# EDGAR Filing Document

**Accession Number:** 0001970036
**File Stem:** 0001193125-26-274359
**Filing Date:** 2026-6
**Character Count:** 1355084
**Document Hash:** e2f1d655726f4384dc14b6153e8b3546
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-274359.hdr.sgml**: 20260617

**ACCESSION NUMBER**: 0001193125-26-274359

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

**PUBLIC DOCUMENT COUNT**: 24

**CONFORMED PERIOD OF REPORT**: 20260618

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

**FILED AS OF DATE**: 20260617

**DATE AS OF CHANGE**: 20260617

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Residential mortgages - HELOC

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figure HELOC Master Depositor Trust
- **CENTRAL INDEX KEY:** 0001970036
- **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:** 025-06455
- **FILM NUMBER:** 261099368

**BUSINESS ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 7145990329

**MAIL ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figure HELOC Master Depositor Trust
- **CENTRAL INDEX KEY:** 0001970036
- **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:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 7145990329

**MAIL ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figure HELOC Master Depositor Trust
- **CENTRAL INDEX KEY:** 0001970036
- **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:** 025-06455

**BUSINESS ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 7145990329

**MAIL ADDRESS:**
- **STREET 1:** 650 CALIFORNIA STREET
- **STREET 2:** SUITE 2700
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM ABS-15G** 

**ASSET-BACKED SECURITIZER** 

**REPORT PURSUANT TO SECTION 15G OF** 

**THE SECURITIES EXCHANGE ACT OF 1934** 

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

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

☐ **Rule 15Ga-1(c)(2)(i) under the Exchange Act (17 CFR 240.15Ga-1(c)(2)(i)) for the quarterly reporting period to** 

☐ **Rule 15Ga-1(c)(2)(ii) under the Exchange Act (17 CFR 240.15Ga-1(c)(2)(ii)) for the annual reporting period to** 

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

**Central Index Key Number of depositor: 0001970036** 

## FIGRE Trust 2026-HE6
**(Exact name of Issuer as specified in its charter)** 

**Central Index Key Number of issuing entity (if applicable): N/A** 

**Central Index Key Number of underwriter (if applicable): N/A** 

**Todd Stevens (973) 985-3682** 

**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) ☐

Copyright <sup>©</sup> 2023 <u>www.secdatabase.com</u>. All Rights Reserved.

Please Consider the Environment Before Printing This Document

------

**INFORMATION TO BE INCLUDED IN THE REPORT** 

**PART I: REPRESENTATION AND WARRANTY INFORMATION** 

**N/A** 

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

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

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

**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| Exhibit 99.1: | [Independent Accountants' Agreed-Upon Procedures Report, dated June 15, 2026 of KPMG LLP.](d160560dex991.htm) |
| Exhibit 99.2: | [Executive Summary Third Party Due Diligence Review, dated<u> </u>June 12, 2026 of Digital Risk, LLC.](d160560dex992.htm) |
| Exhibit 99.3: | [Digital Risk, LLC Valuation Securitization Report](d160560dex993.htm) |
| Exhibit 99.4: | [Digital Risk, LLC Securitization Rebuttal Findings, Summary](d160560dex994.htm) |
| Exhibit 99.5: | [Digital Risk, LLC Securitization Rebuttal Findings, Loan Summary](d160560dex995.htm) |
| Exhibit 99.6: | [Digital Risk, LLC Securitization Rebuttal Findings, Exception Report](d160560dex996.htm) |
| Exhibit 99.7: | [Visionet Systems, Inc. Executive Summary, dated June 12, 2026](d160560dex997.htm) |
| Exhibit 99.8: | [Visionet Systems, Inc. Valuation Securitization Report](d160560dex998.htm) |
| Exhibit 99.9: | [Visionet Systems, Inc. Securitization Rebuttal Findings, Summary](d160560dex999.htm) |
| Exhibit 99.10: | [Visionet Systems, Inc. Securitization Rebuttal Findings, Loan Summary](d160560dex9910.htm) |
| Exhibit 99.11: | [Visionet Systems, Inc. Securitization Rebuttal Findings, Exception Report](d160560dex9911.htm) |

---

Copyright <sup>©</sup> 2023 <u>www.secdatabase.com</u>. All Rights Reserved.

Please Consider the Environment Before Printing This Document

------

**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.

---

| | |
|:---|:---|
| Figure HELOC Master Depositor Trust | Figure HELOC Master Depositor Trust |
| (Depositor) | (Depositor) |
| By: Figure Lending LLC, as sole member | By: Figure Lending LLC, as sole member |
| By: Figure Lending Corp. | By: Figure Lending Corp. |
| By: | /s/ Todd Stevens |
| Name: | Todd Stevens |
| Title: | Chief Capital Officer |

---

Date:<u> </u>June 17, 2026

Copyright <sup>©</sup> 2023 <u>www.secdatabase.com</u>. All Rights Reserved.

Please Consider the Environment Before Printing This Document

## Exhibit 99.1

**Exhibit 99.1**![LOGO](g160560dsp05.jpg)

KPMG LLP

Suite 700

20 Pacifica

Irvine, CA 92618-3391

**Independent Accountants' Agreed-Upon Procedures Report** 

Figure Lending LLC (the "Company")

Barclays Capital Inc. (the "Structuring Agent")

Goldman Sachs & Co. LLC

Jefferies LLC

J.P. Morgan Securities LLC

Cantor Fitzgerald & Co.

TCBI Securities, Inc.

(together, the "Specified Parties")

Re: FIGRE Trust 2026-HE6 – Data File Procedures

We have performed the procedures described below on the specified attributes in an electronic data file entitled "HEL05312026 – FIGRE 2026-HE6_External_v2.xlsx_KPMG (7) (1).xlsx" provided by the Company on June 5, 2026, containing information on 4,054 home equity lines of credit (the "Mortgage Loans") as of May 31, 2026 (the "Data File"), which we were informed are intended to be included as collateral in the offering by FIGRE Trust 2026-HE6. The Company is responsible for the specified attributes identified by the Company in the Data File.

The Specified Parties have agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting the Specified Parties in evaluating the accuracy of the specified attributes in the Data File. This report may not be suitable for any other purpose. No other parties have agreed to or acknowledged the appropriateness of these procedures for the intended purpose or any other purpose.

The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. We make no representation regarding the appropriateness of the procedures either for the intended purpose or for any other purpose.

Unless otherwise stated, the following definitions have been adopted in presenting our procedures and findings:

• The term "compared" means compared to the information shown and found it to be in agreement, unless
otherwise stated. Such compared information was deemed to be in agreement if differences were within the reporting threshold.

• The term "recomputed" means recalculated and compared the result to the information shown and found
it to be in agreement, unless otherwise stated. Such recomputed information was deemed to be in agreement if differences were within the reporting threshold.

• The term "reporting threshold" means that dollar amounts and percentages were within $1.00 and 0.1%,
respectively.

• The term "Source Documents" means copies of the Mortgage Loan Agreement, Servicing Statement,
Servicing Portal Screenshots, Notice of Servicing Transfer, Deed of Trust, and Credit Report Data Document for each Selected Mortgage Loan (defined below) provided by the Company. We make no representation regarding the validity or accuracy of these
documents, the execution of the Mortgage Loan Agreement by the borrower, or the validity of the borrower(s) signature(s).

![LOGO](g160560dsp5a.jpg)

------

![LOGO](g160560dsp06.jpg)

• The term "Instructions" means the instructions provided by the Company pertaining to a procedure,
attribute, or methodology, as described in Exhibit B.

• The term "Provided Information" means the Source Documents and Instructions.

The procedures we were instructed by the Company to perform and the associated findings are as follows:

A. The Company instructed us to select a random sample of 583 Mortgage Loans from the 3,884 Mortgage Loans labeled
as "FIGURE_HELOC" in the "loan_program" field in the Data File (the "Selected Mortgage Loans") using a random sampling tool. For purposes of this procedure, the Company informed us they used an approximately 15%
basis to determine the number of Mortgage Loans we were instructed to randomly select from the Data File.

B. For each Selected Mortgage Loan, we compared the specified attributes in the Data File listed in Exhibit A to
the corresponding information included in the Source Documents, utilizing the Instructions, as applicable. The Company indicated that the absence of any of the information in the Source Documents or the inability to agree the indicated information
from the Data File to the Source Documents for each of the attributes identified, utilizing the Instructions as applicable, constituted an exception. The Source Documents are listed in the order of priority.

We found such information to be in agreement without exception.

We were engaged by the Company to perform this agreed-upon procedures engagement. We conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants, which involves us performing the specific procedures agreed to and acknowledged above and reporting on findings based on performing those procedures. We were not engaged to, and did not, conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the specified attributes in the Data File. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported.

We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

The procedures performed were applied based on the information included in the Data File and Provided Information, without verification or evaluation of such information by us; therefore, we express no opinion or any other form of assurance regarding (i) the reasonableness of the information provided to us by the Company, (ii) the physical existence of the Mortgage Loans, (iii) the reliability or accuracy of the Provided Information which was used in our procedures, or (iv) matters of legal interpretation.

The procedures performed were not intended to address, nor did they address: (i) the conformity of the origination of the Mortgage Loans to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) the value of collateral securing any such Mortgage Loans being securitized, (iii) the compliance of the originator of the Mortgage Loans with federal, state, and local laws and regulations, or (iv) any other factor or characteristic of the Mortgage Loans that would be material to the likelihood that the issuer of the asset-backed securities will pay interest and principal in accordance with applicable terms and conditions. The procedures performed were not intended to satisfy any criteria for due diligence published by the nationally recognized statistical rating organizations ("NRSROs").

The terms of our engagement are such that we have no responsibility to update this report because of events and circumstances that may subsequently occur.

------

![LOGO](g160560dsp06.jpg)

This report is intended solely for the information and use of the Specified Parties. It is not intended to be and should not be used by any other person or entity, including investors or the NRSROs, who are not identified in the report as the Specified Parties but may have access to this report as required by law or regulation.

/s/ KPMG LLP

Irvine, California

June 15, 2026

------

**Exhibit A** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**#** | **Attribute** | **Attribute Name in the Data File** | **Provided Information** |
| 1 | Original Balance | original_loan_bal | Mortgage Loan Agreement and Instructions |
| 2 | Property City | City | Mortgage Loan Agreement, Deed of Trust |
| 3 | Property State | property_state | Mortgage Loan Agreement |
| 4 | Property Zip | property_zip | Mortgage Loan Agreement |
| 5 | Original Term | original_loan_term | Mortgage Loan Agreement |
| 6 | Original Draw Term | loan_draw_orig_term | Mortgage Loan Agreement |
| 7 | Original Interest Rate | original_interest_rate | Mortgage Loan Agreement |
| 8 | Original Credit Score | orig_credit_score | Credit Report Data Document |
| 9 | Estimated Initial Monthly Payment | estimated_monthly_payment_prom_note<br> or estimated_monthly_payment | Mortgage Loan Agreement, Servicing Statement, Notice of Servicing Transfer, or Servicing Portal Screenshots and Instructions |

---

------

**Exhibit B** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**#** | **Attribute** | **Instructions** |
| 1 | Original Balance | For the purposes of comparing the Original Balance for a Selected Mortgage Loan:<br>Compare to the Total Loan Amount, Additional Draw Limit, or Line of Credit (whichever is first observed) in the Mortgage Loan Agreement. |
| 9 | Estimated Initial Monthly Payment | For the purposes of comparing the Estimated Initial Monthly Payment for a Selected Mortgage Loan:<br>(i) If a Selected Mortgage Loan has a Property State of Texas, compare to the field estimated_monthly_ payment in the Data File using the Servicing Portal Screenshots. If the difference is greater than the reporting threshold, compare to the Notice of Servicing Transfer.<br>(ii) If a Selected Mortgage Loan has a Property State other than Texas, compare to the field estimated_monthly_ payment_prom_note in the Data File using the Mortgage Loan Agreement. If the Estimated Initial Monthly Payment listed in the Mortgage Loan Agreement does not agree to the value listed in the Data File, compare to the Servicing Statement. |

---

## Exhibit 99.2

**Exhibit 99.2**![LOGO](g160560dsp74.jpg)

**EXECUTIVE SUMMARY** 

**THIRD PARTY DUE DILIGENCE REVIEW** 

**Overview** 

Digital Risk, LLC ("Digital Risk"), a third party due diligence provider, performed the review described below on behalf of its client, Figure Lending LLC. and/or its affiliates. ("Client"). The review included a total of 492 newly originated residential mortgage Home Equity Line of Credit (HELOC) loans, in connection with the securitization identified as FIGRE 2026-HE6 (the "Securitization"). The review began on December 29, 2025, and concluded on June 12, 2026

**Scope of Review** 

**A.** **CREDIT GUIDELINE REVIEW.** 

Digital Risk performed a Credit Guideline review. The Credit Guideline review relies on data provided by a third party vendor engaged by the Client instead of re-verifying such data in borrower source documents. Moody's, DBRS and S&P has reviewed both Digital Risk's and the Client's process and permitted Digital Risk to assign securitization grades as defined by the Moody's, DBRS and S&P criteria.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Credit and Property Guideline Adherence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Using data received from Client, Digital Risk will confirm that credit and property attributes conform to
Figure's guideline requirements for each borrower and that the borrower's credit profile adhered to the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. FICO/LTV/LIEN/Occupancy Matrix Adherence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Income, Debt and DTI calculation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income will be re-calculated using the raw data from PointServ for
paystubs and tax transcripts; and from Plaid for bank statement deposits and asset depletion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Debt will be recalculated using raw data from the data extract

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The income and debt data will be used to determine if the applicant qualifies per the guideline credit
eligibility criteria.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• DTI will be recalculated with the income and debt data to determine the DTI meets the guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• No Income Documents will be utilized in the re-calculations but rather
confirming the data from the source documents, PointServ and Plaid.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Credit Report data review:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Digital Risk will review Credit Report data received from client to ensure that the items listed fit within the
guidelines/Matrices:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage Late payments, Collection accounts, overall total inquiries, Bankruptcies and foreclosures.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Credit score will be used to determine the maximum allowable loan amount per guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Title Search, or raw data provided by Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) The lien position (first or junior) is determined through review of data provided by Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) DR will review this data, in conjunction with the Figure decisioning algorithms to re-calculate the lien balances.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. AVM Valuation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) DR reviewed raw data AVM outputs / data to ensure that Figure has complied with its valuation criteria outlined
in their guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Review security document and Note/HELOC Agreement to ensure the Loan was closed in accordance with approval and
with all required signatures.

**B.** **COMPLIANCE REVIEW.** 

"Compliance Review" means that Digital Risk reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complies with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026,
as set forth below including 1026.6, 1026.15 and 1026.40.

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. errors in the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure to provide the correct form of right of rescission notice;

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>TILA</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection
with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution
and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local Predatory Lending:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal and state specific late charge and prepayment penalty provisions. On loans listed as Consumer loans.
Check for all proper disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Exclusions</u>. Digital Risk will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan types that are excluded from compliance with TRID:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing transfer and
partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after January 1,
2016, whether prohibited fees were collected prior to the initial LE being issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether the loans comply with all federal, state or local laws, constitutional provisions, regulations or
ordinances that are not expressly enumerated above.

**C.** **AVM VALUATION REVIEW** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) DR reviewed raw data AVM outputs / data to ensure that Figure has complied with its valuation criteria outlined
in their guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) All loans had a first secondary AVM ordered through another AVM vendor different than the original to ensure
value was supported within 10% of original AVM value, if value was supported an A value was provided. If the value was not supported a second secondary AVM was ordered through a third vendor, if value was supported a B grade was assigned. If value
was not supported a C grade was assigned.

------

**Summary of Results:** 

**Overall Loan Results:** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 428 | $40951730.79 | 86.99% |
|  Event Grade B | 25 | $2601764.92 | 5.08% |
|  Event Grade C | 39 | $3313400.22 | 7.93% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 492 | $46866895.93 | 100.00% |

---

**Credit Results:** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 492 | $46866895.93 | 100.00% |
|  Event Grade B | 0 | $0.00 | 0.00% |
|  Event Grade C | 0 | $0.00 | 0.00% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 492 | $46866895.93 | 100.00% |

---

**Compliance Results:** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 484 | $45649977.00 | 98.37% |
|  Event Grade B | 1 | $624130.00 | 0.20% |
|  Event Grade C | 7 | $592788.93 | 1.42% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 492 | $46866895.93 | 100.00% |

---

**Valuation Results:** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 435 | $41544519.72 | 88.41% |
|  Event Grade B | 25 | $2601764.92 | 5.08% |
|  Event Grade C | 32 | $2720611.29 | 6.50% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 492 | $46866895.93 | 100.00% |

---

------

**Event Grade Definitions** 

---

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

---

---

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

---

---

| | |
|:---|:---|
| **Valuation Event Grades** | **Valuation Event Grades** |
| A | The Secondary AVM value is supported within 10% of the original AVM provided at origination. |
| B | The Secondary AVM value is supported within 10% of the original AVM provided at origination. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. |
| C | The Secondary AVM value is not supported within 10% of the original AVM provided at origination. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. |
| D | The data provided was missing the AVM value or there was not sufficient data provided on the AVM to perform a review. |

---

------

---

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

---

## Exhibit 99.3

**Exhibit 99.3** 

**Valuation Securitization Report** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317186 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 2.730% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317187 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -3.420% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317188 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 11.857% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317189 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 4.240% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317190 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -4.197% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317191 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 8.885% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317192 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -2.828% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317193 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 26.010% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317194 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -7.420% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317195 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX | XXXX | XXXX | 1.892% | XXXX | 0.88 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317196 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 10.570% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317197 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | -6.944% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317198 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -4.680% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317199 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 32.387% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317200 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 1.280% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317201 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 27.160% | XXXX | 0.71 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317202 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 7.310% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317203 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 11.751% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317204 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -6.049% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317205 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -3.230% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317206 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -1.700% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317207 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -6.096% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317208 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 15.690% | XXXX | 0.7 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317209 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 0.653% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317210 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX | XXXX | XXXX | -9.539% | XXXX | 0.86 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317211 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 7.730% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317212 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 2.370% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317213 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.84 |  |  |  |  |  |  | XXXX | XXXX | -2.120% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317214 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -8.154% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317215 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -1.437% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317216 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 3.697% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317217 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.790% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317218 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -1.017% | XXXX | 0.7 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317219 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.821% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317220 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -13.780% | XXXX | 0.73 | XX/XX/XXXX | XXXX | XXXX | -22.920% | XXXX | 0.62 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317221 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -5.340% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317222 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -2.340% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317223 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -4.440% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317224 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.230% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317225 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 14.652% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317226 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -9.110% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317227 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -20.009% | XXXX | 0.83 | XX/XX/XXXX | XXXX | XXXX | 3.183% | XXXX | 0.84 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317228 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 5.170% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317229 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -3.630% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317230 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -8.983% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317231 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -0.261% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317232 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 5.680% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317233 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 0.570% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317234 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 10.480% | XXXX | 0.65 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317235 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 2.760% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317236 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 1.900% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317237 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 0.480% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317238 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -16.750% | XXXX | 0.55 | XX/XX/XXXX | XXXX | XXXX | -1.950% | XXXX | 0.94 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317239 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -1.930% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317240 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 24.020% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317241 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 0.990% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317242 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.84 |  |  |  |  |  |  | XXXX | XXXX | 26.002% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317243 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 7.480% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317244 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | -14.008% | XXXX | 0.76 | XX/XX/XXXX | XXXX | XXXX | -20.710% | XXXX | 0.74 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317245 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -3.320% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317246 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 3.689% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317247 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 18.890% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317248 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 7.260% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317249 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -2.670% | XXXX | 0.71 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317250 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 2.890% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317251 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -40.820% | XXXX | 0.59 | XX/XX/XXXX | XXXX | XXXX | -22.300% | XXXX | 0.53 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317252 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.710% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317253 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 9.740% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317254 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 15.340% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317255 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -8.950% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317256 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 6.410% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317257 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -7.380% | XXXX | 0.72 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317258 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 16.600% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317259 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 17.330% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317260 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.780% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317261 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 3.410% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317262 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.610% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317263 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 0.163% | XXXX | 0.5 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317264 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -6.900% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317265 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 4.960% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317266 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 1.400% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317267 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 9.940% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317268 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -5.820% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317269 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 11.070% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317270 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 7.510% | XXXX | 0.61 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317271 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 3.990% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317272 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -10.640% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | -13.430% | XXXX | 0.46 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317273 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -3.670% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317274 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -5.780% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317275 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -9.590% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317276 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 7.889% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317277 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 9.120% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317278 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 10.150% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317279 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.040% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317280 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 3.499% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317281 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 7.260% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317282 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 4.050% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317283 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 12.763% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317284 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | -7.460% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317285 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 11.890% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317286 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 3.920% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317287 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -2.072% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317288 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.98 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317289 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | -12.686% | XXXX | 0.84 | XX/XX/XXXX | XXXX | XXXX | -0.670% | XXXX | 0.79 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317290 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 2.480% | XXXX | 0.5 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317291 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -6.700% | XXXX | 0.72 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317292 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 3.161% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317293 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 7.874% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317294 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 9.630% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317295 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | -21.627% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | 6.390% | XXXX | 0.59 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317296 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -7.743% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317297 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -21.518% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -19.860% | XXXX | 0.68 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317298 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 2.307% | XXXX | 0.7 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317299 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 5.540% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317300 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -8.820% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317301 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.190% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317302 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -0.560% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317303 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 1.290% | XXXX | 0.63 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317304 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 4.850% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317305 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 2.358% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317306 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -2.530% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317307 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 2.360% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317308 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 24.121% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317309 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -15.140% | XXXX | 0.9 | XX/XX/XXXX | XXXX | XXXX | -12.550% | XXXX | 0.79 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317310 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -9.900% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317311 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -1.780% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317312 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 13.571% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317313 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 15.350% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317314 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 0.790% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317315 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -35.580% | XXXX | 0.77 | XX/XX/XXXX | XXXX | XXXX | -2.710% | XXXX | 0.72 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317316 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -1.050% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317317 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -11.740% | XXXX | 0.84 | XX/XX/XXXX | XXXX | XXXX | -27.270% | XXXX | 0.72 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317318 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 11.410% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317319 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.360% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317320 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | 2.713% | XXXX | 0.71 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317321 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 4.030% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317322 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -3.240% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317323 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 13.490% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317324 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -2.740% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317325 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -10.590% | XXXX | 0.88 | XX/XX/XXXX | XXXX | XXXX | -3.430% | XXXX | 0.78 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317326 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.83 |  |  |  |  |  |  | XXXX | XXXX | -9.136% | XXXX | 0.76 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317327 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.570% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317328 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 3.399% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317329 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.140% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317330 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 3.660% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317331 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 0.416% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317332 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.8 |  |  |  |  |  |  | XXXX | XXXX | 21.521% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317333 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -19.464% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -18.350% | XXXX | 0.81 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317334 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | -6.675% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317335 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 15.728% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317336 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -1.780% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317337 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 2.250% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317338 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | -6.130% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317339 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 11.527% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317340 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | -45.820% | XXXX | 0.76 | XX/XX/XXXX | XXXX | XXXX | -7.680% | XXXX | 0.83 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317341 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 1.124% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317342 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -7.590% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317343 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 3.880% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317344 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -26.140% | XXXX | 0.7 | XX/XX/XXXX | XXXX | XXXX | -44.290% | XXXX | 0.54 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317345 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -7.550% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317346 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 1.350% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317347 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 12.400% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317348 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 5.620% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317349 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 8.820% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317350 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 2.140% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317351 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -5.560% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317352 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | 36.096% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317353 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -4.440% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317354 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317355 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -12.910% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -7.960% | XXXX | 0.85 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317356 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -0.130% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317357 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 7.139% | XXXX | 0.76 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317358 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -1.900% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317359 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -3.846% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317360 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -7.460% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317361 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -0.280% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317362 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -2.240% | XXXX | 0.62 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317363 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 0.710% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317364 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 5.570% | XXXX | 0.66 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317365 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 10.281% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317366 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -3.099% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317367 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | -29.714% | XXXX | 0.5 | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317368 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -2.830% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317369 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -27.324% | XXXX | 0.84 | XX/XX/XXXX | XXXX | XXXX | -23.760% | XXXX | 0.74 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317370 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | -77.000% | XXXX | 0.5 | XX/XX/XXXX | XXXX | XXXX | -19.030% | XXXX | 0.54 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317371 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -12.263% | XXXX | 0.88 | XX/XX/XXXX | XXXX | XXXX | 7.150% | XXXX | 0.87 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317372 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 5.200% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317373 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 2.020% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317374 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 9.750% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317375 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 0.900% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317376 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 6.747% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317377 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | -1.150% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317378 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -3.730% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317379 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 27.530% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317380 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 9.370% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317381 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 7.594% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317382 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -1.950% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317383 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.84 |  |  |  |  |  |  | XXXX | XXXX | 1.926% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317384 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -2.300% | XXXX | 0.67 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317385 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 0.410% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317386 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 6.820% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317387 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 0.410% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317388 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.930% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317389 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 5.110% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317390 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 6.530% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317391 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317392 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.8 |  |  |  |  |  |  | XXXX | XXXX | 12.466% | XXXX | 0.76 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317393 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -15.750% | XXXX | 0.5 | XX/XX/XXXX | XXXX | XXXX | -7.300% | XXXX | 0.88 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317394 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 8.300% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317395 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 7.940% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317396 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 2.790% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317397 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 2.840% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317398 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 5.010% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317399 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -10.389% | XXXX | 0.72 | XX/XX/XXXX | XXXX | XXXX | -6.360% | XXXX | 0.92 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317400 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 0.790% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317401 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 8.150% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317402 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 2.700% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317403 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -1.070% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317404 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 0.210% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317405 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -5.320% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317406 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | -6.992% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317407 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -3.735% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317408 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -3.770% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317409 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 2.330% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317410 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -3.770% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317411 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 13.390% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317412 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 11.020% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317413 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 4.060% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317414 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -18.059% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -12.320% | XXXX | 0.87 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317415 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -2.270% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317416 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX | 1 |  |  |  |  |  |  | XXXX | XXXX | -15.650% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | -21.970% | XXXX | 0.9 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317417 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 6.230% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317418 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | 11.442% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317419 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -13.120% | XXXX | 0.92 | XX/XX/XXXX | XXXX | XXXX | -12.550% | XXXX | 0.88 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317420 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 3.856% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317421 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -3.250% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317422 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -0.410% | XXXX | 0.56 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317423 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 5.403% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317424 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.83 |  |  |  |  |  |  | XXXX | XXXX | -12.691% | XXXX | 0.8 | XX/XX/XXXX | XXXX | XXXX | -6.130% | XXXX | 0.63 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317425 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 5.950% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317426 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -12.600% | XXXX | 0.82 | XX/XX/XXXX | XXXX | XXXX | -27.850% | XXXX | 0.68 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317427 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -8.580% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317428 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -12.400% | XXXX | 0.83 | XX/XX/XXXX | XXXX | XXXX | -7.900% | XXXX | 0.94 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317429 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -0.660% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317430 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX | 1 |  |  |  |  |  |  | XXXX | XXXX | -6.550% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317431 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -4.224% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317432 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 0.610% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317433 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 7.270% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317434 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | 5.571% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317435 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 3.400% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317436 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -3.230% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317437 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX | XXXX | XXXX | -11.700% | XXXX | 0.93 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317438 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 4.770% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317439 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -5.490% | XXXX | 0.76 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317440 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 11.801% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317441 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -6.670% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317442 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 14.852% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317443 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -2.830% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317444 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -3.548% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317445 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 9.520% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317446 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -7.130% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317447 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -7.310% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317448 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.530% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317449 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 5.449% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317450 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 2.710% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317451 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 21.839% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317452 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -1.820% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317453 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -2.410% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317454 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -4.360% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317455 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -12.066% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | -6.440% | XXXX | 0.64 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317456 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -5.880% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317457 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.130% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317458 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 1.672% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317459 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 26.310% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317460 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 1.390% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317461 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -2.098% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317462 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.98 |  |  |  |  |  |  | XXXX | XXXX | -0.008% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317463 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 9.450% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317464 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -8.540% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317465 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 13.480% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317466 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 5.920% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317467 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.79 |  |  |  |  |  |  | XXXX | XXXX | 12.684% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317468 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -7.610% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317469 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.770% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317470 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | -1.510% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317471 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 4.560% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317472 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -1.970% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317473 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 6.050% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317474 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | 7.551% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317475 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -3.630% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317476 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 10.995% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317477 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | 4.936% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317478 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 28.685% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317479 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -14.578% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | -11.738% | XXXX | 0.78 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317480 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 3.960% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317481 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -1.370% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317482 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -1.440% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317483 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 2.400% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317484 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.840% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317485 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 4.500% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317486 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 0.770% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317487 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 5.205% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317488 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 6.460% | XXXX | 0.67 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317489 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -8.270% | XXXX | 0.72 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317490 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -10.000% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -26.700% | XXXX | 0.75 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317491 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 10.020% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317492 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -30.430% | XXXX | 0.76 | XX/XX/XXXX | XXXX | XXXX | -20.070% | XXXX | 0.71 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317493 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -4.217% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317494 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -1.000% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317495 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 2.880% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317496 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 8.020% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317497 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -0.040% | XXXX | 0.74 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317498 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 13.550% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317499 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -59.030% | XXXX | 0.69 | XX/XX/XXXX | XXXX | XXXX | -15.110% | XXXX | 0.86 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317500 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -0.360% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317501 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.78 |  |  |  |  |  |  | XXXX | XXXX | 34.692% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317502 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.780% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317503 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -4.510% | XXXX | 0.73 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317504 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.240% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317505 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -0.870% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317506 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -5.990% | XXXX | 0.5 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317507 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 19.181% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317508 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -6.180% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317509 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -14.560% | XXXX | 0.76 | XX/XX/XXXX | XXXX | XXXX | 0.780% | XXXX | 0.9 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317510 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 90.209% | XXXX | 0.67 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317511 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 17.058% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317512 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -3.870% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317513 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 13.246% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317514 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -4.680% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317515 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -13.990% | XXXX | 0.87 | XX/XX/XXXX | XXXX | XXXX | -8.200% | XXXX | 0.85 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317516 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.77 |  |  |  |  |  |  | XXXX | XXXX | 0.860% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317517 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.630% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317518 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -2.970% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317519 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | 0.110% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317520 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 13.700% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317521 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -7.440% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317522 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -1.570% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317523 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 8.555% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317524 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -7.380% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317525 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 6.630% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317526 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 1.850% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317527 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.990% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317528 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 3.920% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317529 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 4.060% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317530 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -25.774% | XXXX | 0.82 | XX/XX/XXXX | XXXX | XXXX | -27.240% | XXXX | 0.61 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317531 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 53.963% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317532 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -7.890% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317533 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 0.930% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317534 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317535 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -4.430% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317536 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 12.480% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317537 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | -11.109% | XXXX | 0.86 | XX/XX/XXXX | XXXX | XXXX | -4.250% | XXXX | 0.7 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317538 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 2.306% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317539 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 6.210% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317540 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.79 |  |  |  |  |  |  | XXXX | XXXX | 10.875% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317541 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 6.790% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317542 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 3.729% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317543 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 0.099% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317544 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.710% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317545 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 3.920% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317546 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -8.918% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317547 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | -2.311% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317548 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -4.047% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317549 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 10.169% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317550 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 8.380% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317551 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -7.227% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317552 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -28.434% | XXXX | 0.85 | XX/XX/XXXX | XXXX | XXXX | -46.280% | XXXX | 0.85 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317553 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -4.910% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317554 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -3.846% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317555 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -11.400% | XXXX | 0.7 | XX/XX/XXXX | XXXX | XXXX | -0.320% | XXXX | 0.74 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317556 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.78 |  |  |  |  |  |  | XXXX | XXXX | 20.441% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317557 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 10.260% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317558 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 8.520% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317559 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.090% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317560 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX |  | XXXX | -100.000% | XXXX | 0 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317561 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 9.760% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317562 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 10.820% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317563 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 0.010% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317564 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 3.690% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317565 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 6.531% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317566 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -16.170% | XXXX | 0.89 | XX/XX/XXXX | XXXX | XXXX | -16.610% | XXXX | 0.82 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317567 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -2.681% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317568 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -2.110% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317569 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 4.660% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317570 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 21.688% | XXXX | 0.76 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317571 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.77 |  |  |  |  |  |  | XXXX | XXXX | 5.435% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317572 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 3.870% | XXXX | 0.91 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317573 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 13.690% | XXXX | 0.74 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317574 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -6.250% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317575 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 0.948% | XXXX | 0.75 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317576 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -16.040% | XXXX | 0.84 | XX/XX/XXXX | XXXX | XXXX | -11.420% | XXXX | 0.96 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317577 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -3.709% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317578 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -19.170% | XXXX | 0.75 | XX/XX/XXXX | XXXX | XXXX | -3.230% | XXXX | 0.74 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317579 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  | XXXX | XXXX | -6.000% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317580 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 2.680% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317581 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -7.810% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317582 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 56.900% | XXXX | 0.53 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317583 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 7.360% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317584 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -4.250% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317585 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -1.820% | XXXX | 0.85 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317586 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 0.633% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317587 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.300% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317588 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -7.585% | XXXX | 0.78 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317589 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 4.590% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317590 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -4.900% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317591 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -10.880% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | 0.640% | XXXX | 0.88 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317592 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.8 |  |  |  |  |  |  | XXXX | XXXX | 0.371% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317593 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -0.991% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317594 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.82 |  |  |  |  |  |  | XXXX | XXXX | 20.561% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317595 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.400% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317596 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -0.760% | XXXX | 0.5 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317597 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 1.691% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317598 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -10.810% | XXXX | 0.87 | XX/XX/XXXX | XXXX | XXXX | -7.300% | XXXX | 0.97 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317599 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 13.792% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317600 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 3.160% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317601 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 0.380% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317602 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -4.930% | XXXX | 0.72 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317603 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -2.420% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317604 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 1.585% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317605 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -1.370% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317606 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 2.265% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317607 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -5.570% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317608 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 7.830% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317609 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.508% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317610 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -6.020% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317611 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 0.846% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317612 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 6.010% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317613 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 25.350% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317614 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 2.030% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317615 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -1.530% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317616 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 0.820% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317617 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 6.300% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317618 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -7.590% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317619 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.590% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317620 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -8.010% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317621 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -2.300% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317622 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -6.730% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317623 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 4.330% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317624 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 21.898% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317625 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XX/XX/XXXX | XXXX | 1 |  |  |  |  |  |  | XXXX | XXXX | 11.070% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8317626 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -0.470% | XXXX | 0.69 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317627 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.780% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317628 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 4.950% | XXXX | 0.8 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317629 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -3.280% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317630 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -2.310% | XXXX | 0.94 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317631 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | 11.402% | XXXX | 0.7 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317632 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | -0.140% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317633 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.83 |  |  |  |  |  |  | XXXX | XXXX | 21.792% | XXXX | 0.84 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317634 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 1.160% | XXXX | 0.96 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317635 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 7.940% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317636 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -3.720% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317637 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.050% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317638 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -1.570% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317639 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | 0.724% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317640 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -5.300% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317641 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 3.661% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317642 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | -21.540% | XXXX | 0.92 | XX/XX/XXXX | XXXX | XXXX | -24.330% | XXXX | 0.69 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317643 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.85 |  |  |  |  |  |  | XXXX | XXXX | 10.095% | XXXX | 0.77 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317644 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 2.010% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317645 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | BPO as-is | XX/XX/XXXX | XXXX | 0.99 |  |  |  |  |  |  |  | XXXX | -100.000% | XXXX |  | XX/XX/XXXX | XXXX | XXXX | -9.760% | XXXX | 0.57 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317646 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 1.740% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317647 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.9 |  |  |  |  |  |  | XXXX | XXXX | 2.318% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317648 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -0.830% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317649 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | -7.960% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317650 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | -11.036% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | -13.990% | XXXX | 0.88 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317651 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 7.210% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317652 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | -14.380% | XXXX | 0.81 | XX/XX/XXXX | XXXX | XXXX | 1.210% | XXXX | 0.85 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317653 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.76 |  |  |  |  |  |  | XXXX | XXXX | 16.637% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317654 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 10.388% | XXXX | 0.9 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317655 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.96 |  |  |  |  |  |  | XXXX | XXXX | 2.690% | XXXX | 0.92 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317656 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 10.419% | XXXX | 0.79 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317657 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | -4.000% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317658 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.97 |  |  |  |  |  |  | XXXX | XXXX | 2.701% | XXXX | 0.95 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317659 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -1.180% | XXXX | 0.98 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317660 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.86 |  |  |  |  |  |  | XXXX | XXXX | 15.447% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317661 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -5.400% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8317662 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 0.829% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222797 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.76 |  |  |  |  |  |  | XXXX | XXXX | 7.296% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222798 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.87 |  |  |  |  |  |  | XXXX | XXXX | 6.098% | XXXX | 1 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222800 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.89 |  |  |  |  |  |  | XXXX | XXXX | -5.679% | XXXX | 0.83 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **AVM<br>Confidence<br>Score** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Confidence<br>Score** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 8222801 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -3.000% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222802 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.91 |  |  |  |  |  |  | XXXX | XXXX | 18.810% | XXXX | 0.89 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222803 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -6.740% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222804 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.93 |  |  |  |  |  |  | XXXX | XXXX | 0.710% | XXXX | 0.93 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8222805 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.92 |  |  |  |  |  |  | XXXX | XXXX | 3.800% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215439 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.81 |  |  |  |  |  |  | XXXX | XXXX | 10.794% | XXXX | 0.82 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215432 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.94 |  |  |  |  |  |  | XXXX | XXXX | -4.886% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215438 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 3.000% | XXXX | 0.87 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215433 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | -7.050% | XXXX | 0.86 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215430 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | 4.050% | XXXX | 0.88 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215437 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.95 |  |  |  |  |  |  | XXXX | XXXX | -0.200% | XXXX | 0.97 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 8215431 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX | 0.88 |  |  |  |  |  |  | XXXX | XXXX | 14.370% | XXXX | 0.81 | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.4

**Exhibit 99.4** 

Rebuttal Findings 06.15.2026

Seller:

Deal ID:

Total Loan Count: 492

---

| | | |
|:---|:---|:---|
| Loans by Grade in Population | Loans by Grade in Population | Loans by Grade in Population |
| Loan Grade | Count | Percentage |
| 1 | 428 | 86.99% |
| 2 | 25 | 5.08% |
| 3 | 39 | 7.93% |

---

---

| | | |
|:---|:---|:---|
| Trade Summary | Trade Summary | Trade Summary |
| Loan Status | Count | Percentage |
|  Review Complete | 453 | 92.07% |
|  In Rebuttal | 39 | 7.93% |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | | Finding Status | Finding Status | Finding Status | Finding Status | Final Finding Grade | Final Finding Grade | Final Finding Grade | Final Finding Grade |
| Initial Findings Grade | Count | Rebuttal<br>Received | Responses<br>Given | Open | Resolved | UpHeld | Void | 3 | 4 | 2 | 1 |
| 3 | 74 | 68 | 68 | 39 | 35 | 0 | 0 | 39 | 0 | 26 | 9 |
| 1 | 1402 | 0 | 0 | 1402 | 0 | 0 | 0 | 0 | 0 | 0 | 1402 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Initial Finding<br>Grade | Initial Finding<br>Grade | Initial Finding<br>Grade | Final Finding<br>Grade | Final Finding<br>Grade | Final Finding<br>Grade |
| Exceptions | Count | 3 | 4 | 2 | 3 | 4 | 2 |
|  Compliance | 17 | 17 | 0 | 0 | 7 | 0 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Security Instrument - Name Discrepancy | 10 | 10 | 0 | 0 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Security Instrument - Missing Rider/Addendum | 2 | 2 | 0 | 0 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Security Instrument - Inaccurate | 2 | 2 | 0 | 0 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Testing | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rescission Test | 1 | 1 | 0 | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Security Instrument - Incomplete | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
|  Valuation | 57 | 57 | 0 | 0 | 32 | 0 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appraisal - Value is not supported within a 10% variance | 57 | 57 | 0 | 0 | 32 | 0 | 25 |

---

## Exhibit 99.5

**Exhibit 99.5** 

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317545 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **?The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 3 | 1 | 3 | 3 C A |
| XXXX | 8317506 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317213 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317387 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317222 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317261 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317500 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317604 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317644 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317345 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317360 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317643 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317309 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317494 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317301 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317299 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317586 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317496 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317205 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317280 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317386 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317359 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317296 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317591 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317314 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317453 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317636 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317600 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317425 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317484 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317242 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317566 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317551 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317411 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317521 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317653 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317497 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317475 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317546 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317400 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317377 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317264 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317239 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317520 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317283 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317542 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317590 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317325 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317488 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317481 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317474 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317330 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317415 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317208 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317279 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317361 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317379 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317543 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317489 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317247 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317336 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317353 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317612 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317554 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317563 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317580 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317284 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317234 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317218 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317472 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317302 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317443 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317265 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317622 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Inaccurate-** <br> **The security instrument was not completed accurately. PUD name is XXXX on the PUD Rider, however the PUD name is missing on the Legal description** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |
| XXXX | 8317219 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317651 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Inaccurate-** <br> **The security instrument was not completed accurately. The mortgage has the borrowers listed as XXXX and XXXX however, the notary signed the acknowledgement that the mortgage was signed by XXXX and Anmary XXXX. There was not a Name Affidavit in the file to confirm the borrower was acknowledged correctly.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |
| XXXX | 8317555 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317334 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317605 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317349 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317192 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317355 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317458 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317303 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317326 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317248 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317307 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317310 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317297 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317629 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317237 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317329 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317658 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317228 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317640 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317536 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317523 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317608 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317656 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317514 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317231 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317614 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317635 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317616 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317435 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317414 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317572 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317479 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317467 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317504 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317659 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317471 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317483 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317362 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317210 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317294 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317339 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317288 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317226 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317298 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317322 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317340 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317544 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317430 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317459 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317431 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317592 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317502 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317393 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317492 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317246 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317460 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317585 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317285 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317356 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The AVM states the most recent owner is XXXX, XXXX, current mortgage states our borrower is XXXX. There is no evidence that XXXX, XXXX was removed as owner.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 3 | 1 | 3 | 2 C B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317589 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317552 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317650 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317652 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317509 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317439 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317331 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317188 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317263 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317358 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317371 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317342 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317576 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317649 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317225 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317449 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317212 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317230 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317270 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317582 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317454 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317424 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317573 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317596 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317229 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317275 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317401 | XXXX | XXXX | XXXX |  |  | **(Clear) State Testing-** <br> **The file failed one or more of the state threshold tests. The loan failed the origination fee test. The loan has an origination fee that is greater than XXXX% of the loan's principal.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The XXXX DC Origination fee test violation is an EV2 grade. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 3 | 2 | 3 | 3 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317333 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317194 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317191 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317357 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317351 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317375 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317341 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317390 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317531 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317233 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317627 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317434 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317373 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317293 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317399 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317291 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317319 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317537 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317618 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317388 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317567 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317406 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317277 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317254 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317365 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317522 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317198 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317378 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317187 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317633 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317625 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317607 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317606 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317641 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317195 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317541 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317534 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317621 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317499 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317367 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317631 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317381 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317391 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317571 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317570 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317418 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317457 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317395 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317369 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317257 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317344 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The AVM states the most recent over is XXXX. However, current mortgage, and name affidavit state our borrower is only known as XXXX. There is no evidence that XXXX and XXXX are one in the same person.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 8317473 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317501 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317328 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317273 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317451 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317476 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317519 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317240 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317392 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317380 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317461 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317440 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Incomplete-** <br> **The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The re-executed mortgage on XXXX/XXXX did not have a notary acknowledgement for XXXX.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 3 | 1 | 3 | 2 C B A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317397 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317422 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317300 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317383 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317327 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317376 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317611 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317258 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317538 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317465 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317209 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317274 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 3 | 1 | 3 | 2 C B A |
| XXXX | 8317452 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317632 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317317 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317510 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317578 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317207 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317559 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317350 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317550 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317626 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317236 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317617 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317223 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317189 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317553 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317490 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317630 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 3 | 1 | 3 | 2 C B A |
| XXXX | 8317211 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317290 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317235 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317645 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317487 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317374 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317602 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317220 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317267 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317186 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317445 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317444 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317335 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317654 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317278 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317594 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317498 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317282 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317657 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317313 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317469 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317366 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317637 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317354 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317638 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317447 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317427 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317426 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317455 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317577 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317593 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317441 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317495 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317337 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317583 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317268 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317587 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317256 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317517 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317286 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317405 | XXXX | XXXX | XXXX |  |  | **(Open) Rescission Test-** <br> **The loan closed on XX/XX/XXXX and the loan funded on XX/XX/XXXX. There was no recession end date provided in the loan file. Unable to determine if the borrower was provided XXXX business days to rescind the transaction.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is not sufficient to clear the finding. The executed Right to Cancel has been provided. The borrower executed the Right to Cancel on XX/XX/XXXX; the borrower has until midnight of XX/XX/XXXX to rescind. The funding date provided is XX/XX/XXXX. Provide evidence of funding for review. (XXXX)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |
| XXXX | 8317568 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317478 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317203 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317599 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317609 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317561 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317547 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317204 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317217 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317252 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317245 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Missing Rider/Addendum-** <br> **The following referenced Rider is missing: The Condo Rider provided is incomplete as the condo project has not been listed on page XXXX of the loan file.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317238 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317493 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317315 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317579 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317346 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317201 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317389 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317560 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317620 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317466 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317385 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317662 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317193 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317595 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317306 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317642 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317271 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317347 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317429 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317548 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317647 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317227 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317249 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317512 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317292 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317304 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317420 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317202 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317318 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317206 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317260 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317214 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317575 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317603 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317403 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317253 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317624 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317508 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317615 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317311 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317266 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317372 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317281 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317289 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317224 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Missing Rider/Addendum-** <br> **The following referenced Rider is missing: The Condo Rider provided is incomplete as the condo project has not been listed on page XXXX of the loan file.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317562 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317505 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317352 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **he loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  | 3 | 3 | 1 | 1 | 3 | 1 | 3 | 3 C A |
| XXXX | 8317646 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317413 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317511 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317215 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317530 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317404 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317200 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317464 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317634 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317448 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Name Discrepancy-** <br> **The security instrument was not completed accurately. The name of the Trust listed in the mortgage does not match the name of the Trust listed in the Trust documents. The Trust execution date of XX/XX/XXXX on the Security Instrument is incorrect compared to the Trust Documents with execution date XX/XX/XXXX.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |
| XXXX | 8317456 | XXXX | XXXX | XXXX |  |  | **(Open) Security Instrument - Name Discrepancy-** <br> **The security instrument was not completed accurately. The name of XXXX on the mortgage does not match the full name of the Borrowers/Trustees listed in the Trust documents. The Security Instrument lists the Borrower/Trustee name as XXXX, when the correct name is XXXX, as reflected on the Trust documents.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 3 | 1 | 1 | 3 | 3 | 1 | 1 C A |
| XXXX | 8317558 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317241 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317269 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317525 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317410 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317619 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317433 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317199 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317262 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317244 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317486 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317305 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317463 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317428 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317610 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317232 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317533 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317482 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317409 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317485 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317295 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317557 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317584 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317639 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317384 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317407 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317259 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317437 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317613 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317348 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317565 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317308 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317515 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317477 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Open) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did not support the origination value within 10%. (XXXX)** |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A |
| XXXX | 8317398 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317332 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317417 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317556 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317316 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317549 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317513 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317382 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317312 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317516 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317251 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317462 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317432 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317396 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317250 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317442 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317528 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317623 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317655 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317588 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317581 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317518 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317532 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317526 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317421 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317628 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317468 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317601 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317412 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317436 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317503 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317419 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317660 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317243 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317343 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317507 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317480 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317529 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317363 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317450 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317276 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317197 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317569 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317540 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8317368 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317423 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317320 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317597 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317535 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317416 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317524 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317564 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317196 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317661 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317255 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317321 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317364 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317574 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317216 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317598 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317190 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317446 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317470 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317438 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317491 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317221 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317338 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317272 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317394 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8317370 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317324 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317402 | XXXX | XXXX | XXXX |  |  | **(Clear) Security Instrument - Name Discrepancy-** <br> **The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower's ownership of the subject property.**<br> **Response 1 (XX/XX/XXXX XX:XXAM)**<br> **The documentation provided is sufficient to clear the finding. (Resolved)** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | 8317287 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317408 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317323 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317539 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317527 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8317648 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8222802 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222798 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222797 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is not supported within a 10% variance-** <br> **The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.**<br> **Response 1 (XX/XX/XXXX XX:XXPM)**<br> **The second AVM provided did support the origination value within 10%. (Resolved)** |  | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | 8222804 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222803 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222801 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222805 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8222800 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215439 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan<br>Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original Loan<br>Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial Credit<br>Rating** | **Final Credit Rating** | **Initial Compliance<br>Rating** | **Final Compliance<br>Rating** | **Initial Property<br>Valuation<br>Rating** | **Final Property<br>Valuation<br>Rating** |
| XXXX | 8215438 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215431 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215430 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215437 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215432 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | 8215433 | XXXX | XXXX | XXXX |  |  | **(Clear) No Compliance Findings-** <br> **The loan is in compliance with all applicable laws and regulations.** | **(Clear) No Credit Finding-** <br> **The loan meets all applicable credit guidelines.** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> **The secondary valuation product supported the original appraised value within 10%.** |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

## Exhibit 99.6

**Exhibit 99.6** 

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317186 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317186 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317186 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317187 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317187 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317187 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215439 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215439 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215439 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317188 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317188 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317188 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317189 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317189 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317189 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215432 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215432 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215432 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215438 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215438 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215438 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317190 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317190 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317190 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

---

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317191 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317191 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317191 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222797 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8222797 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8222797 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXPM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317192 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317192 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317192 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222798 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222798 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222798 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317193 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317193 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317193 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215433 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215433 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215433 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317194 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317194 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317194 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317195 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317195 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317195 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8215430 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215430 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215430 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317196 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317196 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317196 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215437 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215437 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215437 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317197 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317197 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317197 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317198 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317198 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317198 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215431 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215431 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8215431 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317199 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317199 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317199 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222800 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222800 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222800 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317200 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317200 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317200 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317201 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317201 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317201 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317202 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317202 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317202 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317203 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317203 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317203 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222801 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222801 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222801 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222802 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222802 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222802 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222803 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222803 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222803 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317204 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317204 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317204 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8222804 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222804 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222804 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222805 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222805 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8222805 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317205 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317205 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317205 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317206 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317206 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317206 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317207 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317207 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317207 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317208 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317208 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317208 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317209 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317209 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317209 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317210 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317210 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317210 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317211 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317211 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317211 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317212 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317212 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317212 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317213 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317213 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317213 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317214 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317214 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317214 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317215 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317215 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317215 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317216 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317216 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317216 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317217 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317217 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317217 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317218 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317218 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317218 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317219 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317219 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317219 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317220 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317220 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317220 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317221 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317221 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317221 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317222 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317222 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317222 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317223 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317223 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317223 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317224 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Missing Rider/Addendum | XXXX | The following referenced Rider is missing: The Condo Rider provided is incomplete as the condo project has not been listed on page XXXX of the loan file. |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317224 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317224 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317225 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317225 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317225 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317226 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317226 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317226 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317227 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317227 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317227 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317228 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317228 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317228 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317229 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317229 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317229 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317230 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317230 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317230 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317231 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317231 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317231 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317232 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317232 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317232 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317233 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317233 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317233 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317234 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317234 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317234 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317235 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317235 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317235 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317236 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317236 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317236 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317237 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317237 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317237 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317238 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317238 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317238 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317239 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317239 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317239 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317240 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317240 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317240 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317241 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317241 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317241 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317242 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317242 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317242 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317243 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317243 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317243 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317244 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317244 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317244 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317245 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Missing Rider/Addendum | XXXX | The following referenced Rider is missing: The Condo Rider provided is incomplete as the condo project has not been listed on page XXXX of the loan file. |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317245 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317245 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317246 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317246 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317246 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317247 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317247 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317247 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317248 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317248 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317248 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317249 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317249 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317249 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317250 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317250 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317250 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317251 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317251 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317251 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317252 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317252 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317252 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317253 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317253 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317253 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317254 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317254 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317254 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317255 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317255 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317255 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317256 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317256 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317256 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317257 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317257 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317257 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317258 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317258 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317258 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317259 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317259 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317259 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317260 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317260 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317260 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317261 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317261 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317261 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317262 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317262 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317262 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317263 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317263 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317263 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317264 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317264 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317264 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317265 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317265 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317265 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317266 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317266 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317266 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317267 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317267 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317267 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317268 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317268 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317268 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317269 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317269 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317269 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317270 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317270 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317270 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317271 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317271 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317271 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317272 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317272 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317272 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317273 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317273 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317273 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317274 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed to our borrowers and name affidavit attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 2 |
|  XXXX | 8317274 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317274 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317275 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317275 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317275 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317276 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317276 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317276 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317277 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317277 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317277 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317278 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317278 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317278 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317279 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317279 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317279 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317280 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317280 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317280 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317281 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317281 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317281 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317282 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317282 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317282 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317283 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317283 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317283 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317284 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317284 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317284 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317285 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317285 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317285 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317286 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317286 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317286 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317287 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317287 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317287 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317288 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317288 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317288 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317289 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317289 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317289 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317290 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317290 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317290 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317291 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317291 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317291 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317292 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317292 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317292 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317293 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317293 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317293 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317294 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317294 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317294 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317295 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317295 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317295 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317296 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317296 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317296 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317297 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317297 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317297 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317298 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317298 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317298 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317299 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317299 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317299 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317300 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317300 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317300 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317301 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317301 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317301 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317302 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317302 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317302 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317303 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317303 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317303 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317304 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317304 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317304 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317305 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317305 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317305 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317306 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317306 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317306 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317307 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317307 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317307 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317308 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317308 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317308 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317309 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317309 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317309 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317310 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317310 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317310 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317311 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317311 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317311 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317312 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317312 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317312 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317313 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317313 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317313 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317314 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317314 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317314 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317315 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317315 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317315 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317316 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317316 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317316 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317317 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317317 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317317 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317318 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317318 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317318 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317319 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317319 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317319 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317320 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317320 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317320 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317321 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317321 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317321 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317322 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317322 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317322 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317323 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317323 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317323 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317324 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317324 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317324 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317325 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317325 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317325 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317326 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317326 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317326 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317327 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317327 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317327 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317328 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317328 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317328 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317329 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317329 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317329 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317330 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317330 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317330 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317331 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317331 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317331 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317332 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317332 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317332 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317333 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317333 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317333 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317334 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317334 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317334 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317335 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317335 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317335 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317336 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317336 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317336 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317337 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317337 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317337 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317338 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317338 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317338 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317339 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317339 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317339 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317340 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317340 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317340 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317341 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317341 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317341 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317342 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317342 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317342 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317343 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317343 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317343 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317344 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The AVM states the most recent over is XXXX. However, current mortgage, and name affidavit state our borrower is only known as XXXX. There is no evidence that XXXX and XXXX are one in the same person. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed and name affidavit attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 1 |
|  XXXX | 8317344 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 1 |
|  XXXX | 8317344 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 1 |
|  XXXX | 8317345 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317345 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317345 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317346 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317346 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317346 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317347 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317347 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317347 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317348 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317348 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317348 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317349 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317349 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317349 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317350 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317350 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317350 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317351 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317351 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317351 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317352 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | he loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed and name affidavit attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 3 |
|  XXXX | 8317352 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317352 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317353 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317353 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317353 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317354 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317354 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317354 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317355 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317355 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317355 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317356 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The AVM states the most recent owner is XXXX, XXXX, current mortgage states our borrower is XXXX. There is no evidence that XXXX, XXXX was removed as owner. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 2 |
|  XXXX | 8317356 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317356 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317357 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317357 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317357 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317358 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317358 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317358 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317359 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317359 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317359 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317360 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317360 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317360 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317361 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317361 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317361 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317362 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317362 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317362 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317363 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317363 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317363 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317364 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317364 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317364 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317365 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317365 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317365 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317366 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317366 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317366 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317367 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317367 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317367 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317368 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317368 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317368 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317369 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317369 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317369 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317370 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317370 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317370 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317371 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317371 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317371 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317372 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317372 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317372 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317373 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317373 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317373 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317374 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317374 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317374 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317375 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317375 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317375 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317376 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317376 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317376 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317377 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317377 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317377 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317378 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317378 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317378 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317379 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317379 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317379 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317380 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317380 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317380 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317381 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317381 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317381 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317382 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317382 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317382 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317383 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317383 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317383 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317384 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317384 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317384 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317385 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317385 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317385 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317386 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317386 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317386 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317387 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317387 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317387 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317388 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317388 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317388 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317389 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317389 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317389 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317390 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317390 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317390 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317391 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317391 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317391 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317392 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317392 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317392 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317393 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317393 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317393 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317394 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317394 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317394 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317395 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317395 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317395 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317396 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317396 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317396 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317397 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317397 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317397 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317398 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317398 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317398 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317399 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317399 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317399 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317400 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317400 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317400 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317401 | 1 of 3 | XXXX | XXXX | Compliance | State Testing | XXXX | The file failed one or more of the state threshold tests. The loan failed the origination fee test. The loan has an origination fee that is greater than XXXX% of the loan's principal. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Please confirm the grade XXXX finding on this one. Shouldn&#XXXX;t this be a grade XXXX to be consistent with historical treatment?** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The XXXX DC Origination fee test violation is an EV2 grade. (Resolved)** |  |  | 3 | 2 | 3 | 3 |
|  XXXX | 8317401 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317401 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317402 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 1 |
|  XXXX | 8317402 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 1 |
|  XXXX | 8317402 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317403 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317403 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317403 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317404 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317404 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317404 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317405 | 1 of 3 | XXXX | XXXX | Compliance | Rescission Test | XXXX | The loan closed on XX/XX/XXXX and the loan funded on XX/XX/XXXX. There was no recession end date provided in the loan file. Unable to determine if the borrower was provided XXXX business days to rescind the transaction. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>RTC attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is not sufficient to clear the finding. The executed Right to Cancel has been provided. The borrower executed the Right to Cancel on XX/XX/XXXX; the borrower has until midnight of XX/XX/XXXX to rescind. The funding date provided is XX/XX/XXXX. Provide evidence of funding for review. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317405 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317405 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317406 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317406 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317406 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317407 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317407 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317407 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317408 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317408 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317408 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317409 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317409 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317409 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317410 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317410 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317410 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317411 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317411 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317411 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317412 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317412 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317412 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317413 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317413 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317413 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317414 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317414 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317414 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317415 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317415 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317415 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317416 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317416 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317416 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317417 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317417 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317417 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317418 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317418 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317418 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317419 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317419 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317419 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317420 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317420 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317420 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317421 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317421 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317421 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317422 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317422 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317422 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317423 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317423 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317423 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317424 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317424 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317424 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317425 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317425 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317425 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317426 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317426 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317426 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317427 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317427 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317427 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317428 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317428 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317428 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317429 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317429 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317429 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317430 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317430 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317430 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317431 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317431 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317431 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317432 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317432 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317432 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317433 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317433 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317433 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317434 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317434 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317434 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317435 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317435 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317435 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317436 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317436 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317436 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317437 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317437 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317437 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317438 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317438 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317438 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317439 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317439 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317439 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317440 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The re-executed mortgage on XXXX/XXXX did not have a notary acknowledgement for XXXX. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Recorded deed attached that includes notary acknowledgements for both borrowers** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 2 |
|  XXXX | 8317440 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317440 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317441 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317441 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317441 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317442 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317442 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317442 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317443 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317443 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317443 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317444 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317444 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317444 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317445 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317445 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317445 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317446 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317446 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317446 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317447 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317447 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317447 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317448 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The security instrument was not completed accurately. The name of the Trust listed in the mortgage does not match the name of the Trust listed in the Trust documents. The Trust execution date of XX/XX/XXXX on the Security Instrument is incorrect compared to the Trust Documents with execution date XX/XX/XXXX. |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317448 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317448 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317449 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317449 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317449 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317450 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317450 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317450 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317451 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317451 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317451 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317452 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317452 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317452 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317453 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317453 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317453 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317454 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317454 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317454 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317455 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317455 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317455 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317456 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The security instrument was not completed accurately. The name of XXXX on the mortgage does not match the full name of the Borrowers/Trustees listed in the Trust documents. The XXXX lists the Borrower/Trustee name as XXXX, when the correct name is XXXX, as reflected on the Trust documents. |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317456 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317456 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317457 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317457 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317457 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317458 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317458 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317458 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317459 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317459 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317459 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317460 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317460 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317460 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317461 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317461 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317461 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317462 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317462 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317462 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317463 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317463 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317463 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317464 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317464 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317464 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317465 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317465 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317465 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317466 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317466 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317466 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317467 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317467 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317467 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317468 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317468 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317468 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317469 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317469 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317469 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317470 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317470 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317470 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317471 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317471 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317471 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317472 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317472 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317472 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317473 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317473 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317473 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317474 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317474 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317474 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317475 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317475 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317475 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317476 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317476 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317476 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317477 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317477 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317477 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317478 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317478 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317478 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317479 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317479 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317479 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317480 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317480 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317480 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317481 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317481 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317481 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317482 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317482 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317482 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317483 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317483 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317483 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317484 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317484 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317484 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317485 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317485 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317485 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317486 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317486 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317486 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317487 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317487 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317487 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317488 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317488 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317488 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317489 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317489 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317489 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317490 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317490 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317490 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317491 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317491 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317491 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317492 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317492 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317492 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317493 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317493 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317493 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317494 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317494 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317494 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317495 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317495 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317495 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317496 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317496 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317496 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317497 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317497 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317497 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317498 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317498 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317498 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317499 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317499 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317499 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317500 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317500 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317500 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317501 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317501 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317501 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317502 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317502 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317502 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317503 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317503 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317503 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317504 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317504 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317504 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317505 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317505 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317505 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317506 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317506 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317506 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317507 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317507 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317507 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317508 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317508 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317508 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317509 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317509 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317509 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317510 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317510 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317510 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317511 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317511 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317511 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317512 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317512 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317512 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317513 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317513 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317513 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317514 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317514 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317514 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317515 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317515 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317515 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317516 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317516 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317516 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317517 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317517 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317517 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317518 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317518 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317518 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317519 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317519 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317519 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317520 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317520 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317520 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317521 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317521 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317521 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317522 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317522 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317522 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317523 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317523 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317523 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317524 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317524 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317524 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317525 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317525 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317525 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317526 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317526 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317526 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317527 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317527 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317527 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317528 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317528 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317528 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317529 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317529 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317529 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317530 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317530 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317530 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317531 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317531 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317531 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317532 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317532 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317532 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317533 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317533 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317533 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317534 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317534 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317534 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317535 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317535 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317535 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317536 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317536 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317536 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317537 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317537 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317537 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317538 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317538 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317538 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317539 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317539 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317539 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317540 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317540 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317540 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317541 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317541 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317541 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317542 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317542 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317542 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317543 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317543 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317543 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317544 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317544 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317544 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317545 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | ?The loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 3 |
|  XXXX | 8317545 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317545 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM requested** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317546 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317546 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317546 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317547 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317547 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317547 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317548 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317548 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317548 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317549 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317549 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317549 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317550 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317550 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317550 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317551 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317551 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317551 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317552 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317552 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317552 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317553 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317553 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317553 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317554 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317554 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317554 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317555 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317555 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317555 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317556 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317556 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317556 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317557 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317557 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317557 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317558 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317558 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317558 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317559 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317559 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317559 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317560 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317560 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317560 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317561 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317561 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317561 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317562 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317562 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317562 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317563 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317563 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317563 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317564 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317564 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317564 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317565 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317565 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317565 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317566 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317566 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317566 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317567 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317567 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317567 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317568 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317568 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317568 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317569 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317569 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317569 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317570 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 1 |
|  XXXX | 8317570 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 1 |
|  XXXX | 8317570 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317571 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317571 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317571 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317572 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317572 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317572 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317573 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317573 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317573 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317574 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317574 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317574 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317575 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317575 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317575 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317576 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317576 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317576 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317577 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317577 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317577 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317578 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317578 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317578 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317579 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317579 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317579 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317580 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317580 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317580 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317581 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317581 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317581 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317582 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317582 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317582 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317583 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317583 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317583 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317584 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317584 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317584 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317585 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317585 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317585 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317586 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317586 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317586 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317587 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317587 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317587 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317588 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317588 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317588 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317589 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317589 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317589 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317590 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317590 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317590 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317591 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317591 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317591 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317592 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317592 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317592 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317593 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317593 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317593 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317594 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317594 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317594 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317595 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317595 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317595 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317596 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317596 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317596 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317597 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317597 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317597 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317598 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317598 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317598 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317599 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317599 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317599 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317600 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317600 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317600 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317601 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317601 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317601 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317602 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317602 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317602 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317603 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317603 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317603 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317604 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317604 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317604 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317605 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317605 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317605 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317606 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317606 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317606 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317607 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317607 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317607 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317608 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317608 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317608 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317609 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317609 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317609 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317610 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317610 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317610 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317611 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317611 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317611 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317612 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317612 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317612 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317613 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317613 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317613 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317614 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317614 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317614 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317615 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317615 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317615 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317616 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317616 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317616 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317617 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317617 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317617 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317618 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317618 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317618 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317619 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317619 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317619 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317620 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317620 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317620 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317621 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317621 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317621 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317622 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Inaccurate | XXXX | The security instrument was not completed accurately. PUD name is XXXX on the PUD Rider, however the PUD name is missing on the Legal description |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317622 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317622 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317623 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317623 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317623 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317624 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317624 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317624 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317625 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317625 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317625 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317626 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317626 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317626 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317627 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317627 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317627 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317628 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317628 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317628 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317629 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317629 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317629 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317630 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Name Discrepancy | XXXX | The loan file does not include documentation confirming the vested interest on the XXXX or the Borrower's ownership of the subject property. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXPM) <br>Transfer deed and name affidavit attached** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The documentation provided is sufficient to clear the finding. (Resolved)** |  |  | 3 | 1 | 3 | 2 |
|  XXXX | 8317630 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317630 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317631 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317631 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317631 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317632 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317632 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317632 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317633 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317633 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317633 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317634 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317634 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317634 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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------

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317635 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317635 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317635 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Upheld | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did not support the origination value within 10%. (XXXX)** |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317636 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317636 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317636 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317637 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317637 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 2 |
|  XXXX | 8317637 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXX | The AVM did not support the origination value within a 10% variance. | Resolved | **Rebuttal 1 (XX/XX/XXXX XX:XXAM) <br>2nd AVM provided** | **Response 1 (XX/XX/XXXX XX:XXAM) <br>The second AVM provided did support the origination value within 10%. (Resolved)** |  |  | 3 | 2 | 3 | 2 |
|  XXXX | 8317638 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317638 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317638 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317639 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317639 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317639 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317640 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317640 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317640 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317641 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317641 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317641 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317642 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317642 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317642 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

---

------

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317643 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317643 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317643 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317644 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317644 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317644 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317645 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317645 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317645 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317646 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317646 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317646 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317647 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317647 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317647 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317648 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317648 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317648 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317649 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317649 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317649 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317650 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317650 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317650 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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------

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317651 | 1 of 3 | XXXX | XXXX | Compliance | Security Instrument — Inaccurate | XXXX | The security instrument was not completed accurately. The mortgage has the borrowers listed as XXXX and Anmary XXXX however, the notary signed the acknowledgement that the mortgage was signed by XXXX and Anmary XXXX. There was not a Name Affidavit in the file to confirm the borrower was acknowledged correctly. |  |  |  |  |  | 3 | 3 | 3 | 3 |
|  XXXX | 8317651 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317651 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 3 | 3 |
|  XXXX | 8317652 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317652 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317652 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317653 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317653 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317653 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317654 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317654 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317654 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317655 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317655 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317655 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317656 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317656 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317656 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317657 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317657 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317657 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317658 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317658 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317658 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
|  XXXX | 8317659 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317659 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317659 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317660 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317660 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317660 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317661 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317661 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317661 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317662 | 1 of 3 | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317662 | 2 of 3 | XXXX | XXXX | Credit | No Credit Finding | XXXX | The loan meets all applicable credit guidelines. |  |  |  |  |  | 1 | 1 | 1 | 1 |
|  XXXX | 8317662 | 3 of 3 | XXXX | XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXX | The secondary valuation product supported the original appraised value within 10%. |  |  |  |  |  | 1 | 1 | 1 | 1 |

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## Exhibit 99.7

**Exhibit 99.7** 

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|:---|:---|
| ![LOGO](g160560dsp80a.jpg) | ![LOGO](g160560dsp80b.jpg) |

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**EXECUTIVE SUMMARY** 

**TABLE OF CONTENTS** 

**Table of Contents** 

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| | | |
|:---|:---|:---|
| I. | Overview | 2 |
| II. | Scope of Review | 2 |
| III. | Client Data Tape | 5 |
| IV. | Loan Products | 5 |
| V. | Summary of Ratings | 6 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Event Grade Definitions | 6 |
| VI.  | Diligence Reports Summary | 8 |

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Proprietary Notice: This document contains confidential information proprietary to VSPL and VSI and may not be reproduced, copied or used for purposes other than its intended use without the prior written consent of VSPL and VSI. The information in this document is subject to change without notice.

![LOGO](g160560dsp80.jpg)

Page 1 of 9

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|:---|:---|
| ![LOGO](g160560dsp81a.jpg) | ![LOGO](g160560dsp81b.jpg) |

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**I. OVERVIEW** 

Visionet performed a Due Diligence review of Non-Agency Mortgage loans originated by Figure Lending Corporation and obtained by our client. The review was conducted from May 2026 and June 2026.

Visionet followed the Nationally Recognized Statistical Rating Organizations (NRSRO) criteria while reviewing the loans. The population consists of a sample of 285 loans with an aggregate principal balance of $33,322,423.15

Each loan was re-underwritten as per applicable client guidelines, a regulatory compliance review was performed through compliance ease, where all the required tests were compliant with TRID and the Risk Indicator showing acceptable results. In addition to this, data tape was compared with the images of loan files to ascertain accuracy and completeness.

**II. SCOPE OF REVIEW** 

**A.** **CREDIT GUIDELINE REVIEW.** 

Visionet evaluated credit guideline compliance utilizing data provided by the Client. The review was performed within the agreed scope and relied on vendor-supplied information rather than direct verification of borrower records. The review process has been reviewed by leading rating agencies, including DBRS, S&P, and Moody's, which permit Visionet to assign securitization grades under their respective methodologies.

Credit and Property Guideline Adherence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Using data received from Client, Visionet will confirm that credit and property attributes conform to
Figure's guideline requirements for each borrower and that the borrower's credit profile adhered to the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. FICO/LTV/LIEN/Occupancy Matrix Adherence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Income, Debt and DTI calculation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income will be re-calculated using the raw data from PointServ for
paystubs and tax transcripts; and from Plaid for bank statement deposits and asset depletion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Debt will be recalculated using raw data from the data extract

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The income and debt data will be used to determine if the applicant qualifies per the guideline credit
eligibility criteria.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• DTI will be recalculated with the income and debt data to determine the DTI meets the guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• No Income Documents will be utilized in the re-calculations but rather
confirming the data from the source documents, PointServ and Plaid.

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| ![LOGO](g160560dsp81a.jpg) | ![LOGO](g160560dsp81b.jpg) |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Credit Report data review:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Visionet will review Credit Report data received from client to ensure that the items listed fit within the
guidelines/Matrices:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage Late payments, Collection accounts, overall total inquiries, Bankruptcies and foreclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Credit score will be used to determine the maximum allowable loan amount per guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Title Search, or raw data provided by Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) The lien position (first or junior) is determined through review of data provided by Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Visionet will review this data, in conjunction with the Figure decision algorithms to re-calculate the lien
balances.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. AVM Valuation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Visionet reviewed raw data AVM outputs / data to ensure that Figure has complied with its valuation criteria
outlined in their guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Review security document and Note/HELOC Agreement to ensure the Loan was closed in accordance with approval and
with all required signatures.

**B.** **COMPLIANCE REVIEW.** 

"Compliance Review" means that Visionet reviewed each Loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the Loan complies with the applicable Federal, State, and local regulatory requirements as noted below, each as amended, restated and/or replaced from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026,
as set forth below including 1026.6, 1026.15 and 1026.40.

Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Failure to provide the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. errors in the right of rescission notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. failure to provide the correct form of right of rescission notice;

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

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

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| ![LOGO](g160560dsp81a.jpg) | ![LOGO](g160560dsp81b.jpg) |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>TILA</u> 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Points and fees threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. APR threshold test;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment penalty test; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection
with a high-cost mortgage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Other Provisions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Texas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution
and associated regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Fed/State/Local Predatory Lending:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Prepay Penalties and Late Fees:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal and state specific late charge and prepayment penalty provisions. On loans listed as Consumer loans.
Check for all proper disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Exclusions</u>.

Visionet will not test:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Loan types that are excluded from compliance with TRID:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Technical formatting of disclosures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Other Post-consummation disclosures, including Escrow Closing Notice; and Mortgage servicing transfer and
partial payment notices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For Loans made by an FDIC-supervised institution or servicer, extended or renewed on or after January 1,
2016, whether prohibited fees were collected prior to the initial LE being issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Whether any fee is a "bona fide" fee for third-party services

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Whether the loans comply with all federal, state or local laws, constitutional provisions, regulations or
ordinances that are not expressly enumerated above.

**C.** **AVM VALUATION REVIEW** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Visionet reviewed raw data AVM outputs / data to ensure that Figure has complied with its valuation criteria
outlined in their guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) All loans had a first secondary AVM ordered through another AVM vendor different than the original to ensure
value was supported within 10% of original AVM value, if value was supported an A value was provided. If the value was not supported a second secondary AVM was ordered through a third vendor, if value was supported a B grade was assigned. If value
was not supported a C grade was assigned.

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| ![LOGO](g160560dsp81a.jpg) | ![LOGO](g160560dsp81b.jpg) |

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**III. CLIENT DATA TAPE** 

For Two hundred Eighty Five (285) mortgage loans, Visionet compared data fields on the data tape provided by Client to the data found in the actual file as captured by Visionet. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| 1003 Application Date | First Payment Date | Originator DTI |
|  Borrower Citizenship | Interest Only Term | Originator Front End DTI |
|  Borrower First Name | Interest Rate | Property Type |
|  Borrower Last Name | Lien Position | Property Zip Code |
|  Qualified Income | Loan Amount | Property Address |
|  Borrower Sex - Female | Loan Type | Property City |
|  Borrower Sex - Male | Loan Program | Property State |
|  Co-Borrower First Name | LTV | Qualifying FICO |
|  Co-Borrower Last Name | Margin | Property Value |
|  Co-Borrower SSN | Maturity Date | Closing/Settlement Date |
|  Borrower SSN | Borrower Birth Date | DTI |
|  Channel | Note Date | Property Value (Secondary) |
|  CLTV | Number of Units | Original Term |

---

**IV. LOAN PRODUCTS** 

Below is the break-up of Loan products that were delivered to Client by Visionet:

---

| | | |
|:---|:---|:---|
| Loan Products | Loan Count | Percentage |
|  HELOC | 285 | 100% |
|  **Total** | **285** | **100%** |

---

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**V. SUMMARY OF RATINGS** 

**Overall Loan Results:** 

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| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 264 | $30105944.35 | 92.63% |
|  Event Grade B | 2 | $160901.27 | 0.70% |
|  Event Grade C | 19 | $3055577.53 | 6.67% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 285 | $33322423.15 | 100% |

---

**Valuation Results** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 266 | $30266845.62 | 93.33% |
|  Event Grade B | 0 | $0.00 | 0.00% |
|  Event Grade C | 19 | $3055577.53 | 6.67% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 285 | $33322423.15 | 100% |

---

**Compliance Results** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 283 | $33161521.88 | 99.30% |
|  Event Grade B | 2 | $160901.27 | 0.70% |
|  Event Grade C | 0 | $0.00 | 0.00% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 285 | $33322423.15 | 100% |

---

**Credit Results** 

---

| | | | |
|:---|:---|:---|:---|
| Event Grade | Loan Count | Original Principal Balance | Percent of Sample |
|  Event Grade A | 285 | $33322423.15 | 100.00% |
|  Event Grade B | 0 | $0.00 | 0.00% |
|  Event Grade C | 0 | $0.00 | 0.00% |
|  Event Grade D | 0 | $0.00 | 0.00% |
|  **Total Sample** | 285 | $33322423.15 | 100% |

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**Event Grade Definitions** 

---

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

---

---

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

---

---

| | |
|:---|:---|
| **Valuation Event Grades** | **Valuation Event Grades** |
| A | The Secondary AVM value is supported within 10% of the original AVM provided at origination. |
| B | The Secondary AVM value is supported within 10% of the original AVM provided at origination. The valuation methodology substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding guidelines. |
| C | The Secondary AVM value is not supported within 10% of the original AVM provided at origination. The valuation methodology did not meet the published guidelines and there were not sufficient compensating factors for exceeding published guidelines. The property is in below "average" condition or the property is not complete or requires significant repairs. |
| D | The data provided was missing the AVM value or there was not sufficient data provided on the AVM to perform a review. |

---

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

---

**VI. DILIGENCE REPORTS SUMMARY** 

Visionet furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Narrative Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Exception Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Grading Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Valuations Report

**Disclaimer:** Visionet Systems, Inc. ("the Company") is a leading digital technology and business process outsourcing solutions provided for the BFSI industry. With a unique combination of technology, knowledge expert and proprietary mortgage technology products, we deliver industry-leading solutions to global BFSI clients.

Visionet Systems, Inc. focuses on end-to-end services and solutions. We perform mortgage credit and compliance due diligence, pre-fund and post-close quality control, and mortgage servicing reviews. Services include valuation, risk management, and specialized staffing and advisory assistance. Our clients are financial entities including investment banks, commercial banks, mortgage companies, government agencies and mortgage insurers. Our primary focus is on securitized residential mortgage loans (prime, QM & Non-QM, performing and re-performing), mortgage servicing rights purchases, and new originations (quality control).

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Ratings, analysis, reports, and other opinions (referred to collectively as "Reports") issued by the Company are provided "as is" and without representation or warranty of any kind. The Company hereby disclaims any representation or warranty (whether express or implied) as to accuracy, completeness, merchantability, or fitness for a particular purpose. Reports are not a recommendation to buy, sell, or retain any security. All reports are deemed jointly prepared and no individual shall be exclusively deemed the "author" of any Report. Individuals identified in a Report were involved in, but are not solely responsible for, the contents of any Report. Unless expressly stated otherwise, Reports do not assess any risk other than credit risk. In particular, any rating or grading in a Report does not take into consideration the risk of any security (or any portion thereof) due to changes in market conditions. The Company does not provide investment, legal, or tax advice, and the Reports may not be construed as such. Reports are issued for the benefit of the entity requesting the Report, only, and may not be used by third parties without the express written consent of the Company and the requesting party. Reports are based on available information and current regulations as of the date of the Report, and the Company disclaims any obligation to update Reports due to a change of fact of regulation which occurs after the date of issuance. Neither supplemental factual investigation nor enhanced reviews can guarantee that all information provided to the Company will be accurate. Reports are, and must be construed solely as, statements of opinion and not as statements of fact as to credit worthiness, investment, financial, or other recommendation to purchase, sell, or hold any security. Reports may contain assumptions and/or predictions regarding future events which are "forward-looking" and inherently cannot be verified as facts. Consequently, Reports may be affected by future events or conditions which were not anticipated at the time the Report was made. Such forward-looking statements necessarily involve risks and uncertainties which may result in future performance that is materially different from the Report's assumptions and/or conclusions. As such, Reports are not a guaranty of future performance nor a prospectus related to the underlying securities (if any), and under reliance should not be placed upon the Reports in the purchase, sale, or holding of any security.

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## Exhibit 99.8

**Exhibit 99.8** 

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | <br> **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217186 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.49% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217187 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -8.84% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217188 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.72% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217189 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.29% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217190 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -23.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217191 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.95% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217192 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217193 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -11.56% | XXXX | XX/XX/XXXX | XXXX | XXXX | -9.74% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217194 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -17.04% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217195 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217196 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.94% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217197 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217198 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.33% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217199 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.55% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217200 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 10.43% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217201 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.75% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217202 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 10.40% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217203 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.99% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217204 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.73% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217205 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.09% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217206 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.97% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217207 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.81% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217208 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.92% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217209 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 16.79% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217210 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 7.81% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217211 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.87% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217212 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 10.47% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217213 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217214 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 37.50% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217215 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.38% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217216 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217217 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 13.25% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217218 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.68% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217219 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.16% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217220 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.50% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217221 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.77% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217222 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.24% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217223 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.32% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217224 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.97% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217225 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.67% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217226 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.87% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217227 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217228 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 15.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217229 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217230 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217231 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217232 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.57% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217233 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.43% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217234 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217235 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.40% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217236 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -19.95% | XXXX | XX/XX/XXXX | XXXX | XXXX | -19.63% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217237 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.24% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217238 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -25.92% | XXXX | XX/XX/XXXX | XXXX | XXXX | -18.99% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217239 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.51% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217240 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.96% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217241 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.75% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217242 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.29% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217243 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -18.26% | XXXX | XX/XX/XXXX | XXXX | XXXX | -16.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217244 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.31% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217245 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 58.49% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217246 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.31% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217247 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.74% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217248 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.93% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217249 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 7.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217250 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 17.08% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217251 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.62% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217252 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.88% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217253 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217254 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.60% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217255 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.38% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217256 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 8.83% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217257 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -17.30% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217258 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.25% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217259 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.49% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217260 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217261 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217262 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -7.22% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217263 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.55% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217264 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.96% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217265 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -10.17% | XXXX | XX/XX/XXXX | XXXX | XXXX | -6.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217266 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -11.32% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217267 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.27% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217268 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.01% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217269 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.22% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217270 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 14.57% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217271 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.99% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217272 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.06% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217273 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.61% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217274 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217275 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.10% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217276 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.29% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217277 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.60% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217278 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217279 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217280 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 10.15% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217281 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.15% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217282 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.23% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217283 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.43% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217284 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -10.55% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217285 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.32% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217286 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217287 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.84% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217288 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.02% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217289 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.65% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217290 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.47% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217291 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.43% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217292 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.39% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217293 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.75% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217294 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.28% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217295 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.82% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217296 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.05% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217297 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -7.45% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217298 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.20% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217299 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.18% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217300 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -100.00% | XXXX | XX/XX/XXXX | XXXX | XXXX | -5.39% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217301 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.55% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217302 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.02% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217303 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217304 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.33% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217305 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.73% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217306 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.39% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217307 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.52% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217308 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217309 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.01% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217310 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.50% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217311 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.40% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217312 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217313 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.29% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217314 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217315 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -21.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217316 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.47% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217317 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.95% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217318 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.93% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217319 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.78% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217320 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.97% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217321 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -10.86% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217322 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217323 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.77% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217324 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.36% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217325 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -7.54% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217326 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.54% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217327 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 18.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217328 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.01% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217329 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.92% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217330 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -10.02% | XXXX | XX/XX/XXXX | XXXX | XXXX | 2.94% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217331 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 13.00% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217332 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.35% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217333 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.07% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217334 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217335 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.61% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217336 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.85% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217337 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.85% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217338 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.87% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217339 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.23% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217340 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -100.00% | XXXX | XX/XX/XXXX | XXXX | XXXX | -0.12% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217341 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.86% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217342 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.53% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217343 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.70% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217344 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.62% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217345 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 8.15% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217346 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.09% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217347 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.35% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217348 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.48% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217349 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217350 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -22.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217351 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.59% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217352 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -15.42% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217353 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217354 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 10.75% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217355 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 16.42% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217356 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.99% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217357 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 7.08% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217358 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.38% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217359 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217360 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 8.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217361 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 32.23% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217362 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.87% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217363 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -14.68% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217364 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217365 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -7.52% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217366 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.47% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217367 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.40% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217368 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.08% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217369 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217370 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.44% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217371 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.02% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217372 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.28% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217373 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -31.06% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217374 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -13.35% | XXXX | XX/XX/XXXX | XXXX | XXXX | -8.83% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217375 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.95% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217376 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.85% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217377 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.45% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217378 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.46% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217379 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.09% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217380 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.70% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217381 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -100.00% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217382 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.92% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217383 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.43% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217384 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.23% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217385 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

------

---

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217386 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.91% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217387 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.24% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217388 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.36% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217389 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217390 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -13.18% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217391 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 9.57% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217392 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.37% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217393 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.75% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217394 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.78% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217395 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.46% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217396 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 16.29% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217397 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217398 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.11% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217399 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.34% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217400 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 45.72% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217401 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 9.27% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217402 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 7.90% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217403 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.09% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217404 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 9.39% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217405 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -11.77% | XXXX | XX/XX/XXXX | XXXX | XXXX | -3.91% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217406 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.26% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217407 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.99% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217408 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.62% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217409 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.02% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217410 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 5.59% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217411 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.55% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217412 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.86% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217413 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.65% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217414 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.02% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217415 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217416 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.32% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217417 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.84% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217418 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.86% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217419 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.85% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217420 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -5.92% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217421 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 14.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217422 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.27% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217423 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -13.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217424 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.25% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217425 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 13.58% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217426 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -9.08% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217427 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.93% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217428 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.42% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217429 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -100.00% | XXXX | XX/XX/XXXX | XXXX | XXXX | -8.89% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217430 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.05% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217431 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 7.45% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217432 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.62% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217433 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.19% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217434 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.01% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217435 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217436 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.09% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217437 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 3.62% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217438 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.53% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217439 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 20.16% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217440 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.32% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217441 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.31% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217442 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 9.66% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217443 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.76% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217444 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 2.90% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217445 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.17% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217446 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.21% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217447 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 12.45% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217448 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.87% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217449 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -3.27% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217450 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 8.86% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217451 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.49% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217452 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.48% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217453 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 13.20% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217454 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217455 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 0.04% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217456 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.15% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217457 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -0.66% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217458 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.52% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217459 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -13.53% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217460 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 6.97% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217461 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.61% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217462 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.48% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217463 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -1.73% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217464 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.27% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217465 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 36.04% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **1st AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **2nd AVM VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | | |
| **Customer**<br> **Loan ID** | **Seller<br>Loan ID** | **Subject<br>Address** | **Subject<br>City** | **Subject<br>State** | **Subject<br>Zip** | **Note Date** | **Original<br>Loan<br>Amount** | **Sales<br>Price** | **PIW<br>Indicator** | **Appraised<br>Value** | **Value<br>for<br>LTV** | **Appraisal**<br> **Form**<br> **Type** | **Appraisal Date** | **Appraisal<br>Company<br>Name** | **Market<br>Condition** | **Second<br>Appraisal<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Second<br>Appraisal<br>Date** | **Second<br>Appraisal<br>Type** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Appraised<br>Value** | **Variance<br>Amount** | **Variance<br>Percent** | **Company** | **Appraisal<br>Date** | **Aggregate<br>Appraised<br>Value** | **Aggregate<br>Variance<br>Amount** | **Aggregate<br>Variance<br>Percent** | <br>**Is**<br> **Eligible**<br> **for Rep**<br> **and**<br> **Warrant**<br> **Relief per<br>Loan<br>Collateral<br>Advisor?** | <br>**Collateral<br>Underwriter<br>Risk Score** |
|  XXXX | 9217466 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -2.48% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217467 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -6.82% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217468 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | -4.05% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217469 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 1.41% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  XXXX | 9217470 | XXXX | XXXX | XXXX | XXXX | XX/XX/XXXX | XXXX |  |  | XXXX | XXXX | AVM | XX/XX/XXXX | XXXX |  |  |  |  |  |  | XXXX | XXXX | 4.69% | XXXX | XX/XX/XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.9

**Exhibit 99.9** 

Rebuttal Findings 06.12.2026

Seller:

Deal ID:

Total Loan Count: 285

---

| | | | | |
|:---|:---|:---|:---|:---|
| Loans by Grade in Population | Loans by Grade in Population | Loans by Grade in Population | Loans by Grade in Population | Loans by Grade in Population |
| Loan Grade | Count | Count | Percentage | Percentage |
|  1 |  | 264 |  | 92.63 |
|  2 |  | 2 |  | 0.70 |
|  3 |  | 19 |  | 6.67 |

---

![LOGO](g160560dsp056a.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Trade Summary | Trade Summary | Trade Summary | Trade Summary | Trade Summary |
| Loan Status | Count | Count | Percentage | Percentage |
|  Review Complete |  | 266 |  | 93.33 |
|  In Rebuttal |  | 19 |  | 6.67 |

---

![LOGO](g160560dsp056b.jpg)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | | Finding Status | Finding Status | Finding Status | Finding Status | Final Finding Grade | Final Finding Grade | Final Finding Grade | Final Finding Grade |
| Initial Findings Grade | Count | Rebuttal<br>Received | Responses<br>Given | Open | Resolved | UpHeld | Void | 4 | 3 | 2 | 1 |
| 3 | 25 | 26 | 26 | 19 | 7 | 19 | 0 | 0 | 19 | 0 | 0 |
| 2 | 5 | 4 | 4 | 2 | 2 | 2 |  | 0 | 0 | 2 | 0 |
| 1 | 255 | 0 | 0 | 255 | 0 | 0 | 0 | 0 | 0 | 0 | 264 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Initial Finding<br>Grade | Initial Finding<br>Grade | Initial Finding<br>Grade | Final Finding<br>Grade | Final Finding<br>Grade | Final Finding<br>Grade |
| Exceptions | Count | 3 | 4 | 2 | 3 | 4 | 2 |
|  Compliance | 4 | 0 | 0 | 4 | 0 | 0 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NC rate spread home loan test- | 1 | 0 | 0 | 1 | 0 | 0 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CT nonprime home loan test - | 2 | 0 | 0 | 2 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; High cost mortgage Points and Fees - | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
|  Credit | 7 | 5 | 1 | 1 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income document Missing | 4 | 3 | 1 | 0 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Data Integrity | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Undisclosed Lien | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Large Deposit | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
|  Valuation | 26 | 26 | 0 | 0 | 19 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appraisal - Value is not supported within a 10% variance | 26 | 26 | 0 | 0 | 19 | 0 | 0 |

---

![LOGO](g160560dsp056c.jpg)

## Exhibit 99.10

**Exhibit 99.10** 

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217344 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217348 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217299 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217387 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217449 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217274 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217337 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217368 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217426 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217335 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217439 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217237 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217309 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217225 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217397 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217436 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217204 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217203 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217195 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Income document Missing -**<br>Income considered using paystub however paystub is missing in the file<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Income Document Provided and cleared the exception<br> **Resolved** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |
| X-XXXXX-XXXX | 9217256 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217451 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217409 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Open) NC rate spread home loan test -**<br>This loan failed the NC rate spread home loan test X.XXX The loan exceeded the X.XX Rate Spread Home Loan threshold The loan has an APR of X.XXX The NC RSHL APR threshold is X.XX The loan is a compliant HPML Appraisal and prepayment requirements have been met<br>**Response 1 : XX/XX/XXXX XX.XX**<br>Loan is failed to meet NC rate spread home loan test so Grade 2<br> **(Resolved)** | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| X-XXXXX-XXXX | 9217379 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217425 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217443 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217303 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217228 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217427 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217240 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217267 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217192 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217376 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217198 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217388 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217283 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217301 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217223 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217365 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217202 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217259 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217460 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217331 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217352 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217197 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217230 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217255 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217250 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217346 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217273 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217253 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217222 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217243 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br> Response 1 (XX/XX/XXXX XX:XX)<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217211 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217384 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217462 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217470 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217432 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217364 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217355 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217417 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217458 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217422 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217216 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217467 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217302 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217264 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217315 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br> Response 1 (XX/XX/XXXX XX:XX)<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217229 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217319 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217392 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217232 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217227 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217463 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217200 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217284 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217412 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217314 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217342 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217209 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Open) NC rate spread home loan test -**<br>This loan failed the NC rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.X The NC RSHL APR threshold is X.XXX The loan is a compliant HPML Appraisal and prepayment requirements have been met<br> Response 1 : XX/XX/XXXX XX.XX<br> Loan is failed to meet NC rate spread home loan test so Grade 2<br> (Resolved) | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 1 B A |
| X-XXXXX-XXXX | 9217311 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217464 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217410 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Income document Missing -**<br>Income is calculated using TRUV payroll but documents are missing in loan file<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Income Document Provided and cleared the exception<br> **(Resolved)** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |
| X-XXXXX-XXXX | 9217233 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217280 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217366 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217428 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217242 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217421 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217358 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217446 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217361 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Large Deposit -**<br>Letter of explanation and source of funds for the large deposit of XXXX.XX dated XX/XX/XXXX is missing in the file.<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Rebuttal Explanation Agreed (Resolved) | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |
| X-XXXXX-XXXX | 9217391 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217265 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217374 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217437 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) CT nonprime home loan test -**<br>This loan failed the CT nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.<br>**Response 1 : XX/XX/XXXX XX.XX**<br> Rebuttal Explanation Agreed **(Resolved)** | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| X-XXXXX-XXXX | 9217424 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217320 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217249 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217206 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217239 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217372 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217435 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217380 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217357 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217461 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217378 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217215 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217395 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217241 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217430 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217270 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217359 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) High cost mortgage Points and Fees -**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> This loan failed the high cost mortgage Points and Fees Threshold Test due to the Points and Fees of XXXX which exceeds X percent of the total loan amount by more than XX.XX<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> **Response 1 : XX/XX/XXXX XX.XX**<br> Rebuttal Explanation Agreed **(Resolved)** | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 B A |
| X-XXXXX-XXXX | 9217328 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217468 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217327 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217247 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217307 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217360 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217345 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217300 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217231 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217442 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217290 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217324 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217298 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217294 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-** <br> The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-** <br> The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-** <br> The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217351 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217340 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217398 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217251 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217405 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217386 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217354 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217252 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217288 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last**<br> **Name** | **Note Date** | **Original**<br> **Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial**<br>**Property**<br>**Valuation**<br>**Rating** | **Final**<br>**Property**<br>**Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217419 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217191 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217282 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217268 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217257 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | (Clear) No Compliance Findings-<br>The loan is in compliance with all applicable laws and regulations. | (Clear) No Credit Finding-<br>The loan meets all applicable credit guidelines. | (Open) Appraisal - Value is not supported within a 10% variance-<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217276 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217271 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217455 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217400 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last**<br> **Name** | **Note Date** | **Original**<br> **Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial**<br>**Property**<br>**Valuation**<br>**Rating** | **Final**<br>**Property**<br>**Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217459 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217295 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217312 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217456 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217281 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217190 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217469 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Data Integrity -**<br>Senior Lien amount not matching with Data tape and Lien Breakdown document, because of this CLTV is not matching.<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Rebuttal Explanation Agreed<br> **(Resolved)** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 B A |
| X-XXXXX-XXXX | 9217420 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217454 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last**<br> **Name** | **Note Date** | **Original**<br> **Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial**<br>**Property**<br>**Valuation**<br>**Rating** | **Final**<br>**Property**<br>**Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217199 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217326 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217245 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217201 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217188 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217210 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217334 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217254 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217415 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last**<br> **Name** | **Note Date** | **Original**<br> **Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial**<br>**Property**<br>**Valuation**<br>**Rating** | **Final**<br>**Property**<br>**Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217277 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217371 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217246 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217296 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217213 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance -**<br>The secondary valuation document is missing.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217286 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217401 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217248 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217466 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan**<br> **ID** | **Last**<br> **Name** | **Note Date** | **Original**<br> **Loan**<br> **Amount** | **QM**<br> **Status** | **ATR**<br> **Status** | **Compliance**<br> **Exceptions** | **Credit**<br> **Exceptions** | **Property**<br> **Valuation**<br> **Exceptions** | **Compensating<br>Factors** | **Initial**<br>**Rating** | **Final**<br>**Rating** | **Initial**<br>**Credit**<br>**Rating** | **Final**<br>**Credit**<br>**Rating** | **Initial**<br>**Compliance**<br>**Rating** | **Final**<br>**Compliance**<br>**Rating** | **Initial**<br>**Property**<br>**Valuation**<br>**Rating** | **Final**<br>**Property**<br>**Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217318 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217218 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217408 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217212 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217406 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217260 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217402 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217325 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217450 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217413 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217313 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217306 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217186 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217207 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217258 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217445 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217293 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217291 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217377 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217367 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217219 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217403 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217329 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217336 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217244 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217423 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br> Response 1 (XX/XX/XXXX XX:XX)<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217465 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217338 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217261 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217396 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217278 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217383 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217341 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217333 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217411 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217389 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217321 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br> **Response 1 (XX/XX/XXXX XX:XX)**<br>"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217347 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217316 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217339 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217452 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217385 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Income document Missing -**<br>As per the UW income worksheet, the underwriter used the borrower SSA income to qualify however no income document is available in the file.<br> **Response 1 : XX/XX/XXXX XX:XX**<br>Income Document Provided and cleared the exception<br>**Resolved** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |
| X-XXXXX-XXXX | 9217448 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217353 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217235 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217363 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217399 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217404 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217414 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217310 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217441 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217457 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217407 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217322 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Undisclosed Lien -**<br>The credit report shows XXXX and XXXX two mortgage tradelines both of which are excluded from the DTI calculation. The lien breakdown document reflects that XXXX is the first lien on the subject property and is included in the CLTV calculation. however XXXX not included in the DTI calculation. There is no documentation confirming that these accounts have been omitted. If these tradelines are included in the liabilities then DTI increases from X.XX percentage to XX.XX percentage<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Rebuttal Explanation Agreed **(Resolved)** | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217292 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217272 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217221 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217226 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217266 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217343 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217289 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217279 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217269 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan**<br> **Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan**<br> **Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217214 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217369 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217433 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217205 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217308 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217381 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance -**<br>The secondary valuation document is missing.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217238 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217349 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217375 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217429 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217418 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217236 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217453 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217234 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217263 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217220 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217330 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217275 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217444 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217297 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217382 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217323 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217196 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217362 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217434 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217187 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217356 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal—Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

------

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217447 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217370 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217393 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217193 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217332 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) Income document Missing -**<br> The underwriter utilized both paystubs and SSI income for qualification; however, only the pay stubs are currently included in the file. The SSI income documentation is missing.<br>**Response 1 : XX/XX/XXXX XX:XX**<br> Income Document Provided and cleared the exception<br> **(Resolved)** | **(Clear) Appraisal—Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A c |
| X-XXXXX-XXXX | 9217440 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217373 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217285 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal—Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217304 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

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------

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217262 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217350 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217416 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217390 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217394 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217431 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217305 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217438 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217208 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal—Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan<br>ID** | **Last<br>Name** | **Note Date** | **Original<br>Loan Amount** | **QM<br>Status** | **ATR<br>Status** | **Compliance<br>Exceptions** | **Credit<br>Exceptions** | **Property<br>Valuation<br>Exceptions** | **Compensating<br>Factors** | **Initial<br>Rating** | **Final<br>Rating** | **Initial<br>Credit<br>Rating** | **Final<br>Credit<br>Rating** | **Initial<br>Compliance<br>Rating** | **Final<br>Compliance<br>Rating** | **Initial<br>Property<br>Valuation<br>Rating** | **Final<br>Property<br>Valuation<br>Rating** |
| X-XXXXX-XXXX | 9217194 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Open) Appraisal - Value is not supported within a 10% variance-**<br>The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.<br>**Response 1 (XX/XX/XXXX XX:XX)**<br> "The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld." |  | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 3 C A c |
| X-XXXXX-XXXX | 9217224 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217217 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217287 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217189 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| X-XXXXX-XXXX | 9217317 | XXXXXX | XX/XX/XXXX | XXXXXX.XX |  |  | **(Clear) No Compliance Findings-**<br>The loan is in compliance with all applicable laws and regulations. | **(Clear) No Credit Finding-**<br>The loan meets all applicable credit guidelines. | **(Clear) Appraisal - Value is supported within 10% of original appraisal amount-**<br>The secondary valuation product supported the original appraised value within 10%. |  | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |

---

## Exhibit 99.11

**Exhibit 99.11** 

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217344 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217344 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217344 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217348 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217348 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217348 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217299 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217299 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217299 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217387 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217387 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217387 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217449 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217449 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217449 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217274 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217274 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217274 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217337 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217337 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217337 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217368 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217368 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217368 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217426 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217426 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217426 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217335 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217335 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217335 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217439 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217439 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217439 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217237 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217237 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217237 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217309 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217309 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217309 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217225 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217225 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217225 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217397 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217397 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217397 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217436 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217436 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217436 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217204 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217204 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217204 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217203 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217203 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217203 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217195 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | Paystub | XXXXXX | Income considered using paystub however paystub is missing in the file |  | **Income docs uploaded to shared folder. Income sources include the following:**<br> **1) XXXXXX**<br> **2)XXXXXX**<br> **3) XXXXXX**<br> **4) XXXXXX** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Income Document Provided and cleared the exception**<br> **(Resolved)** |  | C A |
|  X-XXXXX-XXX | 9217195 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217195 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217256 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217256 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217256 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217451 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217451 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217451 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217409 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | ComplianceReport | XXXXXX | This loan failed the NC rate spread home loan test X.XXXX The loan exceeded the X.XX Rate Spread Home Loan threshold The loan has an APR of X.XXX The NC RSHL APR threshold is X.XX The loan is a compliant HPML Appraisal and prepayment requirements have been met |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **Loan is failed to meet NC rate spread home loan test so Grade 2**<br> **(Resolved)** |  | B |
|  X-XXXXX-XXX | 9217409 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217409 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217379 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217379 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217379 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217425 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217425 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217425 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217443 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217443 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217443 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217303 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217303 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217303 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217228 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217228 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217228 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217427 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217427 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217427 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217240 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217240 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217240 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217267 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217267 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217267 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217192 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217192 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217192 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217376 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217376 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217376 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217198 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217198 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217198 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217388 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217388 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217388 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217283 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217283 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217283 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217301 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217301 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217301 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217223 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217223 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217223 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217365 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217365 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217365 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217202 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217202 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217202 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217259 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217259 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217259 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217460 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217460 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217460 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217331 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217331 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217331 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217352 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217352 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217352 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217197 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217197 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217197 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217230 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217230 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217230 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217255 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217255 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217255 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217250 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217250 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217250 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217346 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217346 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217346 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217273 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217273 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217273 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217253 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217253 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217253 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217222 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217222 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217222 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217243 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217243 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217243 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from Cotality value XXXXXXX did not supported the original appraised value dollar XXXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217211 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217211 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217211 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217384 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217384 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217384 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217462 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217462 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217462 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217470 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217470 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217470 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217432 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217432 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217432 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217364 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217364 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217364 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217355 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217355 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217355 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217417 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217417 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217417 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217458 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217458 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217458 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217422 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217422 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217422 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217216 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217216 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217216 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217467 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217467 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217467 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217302 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217302 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217302 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217264 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217264 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217264 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217315 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217315 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217315 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from CLEAR_CAPITAL value XX,XXX did not supported the original appraised value dollar XXX,XXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217229 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217229 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217229 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217319 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217319 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217319 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217392 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217392 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217392 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217232 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217232 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217232 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217227 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217227 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217227 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217463 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217463 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217463 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217200 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217200 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217200 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217284 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217284 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217284 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217412 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217412 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217412 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217314 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217314 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217314 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217342 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217342 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217342 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217209 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | ComplianceReport | XXXXXX | This loan failed the NC rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.X The NC RSHL APR threshold is X.XXX The loan is a compliant HPML Appraisal and prepayment requirements have been met |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **Loan is failed to meet NC rate spread home loan test so Grade 2**<br> **(Resolved)** |  | B |
|  X-XXXXX-XXX | 9217209 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217209 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217311 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217311 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217311 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217464 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217464 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217464 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217410 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | Paystub | XXXXXX | Income is calculated using TRUV payroll but documents are missing in loan file |  | **Income docs uploaded for this loan including the Truv report and accompanying XXs** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Income Document Provided and cleared the exception**<br> **(Resolved)** |  | C A |
|  X-XXXXX-XXX | 9217410 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217410 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217233 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217233 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217233 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217280 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217280 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217280 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217366 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217366 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217366 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217428 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217428 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217428 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217242 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217242 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217242 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217421 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217421 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217421 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217358 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217358 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217358 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217446 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217446 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217446 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217361 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | Letter of Explanation | XXXXXX | Letter of explanation and source of funds for the large deposit of $XXXX.XX dated XX/XX/XXXX is missing in the file. |  | **This exception is outside the Scope of Review and should not be included. Our income logic is analyzing the Plaid data and income stream details used in income verification is provided in the Plaid IV Breakdown PDF that is included in the loan file. I looked into this one and this deposit for $XXXX.XX from XX/XX/XXXX was temporary and was the result of a merchant return related to an Affirm BNPL loan per the XXXXXX file included in loan file. Per the Plaid IV Breakdown this is deposit was not included in any income stream as part of the income verification process.** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Rebuttal Explanation Agreed**<br> **(Resolved)** |  | C A |
|  X-XXXXX-XXX | 9217361 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217361 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217391 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217391 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217391 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217265 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217265 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217265 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217374 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217374 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217374 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217437 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | ComplianceReport | XXXXXX | This loan failed the CT nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met. |  | **I provided additional details around these compliance testing exceptions and grading treatment to XX/XX/XXXX. Please review my response and re-evaluate this one.**<br>**Re: CT Nonprime Home Loans — CT nonprime home loan coverage generally excludes open-end lines of credit, provided proceeds are not used at closing to purchase the borrower's primary residence or refinance the mortgage loan used to purchase the borrower's primary residence. We do not currently offer purchase-money HELOCs, and any refinance-purpose applicability should be limited to that purchase-money refinance fact pattern. Even where a loan is treated as a nonprime home loan, that is not a per se failure; the statute permits these loans subject to applicable conditions, which our process is designed to satisfy.** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Rebuttal Explanation Agreed (Resolved)** |  | B A |
|  X-XXXXX-XXX | 9217437 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217437 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217424 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217424 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217424 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217320 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217320 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217320 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217249 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217249 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217249 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217206 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217206 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217206 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217239 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217239 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217239 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217372 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217372 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217372 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217435 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217435 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217435 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217380 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217380 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217380 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217357 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217357 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217357 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217461 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217461 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217461 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217378 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217378 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217378 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217215 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217215 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217215 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217395 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217395 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217395 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217241 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217241 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217241 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217430 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217430 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217430 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217270 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217270 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217270 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217359 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | HighcostMortgageLoan | XXXXXX | This loan failed the high cost mortgage Points and Fees Threshold Test due to the Points and Fees of XXXX which exceeds X percent of the total loan amount by more than XXXX.XX |  | **These compliance findings should be treated as Grade B exceptions. This is consistent with how they are currently being graded by Digital Risk. Why are you treating this as a grade C rather than a grade B?**<br> **Specifically on the points / fees in question, borrower selected the X.XX% of initial draw amount origination fee option per the HELOC Agreement included in the loan file.**<br> **Initial Draw Amount = XXXXX.XX**<br> **Origination Fee % = X.XX**<br> **Origination Fee $=XXXX.XX** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Rebuttal Explanation Agreed (Resolved)** |  | B A |
|  X-XXXXX-XXX | 9217359 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217359 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217328 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217328 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217328 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217468 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217468 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217468 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217327 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217327 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217327 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217247 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217247 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217247 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217307 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217307 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217307 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217360 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217360 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217360 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217345 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217345 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217345 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217300 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217300 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217300 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217231 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217231 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217231 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217442 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217442 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217442 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217290 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217290 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217290 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217324 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217324 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217324 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217298 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217298 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217298 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217294 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217294 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217294 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217351 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217351 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217351 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217340 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217340 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217340 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217398 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217398 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217398 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217251 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217251 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217251 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217405 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217405 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217405 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217386 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217386 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217386 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217354 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217354 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217354 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217252 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217252 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217252 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217288 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217288 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217288 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217419 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217419 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217419 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217191 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217191 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217191 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217282 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217282 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217282 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217268 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217268 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217268 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217257 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217257 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217257 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217276 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217276 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217276 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217271 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217271 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217271 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217455 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217455 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217455 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217400 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217400 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217400 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217459 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217459 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217459 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217295 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217295 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217295 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217312 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217312 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217312 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217456 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217456 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217456 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217281 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217281 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217281 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217190 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217190 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217190 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217469 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | UnderwritingAnalysis | XXXXXX | Senior Lien amount not matching with Data tape and Liens Breakdown document, because of this CLTV is not matching |  | **Based on review, this loan used lien path 5 in our lien matching process that uses the lien balances from CoreLogic and Stewart. We are using the more conservative / higher of the lien balances in our LTV calculation XXXXXX from Stewart while the Lien Breakdown PDF included in the loan file references the other lien balance from CoreLogic XXXXXXX. This is just a bug in what is being shown in the Lien Breakdown file, but what is being used in the calculation is correct per our UW guidelines so this one should be flagged for exception in our opinion as it is just a reporting error being displayed on the breakdown file. Flagged this to our engineering team who is fixing this so that the balance used in calculation in this path is what is displayed on the breakdown file going forward.**<br>**CoreLogic Senior Lien Balance = XXXXXX.XX**<br> **Stewart Senior Lien Balance = XXXXXX.XX**<br>**Senior Lien Amount = XXXXXX.XX**<br> **Original Loan Amount (Figure) = XXXXXX.XX**<br> **Property Value = XXXXXX.XX**<br> **CLTV = (XXXXXX.XX + XXXXXX.XX) / XXXXXX.XX = XX.XX%** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Rebuttal Explanation Agreed (Resolved)** |  | B A |
|  X-XXXXX-XXX | 9217469 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217469 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217420 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217420 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217420 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217454 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217454 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217454 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217199 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217199 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217199 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217326 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217326 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217326 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217245 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217245 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217245 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217201 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217201 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217201 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217188 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217188 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217188 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217210 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217210 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217210 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217334 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217334 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217334 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217254 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217254 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217254 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217415 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217415 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217415 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217277 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217277 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217277 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217371 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217371 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217371 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217246 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217246 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217246 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217296 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217296 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217296 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217213 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217213 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217213 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Secondary AVM missing | XXXXXX | The secondary valuation document is missing in the package |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217286 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217286 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217286 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217401 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217401 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217401 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217248 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217248 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217248 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217466 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217466 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217466 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217318 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217318 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217318 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217218 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217218 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217218 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217408 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217408 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217408 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217212 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217212 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217212 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217406 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217406 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217406 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217260 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217260 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217260 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217402 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217402 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217402 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217325 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217325 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217325 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217450 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217450 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217450 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217413 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217413 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217413 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217313 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217313 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217313 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217306 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217306 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217306 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217186 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217186 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217186 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217207 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217207 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217207 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217258 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217258 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217258 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217445 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217445 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217445 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217293 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217293 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217293 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217291 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217291 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217291 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217377 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217377 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217377 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217367 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217367 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217367 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217219 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217219 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217219 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217403 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217403 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217403 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217329 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217329 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217329 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217336 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217336 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217336 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217244 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217244 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217244 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217423 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217423 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217423 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217465 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217465 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217465 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217338 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217338 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217338 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217261 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217261 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217261 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217396 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217396 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217396 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217278 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217278 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217278 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217383 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217383 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217383 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217341 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217341 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217341 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217333 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217333 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217333 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217411 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217411 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217411 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217389 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217389 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217389 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217321 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217321 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217321 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217347 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217347 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217347 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217316 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217316 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217316 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217339 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217339 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217339 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217452 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217452 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217452 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217385 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | UnderwritingAnalysis | XXXXXX | As per the UW income worksheet, the underwriter used the borrower SSA income to qualify however no income document is available in the file. |  | **Income docs uploaded to shared folder. Income sources include the following:**<br> **1) XXXXX**<br> **2) XXXXX** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Income Document Provided and cleared the exception**<br> **(Resolved)** |  | D A |
|  X-XXXXX-XXX | 9217385 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217385 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217448 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217448 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217448 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217353 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217353 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217353 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217235 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217235 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217235 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217363 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217363 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217363 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217399 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217399 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217399 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217404 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217404 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217404 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217414 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217414 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217414 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217310 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217310 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217310 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217441 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217441 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217441 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217457 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217457 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217457 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217407 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217407 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217407 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217322 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | UnderwritingAnalysis | XXXXXX | The credit report shows XXXX and XXXX two mortgage tradelines both of which are excluded from the DTI calculation. The lien breakdown document reflects that XXXX is the first lien on the subject property and is included in the CLTV calculation. however XXXX not included in the DTI calculation. There is no documentation confirming that these accounts have been omitted. If these tradelines are included in the liabilities then DTI increases from XX.XX percentage to XX.XX percentage |  | **Debt = (XX+(XX-XX)+XX+XX+XX+XX+XX+XX-XX) = XXXX.XX**<br> Annual Debt = XXXX.XX \* XX = XXXXX.XX<br> **Borrower Income UW =XXXXXXXX**<br> **DTI = XXXXX.XX / XXXXXX.XX = X.XX%**<br>Per the Statement of Work, debt will be recalculated using raw data from the data extract. The income and debt data will be used to determine if the applicant qualifies per the guideline credit eligibility criteria. You are verifying the Experian credit attribute fields from EXPERIAN HARD CREDIT JSON file match what we have in the data extract and Credit Attributes Report in loan file, and then using those field values to re-calculate the DTI following the formula we provided to see if matches what we have on data extract. You are not re-calculating anything yourself using the raw JSON data. | **Response 1 : XX/XX/XXXX XX:XX**<br> **Rebuttal Explanation Agreed**<br> **(Resolved)** |  | D A |
|  X-XXXXX-XXX | 9217322 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217322 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217292 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217292 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217292 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217272 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217272 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217272 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217221 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217221 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217221 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217226 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217226 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217226 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217266 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217266 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217266 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217343 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217343 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217343 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217289 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217289 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217289 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217279 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217279 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217279 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217269 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217269 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217269 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217214 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217214 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217214 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217369 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217369 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217369 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217433 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217433 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217433 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217205 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217205 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217205 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217308 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217308 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217308 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217381 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217381 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217381 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Secondary AVM missing | XXXXXX | The secondary valuation document is missing in the package |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217238 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217238 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217238 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from Cotality value XXXXXXX did not supported the original appraised value dollar XXXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217349 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217349 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217349 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217375 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217375 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217375 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217429 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217429 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217429 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217418 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217418 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217418 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217236 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217236 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217236 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from Cotality value XXXXXXX did not supported the original appraised value dollar XXXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217453 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217453 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217453 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217234 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217234 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217234 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217263 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217263 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217263 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217220 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217220 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217220 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217330 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217330 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217330 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217275 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217275 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217275 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217444 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217444 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217444 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217297 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217297 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217297 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217382 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217382 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217382 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217323 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217323 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217323 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217196 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217196 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217196 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217362 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217362 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217362 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217434 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217434 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217434 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217187 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217187 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217187 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217356 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217356 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217356 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217447 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217447 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217447 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217370 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217370 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217370 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217393 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217393 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217393 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217193 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217193 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217193 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217332 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | SS Benefit | XXXXXX | The underwriter utilized both paystubs and SSI income for qualification; however, only the pay stubs are currently included in the file. The SSI income documentation is missing. |  | **Income docs uploaded for this loan including the paystubs, SSI letters, Truv report and accompanying W2s. Verified income calculation includes the income from borrower XXXXXX as well as SSI income for two disabled childen XXXXXX, XXXXXX.** | **Response 1 : XX/XX/XXXX XX:XX**<br> **Income Document Provided and cleared the exception**<br> **(Resolved)** |  | C A |
|  X-XXXXX-XXX | 9217332 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217332 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217440 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217440 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217440 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217373 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217373 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217373 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from VEROS value XXXXXX did not supported the original appraised value XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217285 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217285 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217285 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217304 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217304 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217304 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217262 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217262 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217262 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217350 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217350 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217350 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217416 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217416 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217416 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217390 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217390 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217390 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from QUANTARIUM value XXXXXX did not supported the original appraised value dollar XXXXXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |
|  X-XXXXX-XXX | 9217394 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217394 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217394 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217431 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217431 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217431 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217305 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217305 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217305 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217438 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217438 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217438 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217208 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217208 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217208 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217194 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217194 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217194 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is not supported within a 10% variance | XXXXXX | The secondary valuation from CLEAR_CAPITAL value XX,XXX did not supported the original appraised value dollar XXX,XXX within 10 percent |  |  | **Response 1 : XX/XX/XXXX XX:XX**<br> **"The AVM did not support the origination value within the required 10% variance threshold. Additionally, the AVM resulted in a no-hit response. Therefore, the exception is upheld.** |  | C |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Audit Issue**  | **Finding ID** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Finding**  | **Remediation Status** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Exception Rebuttal**  | **Exception Response** | **Status Comment** | **Compensating Factors** |
|  X-XXXXX-XXX | 9217224 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217224 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217224 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217217 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217217 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217217 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217287 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217287 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217287 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217189 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217189 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217189 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |
|  X-XXXXX-XXX | 9217317 | 1 of 3 | XXXXXX | XX/XX/XXXX | Credit | No Credit Finding | XXXXXX | The loan meets all applicable credit guidelines. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217317 | 2 of 3 | XXXXXX | XX/XX/XXXX | Compliance | No Compliance finding | XXXXXX | The loan is in compliance with all applicable laws and regulations. |  |  |  |  | A |
|  X-XXXXX-XXX | 9217317 | 3 of 3 | XXXXXX | XX/XX/XXXX | Valuation | Appraisal — Value is supported within 10% of original appraisal amount | XXXXXX | Appraisal — Value is supported within 10% of original appraisal amount |  |  |  |  | A |

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