<br> - XXXX Comments: Borrowers have stable employment being self-employed with same company for the past 20+ years<br>XXX Verified cash reserves exceed guidelines<br> - XXXX Comments: $326,948.42 reserves in file or 84.13 months PITI > required guidelines | XXX |
| XXX | XXX | CO | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) B | A | A B | A | A | Credit | Credit/Mtg History | Active B | XXX | Length of mortgage/rental history in file does not meet guideline requirement | No | Provide 12 months of canceled checks (front & back) for the private landlord. | (No Data) | (No Data) | (No Data) | Not Applicable | XXX Borrower has significant time at current job<br> - XXXX Comments: Borrower has been at current job for 4 years.<br>XXX Credit score exceeds guidelines<br> - XXXX Comments: Qualifying FICO of 749 is 109 points above the 640 FICO required for the program.<br>XXX DTI below guideline requirement<br> - XXXX Comments: Qualifying DTI (Back) of 39.32% is 10.68% below the 50% allowed for the program. | XXX |

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## Exhibit 99.9

**Exhibit 99.9 Schedule 4**

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| | |
|:---|:---|
| **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** |
| *Loans in Report:* | *24* |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **Lender Application Date** | **Broker Application Date** | **GSE Eligible** | **QRM Flag** | **ATR/QM Total Points and Fees** | **Rate Lock Date** | **APR** | **Bwr 1 Employment Indicator** | **Bwr 2 Employment Indicator** | **Borrower 1 Citizenship** | **Borrower 2 Citizenship** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Residual Income Analysis in File** | **ATR/QM Residual Income** | **Full Diligence ID** |
| 2000042985 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.999 | Employed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000047271 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.375 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000047935 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.999 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000050280 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.999 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000051461 | Non-QM: Lender documented all ATR UW factors | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 12577.75 | 4/3/2025 | 7.7047 | Unemployed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 | XXXX |
| 2000051504 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.75 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000051887 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.375 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052096 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.375 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052156 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.5 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052490 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.7499 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052684 | Non-QM: Lender documented all ATR UW factors | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 26097.5 | 5/2/2025 | 7.182 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 | XXXX |
| 2000052727 | Non-QM: Lender documented all ATR UW factors | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 24934 | 4/11/2025 | 7.6042 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 | XXXX |
| 2000052744 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.999 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052827 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.999 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000052916 | Non-QM: Lender documented all ATR UW factors | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 11905 | 4/21/2025 | 7.7661 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | Yes | 8031.51 | XXXX |
| 2000052957 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.875 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000053123 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.5 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000053751 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 8.5 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000053818 | QM: Safe Harbor (APOR) | No | XX/XX/XXXX | XX/XX/XXXX | No | Yes | 5104 | 5/7/2025 | 7.4618 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | Yes | 14270.76 | XXXX |
| 2000054100 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.5 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000054110 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 7.375 | Unemployed | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | 0 | XXXX |
| 2000054137 | ATR/QM: Exempt | No | XX/XX/XXXX | XX/XX/XXXX | No | No | 0 | 1/1/1900 | 6.875 | Unemployed | (No Data) | U.S. Citizen | (No Data) | (No Data) | (No Data) | 0 | XXXX |
| 2000054275 | QM: Safe Harbor (APOR) | No | XX/XX/XXXX | XX/XX/XXXX | No | Yes | 11584 | 5/5/2025 | 7.6384 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | Yes | 51156.91 | XXXX |
| 2000054388 | QM: Safe Harbor (APOR) | No | XX/XX/XXXX | XX/XX/XXXX | No | Yes | 20301.8 | 5/8/2025 | 7.5762 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | Yes | 15199.67 | XXXX |

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<br>©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

## Exhibit 99.9

**Exhibit 99.9 Schedule 5**

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| | |
|:---|:---|
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |
| *Loans in Report* | *24* |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Borrower Last Name** | **Field** | **Tape Data** | **Reviewer Data** | **Full Diligence ID** |
| XXX | XXX | Total Cash Out | XXX | XXX | XXX |
| XXX | XXX | Disbursement Date | 2/XX/2025 | 3/XX/2025 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Months Reserves | 28.0000 | 27.26 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Disbursement Date | 5/XX/2025 | 5/XX/2025 | XXX |
| XXX | XXX | Months Reserves | 134.0000 | 275.1 | XXX |
| XXX | XXX | Disbursement Date | 5/XX/2025 | 5/XX/2025 | XXX |
| XXX | XXX | Total Cash Out | XXX | XXX | XXX |
| XXX | XXX | Number of Units | 2 | 1 | XXX |
| XXX | XXX | Property Type | 2 Family | SFR | XXX |
| XXX | XXX | Disbursement Date | 5/XX/2025 | 5/XX/2025 | XXX |
| XXX | XXX | Total Cash Out | XXX | XXX | XXX |
| XXX | XXX | DTI Qualifying (Back) | 33.9000 | 37.0764 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | DTI Qualifying (Back) | 41.7400 | 34.2101 | XXX |
| XXX | XXX | Months Reserves | 25.0000 | 48.36 | XXX |
| XXX | XXX | Disbursement Date | 5/XX/2025 | 5/XX/2025 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Months Reserves | 61.0000 | 35.69 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Months Reserves | 76.0000 | 88.33 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Months Reserves | 12.0000 | 21.59 | XXX |
| XXX | XXX | Cash Reserves | XXX | XXX | XXX |
| XXX | XXX | Months Reserves | 55.0000 | 84.13 | XXX |

---

©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

## Exhibit 99.9

**Exhibit 99.9 Schedule 6**

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| | |
|:---|:---|
| **Conditions Report 2.0** | **Conditions Report 2.0** |
| ***Loans in Report:*** | *24* |
| ***Loans with Conditions:*** | *16* |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | &nbsp;&nbsp;**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** | **Full Diligence ID** |
| XXX | &nbsp;&nbsp;10/XX/2024 | 10/XX/2024 A | N/A | N/A | N/A | N/A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;01/XX/2025 | 01/XX/2025 D A | A | A D | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;01/XX/2025 | 01/XX/2025 D A | D | A D | D | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;02/XX/2025 | 02/XX/2025 D A | A | A D | A | A | No | XXX |
| XXX | &nbsp;&nbsp;03/XX/2025 | 03/XX/2025 D A | A | A D | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;03/XX/2025 | 03/XX/2025 D A | A | A D | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;03/XX/2025 | 03/XX/2025 D B A | N/A | N/A D B | N/A | N/A | Yes | XXX |
| XXX | &nbsp;&nbsp;03/XX/2025 | 03/XX/2025 D A | N/A | N/A D | N/A | N/A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;03/XX/2025 | 03/XX/2025 B A | A | A B | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | N/A | N/A | N/A | N/A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 D B A | B | B D A | B | B | No | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 C B A | C | B C A | C | B | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | N/A | N/A | N/A | N/A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 D A | N/A | N/A D | N/A | N/A | No | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | Not Applicable | A | A | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | A | A | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 D A | A | A D | A | A | No | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 D B A | N/A | N/A D B | N/A | N/A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 D A | A | A D | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | N/A | N/A | N/A | N/A | Yes | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | N/A | N/A | N/A | N/A | No | XXX |
| XXX | &nbsp;&nbsp;04/XX/2025 | 04/XX/2025 A | A | A | A | A | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;05/XX/2025 | 05/XX/2025 D B A | C | B D A | C | B | Not Applicable | XXX |
| XXX | &nbsp;&nbsp;05/XX/2025 | 05/XX/2025 B A | A | A B | A | A | Not Applicable | XXX |

---