# EDGAR Filing Document

**Accession Number:** 0000807641
**File Stem:** 0000929638-26-000969
**Filing Date:** 2026-3
**Character Count:** 213871
**Document Hash:** f945cdd3760dbb2c15001671666d0634
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-26-000969.hdr.sgml**: 20260312

**ACCESSION NUMBER**: 0000929638-26-000969

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

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260312

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

**FILED AS OF DATE**: 20260312

**DATE AS OF CHANGE**: 20260312

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GS MORTGAGE SECURITIES CORP
- **CENTRAL INDEX KEY:** 0000807641
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-01949
- **FILM NUMBER:** 26747186

**BUSINESS ADDRESS:**
- **STREET 1:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 212-357-8721

**MAIL ADDRESS:**
- **STREET 1:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GS MORTGAGE SECURITIES CORP
- **CENTRAL INDEX KEY:** 0000807641
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **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:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 212-357-8721

**MAIL ADDRESS:**
- **STREET 1:** 85 BROAD STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004

#### 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 earliest event reported): |
| Commission File Number of securitizer: |
| Central Index Key Number of securitizer: |

---

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

<br> Name and telephone number, including area code, of the person to contact

in connection with this filing.

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

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

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

 <u>X</u> <br> Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: <u>0000807641</u>

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust 2026-3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

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

Central Index Key Number of issuing entity:

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Garrett Wallace, (212) 357-0655&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

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

------

#### INFORMATION TO BE INCLUDED IN THE REPORT

---

| | |
|:---|:---|
| **Item 2.01.** | **<u>Findings and Conclusions of a Third Party Due Diligence Report Obtained By the Issuer</u>** |

---

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

------

#### 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.

Dated: March 12, 2026

---

| | |
|:---|:---|
| GS Mortgage Securities Corp. | GS Mortgage Securities Corp. |
| (Depositor) | (Depositor) |
| By: <br>| <u>/s/ Garrett Wallace&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>  |
|  | Name: Garrett Wallace |
|  | Title: Vice President |

---

------

#### EXHIBIT INDEX
<u>Exhibit Number</u>

99.1&nbsp;&nbsp;&nbsp;&nbsp; Disclosures required by Rule 15Ga-2 for AMC Diligence, LLC

Schedule 1 – Executive Summary/Narrative

Schedule 2 – Rating Agency Grades

Schedule 3 – Exception Grades

Schedule 4 – Valuation Report

Schedule 5 – Supplemental Data

Schedule 6 – Data Compare Report

Schedule 7 – Modification Extract

Schedule 8 – Modification Only Extract

Schedule 9 – Data Compare Summary

## Exhibit 99.1

![](logo_amc.gif)

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#### EXECUTIVE SUMMARY

#### DESCRIPTION OF SERVICES
(1) Type of assets that were reviewed.

AMC Diligence, LLC ("AMC") performed certain due diligence services described below on conforming and non-conforming residential mortgages acquired from various parties. The review was conducted on behalf of Goldman Sachs Mortgage Company ("Client") via files imaged and provided by Goldman Sachs Mortgage Company (the "Review"). The loans in the Review carried origination dates between May 2020 and April 2025.

(2) Sample size of the assets reviewed.

The Review was conducted on the portion of the securitization mortgage loan population reviewed by AMC. The Client may have utilized multiple third-party review ("TPR") firms for the securitization and AMC may or may not have reviewed all of the mortgage loans in the securitization loan population for a specific scope of review. During the course of the selection of the final securitization population mortgage loans may have been eliminated from the originally envisioned securitization population for reasons that are unknown to AMC. Within the final securitization mortgage loan population, the Review sample was broken down into the following review scopes:

◾ "Credit and Compliance Review": 12 mortgage loans <br> ◾ "Modification Review": 1 mortgage loan

(3) Determination of the sample size and computation.

AMC 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 AMC.

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

AMC compared data fields on the bid tape provided by Client to the data found in the actual file as captured by AMC. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| # of Units | Interest Rate Initial Floor | Occupancy |
| Amortization Term | Interest Rate Life Max | Original CLTV |
| Amortization Type | Interest Rate Life Min | Original Interest Rate |
| City | Interest Rate Periodic Cap | Original Loan Amount |
| Contract Sales Price | Interest Rate Periodic Floor | Original LTV |
| Doc Type | Investor: Qualifying Total Debt Ratio | Property Type |
| First Payment Change Date | Lien Position | Purpose |
| First Payment Date | LTV Valuation Value | Refi Purpose |
| Index Type | Margin | Representative FICO |
| Interest Only | Maturity Date | State |
| Interest Only Period | Next Payment Change Date | Zip |
| Interest Rate Initial Cap | Note Date |  |

---

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)") used in the assessment of conformity guidelines.

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

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 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.

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

**Employment and Income:** AMC determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn't fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with 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:** 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 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.

**DU/LP Review:** When a DU/LP form is provided, AMC (i) confirmed and captured recommendations and (ii) verified that (a) red flags listed on the DU/LP were addressed by the underwriter, (b) listed credit conditions were cleared by the underwriter, and (c) the final DU/LP in the file contained data that matched the data gathered from documents in the file. All mortgage loans are manually underwritten with documentation requirements determined by Client guidelines and the AUS findings.

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

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

**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

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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 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(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.

If standard GSE forms were not used for the mortgage loan, AMC sought to confirm the existence of: (i) a "due on sale" clause, (ii) mortgagor's requirement to maintain adequate insurance at the mortgagor's own expense, and (iii) the holder's right to foreclose and to confirm that any homestead exemption has been waived as required by applicable law within the forms utilized.

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

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

AMC's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. AMC's review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the 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, AMC's review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of AMC's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to 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

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was directly accessible to AMC or if it was not directly accessible that another valuation product that was directly accessible to AMC was ordered in accordance with the Client's specific valuation waterfall process.

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

AMC also considered processes that included Fannie Mae's Collateral Underwriter (CU) or Freddie Mac Loan Collateral Advisor (LCA) on one-unit single-family homes and condos for GSE eligible loans. No additional property value due diligence was completed in cases where CU/LCA indicated that appraisal risk was consistent with the respective GSE's day one RW&E relief. Freddie Mac's Home Value Explorer (HVE) was also considered an acceptable secondary valuation product for GSE-related transactions. If the CU/LCA risk score was ineligible for GSE RW&E relief, then AMC compared a third valuation product (such as a field review) to the original appraisal.

(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.

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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:

<br> a) <u>Rescission (§1026.23, §1026.15):</u>

<br> i) failure to provide the right of rescission notice;

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

<br> iii) errors in the right of rescission notice;

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

<br> 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

<br> 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.

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

<br> i) review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

<br> ii) proper execution by all required parties;

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

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

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

<br> i) failure to provide the applicable home equity initial and account opening disclosures

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

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

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

<br> 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.

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

<br> i) points and fees threshold test;

<br> ii) APR threshold test;

<br> iii) prepayment penalty threshold test; and

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

<br> f) <u>Higher-priced Mortgage Loan (§1026.35):</u>

<br> i) APR threshold test; and

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

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

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

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

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

<sup>(1)</sup> 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;<br>

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<br> h) <u>Homeownership counseling (§1026.36):</u>

<br> 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.

<br> i) <u>Mandatory Arbitration Clauses (§1026.36):</u>

<br> 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.

<br> j) <u>Prohibition on Financing Credit Insurance (§1026.36):</u>

<br> i) determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

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

<br> 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

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

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

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

<br> i) confirm the presence of the current GFE form in effect at the time of origination;

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

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

<br> 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

<br> v) confirm the presence of a settlement service provider list, as applicable.

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

<br> i) confirm current applicable HUD form was provided;

<br> 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

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

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

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

<br> 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

<br> 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.

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

<br> i) confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

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

<br> 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;

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

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

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

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

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

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

<br> 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):

<br> a) <u>Loan Estimate (LE) (§§1026.19 and 37):</u>

<br> i) confirm the presence of LE for applications on or after October 3, 2015;

<br> 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;

<br> 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;

<br> 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.

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

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

<br> b) <u>Closing Disclosure (CD) (§§1026.19 and 38):</u>

<br> i) confirm the presence of CD for applications on or after October 3, 2015;

<br> 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;

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

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

<br> 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.)

<br> c) <u>Your Home Loan Toolkit (§1026.19):</u>

<br> 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

<br> 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:

<br> a) The general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c));

<br> b) Refinancing of non-standard mortgages (12 C.F.R. 1026.43(d));

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<br> 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

<br> d) Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

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

*<u>Qualified Mortgage</u>*

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

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

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

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

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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 is 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

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information in the mortgage loan file, if the mortgage loan satisfied (i), (ii) and (iii) in the preceding paragraph. In addition, AMC reviews the Automated Underwriting System output within the file to confirm agency eligibility.

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

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

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

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

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

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

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

<br> i) timing and content of the right to receive copy of appraisal disclosure;

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

<br> 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.

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(X) Recording Review

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

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

(XI) FIRREA Review

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

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

(XII) Document Review

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

<br> ◾ Initial application (1003);

<br> ◾ Underwriting summary / loan approval (1008);

<br> ◾ Credit report;

<br> ◾ Income and employment documentation;

<br> ◾ 4506T;

<br> ◾ Asset documentation;

<br> ◾ Sales contract;

<br> ◾ Hazard and/or flood insurance policies;

<br> ◾ Copy of note for any junior liens;

<br> ◾ Appraisal;

<br> ◾ Title/Preliminary Title;

<br> ◾ Final 1003;

<br> ◾ Changed circumstance documentation;

<br> ◾ Right of Rescission Disclosure;

<br> ◾ Mortgage/Deed of Trust;

<br> ◾ Note;

<br> ◾ Mortgage Insurance;

<br> ◾ Tangible Net Benefit Disclosure;

<br> ◾ Subordination Agreement;

<br> ◾ FACTA disclosures;

<br> ◾ Notice of Special Flood Hazards;

<br> ◾ Initial and final GFE's;

<br> ◾ HUD from sale of previous residence;

<br> ◾ Final HUD-1;

<br> ◾ Initial TIL;

<br> ◾ Final TIL;

<br> ◾ Loan Estimates;

<br> ◾ Closing Disclosures; and

<br> ◾ Certain other disclosures related to the enumerated tests set forth herein.

(8) Other: review and methodology.

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**Modification Review:** AMC conducted a review of the modification, or modifications, contained within the mortgage loan file.

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

(9) Disclaimer.

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

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

#### SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW
The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of Fitch Ratings, Inc. ("Fitch").

#### OVERALL REVIEW RESULTS SUMMARY
There were twelve (12) mortgage loans in the securitization population reviewed by AMC. After all documents were presented, under the applicable Fitch NRSRO grading criteria five (5) (41.67%) had an Overall grade of "A", seven (7) (58.33%) had an Overall grade of "B", and no loans had exceptions that generated an Overall grade of "C".

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| **NRSRO Grade (Fitch)** | **# of Loans** | **Percentage of Loans** |
| A | 5 | 41.67% |
| B | 7 | 58.33% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |

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#### CREDIT REVIEW RESULTS SUMMARY
Nine (9) (75.00%) mortgage loans of the total received an "A" Credit Review grade. The three (3) (25.00%) "B" Credit Review grades were due to missing documentation and/or guideline adherence (see exception detail below). Exceptions were offset by strong compensating factors such as high disposable income, low LTV, and/or high liquid assets.

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| **NRSRO Grade (Fitch)** | **# of Loans** | **Percentage of Loans** |
| A | 9 | 75.00% |
| B | 3 | 25.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |

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#### COMPLIANCE REVIEW RESULTS SUMMARY
Under the applicable Fitch NRSRO grading criteria, five (5) (41.67%) had a Compliance Review grade of "A", and seven (7) 25.00%) had a Compliance Review grade of "B". Loans with a Compliance Review grade of "B" may have multiple compliance exceptions (see exception detail below); however, none are lower than a grade of "B".

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| **NRSRO Grade (Fitch)** | **# of Loans** | **Percentage of Loans** |
| A | 5 | 41.67% |
| B | 7 | 58.33% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |

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#### PROPERTY/VALUATION REVIEW RESULTS SUMMARY
Under the applicable NRSRO grading criteria all twelve (12) (100.00%) loans had a Property/Valuation grade of "A". None are lower than a grade of "A."

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|:---|:---|:---|
| **NRSRO Grade (Fitch)** | **# of Loans** | **Percentage of Loans** |
| A | 12 | 100.00% |
| B | 0 | 0.00% |
| C | 0 | 0.00% |
| D | 0 | 0.00% |

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#### REVIEW EXCEPTION SUMMARY (12 Mortgage Loans)
The summaries below detail the exceptions from the Compliance, Credit and Property Reviews that would have resulted in a "B", "C", or "D" grade for a given mortgage loan under the NRSRO grading criteria. Please note that exception grades of EV1, EV2, and EV3 may not result in a corresponding "B", "C", or "D" grade per relevant rating agency guidelines due to considerations including statute of limitations and specific characteristics of ratings by a given NRSRO. Also note that some mortgage loans may have multiple exceptions and, as a result, may have an exception or multiple exceptions in any one exception category.

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| **Exception Type** | **Exception Category** | **Total** |
| Compliance<br> B | TRID Defect | 17 |

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| | | | |
|:---|:---|:---|:---|
| | | ATR/QM Defect | 4 |
| | | Flood | 1 |
|  |  | ***Total Compliance Grade (B) Exceptions:*** | ***22*** |
| **Total Compliance Exceptions:** | **Total Compliance Exceptions:** | **Total Compliance Exceptions:** | **22** |
| Credit | B | Guideline | 2 |
| Credit | B | Income / Employment | 1 |
| Credit | B | ***Total Credit Grade (B) Exceptions:*** | ***3*** |
| **Total Credit Exceptions:** | **Total Credit Exceptions:** | **Total Credit Exceptions:** | **3** |
| **Total Property Exceptions:** | **Total Property Exceptions:** | **Total Property Exceptions:** | **0** |
| **Grand Total:** | **Grand Total:** | **Grand Total:** | **25** |

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#### TAPE INTEGRITY REVIEW RESULTS SUMMARY
Of the twelve (12) mortgage loans reviewed, twelve (12) of the mortgage loans had twenty-seven (27) tape discrepancies across ten (10) data fields.

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|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| # of Units | 0 | 12 | 0.00% | 12 |
| Amortization Term | 0 | 12 | 0.00% | 12 |
| Amortization Type | 0 | 12 | 0.00% | 12 |
| City | 0 | 12 | 0.00% | 12 |
| Contract Sales Price | 1 | 12 | 8.33% | 12 |
| Doc Type | 11 | 12 | 91.67% | 12 |
| First Payment Change Date | 0 | 8 | 0.00% | 12 |
| First Payment Date | 0 | 12 | 0.00% | 12 |
| Index Type | 1 | 8 | 12.50% | 12 |
| Interest Only | 0 | 12 | 0.00% | 12 |
| Interest Only Period | 0 | 2 | 0.00% | 12 |
| Interest Rate Initial Cap | 0 | 8 | 0.00% | 12 |
| Interest Rate Initial Floor | 5 | 8 | 62.50% | 12 |
| Interest Rate Life Max | 0 | 8 | 0.00% | 12 |
| Interest Rate Life Min | 0 | 8 | 0.00% | 12 |
| Interest Rate Periodic Cap | 0 | 8 | 0.00% | 12 |
| Interest Rate Periodic Floor | 0 | 8 | 0.00% | 12 |
| Investor: Qualifying Total Debt Ratio | 4 | 12 | 33.33% | 12 |
| Lien Position | 0 | 12 | 0.00% | 12 |
| LTV Valuation Value | 1 | 12 | 8.33% | 12 |
| Margin | 0 | 8 | 0.00% | 12 |
| Maturity Date | 0 | 12 | 0.00% | 12 |
| Next Payment Change Date | 0 | 8 | 0.00% | 12 |
| Note Date | 0 | 12 | 0.00% | 12 |
| Occupancy | 0 | 12 | 0.00% | 12 |
| Original CLTV | 1 | 12 | 8.33% | 12 |
| Original Interest Rate | 0 | 12 | 0.00% | 12 |

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| | | | | |
|:---|:---|:---|:---|:---|
| Original Loan Amount | 0 | 12 | 0.00% | 12 |
| Original LTV | 1 | 12 | 8.33% | 12 |
| Property Type | 1 | 12 | 8.33% | 12 |
| Purpose | 0 | 12 | 0.00% | 12 |
| Refi Purpose | 0 | 1 | 0.00% | 12 |
| Representative FICO | 1 | 12 | 8.33% | 12 |
| State | 0 | 12 | 0.00% | 12 |
| Zip | 0 | 12 | 0.00% | 12 |
| **Total** | **27** | **359** | **7.52%** | **12** |

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#### ADDITIONAL LOAN POPULATION SUMMARY\*

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|:---|:---|:---|:---|:---|
| **Amortization Type** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| Fixed | 4 | 33.33% | $4209999.00 | 29.74% |
| Adjustable | 8 | 66.67% | $9946092.00 | 70.26% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |
| **Lien Position** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| 1 | 12 | 100.00% | $14156091.00 | 100.00% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |
| **Loan Purpose** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| Cash Out: Other/Multi-purpose/Unknown Purpose | 1 | 8.33% | $1650000.00 | 11.66% |
| First Time Home Purchase | 6 | 50.00% | $6349092.00 | 44.85% |
| Other-than-first-time Home Purchase | 5 | 41.67% | $6156999.00 | 43.49% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |
| **Original Term** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| 241-360 Months | 12 | 100.00% | $14156091.00 | 100.00% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |
| **Property Type** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| Single Family Detached | 7 | 58.33% | $10401999.00 | 73.48% |
| Condo, Low Rise | 3 | 25.00% | $2570000.00 | 18.15% |
| Condo, High Rise | 1 | 8.33% | $315000.00 | 2.23% |
| PUD | 1 | 8.33% | $869092.00 | 6.14% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |
| **Occupancy** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |

---

14 \| P a g e

------

![](logo_amc.gif)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Primary | 11 | 91.67% | $13841091.00 | 97.77% |
| Second Home | 1 | 8.33% | $315000.00 | 2.23% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **TPR Loan Designation** | **Loan Count** | **% of Loans** | **Original Balance** | **% of Balance** |
| Non QM | 5 | 41.67% | $7467000.00 | 52.75% |
| Safe Harbor QM (APOR) | 7 | 58.33% | $6689091.00 | 47.25% |
| **Total** | **12** | **100.00%** | **$14156091.00** | **100.00%** |

---

\*Tables may not add to 100% due to rounding.

15 \| P a g e

## Exhibit 99.1

![](logo_situs.jpg)

#### Rating Agency Grades

#### Run Date - 3/XX/2026 3:44:10 PM

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Unique Loan ID** | **Deal Number** | **Original Loan Amount** |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 |  | C<br> A<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 |  | C<br> A<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 |  | C<br> A<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 |  | C<br> A |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 |  | C<br> A |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 |  | C<br> A<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 |  | A<br> C<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 |  | C<br> A |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 |  | C<br> A |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 |  | B<br> C<br> D<br> A |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 |  | C<br> A<br> B |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 |  | C<br> A |

---

## Exhibit 99.1

![](logo_situs.jpg)

---

| |
|:---|
| **Exception Grades** |
| **Run Date - 3/XX/2026 3:44:11 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Unique Loan ID** | **Loan Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234616 |  | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | File is missing Insurance Verification, Tax Verification document. for [redacted] [redacted] #[redacted] [redacted], [redacted][redacted] |  |  |  | Reviewer Comment (2026-01-22): Tax and insurance verification provided, cleared.<br> Seller Comment (2026-01-21): see attached for tax and ins<br> Seller Comment (2026-01-21): title shows taxes , insurance for unit interior attached | 1/XX/2026 3:17:30 PM |  |  | 1<br> C<br> A |  | FL | Second Home | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234531 |  | Credit | Loan Package Documentation | Application / Processing | Flood | FEMA Disaster Issue: The most recent valuation inspection is dated prior to a FEMA disaster. | Most Recent Valuation Inspection Date: ___;<br> Disaster Name: ___;<br> Disaster Declaration Date: ___;<br> Disaster End Date: ___ |  |  |  |  | Reviewer Comment (2026-01-08): Disaster Greater than [redacted]from third party review date | 1/XX/2026 1:18:34 PM |  |  | 1<br> C<br> A |  | FL | Second Home | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234833 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Total of Payments on page [redacted] that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [redacted]). The disclosed Total of Payments in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated total of payments of $[redacted] which exceeds the $[redacted] threshold. | Final Closing Disclosure provided on [redacted] disclosed an inaccurate Total of Payments on page [redacted] that does not match the actual total of payments for the loan. |  |  |  | Reviewer Comment (2026-01-15): Cleared. Updated with correct index type | 1/XX/2026 5:11:06 PM |  |  | 1<br> B<br> A |  | FL | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234831 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Finance Charge on page [redacted] that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated Finance Charge of $[redacted] which exceeds the $[redacted] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [redacted]). | Final Closing Disclosure disclosed a finance charge of $[redacted]; calculated finance charge is $[redacted] Variance is $[redacted] |  |  |  | Reviewer Comment (2026-01-15): Cleared. Updated with correct index type | 1/XX/2026 5:11:06 PM |  |  | 1<br> B<br> A |  | FL | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234830 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure APR Irregular Transaction | TILA-RESPA Integrated Disclosure - Loan Calculations: APR of [redacted]% on Final Closing Disclosure provided on [redacted] is under-disclosed from the calculated APR of [redacted]% outside of [redacted]% tolerance. | Adjustable Interest Rate Table is blank in final Closing Disclosure. |  |  |  | Reviewer Comment (2026-01-15): Cleared. Updated with correct index type | 1/XX/2026 5:11:06 PM |  |  | 1<br> B<br> A |  | FL | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234829 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Disclosed | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [redacted] disclosed an AP Table when not permissible. | Adjustable Interest Rate Table is blank in final Closing Disclosure. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:35:08 AM | 2<br> B |  | FL | Second Home | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234828 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AIR Table Index | TILA-RESPA Integrated Disclosure - Adjustable Interest Rate Table: Final Closing Disclosure provided on [redacted] did not disclose an accurate Index as reflected on the Note. | Adjustable Interest Rate Table is blank in final Closing Disclosure. |  |  |  | Reviewer Comment (2026-01-15): Cleared. Updated with correct index type | 1/XX/2026 5:11:06 PM |  |  | 1<br> B<br> A |  | FL | Second Home | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234804 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | ATR failure due to missing credit report. This exception will be cleared when all ATR related exceptions are cleared. |  |  |  | Reviewer Comment (2026-02-27): After further review, exception cleared. | 2/XX/2026 5:51:02 PM |  |  | 1<br> A |  | FL | Second Home | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234801 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank [redacted]): Unable to verify assets using reasonably reliable third-party records. | Third party document associated. |  |  |  | Reviewer Comment (2026-02-27): After further review, exception cleared.<br> Seller Comment (2026-02-27): Disagree - [redacted] account was used to validate relationship balance. [redacted] account was not needed for reserves, borrower had surplus of [redacted]<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception<br> Reviewer Comment (2026-02-10): Exception remains, please provide [redacted] months bank statements for [redacted] account [redacted]<br> Seller Comment (2026-02-10): doc upload<br> Seller Comment (2026-02-10): [redacted] attached | 2/XX/2026 5:51:02 PM |  |  | 1<br> C<br> A |  | FL | Second Home | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234800 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared when all ATR related exceptions are cleared. |  |  |  | Reviewer Comment (2026-02-27): After further review, exception cleared.<br> Seller Comment (2026-02-27): Disagree - [redacted] account was used to validate relationship balance. [redacted] account was not needed for reserves, borrower had surplus of [redacted]<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception<br> Reviewer Comment (2026-02-10): Exception remains, please provide [redacted] months bank statements for [redacted] account [redacted]<br> Seller Comment (2026-02-10): [redacted] account attached | 2/XX/2026 5:51:02 PM |  |  | 1<br> C<br> A |  | FL | Second Home | Purchase | Lender to provide updated ATR/QM status | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234768 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Additional [redacted]-Day Waiting Period Timing Test - Irregular Transaction | TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least [redacted] days prior to closing dated [redacted] disclosed an inaccurate APR of [redacted]% compared to the actual APR at consummation of [redacted]% and a revised CD disclosing an accurate APR was not received by borrower at least [Redacted] ([redacted]) business days prior to consummation |  |  |  |  | Reviewer Comment (2026-01-15): Cleared. Updated with correct index type | 1/XX/2026 5:11:06 PM |  |  | 1<br> B<br> A |  | FL | Second Home | Purchase | TRID timing exception, no remediation available. | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | 35234767 |  | Compliance | Compliance | Federal Compliance | Flood | Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone | Loan originated post December [redacted] the subject property is in a flood zone, flood insurance is not escrowed. |  |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:28:14 AM | 2<br> B |  | FL | Second Home | Purchase | Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35233777 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Payment Interest Only Until Test | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [redacted] with an increasing payment disclosed the due date of the last payment of interest only that does not match the actual last payment for the loan. | Final Closing Disclosure provided on [redacted] with an increasing payment disclosed the due date of the last payment of interest only that does not match the actual last payment for the loan |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:46:58 AM | 2<br> B |  | NY | Primary | Purchase |  | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35703076 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | VVOE uploaded not dated within [redacted] business days of note date. |  |  |  | Reviewer Comment (2026-02-12): VOE within [redacted] business days, cleared.<br> Seller Comment (2026-02-04): is within [redacted] business days | 2/XX/2026 7:35:41 PM |  |  | 1<br> A |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35259821 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. |  | Borrower has been employed in the same industry for more than [redacted] years.<br> Borrower has verified disposable income of at least $[redacted]<br> Borrower has worked in the same position for more than [redacted] years.<br> Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]<br> The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |  | XXX<br> XXX<br> XXX<br> XXX<br> XXX | Reviewer Comment (2026-02-12): Client has elected to waive.<br> Seller Comment (2026-02-04): has [redacted] months, would need to know what assets you are missing compared to worksheet<br> Reviewer Comment (2026-02-02): Exception remains, asset is insufficient for reserve required.<br> Seller Comment (2026-02-02): see worksheet, has [redacted] mos |  |  | 2/XX/2026 6:21:12 PM | 2<br> C<br> B |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35237265 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | VVOE is more than [redacted] days from date of closing |  |  |  | Reviewer Comment (2026-02-12): VOE within [redacted] business days, cleared.<br> Seller Comment (2026-02-04): is within [redacted] business days<br> Reviewer Comment (2026-02-02): VVOE is not dated within [redacted] calendar days for wages<br> Seller Comment (2026-02-02): uploaded | 2/XX/2026 7:33:04 PM |  |  | 1<br> C<br> A |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35237251 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | VVOE is more than [redacted] days from date of closing |  |  |  | Reviewer Comment (2026-02-27): Reserves failure waived and VOE within [redacted] days, cleared.<br> Seller Comment (2026-02-27): this should be cleared VOE within [redacted] business days.<br> Seller Comment (2026-02-04): is within [redacted] business days (not calendar)<br> Reviewer Comment (2026-02-02): VVOE is not dated within [redacted] calendar days for wages<br> Seller Comment (2026-02-02): uploaded | 2/XX/2026 6:42:55 PM |  |  | 1<br> C<br> A |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35236750 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank [redacted]): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | VVOE not within [redacted] days of closing |  |  |  | Reviewer Comment (2026-02-27): Reserves failure waived and VOE within [redacted] days, cleared.<br> Seller Comment (2026-02-27): This should be cleared based on evidence VOE was within [redacted] buisness days.<br> Seller Comment (2026-02-04): guideline is business days and it does meet that , closing was [redacted] , VOE uploaded was [redacted] , which is within [redacted] days<br> Reviewer Comment (2026-02-02): VVOE is not dated within [redacted] calendar days for wages<br> Seller Comment (2026-02-02): voe | 2/XX/2026 6:42:20 PM |  |  | 1<br> C<br> A |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35233919 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Water due to DTI is mismatch |  |  |  | Reviewer Comment (2026-02-27): Reserves failure waived and VOE within [redacted] days, cleared.<br> Seller Comment (2026-02-04): is within [redacted] business days | 2/XX/2026 6:42:55 PM |  |  | 1<br> C<br> A |  | NY | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35233908 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] calendar days of the Note. | - |  |  |  |  | Reviewer Comment (2026-01-15): Resetting for business days | 1/XX/2026 8:10:57 AM |  |  | 1<br> C<br> A |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | 35233776 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank [redacted]): The Qualification Method used by the lender does not match the ATR payment calculation methods under [redacted](c)([redacted]). |  |  |  |  | Reviewer Comment (2026-02-27): waived<br> Reviewer Comment (2026-01-15): Cleared in error.<br> Reviewer Comment (2026-01-15): Resetting for business days. |  |  | 2/XX/2026 7:24:56 AM | 2<br> B |  | NY | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246371 |  | Credit | Loan Package Documentation | Application / Processing | Flood | FEMA Disaster Issue: The most recent valuation inspection is dated prior to a FEMA disaster. | Most Recent Valuation Inspection Date: ___;<br> Disaster Name: ___;<br> Disaster Declaration Date: ___;<br> Disaster End Date: ___ | The subject property is located in a FEMA Disaster area. A post-disaster inspection verifying there was no damage to the subject property is required |  |  |  | Reviewer Comment (2026-01-08): Disaster greater than [redacted] year from review date<br> Reviewer Comment (2026-01-08): Disaster Greater than [redacted] from third party review date | 1/XX/2026 1:18:34 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246726 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan Designation discrepancy due to missing pre-closing VVOE for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared.<br> Seller Comment (2026-02-04): uploaded again, VVOE shows coborrower started [redacted] to present and confirms position<br> Reviewer Comment (2026-02-02): Unable to verify co-borrower's start date and duration with present employer.<br> Seller Comment (2026-02-02): uploaded | 2/XX/2026 7:56:07 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246707 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Loan Designation discrepancy due to missing pre-closing VVOE for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared.<br> Seller Comment (2026-02-04): uploaded again, VVOE shows coborrower started [redacted] to present and confirms position<br> Reviewer Comment (2026-02-02): Unable to verify co-borrower's start date and duration with present employer.<br> Seller Comment (2026-02-02): uploaded | 2/XX/2026 7:55:23 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246698 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | VVOE not provided within [redacted] days of note date for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared.<br> Seller Comment (2026-02-04): uploaded again, VVOE shows coborrower started [redacted] to present and confirms position<br> Reviewer Comment (2026-02-02): Unable to verify co-borrower's start date and duration with present employer.<br> Seller Comment (2026-02-02): uploaded | 2/XX/2026 7:55:25 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246697 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. |  | Note loan amount of $[redacted] is greater than Guideline maximum loan amount of $[redacted] |  |  |  | Reviewer Comment (2026-02-02): Loan amount updated per more recent guidelines.<br> Seller Comment (2026-02-02): max is $[redacted] | 2/XX/2026 2:01:34 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246670 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Loan Designation discrepancy due to missing pre-closing VVOE for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared. | 2/XX/2026 7:54:50 PM |  |  | 1<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246667 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted]Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:[redacted]Tolerance exceeded for Document Preparation Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Document Preparation Fee increased without a valid change in circumstance. Cure was not provided at closing. |  |  |  | Reviewer Comment (2026-02-27): waive |  |  | 2/XX/2026 9:51:32 AM | 2<br> B |  | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246665 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-[redacted] | Ability to Repay (Dodd-Frank [redacted]): Unable to verify current Wages/W-[redacted] employment status using reasonably reliable third-party records. | VVOE not provided within [redacted] days of note date for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared.<br> Seller Comment (2026-02-04): uploaded again, VVOE shows coborrower started [redacted] to present and confirms position | 2/XX/2026 7:54:50 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | 35246664 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan Designation discrepancy due to missing pre-closing VVOE for the co-borrower. |  |  |  | Reviewer Comment (2026-02-27): B2 VOE provided and cleared.<br> Seller Comment (2026-02-27): This should be cleared all VOE's have been provided that have the start dates as previously submitted.<br> Seller Comment (2026-02-04): uploaded again, VVOE shows coborrower started [redacted] to present and confirms position<br> Reviewer Comment (2026-02-02): Unable to verify co-borrower's start date and duration with present employer.<br> Seller Comment (2026-02-02): uploaded<br> Seller Comment (2026-02-02): voes | 2/XX/2026 7:54:50 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 | 35250122 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. |  |  |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared. Okay per [redacted]guides<br> Seller Comment (2026-02-27): [redacted] reviewed by Mgmt - Borrower had sufficient reserves. Total assets $[redacted] - cash to close [redacted]surplus . the total assets does not include the earnest money of $[redacted].<br> Seller Comment (2026-02-02): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:28:42 AM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 | 35250139 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | [redacted] due to insufficient reserves |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared. Okay per [redacted]guides<br> Seller Comment (2026-02-27): [redacted]disagree based on response to [redacted]<br> Seller Comment (2026-02-02): [redacted]is unable to provide and agrees with exception. | 2/XX/2026 11:29:25 AM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 | 35250140 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | [redacted] due to insufficient reserves |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared. Okay per [redacted]guides<br> Seller Comment (2026-02-27): All documentation has been provided.<br> Seller Comment (2026-02-02): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:29:25 AM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 | 35272865 |  | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided |  | Missing evidence of gift receipt and donor withdrawal in the amount of $[redacted] |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared. Okay per [redacted]guides<br> Seller Comment (2026-02-27): [redacted] does not require the donors statement. Just proof transfer was from the donor. Which is evidenced in the attached. The borrower received wires from husband into [redacted]account.<br> Seller Comment (2026-02-02): [redacted]is unable to provide and agrees with exception. | 2/XX/2026 11:29:30 AM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 | 35274541 |  | Credit | Loan Package Documentation | Application / Processing | Flood | FEMA Disaster Issue: The most recent valuation inspection is dated prior to a FEMA disaster. |  | The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after [redacted] declared end date. |  |  |  | Reviewer Comment (2026-02-07): BPO provided and cleared.<br> Buyer Comment (2026-02-06): BPO Porivded | 2/XX/2026 8:03:24 PM |  |  | 1<br> C<br> A |  | CA | Primary | Refinance - Cash-out - Other |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 | 35281268 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Both are missing from file. Please provide |  |  |  | Reviewer Comment (2026-02-28): Doc provided okay per [redacted]guides<br> Seller Comment (2026-02-27): Added the vesting schedule and the UW worksheet . On page [redacted] of the UW worksheet is the breakdown of the vesting schedule with the price.<br> Seller Comment (2026-02-27): Added the vesting schedule and the UW worksheet . On page [redacted]of the UW worksheet is the breakdown of the vesting schedule with the price.<br> Seller Comment (2026-02-02): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:31:47 AM |  |  | 1<br> C<br> A |  | CA | Primary | Refinance - Cash-out - Other |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 | 35281292 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. |  |  |  |  | Reviewer Comment (2026-02-28): Doc provided okay per [redacted]guides<br> Seller Comment (2026-02-27): Added stock vesting documenation.<br> Seller Comment (2026-02-02): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:33:13 AM |  |  | 1<br> C<br> A |  | CA | Primary | Refinance - Cash-out - Other |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 | 35281293 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Loan Designation of QM (APOR) Risk due to missing Restricted Stocks Income documentation. |  |  |  | Reviewer Comment (2026-02-28): Doc provided okay per [redacted]guides<br> Seller Comment (2026-02-27): Added [redacted] documents<br> Seller Comment (2026-02-02): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:33:13 AM |  |  | 1<br> C<br> A |  | CA | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255660 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | 4506-C is missing |  |  |  | Reviewer Comment (2026-03-05): Client waived signed 4506-C exception, cleared.<br> Reviewer Comment (2026-02-28): Assigned to buyer, seller cannot provide signed 4506-C.<br> Seller Comment (2026-02-27): Disagree based on response to related exception<br> Reviewer Comment (2026-02-11): Assigned to buyer, seller agrees with finding.<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception. | 3/XX/2026 2:25:09 PM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255607 |  | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. |  | Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. |  |  |  | Reviewer Comment (2026-02-11): After further review, exception cleared.<br> Seller Comment (2026-02-11): E-Signed Closing Disclosure dated [redacted]:<br> \*Required Funds to Close: $[redacted]<br> \*EMD (Earnest Money Deposit) Verified: -$[redacted]<br> \*Net Funds Needed: $[redacted]<br> \*Reserves Required: +$[redacted]<br> \*Total Funds Needed (including reserves): $[redacted]<br> Verified Assets:<br> \*[redacted] 401K ([redacted]%): $[redacted]<br> \*[redacted] #[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted] #[redacted]: $[redacted][redacted]<br> \*Total Verified Assets: $[redacted]<br> $[redacted] remaining reserves post Closing<br> Seller Comment (2026-02-11): E-Signed Closing Disclosure dated [redacted]:<br> \*Required Funds to Close: $[redacted]<br> \*EMD (Earnest Money Deposit) Verified: -$[redacted]<br> \*Net Funds Needed: $[redacted]<br> \*Reserves Required: +$[redacted]<br> \*Total Funds Needed (including reserves): $[redacted]<br> Verified Assets:<br> \*[redacted] 401K ([redacted]%): $[redacted]<br> \*[redacted] #[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*[redacted]#[redacted]: $[redacted]<br> \*Total Verified Assets: $[redacted]<br> $[redacted] remaining reserves post Closing<br> Reviewer Comment (2026-01-30): As per the final 1003, the balance in [redacted] account #[redacted] is not considered for cash-to-close requirement. After considering asset balance, there is still a shortfall, and the borrower does not meet the required cash-to-close amount. Additional asset documentation is needed to cover the remaining cash-to-close amount of $[redacted]. Exception remains<br> Seller Comment (2026-01-28): see pg [redacted] worksheet verified assets exceed cash needed on disclosure<br> Seller Comment (2026-01-28): see verified assets on pg [redacted] of uw worksheet see final closing disclosure for cash needed from borrower at close | 2/XX/2026 6:04:32 PM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255517 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___<br> ___ | 4506-C ([redacted]), 4506-C ([redacted]) missing | Borrower has been employed in the same industry for more than [redacted] years.<br> Borrower has verified disposable income of at least $[redacted].<br> Borrower has worked in the same position for more than [redacted] years.<br> Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months.<br> Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted].<br> The representative FICO score exceeds the guideline minimum by at least [redacted] points. |  | XXX<br> XXX<br> XXX<br> XXX<br> XXX<br> XXX | Reviewer Comment (2026-03-05): Waived per client guidance.<br> Reviewer Comment (2026-02-28): Assigned to buyer, seller cannot provide signed 4506-C.<br> Seller Comment (2026-02-27): [redacted] Mgmt review - agree the 4506 is required to be signed but was not being submitted to IRS for validation based on proper documentation submitted. This is not a significant finding.<br> Reviewer Comment (2026-02-11): Assigned to buyer, seller agrees with finding.<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception. |  |  | 3/XX/2026 2:23:55 PM | 2<br> C<br> B |  | NJ | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255491 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Water Testing Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | [redacted] Percent Fee Tolerance exceeded for Water Testing Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-02-27): waive |  |  | 2/XX/2026 8:45:40 AM | 2<br> B |  | NJ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255487 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Total of Payments on page [redacted] that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [redacted]). The disclosed Total of Payments in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated total of payments of $[redacted] which exceeds the $[redacted] threshold. | The disclosed Total of Payments in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated total of payments of $[redacted] which exceeds the $[redacted] threshold. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 10:28:51 AM | 2<br> B |  | NJ | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255488 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:[redacted] Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[redacted]exceeds tolerance of $-[redacted]. Insufficient or no cure was provided to the borrower. | Final Lender Credit of $-[redacted] exceeds tolerance of $-[redacted]. no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 8:30:31 AM | 2<br> B |  | NJ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255483 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | 4506-C is missing |  |  |  | Reviewer Comment (2026-03-05): Client waived signed 4506-C exception, cleared.<br> Reviewer Comment (2026-02-28): Assigned to buyer, seller cannot provide signed 4506-C.<br> Seller Comment (2026-02-27): Disagree exception is not significant as documentation in the file supports borrowers income.<br> Reviewer Comment (2026-02-11): Assigned to buyer, seller agrees with finding.<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception. | 3/XX/2026 2:25:09 PM |  |  | 1<br> C<br> A |  | NJ | Primary | Purchase | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255486 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Finance Charge on page [redacted] that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated Finance Charge of $[redacted] which exceeds the $[redacted] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [redacted]). | The disclosed Finance Charge in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated Finance Charge of $[redacted] which exceeds the $[redacted] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure |  |  |  | Reviewer Comment (2026-01-20): Updated fee name, cleared. | 1/XX/2026 5:57:12 PM |  |  | 1<br> B<br> A |  | NJ | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | 35255485 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $[redacted]is over disclosed by $[redacted]compared to the calculated Amount Financed of $[redacted] and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated [redacted]). | The disclosed Amount Financed in the amount of $[redacted] is over disclosed by $[redacted] compared to the calculated Amount Financed of $[redacted] and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure |  |  |  | Reviewer Comment (2026-01-20): Updated fee name, cleared. | 1/XX/2026 5:57:12 PM |  |  | 1<br> B<br> A |  | NJ | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261956 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table First Change Period | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [redacted] incorrectly disclosed the First Change period according to the disclosed Loan Product. | Adjustable Payment Table: Final Closing Disclosure provided on [redacted] incorrectly disclosed the First Change period according to the disclosed Loan Product. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:35:22 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35291898 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Non QM DTI significantly exceeds Guidelines | Ability to Repay (Dodd-Frank [redacted]): The DTI calculated in accordance with the [redacted](c)([redacted]) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV[redacted]-B.) | Waterfall due to DTI exceeding maximum allowable of [redacted]%. Lender used higher qualifying income for RSU. |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared.<br> Reviewer Comment (2026-02-28): Assigned to buyer<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception | 2/XX/2026 11:49:38 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35291897 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank [redacted]): The Qualification Method used by the lender does not match the ATR payment calculation methods under [redacted](c)([redacted]). | Waterfall due to DTI exceeding maximum allowable of [redacted]%. Lender used higher qualifying income for RSU. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:24:56 AM | 2<br> B |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261961 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan will have an escrow account. | Loan Disclosures: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan will have an escrow account. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 8:03:43 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261960 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan will have an escrow account. | Loan Disclosures: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan will have an escrow account. Loan does not have an escrow account; page [redacted] of Closing Disclosure shows the loan as having an escrow account. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 8:01:57 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261959 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Product Feature Test | TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [redacted] did not disclose a Product Feature for a loan that contains a product feature. | General Information: Final Closing Disclosure provided on [redacted] did not disclose a Product Feature for a loan that contains a product feature. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:52:37 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261958 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Maximum Payment | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [redacted] disclosed a Maximum Payment amount and period that does not match the actual terms for the loan. | Adjustable Payment Table: Final Closing Disclosure provided on [redacted] disclosed a Maximum Payment amount and period that does not match the actual terms for the loan. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:35:55 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261957 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Interest Only Payment | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan contains Interest Only Payments. | Adjustable Payment Table: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan contains interest-only payments. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:35:32 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261955 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Disclosed | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on [redacted] disclosed an AP Table when not permissible. | Adjustable Payment Table: Final Closing Disclosure provided on [redacted] disclosed an Adjustable Payment Table when not permissible. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:35:08 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261954 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Waterfall due to DTI exceeding maximum allowable of [redacted]%. Lender used higher qualifying income for RSU. |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared. | 2/XX/2026 11:52:17 AM |  |  | 1<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261953 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank [redacted]): Unable to verify assets using reasonably reliable third-party records. | Waterfall due to DTI exceeding maximum allowable of [redacted]%. Lender used higher qualifying income for RSU. |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared.<br> Reviewer Comment (2026-02-28): Assigned to buyer.<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception | 2/XX/2026 11:52:17 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261952 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to DTI exceeding maximum allowable of [redacted]%. Lender used higher qualifying income for RSU. |  |  |  | Reviewer Comment (2026-02-28): After further review, exception cleared.<br> Seller Comment (2026-02-27): [redacted] Mgmt - please provide additional detail on how the DTI is over [redacted]%. Reviewing the Data Compare and Loan Summary tab the DTI calculated by [redacted] is [redacted]. DTI calculated by [redacted] is [redacted].<br> Seller Comment (2026-02-11): [redacted] is unable to provide and agrees with exception | 2/XX/2026 11:52:17 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261941 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year [redacted] Underdisclosed - October [redacted] | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year [redacted] of on Final Closing Disclosure provided on [redacted] are underdisclosed | Amount of Estimated Property Costs over Year [redacted] of on Final Closing Disclosure provided on [redacted] are underdisclosed. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:58:07 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261940 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Product Testing | TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [redacted] disclosed a Product that does not match the actual product for the loan. Additional AIR/AP table failures could apply for loans with an adjustable rate or adjustable payment with incorrect Product disclosure. | Final Closing Disclosure provided on [redacted] disclosed a Product that does not match the actual product for the loan. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:52:45 AM | 2<br> B |  | CA | Primary | Purchase | Letter of Explanation, Re-Disclose Correct Information | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261939 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Payment Interest Only Until Test | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on [redacted] with an increasing payment disclosed the due date of the last payment of interest only that does not match the actual last payment for the loan. | Final Closing Disclosure provided on [redacted] with an increasing payment disclosed the due date of the last payment of interest only that does not match the actual last payment for the loan. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:46:58 AM | 2<br> B |  | CA | Primary | Purchase |  | Non QM | Non QM | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | 35261937 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Restricted Stock Units (RSU) Income | Ability to Repay (Dodd-Frank [redacted]): Use of Restricted Stock Units (RSU) income requirements not met. |  |  |  |  | Reviewer Comment (2026-02-11): RSU provided, cleared.<br> Seller Comment (2026-02-11): doc upload<br> Seller Comment (2026-02-11): RSU attached | 2/XX/2026 4:07:53 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Non QM | Non QM | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35293884 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Missing VOE within [redacted] days of the Closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:36:29 AM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35293878 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank [redacted]): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing VOE within [redacted] calendar days of the Note date. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Uploaded screenshot of VOE screen<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:35:55 AM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35293877 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing VOE within [redacted] calendar days of the Note date. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Uploaded screenshot of VOE screen<br> Reviewer Comment (2026-02-06): assign to buyer<br> Reviewer Comment (2026-02-03): VVOE is required to clear this condition - Exception remains.<br> Seller Comment (2026-02-03): [redacted] is unable to provide and agrees with exception.<br> Seller Comment (2026-01-30): Send to Buyer | 2/XX/2026 11:35:10 AM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35277817 |  | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements not satisfied. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared. | 2/XX/2026 11:35:55 AM |  |  | 1<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35277816 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-[redacted] | Ability to Repay (Dodd-Frank [redacted]): Unable to verify current Wages/W-[redacted] employment status using reasonably reliable third-party records. | Unable to verify current Wages/W-[redacted] employment status using reasonably reliable third-party records |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Added screenshot of [redacted] loan origination system VOE screen. Employment was verified by phone.<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:35:55 AM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35277815 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): uploaded screenshot of VOE screen<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:35:55 AM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | 35277818 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:[redacted] Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted] exceeds tolerance of $[redacted] Insufficient or no cure was provided to the borrower. | [redacted]Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted] exceeds tolerance of $[redacted] Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (2026-01-22): [redacted] received valid COC document<br> Seller Comment (2026-01-22): Valid coc for decrease in lender credit - audit log attached<br> Seller Comment (2026-01-22): valid coc for decrease in lender credit. audit log attached. | 1/XX/2026 11:43:49 PM |  |  | 1<br> C<br> A |  | WA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35275959 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Employment - Schedule C | General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. |  |  |  |  | Reviewer Comment (2026-03-03): Provided | 3/XX/2026 8:10:07 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35275961 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least [Redacted] ([redacted]) business days prior to closing. |  |  |  |  |  | 1/XX/2026 2:40:26 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | No Defined Cure | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35275964 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. |  |  |  |  | Reviewer Comment (2026-03-03): Provided<br> Seller Comment (2026-03-02): Added screenshot of website search of B1 business and screenshot of loan origination system showing when both VOE's were uploaded | 3/XX/2026 8:10:52 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35285245 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  |  |  |  |  | Reviewer Comment (2026-03-03): Provided and cleared | 3/XX/2026 8:09:21 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35285246 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - QM Impact | General QM: There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) |  |  |  |  | Reviewer Comment (2026-03-03): Provided | 3/XX/2026 8:10:07 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | 35285247 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. |  |  |  |  | Reviewer Comment (2026-03-03): Provided | 3/XX/2026 8:10:52 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 | 35277981 |  | Credit | Data Verification | General | Data Verification | The Investor's qualifying total debt ratio is less than the QM qualifying total debt ratio. | Investor's qualifying DTI: ___<br> QM qualifying DTI: ___ | Discrepancy for debt to income ratios is coming from lower bonus income, within tolerance. |  |  |  | Reviewer Comment (2026-02-07): Okay per [redacted] guidelines | 2/XX/2026 7:27:08 PM |  |  | 1<br> B<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 | 35277380 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Valid change of circumstance was not provided. |  |  |  | Reviewer Comment (2026-02-27): waived<br> Seller Comment (2026-02-04): Closing with a POA was not known until closing and all evidence has been provided to document the timely disclosure of recording fee.<br> Reviewer Comment (2026-01-28): [redacted] received LOE for CD dated [redacted]/[redacted] however as fee increased on [redacted]/[redacted] CD, we require valid COC document for increase of fee on CD dated [redacted]/[redacted] or cure would be required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.<br> Seller Comment (2026-01-27): The CD issued [redacted] was prepared based off a fee sheet received from closing agent on [redacted]/[redacted] this is when we were alerted that a POA was being used and the fee was disclosed. The closer and closing agent go over fees before closing until they reconcile. Since we were notified a POA was being used, the closing was delayed until [redacted]/[redacted] to prepare new docs and have the POA Approved. The POA recording fee is reflected in the mortgage fee of $[redacted] on the Closing CD.<br> Reviewer Comment (2026-01-27): [redacted]: provided valid LOX indicates POA change of circumstance on [redacted] and the fee was disclosed with the executed CD issued on [redacted]. However, please see doc ID D[redacted] the recording fee disclosed of $[redacted] prior to LOX (COC) dated [redacted], for which we do not have a valid COC to re-baseline this exception. If there was an additional reason the fee was increased, we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure.<br> Seller Comment (2026-01-26): Please see screenshots attached both showing borrower's name. COC screenshot also shows Account Number. POA change of circumstance [redacted]. It was disclosed with the Executed CD issued [redacted]. Not an APR change. No need to wait [redacted] days.<br> Reviewer Comment (2026-01-26): [redacted] received final SS but still the COC for CD dated [redacted]/[redacted] is not received the available snip provided is dated [redacted] day after the changes were made. The changes on CD were made prior to the change. Also, from snip we are unable to identify the borrower identity/Property address/loan number. Please provide more information to validate when lender has received the change information and COC document to re-baseline the fee.<br> Seller Comment (2026-01-23): Attached fee statement from Settlement agent to prepare CD, which shows the POA recording fee, that is when we found out that they were closing with a POA, hence POA was approved by us after that date. Fee was disclosed timely.<br> Reviewer Comment (2026-01-21): [redacted] received rebuttal and snip to show the POA was added on [redacted] but as per file the recording fee increased from $[redacted] to $[redacted] on CD dated [redacted]. Please provide COC for CD dated [redacted]/[redacted].<br> Seller Comment (2026-01-20): No tolerance - POA disclosed with Executed CD issued [redacted] and executed [redacted]. See attached documentation. |  |  | 2/XX/2026 10:06:37 AM | 2<br> C<br> B |  | WA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 | 35277303 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Qualification Method not Matching QM | General QM: The Qualification Method used by the lender does not match the QM payment calculation method. | Loan was qualified using greater of fully indexed or Note rate + [redacted]%, however QM requires maximum payment in [redacted]st [Redacted] years. |  |  |  | Reviewer Comment (2026-02-27): waived |  |  | 2/XX/2026 7:26:22 AM | 2<br> B |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 | 35277146 |  | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] |  | CU score is [redacted] and LCA score is [redacted]. |  |  |  | Reviewer Comment (2026-02-07): BPO provided and cleared.<br> Buyer Comment (2026-02-06): BPO provided. | 2/XX/2026 7:26:44 PM |  |  | 1<br> D<br> A |  | WA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243331 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Calculated investor qualifying total debt ratio of [redacted] % exceeds Guideline total debt ratio of [redacted] %. Approved Lender Exception for DTI to max [redacted]% |  |  |  | Reviewer Comment (2026-01-28): Lender exception approved for DTI<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception | 1/XX/2026 2:06:13 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243332 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor DTI moderately exceeds Guidelines | General QM: The DTI calculated in accordance with the Lenders Guidelines of [redacted] % moderately exceeds the guideline maximum of [redacted]%. (DTI Exception is eligible to be regraded with compensating factors.) | Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Approved Lender Exception for DTI to max [redacted]% | The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Borrower has verified disposable income of at least $[redacted]. | Client elects to waive.<br> Client elects to waive. | XXX<br> XXX | Reviewer Comment (2026-01-28): Client elects to waive with compensating factors: FICO [redacted] and Residual income >$[redacted].<br> Seller Comment (2026-01-26): doc upload<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception |  |  | 1/XX/2026 2:04:10 PM | 2<br> C<br> B |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243360 |  | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Total of Payments on page [redacted] that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [redacted]). The disclosed Total of Payments in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated total of payments of $[redacted] which exceeds the $[redacted]threshold. | Corrected on PCCD issued [redacted] |  |  |  | Reviewer Comment (2026-03-05): [redacted] received Estimated & Final Settlement statement and lender certification that fees were best available from borrower chosen provider and confirmed on est settlement statement.<br> Seller Comment (2026-02-18): Sending this to buyer for review. It is [redacted] stance that the CD provided on [redacted] was based on the best information available to at the time. The borrower elected to shop for title services and after closing [redacted] was provided with updated fees which removed the courier fee of $[redacted], added notary fee of $[redacted], and reduced the recording service fee to $[redacted] for a total difference of $[redacted]. A PCCD was provided to the consumer within the regulatory timeframe with the updated amount based on new information.<br> Reviewer Comment (2026-02-13): [redacted] had received estimated & final settlement statements and lender certification that fee changes on PCCD were fees not known to lender at preparation of the final CD. TOP has been calculated based on the PCCD as final for fees. However, TOP was underdisclosed by $[redacted]. Unable to determine lender's calculation and differences to [redacted] (no amoritzation schedule, TOP calculations or complaince report to refer to). [redacted] has calculated TOP as follows based on the [redacted] PCCD fees: Payments total [redacted] payments at $[redacted] = [redacted] + [redacted] payments @ [redacted] ([redacted] change on ARM P&I calc) = $[redacted]+ final payment of $[redacted]+ Section [redacted] total $[redacted]+ prepaid Interst $[redacted]= Total of Payments calculation of $[redacted]. Possibly there is a difference in the payment stream calculation for the [redacted] ARM P&I but missing an amortization schedule to confirm & to confirm lender's calculation of that payment & index used. Please provide calculations & documentation of calculation. [redacted] day remains for cure.<br> Seller Comment (2026-02-12): Please advise what is required on this file to clear this exception. Thanks,<br> Reviewer Comment (2026-02-10): [redacted] received Estimated settlement statement from borrower chosen settlement agent and lender attestation that these were the fees disclosed that were provided for the preparation of the final CD and the change in fees were not known at the time of the final CD preparation.<br> Seller Comment (2026-02-09): Attached docs<br> Seller Comment (2026-02-09): Attached Preliminary Fee sheet used for the CD at closing, Final Settlement statement received after disbursement of funds and letter of explanation. We issue a PC CD to reflect actual fees charged that were unknown at the time of preparing the closing CD. The added fees are typically Title fees and since borrower shopped, are unlimited.<br> Reviewer Comment (2026-02-05): [redacted] received rebuttal that differences in fees based on new information received by lender from closing agent not known previously. If changes in fee amounts reflected on the PCCD result from events that occurred after closing not reasonably known to the creditor at time of disclosure of the final CD after exercising diligence in obtaining such information, [redacted] will review and consider an LOE, attestation, and documentation supporting fee changes are based on post consummation events that could not reasonably be known to creditor and that the disclosed figures were correct at the time of consummation. An estimated settlement statement just before closing from settlement agent to lender reflecting their fees would serve as that type of documentation. Please provide attestation as noted and documentation utilized/provided to lender for final CD fee disclosure.<br> Seller Comment (2026-02-04): The difference in fees is based on new information received by [redacted] from the Closing Agent that was not known at the timing of providing the Closing Disclosure. [redacted] issued a revised post-closing CD to the borrower within the regulatory timing.<br> Reviewer Comment (2026-01-29): PCCDs are considered corrections. The [redacted] CD shows an increase in TOP and must be considered a correction from the [redacted] CD requiring the reopening of rescission and proof of receipt of the RTC. TRID GRID [redacted] Additional Considerations [redacted]) states ...TPRs will assume at initial review that fee changes reflected on PCCDs are corrections (similar to corrected HUD-1s), not updates of fees resulting from changes occurring after closing (lender incorrectly disclosed fees they were aware of or should have been aware of on final CD and issued a PCCD reflecting actual fees that should have been disclosed on final CD). Accordingly, TPR will calculate the APR, Finance Charge and TOP based on corrected fees on PCCD and cite exceptions if APR, Finance Charge and TOP disclosed on final CD are inaccurate based on fees shown on PCCD, an EV3-C exception will be cited if APR, Finance Charge, TOP on final CD are outside of tolerance for accuracy based on fees on most recent PCCD issued within [redacted] days of consummation (PCCD greater than [redacted] days from consummation will require accompanying ALTA settlement statement to confirm figures disclosed to be used for testing) unless: 1) discrepancy results from change in interim and due to difference in anticipated vs. actual disbursement date; or 2) there is a corresponding lender credit/cure for the amount of the increase in fees paid by borrower reflected on PCCD; Otherwise, TILA [redacted] correction with LOE, refund or adjustment to ensure borrower does not pay more than amount disclosed, and proof of delivery required to cure to EV2-B. For rescindable transactions, re-opening of rescission and proof of receipt by borrower also required. Additionally, [redacted] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Similar to pre-TRID reviews or reviews of loans not subject to TRID, the APR, Finance Charge, TOP and other material disclosures disclosed on the TIL Disclosure provided at consummation are compared to the actual APR, Finance Charge and TOP at consummation (using the fees from the final HUD in file which could be dated post consummation on a dry state). The accuracy of material disclosures is based on the disclosures provided at or before consummation, not based on a TIL provided post consummation.<br> Seller Comment (2026-01-28): The PCCD was sent as a result of the FINAL setlement statement received after cloisng, which increased the fees in Section C of the CD. This is an unlimited fee bucket since borrower shopped for Title. No cure is due.<br> Reviewer Comment (2026-01-27): [redacted] received rebuttal that floor cap calculation incorrect. However, the issue relates to the increase in closing costs to borrower in Section [redacted] total on PCCD. Fees were greater and caused the final CD to be underdisclosed by $[redacted]which is over the tolerance threshold on final CD. Cure with Corrected CD, LOE to borrower, copy of cure refund of $[redacted] and proof of mailing.<br> Seller Comment (2026-01-26): The Floor rate will never go lower than the margin of [redacted]%, this should be used to calculate TOP. | 3/XX/2026 4:00:40 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243364 |  | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Approved Lender Exception for DTI to max [redacted]% | The representative FICO score exceeds the guideline minimum by at least [redacted] points.<br> Borrower has verified disposable income of at least $[redacted]. | Client elects to waive.<br> Client elects to waive. | XXX<br> XXX | Reviewer Comment (2026-01-28): Client elects to waive with compensating factors: FICO [redacted] and Residual income >$[redacted].<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception |  |  | 1/XX/2026 2:02:38 PM | 2<br> C<br> B |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243385 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Approved Lender Exception for DTI to max [redacted]% |  |  |  | Reviewer Comment (2026-01-28): Client elects to waive with compensating factors: FICO [redacted] and Residual income >$[redacted].<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception | 1/XX/2026 2:04:53 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243660 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Income documentation requirements not met due to calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Approved Lender Exception for DTI to max [redacted]% |  |  |  | Reviewer Comment (2026-01-28): Client elects to waive with compensating factors: FICO [redacted] and Residual income >$[redacted].<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception | 1/XX/2026 2:03:05 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | 35243668 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - QM Impact | General QM: There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Approved Lender Exception for DTI to max [redacted]% |  |  |  | Reviewer Comment (2026-01-28): Client elects to waive with compensating factors: FICO [redacted] and Residual income >$[redacted].<br> Seller Comment (2026-01-26): [redacted] granted a DTI Exception | 1/XX/2026 2:03:52 PM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | 35276118 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Missing a verbal VOE for all self-employed income within [redacted] days prior to closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Uploaded under exception ID<br> [redacted]<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:55:17 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase | Lender to provide updated ATR/QM status | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | 35276119 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Employment - S-Corp | General QM: Unable to verify current S-Corp status using reasonably reliable third-party records. | Missing a verbal VOE for all self-employed income within [redacted] days prior to closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Business search was completed on [redacted]. Uploaded search and screenshot of upload to loan origination system for evidence of being within [redacted] days of closing.<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:54:31 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | 35285199 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - QM Impact | General QM: There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing a verbal VOE for all self-employed income within [redacted] days prior to closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-27): Uploaded under exception ID<br> [redacted]<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:54:31 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | 35285200 |  | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing a verbal VOE for all self-employed income within [redacted] days prior to closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception.<br> Reviewer Comment (2026-01-30): Third party verification of borrower's employment sources not dated within [redacted] days.<br> Seller Comment (2026-01-29): Borrower is only [redacted]% owner of [redacted] and [redacted]% owner of [redacted] [redacted] - not considered Self-Employed.<br> Reviewer Comment (2026-01-29): Please provide VOE for all [redacted] businesses within [redacted] days prior to closing, Exception remains.<br> Seller Comment (2026-01-28): Our policy is that the VOE is completed within [redacted] business days not calendar days, as documented in the exceptions. | 2/XX/2026 11:53:49 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | 35285201 |  | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor Guidelines Violation | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Missing a verbal VOE for all self-employed income within [redacted] days prior to closing. |  |  |  | Reviewer Comment (2026-02-28): VVOE provided and cleared.<br> Seller Comment (2026-02-12): [redacted] is unable to provide and agrees with exception. | 2/XX/2026 11:55:17 AM |  |  | 1<br> C<br> A |  | CA | Primary | Purchase |  | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No |

---

## Exhibit 99.1

![](logo_situs.jpg)

#### Valuation Report

#### Run Date - 3/XX/2026 3:44:11 PM

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Unique Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | 2.90 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | 1.10 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 2.60 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | -10.200% |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | 3.10 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | 1.10 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | 1.00 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  | 1.380% |  |  | BPO |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.380% |  |  |  |  |  |  |  |  | No | 3.50 | 3.00 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | 1.00 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 |  |  |  |  |  |  | 0.000% |  |  |  | Appraisal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | 1.00 |

---

## Exhibit 99.1

![](logo_situs.jpg)

#### Supplemental Data

#### Run Date - 3/XX/2026 3:44:11 PM

---

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| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Investor Loan Number** | **Unique Loan ID** | **TILA Status Loan Designation** | **Exempt QM/ATR Equivalency** | **CDFI Bank Originated Loan** | **Application Date** | **TRID Tested** | **GSE** | **HOEPA Fees** | **TILA Fees** | **Rate Lock Date** | **Calculated APR** | **Original P&I** | **Qualifying P&I** | **Qualifying Rate** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower2 Length of Employment** | **Co Borrower3 Length of Employment** | **Borrower Foreign National Indicator** | **Co Borrower Foreign National Indicator** | **Co Borrower 2 Foreign National Indicator** | **Co Borrower 3 Foreign National Indicator** | **Borrower Country Name** | **Co Borrower Country Name** | **Co Borrower2 Country Name** | **Co Borrower3 Country Name** | **Residual Income** | **Num Units** | **Annual Property Tax** | **Annual Insurance Costs** | **Monthly Property Tax** | **Monthly Insurance Costs** | **HOA Name** | **HOA Address State** | **Fee Amount** | **Next Due Date** | **HOA Payment Frequency** | **Investor DTI** | **QM DTI** | **Non QM DTI** | **Original Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Updated Credit Report Date** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Most Recent Updated Co Borrower 2 FICO** | **Most Recent Updated Co Borrower 3 FICO** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Asset Depletion Flag** | **Bank Statements Flag** | **Number of Statements** | **Type of Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **P&L Type** | **Income Doc Detail** | **Tax Return Doc Details** | **Document Level** | **Document Type** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy (7, 11)** | **Months Bankruptcy (13)** | **Most Recent Deed-in - Lieu Date** | **Number of Deed-in-Lieu Events** | **Months Deed-in-Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Guideline Name** | **UW Guideline Author** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **HUD 1 Page 1 Credits Total** | **Collateral Underwriter Risk Score** | **AUS Decision System** | **Property Inspection Waiver (PIW)** | **Rating Result** | **Eligible For Rep and Warrant Relief Per Collateral Advisor** | **Is Equity Shared Loan** | **Investor Qualifying Rate** | **Borrower Years of W2s** | **CoBorrower Years of W2s** | **Years of Personal Tax Returns** | **Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Months of Personal Bank Statements** | **Months of Business Bank Statements** | **Months of Profit and Loss Statements** | **Expense Letter** | **Total DSCR** | **Total Inverse DSCR** | **Subordinate Lien Type** | **Is Shared Appreciation Mortgage** | **Duration of Payout Months** | **Seller VSH Indicator** | **Seller Indicated VSH Guideline** | **Validated VSH** | **IO Remaining Amortization Term at Recast** | **Maturity Date** | **Borrower Own Funds Cash Amount** | **Borrower Own Funds Percent** | **Is the Note an eNote** | **Borrower WVOE - # of Months of Income provided** | **Co Borrower WVOE - # of Months of Income provided** | **Co Borrower2 WVOE - # of Months of Income provided** | **Co Borrower3 WVOE - # of Months of Income provided** | **Were the origination guidelines utilized for this diligence review?** | **Title Evidence** | **Ownership Type** | **Borrower Type** | **Borrower Designation** | **Co Borrower Type** | **Co Borrower Designation** | **Co Borrower2 Type** | **Co Borrower2 Designation** | **Co Borrower3 Type** | **Co Borrower3 Designation** | **Senior Lien Position** | **Senior Lien Original Loan Amount** | **Senior Lien Original Interest Rate** | **Senior Lien Note Projected Closing Date** | **Senior Lien Current Balance** | **Senior Lien Current P&I** | **Loan Closed in the Name of an Entity** | **Note Executed by** | **Assumable Mortgage Flag** | **Leasehold Flag** | **Buydown Flag** | **Borrower Experian FICO Model Used** | **Borrower Equifax FICO Model Used** | **Borrower TransUnion FICO Model Used** | **Co Borrower Experian FICO Model Used** | **Co Borrower Equifax FICO Model Used** | **Co Borrower TransUnion FICO Model Used** | **Co Borrower2 Experian FICO Model Used** | **Co Borrower2 Equifax FICO Model Used** | **Co Borrower2 TransUnion FICO Model Used** | **Co Borrower3 Experian FICO Model Used** | **Co Borrower3 Equifax FICO Model Used** | **Co Borrower3 TransUnion FICO Model Used** | **Borrower Documentation Used to Determine Legal Residency** | **Co Borrower Documentation Used to Determine Legal Residency** | **Co Borrower2 Documentation Used to Determine Legal Residency** | **Co Borrower3 Documentation Used to Determine Legal Residency** | **Delayed Financing?** | **Months Reserves** | **Correspondent Type** | **Departure Residence** | **Rate Increase on Default** | **MERS Min Number** | **Co Borrower Other Income** | **Co Borrower Wage Income** | **Primary Housing Lates 0 6 Months 30** | **Primary Housing Lates 0 6 Months 60** | **Primary Housing Lates 0 6 Months 90** | **Primary Housing Lates 7 12 Months 30** | **Primary Housing Lates 7 12 Months 60** | **Primary Housing Lates 7 12 Months 90** | **Primary Housing Lates 13 24 Months 30** | **Primary Housing Lates 13 24 Months 60** | **Primary Housing Lates 13 24 Months 90** | **Primary Housing Lates 25 36 Months 30** | **Primary Housing Lates 25 36 Months 60** | **Primary Housing Lates 25 36 Months 90** | **Borrower 1 ITIN Flag** | **Borrower 2 ITIN Flag** | **Borrower 3 ITIN Flag** | **Borrower 4 ITIN Flag** | **Total Number of Mortgaged Properties** |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402110 | Non QM |  |  |  | Yes | No | $1250.00 | $2901.75 |  | XX.XX% | $1501.86 | $1501.86 | 3.989% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | Argentina |  |  |  | $5281.36 | 1 | $5644.80 | $1317.96 | $470.40 | $109.83 |  |  |  |  |  | 38.727% | 38.727% | 38.727% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2020<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Other - 2020<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 1yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1250.00 |  | 3.120% | $0.00 |  |  |  |  | No | No | 3.989% | 0 |  | 0 | 0 | 0 | 0 |  |  | 3.00 | No |  |  |  |  |  |  |  |  |  | 6/XX/2050 | $313926.86 | 69.760% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No |  |  |  |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | 59.1 |  | No | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402111 | Non QM |  |  |  | Yes | No | $1291.00 | $8207.33 |  | XX.XX% | $6886.19 | $6886.19 | 6.112% | No | No | Employed | Not Employed |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | $26468.28 | 1 | $29537.16 | $3299.04 | $2461.43 | $274.92 |  |  |  |  |  | 31.040% | 31.040% | 38.563% | 6/XX/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2019 | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1291.00 |  | 5.770% | $0.00 | 2.9 |  |  |  | No | No | 6.112% | 2 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 240 | 1/XX/2053 | $486897.25 | 28.300% | Yes | 33 |  |  |  | Yes | Final | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  | Resident Alien Card | Resident Alien Card |  |  |  | 6.2 |  | No | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 2 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402112 | Non QM |  |  |  | Yes | No | $1475.00 | $6930.51 |  | XX.XX% | $14905.18 | $14905.18 | 4.222% | No | No | Employed | Employed |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | $25498.68 | 1 | $47499.96 | $1736.04 | $3958.33 | $144.67 |  |  |  |  |  | 44.769% | 44.769% | 44.769% | 7/XX/2022 | 764 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; VVOE - 2022 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 1040 - 2020<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 5.140% | $0.00 | 1.1 |  |  |  | No | No | 4.222% | 2 | 0 | 2 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | 9/XX/2052 | $1322431.38 | 34.800% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  | Resident Alien Card | Resident Alien Card |  |  |  | 48.68 |  | No | No |  | $0.00 | $17275.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 3 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402113 | Non QM |  |  |  | Yes | No | $1242.00 | $3525.97 |  | XX.XX% | $3873.41 | $3873.41 | 6.088% | No | No | Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | Cyprus |  |  |  | $7127.11 | 1 | $16192.56 | $1481.04 | $1349.38 | $123.42 |  |  |  |  |  | 45.897% | 45.897% | 45.897% | 12/XX/2022 | 690 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; VVOE - 2023<br> [Borrower - \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1242.00 |  | 6.250% | $1000.00 | 2.6 |  |  |  | Yes | No | 6.088% | 1 |  | 0 | 0 | 1 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | 2/XX/2053 | $253083.04 | 30.860% | No | 20 |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | 32.78 |  |  | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402114 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1475.00 | $10133.64 |  | XX.XX% | $9638.39 | $9638.39 | 5.759% | No | No | Employed |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | $14691.98 | 1 | $13498.08 | $1561.20 | $1124.84 | $130.10 |  |  |  |  |  | 43.119% | 43.119% | 43.354% | 10/XX/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; Restricted Stock Agreement - 2022<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - \| Primary Income - Wages]; Vesting Schedule - 2022<br> [Borrower - \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - \| Primary Income - Wages]; Employer Letter - 2021<br> [Borrower - \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 6.070% | $0.00 | 3.1 |  |  |  | No | No | 5.759% | 1 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  | Not Stated |  |  |  | 1/XX/2053 | $215347.48 |  | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 19.77 |  |  | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402115 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1242.00 | $4055.31 |  | XX.XX% | $4156.43 | $4156.43 | 5.910% | No | No | Employed | Employed |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | $11179.61 | 1 | $14349.72 | $1059.00 | $1195.81 | $88.25 |  |  |  |  |  | 45.752% | 45.752% | 45.752% | 6/XX/2023 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Paystubs - 2023<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2023<br> [Borrower - \| Primary Income - Wages]; W-2 - 2022<br> [Borrower - \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2023<br> [Coborrower(s) - \| Primary Income - Wages]; The Work Number - Employment Only - 2023<br> [Coborrower(s) - \| Primary Income - Wages]; W-2 - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1242.00 |  | 6.630% | $0.00 | 1.1 |  |  |  | Yes | No | 5.910% | 2 | 1 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  | Not Stated |  |  |  | 8/XX/2053 | $305464.13 | 30.540% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | 21.36 |  | No | No |  | $0.00 | $9775.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 2 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402116 | Non QM |  |  |  | Yes | No | $1475.00 | $10993.63 |  | XX.XX% | $10211.33 | $14920.50 | 5.780% | No | No | Employed | Employed |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | $28161.76 | 1 | $33125.04 | $2031.00 | $2760.42 | $169.25 |  |  |  |  |  | 41.537% | 31.761% | 41.537% | 5/XX/2023 | 775 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Account Statements - 2023<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2023<br> [Borrower - \| Primary Income - Wages]; Restricted Stock Agreement - 2023<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2023<br> [Borrower - \| Primary Income - Wages]; Vesting Schedule - 2023<br> [Borrower - \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; W-2 - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2023<br> [Coborrower(s) - \| Primary Income - Wages]; The Work Number - Employment Only - 2023<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; W-2 - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2021<br> [Coborrower(s) - \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2022<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2022<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 6.460% | $0.00 | 1.0 |  |  |  | Yes | No | 5.780% | 1 | 2 | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 240 | 7/XX/2053 | $989222.76 | 37.320% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  | Resident Alien Card | Resident Alien Card |  |  |  | 29.86 |  |  | No |  | $0.00 | $15301.18 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402117 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1250.00 | $5800.47 |  | XX.XX% | $5244.22 | $6021.30 | 6.060% | No | No | Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | India |  |  |  | $9697.94 | 1 | $7736.40 | $1082.04 | $644.70 | $90.17 |  |  |  |  |  | 44.053% | 39.570% | 44.053% | 12/XX/2024 | 755 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; VVOE - 2025<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2024<br> [Borrower - \| Primary Income - Wages]; Vesting Schedule - 2024<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2023<br> [Borrower - \| Primary Income - Wages]; Restricted Stock Agreement - 2023<br> [Borrower - \| Primary Income - Wages]; W-2 - 2023<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - \| Primary Income - Wages]; W-2 - 2022<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2021 | [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1250.00 |  | 6.820% | $0.00 | 1.0 |  |  |  | Yes | No | 7.407% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  | Not Stated |  |  |  | 2/XX/2055 | $387981.83 | 35.270% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | 26.1 |  |  | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402118 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1475.00 | $4760.59 |  | XX.XX% | $6207.16 | $6759.98 | 6.520% | No | No | Self-Employed | Employed |  |  |  |  | US Citizen | US Citizen |  |  |  |  |  |  | $11640.72 | 1 | $15312.48 | $515.04 | $1276.04 | $42.92 |  |  |  |  |  | 47.701% | 45.217% | 47.701% | 1/XX/2025 | 738 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Sole Proprietor]; Third Party Verification - 2025<br> [Borrower - \| Primary Income - Sole Proprietor]; 1040 - Schedule C - 2023<br> [Borrower - \| Primary Income - Sole Proprietor]; 1040 - Schedule C - 2022<br> [Coborrower(s) - \| Primary Income - Wages]; The Work Number - Employment Only - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; The Work Number - Income - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; VVOE - 2025<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2024<br> [Coborrower(s) - \| Primary Income - Wages]; Paystubs - 2023 | [Borrower]; 1040 - 2023<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 1040 - 2022<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2023<br> [Coborrower]; 4506-C - 2022<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 6.840% | $0.00 | 1.0 |  |  |  | Yes | No | 7.362% | 0 | 0 | 2 | 0 | 2 | 0 |  |  |  | No |  |  |  |  |  | Not Stated |  |  |  | 3/XX/2055 | $782289.65 | 63.860% | No |  | 25 |  |  | Yes | Final | Fee Simple | Individual | Individual | Individual | Individual |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  | 62.28 |  |  | No |  | $0.00 | $20163.39 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402119 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1250.00 | $4466.43 |  | XX.XX% | $5355.52 | $6183.74 | 7.930% | No | No | Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | China |  |  |  | $11302.05 | 1 | $7296.96 | $1553.04 | $608.08 | $129.42 |  |  |  |  |  | 38.201% | 39.490% | 38.201% | 1/XX/2025 | 767 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Restricted Stock Agreement - 2025<br> [Borrower - \| Primary Income - Wages]; The Work Number - Income - 2025<br> [Borrower - \| Primary Income - Wages]; VVOE - 2025<br> [Borrower - \| Primary Income - Wages]; Paystubs - 2024<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2024 | [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1250.00 |  | 6.920% | $0.00 | 3.0 |  |  |  | No | No | 7.322% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  | Not Stated |  |  |  | 3/XX/2055 | $610793.27 | 42.120% | No | 36 |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  | VISA |  |  |  |  | 42.15 |  |  | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402120 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1475.00 | $6949.45 |  | XX.XX% | $4987.72 | $5778.02 | 5.910% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7222.90 | 1 | $13125.00 | $747.96 | $1093.75 | $62.33 |  |  |  |  |  | 50.470% | 45.051% | 50.470% | 2/XX/2025 | 782 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - \| Primary Income - Wages]; Paystubs - 2025<br> [Borrower - \| Primary Income - Wages]; The Work Number - Employment Only - 2025<br> [Borrower - \| Primary Income - Wages]; Employer Letter - 2024 | [Borrower]; 4506-C - 2023<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 6.660% | $0.00 | 1.0 |  |  |  | Yes | No | 7.334% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  | Not Stated |  |  |  | 5/XX/2055 | $273235.94 | 26.020% | No |  |  |  |  | Yes | Preliminary | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | Yes |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  | Resident Alien Card |  |  |  |  | 14.78 |  |  | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |
| [redacted] | [redacted] | [redacted] | [redacted] | 627402121 | Safe Harbor QM (APOR) |  |  |  | Yes | No | $1475.00 | $6154.40 |  | XX.XX% | $4750.38 | $4750.38 | 6.520% | No | No | Self-Employed |  |  |  |  |  | US Citizen |  |  |  |  |  |  |  | $8790.76 | 1 | $13749.96 | $841.20 | $1145.83 | $70.10 |  |  |  |  |  | 49.050% | 49.050% | 49.050% | 2/XX/2025 | 772 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Borrower Prepared | [Borrower - \| Primary Income - S-Corp (>= 25%)]; Balance Sheet - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Paystubs - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2024<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 1120S - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; K-1 - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; W-2 - 2023<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 1120S - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; K-1 - 2022<br> [Borrower - \| Primary Income - S-Corp (>= 25%)]; W-2 - 2022<br> [Borrower - \| Non-Primary Income - K-1 (< 25%)]; P&L Statement - 2024<br> [Borrower - \| Non-Primary Income - K-1 (< 25%)]; K-1 - 2023<br> [Borrower - \| Non-Primary Income - K-1 (< 25%)]; K-1 - 2022<br> [Borrower - \| Non-Primary Income - K-1 (< 25%)]; P&L Statement - 2024<br> [Borrower - \| Non-Primary Income - K-1 (< 25%)]; K-1 - 2023 | [Borrower]; 1040 - 2023<br> [Borrower]; 4506-C - 2023<br> [Borrower]; 1040 - 2022<br> [Borrower]; 4506-C - 2022<br> [Borrower]; 1084 or income worksheet - Year Not Available | Full Documentation (F) | 2yr Full Doc |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  |  | HSBC | $1475.00 |  | 6.620% | $0.00 | 1.0 |  |  |  | Yes | No | 6.520% | 2 |  | 2 | 0 | 2 | 0 |  |  | 13.90 | No |  |  |  |  |  | Not Stated |  |  |  | 4/XX/2055 | $394932.09 | 35.900% | No |  |  |  |  | Yes | Final | Fee Simple | Individual | Individual |  |  |  |  |  |  |  |  |  |  |  |  | No | Individual | No |  | No | FICO II | Beacon 5.0 | FICO Risk Score Classic 04 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 44.56 |  | No | No |  | $0.00 | $0.00 |  |  |  |  |  |  |  |  |  |  |  |  | No | No | No | No | 1 |

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## Exhibit 99.1

![](logo_situs.jpg)

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| |
|:---|
| **Data Compare (Non-Ignored)** |
| **Run Date - 3/XX/2026 2:27:34 PM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Servicer Loan ID** | **Investor Loan Number** | **Unique Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| [redacted] | [redacted] | 627402110 | Representative FICO | 0 |  | Verified | Unable to verify due to missing information |
| [redacted] | [redacted] | 627402110 | Index Type |  | LIBOR - 1 Year (Daily) | Verified | Field Value reflects 'Index Type' per the Note |
| [redacted] | [redacted] | 627402110 | Doc Type | Full | 1yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402111 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402111 | Interest Rate Initial Floor | 5 | 3.112 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| [redacted] | [redacted] | 627402112 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402113 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects doc Type reflected on the Approval/AUS |
| [redacted] | [redacted] | 627402114 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402114 | Contract Sales Price | 0.00 |  | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| [redacted] | [redacted] | 627402114 | Interest Rate Initial Floor | 5 | 2.759 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| [redacted] | [redacted] | 627402114 | Original CLTV | XXX | XXX | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| [redacted] | [redacted] | 627402114 | Original LTV | XXX | XXX | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| [redacted] | [redacted] | 627402114 | LTV Valuation Value | XXX | XXX | Verified | Field value reflects source document |
| [redacted] | [redacted] | 627402115 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402116 | Investor: Qualifying Total Debt Ratio | 31.3344 | 41.53664 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| [redacted] | [redacted] | 627402117 | Property Type | Townhouse | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| [redacted] | [redacted] | 627402117 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402117 | Interest Rate Initial Floor | 5 | 3.06 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| [redacted] | [redacted] | 627402118 | Investor: Qualifying Total Debt Ratio | 45.2174 | 47.7011 | Verified | Unable to verify due to missing information |
| [redacted] | [redacted] | 627402118 | Doc Type | Full | 2yr Full Doc | Verified | Unable to verify due to missing information |
| [redacted] | [redacted] | 627402118 | Interest Rate Initial Floor | 5 | 3.52 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| [redacted] | [redacted] | 627402119 | Investor: Qualifying Total Debt Ratio | 33.7396 | 38.20062 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| [redacted] | [redacted] | 627402119 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402120 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| [redacted] | [redacted] | 627402120 | Interest Rate Initial Floor | 5 | 2.91 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| [redacted] | [redacted] | 627402120 | Investor: Qualifying Total Debt Ratio | 45.0511 | 50.47041 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| [redacted] | [redacted] | 627402121 | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |

---

## Exhibit 99.2

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **amc_loan_id** | **unique_id** | **customer_loan_id** | **seller_loan_id** | **balance_postmod** | **balloon_postmod** | **current_pra_outstanding** | **deferred_balance** | **first_pmt_date_postmod** | **io_flag_postmod** | **io_period_postmod** | **maturity_date_postmod** | **mod_date** | **mod_pra_amount** | **mod_principal_forbeared** | **mod_type** | **pi_postmod** | **rate_postmod** | **amort_term_postmod** | **amort_type_postmod** | **arm_code_postmod** | **current_pra_forgiven** | **first_rate_reset_months_postmod** | **margin_postmod** | **max_rate_postmod** | **min_rate_postmod** | **pra_01_anniversary_date** | **pra_02_anniversary_date** | **pra_03_anniversary_date** | **rate_index_postmod** | **rate_reset_frequency_mo_postmod** | **step_01_effective_date** | **step_01_interest_rate** | **step_02_effective_date** | **step_02_interest_rate** | **step_03_effective_date** | **step_03_interest_rate** | **step_04_effective_date** | **step_04_interest_rate** | **step_05_effective_date** | **step_05_interest_rate** | **step_06_effective_date** | **step_06_interest_rate** | **step_07_effective_date** | **step_07_interest_rate** | **step_08_effective_date** | **step_08_interest_rate** | **step_09_effective_date** | **step_09_interest_rate** | **step_10_effective_date** | **step_10_interest_rate** | **step_max_interest_rate** | **step_max_interest_rate_date** | **step_rate_flag** | **step_rate_number** | **term_postmod** | **capitalized_corporate_advance_postmod** | **capitalized_escrow_postmod** | **capitalized_interest_postmod** | **capitalized_other_postmod** | **capitalized_total_postmod** | **init_periodic_rate_cap_postmod** | **init_periodic_rate_floor_postmod** | **lifetime_cap_postmod** | **lifetime_floor_postmod** | **lookback_days_postmod** | **mod_principal_capitalized** | **periodic_cap_postmod** | **periodic_floor_postmod** | **round_code_postmod** | **step_01_pi_amount** | **step_02_pi_amount** | **step_03_pi_amount** | **step_04_pi_amount** | **step_05_pi_amount** | **step_06_pi_amount** | **step_07_pi_amount** | **step_08_pi_amount** | **step_09_pi_amount** | **step_10_pi_amount** | **is_mod_recorded** | **has_modifications?** | **mod_doc_status** | **mod_comments** | **total_outstanding_deferred** | **interest_bearing_balance_postmod** | **pra_year_1_reduction_amount** | **pra_year_2_reduction_amount** | **pra_year_3_reduction_amount** | **mod_extension_deferment** | **mod_extension_date** | **new_maturity_date** | **number_of_deferments** | **total_extension_deferment_amount** |
| XXX | 627402113 | XXX | XXX | $XXX | No |  | $XXX | 6/XX/2024 | No |  | 2/XX/2053 | 6/XX/2024 |  | $XXX | Recast / Reamortization <br>| $XXX | XXX% | 345 | Fixed |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | 345 |  |  |  |  | $XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | Complete | The modification is a recast of the original Note. | $0.00 | $XXX |  |  |  | No |  |  |  | $XXX |

---

## Exhibit 99.1

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Unique ID** | **Customer Loan ID** | **Seller Loan ID** | **Servicer Loan ID** | **Borrower Name** | **Street** | **City** | **Zip** | **Has Modification?** | **Mod Doc Status** | **Mod Amortization Type** | **Total Amount Deferred** | **Mod UPB** | **Mod Principal Forgiven** | **Mod Amount Capitalized** | **Mod Deferred Balance** | **Mod Accruing UPB** | **Mod Date** | **Mod First Payment Date** | **Mod Maturity Date** | **Mod Original Term** | **Mod Amortization Term** | **Mod Original Interest Rate** | **Mod P&I** | **Mod P&I - Calculated** | **Mod Payment Frequency** | **Mod Interest Collection Type** | **Mod Interest Only?** | **Mod Interest Only Period** | **Mod Interest Only Period Expiration** | **Mod Balloon?** | **Mod Neg Am?** | **Mod Months Extended** | **Mod Neg Am Cap (% of UPB)** | **Principal Reduction Alternative** | **Balance Eligible** | **Principal Reduction Alt Amount** | **PRA Year 1 Anniversary Date** | **PRA Year 1 Reduction Amount** | **PRA Year 2 Anniversary Date** | **PRA Year 2 Reduction Amount** | **PRA Year 3 Anniversary Date** | **PRA Year 3 Reduction Amount** | **Mod Program Type** | **Mod Cure** | **Mod Teaser Rate** | **Mod Rate Change Frequency (Payments)** | **Mod Payment Change Frequency (Payments)** | **Mod First Interest Rate Change Date** | **Mod First Payment Change Date** | **Mod Next Interest Rate Change Date** | **Mod Next Payment Change Date** | **Mod Index Type / ARM Type** | **Mod Lookback Period** | **Mod Rounding Factor** | **Mod Rounding Method** | **Mod Initial Rate Cap** | **Mod Initial Rate Floor** | **Mod Initial Rate Maximum** | **Mod Initial Rate Minimum** | **Mod Life Rate Cap** | **Mod Life Rate Floor** | **Mod Life Rate Maximum** | **Mod Life Rate Minimum** | **Mod Periodic Rate Cap** | **Mod Periodic Rate Floor** | **Mod Margin** | **Step 1 Rate Change Date** | **Step 1 Payment Change Date** | **Step 1 Rate** | **Step 1 P&I** | **Step 1 # Payments** | **Step 2 Rate Change Date** | **Step 2 Payment Change Date** | **Step 2 Rate** | **Step 2 P&I** | **Step 2 # Payments** | **Step 3 Rate Change Date** | **Step 3 Payment Change Date** | **Step 3 Rate** | **Step 3 P&I** | **Step 3 # Payments** | **Step 4 Rate Change Date** | **Step 4 Payment Change Date** | **Step 4 Rate** | **Step 4 P&I** | **Step 4 # Payments** | **Step 5 Rate Change Date** | **Step 5 Payment Change Date** | **Step 5 Rate** | **Step 5 P&I** | **Step 5 # Payments** | **Step 6 Rate Change Date** | **Step 6 Payment Change Date** | **Step 6 Rate** | **Step 6 P&I** | **Step 6 # Payments** | **Step 7 Rate Change Date** | **Step 7 Payment Change Date** | **Step 7 Rate** | **Step 7 P&I** | **Step 7 # Payments** | **Step 8 Rate Change Date** | **Step 8 Payment Change Date** | **Step 8 Rate** | **Step 8 P&I** | **Step 8 # Payments** | **Step 9 Rate Change Date** | **Step 9 Payment Change Date** | **Step 9 Rate** | **Step 9 P&I** | **Step 9 # Payments** | **Step 10 Rate Change Date** | **Step 10 Payment Change Date** | **Step 10 Rate** | **Step 10 P&I** | **Step 10 # Payments** | **Mod Prepayment Penalty?** | **Mod Prepayment Penalty Period (months)** | **Mod Prepayment Penalty Percent Amount Year 1** | **Mod Prepayment Penalty Percent Amount Year 2** | **Mod Prepayment Penalty Percent Amount Year 3** | **Mod Prepayment Penalty Percent Amount Year 4** | **Mod Prepayment Penalty Percent Amount Year 5** | **Mod Prepayment Balance Allowance** | **Mod Prepayment Balance Type** | **Mod Hard Penalty Period (Months)** | **Mod Maximum Prepayment Penalty Amount** | **Mod Prepayment Penalty Enforcement** | **Mod Prepayment Penalty Expiration Date** | **Mod Prepayment Penalty Months Interest** | **Mod Stated Penalty Amount** | **Mod Prepayment Terms** | **Mod Extension Deferment?** | **Mod Extension Date** | **New Maturity Date** | **Mod Extension Months** | **Latest Mod Deferment Date** | **Number of Deferments** | **Total Mod Deferment Amount** | **Active Temp Mod?** | **Temp Mod Expiraton Date** | **Temp Mod Status** | **Temp Mod Reverts To** | **Temp Mod Amortization Type** | **Temp Mod UPB** | **Temp Mod Accruing UPB** | **Temp Mod Principal Forgiven** | **Temp Mod Deferred Balance** | **Temp Mod Date** | **Temp Mod First Payment Date** | **Temp Mod Maturity Date** | **Temp Mod Original Interest Rate** | **Temp Mod PI** | **Temp Mod Interest Only** | **Temp Mod Interest Only Period** | **Mod Comments** | **Post Mod Other Change** | **Post Mod Change Date** | **Post Mod Forgiveness Amount** | **Post Mod Change Comment** |
| XXX | 627402113 | XXX | XXX |  |  |  | XXX<br> NJ | XXX | Yes | Complete | Fixed | $XXX | $XXX | $XXX | $XXX | $XXX | $XXX | 6/XX/2024 | 6/XX/2024 | 2/XX/2053 | 345 | 345 | XXX% | $XXX | $XXX | Monthly | In Arrears | No |  |  | No | No | 0 |  | No |  |  |  |  |  |  |  |  | Recast / Reamortization <br>| Cure default without capitalization <br>|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |  |  |  |  | $XXX | No |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | The modification is a recast of the original Note. | No |  |  |  |

---

## Exhibit 99.1

![](logo_situs.jpg)

#### Data Compare Summary (Total)

#### Run Date - 3/XX/2026 3:18:46 PM

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **# Of Loans** |
| City | 0 | 12 | 0.00% | 12 |
| State | 0 | 12 | 0.00% | 12 |
| Zip | 0 | 12 | 0.00% | 12 |
| Note Date | 0 | 12 | 0.00% | 12 |
| Original Loan Amount | 0 | 12 | 0.00% | 12 |
| First Payment Date | 0 | 12 | 0.00% | 12 |
| Amortization Term | 0 | 12 | 0.00% | 12 |
| Maturity Date | 0 | 12 | 0.00% | 12 |
| Original Interest Rate | 0 | 12 | 0.00% | 12 |
| Amortization Type | 0 | 12 | 0.00% | 12 |
| Representative FICO | 1 | 12 | 8.33% | 12 |
| Property Type | 1 | 12 | 8.33% | 12 |
| Interest Only | 0 | 12 | 0.00% | 12 |
| Lien Position | 0 | 12 | 0.00% | 12 |
| Occupancy | 0 | 12 | 0.00% | 12 |
| Purpose | 0 | 12 | 0.00% | 12 |
| Doc Type | 11 | 12 | 91.67% | 12 |
| Index Type | 1 | 8 | 12.50% | 12 |
| Margin | 0 | 8 | 0.00% | 12 |
| Interest Rate Life Min | 0 | 8 | 0.00% | 12 |
| Interest Rate Life Max | 0 | 8 | 0.00% | 12 |
| Interest Rate Periodic Floor | 0 | 8 | 0.00% | 12 |
| Interest Rate Periodic Cap | 0 | 8 | 0.00% | 12 |
| First Payment Change Date | 0 | 8 | 0.00% | 12 |
| Next Payment Change Date | 0 | 8 | 0.00% | 12 |
| # of Units | 0 | 12 | 0.00% | 12 |
| Contract Sales Price | 1 | 12 | 8.33% | 12 |
| Interest Rate Initial Cap | 0 | 8 | 0.00% | 12 |
| Interest Rate Initial Floor | 5 | 8 | 62.50% | 12 |
| Original CLTV | 1 | 12 | 8.33% | 12 |
| Original LTV | 1 | 12 | 8.33% | 12 |
| LTV Valuation Value | 1 | 12 | 8.33% | 12 |
| Investor: Qualifying Total Debt Ratio | 4 | 12 | 33.33% | 12 |
| Interest Only Period | 0 | 2 | 0.00% | 12 |
| Refi Purpose | 0 | 1 | 0.00% | 12 |
| **Total** | **27** | **359** | **7.52%** | **12** |

---