# EDGAR Filing Document

**Accession Number:** 0001599342
**File Stem:** 0001193125-25-307918
**Filing Date:** 2025-12
**Character Count:** 792800
**Document Hash:** 55acba5afa274f11e304178b14ceaae8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-307918.hdr.sgml**: 20251204

**ACCESSION NUMBER**: 0001193125-25-307918

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

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20251204

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

**FILED AS OF DATE**: 20251204

**DATE AS OF CHANGE**: 20251204

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PennyMac Corp.
- **CENTRAL INDEX KEY:** 0001599342

**ORGANIZATION NAME:**
- **EIN:** 800463416
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-01521
- **FILM NUMBER:** 251549065

**BUSINESS ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361
- **BUSINESS PHONE:** (818) 224-7442

**MAIL ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PennyMac Corp.
- **CENTRAL INDEX KEY:** 0001599342

**ORGANIZATION NAME:**
- **EIN:** 800463416
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361
- **BUSINESS PHONE:** (818) 224-7442

**MAIL ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PennyMac Corp.
- **CENTRAL INDEX KEY:** 0001599342

**ORGANIZATION NAME:**
- **EIN:** 800463416
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-01521

**BUSINESS ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361
- **BUSINESS PHONE:** (818) 224-7442

**MAIL ADDRESS:**
- **STREET 1:** 3043 TOWNSGATE ROAD
- **CITY:** WESTLAKE VILLAGE
- **STATE:** CA
- **ZIP:** 91361

**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 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period<u> </u> to<u> </u>** <br>

**Date of Report (Date of earliest event reported)** 

**Commission File Number of securitizer:<u> </u>** 

**Central Index Key Number of securitizer:** 

**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) ☐

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

Central Index Key Number of securitizer: 0001599342

## PMT Loan Trust 2025-J5
**(Exact name of issuing entity as specified in its charter)** 

Central Index Key Number of issuing entity (if applicable): Not applicable

Central Index Key Number of underwriter (if applicable): Not applicable

**Chris White** 

**(805) 530-5829** 

**Name and telephone number, including area code, of the person to** 

**contact in connection with this filing** 

------

**PART I: REPRESENTATION AND WARRANTY INFORMATION** 

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

N/A

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

N/A

**Item 1.03 Notice of Termination of Duty to File Reports under Rule 15Ga-1** 

N/A

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

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

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

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

N/A

------

**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| 99.1 | [Clayton Services LLC ("Clayton") Due Diligence Narrative Report](d72661dex991.htm) |
| 99.2 | [Clayton Conditions Report](d72661dex992.htm) |
| 99.3 | [Clayton Rating Agency ATR QM Data Fields](d72661dex993.htm) |
| 99.4 | [Clayton Loan Level Tape Compare Upload](d72661dex994.htm) |
| 99.5 | [Clayton Valuations Summary](d72661dex995.htm) |
| 99.6 | [Consolidated Analytics, Inc. ("Consolidated Analytics") Due Diligence Executive Summary](d72661dex996.htm) |
| 99.7 | [Consolidated Analytics Exception Grades Report](d72661dex997.htm) |
| 99.8 | [Consolidated Analytics Data Compare Report](d72661dex998.htm) |
| 99.9 | [Consolidated Analytics Grading Summary Report](d72661dex999.htm) |
| 99.1 | [Consolidated Analytics ATR QM Report](d72661dex9910.htm) |
| 99.11 | [Consolidated Analytics Valuations Summary Report](d72661dex9911.htm) |

---

------

**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.

---

| | |
|:---|:---|
| PennyMac Corp. | PennyMac Corp.<br>(Securitizer) |
| Date | December 4, 2025 |
| /s/ Daniel S. Perotti | /s/ Daniel S. Perotti<br> (Signature) |
| By: | Daniel S. Perotti |
| Title: | Senior Managing Director and Chief Financial Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1** 

**CLAYTON SERVICES LLC ("CLAYTON") DUE DILIGENCE NARRATIVE REPORT** 

------

![LOGO](g72661g27x92.jpg)

![LOGO](g72661im01a.jpg)

![LOGO](g72661g99x96.jpg)

**November 28, 2025**<br>**Due Diligence Narrative Report**<br>

------

![LOGO](g72661g0923075813914.jpg)

**TABLE OF CONTENTS**

---

| | | | |
|:---|:---|:---|:---|
|  **Clayton Contact Information** |  | **2** |  |
|  **Overview** |  | **2** |  |
|  **Originators** |  | **2** |  |
|  **Clayton's Third Party Review ("TPR") Scope of Work** |  | **2** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Sampling* | | *3* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Sponsor Acquisition Criteria* | | *3* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Loan Grading* | | *3* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *TPR Component Review Scope* | | *4* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Review |  | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property Valuation Review |  | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regulatory Compliance Review |  | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Data Integrity* | | *6* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Data Capture* | | *7* | |
|  **Data Compare Results** |  | **7** |  |
|  **Clayton Due Diligence Results** |  | **8** |  |
|  **Clayton Third Party Reports Delivered** |  | **9** |  |
|  **Appendix A: Credit Review Scope** |  | **10** |  |
|  **Appendix B: Origination Appraisal Assessment** |  | **13** |  |
|  **Appendix C: Regulatory Compliance Review Scope** |  | **16** |  |

---

PMT Loan Trust 2025-J5 Page \| 1 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**CLAYTON CONTACT INFORMATION** 

Client Service Management:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Chris Turk** Senior Client Service Manager

Phone: (813) 472-6509/E-mail: <u>Cturk@clayton.com</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Joe Ozment** Vice President – Client Services & Securitization

Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u>

**OVERVIEW** 

On behalf of PennyMac Corp. ("PennyMac"), Clayton conducted an independent third-party pre-securitization due diligence review of 144 residential loans selected for the PMT Loan Trust 2025-J5 transaction. The loans referenced in this narrative report were reviewed on a bulk basis between September 2025 and October 2025. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review.

**ORIGINATORS** 

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| **Origination Channel** | **Loan Count** | **Percentage** |
|  Broker | 6 | 4.17% |
|  Correspondent Bulk | 133 | 92.36% |
|  Correspondent Flow with delegated underwriting | 4 | 2.78% |
|  Retail | 1 | 0.69% |
|  **Total** | **144** | **100.00%** |

---

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

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

<sup>1</sup> Standard and Poor's, Moody's, Fitch, Kroll, DBRS & Morningstar

PMT Loan Trust 2025-J5 Page \| 2 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**SAMPLING** 

Upon receipt of Asset Tape, Diligence provider randomly selected 144 Purchased Mortgage loans listed thereon, excluding Wet Loans. 100% of the loans received a Full Review as described below.

Review Type Loan Counts:

---

| | | |
|:---|:---|:---|
| *Review Type* | *Loan Count*<br> *Reviewed by Clayton* | *Scope Applied* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Full Review** | 144 | Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Loan Population** | 144 |  |

---

**SPONSOR ACQUISITION CRITERIA** 

The loans were originated to each Seller's Guidelines and Clayton reviewed the loans to the Agency Seller Guide Loan Eligibility Requirements, ("Sponsor Acquisition Criteria"). Clayton was supplied with all of the changes to the guidelines with advance notice.

**LOAN GRADING** 

Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade takes into account additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Clayton is providing a comprehensive loan-level analysis as part of this pre-securitization reporting package that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades, and sets forth waivers. The compliance exception report lists all exceptions within a loan.

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

![LOGO](g726614.jpg)

PMT Loan Trust 2025-J5 Page \| 3 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**TPR COMPONENT REVIEW SCOPE** 

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

CREDIT REVIEW

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

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

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

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

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

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

PROPERTY VALUATION REVIEW

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Original Appraisal Assessment (144 loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Clayton reviewed the original appraisal provided to determine whether the original appraisal was complete,
thorough and the original appraised value was reasonably supported.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Value Supported Analysis (144 loans)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• CU/LCA Score of 2.5 or below

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Automated Valuation Model/Desk Review/BPO

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Field Review/2055 Drive-by

For further detail please refer to the PMTLT 2025-J5 Valuations Summary Report

PMT Loan Trust 2025-J5 Page \| 4 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

REGULATORY COMPLIANCE REVIEW

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

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notice of Right to Cancel (Right of Rescission) adherence if applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• TIL Disclosure Timing (3/7/3) and disclosure content;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• TIL APR and Finance charge tolerances;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Timeliness of ARM Disclosures (if applicable);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Section 32 APR and Points and Fees Thresholds and prohibited practices;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Section 35 Higher Priced Mortgage Loans thresholds and applicable escrow and appraisal requirements;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Prepayment Penalty restrictions.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GFE initial disclosure timing and content;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed the file contains the final HUD1 Settlement Statement;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Homeownership Counseling Notice;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Affiliated Business Disclosure if applicable.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On, June 15th, SFIG published its RMBS 3.0 TRID Compliance Review Scope <sup>©</sup> documentation, developed under the leadership of members from Third Party Review ("TPR") firms across the industry and SFIG's RMBS 3.0 Due Diligence, Data and Disclosure
Working Group. The RMBS 3.0 TRID Compliance Review Scope was created with an

PMT Loan Trust 2025-J5 Page \| 5 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

aim to facilitate a uniform testing and risk identification standard as it would apply to an assignee, as a result of a consistent Truth-In-Lending Act liability interpretation according to the understanding of prevailing legal precedent and informal written guidance and webinars offered by the CFPB, as it applies to the Know Before You Owe / Truth In Lending Act ("TILA) – Real Estate Settlement Procedures Act ("RESPA") Integrated Disclosure ("TRID") Rule (78 FR 79730, as amended). RMBS 3.0 TRID Compliance Review Scope may be formally amended by the SFIG RMBS 3.0 Due Diligence, Data and Disclosure Working Group as clarifying regulations may be promulgated on a go forward basis, as well as any binding judicial interpretations of the underlying law. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Clayton applied the enhanced RMBS 3.0 TRID Compliance Review Scope to all the loans in this transaction.

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

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

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

State and Federal High Cost and Higher-Priced:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cook County High Cost Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Chicago High Cost Ordinance

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

Anti-predatory lending laws

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Virginia Lender and Broker Act after 6/1/2008

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sufficiency of coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Escrow of insurance payments

**DATA INTEGRITY** 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Discrepancies found during comparison are stored.

PMT Loan Trust 2025-J5 Page \| 6 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**DATA CAPTURE** 

Clayton collected data fields required to create American Securitization Forum ("ASF") data tape. The file format was provided as part of the pre-securitization reporting package. Additionally, Clayton captured rating agency required data points relating to ATR/QM determination, which is provided in the reporting package.

**DATA COMPARE RESULTS** 

Clayton provided PennyMac with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the sellers versus the data captured by Clayton during the loan review.

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| **Field Name** | **#** | **Accuracy %** |
|  Appraisal Form Type | 12 | 91.67% |
|  Borrower 1 Self Employed Flag | 5 | 96.53% |
|  Borrower 1 Total Income | 29 | 79.86% |
|  Borrower 2 Self Employed Flag | 1 | 99.31% |
|  Cash Reserves | 99 | 31.25% |
|  Credit Report Date | 3 | 97.92% |
|  Debt to Income Ratio (Back) | 5 | 96.53% |
|  Loan Purpose | 31 | 78.47% |
|  Original Appraisal Date | 1 | 99.31% |
|  Original Appraised Value | 1 | 99.31% |
|  Property City | 2 | 98.61% |
|  Property Type | 2 | 98.61% |

---

PMT Loan Trust 2025-J5 Page \| 7 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**CLAYTON DUE DILIGENCE RESULTS** 

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

**Initial and Final Overall Loan Grade Results** 

<u>Loan Pool (144 loans)</u>

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 115 |  |  | 7 | **122** |
| **Final** | **B** |  | 21 | 1 |  | **22** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **115** | **21** | **1** | **7** | **144** |

---

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

**Initial and Final Credit Component Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 139 |  | 1 | 1 | **141** |
| **Final** | **B** |  | 3 |  |  | **3** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **139** | **3** | **1** | **1** | **144** |

---

**Initial and Final Property Valuation Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 138 |  |  | 6 | **144** |
| **Final** | **B** |  |  |  |  | **0** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **138** | **0** | **0** | **6** | **144** |

---

**Initial and Final Regulatory Compliance Grade Results** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
|  | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** |  | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 122 |  | 1 | 2 | **125** |
| **Final** | **B** |  | 18 | 1 |  | **19** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **122** | **18** | **2** | **2** | **144** |

---

PMT Loan Trust 2025-J5 Page \| 8 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**CLAYTON THIRD PARTY REPORTS DELIVERED** 

Clayton furnished the following reports on this transaction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. ASF Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. ATR QM Upload

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Conditions Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. RA ATR QM Data Fields

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Standard Upload

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Tape Compare

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Valuations Summary

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. Narrative Report

PMT Loan Trust 2025-J5 Page \| 9 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**APPENDIX A: CREDIT REVIEW SCOPE** 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• LTV/TLTV/HLTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Credit score

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income and employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Assets and reserves

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Borrower eligibility, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Citizenship status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non- occupant co-borrower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Transaction eligibility, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum loan amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan purpose

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Occupancy

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Uniform Residential Loan Application reviewed to determine:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Initial loan application was in the loan file and was signed by all borrowers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Final loan application was in the loan file and was complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Information and debts disclosed on loan application aligned with related documentation in the loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Employment analyzed and verified through use of various documents, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Verbal and/or written verifications of employments (VVOE, VOE)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• CPA letter

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Business licenses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tax transcripts (IRS Form 4506-T)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Required income documentation for all borrowers was present and within required time period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Documents did not appear to have been altered or inconsistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• IRS Form 4506-T

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income was recalculated and was documented with applicable documentation, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tax returns

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Financial statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Paystubs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• W-2s

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 1099

PMT Loan Trust 2025-J5 Page \| 10 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• IRS documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bank statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Lease agreements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Award letters

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Asset review included:

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Depository account statements

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Gift funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Settlements statements

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Asset documents were reviewed to determine any large deposits and appropriate sourcing of funds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Credit Report review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Complete copy of report was in loan file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Report was dated within required timeframe

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• All borrowers were included in the report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Checked any fraud alerts against related loan file documentation

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Compared liabilities listed on the credit report against the loan application for accurate debt ratio calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Captured and utilized appropriate credit score for guideline review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Title policy review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Title interest – determined if

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee simple

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Leasehold estate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appropriate vestee(s) were listed on title policy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Amount of coverage was greater than or equal to the original principal amount of the mortgage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Applicable title endorsements were present

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reviewed the chain of title and duration of ownership by seller or borrower (whichever was applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Captured monthly tax payments in debt ratio calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• HUD1 (Settlement Statement) review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Funds to close identified and analyzed against borrower's assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Seller contributions did not exceed maximum allowed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject property, seller and borrower aligned with other loan documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Disbursements and pay-offs included in debt ratio calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan purpose confirmed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Hazard/Flood insurance review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Verified presence of required hazard insurance and flood insurance (if required)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed that any required insurance was for the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Correct borrower

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Correct property

PMT Loan Trust 2025-J5 Page \| 11 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Correct lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Correct loan number

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed that any required insurance minimum coverage amount and policy period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reviewed for evidence that any required insurance policy premium was paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed that the mortgagee clause listed the lender's name and "its successors and assigns"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Confirmed that the payment amount on any required insurance was included in the debt ratio calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Mortgage Insurance review included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Determined if mortgage insurance is required

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Captured mortgage insurance name, certificate # and percentage guarantee (when required)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Borrower identity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Social Security inconsistencies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Borrower name variations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Borrower address history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject property ownership history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Licensing – reviewed NMLS data for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Mortgage lender/originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan officer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• OFAC

PMT Loan Trust 2025-J5 Page \| 12 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

**APPENDIX B: ORIGINATION APPRAISAL ASSESSMENT** 

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal report used standard GSE forms, appropriate to the property type:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FNMA 2090 – Individual Cooperative Appraisal Report. Used for individual cooperative units

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FNMA 2000/FHLMC 1032 – One Unit Residential Appraisal Field Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FNMA 2000a/FHLMC 1072 – Two to Four Unit Residential Appraisal Field Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal report was reasonably complete and included:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal report form, certification, statement of limiting conditions and scope of work

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Accurate identification of the subject property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Accurate identification of the subject loan transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Accurate identification of the property type, in both land and improvements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• All required attachments including:

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Location map

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Evidence that appraisal report was made "As Is" or provided satisfactory evidence of completion for
all material conditions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal date met supplied Sponsor Acquisition Criteria

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If applicable to Sponsor Acquisition Criteria requirements, a second full appraisal was furnished and met Sponsor
Acquisition Criteria

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Title XI of FIRREA:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Determined that either the appraiser or supervisory appraiser was appropriately licensed by verifying the
appraiser's license included in the appraisal.

PMT Loan Trust 2025-J5 Page \| 13 November 28, 2025

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![LOGO](g72661g0923075813914.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• USPAP

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraised value was reasonably supported. Utilized the following review in making value supported determination:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Comps used were located reasonably close to the subject property and if not the reason was satisfactorily
explained

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Comps used were reasonably recent in transaction date and if not the reason was furnished

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Comps used were reasonably similar to the subject property and if not an explanation was supplied

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraised value of the subject was bracketed by the sales prices of the comps and if not the reason was furnished

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Appraisal was made on an "As Is" basis or provides satisfactory evidence of completion of all
material conditions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Property usage was reviewed for zoning compliance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Property utilization was reviewed to determine it was "highest and best use"

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Neighborhood values were reviewed to determine if declining

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Market conditions were reviewed to determine indication of possible marketability issues:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Location

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• % built up

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Growth rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Demand/supply

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Marketing time

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Predominant occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Physical condition of the property was reviewed to determine that the property condition was average or better

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Style of property was reviewed to determine if unique property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any health and safety issues were noted and/or remediated

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Locational and/or environmental concerns adequately addressed if present

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 3 to 4 unit owner occupied properties

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2 to 4 unit second homes

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Unwarrantable or limited review condominiums

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Manufactured or mobile homes

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Condotel units

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Unique properties

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Working farms, ranches or orchards

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Mixed-use properties

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Properties subject to existing oil or gas leases

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Properties located in Hawaii Lava Zones 1 and 2

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

PMT Loan Trust 2025-J5 Page \| 14 November 28, 2025

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

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

F. Disclaimer

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list

G. Desk Review definitions

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

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

PMT Loan Trust 2025-J5 Page \| 15 November 28, 2025

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**APPENDIX C: REGULATORY COMPLIANCE REVIEW SCOPE** 

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Initial Good Faith Estimate, (GFE): timing and content of the initial disclosure

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Final HUD1 Settlement Statement: verify the loan file contains the final HUD1 and the loan terms on the HUD1
correspond to the actual loan terms from the Note

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• High Cost mortgage thresholds for points and fees (Section 32)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• High Cost Prohibited Acts and Practices upon request (Section 33)

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

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

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

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![LOGO](g72661g0923075813914.jpg)

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

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

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

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

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

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

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

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

---

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

---

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![LOGO](g72661g0923075813914.jpg)

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

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

---

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

---

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Minnesota (Mortgage Originator and Service Licensing Act)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Puerto Rico (Office Regulation 5722)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Texas (Texas Finance Code)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• West Virginia (Residential Mortgage Lender, Broker and Servicer Act).

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

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

---

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

---

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

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

---

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

---

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

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

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

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

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

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![LOGO](g72661g0923075813914.jpg)

**<u>Disclaimer</u>**

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

<sup>©</sup> 2025 Clayton Services LLC. All rights reserved.

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

PMT Loan Trust 2025-J5 Page \| 20 November 28, 2025

## Exhibit 99.2

**EXHIBIT 99.2** 

**CLAYTON CONDITIONS REPORT** 

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC PMTLT 2025-J5_J16421** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *144* |
| ***Loans with Conditions:*** | *34* |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**22 - Total Active Conditions** | |
| **22 - Non-Material Conditions** | **22 - Non-Material Conditions** |
| 3 - Credit Review Scope | 3 - Credit Review Scope |
|  | 1 - Category: Credit/Mtg History |
|  | 1 - Category: DTI |
|  | 1 - Category: Terms/Guidelines |
| 19 - Compliance Review Scope | 19 - Compliance Review Scope |
|  | 15 - Category: RESPA |
|  | 4 - Category: State Consumer Protection |
| &nbsp;&nbsp;&nbsp;**26 - Total Satisfied Conditions** | &nbsp;&nbsp;&nbsp;**26 - Total Satisfied Conditions** |
| 5 - Credit Review Scope | 5 - Credit Review Scope |
|  | 1 - Category: Credit/Mtg History |
|  | 1 - Category: DTI |
|  | 1 - Category: Income/Employment |
|  | 1 - Category: Legal Documents |
|  | 1 - Category: Terms/Guidelines |
| 6 - Property Valuations Review Scope | 6 - Property Valuations Review Scope |
|  | 6 - Category: Appraisal |
| 15 - Compliance Review Scope | 15 - Compliance Review Scope |
|  | 2 - Category: Ability to Repay/Qualified Mortgage |
|  | 13 - Category: TILA/RESPA Integrated Disclosure |
| &nbsp;&nbsp;&nbsp;**0 - Total Waived Conditions** |  |

---

<sup>©</sup>2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC PMTLT 2025-J5_J16421** |
| **Conditions Report 2.0** |  |
| ***Loans in Report:*** | *144* |
| ***Loans with Conditions:*** | *34* |

---

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion**<br> **Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) C B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied C B | CMPTRID3944 | TRID - CD:<br>The P&I at<br>consummation<br>per the CD<br>Loan Terms<br>section does<br>not match the<br>P&I per Year<br>1 in the CD<br>Project<br>Payments<br>section | No | CD XXX<br>Projected<br>payments<br>section TRID<br>payment<br>schedule<br>comparison<br>reflects 3 bands<br>rather than 1<br>band. Clayton<br>calculation<br>reflects 1-30<br>years P&I<br>payment of<br>$7211.48 plus<br>1014.07<br>estimated<br>escrows<br>equaling total<br>monthly<br>payment of<br>$XXX. | 11.26.2025 -<br>LOX and<br>PCCD<br>received. | 11.26.2025<br>-Exception<br>satisfied | Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers 805 FICO score exceeds 620 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below the 89.99% max CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have $428626 in reserves. |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) C B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied C B | CMPTRID4993 | TRID CD:<br>The Total<br>Fixed<br>Payment<br>disclosed in at<br>least one<br>column of the<br>Projected<br>Payments<br>section of the<br>Final Closing<br>Disclosure<br>does not<br>match the<br>Total Fixed<br>Payment<br>Clayton that<br>calculates. | No | Final CD XXX<br>Projected<br>payments<br>section TRID<br>payment<br>schedule<br>comparison<br>reflects 3 bands<br>rather than 1<br>band. Clayton<br>calculation<br>reflects 1-30<br>years P&I<br>payment of<br>$7211.48 plus<br>1014.07<br>estimated<br>escrows<br>equaling total<br>monthly<br>payment of<br>$XXX. | 11.26.2025 -<br>LOX and<br>PCCD<br>received. | 11.26.2025<br>-Exception<br>satisfied | Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers 805 FICO score exceeds 620 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below the 89.99% max CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have $428626 in reserves. |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) C B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied C B | CMPTRID5035 | TRID - CD:<br>The fixed<br>payment<br>disclosed in at<br>least one<br>column of the<br>Projected<br>Payments<br>section of the<br>Final Closing<br>Disclosure<br>does not<br>match the<br>Fixed<br>Payment that<br>Clayton<br>calculates. | No | Final CD XXX<br>Projected<br>payments<br>section TRID<br>payment<br>schedule<br>comparison<br>reflects 3 bands<br>rather than 1<br>band. Clayton<br>calculation<br>reflects 1-30<br>years P&I<br>payment of<br>$7211.48 plus<br>1014.07<br>estimated<br>escrows<br>equaling total<br>monthly<br>payment of<br>$XXX. | 11.26.2025 -<br>LOX and<br>PCCD<br>received. | 11.26.2025<br>- Exception<br>satisfied | Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrowers 805 FICO score exceeds 620 min CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below the 89.99% max CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have $428626 in reserves. |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D C | Compliance | Ability to<br>Repay/<br>Qualified<br>Mortgage | Satisfied D A | CMPATRQM3220 | TILA - Loan<br>subject to<br>Ability to<br>Repay/<br>Qualified<br>Mortgage<br>rule; the loan<br>file is missing<br>documents to<br>complete the<br>ATR/QM<br>review and<br>render an<br>accurate ATR/<br>QM status. | No | Missing<br>satisfactory<br>documentation<br>to support that<br>XXX payments<br>are not<br>additional debt<br>that is recurring<br>as qualified.<br>There are<br>recurring<br>monthly<br>payments of<br>$774.00 and two<br>XXX payments<br>on 4/11/25 in<br>the amount of<br>$17,799.38 and<br>$2,255.59 for<br>which no<br>documentation<br>was provided. If<br>borrowers are<br>under an XXX<br>payment<br>arrangement<br>must have<br>verification of<br>the installment<br>agreement with<br>verification<br>XXX approved<br>the payment<br>terms including<br>payment amount<br>and balance.<br>Verification<br>borrowers are<br>not past due<br>under the terms<br>also required.<br>Additionally if<br>any of the<br>expenses are<br>recurring they<br>must be<br>included in DTI<br>calculation<br>requiring DU<br>AUS to be<br>updated if the<br>DTI increase<br>would be<br>greater than 3%.<br>If AUS re-ran<br>DU<br>recommendation<br>must remain<br>Approve/<br>Eligible. | 11/26/2025:<br>Received<br>payment<br>history to<br>show $0<br>balance and<br>refund of<br>overpayment<br>issued. | 11/26/2025:<br>Exception<br>satisfied. | (No<br>Data) | Not<br>Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 30.12 is below Guidelines maximum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.58% is below Guidelines maxi um of 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of 140,906.03 or 18 months PITI exceed guidelines required of 3 months. |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Credit | Credit/<br>Mtg<br>History | Satisfied C A | CRDCRMH1805 | Debts/<br>obligations<br>not disclosed/<br>accounted for<br>at origination | No | Missing<br>satisfactory<br>documentation<br>to support that<br>XXX payments<br>are not<br>additional debt<br>that is recurring<br>as qualified.<br>There are<br>recurring<br>monthly<br>payments of<br>$774.00 and two<br>XXX payments<br>on 4/11/25 in<br>the amount of<br>$17,799.38 and<br>$2,255.59 for<br>which no<br>documentation<br>was provided. If<br>borrowers are<br>under an XXX<br>payment<br>arrangement<br>must have<br>verification of<br>the installment<br>agreement with<br>verification<br>XXX approved<br>the payment<br>terms including<br>payment amount<br>and balance.<br>Verification<br>borrowers are<br>not past due<br>under the terms<br>also required.<br>Additionally if<br>any of the<br>expenses are<br>recurring they<br>must be<br>included in DTI<br>calculation<br>requiring DU<br>AUS to be<br>updated if the<br>DTI increase<br>would be<br>greater than 3%.<br>If AUS re-ran<br>DU<br>recommendation<br>must remain<br>Approve/<br>Eligible. | 11/26/2025:<br>Received<br>payment<br>history to<br>show $0<br>balance and<br>refund of<br>overpayment<br>issued. | 11/26/2025:<br>Exception<br>satisfied. | (No<br>Data) | Not<br>Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 30.12 is below Guidelines maximum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.58% is below Guidelines maxi um of 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of 140,906.03 or 18 months PITI exceed guidelines required of 3 months. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/**<br> **Seller**<br> **Response**<br> **Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | Missing<br>Updated<br>Valuation. CU<br>/LCA score ><br>2.5. Clayton<br>to order desk<br>review. | 7/24/2025: Received<br>AVM supporting value. | 7/24/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 30.12 is below Guidelines maximum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.58% is below Guidelines maxi um of 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of 140,906.03 or 18 months PITI exceed guidelines required of 3 months. |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Compliance | Ability to<br>Repay/<br>Qualified<br>Mortgage | Satisfied D A | CMPATRQM3220 | TILA -<br>Loan<br>subject to<br>Ability to<br>Repay/<br>Qualified<br>Mortgage<br>rule; the<br>loan file is<br>missing<br>documents<br>to complete<br>the ATR/<br>QM review<br>and render<br>an accurate<br>ATR/QM<br>status. | No | 1. Missing<br>borrower<br>letter of<br>explanation or<br>other<br>satisfactory<br>documentation<br>to support no<br>HOA for<br>XXX property<br>as qualified<br>with.2.<br>Missing proof<br>the payments<br>for the lease<br>1st mos. rent<br>and security<br>deposit for<br>XXX property<br>were<br>deposited to<br>the borrowers<br>account.<br>Copies of<br>checks<br>provided are<br>dated<br>3/1/2025. Did<br>not locate<br>deposits that<br>total $5,000<br>on any of the<br>March 2025<br>statements in<br>file. Proof<br>lease was<br>initiated<br>required to use<br>rental income. | 11/26/2025: Received<br>verification $175 annual<br>HOA =<br>$14.58/month.11/26/2025:<br>Received verification of<br>$2,500 security & $2,500<br>first month rent deposited<br>5/16/2025 & 5/19/2025. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reports 18 mos. 0x30 and 38 mos. 0x30. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 17 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $991,996.66 exceeds required reserves $52,746.45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 747 exceeds program requirement 720. |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Credit | DTI | Satisfied D A | CRDDTI2540 | Missing<br>verification<br>of some or<br>all<br>components<br>of non-<br>subject<br>PITI | No | Missing<br>borrower<br>letter of<br>explanation or<br>other<br>satisfactory<br>documentation<br>to support no<br>HOA for<br>XXX property<br>as qualified<br>with. | 11/26/2025: Received<br>verification $175 annual<br>HOA = $14.58/month. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reports 18 mos. 0x30 and 38 mos. 0x30. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 17 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $991,996.66 exceeds required reserves $52,746.45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 747 exceeds program requirement 720. |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D | Credit | Income/<br>Employment | Satisfied D A | CRDINC2408 | Income<br>verification<br>does not<br>meet<br>guidelines | No | Missing proof<br>the payments<br>for the lease<br>1st mos. rent<br>and security<br>deposit for<br>XXX property<br>were<br>deposited to<br>the borrowers<br>account.<br>Copies of<br>checks<br>provided are<br>dated<br>3/1/2025. Did<br>not locate<br>deposits that<br>total $5,000<br>on any of the<br>March 2025<br>statements in<br>file. Proof<br>lease was<br>initiated<br>required to use<br>rental income. | 11/26/2025: Received<br>verification of $2,500<br>security & $2,500 first<br>month rent deposited<br>5/16/2025 & 5/19/2025. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reports 18 mos. 0x30 and 38 mos. 0x30. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 17 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $991,996.66 exceeds required reserves $52,746.45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 747 exceeds program requirement 720. |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Credit | Legal<br>Documents | Satisfied D A | CRDLGL2996 | Missing<br>Trust<br>Documents | No | Missing fully<br>executed Trust<br>Cert to verify<br>approval of<br>trust.<br>Document in<br>file is not<br>completed. | 11/26/2025: Received<br>Cert of Trust. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reports 18 mos. 0x30 and 38 mos. 0x30. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 17 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $991,996.66 exceeds required reserves $52,746.45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 747 exceeds program requirement 720. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | MO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Credit | Terms/<br>Guidelines | Satisfied D A | CRDTER2548 | Missing AUS<br>or AUS errors<br>present | No | Updated DU<br>AUS required to<br>clear up DU<br>Alerts 2 and 3.<br>Guidelines<br>indicate the<br>AUS can only<br>be ineligible for<br>the high balance<br>loan amount<br>however DU<br>Alert 2 indicates<br>casefile is<br>ineligible as a<br>limited cash-out<br>refinance due to<br>input data. DU<br>Alert 3 indicates<br>casefile is<br>ineligible<br>because the<br>amount of cash<br>taken out of<br>subject exceeds<br>allowable limit.<br>Updated DU<br>recommendation<br>can remain<br>Approve/<br>Ineligible<br>however can<br>only be eligible<br>for the high-<br>balance loan<br>amount as cited<br>in DU Alert #4. | 11/26/2025:<br>Received<br>DU #8 run<br>XXX<br>Approve/<br>Ineligible<br>for loan<br>amount<br>only. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reports 18 mos. 0x30 and 38 mos. 0x30. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 17 years 5 months at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $991,996.66 exceeds required reserves $52,746.45. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 747 exceeds program requirement 720. |
| &nbsp;&nbsp;&nbsp;377 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied C A | CMPTRID3670 | TRID - Zero<br>tolerance fee<br>or fees<br>increased at or<br>prior to<br>closing<br>without a<br>valid reason<br>or not timely<br>disclosed;<br>refund<br>required<br>within 60<br>days of<br>consummation | No | Zero Tolerance<br>Fee of<br>$2,428.96.<br>Discount point<br>was added to<br>CD XXX and<br>XXX. No<br>documentation<br>provided<br>disclosing<br>addition of fee.<br>Please provide<br>documentation<br>or Letter of<br>explanation,<br>corrected<br>Closing<br>Disclosure,<br>refund, proof of<br>delivery within<br>60 days of<br>consummation<br>to cure. | 09.19.2025<br>- COC<br>provided. | 09.19.2025<br>-Exception<br>satisfied (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 789 exceeds guideline requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: No mortgage late payments reflected in the last 48 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified assets are $403,443.56 or 34.06 months of PITI. Required PITI Reserves are $11,845.08 X 3 months = $35,535.24. |
| &nbsp;&nbsp;&nbsp;377 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A C | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | CU score > 2.5.<br>Clayton to order<br>desk review. | 9/11/2025:<br>Received<br>AVM<br>supporting<br>value. FSD<br>4. | 9/11/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 789 exceeds guideline requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: No mortgage late payments reflected in the last 48 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified assets are $403,443.56 or 34.06 months of PITI. Required PITI Reserves are $11,845.08 X 3 months = $35,535.24. |
| &nbsp;&nbsp;&nbsp;1 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified 788 fico score. Minimum required is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves required $61,451.00, reserves verified $846,211.37 CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession for 17 years |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | CU Score 5.0.<br>Clayton to order<br>AVM. | 11/26/2025:<br>Received<br>AVM<br>supporting<br>value. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 14.25yrs tenure with current employer CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed $0 required per guidelines/DU Findings. Post Close Assets are $657,986.21 or 48.58 mths of PITI $13,544.18 CFCFS1737: LTV below guideline requirements - Clayton Comments: 52.63% LTV below maximum allowed LTV or 89.99 per guidelines |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Required<br>Affiliate<br>Business<br>Disclosure<br>missing. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 is 88 points above minimum program requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 96 months mortgage payment history 0x30. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 226 months. |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied B | CMPTRID3670 | TRID - Zero<br>tolerance fee<br>or fees<br>increased at or<br>prior to closing<br>without a valid<br>reason or not<br>timely<br>disclosed;<br>refund<br>required within<br>60 days of<br>consummation | No | Need<br>evidence of<br>change of<br>circumstance<br>letter or a<br>copy of a<br>refundable<br>check in the<br>amount of<br>$32.20 for<br>zero<br>tolerance<br>fees.Transfer<br>taxes<br>increased<br>from $4554<br>to $4586.20.<br>Corrected on<br>the PCCD<br>dated XXX.<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 is 88 points above minimum program requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 96 months mortgage payment history 0x30. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 226 months. |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied B | CMPTRID3676 | TRID - CD:<br>Ten percent<br>tolerance fee<br>or fees<br>increased at or<br>prior to closing<br>without a valid<br>reason or not<br>timely<br>disclosed;<br>refund<br>required within<br>60 days of<br>consummation. | No | Need<br>evidence of<br>change of<br>circumstance<br>letter or a<br>copy of a<br>refundable<br>check in the<br>amount of<br>$1722.75 for<br>10%<br>tolerance<br>fees.Lender's<br>Title<br>Insurance<br>increased<br>from<br>$2098.00 to<br>$4177.00.<br>Corrected on<br>the PCCD<br>dated XXX.<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 is 88 points above minimum program requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 96 months mortgage payment history 0x30. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 226 months. |
| &nbsp;&nbsp;&nbsp;86 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 787 is 87 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.11% is below the guideline minimum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $534,914.70/ 24.97 PITI which is > guideline minimum |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines—Clayton Comments: Verified 771 FICO score. Minimum required 620. CFCFS2860: Good credit history—Clayton Comments: Borrower has an excellent credit payment history with 99 months reviewed reporting 0 late payments. |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;23 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Required<br>Affiliate<br>Business<br>Disclosure<br>missing. (No<br>Data) | Not<br>Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: Post close assets are $198705.03 or 15 months of PITI: no reserves required CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below minimum guideline requirements of 89.99% CFCFS1744: DTI below guideline requirement - Clayton Comments: 39.51% DTI is below the guideline requirements of 45% CFCFS5269: Minimal use of credit - Clayton Comments: Borrower has an 825 credit score and less than 1% credit usage |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 736 exceeds guideline requirements. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 25.90% is below guideline requirement of 50%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $745,249.30 or 41.40 months of PITI.Required PITI Reserves are $17,999.51 X 18 months = $323,991.18. |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of786 is above the required 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80 is below the maximum allowable of 89.99 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets: $296,942.14 or 33.39 months of PITI. 3 months required. |
| &nbsp;&nbsp;&nbsp;82 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: 29 Years and 8 months at current residence. CFCFS1737: LTV below guideline requirements - Clayton Comments: Verified 56.77% LTV. Max allowed 80%. |
| &nbsp;&nbsp;&nbsp;84 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines—Clayton Comments: Borrower credit score of 788 exceeds min score requirement of 700. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years—Clayton Comments: Mortgage history reflects 0 x 30 for the past 49 months. CFCFS1735: Co-Borrower has significant time at current job—Clayton Comments: Co-Borrower has been with employer in the past: 6 years. CFCFS2854: Significant time in profession—Clayton Comments: Co-Borrower has been in this line of work in the past: 10 years. |

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;77 | XXXXXX | XXXXXX | VA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been employed in current position 13 years, 7 months CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets of $225,681.24 exceed the required reserves of $30.708.69. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified credit score 746. Guideline minimum is 700. |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are 20.60 months of PITI.Required PITI Reserves are 3 months CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Credit shows all mortgage payments on time for over 50 months CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 months payment history required credit shows 50 with no late payments reported |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | XXXXXX | SC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: 25 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 23 years at current job. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $606,802.40 or 65.81 months of PITIA, Required PITI Reserves are $9,220.18 X 3 months = $27,660.54. |
| &nbsp;&nbsp;&nbsp;5 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied A | CMPTRID5293 | TRID<br>Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>CD | No | Seller fees<br>listed on<br>Seller CD<br>but not<br>Borrower<br>final CD. As<br>the fees are<br>at least<br>reflected<br>there is no<br>material<br>issue. This<br>exception is<br>informational<br>per XXX<br>Compliance<br>department<br>and TRID<br>2.0 revisions.<br>Exception<br>satisfied.<br>Final Grade<br>A. (No<br>Data) | Numeric | Not<br>Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: 10 Years and 0 months at current residence. CFCFS2854: Significant time in profession - Clayton Comments: 21 years and 6 months at current profession. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Min credit score required 700. File credit score 799 |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Credit | DTI | Active B | CRDDTI105 | Debt<br>Ratio<br>Exception<br>5% or<br>Less | No | 25.39%<br>review DTI<br>exceeds<br>allowable<br>tolerance of<br>3% VS<br>lender DTI<br>of<br>20.31%Per<br>review:<br>Primary<br>PITIA<br>$2,613.00 +<br>Subject (2nd<br>home)<br>$6,171.48 +<br>Investment<br>property<br>$1,487.02 +<br>Consumer<br>debt =<br>$16,760.50 /<br>Total<br>income:<br>$66,007.92<br>(B1:<br>$24,069.55 /<br>B2:<br>$41,938.37)<br>= 25.39% (No<br>Data) | (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines—Clayton Comments: Credit score 775 is 75 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement—Clayton Comments: DTI 20.309% IS below the guideline minimum of 45%. CFCFS1742: Consumer credit history exceeds guidelines—Clayton Comments: Borrower has 184 months mortgage payment history 0x30. |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;34 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Please<br>provide<br>missing<br>Affiliated<br>Business<br>Disclosure. (No<br>Data) | Not<br>Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Required reserves 3 months , borrower has 10.72 months post close reserves CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1737: LTV below guideline requirements - Clayton Comments: Current LTV 80%, Maximum LTV 89.99% CFCFS5269: Minimal use of credit - Clayton Comments: Borrower is using less than 10% of available credit |
| &nbsp;&nbsp;&nbsp;29 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 812 is 112 points above minimum program requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has over 70 months mortgage payment history 0x30. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 27.30% is below the guideline minimum of 45%. |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit Score 750. Minimum required 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Closing assets $337,339.25 or 36 months PITI reserves. Required $28,110.78 or 3 months PITI CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession for 15 years |
| &nbsp;&nbsp;&nbsp;85 | XXXXXX | XXXXXX | AZ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 27 years at current job CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 18 years at current job CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 795 fico score |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX | XXXXXX | HI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 777 is 77 points above minimum program requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 78.02%; guidelines allow 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $169,828.77 or 16.96 months of PITI. Required reserves $10,013.21 \* 3 mos. = $30,039.63. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX | XXXXXX | NY | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 795 is 75 points above minimum program requirement of 720. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 75%; guidelines allow 89.99%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 60 months mortgage payment history 0x30. |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves: $1,343,149.08 CFCFS1744: DTI below guideline requirement - Clayton Comments: calculated DTI 34% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 788 credit score |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of793 is above the required 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80 is below the maximum allowable of 89.99 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets: $128466.03 or 14.36 months of PITI. Three months required. |
| &nbsp;&nbsp;&nbsp;154 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 15.92yrs tenure with current self-employed business CFCFS1737: LTV below guideline requirements - Clayton Comments: 79.22% LTV below maximum allowed 89.99% LTV per quidelines. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 778 Midian Credit Score exceeds guideline minimum of 720. CFCFS2860: Good credit history - Clayton Comments: Excellent credit history with no late pay/derog line items. 778 Median Credit Score, Oldest Trade 4/1988, 48 consecutive months mortgage payment history |
| &nbsp;&nbsp;&nbsp;93 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | CU<br>Score<br>returned<br>2.6.<br>XXX to<br>order<br>AVM. | 11/26/2025:<br>Received<br>AVM<br>supporting<br>value. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Mortgage history reflects 0 x 30 for the past 84 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score of 791 exceeds min score requirement of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in this line of work in the past: 37 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for the past: 9 years. |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;58 | XXXXXX | XXXXXX | ME | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: 8 year at current job CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 781 fico score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $32564.11 or 4.38 months of PITI.Required PITI Reserves are $7432.64 X 3 number of months = $22979.20 |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High Credit 767 Guidelines allow 720 CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 12 Years in Current Profession CFCFS2860: Good credit history - Clayton Comments: Borrower Has history of good credit with 0 Late Payments > 24 Months |
| &nbsp;&nbsp;&nbsp;100 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: B1 25 years in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 749 fico score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $440187.64 or 47.06 months of PITI.Required PITI Reserves are $9352.94 X 3 number of months = $28058.82 |
| &nbsp;&nbsp;&nbsp;78 | XXXXXX | XXXXXX | VA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV below guideline maximum of 80% LTV CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 799 Median Credit Score exceeds guideline minimum of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves exceed 3 months require per guidelines. Post Close Assets are $240,263.39 or 19.09 mths of PITIA $12,587.47 (cpr $3298.20+ subj $9289.27) CFCFS2860: Good credit history - Clayton Comments: Excellent credit history with no late pay/derog line items. 799 Median Credit Score, Oldest reported trade 5/1999 |
| &nbsp;&nbsp;&nbsp;159 | XXXXXX | XXXXXX | VA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B | Credit | Terms/<br>Guidelines | Active B | CRDTER109 | Cash Out<br>Amount<br>Exceeds<br>Guidelines | No | Max<br>cash<br>back<br>allowed<br>on R/T<br>refinance<br>is<br>$2,000.<br>Per Post<br>Close<br>CD,<br>borrower<br>received<br>$2,755. (No<br>Data) | Not<br>Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 33.438% LTV for Subject Property is below guideline max LTV of 89.99% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 38.87% is above the minimum program requirements of 45% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median Fico Score787 > 87 points of minimum guideline requirements of 700. |

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;80 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score 809 exceeds min score requirement of 700. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for the past: 10 years. CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Mortgage history reflects 0 x 30 for the past 82 months. |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been with the same employer for over 10 years CFCFS2860: Good credit history - Clayton Comments: Credit score is 772 minimum required is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified PITIA reserves above minimum by 6 months or higher |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75 is below guideline requirement max of 89.99. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 728 exceeds guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 42.93 is below guideline requirement. |
| &nbsp;&nbsp;&nbsp;27 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Required<br>Affiliate<br>Business<br>Disclosure<br>missing. (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High Credit 793 Guidelines allow 720 CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 24 Years in Current Profession CFCFS1731: Verified cash reserves exceed guidelines—Clayton Comments: Post Close Assets are $281,576.04 or 24.88 months of PITIAGuidelines require 18 months or $11,316.65 X 18 = $203,699.70Reserves Required per DU AUS = $28,562 |
| &nbsp;&nbsp;&nbsp;163 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines—Clayton Comments: The borrowers lower middle credit score is 799, which is points 99 higher than the benchmark score of 700. CFCFS1744: DTI below guideline requirement—Clayton Comments: The borrowers have a Debt to income back ratio of 16.96% which is 33.04% lower than the max debt to income ratio of 50.00%. CFCFS1737: LTV below guideline requirements—Clayton Comments: The loan-to-value (LTV) ratio is 48.24%, which is 41.75% below the maximum allowable LTV of 89.99%. CFCFS1734: Borrower has significant time at current job—Clayton Comments: The primary borrower has been employed with XXX current employer for over 17 years, which is significantly longer than the typical employment duration. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | XXXXXX | MT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves Required 3 months , Borrower Reserves 4.53 months CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 89.99%, Current LTV 64.69% CFCFS1739: Positive mortgage payment history - Clayton Comments: Credit reports 0 lates in over 50 months |
| &nbsp;&nbsp;&nbsp;39 | XXXXXX | XXXXXX | ID | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied A | CMPTRID5293 | TRID<br>Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>CD | No | Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>final CD.<br>Seller's<br>CD in<br>file and<br>able to<br>trace all<br>fees,<br>exception<br>is<br>satisfied. (No<br>Data) | Numeric | Not<br>Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 69.23%; guidelines allow 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 748 is 48 points above minimum program requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer for more than 19 years. |
| &nbsp;&nbsp;&nbsp;96 | XXXXXX | XXXXXX | MD | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 723 is 23 points above minimum program requirement of 700 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 47 months mortgage payment history 0x30. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 43 months. |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | XXXXXX | NJ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 812 is 92 points about minimum program requirement of 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close assets are $660,614.91 or 50 months of PITIRequired PITI reserves are $38282.04 CFCFS5269: Minimal use of credit - Clayton Comments: Borrower has low credit usage ratio of 5.62% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.1% is below guideline maximum requirement of 45% |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 9 years and 4 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 8 years and 8 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 753 is 33 points above program guideline minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: 11.94% DTI is below guideline requirement of 50.00%. |

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;13 | XXXXXX | XXXXXX | MT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Required reserves 3 x $10,240.53 = $30,721.59Post-Closing Assets: $5,802,200.20 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 22.69% and guidelines allow the DTI to be 50% CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 68.39% and guidelines allow the HCLTV to be 89.99% |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score of 778 exceeds min score requirement of 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit show 0x30x65 CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with employer in the past: 13 years. |
| &nbsp;&nbsp;&nbsp;6 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Affiliate<br>Business<br>Disclosure<br>missing | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median Fico Score 765 > 65 points of minimum guideline requirements of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV for Subject Property is below guideline max LTV of 89.99% CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 30.62% is above the minimum program requirements of 45% |
| &nbsp;&nbsp;&nbsp;17 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of737 is above the required 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.9 is below the maximum allowable of 89.99 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets: $123432.77 or 16.55 months of PITI. 0 months required. |
| &nbsp;&nbsp;&nbsp;10 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 8 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 74.72% LTV below guideline requirements of 80.00% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 774 is 74 points above program guideline minimum of 720. CFCFS1744: DTI below guideline requirement - Clayton Comments: 28.40% DTI is below guideline requirement of 50.00%. |

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;62 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 787 is 87 points above minimum program requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self-employed with current business for over 8 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 31.55% is below the guideline minimum of 43%. |
| &nbsp;&nbsp;&nbsp;22 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: The borrowers have occupied the primary residence for 7 years 2 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has been with the employer for 10 years 9 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 70% and guidelines allow the HCLTV to be 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-Closing Assets: $304,037.56 - $33,635.11 required reserves = $270,402.25/$11,211.77 PITIA = 24.12 additional months reserves. |
| &nbsp;&nbsp;&nbsp;83 | XXXXXX | XXXXXX | MD | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit Score 744. Minimum required 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $78,029.228 or 11.24 months PITI reserves. Required $20,833.38 or 3 months CFCFS2854: Significant time in profession - Clayton Comments: B2 has been in the same profession over 11 years. |
| &nbsp;&nbsp;&nbsp;106 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied A | CMPTRID5293 | TRID<br>Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>CD | No | Seller fees<br>listed on<br>Seller CD<br>but not<br>Borrower<br>final CD. As<br>the fees are<br>at least<br>reflected<br>there is no<br>material<br>issue. This<br>exception is<br>informational<br>per Clayton<br>Compliance<br>department<br>and TRID<br>2.0 revisions.<br>Exception<br>satisfied.<br>Final Grade<br>A. | (No Data) | (No Data) | Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 768 is 28 points above minimum program requirement of 740. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 53.13%; guidelines allow 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $4,516,153.75/290.02 PITI which is > guideline minimum. |
| &nbsp;&nbsp;&nbsp;88 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 769 is 69 points above minimum program requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have93 months mortgage payment history 0x30. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;116 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: B1 has 11 years in same profession. B2 has 10 years in same profession. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 808 exceeds guideline 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $63,135.79 or 8.11 months of PITI. Required reserves $7,787.14 \* 3 months = $23,361.39. |
| &nbsp;&nbsp;&nbsp;18 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 53.06% LTV below guideline requirements of 89.99% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 753 is 53 points above program guideline minimum of 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60+ months CFCFS1744: DTI below guideline requirement - Clayton Comments: 37.06% DTI is below guideline requirement of 50.00%. |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Please<br>provide<br>the<br>Affiliate<br>Business<br>Disclosure<br>missing. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves Required 3 months borrower has over 128 months reserves CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 89.99%, Current LTV 75% CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 month payment history required, credit reports over 90 months |
| &nbsp;&nbsp;&nbsp;111 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: credit score 777 is above the minimum program requirement of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 70%; guidelines allow 89.99% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets: $39,775.49 (6.25 months PITIA reserves) > min required reserves of 3 months PITIA |
| &nbsp;&nbsp;&nbsp;57 | XXXXXX | XXXXXX | NJ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24.89 is below guideline minimum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 61.44%: guideline allows 89.99% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $169961.38/23 months PITIA with is greater than 3 month guideline minimum CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 773 is 73 points above minimum program requirement of 700 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Credit | Credit/<br>Mtg<br>History | Active B | CRDCRMH193 | Length of<br>mortgage/<br>rental history<br>in file does<br>not meet<br>guideline<br>requirement | No | Missing VOR<br>and supporting<br>documents for<br>Borrowers'<br>previous<br>residence of<br>$4,300/month<br>to verify<br>0X30X12 for<br>most recent<br>year. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been self-employed for 17 years 3 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has been with the employer for 5 years 9 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-Closing Assets: $87,429.09 - $27,136.44 required PITI reserves = $60,292.65/$9,045.48 PITI = 6.67 additional months reserves. |
| &nbsp;&nbsp;&nbsp;145 | XXXXXX | XXXXXX | VA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 6 years and 3 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 794 is 74 points above program guideline minimum of 720. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 0x30 for 60+ months |
| &nbsp;&nbsp;&nbsp;97 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 52.85; guidelines allow 89.99% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $604,502.39/58 months PITIA reserves with is greater than guideline requirements of 3 months PITIA CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have over 60 months mortgage payment history with 0x30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 782 is 82 points about minimum requirement of 700 per guidelines |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | XXXXXX | AZ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have $1,014,339.50 post closing, or 89.73 months piti reserves CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 27.05%. G/l max is 50% CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have 19.33 years at the current residence CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 770 FICO; minimum required 700. |
| &nbsp;&nbsp;&nbsp;41 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied B | CMPTRID3670 | TRID - Zero<br>tolerance fee<br>or fees<br>increased at or<br>prior to<br>closing<br>without a<br>valid reason<br>or not timely<br>disclosed;<br>refund<br>required<br>within 60<br>days of<br>consummation | No | Need evidence<br>of change of<br>circumstance<br>letter or a copy<br>of a refundable<br>check in the<br>amount of<br>$120.00 for<br>zero tolerance<br>fees.An<br>Appraisal<br>Review Fee<br>was added to<br>the CD dated<br>XXX.Corrected<br>on the PCCD<br>dated XXX.<br>Exception<br>satisfied. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 741 mid score > min required of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 75.21%; guidelines allow 89.99%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 43.08% is below the guideline maximum of 50%. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;79 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 736 mid score > min required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 48%; guidelines allow 80%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 84 months mortgage payment history 0x30. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves of $102,244.61 or 10.31 mo. > 3 mth reserves required. |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 820 is 120 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 30.56% is below the guideline minimum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 51.5%; guidelines allow 89.99%. |
| &nbsp;&nbsp;&nbsp;99 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 10 years and 5 months CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 6 years and 5 months CFCFS1737: LTV below guideline requirements - Clayton Comments: 48.68% LTV below guideline requirements of 89.99% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 783 is 63 points above program guideline minimum of 720. |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: B1 20 years in profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 783 fico score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $217299.15 or 22.11 months of PITI. |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 60.89% LTV below maximum allowed 80% LTV per guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 5.75yrs tenure with current self-employed business CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has 14.083 yrs tenure with current employer CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 Median Credit Score exceeds minimum required score of 720 per guidelines CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: Additional documented income not used in qualifying. B2 Bonus Income: Year End Paystubs $24,624.84+$14,810.45/24=$1643.14 per month |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 780/minimum 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves remaining is $590,870.84 or 71.42 months PITI/ Required reserves 3 months PITI or $24,818 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage history good with no derogatory events |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX | XXXXXX | SC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $124,570.49 - $5,104 AMEX= $119,466.49 or 8.82 months. Required reserves $40,325.13 or 3 months +$5,104 AMEX =$45,429.13 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 72%. Max 89.99% CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession for 18 years |
| &nbsp;&nbsp;&nbsp;118 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets. 3 months reserves required, borrower has 43.93 months reserves. CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 80%, Current LTV 56.14% CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments |
| &nbsp;&nbsp;&nbsp;131 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below guideline maximum of 89.99% CFCFS5269: Minimal use of credit - Clayton Comments: Borrower has very low credit usage of 4.59% with a high trade line amount of $57,900 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.95% is below guideline maximum of 45% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $382,545.73 in post closing reserves, 39 months reserve for subject property. Guidelines require 3 months reserve |
| &nbsp;&nbsp;&nbsp;151 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified credit score 793. Guideline minimum 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is less than the guideline maximum of 89.99% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets of $1,179,711.22 or 107.76 22.05 months PITI exceeds required reserves of $32,841.93. |

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX | XXXXXX | NV | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: The borrower has a Debt to income back ratio of 26.74% which is 23.26% lower than the max debt to income ratio of 50.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 76.39% is below the maximum allowable LTV of 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The borrower middle credit score is 768, which is points 68 higher than the benchmark score of 700. |
| &nbsp;&nbsp;&nbsp;117 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Please<br>provide<br>missing<br>Provide<br>Affiliated<br>Business<br>Disclosure. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job; 15 years CFCFS1736: Significant time at current residence - Clayton Comments: Significant time at current residence; 7 years and 1 month CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.92% LTV below guideline requirements of 89.99% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 797 is 77 points above program guideline minimum of 720. |
| &nbsp;&nbsp;&nbsp;102 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Missing<br>Affiliate<br>Business<br>Disclosure | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 803 mid score > min required of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 78.18%; guidelines allow 89.99%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 46.14% is below the guideline maximum of 50%. |
| &nbsp;&nbsp;&nbsp;114 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: Post close Assets are $418034.10 or 50 months PITI; 3 months PITIA required CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 12.23 is below the guideline minimum of 45% CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 39.86%; Guidelines allow 89.99% |
| &nbsp;&nbsp;&nbsp;164 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: The borrowers have occupied the subject property for 18 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Closing Assets: $67,136.95 - $23,218.07 required reserves per DU Finding - $35,865.45 required reserves per guidelines = $8,053.43/$11,955.15 PITI = 0.67 months additional reserves CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been self-employed for 20 years 3 months. |

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;157 | XXXXXX | XXXXXX | NJ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 798 is 98 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.39% is below the guideline minimum of 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,300,770.20 or 160.65 mos. PITIA. Required reserves $8,096.88 \* 3 months = $24,290.64. |
| &nbsp;&nbsp;&nbsp;136 | XXXXXX | XXXXXX | IL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 752 mid score > min required of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV is 80%; guidelines allow 89.99%. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.67% is below the guideline maximum of 50%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets: $223,323.24 or 35.69 mo PITIA reserves > min required reserves of 3 months |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: B1 has 17 years in same line of work. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 800 exceeds requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,096,187.35 or 105.38 months of PITI. Required PITI Reserves are $10402.13\*3 months = $31,206.39. |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | I could not<br>locate the<br>missing<br>documents.<br>I reviewed<br>on the<br>Disclosure<br>tracking<br>list did not<br>see the<br>Affiliate<br>Business<br>Disclosures<br>on the list. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 15 Years in Current Profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $4,522,725.26 or 515.70 months of PITIAGuidelines require 3 months or $8,770.08 X 3 = $26,310.24 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High Credit 794 Guidelines allow 700 |
| &nbsp;&nbsp;&nbsp;60 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 23.46% is below the guideline minimum of 50%. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $215,006.12/9.6 PITIA which is > guideline minimum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 776 is 76 points above minimum program requirement of 700. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Required<br>Affiliate<br>Business<br>Disclosure<br>missing. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified 783 median FICO. Minimum required 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: Verified 26.15% DTI. Max allowed 50%. |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | XXXXXX | AZ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession - Clayton Comments: 14 years and 0 months at current profession. |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 43.49%; guidelines allow 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 798 is 78 points above minimum program requirement of 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 76 months mortgage payment history 0x30. |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Missing<br>Affiliate<br>Business<br>Disclosure | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 25.57% is below the guideline maximum of 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 806 is 106 points above minimum program requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. |
| &nbsp;&nbsp;&nbsp;55 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Affiliate<br>Business<br>Disclosure<br>missing | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score 746 exceeds required score 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $102,339.05 or 11.47 months of PITI. Required reserves $8,922.24 \* 3 months = $26,766.72. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 5 year at current job |

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Missing<br>Affiliate<br>Business<br>Disclosure | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 788 is 88 points above minimum program requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $255,574 in reserves. $19,903.23 required. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 1x30 for 152 months. |
| &nbsp;&nbsp;&nbsp;46 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: The borrowers occupied the departing residence for 5 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has been with the employer for 5 years 6 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 61.14% and guidelines allow the HCLTV to be 89.99% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-Closing Assets: $688,499.17 - $35,789.46 3-months PITI required reserves = $652,709.71/$11,929.82 PITI = 54.71 additional months reserves. |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | XXXXXX | NJ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Missing<br>Affiliate<br>Business<br>Disclosure | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession over 26 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Closing assets $297,378.64 or 23.40 months PITI reserves. Required reserves $38,117.31 or 3 months CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 64.29%. Max 89.99% |
| &nbsp;&nbsp;&nbsp;63 | XXXXXX | XXXXXX | NV | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 781 is 81 points above minimum program requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self-employed for more than 15 years. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 21.85% verified. Max allowed 50%. |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 7816 is 116 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 36.34% is below the guideline minimum of 50%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $514,716.87 or 54.10 months of PITIA. Required PITIA Reserves are $9,514.03 X 3 = $28,542.09. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX | XXXXXX | MI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied A | CMPTRID5293 | TRID<br>Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>CD | No | Seller fees<br>listed on<br>Seller CD<br>but not<br>Borrower<br>final CD. As<br>the fees are<br>at least<br>reflected<br>there is no<br>material<br>issue. This<br>exception is<br>informational<br>per Clayton<br>Compliance<br>department<br>and TRID<br>2.0 revisions.<br>Exception<br>satisfied.<br>Final<br>Grade A. | (No Data) | (No Data) | Numeric | Not<br>Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 74%; guidelines allow 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 785 is 85 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 23.06% is below the guideline minimum of 50%. |
| &nbsp;&nbsp;&nbsp;124 | XXXXXX | XXXXXX | ME | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 61.65%. Max 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit Score 820. Minimum required 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Closing assets $568,184.45 or 82.66 months PITI reserves. Required $18,87.12 or 3 months |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves verified at $39,239.11. DU requires reserves of $9,672.00 CFCFS2860: Good credit history - Clayton Comments: Credit history is positive over the review period. |
| &nbsp;&nbsp;&nbsp;54 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 754/Maximum 700 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 32.72%/ maximum DTI is 50% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close assets $85,239.64 or 10.82 months PITI. Required reserves $7,878.23 \* 3 months = $23,634.69. |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative credit score 786 exceeds program requirement 720. CFCFS1739: Positive mortgage payment history - Clayton Comments: 0x30 over 24 month history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $156,633.87 or months PITIA. Required reserves $11,237.70 \* 6 months = $67,414.20. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 11 years 3 months in same line of work. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | RI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | State<br>Consumer<br>Protection | Active B | CMPSTCP1297 | RI Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(Home<br>Loan), not<br>in file | No | Provide<br>signed RI<br>Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 671 FICO score is above the 660 min. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.29% DTI is below the 50% max. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $412350 in reserves is above the required $22878. |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | RI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | State<br>Consumer<br>Protection | Active B | CMPSTCP1307 | RI Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(Home<br>Loan), not<br>dated | No | Provide<br>signed &<br>dated RI<br>Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure. | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 671 FICO score is above the 660 min. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.29% DTI is below the 50% max. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $412350 in reserves is above the required $22878. |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | RI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | State<br>Consumer<br>Protection | Active B | CMPSTCP1309 | RI Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(High<br>Cost), not<br>in file | No | Provide<br>signed RI<br>Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(High<br>Cost). | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 671 FICO score is above the 660 min. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.29% DTI is below the 50% max. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $412350 in reserves is above the required $22878. |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | RI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | State<br>Consumer<br>Protection | Active B | CMPSTCP1319 | RI Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(High<br>Cost), not<br>dated | No | Provide<br>signed &<br>Dated RI<br>Home<br>Loan -<br>Prohibited<br>Acts of<br>Lenders<br>and Loan<br>Brokers<br>Disclosure<br>(High<br>Cost). | (No Data) | (No Data) (No<br>Data) | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 671 FICO score is above the 660 min. CFCFS1744: DTI below guideline requirement - Clayton Comments: 42.29% DTI is below the 50% max. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $412350 in reserves is above the required $22878. |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 FICO exceeds minimum 740 CFCFS1739: Positive mortgage payment history - Clayton Comments: 0 x 30 in 77 months |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves Required 3 months, Borrower has 6.2 months Reserves CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 89.99%, Current LTV 80% CFCFS5269: Minimal use of credit - Clayton Comments: Borrower using less than 10% of available credit CFCFS2860: Good credit history - Clayton Comments: Credit shows no history of late payments |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX | XXXXXX | MD | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 72.69%; guidelines allow 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 790 is 90 points above minimum program requirement of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $381188.43/8.6 PITIA which is > guideline minimum. |
| &nbsp;&nbsp;&nbsp;74 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified $302,721.69 in post closing reserves or 46.78 months PITI. Three months reserves required. CFCFS1744: DTI below guideline requirement - Clayton Comments: Verified 25.90% DTI. Max allowed 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified 744 median FICO. Minimum required 700. |
| &nbsp;&nbsp;&nbsp;170 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 15.22 % is below the guideline minimum of 50%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 795 is 95 points above minimum program requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $660,993.56 or 80.47 months of PITIA. Required PITIA Reserves are $8,214.09 X 3 months = $24,642.27. |
| &nbsp;&nbsp;&nbsp;133 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 30.98% is lower than Guidelines 50% maximum. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80% is below Guidelines 89.99% maximum. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves of $83,243.74 exceed required reserves of 3 months x $9,490.90 = $28,427.70 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;108 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 7 years at current job. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score 774 exceeds required score 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $618,817.85 or 72.37 months of PITI. Required reserves $8,550.77 \* 3 months = $25,652.31. |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied A | CMPTRID5293 | TRID<br>Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>CD | No | Not all<br>required<br>seller-<br>paid fees<br>were<br>disclosed<br>on the<br>final CD.<br>Seller's<br>CD in<br>file and<br>able to<br>trace all<br>fees,<br>exception<br>is<br>satisfied. | (No Data) | (No Data) | Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 769 is 69 points above minimum program requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.32% IS below the guideline minimum of 50%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower has 138 months mortgage payment history 0x30. |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 767 FICO score is above the 700 min. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max. CFCFS1744: DTI below guideline requirement - Clayton Comments: 36.50% DTI is below the 50% max. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $298166.22 in reserves are above the required $36812.34 |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | XXX to<br>Order<br>AVM to<br>Support<br>value of<br>XXX.<br>CU score<br>is 3.2 | 11/26/2025:<br>Received<br>AVM<br>supporting<br>value. | 11/26/2025:<br>Exception<br>satisfied. | (No<br>Data) | Not<br>Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: 56.0% LTV for Subject Property is below guideline max LTV of 89.99% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median Fico Score 757 > 57 points of minimum guideline requirements of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has significant time at current job, 5 years and 0 months. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 32.86% is above the minimum program requirements of 45% |
| &nbsp;&nbsp;&nbsp;90 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 740 is 40 points above minimum program requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $228,487.75/20.39 PITIA which is > guideline minimum. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;129 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 59.41%; guidelines allow 89.99% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 796 mid score > min required of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets: $1,920,804.07 (145.54 months PITIA reserves) > min required reserves of 3 months PITIA |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX | XXXXXX | CT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 25.18%/maximum is 50% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 780/minimum 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 75.55%/maximum is 89.99% |
| &nbsp;&nbsp;&nbsp;121 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score of 808 exceeds min score requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with employer in the past: 15 years. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Co-Borrower has been with employer in the past: 19 years. |
| &nbsp;&nbsp;&nbsp;130 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: post closing assets: $103,440.32 CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.49% LTV CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 774 rep score; minimum 720 |
| &nbsp;&nbsp;&nbsp;45 | XXXXXX | XXXXXX | MA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 780 is 80 points above minimum program requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self-employed more than 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $2,458,576.16 or 346.43 months of PITI. Required PITI Reserves $7, 0976.98 \* 3 months = $21,290.94. |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX | XXXXXX | WI | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | TILA/<br>RESPA<br>Integrated<br>Disclosure | Satisfied B | CMPTRID3966 | TRID -<br>CD: The<br>Will Not<br>Have an<br>Escrow<br>Account in<br>the CD<br>Loan<br>Disclosures<br>section is<br>selected<br>and both or<br>neither of<br>You<br>declined it<br>and/or<br>Your<br>lender does<br>not offer<br>one are<br>selected | No | CD's dated XXX<br>and XXX- Loan<br>Disclosures-<br>Escrow Account-<br>neither of You<br>declined it and/or<br>Your lender does<br>not offer one are<br>selectedCorrected<br>on the PCCD<br>dated XXX.<br>Exception<br>satisfied. | (No Data) | (No Data) | Non-Numeric | Not<br>Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The borrowers lower middle credit score is 783, which is points 83 higher than the benchmark score of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: The borrowers have a Debt to income back ratio of 36.27% which is 13.73% lower than the max debt to income ratio of 50.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments: The loan-to-value (LTV) ratio is 70.00%, which is 19.99% below the maximum allowable LTV of 89.99%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The primary borrower has been employed with his current employer for over 32 years, which is significantly longer than the typical employment duration. |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 80 is below guideline requirement max of 89.99. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves of $116,672.62 or 12.43 months PITI reserve exceeds required reserves of ($9,384.81 x 3 = $28,154.43). CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 795 exceeds guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 29.17 is below guideline requirements. |
| &nbsp;&nbsp;&nbsp;137 | XXXXXX | XXXXXX | UT | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) B A | Compliance | RESPA | Active B | CMPRESPA863 | RESPA:<br>Required<br>Affiliate<br>Business<br>Disclosure<br>missing | No | Affiliate<br>Business<br>Disclosure<br>missing | (No Data) | (No Data) | (No Data) | Not<br>Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves required 3 months , borrower has 19.69 months reserves CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 89.99%, Current LTV 80% |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: High Credit 776 Guidelines allow 700. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 11 Years at Current Residence. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 18 Years in Current Profession. |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 803 mid score > min required of 720. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 41.91% is below the guideline maximum of 50%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 178 months. |

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;119 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been working for the same employer for 10 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets of $207,979.90 or 26.71 months PITI reserves are greater than the required 3 months reserves of $23,352.49. |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 789 mid score > min required of 740. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 16.07% is below the guideline maximum of 50%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Borrower has 0x30 for 305 months. |
| &nbsp;&nbsp;&nbsp;120 | XXXXXX | XXXXXX | NC | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $872,032.34 or 97.24 months of PITI. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self-employed for more than 19 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 75%; guidelines allow 89.99%. |
| &nbsp;&nbsp;&nbsp;69 | XXXXXX | XXXXXX | MD | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.49% LTV is below guideline maximum of 80% for loans with DTI over 45% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 767 Credit score is 47 points above guideline minimum score of 720 CFCFS1744: DTI below guideline requirement - Clayton Comments: 46.59% DTI is below guideline requirement of 50% |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been at current place of employment for 13 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying fico is 804 |

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has been with the employer for 10 years 6 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has been self-employed for 13 years 4 months. CFCFS1737: LTV below guideline requirements - Clayton Comments: The HCLTV is 59.64% and guidelines allow the HCLTV to be 89.99% |
| &nbsp;&nbsp;&nbsp;28 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of759 is above the required 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 74.68 is below the maximum allowable of 89.99 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets: $439,037.22 or 63.45 months of PITI. Three months required. |
| &nbsp;&nbsp;&nbsp;167 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence - Clayton Comments: 19 Years and 0 months at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves 303467.38 |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX | XXXXXX | TN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 795 is 155 points above minimum program requirement of 640. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 22.30% is below the guideline maximum of 50%. |
| &nbsp;&nbsp;&nbsp;169 | XXXXXX | XXXXXX | CO | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Borrower credit score of 788 exceeds min score requirement of 700. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in this line of work in the past: 22 years. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence for the past: 9 years. |

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;103 | XXXXXX | XXXXXX | NV | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Three months Reserves required, Borrower has 6.19 months Reserves. CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 89.99%, Current LTV 72.82% |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX | XXXXXX | TX | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 766 is 66 points above minimum program requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer for more than 12 years. |
| &nbsp;&nbsp;&nbsp;146 | XXXXXX | XXXXXX | GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 771 FICO score is above the 700 min. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $622,160 in reserves are above the required $21,453.73. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: No mortgage history was required but the borrowers have 4 years on their current loan. |
| &nbsp;&nbsp;&nbsp;141 | XXXXXX | XXXXXX | AZ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets are $1,125,709.49 - Required funds to close are $502,244.60; Reserves required $39,494.34; remaining reserves $583,970 or 44 months PITI CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 799. minimum credit score is 720. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history good with no derogatory events |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX | XXXXXX | NJ | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: 3 months reserves required , borrower has 16.52 months reserves. CFCFS1739: Positive mortgage payment history - Clayton Comments: Credit report shows no history of late payments CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 months payment history required, credit reports 63 months CFCFS1737: LTV below guideline requirements - Clayton Comments: Maximum LTV 80%, current LTV 75% |

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **State** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Condition**<br> **Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;140 | XXXXXX | XXXXXX | MN | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) D A | Property<br>Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing<br>updated<br>valuation | No | CU/<br>LCA<br>score<br>is ><br>2.5.<br>XXX<br>to<br>order<br>AVM. | 11/26/2025:<br>Received<br>AVM<br>supporting<br>value. | 11/26/2025:<br>Exception<br>satisfied. (No<br>Data) | Not<br>Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves Required 3 months, Borrower has 10.21 months reserves. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 12 month payment history required, credit reports over 68 months. CFCFS2860: Good credit history - Clayton Comments: Borrower has no history of late payments. |
| &nbsp;&nbsp;&nbsp;148 | XXXXXX | XXXXXX | WA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: credit score is 797/ Minimum credit score is 700 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Good mortgage payment history with no derogatory events. Reports 50 mos. 0x30, 47 mos. 0x30, 58 mos. 0x30 and 24 mos. 0x30. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets $912,625.37 or 146.15 mos. PITI. Required reserves $6,244.49 \* 3 months = $18,733.47. |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 774/ maximum is 700 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 73.68/maximum is 88.99 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets are $892,239.41 - Required funds to close are $460,162.59; 3 months PITI reserves or $33,190.02 required; remaining reserves $398,886 or 45 months PITI |
| &nbsp;&nbsp;&nbsp;150 | XXXXXX | XXXXXX | FL | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: The borrowers middle credit score is 739, which is points 19 higher than the benchmark score of 720. CFCFS1744: DTI below guideline requirement - Clayton Comments: The borrowers have a Debt to income back ratio of 15.56% which is 34.44% lower than the max debt to income ratio of 50.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The primary borrower has been employed in current job for 14 years, which is significantly longer than the typical employment duration. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: The co-borrower has been employed in current job for 14 years, which is significantly longer than the typical employment duration. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $13,179.48 x 3 = $39,538.44 required reservesPost close reserves $1,688,476.46 |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX | XXXXXX | CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV for Subject Property is below guideline max LTV of 89.99% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median Fico Score 808 > 108 points of minimum guideline requirements of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 35.77% is above the minimum program requirements of 45% |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Original<br>Principal<br>Balance** | **Initial<br>Lender<br>ATR/<br>QM<br>Status** | **Loan<br>Level<br>ATR/<br>QM<br>Status** | **Condition<br>Category** | **Condition<br>Sub<br>Category** | **Condition<br>Status** | **Initial<br>Securitization<br>Condition<br>Grade** | **Final<br>Securitization<br>Condition<br>Grade** | **Initial<br>S&P<br>Condition<br>Grade** | **Final<br>S&P<br>Condition<br>Grade** | **Condition<br>Code** | **Condition<br>Description** | **Condition<br>Material<br>Indicator** | **Initial<br>Comments** | **Client/<br>Seller<br>Response<br>Comments** | **Conclusion<br>Comments** | **TRID<br>Error<br>Type** | **Cure<br>Method** | **Compensating<br>Factors** |
| &nbsp;&nbsp;&nbsp;127 | XXXXXX | XXXXXX CA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 47.04% is below Guidelines 50% maximum CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 63.73% is below Guidelines 89.99% maximum. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer for over 10 years. |
| &nbsp;&nbsp;&nbsp;125 | XXXXXX | XXXXXX GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) A |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $3,411,500 (461.23 months PITIA reserves) > min required of 3 months CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 800 mid score > min required of 700 CFCFS2860: Good credit history - Clayton Comments: B1 and B2 consumer debt histories: 0x30 x greater than 99 months |
| &nbsp;&nbsp;&nbsp;147 | XXXXXX | XXXXXX GA | QM:<br>Safe<br>Harbor<br>(APOR) | QM:<br>Safe<br>Harbor<br>(APOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified post closing reserves $191,565.65, 26.68 months PITI CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has worked for the same employer over 20 years. |

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| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC PMTLT 2025-J5_J16421** |

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**Conditions Report 2.0** 

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| | |
|:---|:---|
| ***Loans in Report:*** | *144* |
| ***Loans with Conditions:*** | *34* |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender<br>Acknowledge<br>Exception at<br>Origination** |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | XXXXXX C B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | XXXXXX D A C | No |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | XXXXXX D A | No |
| &nbsp;&nbsp;&nbsp;377 | XXXXXX | XXXXXX | XXXXXX D A C | Not Applicable |
| &nbsp;&nbsp;&nbsp;1 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX | XXXXXX | XXXXXX D A | Not Applicable |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;86 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;23 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;82 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;84 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;77 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;5 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;34 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;29 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;85 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;154 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;93 | XXXXXX | XXXXXX | XXXXXX D A | Not Applicable |
| &nbsp;&nbsp;&nbsp;58 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender<br>Acknowledge<br>Exception at<br>Origination** |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;100 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;78 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;159 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;80 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;27 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;163 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;39 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;96 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;13 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;6 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;17 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;10 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;62 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;22 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;83 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;106 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;88 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;116 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;18 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;111 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;57 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender<br>Acknowledge<br>Exception at<br>Origination** |
| &nbsp;&nbsp;&nbsp;145 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;97 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;41 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;79 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;99 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;118 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;131 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;151 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;117 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;102 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;114 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;164 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;157 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;136 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;60 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;55 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;46 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender<br>Acknowledge<br>Exception at<br>Origination** |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;63 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;124 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;54 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;74 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;170 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;133 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;108 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX | XXXXXX | XXXXXX D A | No |
| &nbsp;&nbsp;&nbsp;90 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;129 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;121 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;130 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;45 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX | XXXXXX | XXXXXX B A | Not Applicable |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;137 | XXXXXX | XXXXXX | XXXXXX B A | No |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;119 | XXXXXX | XXXXXX | XXXXXX A | No |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **Did Lender<br>Acknowledge<br>Exception at<br>Origination** |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;120 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;69 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;28 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;167 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;169 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;103 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;146 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;141 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;140 | XXXXXX | XXXXXX | XXXXXX D A | No |
| &nbsp;&nbsp;&nbsp;148 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;150 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;127 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |
| &nbsp;&nbsp;&nbsp;125 | XXXXXX | XXXXXX | XXXXXX A | No |
| &nbsp;&nbsp;&nbsp;147 | XXXXXX | XXXXXX | XXXXXX A | Not Applicable |

---

## Exhibit 99.3

**EXHIBIT 99.3** 

**CLAYTON RATING AGENCY ATR QM DATA FIELDS** 

------

---

| | |
|:---|:---|
| **Client Name:** | **PennyMac** |
| **Client Project Name:** | **PNMAC PMTLT 2025-J5_J16421** |
| **Rating Agency ATR QM Data Fields** | **Rating Agency ATR QM Data Fields** |
| *Loans in Report:* | *144* |

---

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal<br>ID** | **Loan<br>Number** | **Loan Level<br>ATR/QM<br>Status** | **Application<br>Date Prior<br>to 1/10/2014** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **GSE<br>Eligible** | **QRM<br>Flag** | **ATR/QM<br>Total<br>Points<br>and Fees** | **Rate<br>Lock<br>Date** | **APR** | **Bwr 1<br>Employment<br>Indicator** | **Bwr 2<br>Employment<br>Indicator** | **Bwr 1<br>Foreign National<br>Indicator** | **Bwr 2 Foreign<br>National<br>Indicator** | **Borrowers<br>Qualified<br>Through a<br>Non-Resident<br>Alien<br>Program** | **Residual<br>Income<br>Analysis in<br>File** | **ATR/<br>QM<br>Residual<br>Income** |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1239 | XXXXXX | 7.222 | Retired | Retired | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 10020.95 | XXXXXX | 6.6116 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 424 | XXXXXX | 6.6312 | Employed | Unemployed | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;377 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 3848.96 | XXXXXX | 7.0339 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;1 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1195 | XXXXXX | 6.5193 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2570 | XXXXXX | 5.2626 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 995 | XXXXXX | 6.5143 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;86 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1900 | XXXXXX | 6.4077 | Employed | Employed | U.S. Citizen | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1855 | XXXXXX | 6.2574 | Retired | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;23 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1350 | XXXXXX | 6.6346 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1499 | XXXXXX | 6.3844 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1570 | XXXXXX | 6.5493 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;82 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 165 | XXXXXX | 6.2312 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;84 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1950 | XXXXXX | 6.6562 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;77 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 11401.68 | XXXXXX | 6.5875 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1995 | XXXXXX | 6.4547 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 13363 | XXXXXX | 7.3816 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;5 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1690 | XXXXXX | 6.5291 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 950 | XXXXXX | 7.0168 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;34 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1395 | XXXXXX | 6.9012 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;29 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 0 | XXXXXX | 6.5022 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1570 | XXXXXX | 6.2984 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;85 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1595 | XXXXXX | 6.7738 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 4169.36 | XXXXXX | 7.2873 | Employed | Retired | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2190 | XXXXXX | 6.7777 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;32 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1295 | XXXXXX | 6.4179 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1749 | XXXXXX | 6.6662 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;154 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1420 | XXXXXX | 6.5273 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;93 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 8678.8 | XXXXXX | 6.5535 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;58 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1995 | XXXXXX | 6.777 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2690 | XXXXXX | 6.6386 | Employed | Employed | Non-Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;100 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1695 | XXXXXX | 6.1692 | Employed | Employed | Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;78 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 3055 | XXXXXX | 6.9067 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;159 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1683 | XXXXXX | 6.7718 | Employed | Employed | Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;80 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 2280 | XXXXXX | 6.5247 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 15077.4 | XXXXXX | 6.3815 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1250 | XXXXXX | 6.3906 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;27 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1350 | XXXXXX | 6.1347 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;163 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 08/26/2025 | No | Yes | 8000 | XXXXXX | 6.3064 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 8153.75 | XXXXXX | 6.727 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;39 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 875 | XXXXXX | 6.9127 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;96 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 0 | XXXXXX | 7.3359 | Employed | Employed | Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 10990 | XXXXXX | 6.8096 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | Yes | 0 |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1495 | XXXXXX | 6.8868 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |

---

------

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Loan Level<br>ATR/<br>QM Status** | **Application<br>Date Prior<br>to 1/10/2014** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **GSE<br>Eligible** | **QRM<br>Flag** | **ATR/QM<br>Total<br>Points<br>and Fees** | **Rate<br>Lock<br>Date** | **APR** | **Bwr 1<br>Employment<br>Indicator** | **Bwr 2<br>Employment<br>Indicator** | **Bwr 1<br>Foreign National<br>Indicator** | **Bwr 2 Foreign<br>National<br>Indicator** | **Borrowers<br>Qualified<br>Through a<br>Non-Resident<br>Alien<br>Program** | **Residual<br>Income<br>Analysis in<br>File** | **ATR/<br>QM<br>Residual<br>Income** |
| &nbsp;&nbsp;&nbsp;13 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 14930.53 | XXXXXX | 6.2308 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;8 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2965 | XXXXXX | 6.7834 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;6 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 9410 | XXXXXX | 6.7053 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;17 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 6590 | XXXXXX | 6.5681 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;10 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 100 | XXXXXX | 6.2586 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;62 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1580 | XXXXXX | 6.7811 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;22 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2734 | XXXXXX | 6.2691 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | Yes | 10589.18 |
| &nbsp;&nbsp;&nbsp;83 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 6128.85 | XXXXXX | 6.2916 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;106 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1720 | XXXXXX | 6.4194 | Retired | Retired | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;88 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 08/29/2025 | No | Yes | 19140 | XXXXXX | 6.8048 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;116 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1602.5 | XXXXXX | 6.3179 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;18 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 0 | XXXXXX | 6.5157 | Retired | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1350 | XXXXXX | 6.6426 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;111 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1 | XXXXXX | 6.0197 | Employed | (No Data) | Non-Permanent Resident Alien | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;57 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1595 | XXXXXX | 6.4001 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1499 | XXXXXX | 6.1416 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;145 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 33115 | XXXXXX | 6.7201 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;97 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 09/02/2025 | No | Yes | 2515 | XXXXXX | 6.1655 | Employed | Employed | U.S. Citizen | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1735 | XXXXXX | 6.7791 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;41 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2500.72 | XXXXXX | 6.7811 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;79 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1890 | XXXXXX | 6.6454 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1395 | XXXXXX | 5.7673 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;99 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 795 | XXXXXX | 6.0095 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1195 | XXXXXX | 6.7632 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 4369.4 | XXXXXX | 6.2827 | Employed | Employed | Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 21895 | XXXXXX | 7.0983 | Retired | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1750 | XXXXXX | 6.7608 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;118 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1195 | XXXXXX | 6.2636 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;131 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1570 | XXXXXX | 6.4168 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;151 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1695 | XXXXXX | 6.5182 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2145 | XXXXXX | 6.9661 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;117 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 4899.28 | XXXXXX | 5.9882 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;102 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1720 | XXXXXX | 6.6451 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;114 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1690 | XXXXXX | 6.5239 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;164 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1380.4 | XXXXXX | 6.1334 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | Yes | 13689.24 |
| &nbsp;&nbsp;&nbsp;157 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1895 | XXXXXX | 6.2681 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;136 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1570 | XXXXXX | 6.5459 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 11801 | XXXXXX | 6.2311 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 700 | XXXXXX | 6.5095 | Employed | Unemployed | Permanent Resident Alien | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;60 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1595 | XXXXXX | 6.65 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;48 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1499 | XXXXXX | 6.2758 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1980 | XXXXXX | 6.2623 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 2815 | XXXXXX | 6.161 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 10180.95 | XXXXXX | 6.2786 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;55 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 09/09/2025 | Yes | Yes | 12107 | XXXXXX | 6.6161 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 07/29/2025 | No | Yes | 8394.26 | XXXXXX | 6.1092 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;46 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1745 | XXXXXX | 6.3932 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | Yes | 5169.62 |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1395 | XXXXXX | 6.1355 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;63 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 125 | XXXXXX | 6.1378 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;64 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1900 | XXXXXX | 6.1514 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1419 | XXXXXX | 6.3895 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;124 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1990 | XXXXXX | 6.6766 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 11092.28 | XXXXXX | 7.0994 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;54 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1595 | XXXXXX | 6.2023 | Employed | Employed | Non-Permanent Resident Alien | Non-Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;144 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1939 | XXXXXX | 7.2463 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |

---

------

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Loan Level<br>ATR/<br>QM Status** | **Application<br>Date Prior<br>to 1/10/2014** | **Lender<br>Application<br>Date** | **Broker<br>Application<br>Date** | **GSE<br>Eligible** | **QRM<br>Flag** | **ATR/QM<br>Total<br>Points<br>and Fees** | **Rate<br>Lock<br>Date** | **APR** | **Bwr 1<br>Employment<br>Indicator** | **Bwr 2<br>Employment<br>Indicator** | **Bwr 1<br>Foreign National<br>Indicator** | **Bwr 2 Foreign<br>National<br>Indicator** | **Borrowers<br>Qualified<br>Through a<br>Non-Resident<br>Alien<br>Program** | **Residual<br>Income<br>Analysis in<br>File** | **ATR/<br>QM<br>Residual<br>Income** |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1673.62 | XXXXXX | 6.548 | Retired | Retired | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 8467.13 | XXXXXX | 6.281 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1995 | XXXXXX | 6.4819 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1270 | XXXXXX | 6.8852 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;74 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1699 | XXXXXX | 6.1535 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;170 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 15500 | XXXXXX | 6.2659 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;133 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2094 | XXXXXX | 6.6738 | Employed | Employed | U.S. Citizen | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;108 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1625 | XXXXXX | 6.2198 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 7084.28 | XXXXXX | 6.9563 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2217 | XXXXXX | 6.9006 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1450 | XXXXXX | 6.1392 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;90 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 8495 | XXXXXX | 6.6858 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;129 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 0 | XXXXXX | 6.5967 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1460 | XXXXXX | 6.4134 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;121 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1625 | XXXXXX | 6.1899 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;130 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1845 | XXXXXX | 6.3921 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;45 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1995 | XXXXXX | 6.7979 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1497 | XXXXXX | 6.5163 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 12596.18 | XXXXXX | 6.8345 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;137 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 10800 | XXXXXX | 7.2787 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1990 | XXXXXX | 6.8963 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 0 | XXXXXX | 6.2527 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;119 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1625 | XXXXXX | 6.2142 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1827 | XXXXXX | 6.3856 | Employed | Unemployed | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;120 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 995 | XXXXXX | 6.6421 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;69 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 2530 | XXXXXX | 6.5126 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1615 | XXXXXX | 6.6393 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1355 | XXXXXX | 6.6405 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;28 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | 09/04/2025 | Yes | Yes | 7730.9 | XXXXXX | 6.39 | Employed | Employed | U.S. Citizen | Permanent Resident Alien | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;167 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1090 | XXXXXX | 6.5157 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1350 | XXXXXX | 6.5204 | Unemployed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;169 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1490 | XXXXXX | 5.9252 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;103 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 15037.98 | XXXXXX | 6.9192 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 9353.65 | XXXXXX | 6.5138 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;146 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 6590 | XXXXXX | 6.4436 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;141 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1615 | XXXXXX | 6.3919 | Retired | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1595 | XXXXXX | 6.785 | Employed | Unemployed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;140 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1950 | XXXXXX | 6.7589 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;148 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1990 | XXXXXX | 6.0353 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1075 | XXXXXX | 6.4416 | Employed | (No Data) | U.S. Citizen | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;150 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1420 | XXXXXX | 6.6393 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 1690 | XXXXXX | 6.425 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;127 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | Yes | Yes | 73.55 | XXXXXX | 6.5068 | Employed | (No Data) | Permanent Resident Alien | (No Data) | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;125 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 1476 | XXXXXX | 6.2758 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |
| &nbsp;&nbsp;&nbsp;147 | XXXXXX | QM: Safe Harbor (APOR) | No | XXXXXX | Not Applicable | No | Yes | 11005 | XXXXXX | 6.3717 | Employed | Employed | U.S. Citizen | U.S. Citizen | (No Data) | No | 0 |

---

<sup>©</sup>2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

## Exhibit 99.4

**EXHIBIT 99.4** 

**CLAYTON LOAN LEVEL TAPE COMPARE UPLOAD** 

------

---

| | |
|:---|:---|
| **Client Name:** | PennyMac |
| **Client Project Name:** | PNMAC PMTLT 2025-J5_J16421 |
| **Loan Level Tape Compare Upload** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Borrower<br>Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| &nbsp;&nbsp;&nbsp;1 | XXXXXX | XXXXXX | Borrower 1 Total Income | 31826.37 | 44619.42 |
| &nbsp;&nbsp;&nbsp;1 | XXXXXX | XXXXXX | Cash Reserves | 1290365.78 | 846133.37 |
| &nbsp;&nbsp;&nbsp;56 | XXXXXX | XXXXXX | Cash Reserves | 2268149.55 | 657986.21 |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | Borrower 1 Total Income | 19026.02 | 36213.59 |
| &nbsp;&nbsp;&nbsp;75 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;86 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;86 | XXXXXX | XXXXXX | Borrower 1 Total Income | 12541.11 | 19492.55 |
| &nbsp;&nbsp;&nbsp;81 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;23 | XXXXXX | XXXXXX | Borrower 1 Total Income | 41667.00 | 55864.82 |
| &nbsp;&nbsp;&nbsp;23 | XXXXXX | XXXXXX | Cash Reserves | 652642.98 | 198705.03 |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | XXXXXX | Borrower 1 Total Income | 5000.00 | 96370.41 |
| &nbsp;&nbsp;&nbsp;3 | XXXXXX | XXXXXX | Cash Reserves | 1582763.93 | 745249.30 |
| &nbsp;&nbsp;&nbsp;168 | XXXXXX | XXXXXX | Cash Reserves | 479109.64 | 296942.14 |
| &nbsp;&nbsp;&nbsp;82 | XXXXXX | XXXXXX | Cash Reserves | 978856.43 | 362953.37 |
| &nbsp;&nbsp;&nbsp;84 | XXXXXX | XXXXXX | Cash Reserves | 381037.37 | 276935.46 |
| &nbsp;&nbsp;&nbsp;77 | XXXXXX | XXXXXX | Cash Reserves | 572065.53 | 225681.24 |
| &nbsp;&nbsp;&nbsp;15 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | XXXXXX | Borrower 1 Total Income | 14245.00 | 25417.98 |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | XXXXXX | Cash Reserves | 561966.77 | 780339.64 |
| &nbsp;&nbsp;&nbsp;105 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | XXXXXX | Cash Reserves | 399556.74 | 70459.43 |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | XXXXXX | Credit Report Date | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;68 | XXXXXX | XXXXXX | Debt to Income Ratio (Back) | 20.3090 | 25.3916 |
| &nbsp;&nbsp;&nbsp;34 | XXXXXX | XXXXXX | Cash Reserves | 460562.00 | 77527.70 |
| &nbsp;&nbsp;&nbsp;29 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | XXXXXX | Borrower 1 Total Income | 20833.33 | 39583.34 |
| &nbsp;&nbsp;&nbsp;173 | XXXXXX | XXXXXX | Cash Reserves | 1323883.49 | 337339.25 |
| &nbsp;&nbsp;&nbsp;85 | XXXXXX | XXXXXX | Cash Reserves | 528438.00 | 186166.40 |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX | XXXXXX | Cash Reserves | 68267.57 | 169828.77 |
| &nbsp;&nbsp;&nbsp;7 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX | XXXXXX | Borrower 1 Total Income | 5208.34 | 96426.14 |
| &nbsp;&nbsp;&nbsp;30 | XXXXXX | XXXXXX | Cash Reserves | 1656716.94 | 1066716.94 |
| &nbsp;&nbsp;&nbsp;31 | XXXXXX | XXXXXX | Cash Reserves | 269361.38 | 128466.03 |
| &nbsp;&nbsp;&nbsp;154 | XXXXXX | XXXXXX | Cash Reserves | 597822.47 | 85180.10 |
| &nbsp;&nbsp;&nbsp;93 | XXXXXX | XXXXXX | Cash Reserves | 640275.60 | 333420.89 |
| &nbsp;&nbsp;&nbsp;58 | XXXXXX | XXXXXX | Cash Reserves | 44737.04 | 32564.11 |
| &nbsp;&nbsp;&nbsp;58 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;95 | XXXXXX | XXXXXX | Cash Reserves | 410543.89 | 77459.06 |
| &nbsp;&nbsp;&nbsp;100 | XXXXXX | XXXXXX | Cash Reserves | 705314.93 | 66925.12 |
| &nbsp;&nbsp;&nbsp;100 | XXXXXX | XXXXXX | Credit Report Date | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;78 | XXXXXX | XXXXXX | Borrower 1 Total Income | 12000.00 | 31000.00 |
| &nbsp;&nbsp;&nbsp;78 | XXXXXX | XXXXXX | Cash Reserves | 1915128.69 | 240263.39 |
| &nbsp;&nbsp;&nbsp;159 | XXXXXX | XXXXXX | Cash Reserves | 50749.00 | 92055.00 |
| &nbsp;&nbsp;&nbsp;159 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;80 | XXXXXX | XXXXXX | Cash Reserves | 487889.06 | 739376.95 |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | Borrower 1 Total Income | 47916.68 | 62090.59 |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | Cash Reserves | 763937.00 | 466876.01 |
| &nbsp;&nbsp;&nbsp;9 | XXXXXX | XXXXXX | Property Type | Low Rise Condo (1-4) | High Rise Condo (9+) |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Borrower<br>Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | XXXXXX | Borrower 1 Total Income | 15001.09 | 25584.07 |
| &nbsp;&nbsp;&nbsp;38 | XXXXXX | XXXXXX | Cash Reserves | 539673.85 | 164478.85 |
| &nbsp;&nbsp;&nbsp;27 | XXXXXX | XXXXXX | Cash Reserves | 1849899.00 | 281576.04 |
| &nbsp;&nbsp;&nbsp;163 | XXXXXX | XXXXXX | Cash Reserves | 4040133.18 | 2753364.16 |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | XXXXXX | Cash Reserves | 3482.59 | 29203.11 |
| &nbsp;&nbsp;&nbsp;52 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;96 | XXXXXX | XXXXXX | Cash Reserves | 1067097.61 | 135976.00 |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | XXXXXX | Cash Reserves | 1164005.50 | 660614.91 |
| &nbsp;&nbsp;&nbsp;19 | XXXXXX | XXXXXX | Property Type | Rowhouse | Low Rise Condo (1-4) |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;110 | XXXXXX | XXXXXX | Cash Reserves | 1638996.33 | 221877.39 |
| &nbsp;&nbsp;&nbsp;13 | XXXXXX | XXXXXX | Cash Reserves | 895136.34 | 5802200.20 |
| &nbsp;&nbsp;&nbsp;13 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;6 | XXXXXX | XXXXXX | Cash Reserves | 227352.95 | 31645.81 |
| &nbsp;&nbsp;&nbsp;6 | XXXXXX | XXXXXX | Debt to Income Ratio (Back) | 36.0290 | 30.6174 |
| &nbsp;&nbsp;&nbsp;17 | XXXXXX | XXXXXX | Cash Reserves | 720916.00 | 123432.77 |
| &nbsp;&nbsp;&nbsp;10 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;62 | XXXXXX | XXXXXX | Cash Reserves | 408105.64 | 162274.58 |
| &nbsp;&nbsp;&nbsp;22 | XXXXXX | XXXXXX | Cash Reserves | 453637.50 | 304037.56 |
| &nbsp;&nbsp;&nbsp;22 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;83 | XXXXXX | XXXXXX | Cash Reserves | 350202.11 | 78029.28 |
| &nbsp;&nbsp;&nbsp;88 | XXXXXX | XXXXXX | Cash Reserves | 558776.91 | 230537.30 |
| &nbsp;&nbsp;&nbsp;116 | XXXXXX | XXXXXX | Borrower 1 Total Income | 9563.57 | 28750.41 |
| &nbsp;&nbsp;&nbsp;116 | XXXXXX | XXXXXX | Cash Reserves | 368415.60 | 63135.79 |
| &nbsp;&nbsp;&nbsp;18 | XXXXXX | XXXXXX | Cash Reserves | 1951097.67 | 796764.13 |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | XXXXXX | Borrower 1 Total Income | 16666.66 | 28666.66 |
| &nbsp;&nbsp;&nbsp;67 | XXXXXX | XXXXXX | Cash Reserves | 1507607.43 | 1106949.95 |
| &nbsp;&nbsp;&nbsp;111 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;111 | XXXXXX | XXXXXX | Cash Reserves | 391359.48 | 39775.49 |
| &nbsp;&nbsp;&nbsp;57 | XXXXXX | XXXXXX | Cash Reserves | 644150.06 | 169961.38 |
| &nbsp;&nbsp;&nbsp;126 | XXXXXX | XXXXXX | Cash Reserves | 596380.46 | 160429.09 |
| &nbsp;&nbsp;&nbsp;97 | XXXXXX | XXXXXX | Cash Reserves | 1408832.40 | 379815.39 |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | XXXXXX | Borrower 1 Total Income | 9516.68 | 24864.59 |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | XXXXXX | Credit Report Date | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;35 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;41 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;79 | XXXXXX | XXXXXX | Borrower 1 Total Income | 5250.00 | 11331.59 |
| &nbsp;&nbsp;&nbsp;25 | XXXXXX | XXXXXX | Cash Reserves | 784958.52 | 261935.23 |
| &nbsp;&nbsp;&nbsp;99 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | XXXXXX | Borrower 1 Total Income | 20272.50 | 30728.23 |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | XXXXXX | Cash Reserves | 668356.62 | 217299.15 |
| &nbsp;&nbsp;&nbsp;37 | XXXXXX | XXXXXX | Debt to Income Ratio (Back) | 40.7280 | 37.1126 |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | XXXXXX | Debt to Income Ratio (Back) | 49.2500 | 42.6518 |
| &nbsp;&nbsp;&nbsp;104 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | XXXXXX | Cash Reserves | 851825.82 | 590870.84 |
| &nbsp;&nbsp;&nbsp;43 | XXXXXX | XXXXXX | Original Appraised Value | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX | XXXXXX | Cash Reserves | 81981.34 | 124570.49 |
| &nbsp;&nbsp;&nbsp;171 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;118 | XXXXXX | XXXXXX | Borrower 2 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;118 | XXXXXX | XXXXXX | Cash Reserves | 1345162.00 | 480723.73 |
| &nbsp;&nbsp;&nbsp;131 | XXXXXX | XXXXXX | Borrower 1 Total Income | 16666.66 | 41666.66 |
| &nbsp;&nbsp;&nbsp;131 | XXXXXX | XXXXXX | Cash Reserves | 626718.27 | 382545.73 |
| &nbsp;&nbsp;&nbsp;12 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;117 | XXXXXX | XXXXXX | Cash Reserves | 1075904.64 | 230035.67 |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Borrower<br>Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| &nbsp;&nbsp;&nbsp;102 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;114 | XXXXXX | XXXXXX | Cash Reserves | 1932832.53 | 418034.10 |
| &nbsp;&nbsp;&nbsp;164 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Construction/Perm |
| &nbsp;&nbsp;&nbsp;157 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;136 | XXXXXX | XXXXXX | Cash Reserves | 417593.23 | 223323.24 |
| &nbsp;&nbsp;&nbsp;91 | XXXXXX | XXXXXX | Cash Reserves | 2293671.09 | 1096187.35 |
| &nbsp;&nbsp;&nbsp;128 | XXXXXX | XXXXXX | Borrower 1 Total Income | 30642.52 | 50809.94 |
| &nbsp;&nbsp;&nbsp;60 | XXXXXX | XXXXXX | Cash Reserves | 426579.87 | 214956.12 |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;71 | XXXXXX | XXXXXX | Original Appraisal Date | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;98 | XXXXXX | XXXXXX | Cash Reserves | 1054540.62 | 373176.73 |
| &nbsp;&nbsp;&nbsp;89 | XXXXXX | XXXXXX | Cash Reserves | 535537.72 | 294770.85 |
| &nbsp;&nbsp;&nbsp;55 | XXXXXX | XXXXXX | Cash Reserves | 156938.08 | 102339.05 |
| &nbsp;&nbsp;&nbsp;55 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX | XXXXXX | Borrower 1 Total Income | 15746.30 | 20791.19 |
| &nbsp;&nbsp;&nbsp;76 | XXXXXX | XXXXXX | Cash Reserves | 501172.48 | 177840.69 |
| &nbsp;&nbsp;&nbsp;46 | XXXXXX | XXXXXX | Cash Reserves | 1228591.56 | 601533.17 |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | XXXXXX | Borrower 1 Total Income | 25000.00 | 58333.33 |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;70 | XXXXXX | XXXXXX | Property City | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;63 | XXXXXX | XXXXXX | Cash Reserves | 933713.31 | 597045.40 |
| &nbsp;&nbsp;&nbsp;73 | XXXXXX | XXXXXX | Cash Reserves | 4331996.00 | 6315863.00 |
| &nbsp;&nbsp;&nbsp;124 | XXXXXX | XXXXXX | Borrower 1 Total Income | 30741.00 | 60088.16 |
| &nbsp;&nbsp;&nbsp;124 | XXXXXX | XXXXXX | Cash Reserves | 945935.19 | 618184.45 |
| &nbsp;&nbsp;&nbsp;49 | XXXXXX | XXXXXX | Cash Reserves | 142248.54 | 41739.11 |
| &nbsp;&nbsp;&nbsp;54 | XXXXXX | XXXXXX | Cash Reserves | 290221.81 | 85239.64 |
| &nbsp;&nbsp;&nbsp;123 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;109 | XXXXXX | XXXXXX | Cash Reserves | 1194969.42 | 348775.36 |
| &nbsp;&nbsp;&nbsp;122 | XXXXXX | XXXXXX | Cash Reserves | 314596.15 | 56040.96 |
| &nbsp;&nbsp;&nbsp;72 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;74 | XXXXXX | XXXXXX | Cash Reserves | 483159.97 | 302721.69 |
| &nbsp;&nbsp;&nbsp;170 | XXXXXX | XXXXXX | Cash Reserves | 2365722.10 | 660993.56 |
| &nbsp;&nbsp;&nbsp;133 | XXXXXX | XXXXXX | Borrower 1 Total Income | 12646.00 | 23945.98 |
| &nbsp;&nbsp;&nbsp;133 | XXXXXX | XXXXXX | Cash Reserves | 358474.96 | 83243.74 |
| &nbsp;&nbsp;&nbsp;108 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;47 | XXXXXX | XXXXXX | Property City | XXXXXX | XXXXXX |
| &nbsp;&nbsp;&nbsp;44 | XXXXXX | XXXXXX | Cash Reserves | 570357.77 | 298168.22 |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;134 | XXXXXX | XXXXXX | Cash Reserves | 1775909.00 | 177659.44 |
| &nbsp;&nbsp;&nbsp;90 | XXXXXX | XXXXXX | Cash Reserves | 611601.39 | 228487.75 |
| &nbsp;&nbsp;&nbsp;129 | XXXXXX | XXXXXX | Borrower 1 Total Income | 32805.50 | 43700.39 |
| &nbsp;&nbsp;&nbsp;129 | XXXXXX | XXXXXX | Cash Reserves | 2920814.20 | 1920804.07 |
| &nbsp;&nbsp;&nbsp;139 | XXXXXX | XXXXXX | Cash Reserves | 607374.19 | 314579.44 |
| &nbsp;&nbsp;&nbsp;121 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;130 | XXXXXX | XXXXXX | Cash Reserves | 1133939.00 | 123172.34 |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX | XXXXXX | Borrower 1 Total Income | 28333.43 | 51723.88 |
| &nbsp;&nbsp;&nbsp;61 | XXXXXX | XXXXXX | Cash Reserves | 1052432.34 | 512728.65 |
| &nbsp;&nbsp;&nbsp;174 | XXXXXX | XXXXXX | Cash Reserves | 428492.91 | 116672.62 |
| &nbsp;&nbsp;&nbsp;137 | XXXXXX | XXXXXX | Cash Reserves | 355032.37 | 126221.30 |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX | XXXXXX | Borrower 1 Total Income | 22416.68 | 29500.01 |
| &nbsp;&nbsp;&nbsp;135 | XXXXXX | XXXXXX | Cash Reserves | 394369.17 | 218017.39 |
| &nbsp;&nbsp;&nbsp;113 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;119 | XXXXXX | XXXXXX | Cash Reserves | 503205.05 | 207979.90 |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan<br>Number** | **Borrower<br>Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| &nbsp;&nbsp;&nbsp;161 | XXXXXX | XXXXXX | Borrower 1 Total Income | 22916.66 | 114502.06 |
| &nbsp;&nbsp;&nbsp;120 | XXXXXX | XXXXXX | Cash Reserves | 1531470.50 | 872032.34 |
| &nbsp;&nbsp;&nbsp;69 | XXXXXX | XXXXXX | Cash Reserves | 1986168.45 | 879557.89 |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | XXXXXX | Debt to Income Ratio (Back) | 42.7800 | 39.1007 |
| &nbsp;&nbsp;&nbsp;162 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | XXXXXX | Borrower 1 Total Income | 11474.15 | 20473.83 |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | XXXXXX | Cash Reserves | 204554.47 | 913475.79 |
| &nbsp;&nbsp;&nbsp;143 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;167 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;66 | XXXXXX | XXXXXX | Cash Reserves | 585865.00 | 299392.04 |
| &nbsp;&nbsp;&nbsp;169 | XXXXXX | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;169 | XXXXXX | XXXXXX | Cash Reserves | 585733.07 | 125338.49 |
| &nbsp;&nbsp;&nbsp;103 | XXXXXX | XXXXXX | Cash Reserves | 384982.15 | 45156.95 |
| &nbsp;&nbsp;&nbsp;153 | XXXXXX | XXXXXX | Cash Reserves | 339279.17 | 48024.87 |
| &nbsp;&nbsp;&nbsp;146 | XXXXXX | XXXXXX | Borrower 1 Total Income | 6666.68 | 14930.57 |
| &nbsp;&nbsp;&nbsp;141 | XXXXXX | XXXXXX | Cash Reserves | 1125709.49 | 627618.26 |
| &nbsp;&nbsp;&nbsp;59 | XXXXXX | XXXXXX | Cash Reserves | 397452.31 | 140615.33 |
| &nbsp;&nbsp;&nbsp;140 | XXXXXX | XXXXXX | Cash Reserves | 476710.93 | 117247.22 |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Mar 05) | 1073 Condo (Mar 05) |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | XXXXXX | Borrower 1 Total Income | 17288.54 | 25421.84 |
| &nbsp;&nbsp;&nbsp;160 | XXXXXX | XXXXXX | Cash Reserves | 892239.41 | 429560.25 |
| &nbsp;&nbsp;&nbsp;152 | XXXXXX | XXXXXX | Cash Reserves | 325563.17 | 179784.13 |
| &nbsp;&nbsp;&nbsp;127 | XXXXXX | XXXXXX | Loan Purpose | Cashout Refi | Rate and Term Refi |
| &nbsp;&nbsp;&nbsp;125 | XXXXXX | XXXXXX | Borrower 1 Self Employed Flag | No | Yes |
| &nbsp;&nbsp;&nbsp;147 | XXXXXX | XXXXXX | Cash Reserves | 600091.64 | 191565.65 |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Jun 93) | 1004 SFR (Mar 05) |
| &nbsp;&nbsp;&nbsp;379 | XXXXXX | XXXXXX | Cash Reserves | 1613957.38 | 428626.57 |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Jun 93) | 1004 SFR (Mar 05) |
| &nbsp;&nbsp;&nbsp;381 | XXXXXX | XXXXXX | Cash Reserves | 714907.22 | 170776.03 |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | Appraisal Form Type | 1004 SFR (Jun 93) | 1004 SFR (Mar 05) |
| &nbsp;&nbsp;&nbsp;378 | XXXXXX | XXXXXX | Cash Reserves | 42592.25 | 991996.66 |

---

<sup>©</sup>2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

## Exhibit 99.5

**EXHIBIT 99.5** 

**CLAYTON VALUATIONS SUMMARY** 

------

**Client Name:** PennyMac

**Client Project Name:** PNMAC PMTLT 2025-J5_J16421

**Valuations Summary** 

*Loans in Report: 144* 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS<br>Information** | |
| &nbsp;&nbsp;&nbsp;&nbsp; **Deal**<br> **ID** | **Loan**<br> **Number** | **Seller**<br> **Loan**<br> **Number** | **Original**<br> **Balance** | **Sales**<br> **Price** | **Value For**<br> **LTV** | **Appraised<br>Date** | **Appraised<br>Value** | **Appraisal<br>Form** | **AVM<br>Vendor<br>Name** | **Confidence<br>Score** | **Review<br>Date** | **Review<br>Value** | **Variance<br>Amount** | **Variance%** | **Review<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **AVM<br>Vendor<br>Name** | **AVM<br>FSD** | **Confidence<br>Score** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance%** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Report<br>Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Other - Valuation<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **CU/LCA Score** | **Valuation<br>Comments** |
| &nbsp;&nbsp;&nbsp;&nbsp; 379 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 381 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | 0.15% | XXXXXX | 4.000 | 96.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 378 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 377 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -3.02% | XXXXXX | 4.000 | 96.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 56 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable | XXXXXX | XXXXXX | XXXXXX | 0.45% | XXXXXX | 8.000 | 92.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 75 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 86 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 81 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 23 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 168 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 82 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 84 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 77 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 15 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 105 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 68 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 34 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | 3.94% | XXXXXX | 3.000 | 97.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 29 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 173 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 85 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 30 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 32 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 31 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 154 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% | XXXXXX | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 93 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -0.16% | XXXXXX | 4.000 | 96.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 58 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 95 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 100 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 78 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 159 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 80 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |

---

------

---

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| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS<br>Information** | |
| &nbsp;&nbsp;&nbsp;&nbsp; **Deal**<br> **ID** | **Loan**<br> **Number** | **Seller**<br> **Loan**<br> **Number** | **Original**<br> **Balance** | **Sales**<br> **Price** | **Value For**<br> **LTV** | **Appraised<br>Date** | **Appraised<br>Value** | **Appraisal<br>Form** | **AVM<br>Vendor<br>Name** | **Confidence<br>Score** | **Review<br>Date** | **Review<br>Value** | **Variance<br>Amount** | **Variance%** | **Review<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **AVM<br>Vendor<br>Name** | **AVM<br>FSD** | **Confidence<br>Score** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance%** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Report<br>Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Other - Valuation<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **CU/LCA Score** | **Valuation<br>Comments** |
| &nbsp;&nbsp;&nbsp;&nbsp; 9 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 38 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 27 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 163 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 52 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 39 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 96 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 19 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 110 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 13 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 17 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 62 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -5.91% | XXXXXX | 8.000 | 92.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 22 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 83 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 106 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -2.89% | XXXXXX | 3.000 | 97.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 88 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 116 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 18 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 67 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 111 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 57 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 126 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 145 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 97 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 35 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 41 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 79 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 25 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 99 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 37 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | 3.35% | XXXXXX | 6.000 | 94.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 104 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 43 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 171 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 118 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 131 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |

---

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| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS<br>Information** | |
| &nbsp;&nbsp;&nbsp;&nbsp; **Deal**<br> **ID** | **Loan**<br> **Number** | **Seller**<br> **Loan**<br> **Number** | **Original**<br> **Balance** | **Sales**<br> **Price** | **Value For**<br> **LTV** | **Appraised<br>Date** | **Appraised<br>Value** | **Appraisal<br>Form** | **AVM<br>Vendor<br>Name** | **Confidence<br>Score** | **Review<br>Date** | **Review<br>Value** | **Variance<br>Amount** | **Variance%** | **Review<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **AVM<br>Vendor<br>Name** | **AVM<br>FSD** | **Confidence<br>Score** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance%** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Report<br>Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Other - Valuation<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **CU/LCA Score** | **Valuation<br>Comments** |
| &nbsp;&nbsp;&nbsp;&nbsp; 151 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  | XXXXXX | XXXXXX | XXXXXX | 5.56% | Full<br>Appraisal |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 117 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 102 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 114 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -5.97% | XXXXXX | 5.000 | 95.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 164 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 157 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  | XXXXXX | XXXXXX | XXXXXX | 1.33% | Full<br>Appraisal |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 136 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 91 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 128 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 60 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 48 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 71 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 98 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 89 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 55 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 76 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 46 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 70 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 63 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 64 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 73 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 124 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 49 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 54 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 144 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 123 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 109 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -4.64% | XXXXXX | 5.000 | 95.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 122 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 72 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 74 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 170 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 133 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 108 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 47 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 44 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 134 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -6.92% | XXXXXX | 5.000 | 95.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 90 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |

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| | | | | | | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Automated Valuation Model** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Second Desk Review** | **Field Review** | **Field Review** | **Field Review** | **Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **Second Field Review** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **1004 SFR (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **2055 Ext Only (Mar 05)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **BPO (Broker Price Opinion)** | **Other** | **Other** | **Other** | **Other** | **Other** | **AUS<br>Information** | |
| &nbsp;&nbsp;&nbsp;&nbsp; **Deal**<br> **ID** | **Loan**<br> **Number** | **Seller**<br> **Loan**<br> **Number** | **Original**<br> **Balance** | **Sales**<br> **Price** | **Value For**<br> **LTV** | **Appraised<br>Date** | **Appraised<br>Value** | **Appraisal<br>Form** | **AVM<br>Vendor<br>Name** | **Confidence<br>Score** | **Review<br>Date** | **Review<br>Value** | **Variance<br>Amount** | **Variance%** | **Review<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **AVM<br>Vendor<br>Name** | **AVM<br>FSD** | **Confidence<br>Score** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance%** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Report<br>Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **Other - Valuation<br>Type** | **Report<br>Date** | **Value** | **Variance<br>Amount** | **Variance<br>(%)** | **CU/LCA Score** | **Valuation<br>Comments** |
| &nbsp;&nbsp;&nbsp;&nbsp; 129 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 139 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 121 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 130 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | XXXXXX | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 45 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 61 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 174 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 137 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 135 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -7.02% | XXXXXX | 5.000 | 95.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 113 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 119 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 161 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 120 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | -6.63% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 69 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 162 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 143 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 28 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 167 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | (No<br>Data) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 66 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | -4.35% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 169 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 103 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 153 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 146 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 141 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 59 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 140 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -2.81% | XXXXXX | 3.000 | 97.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 148 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 160 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1073<br>Condo<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 150 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 152 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 127 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 125 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  |  | XXXXXX | XXXXXX | XXXXXX | -0.29% | XXXXXX | 4.000 | 96.00 |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 147 | XXXXXX |  | XXXXXX | XXXXXX | XXXXXX | XXXXXX | XXXXXX | 1004 SFR<br>(Mar 05) |  |  |  | $0.00 |  |  | Not<br>Applicable |  | $0.00 | $0.00 | 0.00% |  | 0.000 |  | XXXXXX | XXXXXX | XXXXXX | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  | $0.00 | $0.00 | 0.00% |  |  | $0.00 | $0.00 | 0.00% | 3.5 |  |

---

## Exhibit 99.6

**EXHIBIT 99.6** 

**CONSOLIDATED ANALYTICS, INC. ("CONSOLIDATED ANALYTICS") DUE** 

**DILIGENCE EXECUTIVE SUMMARY** 

------

![LOGO](g72661g1204030235616.jpg)

**EXECUTIVE SUMMARY** 

**THIRD PARTY DUE DILIGENCE REVIEW** 

**December 2, 2025** 

**Overview** 

Consolidated Analytics, Inc ("Consolidated Analytics"), a third-party due diligence provider, performed the review described below on residential mortgage loans acquired by PennyMac Corp. (the "Client"). The review included a total of 114 residential mortgage loans in connection with the securitization identified as PMTLT 2025-J5 (the "Securitization"). The Review was conducted from October 2025 and November 2025 on mortgage loans originated between July 2025 and November 2025.

**Scope of Review** 

**Credit Review** 

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

The Credit Review attempted to confirm the following:

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

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Validate all concurrent loans are included in the DTI to properly assess the ability to repay

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage Related Obligations: PITI, HOA, PMI, etc.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Validate monthly recurring liabilities

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Determine representative credit score from credit report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate loan-to-value (LTV)
and combined loan-to-value

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review borrower's occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation through third party resource of the subject properties most recent twelve (12) month sales
history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm sufficient evidence in loan file, by reviewing the underwriter's decision to approve the loan
based upon the borrows income, debt, and credit history, to support borrower's willingness and ability to repay the debt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm that Final 1003 is sufficiently completed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Provide Audit 1008 with accurate data based on file documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Confirm Loan Approval conditions were met

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review condominium questionnaire to verify all information is complete, prepared by an authorized
representative, and address any red flags that may deem condominium project ineligible

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. General QM for any loans originated under the GQM Rule

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Pricing Thresholds:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Pricing for First Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar
amount threshold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 3.5% for a first-lien covered transaction with a loan amount greater than or equal to the applicable dollar
amount threshold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5% for a first-lien covered transaction with a loan amount less than the applicable dollar amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Pricing for Subordinate Lien Loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 3.5% for a subordinate-lien covered transaction with a loan amount greater than or equal to the applicable
dollar amount threshold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a subordinate-lien covered transaction with a loan amount less than the applicable dollar amount
threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Pricing for Manufactured Homes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25% for a first-lien covered transaction secured by a manufactured home with a loan amount equal to or
greater than the applicable dollar amount threshold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5% for a covered transaction secured by a manufactured home with a loan amount less than applicable dollar
amount threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Consider Income and Assets:

<sup>○</sup> Consumer's current or reasonably expected income or assets (other than the value of the dwelling that secures the loan;

<sup>○</sup> The consumer's debt obligations, alimony, child support; and

<sup>○</sup> The monthly DTI or residual income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Verification of Income and Assets:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verification in compliance with one of the "safe harbor" guidelines will meet the QM verification
requirement. A creditor is allowed to "mix and match" provisions of the different guidelines rather than only apply one guideline per loan.

The specific guidelines that the CFPB is designating for the safe harbor are: The GQM Rule provides that if the creditor verifies the consumer's income or assets, debt obligations, alimony, child support, and monthly DTI or residual income by meeting the standards of certain specified third-party underwriting manuals, then a creditor is presumed to have complied with the verification requirement. These specified manuals are:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Chapters B3-3 through B3-6 of
the Fannie Mae Single Family Selling Guide, published June 3, 2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Sections 5102 through 5500 of the Freddie Mac Single-Family Seller/Servicer Guide, published June 10,
2020;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sections II.A.1 and II.A.4-5 of the Federal Housing
Administration's Single Family Housing Policy Handbook, issued October 24, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Chapter 4 of the U.S. Department of Veterans Affairs' Lenders Handbook, revised February 22, 2019;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Chapter 4 of the U.S. Department of Agriculture's Field Office Handbook for the Direct Single Family
Housing Program, revised March 15, 2019; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Chapters 9 through 11 of the U.S. Department of Agriculture's Handbook for the Single Family Guaranteed
Loan Program, revised March 19, 2020.

**Compliance Review** 

Consolidated Analytics performed a "Compliance Review" to determine, as applicable, to the extent possible and subject to the caveats below, whether the loan complies with applicable regulatory requirements as noted below, each as amended, restated and/or replaced from time to time. In relation to cash out refinances of investment property loans, documentation provided in the loan file will be reviewed only to validate the use of cash out proceeds for business purposes at the origination/consummation of the loan. In the event use of proceeds cannot be validated, or are deemed to be utilized for consumer purposes, the loan would then be subject to a "Compliance Review" of applicable regulatory requirements as noted below, each as amended, restated and/or replaced from time to time. The Compliance Review included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Test Loan Estimate(s) for accuracy and completeness as well as timing requirements as required by TRID
Regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Test Closing Disclosure(s) for accuracy and completeness as well as timing requirements as required by TRID
Regulations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Tolerance Testing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare Loan Estimate and Closing Disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Identify Tolerance Violations and applicable cost to cure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Comprehensive review of Closing Disclosure to determine transaction accuracy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Recalculation of APR and Finance Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Testing of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal High Cost Mortgage provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Federal Higher Priced Mortgage Loans provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Local and/or State Anti-predatory and High Cost provisions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. HOEPA Points and Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Determine whether specified federal disclosures were provided timely based upon comparison of the application
date to the dates on such disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Service Provider List

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Home Ownership Counselling Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. ARM Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Compliance with QM as it relates to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. APR Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Points & Fees Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Prepayment Penalty Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Product Eligibility Testing

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Notice of Right to Cancel (Rescission) Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm transaction date, expiration date, and disbursement date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Confirm document is properly executed by all required parties to the transaction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the correct Right of Rescission document was executed for the transaction type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Confirm through NMLS the loan originator and originating firm's license status was active and properly
disclosed on appropriate loan documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Check the Loan participants against the exclusionary list provided by Client or by the purchaser of the Loan(s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Review closing documents to ensure that the Mortgage Loan information is complete, accurate, and consistent
with other documents; Confirm collateral documents have been recorded or sent for recording

The Compliance Review did not include any federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consolidated Analytics are dependent upon its receiving complete and accurate data regarding the loans from loan originators and other third parties upon which Consolidated Analytics is relying in reaching such findings.

**Valuation Review** 

Consolidated Analytics performed a "Valuation Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review original appraisal, determination that property is in "average" condition or better, or
property requires cosmetic improvements (as defined by the appraiser) that do not affect habitability. Should an area of concern be identified with the condition of the property, Consolidated Analytics will alert Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review appraisal, determination that property is completely constructed and appraisal is on an "as is
basis," or property is identified as not completely constructed by originating appraiser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review and determine if the appraisal report was performed on appropriate GSE forms and if the appraiser
indicated in the body of the subject appraisal that the appraisal conforms to USPAP standards.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Review and determine the relevance of the comparable properties and ensure that a rational and reliable value
was provided and supported as of the effective date of the Origination Appraisal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Review adjustments (line item, net and gross adjustments) to ensure they are reasonable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Ensure that the appraisal conforms to the guidelines provided from the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Review appraisal to ensure all required documents were included.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Review location map provided within the appraisal for external obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Ensure highest and best use and zoning complies with guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. Confirm there are no marketability issues that affect the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Ensure subject property does not suffer any functional obsolescence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;l. Where applicable, determine if the file did not contain the appraisal or other valuation method and a review
could not be performed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;m. Additional valuation products were not required when the CU score provided was 2.5 or below. In the event the
CU score was greater than 2.5, an additional valuation product was obtained to confirm value was supported within 10% tolerance. In some instances, CDA's were ordered on loans that had an acceptable CU score based on guidance from the seller.

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

------

For loans reviewed in a post-close valuation review scenario (114 loans in total):

Fifty (50) loans had an AVM, three (3) loans had a Secondary Appraisal, twenty-nine (29) loans had Desktop Reviews, and zero (0) loans had Field Reviews. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Client.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, had a confidence score less than 90, or was inconclusive, then a CDA, Field Review or a 2nd Appraisal (Secondary Appraisal or Exterior Only Appraisal) was completed. There were eighteen (18) occurrences of this.

There were zero (0) PIW loans.

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the one-hundred fourteen (114) mortgage loans reviewed, one-hundred nine (109) unique mortgage loans (95.61% by loan count) had a total of four hundred forty (440) discrepancies across twenty-nine (29) data fields. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| **Fields Reviewed** | **Discrepancy <br> Count** | **Percentage** |
|  Total Qualified Assets Post-Close | 99 | 22.50% |
|  Qualifying Total Debt Income Ratio | 63 | 14.32% |
|  Qualifying Interest Rate | 61 | 13.86% |
|  Qualifying CLTV | 46 | 10.45% |
|  Qualifying LTV | 45 | 10.23% |
|  Total Monthly Property Insurance Amount | 36 | 8.18% |
|  Property Address | 26 | 5.91% |
|  Qualifying FICO | 11 | 2.50% |
|  Borrower 1 Last Name | 8 | 1.82% |
|  Total Closing Costs | 8 | 1.82% |
|  Property County | 6 | 1.36% |
|  Borrower 1 First Name | 5 | 1.14% |
|  Borrower 2 First Name | 4 | 0.91% |
|  Borrower 1 FTHB | 3 | 0.68% |
|  Borrower 1 Self-Employment Flag | 2 | 0.45% |
|  Borrower 1 Citizen | 2 | 0.45% |
|  Secondary Appraised Property Value | 2 | 0.45% |
|  Borrower 1 SSN | 2 | 0.45% |
|  Borrower 2 SSN | 1 | 0.23% |
|  Borrower 1 Marital Status | 1 | 0.23% |
|  Borrower 3 First Name | 1 | 0.23% |
|  Borrower 4 First Name | 1 | 0.23% |
|  Borrower 3 SSN | 1 | 0.23% |
|  Borrower 3 Qualifying Income | 1 | 0.23% |
|  Number of Units | 1 | 0.23% |
|  Borrower 4 Qualifying Income | 1 | 0.23% |
|  Borrower 4 SSN | 1 | 0.23% |
|  Borrower 4 Marital Status | 1 | 0.23% |
|  Borrower 4 Origination FICO | 1 | 0.23% |
|  **Grand Total** | **440** | **100.00%** |

---

------

**Summary of Results** 

**OVERALL RESULTS SUMMARY** 

**Final Loan Grades** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;&nbsp; **Event Grade** | **Loan Count** | **Original Principal Balance** | **Percent of <br>Sample** |
| &nbsp;&nbsp;&nbsp;Event Grade A | 112 | $138615972.00 | 98.25% |
| &nbsp;&nbsp;&nbsp;Event Grade B | 2 | $3183000.00 | 1.75% |
| &nbsp;&nbsp;&nbsp;Event Grade C | 0 | $0.00 | 0% |
| &nbsp;&nbsp;&nbsp;Event Grade D | 0 | $0.00 | 0% |
| &nbsp;&nbsp;&nbsp;**Total Sample** | 114 | $141798972.00 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Credit Results:** | **Credit Results:** | **Credit Results:** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Event Grade | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loan Count | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percent of Sample |
| Event Grade A | 113 | 99.12% |
| Event Grade B | 1 | 0.88% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 114 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Compliance Results:** | **Compliance Results:** | **Compliance Results:** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Event Grade | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loan Count | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percent of Sample |
| Event Grade A | 113 | 99.12% |
| Event Grade B | 1 | 0.88% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 114 | 100.00% |

---

---

| | | |
|:---|:---|:---|
| **Valuation Results:** | **Valuation Results:** | **Valuation Results:** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Event Grade | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loan Count | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Percent of Sample |
| Event Grade A | 114 | 100.00% |
| Event Grade B | 0 | 0% |
| Event Grade C | 0 | 0% |
| Event Grade D | 0 | 0% |
| **Total Sample** | 114 | 100.00% |

---

------

**Exception Category Summary** 

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;Exception <br>Type | &nbsp;&nbsp;&nbsp;&nbsp;Exception <br> Level<br> Grade | Exception Category | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total |
|  Credit | A | <br> HMDA Data Tape Not Provided<br>| 114 |
|  Credit | A | <br> HMDA Discrepancy(s) Noted<br>| 54 |
|  Credit | A | Missing verification of taxes, insurance, and/or HOA fees for non-subject property<br>| 4 |
|  Credit | A | <br> Title Coverage is Less than Subject Lien<br>| 4 |
|  Credit | A | <br> Borrower 1 3rd Party VOE Prior to Close Missing<br>| 2 |
|  Credit | A | <br> The Total Hazard Coverage is LESS than the Required Coverage Amount<br>| 2 |
|  Credit | A | <br> Hazard Insurance Effective Date is after the Disbursement Date<br>| 2 |
|  Credit | A | <br> The Deed of Trust is Incomplete<br>| 1 |
|  Credit | A | <br> Audited Reserves are less than Guideline Required Reserves (Number of Months)<br>| 1 |
|  Credit | A | <br> Borrower 1 Credit Report is Incomplete<br>| 1 |
|  Credit | A | <br> Third Party Fraud Report not Provided<br>| 1 |
|  Credit | A | <br> AUS Not Provided<br>| 1 |
|  Credit | A | <br> Audited Loan Amount is greater than Guideline Maximum Loan Amount<br>| 1 |
|  Credit | A | <br> The Final 1003 is Missing<br>| 1 |
|  Credit | A | <br> AUS Partially Provided<br>| 1 |
|  Credit | A | <br> Borrower 1 Paystubs Missing<br>| 1 |
|  Credit | A | <br> Audited Reserves are less than AUS Required Reserves (Number of Months)<br>| 1 |
|  Credit | A | <br> Borrower 2 Deed of Trust Signature does not match Note<br>| 1 |
|  Credit | A | <br> FEMA Declared Disaster - For Information Only<br>| 1 |
|  Credit | A | <br> ***Total Credit Grade (A) Exceptions:***<br>| ***194*** |
|  Credit | B | <br> Hazard Insurance Effective Date is after the Disbursement Date<br>| 1 |
|  Credit | B | <br> ***Total Credit Grade (B) Exceptions:***<br>| ***1*** |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  Compliance | A | <br> Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1))<br>| 13 |
|  Compliance | A | <br> Missing Required Affiliated Business Disclosure<br>| 5 |
|  Compliance | A | <br> Charges That Cannot Increase Test<br>| 4 |
|  Compliance | A | <br> Lender Credits That Cannot Decrease Test<br>| 4 |
|  Compliance | A | <br> Revised Loan Estimate Delivery Date Test (prior to consummation)<br>| 3 |
|  Compliance | A | <br> TILA Right of Rescission Test<br>| 1 |
|  Compliance | A | <br> Intent to Proceed is Missing<br>| 1 |
|  Compliance | A | <br> Charges That In Total Cannot Increase More Than 10% Test<br>| 1 |
|  Compliance | A | <br> TRID Disclosure Delivery Date Validation Test<br>| 1 |
|  Compliance | A | <br> Missing Power of Attorney<br>| 1 |
|  Compliance | A | <br> Initial Closing Disclosure Delivery Date Test<br>| 1 |
|  Compliance | A | <br> ***Total Compliance Grade (A) Exceptions:***<br>| ***35*** |
|  Compliance | B | <br> Charges That Cannot Increase Test<br>| 1 |
|  Compliance | B | <br> ***Total Compliance Grade (B) Exceptions:***<br>| ***1*** |
|  Property | A | <br> Third Party Valuation Product Not Provided within 10% Tolerance<br>| 34 |
|  Property | A | <br> Condo Approval Missing<br>| 1 |
|  Property | A | <br> No Property Findings<br>| 1 |
|  Property | A | <br> ***Total Property Grade (A) Exceptions:***<br>| ***36*** |

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**Event Grade Definitions** 

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;Final Loan Grade | &nbsp;&nbsp;&nbsp;Final Loan Grade |
| &nbsp;&nbsp;&nbsp;A | Loan meets Credit, Compliance, and Valuation Guidelines |
| &nbsp;&nbsp;&nbsp;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. |
| &nbsp;&nbsp;&nbsp;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. |
| &nbsp;&nbsp;&nbsp;D | Loan is missing documentation to perform a sufficient review. |

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

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;Compliance Event Grades | &nbsp;&nbsp;&nbsp;Compliance Event Grades |
| &nbsp;&nbsp;&nbsp;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. |
| &nbsp;&nbsp;&nbsp;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. |
| &nbsp;&nbsp;&nbsp;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. |
| &nbsp;&nbsp;&nbsp;D | There was not sufficient documentation to perform a review or the required legal documents were not furnished. |

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

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## Exhibit 99.7

**EXHIBIT 99.7** 

**CONSOLIDATED ANALYTICS EXCEPTION GRADES REPORT** 

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 185 | XXX |  | XXX | XXX | XXX | XXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 11.03 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 64.24% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 64.24% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 800 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 182 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 761 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 14.08 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 182 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We create ULI for this client. ULI is XXX. Please review the uploaded 1003 | 11/24/2025 | Lender provided final 1003 reflecting valid ULI of XXX, which is also reflected on the final 1003 in file. Condition cleared. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 761 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 14.08 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 182 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—See page 742 of the Original submission bookmarks ; HVE | 11/17/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 761 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 14.08 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 193 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 15.28% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 4.62 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 41.87% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 41.87% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 199 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | finding-<br>3634 | Compliance | Charges<br>That Cannot<br>Increase<br>Test | TILA 130b Cure Required. Refund in the amount of $400.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $400.00 is due to increase from $1,850.00 to $2,250.00 for the Appraisal fee on CD XXX. COC in file dated XXX states "Appraisal fee updated LE fee variance" which is not a valid reason for the increase and was therefore not accepted. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $400.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | detailed coc | 11/14/2025 | Lender provided valid COC for increase in appraisal fee, which is due to complexity of appraisal. Condition cleared.; Lender provided valid COC for increase in appraisal fee, which is due to complexity of appraisal. Condition cleared. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 35.92% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 32.61% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 32.61% is less than Guideline LTV of 89.99% C A |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 199 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 35.92% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 32.61% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 32.61% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 226 | XXX |  | XXX | XXX | XXX | XXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—see pages 22-23 of the original file we delivered—HVE present | 11/13/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 770 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 26.3% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 3.69 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 76.61% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 76.61% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 226 | XXX |  | XXX | XXX | XXX | XXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 770 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 26.3% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 3.69 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 76.61% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 76.61% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 201 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70.93% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.93% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 4.15 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 768 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 37.52% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 201 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE1185 | Credit | AUS<br>Partially<br>Provided | AUS Partially Provided Missing all pages of the final run of DU submission #6. | AUS | 11/10/2025 | Lender provided legible AUS with all pages. Condition cleared.; AUS is not incomplete Lender provided legible AUS with all pages. Condition cleared. | 11/11/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70.93% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.93% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 4.15 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 768 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 37.52% is less than Guideline DTI of 50% D A |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 202 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—Per the UCDP's provided LCA 2.5 CU score 2 | 11/13/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Borrower has stable job time—Borrower has 15.53 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 806 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 202 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 15.53 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 806 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 263 | XXX |  | XXX | XXX | XXX | XXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—Per the UCDP's provided LCA 1, CU score 2.4 | 11/13/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Borrower has stable job time—Borrower has 23.81 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 740 Qualifying DTI below max allowed.—Calculated DTI of 32.62% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 263 | XXX |  | XXX | XXX | XXX | XXX | UT | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 23.81 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 740 Qualifying DTI below max allowed.—Calculated DTI of 32.62% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/27/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation. | ROV/Appraisal delivery | 11/18/2025 | Cleared as we have received evidence of delivery. ; Evidence of appraisal delivery provided.; Material; The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation. | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.78% is less than Guideline CLTV of 85% Original LTV is Below the Guideline Maximum—Calculated LTV of 63.78% is less than Guideline LTV of 85% Borrower has stable job time—Borrower has 5.51 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 17.74% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/17/2025 | Resolved as we have received the ULI. ; Resolved as we have received the ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. ; Resolved as we have received the ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.78% is less than Guideline CLTV of 85% Original LTV is Below the Guideline Maximum—Calculated LTV of 63.78% is less than Guideline LTV of 85% Borrower has stable job time—Borrower has 5.51 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 17.74% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.78% is less than Guideline CLTV of 85% Original LTV is Below the Guideline Maximum—Calculated LTV of 63.78% is less than Guideline LTV of 85% Borrower has stable job time—Borrower has 5.51 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 17.74% is less than Guideline DTI of 45% C A B |

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  |  |  | Third party valuation product provided within tolerance. | 11/04/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.78% is less than Guideline CLTV of 85% Original LTV is Below the Guideline Maximum—Calculated LTV of 63.78% is less than Guideline LTV of 85% Borrower has stable job time—Borrower has 5.51 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 17.74% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/29/2025 | Resolved | FCRE1316 | Credit | Borrower 1<br>3rd Party<br>VOE Prior<br>to Close<br>Missing | Borrower 1 3rd Party VOE Prior to Close Missing Verification of employment for Borrower 1 is not dated within 10 days of closing. The file does not contain any other acceptable employment verification as required by AUS. | VOE | 11/17/2025 | Borrower 1 3rd Party VOE Prior to Close Was Provided | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 68.36% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.48% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.36% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.33 years on job. D A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/30/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least 3 days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation. Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely. | Appraisal delivery | 11/17/2025 | Resolved as we have received appraisal delivery. ; Evidence of appraisal delivery provided.; Material | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 68.36% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.48% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.36% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.33 years on job. D A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | HMDA | 11/17/2025 | Resolved as we have received the ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 68.36% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.48% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.36% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.33 years on job. D A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/11/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 68.36% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.48% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.36% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.33 years on job. D A C B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 238 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—provide in original bookmark page 809-810 | 11/13/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying DTI below max allowed.—Calculated DTI of 18.59% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.96% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 74.96% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.03 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 238 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 18.59% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.96% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 74.96% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.03 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 238 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 9101.91 vs Lender Total Loan Costs 9301.91. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | We agree | 11/13/2025 | Lender agreed with audit value. Condition cleared.; Material Finding | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 18.59% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.96% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 74.96% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.03 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/27/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX | Appraisal Delivery | 11/18/2025 | Cleared as we have received evidence of the appraisal. ; Evidence of appraisal delivery provided.; Material; The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX | 11/20/2025 | Borrower has stable job time—Borrower has 2.16 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 797 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.53% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/17/2025 | Cleared as lender supplied the missing ULI. ; Cleared as lender supplied the missing ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. ; Cleared as lender supplied the missing ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | 11/18/2025 | Borrower has stable job time—Borrower has 2.16 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 797 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.53% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/18/2025 | Borrower has stable job time—Borrower has 2.16 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 797 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.53% is less than Guideline DTI of 45% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/04/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  |  |  | Third party valuation product provided within tolerance. | 11/04/2025 | Borrower has stable job time—Borrower has 2.16 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 797 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.53% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/28/2025 | Cured | finding-<br>3634 | Compliance | Charges<br>That<br>Cannot<br>Increase<br>Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $70.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $70.00; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $70.00 is due to increase from $0.00 to $70.00 for the Verification Fee from CD XXX to CD XXX. A COC is required to determine if this was a valid change. | cure | 11/22/2025 | Lender provided LOE, PCCD and snippet of financial statement reflecting $70.00 cure was applied as a Principal Reduction. Cured post close, loan will be graded a B.; Lender provided LOE, PCCD and snippet of financial statement reflecting $70.00 cure was applied as a Principal Reduction. Cured post close, loan will be graded a B.; Lender provided LOE, PCCD and snippet of financial statement reflecting $70.00 cure was applied as a Principal Reduction. Cured post close, loan will be graded a B.; Lender provided LOE, PCCD and snippet of financial statement reflecting $70.00 cure was applied as a Principal Reduction. Cured post close, loan will be graded a B. | 11/24/2025 | Borrower has stable job time—Borrower has 9.5 years on job. C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCOM3849 | Compliance | Evidence<br>of<br>Appraisal<br>Delivery<br>to<br>Borrower<br>not<br>Provided<br>or Late<br>(12 CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX. | Appraisal Delivery; Letter | 11/22/2025 | Lender provided verification of the date the appraisal was provided to the Borrower. Condition cleared.; Evidence of appraisal delivery provided.; Lender provided a LOE to the Borrower; however, it is not dated. Please provide verification of the date the Borrower received the appraisal. Condition retained.; Material | 11/24/2025 | Borrower has stable job time—Borrower has 9.5 years on job. C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—sent under original bookmark page 1503-1504 | 11/13/2025 | XXX approved XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Borrower has stable job time—Borrower has 9.5 years on job. C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 9.5 years on job. C B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 235 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 11.12 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 797 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 29.11% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid per the UCDP's provided—CU score 1, LCA 2.5 | 11/13/2025 | XXX approves XXX Waterfall for Valuation; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Borrower has stable job time—Borrower has 4.2 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.61% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX | Appraisal Delivery | 11/17/2025 | Cleared as we have received evidence of appraisal delivery. ; Evidence of appraisal delivery provided.; Material | 11/18/2025 | Borrower has stable job time—Borrower has 4.2 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.61% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/17/2025 | Borrower has stable job time—Borrower has 4.2 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.61% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/13/2025 | Lender provided valid ULI of XXX. Condition cleared.; Material Finding; The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | 11/17/2025 | Borrower has stable job time—Borrower has 4.2 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.61% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 218 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/27/2025 | Resolved | finding-47 | Compliance | TILA<br>Right of<br>Rescission<br>Test | This loan failed the TILA right of rescission test.Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the third business day following consummation.The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Cure Required: Right to cancel was signed by the borrower on XXX and the expiration of the right to cancel is noted as XXX. Per the Final CD, disbursement occurred on XXX. Therefore, borrower did not receive 3 days to cancel. In order to cure rescission needs to be re-opened and a PCCD, LOE, copy of RTC with new 3 day rescission period and proof of delivery is required. | ALTA | 11/14/2025 | Lender provided final settlement statement reflecting disbursement date of XXX, verifying Borrower's were given 3 days right of rescission. Condition cleared.; Lender provided final settlement statement reflecting disbursement date of XXX, verifying Borrower's were given 3 days right of rescission. Condition cleared.; Lender provided final settlement statement reflecting disbursement date of XXX, verifying Borrower's were given 3 days right of rescission. Condition cleared.; Lender provided final settlement statement reflecting disbursement date of XXX, verifying Borrower's were given 3 days right of rescission. Condition cleared. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.12% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 66.58% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 10.81 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 66.58% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 218 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.12% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 66.58% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 10.81 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 66.58% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 224 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | finding-<br>3634 | Compliance | Charges<br>That<br>Cannot<br>Increase<br>Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $595.38.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $595.38; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $595.38 is due to increase from $0 to $595.38 for the survey fee. A COC is required to determine if this was a valid change. | Survey fee | 11/14/2025 | Audit reviewed Lender's response and has determined the Survey Fee was disclosed on the initial LE under section H and was later moved to section B. Audit re-ran compliance and has determined fees are within tolerance. Condition cleared.; Audit reviewed Lender's response and has determined the Survey Fee was disclosed on the initial LE under section H and was later moved to section B. Audit re-ran compliance and has determined fees are within tolerance. Condition cleared.; Audit reviewed Lender's response and has determined the Survey Fee was disclosed on the initial LE under section H and was later moved to section B. Audit re-ran compliance and has determined fees are within tolerance. Condition cleared.; Audit reviewed Lender's response and has determined the Survey Fee was disclosed on the initial LE under section H and was later moved to section B. Audit re-ran compliance and has determined fees are within tolerance. Condition cleared. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 806 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 29.71% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 4.0 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 224 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 806 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 29.71% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 4.0 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Please provide the noted discrepancies. | 11/24/2025 | Lender agreed with audit—condition cleared; Audit reviewed Lender's response and has determined the HMDA discrepancy noted: Audit value $XXX vs Lender value XXX, per HMDA property value is the value used to calculate the LTV. Lender can clear finding by agreeing with audit's finding, or providing documentation to support their value. Condition retained.; Audit reviewed Lender's response and has determined the HMDA discrepancy noted: Audit value $XXX vs Lender value XXX, per HMDA property value is the value used to calculate the LTV. Lender can clear finding by agreeing with audit's finding, or providing documentation to support their value. Condition retained.; Material Finding | 11/25/2025 | Borrower has stable job time—Borrower has 2.36 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 2.36 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/28/2025 | Resolved | finding-<br>3652 | Compliance | Lender<br>Credits That<br>Cannot<br>Decrease<br>Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($10,800.64). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $10,800.64; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $10,800.64 is due to decrease in the Lender credit from $10,800.64 on CD XXX to $0 on Final CD XXX. A COC is required to determine if this is a valid change. | COC | 11/18/2025 | Resolved as we have received the valid COC from lender. ; Resolved as we have received the valid COC from lender. | 11/20/2025 | Borrower has stable job time—Borrower has 2.36 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/28/2025 | Resolved | finding-<br>3634 | Compliance | Charges<br>That Cannot<br>Increase<br>Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,178.67.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $2,178.67; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $2,178.67 is due to increase for the Discount points from $0 on CD XXX to $2,178.67 on Final CD XXX. | COC | 11/18/2025 | Resolved as we have received the valid COC from lender. ; Resolved as we have received the valid COC from lender. | 11/20/2025 | Borrower has stable job time—Borrower has 2.36 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—See page 1095 of the Original file bookmarks | 11/17/2025 | XXX approved XXX waterfall— condition cleared; Third party valuation product provided within tolerance. | 11/18/2025 | Borrower has stable job time—Borrower has 2.36 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—CU Score 1, LCA 2.5 per the UCDP's already provided | 11/17/2025 | XXX approves usage of XXX Waterfall. | 11/18/2025 | Borrower has stable job time—Borrower has 2.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 755 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.72% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | HMDA | 11/17/2025 | Resolved as we have received lenders ULI. ; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit value (column D) vs Lender value (column C), Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. ; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit value (column D) vs Lender value (column C), Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/18/2025 | Borrower has stable job time—Borrower has 2.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 755 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.72% is less than Guideline DTI of 50% D A B C |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided.; Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. | 11/18/2025 | Borrower has stable job time—Borrower has 2.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 755 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.72% is less than Guideline DTI of 50% D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE1201 | Credit | Third Party<br>Fraud Report<br>not Provided | Missing Third Party Fraud Report Missing Third Party Fraud Report |  |  | Fraud Report received with no red flags. Condition Cleared.; Third Party Fraud Report is provided; Missing Third Party Fraud Report Missing Third Party Fraud Report | 11/11/2025 | Borrower has stable job time—Borrower has 2.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 755 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 27.72% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  | XXX | XXX | XXX | XXX | WI | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | CU score 1.9 | 11/13/2025 | XXX approves XXX Waterfall for Valuation; ; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 740 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 56.11% is less than Guideline CLTV of 80% Borrower has stable job time—Borrower has 3.26 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 56.11% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  | XXX | XXX | XXX | XXX | WI | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE1159 | Credit | Hazard<br>Insurance<br>Effective<br>Date is after<br>the<br>Disbursement<br>Date | Hazard Insurance Effective Date of 10-31-2025 is after the Disbursement Date of XXX. The Hazard Insurance Policy Effective Date found in the file has an Effective Date of 10/31/2025 and is dated after closing, Lender to provide evidence policy was revised to a date prior to or on the Disbursement Date of XXX. | Invalid—Previous policy was also provided | 11/13/2025 | Condition resolved as we have received the previous years policy. ; Hazard Insurance Effective Date of 10-31-2024 is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 740 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 56.11% is less than Guideline CLTV of 80% Borrower has stable job time—Borrower has 3.26 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 56.11% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  | XXX | XXX | XXX | XXX | WI | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 740 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 56.11% is less than Guideline CLTV of 80% Borrower has stable job time—Borrower has 3.26 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 56.11% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  | XXX | XXX | XXX | XXX | WI | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/13/2025 | Lender provided screenshot of Encompass verifying valid ULI of XXX. Condition cleared.; Material Finding; HMDA discrepancy noted: Audit ULi XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 740 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 56.11% is less than Guideline CLTV of 80% Borrower has stable job time—Borrower has 3.26 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 56.11% is less than Guideline LTV of 80% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE7497 | Credit | Missing<br>verification<br>of taxes,<br>insurance,<br>and/or HOA<br>fees for non-<br>subject<br>property | Lender to provide evidence there are no HOA fees associated with the following properties:— XXX— XXX | LOE | 11/14/2025 | Resolved as we have received evidence of no HOA dues. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 38.93% is less than Guideline DTI of 50% D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE0377 | Credit | The Total<br>Hazard<br>Coverage is<br>LESS than<br>the Required<br>Coverage<br>Amount | The hazard insurance dwelling coverage of ($880000) is insufficient, not meeting the required coverage amount of ($XXX). The Hazard Insurance Policy found in the loan file coverage amount is not sufficient to cover the minimum of $XXX principal balance, Lender to provide evidence of revised policy and premium or provide a Replacement Cost Estimator from the insurer. | RCE | 11/14/2025 | Resolved as we have received evidence of sufficient coverage. ; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 38.93% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE1159 | Credit | Hazard<br>Insurance<br>Effective<br>Date is after<br>the<br>Disbursement<br>Date | Hazard Insurance Effective Date of 10-03-2025 is after the Disbursement Date of XXX. The Hazard Insurance Policy found in the loan file has an affective date of 10/3/25 and is after the loan Disbursement Date, Lender to provide evidence policy effective date was revised prior to the Disbursement Date. | Policy date | 11/14/2025 | Hazard Insurance Effective Date of XXX is prior to or equal to the Disbursement Date of XXX Or Hazard Insurance Effective Date Is Not Provided.; Resolved as we have received correct start date from hazard carrier. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 38.93% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA provided. Condition cleared.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 38.93% is less than Guideline DTI of 50% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's ULI value—XXX We agree with audit's NMLS value—XXX We agree with audit's Total Loan Costs value—$9,367.70 | 11/14/2025 | Lender agreed with audit values. Condition cleared.; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 9367.7 vs Lender Total Loan Costs MISSING, AND AUdit ULI XXX vs. Lender missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 38.93% is less than Guideline DTI of 50% D A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 203 | XXX |  | XXX | XXX | XXX | XXX ID | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/11/2025 | Qualifying DTI below max allowed.—Calculated DTI of 19% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 783 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 74.07% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.07% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE1148 | Credit | Title<br>Coverage is<br>Less than<br>Subject<br>Lien | Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX Provide Title Coverage Amount of Subject Lien $XXX | Title Policy | 11/19/2025 | Resolved as we have received the updated title. ; Title Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX; Material | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.75% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.75% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.22 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Rescinded | finding-<br>3634 | Compliance | Charges<br>That Cannot<br>Increase<br>Test | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $20.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $20.00; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of $20.00 is due to increase from $250.00 to $270.00 for the credit report from LE XXX to Final CD XXX. A COC is required to determine if this was a valid change. | TRID response | 11/17/2025 | Audit reviewed Lender's response, re-ran compliance and has determined fees are within tolerance. Condition rescinded.; Audit reviewed Lender's response, re-ran compliance and has determined fees are within tolerance. Condition rescinded. | 11/18/2025 | C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/17/2025 | Resolved as we have received lenders ULI. ; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. ; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.75% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.75% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.22 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.75% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.75% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.22 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE1119 | Credit | Borrower 2<br>Deed of<br>Trust<br>Signature<br>does not<br>match Note | Borrower 2 Signature does not match Note Borrower 2 Signature is missing from mortgage deed Borrower 2 Signature does not match Note Borrower 2 Signature is missing from mortgage deed | SI response | 11/17/2025 | Resolved as the signature matches. ; Borrower 2 Signature matches Note | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.75% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.75% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 4.22 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 195 | XXX |  | XXX | XXX | XXX | XXX | VA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 778 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 5.82 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 343 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—LCA unscored, CU score 1 per the UCDP's already provided | 11/17/2025 | XXX approves usage of XXX Waterfall. ; Third party valuation product provided within tolerance. | 11/18/2025 | Borrower has stable job time—Borrower has 4.88 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 343 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | We disagree—our value is correct as we create ULI's for NonDel clients | 11/17/2025 | Resolved as we have received lenders ULI.; Resolved as we have received lenders ULI.; Material Finding; Resolved as we have received lenders ULI.; Material Finding | 11/18/2025 | Borrower has stable job time—Borrower has 4.88 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 343 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/18/2025 | Borrower has stable job time—Borrower has 4.88 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 720 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 237 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid CD score 1.6 | 11/13/2025 | XXX approves XXX Waterfall for Valuation—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 808 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 237 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 808 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 177 | XXX |  | XXX | XXX | XXX | XXX NJ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE7497 | Credit | Missing<br>verification<br>of taxes,<br>insurance,<br>and/or<br>HOA fees<br>for non-<br>subject<br>property | Primary Residence—XXX: The AUS qualified the borrower with a total of $18,789.95 in PITIA for the primary residence, which matches with the Final 1003. The Final 1003 states Taxes/Insurance/HOA of $4,293.83. $285 of this is HOA dues as per the HOA statement. This leaves $4,008.83 remaining. The Initial 1003 and AUS both state that there is a new 2nd lien with XXX (XXX) XXX for $350,000 on the primary residence with a monthly payment of $4,000. However, there is no documentation obtained for this new loan. | The original plan was to get a HELOC. Instead, the borrowers sold XXX and paid off XXX. Please see attached. | 11/21/2025 | Lender provided final settlement statement for sale of REO property XXX and indicated the HELOC on primary residence was not obtained by the Borrower, the REO property was sold instead, which matches the final AUS in file. Condition cleared. | 11/21/2025 | Qualifying DTI below max allowed.—Calculated DTI of 34.69% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.95 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 177 | XXX |  | XXX | XXX | XXX | XXX NJ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—See page 811 of the Original submission bookmarks ; HVE | 11/17/2025 | Third party valuation product provided within tolerance.; XXX approves XXX Waterfall for Valuation—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/21/2025 | Qualifying DTI below max allowed.—Calculated DTI of 34.69% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.95 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 177 | XXX |  | XXX | XXX | XXX | XXX NJ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying DTI below max allowed.—Calculated DTI of 34.69% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.95 years on job. D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 249 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with the Audit Total Loan Costs of $14,663.7 | 11/24/2025 | Lender agrees with audit. ; Lender agrees with audit. ; Material Finding; Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 14663.7 vs Lender Total Loan Costs 14463.7. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Lender agrees with audit. ; Material Finding; Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 14663.7 vs Lender Total Loan Costs 14463.7. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 9.08 years on job. Qualifying DTI below max allowed.—Calculated DTI of 25.32% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 249 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 9.08 years on job. Qualifying DTI below max allowed.—Calculated DTI of 25.32% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 249 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—per the UCDP provided this is not required—CU score 1 | 11/13/2025 | XXX approves XXX waterfall— condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 9.08 years on job. Qualifying DTI below max allowed.—Calculated DTI of 25.32% is less than Guideline DTI of 45% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 270 | XXX |  | XXX | XXX | XXX | XXX IL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/28/2025 | Resolved | finding-<br>3526 | Compliance | Revised<br>Loan<br>Estimate<br>Delivery<br>Date Test<br>(prior to<br>consummation) | This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. Documentation required: Provide evidence the Revised LE issued XXX was received by borrower. | LE | 11/18/2025 | Cleared as we have received the evidence of receipt from lender ; Cleared as we have received the evidence of receipt from lender | 11/20/2025 | Borrower has stable job time—Borrower has 7.42 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 811 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 22.07% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 270 | XXX |  | XXX | XXX | XXX | XXX IL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 7.42 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 811 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 22.07% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 208 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—CU score 1 | 11/13/2025 | XXX approves XXX Waterfall for Valuation—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 742 is greater than Guideline minimum FICO of 700 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 208 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 742 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE1330 | Credit | Borrower 1<br>Paystubs<br>Missing | Borrower 1 Paystubs Missing Paystubs for XXX are not in file. | Pay stub | 11/18/2025 | Cleared as we have received the paystub. ; Borrower 1 Paystubs Provided | 11/20/2025 | Borrower has stable job time—Borrower has 12.13 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 766 is greater than Guideline minimum FICO of 700 D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We disagree with audit's ULI value The correct ULIS is ULI: XXX | 11/19/2025 | Resolved as we have received the ULI. ; Resolved as we have received the ULI. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Resolved as we have received the ULI. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/20/2025 | Borrower has stable job time—Borrower has 12.13 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 766 is greater than Guideline minimum FICO of 700 D A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Borrower has stable job time—Borrower has 12.13 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 766 is greater than Guideline minimum FICO of 700 D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 233 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—Per UCDP's provided LCA 1.5—CU score 1 | 11/13/2025 | XXX approves XXX waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.73 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 233 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.73 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 179 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—CU score 1.6 | 11/13/2025 | XXX approves XXX Waterfall for Valuation—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 10.77 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 179 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 10.77 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 192 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid CU score 2.2—LCA 2.5 per the UCDP's we provided | 11/13/2025 | XXX approved XXX Waterfall—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 796 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 33.98% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 13.77 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 192 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE7497 | Credit | Missing<br>verification<br>of taxes,<br>insurance,<br>and/or<br>HOA fees<br>for non-<br>subject<br>property | XXX mortgage statement for XXX was not provided for review. Please submit XXX mortgage statement for XXX | Statement | 11/13/2025 | Cleared as we have received the missing mortgage statement. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 796 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 33.98% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 13.77 years on job. D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 192 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 796 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 33.98% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 13.77 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | ULI | 11/18/2025 | Resolved as we have received the ULI from lender. ; Resolved as we have received the ULI from lender. ; Material Finding; Resolved as we have received the ULI from lender. ; Material Finding | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 11.52% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 17.44 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 57.97% is less than Guideline LTV of 75% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.97% is less than Guideline CLTV of 75% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 11.52% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 17.44 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 57.97% is less than Guideline LTV of 75% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.97% is less than Guideline CLTV of 75% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCOM3608 | Compliance | Intent to<br>Proceed is<br>Missing | The intent to proceed is missing. Documentation required to clear exception—Provide Intent to Proceed | Intent to Proceed | 11/19/2025 | Cleared as we have received the ITP from lender. ; Proof of Intent to Proceed has been provided.; Material | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 11.52% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 17.44 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 57.97% is less than Guideline LTV of 75% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.97% is less than Guideline CLTV of 75% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE0148 | Credit | FEMA<br>Declared<br>Disaster—For<br>Information<br>Only | FEMA declared XXX County in a disaster area (XXX) on XXX, with a release date of XXX. The 2 appraisals in the file are dated XXX and show no damage. Exception is for informational purposes only. |  |  |  |  | Qualifying DTI below max allowed.—Calculated DTI of 11.52% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 17.44 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 57.97% is less than Guideline LTV of 75% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.97% is less than Guideline CLTV of 75% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 200 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—2 appraisals were provided due to loan amount | 11/13/2025 | XXX approves XXX—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 807 is greater than Guideline minimum FICO of 740 Qualifying DTI below max allowed.—Calculated DTI of 34.73% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 200 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 807 is greater than Guideline minimum FICO of 740 Qualifying DTI below max allowed.—Calculated DTI of 34.73% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | XXX |  | XXX | XXX | XXX | XXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—See page 470 of the Original Submission bookmarks ; HVE | 11/17/2025 | XXX approves XXX waterfall— condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. ; Third Party Valuation Product Not Provided or Not Provided Within Tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.63% is less than Guideline DTI of 45% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | XXX |  | XXX | XXX | XXX | XXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE7497 | Credit | Missing<br>verification<br>of taxes,<br>insurance,<br>and/or<br>HOA fees<br>for non-<br>subject<br>property | XXX statement for XXX was not provided for review. Please submit XXX statement for XXX | The property and mtg noted are not for our borrower. Per the Final URLA the borrower only owns XXX and XXX | 11/13/2025 | Condition resolved as we have received evidence borrower doe snot own this property. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.63% is less than Guideline DTI of 45% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | XXX |  | XXX | XXX | XXX | XXX | MN | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 804 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 34.63% is less than Guideline DTI of 45% D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 215 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | finding-<br>3652 | Compliance | Lender<br>Credits<br>That<br>Cannot<br>Decrease<br>Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($3,493.60) does not exceed or equal the comparable sum of specific and non-specific lender credits ($6,794.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $3,300.40; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $3,300.40 is due to decrease from $6,794.00 to $3,493.60 for the Lender's Credit. | COC | 11/18/2025 | Resolved as we have received the valid COC for credit decrease. ; Resolved as we have received the valid COC for credit decrease. | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 778 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 215 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—See page 510 of the package we sent—HVE has already been provided | 11/13/2025 | XXX approves XXX waterfall— condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 778 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 215 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 778 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance |  | Invalid—See page 920 of the Original submission bookmarks ; HVE | 11/17/2025 | Third party valuation product provided within tolerance.; XXX approves XXX Waterfall for Valuation—condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/25/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCOM1221 | Credit | The Deed<br>of Trust is<br>Incomplete | The Deed of Trust is Incomplete The executed copy of mortgage shows incorrect vesting order of 'husband and wife', which has an arrow drawn to it and indicates "fix". Unexecuted copy shows correct vesting order of 'wife and husband'. | Mortgage | 11/18/2025 | Cleared as we have received complete DOT from lender. ; The Deed of Trust is Present and Complete | 11/20/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCOM1232 | Credit | The Final<br>1003 is<br>Missing | The Final 1003 is Missing The Final 1003 is Missing | Final 1003 | 11/18/2025 | Resolved as we have received the 1003.; The Final 1003 is Present | 11/20/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/17/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree | 11/13/2025 | Lender agreed with audit values. Condition cleared. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 17606.95 vs Lender Total Loan Costs 17522.95. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A B C |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | FPRO8998 | Property | No Property<br>Findings | Property and valuations related findings were not identified on the loan. |  |  | Informational Only | 10/31/2025 | Borrower has stable job time—Borrower has 2.35 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 784 is greater than Guideline minimum FICO of 700 D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Lender Total Loan Costs is $17,492.76. Please review the uploaded PCCD. | 11/24/2025 | Lender provided PCCD supporting Lender value for Total Loan Costs of $17,492.76. Condition cleared.; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 17582.76 vs Lender Total Loan Costs 17492.76. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 764 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 31.25% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 79% is less than Guideline LTV of 89.99% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 764 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 31.25% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 79% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/29/2025 | Resolved | finding-<br>3526 | Compliance | Revised<br>Loan<br>Estimate<br>Delivery<br>Date<br>Test<br>(prior to<br>consummation) | This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. Documentation required: Provide documentation to show the borrower received the revised LE issued XXX at least 4 days prior to consummation date of XXX. | LE delivery | 11/18/2025 | Cleared as we have received evidence of LE receipt date. ; Cleared as we have received evidence of LE receipt date. | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 764 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 31.25% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 79% is less than Guideline LTV of 89.99% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  | Invalid—LCA 1 CU score 1.8 per the UCDP's provided | 11/13/2025 | XXX approved XXX waterfall— condition cleared; Audit reviewed Lender's response and has determined a CDA is a XXX overlay requirement. Please provide CDA to meet overlay requirements. Condition retained. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 764 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 31.25% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 79% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 341 | XXX |  | XXX | XXX | XXX | XXX | LA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—CU score 1.3, LCA could not be assessed per the UCDP's already provided | 11/17/2025 | XXX approves usage of XXX Waterfall. ; Third party valuation product provided within tolerance. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 736 is greater than Guideline minimum FICO of 720 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 61.36% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 61.36% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 341 | XXX |  | XXX | XXX | XXX | XXX | LA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | We disagree—the Lender value ULI is correct. We create ULI's for NonDel clients | 11/17/2025 | Resolved as we have received lenders ULI. ; Resolved as we have received lenders ULI. ; Material Finding; Resolved as we have received lenders ULI. ; Material Finding | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 736 is greater than Guideline minimum FICO of 720 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 61.36% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 61.36% is less than Guideline LTV of 80% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 341 | XXX |  | XXX | XXX | XXX | XXX | LA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 736 is greater than Guideline minimum FICO of 720 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 61.36% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 61.36% is less than Guideline LTV of 80% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  | XXX | XXX | XXX | XXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 11/20/2025 | Rescinded | FCRE1192 | Credit | Audited<br>Reserves<br>are less than<br>AUS<br>Required<br>Reserves<br>(Number of<br>Months) | Audited Reserves of 7.07 month(s) are less than AUS Required Reserves of 14 month(s) | Invalid—No reserves required per AUS | 11/21/2025 | Audited Reserves of 7.07 month(s) are greater than or equal to AUS Required Reserves of 3 month(s) The Correspondent guidelines require the greater of 3 months PITIA or per the AUS. The AUS does not require reserves and borrower does not own additional REO properties; therefore, the 3 months PITIA would be the greater reserves required. Borrower's verified assets are sufficient for 3 months PITIA reserves. Condition rescinded. | 11/24/2025 | C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  | XXX | XXX | XXX | XXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 11/20/2025 | Rescinded | FCRE1198 | Credit | Audited<br>Reserves<br>are less than<br>Guideline<br>Required<br>Reserves<br>(Number of<br>Months) | Audited Reserves of 7.07 month(s) are less than Guideline Required Reserves of 14 month(s) | Invalid—No reserves required per AUS | 11/21/2025 | Audited Reserves of 7.07 month(s) are greater than or equal to Guideline Required Reserves of 0 month(s) The Correspondent guidelines require the greater of 3 months PITIA or per the AUS. The AUS does not require reserves and borrower does not own additional REO properties; therefore, the 3 months PITIA would be the greater reserves required. Borrower's verified assets are sufficient for 3 months PITIA reserves. Condition rescinded. | 11/24/2025 | C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  | XXX | XXX | XXX | XXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 10/30/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation. | Appraisal delivery | 11/18/2025 | Evidence of appraisal delivery provided.; Material Finding | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 752 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  | XXX | XXX | XXX | XXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | ULI | 11/17/2025 | Resolved as we have received enders ULI. ; Resolved as we have received enders ULI. ; Material Finding; Resolved as we have received enders ULI. ; Material Finding | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 752 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  | XXX | XXX | XXX | XXX | NV | QM: Safe Harbor APOR (APOR SH) | Curative | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/18/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 752 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 257 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 79.98% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 754 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79.98% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 3.38 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 204 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—CU score 2.3, LCA score 1.5 per the UCDP's already provided | 11/17/2025 | XXX approved XXX waterfall— condition cleared; Third party valuation product provided within tolerance. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.53% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.53% is less than Guideline LTV of 80% Borrower has stable job time—Borrower has 2.29 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 204 | XXX |  | XXX | XXX | XXX | XXX | OR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.53% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.53% is less than Guideline LTV of 80% Borrower has stable job time—Borrower has 2.29 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 314 | XXX |  | XXX | XXX | XXX | XXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's values for the following; ULI: XXX Total Loan Costs : $5,577.76 NMLS: XXX | 11/19/2025 | Resolved as lender agrees with audit. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. AND Audit Total Loan Costs 5577.76 vs Lender Total Loan Costs MISSING. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/21/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 74.79% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.79% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 21.03% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.77 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 314 | XXX |  | XXX | XXX | XXX | XXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 74.79% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.79% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 21.03% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.77 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 349 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/19/2025 | Resolved as we have received the ULI. ; Resolved as we have received the ULI. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI—missing in loan file. Please provide Universal Loan Identifier (ULI).; Resolved as we have received the ULI. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI—missing in loan file. Please provide Universal Loan Identifier (ULI). | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 12.56% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.94 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 78.88% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 78.88% is less than Guideline LTV of 89.99% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 349 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/07/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 12.56% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.94 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 78.88% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 78.88% is less than Guideline LTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 349 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. | Appraisal Delivery | 11/19/2025 | Evidence of appraisal delivery provided.; Material Finding | 11/20/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 12.56% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 2.94 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 78.88% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 78.88% is less than Guideline LTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  | XXX | XXX | XXX | XXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—CU Score 1, LCA could not be assessed per the UCDP's already provided | 11/17/2025 | XXX approves XXX Waterfall for Valuation; Third party valuation product provided within tolerance. | 11/18/2025 | Borrower has stable job time—Borrower has 23.04 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.23% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.23% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  | XXX | XXX | XXX | XXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE1148 | Credit | Title<br>Coverage is<br>Less than<br>Subject<br>Lien | Title Coverage Amount of $896000 is Less than Total Amount of Subject Lien $XXX Provide Title Coverage Amount of Subject Lien $XXX | Title | 11/17/2025 | Lender provided title with coverage of $915,270. Condition cleared.; Title Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX; Material; Title Coverage Amount of $896000 is Less than Total Amount of Subject Lien $XXX Provide Title Coverage Amount of Subject Lien $XXX | 11/18/2025 | Borrower has stable job time—Borrower has 23.04 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.23% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.23% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  | XXX | XXX | XXX | XXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI | 11/17/2025 | Lender provided snippet of Ecompass verifying valid ULI of XXX. Condition cleared. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/18/2025 | Borrower has stable job time—Borrower has 23.04 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.23% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.23% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  | XXX | XXX | XXX | XXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCOM3849 | Compliance | Evidence<br>of<br>Appraisal<br>Delivery<br>to<br>Borrower<br>not<br>Provided<br>or Late<br>(12 CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX. | Appraisal Delivery | 11/17/2025 | Lender provided verification of Borrower's receipt of appraisal. Condition cleared. ; Evidence of appraisal delivery provided.; Material; The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation XXX. | 11/18/2025 | Borrower has stable job time—Borrower has 23.04 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.23% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.23% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  | XXX | XXX | XXX | XXX | AR | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 23.04 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.23% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 69.23% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 353 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/30/2025 | Resolved | FCOM3849 | Compliance | Evidence<br>of<br>Appraisal<br>Delivery<br>to<br>Borrower<br>not<br>Provided<br>or Late<br>(12 CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least 3 business days prior to consummation date | Appraisal Delivery | 11/17/2025 | Resolved as we have received the Appraisal delivery. ; Evidence of appraisal delivery provided.; Material Finding | 11/18/2025 | Borrower has stable job time—Borrower has 2.87 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 770 is greater than Guideline minimum FICO of 720 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 353 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI is missing. Lender may clear finding by providing documentation to support their value. | ULI | 11/17/2025 | Resolved as we have received the missing ULI. ; Resolved as lender submitted missing ULI. ; Resolved as we have received the missing ULI. ; Resolved as lender submitted missing ULI. ; Material Finding; Resolved as we have received the missing ULI. ; Resolved as lender submitted missing ULI. ; Material Finding | 11/18/2025 | Borrower has stable job time—Borrower has 2.87 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 770 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 353 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/18/2025 | Borrower has stable job time—Borrower has 2.87 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 770 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 311 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/07/2025 | Resolved | FCOM5135 | Compliance | Missing<br>Required<br>Affiliated<br>Business<br>Disclosure | Required Affiliated Business Disclosure Missing | AfBD | 11/14/2025 | Lender provided attestation of no affiliates. Condition cleared. ; Required Affiliated Business Disclosure Documentation Provided; Material Finding | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 721 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 311 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/07/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 721 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 311 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's value for the following; ULI—XXX Total loan costs: $12998.62 NMLS: XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared.; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. AND Audit Total Loan Costs 12998.62 vs Lender Total Loan Costs MISSING. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 721 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 324 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Curative | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA provided. Condition cleared.; HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/17/2025 | Borrower has stable job time—Borrower has 2.36 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.17% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 324 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Property City XXX vs Lender Property City XXX. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING, AND Audit Total Loan Costs 12516.6 vs Lender Total Loan Costs MISSING, AND Audit ULI is XXX VS lenders missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | We agree with audit's value for the following; ULI— XXX Total loan costs $12,516.60 City—XXX NMLS—XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared. ; Material Finding | 11/17/2025 | Borrower has stable job time—Borrower has 2.36 years on job. Qualifying DTI below max allowed.—Calculated DTI of 33.17% is less than Guideline DTI of 50% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 288 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 246 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 76.48% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 779 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 3.55 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 76.48% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE5774 | Credit | Borrower 1<br>Credit<br>Report is<br>Incomplete | Borrower 1 Credit Report is Partially Present. Missing verification of monthly taxes amount for property at XXX. | Property tax | 11/14/2025 | Resolved as we have received the PITI info from lender. | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 63.57% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 11.25 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.57% is less than Guideline CLTV of 89.99% D A C B |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE1184 | Credit | AUS Not<br>Provided | Missing AUS Missing complete and the most recent AUS with submission # 13. | AUS | 11/14/2025 | Cleared as we have received the AUS. ; AUS is not missing | 11/18/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 63.57% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 11.25 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.57% is less than Guideline CLTV of 89.99% D A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. 62641 |  |  | HMDA provided. Condition cleared.; HMDA Data Tape Provided. | 11/17/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 63.57% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 11.25 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.57% is less than Guideline CLTV of 89.99% D A C B |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's values for the following; 1) Loan Originator NMLS ID – XXX 2) Total Loan Costs $2884.70 3) ULI XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared.; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 2884.7 vs Lender Total Loan Costs MISSING, AND Audit ULI XXX VS lender ULI missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 63.57% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 11.25 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 63.57% is less than Guideline CLTV of 89.99% D A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 225 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 52.55% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 52.55% is less than Guideline LTV of 80% Borrower has stable job time—Borrower has 3.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 768 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 30.56% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 225 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 5118.70 vs Lender Total Loan Costs 5038.70. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | Total Loan Costs is $5,038.70. Please review the uploaded PCCD. | 11/24/2025 | Lender provided PCCD reflecting updated Total Loan Costs of $5,038.70, supporting Lender's value. Condition cleared.; Material Finding | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 52.55% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 52.55% is less than Guideline LTV of 80% Borrower has stable job time—Borrower has 3.33 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 768 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 30.56% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 189 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE1316 | Credit | Borrower 1<br>3rd Party<br>VOE Prior<br>to Close<br>Missing | Borrower 1 3rd Party VOE Prior to Close Missing | Invalid—VOE completed XXX—Note date XXX | 11/17/2025 | Lender provided email correspondence and business license search dated within 120 days of the Note date. Condition cleared.; Borrower 1 3rd Party VOE Prior to Close Was Provided | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 17.85% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 782 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 62.56% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 19.53 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 62.56% is less than Guideline CLTV of 89.99% D A C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 189 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third<br>Party<br>Valuation<br>Product<br>Not<br>Provided<br>within<br>10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—CU score 1.5, LCA could not be assesed per the UCDP's already provided | 11/17/2025 | XXX approved XXX waterfall— condition cleared; Third party valuation product provided within tolerance. | 11/18/2025 | Qualifying DTI below max allowed.—Calculated DTI of 17.85% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 782 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 62.56% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 19.53 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 62.56% is less than Guideline CLTV of 89.99% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 189 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying DTI below max allowed.—Calculated DTI of 17.85% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 782 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 62.56% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 19.53 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 62.56% is less than Guideline CLTV of 89.99% D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 228 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 53.14% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 53.14% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 787 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 351 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added. ; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 6.67 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 65.07% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65.07% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 29.96% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 351 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI is XXX. Please review the uploaded screenshot. Thank you ; XXX create ULI for this client | 11/25/2025 | Lender provided updated ULI verification—condition cleared; Lender provided snippet of Work Dashboard; however, it is not for the subject transaction. Please provide documentation to verify the valid ULI for the subject transaction. Condition retained.; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. ; Lender provided updated ULI verification—condition cleared; Lender provided snippet of Work Dashboard; however, it is not for the subject transaction. Please provide documentation to verify the valid ULI for the subject transaction. Condition retained.; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/25/2025 | Borrower has stable job time—Borrower has 6.67 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 65.07% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65.07% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 29.96% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCOM5135 | Compliance | Missing<br>Required<br>Affiliated<br>Business<br>Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide missing Affiliated Business Disclosure dated within 3 business days of application XXX. | Affiliated Business Disclosure | 11/14/2025 | Lender provided Affiliated business Disclosure. Condition cleared. ; Required Affiliated Business Disclosure Documentation Provided; Material; Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide missing Affiliated Business Disclosure dated within 3 business days of application XXX | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 32.26% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA provided. Condition cleared.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 32.26% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's values for the following; 1) Loan Originator NMLS ID – XXX 2) Total Loan Costs $5855.70 3) ULI is XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 5855.7 vs Lender Total Loan Costs MISSING, Audit ULI is XXX VS lenders ULI missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 32.26% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance |  |  |  | Third party valuation product provided within tolerance. | 11/04/2025 | Qualifying DTI below max allowed.—Calculated DTI of 32.26% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 771 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 198 | XXX |  | XXX | XXX | XXX | XXX HI | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Borrower has stable job time—Borrower has 35.16 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/07/2025 | Acknowledged | FCRE1159 | Credit | Hazard<br>Insurance<br>Effective<br>Date is after<br>the<br>Disbursement<br>Date | Hazard Insurance Effective Date of 10-23-2025 is after the Disbursement Date of XXX. Missing a copy of the policy declarations page in effect prior to the note date/disbursement date | Transaction is a refinance with taxes & insurance escrowed with prior loan. XXX has the renewal policy with the effective date of XXX. NO lender would allow an uninsured mortgage | 11/18/2025 | Obtained BPO confirming no damages, Lender provided mortgage statement showing hazard insurance was escrowed at time of close. Documentation sufficient to show no damages during gap in insurance coverage. Exception acknowledged. Final grade will be a B.; The finding remains as we are missing evidence of hazard insurance coverage from closing date to disbursement date. | 11/25/2025 | Borrower has stable job time—Borrower has 6.79 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70.29% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.29% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI: XXX Total Loan Costs : $4,881.70 per the PCCD NMLS: XXX | 11/19/2025 | Lender agreed with audit value for ULI of XXX, NMLS and provided PCCD supporting Lender's value for Total Loan Costs of $4,881.70. Condition cleared.; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. AND Audit Total Loan Costs 5081.70 vs Lender Total Loan Costs MISSING. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/21/2025 | Borrower has stable job time—Borrower has 6.79 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70.29% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.29% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/07/2025 | Resolved | FCRE3606 | Credit | HMDA Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Borrower has stable job time—Borrower has 6.79 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70.29% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.29% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 760 is greater than Guideline minimum FICO of 700 C B A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation. The appraisal acknowledgment disclosure does not specify if the borrower waived the timing requirements or if the appraisal was received the minimum 3 days prior to consummation. | Appraisal Delivery | 11/19/2025 | Resolved as we have received evidence of appraisal delivery. ; Evidence of appraisal delivery provided.; Material Finding | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 14.48 years on job. Qualifying DTI below max allowed.—Calculated DTI of 29.98% is less than Guideline DTI of 50% Original LTV is Below the Guideline Maximum—Calculated LTV of 65% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI- | 11/18/2025 | Resolved as we have received lenders ULI. ; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value.; Resolved as we have received lenders ULI. ; Material Finding; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 14.48 years on job. Qualifying DTI below max allowed.—Calculated DTI of 29.98% is less than Guideline DTI of 50% Original LTV is Below the Guideline Maximum—Calculated LTV of 65% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added.; HMDA Data Tape Provided. | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 14.48 years on job. Qualifying DTI below max allowed.—Calculated DTI of 29.98% is less than Guideline DTI of 50% Original LTV is Below the Guideline Maximum—Calculated LTV of 65% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Provide Third Party Valuation Product Provided Within Tolerance. |  |  | XXX approved XXX waterfall—condition cleared; Third party valuation product provided within tolerance. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 65% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 14.48 years on job. Qualifying DTI below max allowed.—Calculated DTI of 29.98% is less than Guideline DTI of 50% Original LTV is Below the Guideline Maximum—Calculated LTV of 65% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 790 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 212 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 68.01% is less than Guideline LTV of 80% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.01% is less than Guideline CLTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 25.89% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 9.25 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 186 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | PCCD—total Loan costs $13,247.70 | 11/19/2025 | Resolved as we have received the total loan costs. ; Resolved as we have received the total loan costs. ; Material; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 13647.70 vs Lender Total Loan Costs 13247.70. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Resolved as we have received the total loan costs. ; Material; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 13647.70 vs Lender Total Loan Costs 13247.70. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Material Finding | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 73.37% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.56% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 35.57% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 18.1 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 186 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided.; Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. | 11/20/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 73.37% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.56% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 35.57% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 18.1 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 186 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. XXX to order. |  |  | XXX approved XXX—condition cleared; Third party valuation product provided within tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. XXX to order. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 73.37% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70.56% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 35.57% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 18.1 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX, Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | ULI is XXX. Please review the uploaded 1003 | 11/24/2025 | Lender provided 1003 supporting Lender's value for ULI of XXX. Condition cleared. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.79% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 788 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 19.5 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.79% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 788 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 19.5 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). A 3-day waiver was provided, however, evidence of appraisal delivery at or before consummation is missing. | Appraisal mailed to borrower on XXX | 11/19/2025 | Evidence of appraisal delivery provided.; Material Finding | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.79% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 788 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 19.5 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 222 | XXX |  | XXX | XXX | XXX | XXX | MD | QM: Safe Harbor APOR (APOR SH) | Curative | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/11/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 58.12% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 9.29 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 58.12% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 22.29% is less than Guideline DTI of 50% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 190 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/07/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 757 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 32.62% is less than Guideline DTI of 50% Borrower has stable job time—Borrower has 3.63 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 234 | XXX |  | XXX | XXX | XXX | XXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | finding-<br>3652 | Compliance | Lender<br>Credits<br>That<br>Cannot<br>Decrease<br>Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($11,556.38) does not exceed or equal the comparable sum of specific and non-specific lender credits ($12,094.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $537.62; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of $537.62 is due to decrease from $12,094 to $11,566.68 for the LC from LE XXX to CD XXX. The loan amount decreased on CD XXX which is a valid reason for the decrease, but we need a COC to determine the date the change occurred. | COC | 11/14/2025 | Condition cleared as we have received the valid COC for credit decrease. ; Condition cleared as we have received the valid COC for credit decrease. ; This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($11,556.38) does not exceed or equal the comparable sum of specific and non-specific lender credits ($12,043.58). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). | 11/18/2025 | Borrower has stable job time—Borrower has 12.88 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 769 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 5.5% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 234 | XXX |  | XXX | XXX | XXX | XXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Borrower has stable job time—Borrower has 12.88 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 769 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 5.5% is less than Guideline DTI of 45% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 227 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FCRE1148 | Credit | Title<br>Coverage<br>is Less<br>than<br>Subject<br>Lien | Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX The title coverage identified is from the original qualifying loan amount of $XXX. However, as of XXX, the loan amount was increased to $XXX. | Title Coverage | 11/20/2025 | Lender provided title with coverage of $XXX. Condition cleared.; Title Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX; Material Finding | 11/21/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 69.72% is less than Guideline LTV of 80% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.72% is less than Guideline CLTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 33.12% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.07 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 227 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | finding-<br>3635 | Compliance | Charges<br>That In<br>Total<br>Cannot<br>Increase<br>More<br>Than<br>10% Test | This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($215.00) exceed the comparable charges ($186.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required. Refund in the amount of $10.40, cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The tolerance is due to increased Mortgage recording Fee from $186 to $215 from LE XXX to CD XXX | COC | 11/19/2025 | Cleared as we have received the missing COC from lender. ; Cleared as we have received the missing COC from lender. | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 69.72% is less than Guideline LTV of 80% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.72% is less than Guideline CLTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 33.12% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.07 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 227 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/11/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 69.72% is less than Guideline LTV of 80% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 69.72% is less than Guideline CLTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 33.12% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.07 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 223 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 9860.60 vs Lender Total Loan Costs 9745.60. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | Loan Costs $9,745.60. Please review the updated PCCD. | 11/24/2025 | Lender provided PCCD supporting Lender's value for Total Loan Costs of $9,745.60. Condition cleared.; Finding remains as nothing was received from the lender. ; Material Finding | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 795 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 57.94% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.94% is less than Guideline CLTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 223 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 795 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 57.94% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 57.94% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 271 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Total Loan Costs 14735.78. Please review the uploaded PCCD | 11/24/2025 | Resolved as we have received lenders total. ; Resolved as we have received lenders total. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 15375.84 vs Lender Total Loan Costs 14735.78. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Resolved as we have received lenders total. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 15375.84 vs Lender Total Loan Costs 14735.78. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 79.91% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 4.81 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79.91% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 775 is greater than Guideline minimum FICO of 700 C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 271 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 79.91% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 4.81 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 79.91% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 775 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 312 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA provided. Condition cleared.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.45 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 312 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | NMLS ID XXX, Lender Total Loan Costs $8,827.70, ULI XXX. Attached the PCCD and Final 1003 | 11/24/2025 | Lender confirmed/provided documentation—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 8877.7 vs Lender Total Loan Costs MISSING, ALSO Audit ULI number is missing from loan file, Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Lender confirmed/provided documentation—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 8877.7 vs Lender Total Loan Costs MISSING, ALSO Audit ULI number is missing from loan file, Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.45 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree Total Loan Costs is $3261.40. | 11/24/2025 | Lender agreed with audit—condition cleared; Lender agreed with audit—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 3261.4 vs Lender Total Loan Costs 3011.4. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Lender agreed with audit—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 3261.4 vs Lender Total Loan Costs 3011.4. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Borrower has stable job time—Borrower has 19.27 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 54.65% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 54.65% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 680 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 19.27 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 54.65% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 54.65% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 680 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 10/31/2025 | Resolved | FCRE1199 | Credit | Audited<br>Loan<br>Amount is<br>greater than<br>Guideline<br>Maximum<br>Loan<br>Amount | Audited Loan Amount of $XXX is greater than the Guideline Maximum Loan Amount of $806500 |  |  | Audited Loan Amount of $XXX is less than or equal to the Guideline Maximum Loan Amount of $3000000 | 11/20/2025 | Borrower has stable job time—Borrower has 19.27 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 54.65% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 54.65% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 680 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  | XXX | XXX | XXX | XXX GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | finding-<br>3652 | Compliance | Lender<br>Credits<br>That<br>Cannot<br>Decrease<br>Test | This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($3,171.90) does not exceed or equal the comparable sum of specific and non-specific lender credits ($3,172.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($3,171.90) does not exceed or equal the comparable sum of specific and non-specific lender credits ($3,172.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). |  |  | N/A, LC didn't decrease. | 11/04/2025 | Borrower has stable job time—Borrower has 19.27 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 54.65% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 54.65% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 803 is greater than Guideline minimum FICO of 680 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  | XXX | XXX | XXX | XXX | PA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | finding-<br>3526 | Compliance | Revised<br>Loan<br>Estimate<br>Delivery<br>Date<br>Test<br>(prior to<br>consummation) | This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii))The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. Revised LE dated XXX; Initial CD dated XXX, cannot share same issue date. | Revised LE & Initial CD response | 11/19/2025 | Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXXwas not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared. | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 29.89% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 779 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 7.8 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  | XXX | XXX | XXX | XXX | PA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | finding-<br>4001 | Compliance | TRID<br>Disclosure<br>Delivery<br>Date<br>Validation<br>Test | This loan failed the TRID disclosure delivery date validation test.The loan contains one of the following conditions:A revised loan estimate delivery date is before the initial loan estimate.A revised closing disclosure is before the revised closing disclosure.A closing disclosure delivery date is on or before a loan estimate delivery date.A post-consummation revised closing disclosure delivery date is on or before a closing disclosure delivery date or loan estimate delivery date. Revised LE dated XXX; Initial CD dated XXX, cannot share same issue date. |  |  | Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared.; Lender provided verification the CD dated XXX was not provided to the Borrower. Audit re-ran compliance and has determined fees and timing are within tolerance. Condition cleared. | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 29.89% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 779 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 7.8 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  | XXX | XXX | XXX | XXX | PA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Provide evidence the appraisal was delivered to the borrower a minimum of 3 business days prior to consummation. The appraisal transfer does not provide evidence the borrower received a copy. | Appraisal Delivery | 11/18/2025 | Cleared as we have received evidence of appraisal delivery. ; Evidence of appraisal delivery provided.; Material Finding | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 29.89% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 779 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 7.8 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  | XXX | XXX | XXX | XXX | PA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/11/2025 | Qualifying DTI below max allowed.—Calculated DTI of 29.89% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 779 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 7.8 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 259 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 17640.06 vs Lender Total Loan Costs 17565.06. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | Total Loan Costs is $23,338.85> Please review the uploaded CD. | 11/24/2025 | Resolved as we have received the total costs form lender. ; Resolved as we have received the total costs form lender. ; Remains active as we have not received anything from lender. ; Material; Material Finding; Resolved as we have received the total costs form lender. ; Remains active as we have not received anything from lender. ; Material; Material Finding; Material Finding | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 717 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 23.33 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 259 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe<br> Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/07/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 717 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 50% is less than Guideline CLTV of 89.99% Borrower has stable job time—Borrower has 23.33 years on job. Original LTV is Below the Guideline Maximum—Calculated LTV of 50% is less than Guideline LTV of 89.99% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 295 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Qualifying DTI below max allowed.—Calculated DTI of 23.98% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 5.49 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 275 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/24/2025 | Borrower has stable job time—Borrower has 10.85 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 68% is less than Guideline LTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 783 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 322 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA provided. Condition cleared.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 762 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.93 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 322 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's values for the following; 1) Loan Originator NMLS ID – XXX 2) Total Loan Costs 7717.95 3) ULI XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared. ; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 7717.95 vs Lender Total Loan Costs MISSING, AND Audit ULI is XXX VS lender s missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 762 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.93 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 322 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/03/2025 | Resolved | FCOM5135 | Compliance | Missing<br>Required<br>Affiliated<br>Business<br>Disclosure | Required Affiliated Business Disclosure Missing Documentation Required to clear exception—Provide copy of Affiliated Business Disclosure dated within 3 business days of application XXX | Affiliated Business Disclosure | 11/14/2025 | Lender provided Affiliated business Disclosure. Condition cleared. ; Required Affiliated Business Disclosure Documentation Provided; Material; Required Affiliated Business Disclosure Missing Documentation Required to clear exception—Provide copy of Affiliated Business Disclosure dated within 3 business days of application XXX | 11/17/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 762 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.93 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 327 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, additional discrepancy finding added.; HMDA Data Tape Provided. | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 28.63% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 740 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.02 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 327 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit street address XXX vs Lender value XXX B. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. AND Audit Total Loan Costs 31768.45 vs Lender Total Loan Costs MISSING, Audit ULI XXX VS Lenders ULI missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | We agree with audit's values for the following; 1) street address XXX 2) street address XXX 3) Total Loan Costs 31768.45 4) ULI XXX | 11/14/2025 | Lender agreed with audit values. Condition cleared. ; Material Finding | 11/17/2025 | Qualifying DTI below max allowed.—Calculated DTI of 28.63% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 740 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 4.02 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 290 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/11/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 239 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/05/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 5.8 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 47.53% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 720 Original LTV is Below the Guideline Maximum—Calculated LTV of 47.53% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 239 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Total Loan Costs $13,489.48. Please review the PCCD. | 11/24/2025 | Lender provided documentation to clear (PCCD)—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 13485.45 vs Lender Total Loan Costs 13489.48. Lender can clear finding by agreeing with audit value or providing documentation to support their value. ; Lender provided documentation to clear (PCCD)—condition cleared; Material Finding; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 13485.45 vs Lender Total Loan Costs 13489.48. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Borrower has stable job time—Borrower has 5.8 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 47.53% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 720 Original LTV is Below the Guideline Maximum—Calculated LTV of 47.53% is less than Guideline LTV of 89.99% C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/04/2025 | Resolved | finding-<br>3532 | Compliance | Initial<br>Closing<br>Disclosure<br>Delivery<br>Date Test | This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii))The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. Provide evidence the ICD dated XXX was received a minimum of 3 business days prior to consummation XXX | ICD delivery | 11/19/2025 | Cleared as we have received evidence of receipt date. ; Cleared as we have received evidence of receipt date. | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 30.96% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 753 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.71 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | We agree with audit's values for the following; ULI: XXX Total Loan Costs : $6,799.50 NMLS: XXX | 11/19/2025 | Cleared as lender agrees with audit. ; Cleared as lender agrees with audit. ; Material; Material Finding; The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. AND Audit Total Loan Costs 6799.50 vs Lender Total Loan Costs MISSING. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Cleared as lender agrees with audit. ; Material; Material Finding; The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. AND Audit Total Loan Costs 6799.50 vs Lender Total Loan Costs MISSING. AND Audit Mortgage Loan Originator NMLS ID – XXX vs Lender NMLS ID—MISSING. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Material Finding | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 30.96% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 753 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.71 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE1148 | Credit | Title<br>Coverage is<br>Less than<br>Subject<br>Lien | Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX The preliminary title was effective 9/11/25 prior to the loan amount change on XXX | Title Policy | 11/19/2025 | Title Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX; Material Finding | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 30.96% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 753 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.71 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/06/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 80% Qualifying DTI below max allowed.—Calculated DTI of 30.96% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 80% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 753 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.71 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 266 | XXX |  | XXX | XXX | XXX | XXX | UT | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. CA to order. |  |  | XXX approves XXX waterfall—condition cleared; Third party valuation product provided within tolerance.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. XXX to order. | 11/18/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 75.31% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 808 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 75.31% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 266 | XXX |  | XXX | XXX | XXX | XXX | UT | QM: Safe Harbor APOR (APOR SH) | Curative | 11/11/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA data received, no discrepancies noted, condition cleared. ; HMDA Data Tape Provided. | 11/14/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 75.31% is less than Guideline CLTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 808 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 75.31% is less than Guideline LTV of 89.99% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | ULI is XXX. | 11/24/2025 | Lender provided snippet of XXX verifying valid ULI of XXX. Condition cleared.; Lender provided snippet of XXX verifying valid ULI of XXX. Condition cleared. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 43.81% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 43.81% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 31.83% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.3 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 43.81% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 43.81% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 31.83% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.3 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FPRO9990 | Property | Third Party<br>Valuation<br>Product Not<br>Provided<br>within 10%<br>Tolerance | Third Party Valuation Product Not Provided or Not Provided Within Tolerance. | Invalid—HVE provided in original submission under page 314 | 11/21/2025 | Third party valuation product provided within tolerance.; Per XXX direction, XXX Guideline waterfall direction to be followed. The HVE in file reflects 11% FSD score and value is within 10% of the appraisal value, which meets guideline requirements. Condition resolved. | 11/24/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 43.81% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 43.81% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 31.83% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.3 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/14/2025 | Resolved | FCOM3849 | Compliance | Evidence of<br>Appraisal<br>Delivery to<br>Borrower<br>not<br>Provided or<br>Late (12<br>CFR<br>1002.14(a)(1)) | The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least 3-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). Please provide evidence borrower received Appraisal within required 3 days prior to consummation | Appraisal Delivery | 11/20/2025 | Lender provided verification of Borrower's receipt of appraisal. Condition cleared. ; Evidence of appraisal delivery provided.; Material Finding | 11/21/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 43.81% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 43.81% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 31.83% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.3 years on job. C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 289 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/18/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 24.82% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 2.73 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 365 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI is XXX. Please review the uploaded doc. | 11/24/2025 | Lender provided snippet of XXX verifying valid ULI of XXX. Condition cleared.; HMDA discrepancy noted: Audit ULI missing. Lender may clear finding by providing documentation to support their value. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.51% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 8.14 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 365 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.51% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 8.14 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 292 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 5.41 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 814 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 31.57% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 37.26 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  | XXX | XXX | XXX | XXX | FL | QM: Safe Harbor APOR (APOR SH) | Curative | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit Total Loan Costs 40806.20 vs Lender Total Loan Costs 41151.20. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | Lender Total Loan Costs $41,151.20, PCCD is uploaded | 11/25/2025 | PCCD provided—condition cleared; Material; Material; PCCD provided—condition cleared; Material; Material | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 31.57% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 37.26 years on job. D A B C |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Curative | 11/17/2025 | Resolved | FCOM9610 | Compliance | Missing<br>Power of<br>Attorney | Missing Power of Attorney and/or POA Does Not Meet Guideline Requirements | POA | 11/19/2025 | Resolved as we have received the POA. | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 31.57% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 37.26 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Curative | 11/17/2025 | Resolved | FCRE0377 | Credit | The Total<br>Hazard<br>Coverage is<br>LESS than<br>the<br>Required<br>Coverage<br>Amount | The hazard insurance dwelling coverage of ($712500) is insufficient, not meeting the required coverage amount of ($XXX). | RCE | 11/19/2025 | Cleared as we have received the RCE. ; The Total Hazard Coverage is greater than or equal to the Required Coverage Amount | 11/20/2025 | Qualifying DTI below max allowed.—Calculated DTI of 31.57% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 744 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 37.26 years on job. D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 245 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/18/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA review completed, no Level 3 findings noted, condition cleared.; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 12.68 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 741 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 15.59% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 245 | XXX |  | XXX | XXX | XXX | XXX FL | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/18/2025 | Resolved | FPRO0951 | Property | Condo<br>Approval<br>Missing | Condo Approval Missing. Provide Condo Approval | CPM | 11/20/2025 | Lender provided Condo approval. Condition cleared.; Condo Approval is provided.; Material Finding | 11/21/2025 | Borrower has stable job time—Borrower has 12.68 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 741 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 15.59% is less than Guideline DTI of 45% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 373 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI is XXX. Please review the uploaded doc. | 11/24/2025 | Lender provided snippet of Ecompass verifying valid ULI of XXX. Condition cleared.; HMDA discrepancy noted: Audit ULI XXX vs Lender value XXX , Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 680 Borrower has stable job time—Borrower has 8.3 years on job. C A B |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 373 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 794 is greater than Guideline minimum FICO of 680 Borrower has stable job time—Borrower has 8.3 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 374 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/17/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 28.2% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 4.24 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 374 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | ULI is XXX; Can you please provide details about HMDA discrepancies? | 11/25/2025 | ULI provided by Lender—condition cleared; Material; Audit reviewed Lender's response and has determined the HMDA discrepancy is due to missing ULI. Please provide valid ULI. Condition retained.; HMDA discrepancy noted: Audit value Missing. Lender may clear finding by providing documentation to support their value.; ULI provided by Lender—condition cleared; Material; Audit reviewed Lender's response and has determined the HMDA discrepancy is due to missing ULI. Please provide valid ULI. Condition retained.; HMDA discrepancy noted: Audit value Missing. Lender may clear finding by providing documentation to support their value. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 28.2% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 767 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 4.24 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 308 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/18/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.89% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.89% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 27.74% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 800 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.66 years on job. C A B |

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 308 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Total Loan Cost is $14,290.90, NMLS ID is XXX. Please review the uploaded PCCD. ; Agree with the Audit ULI XXX | 11/25/2025 | Lender agreed with ULI and NMLS—provided PCCD for TLC—condition cleared; Lender agreed with audit value of ULI of XXX; however, Lender did not provide documentation for NMLS and Total Loan Costs. Lender can clear finding by agreeing with audit value or providing documentation to support their value. Condition retained.; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. ALSO, audit total loan costs are $15,011.90 VS. Lenders missing. ALSO, lender NMLS is missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Lender agreed with ULI and NMLS—provided PCCD for TLC—condition cleared; Lender agreed with audit value of ULI of XXX; however, Lender did not provide documentation for NMLS and Total Loan Costs. Lender can clear finding by agreeing with audit value or providing documentation to support their value. Condition retained.; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI Missing. ALSO, audit total loan costs are $15,011.90 VS. Lenders missing. ALSO, lender NMLS is missing. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.89% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.89% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 27.74% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 800 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.66 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 308 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/18/2025 | Resolved | FCOM5135 | Compliance | Missing<br>Required<br>Affiliated<br>Business<br>Disclosure | Required Affiliated Business Disclosure Missing | AfBD response | 11/19/2025 | Resolved as we have received evidence of no affiliates. ; Required Affiliated Business Disclosure Documentation Provided; Material Finding | 11/20/2025 | Original LTV is Below the Guideline Maximum—Calculated LTV of 60.89% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 60.89% is less than Guideline CLTV of 89.99% Qualifying DTI below max allowed.—Calculated DTI of 27.74% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 800 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 6.66 years on job. C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 376 | XXX |  | XXX | XXX | XXX | XXX CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/18/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 3.78 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 782 is greater than Guideline minimum FICO of 700 C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 376 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: |  |  | Lender/Audit—ULI match/updated—condition cleared.; Material; Material; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Lender/Audit—ULI match/updated—condition cleared.; Material; Material; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 3.78 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 782 is greater than Guideline minimum FICO of 700 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 272 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 748 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 13.5 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 180 | XXX |  | XXX | XXX | XXX | XXX | MA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 752 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 21.35 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 175 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 5.24 years on job. Original CLTV is Below the Guideline Maximum—Calculated CLTV of 44.47% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 44.47% is less than Guideline LTV of 80% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 342 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA Complete—Other finding added.; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 18.44 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 791 is greater than Guideline minimum FICO of 720 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 342 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: |  |  | Lender agrees with audit—condition cleared; Material; Material; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value.; Lender agrees with audit—condition cleared; Material; Material; HMDA Discrepancy Noted: The following HMDA Discrepancy(s) have been noted: Audit ULI XXX vs Lender ULI XXX. Lender can clear finding by agreeing with audit value or providing documentation to support their value. | 11/25/2025 | Borrower has stable job time—Borrower has 18.44 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 791 is greater than Guideline minimum FICO of 720 C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 330 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA complete—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 761 is greater than Guideline minimum FICO of 700 Borrower has stable job time—Borrower has 5.23 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 300 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 6.75 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 293 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. HMDA Tape Provided. The loan is pending HMDA data review. Condition for informational purposes only. Due Diligence firm to complete. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 29.25% is less than Guideline DTI of 50% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 74.43% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 74.43% is less than Guideline LTV of 89.99% C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 286 | XXX |  | XXX | XXX | XXX | XXX | ID | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 6.0 years on job. Borrower has 6.0 years on job. Qualifying DTI below max allowed.—Calculated DTI of 32.02% is less than Guideline DTI of 45% Calculated DTI of 32.02% is less than Guideline DTI of 45% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 765 is greater than Guideline minimum FICO of 700 Qualifying FICO of 765 is greater than Guideline minimum FICO of 700 Original LTV is Below the Guideline Maximum—Calculated LTV of 76% is less than Guideline LTV of 89.99% Calculated LTV of 76% is less than Guideline LTV of 89.99% Original CLTV is Below the Guideline Maximum—Calculated CLTV of 76% is less than Guideline CLTV of 89.99% Calculated CLTV of 76% is less than Guideline CLTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 260 | XXX |  | XXX | XXX | XXX | XXX | OH | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 802 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 23.02% is less than Guideline DTI of 45% Borrower has stable job time—Borrower has 7.57 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 261 | XXX |  | XXX | XXX | XXX | XXX | PA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 2.03 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 793 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 240 | XXX |  | XXX | XXX | XXX | XXX | CO | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 789 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 75% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 75% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 294 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 776 is greater than Guideline minimum FICO of 700 Original CLTV is Below the Guideline Maximum—Calculated CLTV of 70% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 70% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 11.24 years on job. C A |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 265 | XXX |  | XXX | XXX | XXX | XXX | NC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 786 is greater than Guideline minimum FICO of 700 Qualifying FICO of 786 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 268 | XXX |  | XXX | XXX | XXX | XXX | SC | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 72.3% is less than Guideline CLTV of 89.99% Calculated CLTV of 72.3% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 72.3% is less than Guideline LTV of 89.99% Calculated LTV of 72.3% is less than Guideline LTV of 89.99% Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 792 is greater than Guideline minimum FICO of 720 Qualifying FICO of 792 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 29.18% is less than Guideline DTI of 45% Calculated DTI of 29.18% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 253 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 77.53% is less than Guideline CLTV of 89.99% Calculated CLTV of 77.53% is less than Guideline CLTV of 89.99% Original LTV is Below the Guideline Maximum—Calculated LTV of 77.53% is less than Guideline LTV of 89.99% Calculated LTV of 77.53% is less than Guideline LTV of 89.99% Borrower has stable job time—Borrower has 3.81 years on job. Borrower has 3.81 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 780 is greater than Guideline minimum FICO of 700 Qualifying FICO of 780 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 19.77% is less than Guideline DTI of 45% Calculated DTI of 19.77% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 305 | XXX |  | XXX | XXX | XXX | XXX | CA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Original CLTV is Below the Guideline Maximum—Calculated CLTV of 68.78% is less than Guideline CLTV of 80% Original LTV is Below the Guideline Maximum—Calculated LTV of 68.78% is less than Guideline LTV of 80% C A |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 282 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 814 is greater than Guideline minimum FICO of 700 Qualifying FICO of 814 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 28.91% is less than Guideline DTI of 45% Calculated DTI of 28.91% is less than Guideline DTI of 45% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 282 | XXX |  | XXX | XXX | XXX | XXX | AZ | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: | Total Loan Cost is $6,370.03. We have the PCCD to support this. | 11/25/2025 | PCCD provided—condition cleared; HMDA discrepancy noted: Audit total loan costs $8418.03 vs Lender value $6370.03, Lender may clear finding by agreeing with Audit's value or provide documentation to support their value.; PCCD provided—condition cleared; HMDA discrepancy noted: Audit total loan costs $8418.03 vs Lender value $6370.03, Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 814 is greater than Guideline minimum FICO of 700 Qualifying FICO of 814 is greater than Guideline minimum FICO of 700 Qualifying DTI below max allowed.—Calculated DTI of 28.91% is less than Guideline DTI of 45% Calculated DTI of 28.91% is less than Guideline DTI of 45% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 221 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared ; HMDA Data Tape Provided. | 11/25/2025 | Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 776 is greater than Guideline minimum FICO of 720 Borrower has stable job time—Borrower has 10.38 years on job. C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 221 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Curative | 11/25/2025 | Rescinded | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | Rescinded, not valid. |  |  |  | 11/25/2025 | C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 359 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/20/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 2.96 years on job. Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 791 is greater than Guideline minimum FICO of 720 Qualifying DTI below max allowed.—Calculated DTI of 36.56% is less than Guideline DTI of 50% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 359 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: |  |  | Lender agrees with audit—condition cleared; HMDA discrepancy noted: Audit ULI XXX<br>vs Lender value XXX<br>, Lender may clear finding by agreeing with Audit's value or provide documentation to support their value.; Lender agrees with audit—condition cleared; HMDA discrepancy noted: Audit ULI XXX<br>vs Lender value XXX<br>, Lender may clear finding by agreeing with Audit's value or provide documentation to support their value. | 11/25/2025 | Borrower has stable job time—Borrower has 2.96 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 791 is greater than Guideline minimum FICO of 720<br>Qualifying DTI below max allowed.—Calculated DTI of 36.56% is less than Guideline DTI of 50% C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 280 | XXX |  | XXX | XXX | XXX | XXX | GA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared<br>; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 14.36 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 801 is greater than Guideline minimum FICO of 700<br>Qualifying DTI below max allowed.—Calculated DTI of 9.51% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum—Calculated CLTV of 54.35% is less than Guideline CLTV of 89.99%<br>Original LTV is Below the Guideline Maximum—Calculated LTV of 54.35% is less than Guideline LTV of 89.99% C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 318 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/25/2025 | Resolved | FCRE3604 | Credit | HMDA<br>Discrepancy(s)<br>Noted | The following HMDA Discrepancy(s) have been noted: |  |  | Lender agreed with audit—Total Loan Costs: $22,742.03 NMLS ID: XXX ULI: XXX—condition cleared; Lender agreed with audit—Total Loan Costs: $22,742.03 NMLS ID: XXX ULI: XXX—condition cleared; HMDA discrepancy noted: Lender ULI number is missing. Also, missing lenders NMLS. Additionally missing lenders Total Loan Costs. Lender may clear finding by providing documentation to support their value. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.02% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum—Calculated CLTV of 77.3% is less than Guideline CLTV of 89.99%<br>Original LTV is Below the Guideline Maximum—Calculated LTV of 77.3% is less than Guideline LTV of 89.99%<br>Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 785 is greater than Guideline minimum FICO of 700 C A B |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Deal ID** | **Loan Number** | **Seller<br>Loan Number** | **Originator** | **Last Name** | **Note Date** | **Original<br>Balance** | **State** | **TPR<br>QM<br>ATR<br>Status** | **Loan Status** | **Exception<br>Date** | **Remediation<br>Status** | **Exception<br>ID** | **Exception<br>Type** | **Exception<br>Category** | **Exceptions** | **Exception**<br> **Rebuttal** | **Exception<br>Rebuttal<br>Date** | **Exception Rebuttal Response** | **Exception<br>Rebuttal<br>Response<br>Date** | **Compensating**<br> **Factors** |
| &nbsp;&nbsp;&nbsp;&nbsp; 318 | XXX |  | XXX | XXX | XXX | XXX | WA | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/21/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. HMDA Tape Provided. The loan is pending HMDA data review. Condition for informational purposes only. Due Diligence firm to complete. Additional conditions may apply. |  |  | HMDA received—additional discrepancy finding added.; HMDA Data Tape Provided. | 11/25/2025 | Qualifying DTI below max allowed.—Calculated DTI of 27.02% is less than Guideline DTI of 50%<br>Original CLTV is Below the Guideline Maximum—Calculated CLTV of 77.3% is less than Guideline CLTV of 89.99%<br>Original LTV is Below the Guideline Maximum—Calculated LTV of 77.3% is less than Guideline LTV of 89.99%<br>Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 785 is greater than Guideline minimum FICO of 700 C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 262 | XXX |  | XXX | XXX | XXX | XXX | TX | QM: Safe Harbor APOR (APOR SH) | Loan<br>Review<br>Complete | 11/24/2025 | Resolved | FCRE3606 | Credit | HMDA<br>Data<br>Tape<br>Not<br>Provided | Loan is pending HMDA data review. Additional conditions may apply. |  |  | HMDA received—no level 3 discrepancies—condition cleared; HMDA Data Tape Provided. | 11/25/2025 | Borrower has stable job time—Borrower has 3.92 years on job.<br>Qualifying FICO is Greater than the Guideline Minimum—Qualifying FICO of 759 is greater than Guideline minimum FICO of 720 C A |

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## Exhibit 99.8

**EXHIBIT 99.8** 

**CONSOLIDATED ANALYTICS DATA COMPARE REPORT** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 185 | XXX | Qualifying LTV | 64.24 | 64.32 | LTV has been rounded up |
| 185 | XXX | Qualifying CLTV | 64.24 | 64.32 | CLTV has been rounded up |
| 185 | XXX | Total Qualified Assets Post-Close | 216423.48 | 140270.11 | Post closing assets are correct |
| 185 | XXX | Qualifying Total Debt Income Ratio | 44.78 | 45.0 | DTI has been rounded |
| 182 | XXX | Total Qualified Assets Post-Close | 135492.98 | 371573.31 | Post close assets are confirmed |
| 193 | XXX | Qualifying CLTV | 41.87 | 41.86 | ltv/cltv has been confirmed |
| 193 | XXX | Qualifying LTV | 41.87 | 41.86 | ltv/cltv has been confirmed |
| 193 | XXX | Qualifying Total Debt Income Ratio | 15.28 | 15.0 | dti ratio is correct |
| 199 | XXX | Property County | XXX | XXX | Per Deed |
| 199 | XXX | Qualifying LTV | 32.61 | 33.0 | Per Appraisal |
| 199 | XXX | Qualifying CLTV | 32.61 | 33.0 | Per Appraisal |
| 199 | XXX | Total Qualified Assets Post-Close | 8464359.92 | 8464413.8 | Per Assets |
| 226 | XXX | Total Qualified Assets Post-Close | 167407.35 | 180058.72 | $180,058.72 is the total verified assets prior to closing. |
| 226 | XXX | Qualifying Total Debt Income Ratio | 26.3 | 26.0 | 26.30 is the actual DTI and 26 is the AUS rounded |
| 201 | XXX | Qualifying CLTV | 70.93 | 70.92 | The audit LTV is rounded up by the system |
| 201 | XXX | Total Monthly Property Insurance Amount | 125 | 90.0 | $125 monthly per the dec page and the final CD |
| 201 | XXX | Total Qualified Assets Post-Close | 451842.2 | 451479.93 | $472,765.57 is the total assets verified by Audit prior to close. $451842.20 is the amount post closing |
| 202 | XXX | Borrower 1 Last Name | XXX | XXX | Per note |
| 202 | XXX | Qualifying CLTV | 77.45 | 78.0 | Per CLTV |
| 202 | XXX | Qualifying LTV | 77.45 | 78.0 | Per LTV |
| 202 | XXX | Total Monthly Property Insurance Amount | 79.58 | 84.59 | Per hazard policy |
| 202 | XXX | Total Qualified Assets Post-Close | 60589.41 | 71238.65 | Per assets |
| 263 | XXX | Total Qualified Assets Post-Close | 1940085.95 | 1956257.39 | Per assets |
| 364 | XXX | Borrower 2 First Name | XXX | XXX | Name is correct |
| 364 | XXX | Qualifying FICO | 760 | 0.0 | fico has been confirmed |
| 364 | XXX | Qualifying CLTV | 63.78 | 64.0 | LTV/CLTV/HLTV has been confirmed |
| 364 | XXX | Qualifying LTV | 63.78 | 64.0 | DTI confirmed |
| 364 | XXX | Total Monthly Property Insurance Amount | 188.95 | 170.31 | Insurance has been verified |
| 364 | XXX | Qualifying Total Debt Income Ratio | 17.74 | 18.99 | LTV/CLTV/HLTV has been confirmed |
| 352 | XXX | Property Address | XXX | XXX | Capitalization. |
| 352 | XXX | Qualifying FICO | 763 | 0.0 | Mapping issue. |
| 352 | XXX | Qualifying CLTV | 68.36 | 69.0 | Rounding. |
| 352 | XXX | Qualifying LTV | 68.36 | 69.0 | Rounding. |
| 352 | XXX | Total Qualified Assets Post-Close | 613451.66 | 630823.0 | Total qualified assets amount after closed confirmed with final CD and asset documentation in file. |
| 352 | XXX | Qualifying Total Debt Income Ratio | 27.48 | 29.77 | Subject property detail report and appraisal supported lower monthly tax expense causing DTI to drop. |
| 238 | XXX | Qualifying LTV | 74.96 | 75.0 | Tape data is rounded. |
| 238 | XXX | Qualifying CLTV | 74.96 | 75.0 | Tape data is rounded. |
| 238 | XXX | Total Qualified Assets Post-Close | 88147.79 | 107121.05 | True data is balance after closing. |
| 238 | XXX | Qualifying Total Debt Income Ratio | 18.59 | 18.49 | True data is based on higher taxes, 1008 matches DU findings has a lower tax amount, higher monthly taxes match documents in file. |
| 369 | XXX | Property Address | XXX | XXX | address is correct |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 369 | XXX | Qualifying Interest Rate | 6.375 | 6.75 | interest rate is correct |
| 369 | XXX | Total Qualified Assets Post-Close | 1389407.54 | 1466409.56 | Post close assets are correct |
| 369 | XXX | Qualifying Total Debt Income Ratio | 34.53 | 35.71 | DTI confirmed |
| 254 | XXX | Property County | XXX | XXX | True data verified per mortgage. |
| 254 | XXX | Total Qualified Assets Post-Close | 80759.86 | 522888.83 | True data verified per bank statements. |
| 254 | XXX | Qualifying Total Debt Income Ratio | 46.06 | 46.0 | True data verified per credit report and loan documents. |
| 235 | XXX | Total Qualified Assets Post-Close | 1240052.32 | 1555640.4 | True data verified per bank statements. |
| 366 | XXX | Property Address | XXX | XXX | True data verified per note. |
| 366 | XXX | Qualifying FICO | 801 | 0.0 | True data verified per credit report. |
| 366 | XXX | Total Monthly Property Insurance Amount | 408.92 | 200.0 | True data verified per hazard policy. |
| 366 | XXX | Total Qualified Assets Post-Close | 294006.21 | 525217.0 | True data verified per bank statements. |
| 218 | XXX | Total Qualified Assets Post-Close | 441756.6 | 445389.34 | Per Assets |
| 218 | XXX | Qualifying Total Debt Income Ratio | 27.12 | 27.0 | Per CD |
| 224 | XXX | Property Address | XXX | XXX | Per note |
| 224 | XXX | Total Monthly Property Insurance Amount | 358.83 | 450.0 | Per hazard policy |
| 224 | XXX | Total Qualified Assets Post-Close | 213875.7 | 302920.45 | Per assets |
| 224 | XXX | Qualifying Total Debt Income Ratio | 29.71 | 36.58 | Per DTI, monthly taxes calculated at $XXX instead of $XXX |
| 197 | XXX | Property Address | XXX | XXX | Capitalizaiton. |
| 197 | XXX | Borrower 1 Last Name | XXX | XXX | Capitalization. |
| 197 | XXX | Total Qualified Assets Post-Close | 94025.82 | 339301.55 | . |
| 197 | XXX | Qualifying Total Debt Income Ratio | 32.98 | 41.87 | . |
| 358 | XXX | Property Address | XXX | XXX | Capitalization. |
| 358 | XXX | Qualifying Interest Rate | 6.5 | 6.375 | Quality interest rate confirmed with copy of Note. |
| 358 | XXX | Total Qualified Assets Post-Close | 29802.14 | 728392.09 | Total Qualified Assets post closing confirmed with assets documentation and final CD in file. |
| 358 | XXX | Qualifying Total Debt Income Ratio | 27.72 | 27.63 | Audit verified higher monthly debt of $150 vs $120 used by lender. |
| 344 | XXX | Qualifying FICO | 784 | 0.0 | True data is the mid score for both borrowers and confirmed on LP Findings. |
| 344 | XXX | Qualifying CLTV | 56.11 | 56.1 | True data is based on loan amount and appraised value. |
| 344 | XXX | Qualifying LTV | 56.11 | 56.1 | True data is based on loan amount and appraised value. |
| 344 | XXX | Total Qualified Assets Post-Close | 347428.87 | 388482.52 | True data matches assets disclosed on 1003 and bank statements total. |
| 344 | XXX | Qualifying Total Debt Income Ratio | 42.19 | 42.0 | Tape data is rounded down. |
| 313 | XXX | Total Monthly Property Insurance Amount | 122.38 | 120.49 | True data matches policy premium in file, the 1008 and findings. |
| 203 | XXX | Total Qualified Assets Post-Close | 170106.37 | 379477.28 | True data verified per bank statements. |
| 203 | XXX | Qualifying Total Debt Income Ratio | 19 | 21.61 | True data verified per credit report and loan documents. |
| 350 | XXX | Property Address | XXX | XXX | Per Note |
| 350 | XXX | Qualifying FICO | 714 | 0.0 | Per Credit report |
| 350 | XXX | Qualifying CLTV | 60.75 | 61.0 | Per Appraisal |
| 350 | XXX | Qualifying LTV | 60.75 | 61.0 | Per Appraisal |
| 350 | XXX | Total Monthly Property Insurance Amount | 293.68 | 271.18 | Per Insurance doc |
| 350 | XXX | Qualifying Total Debt Income Ratio | 46.96 | 46.83 | Per REO docs |
| 195 | XXX | Total Qualified Assets Post-Close | 58557.49 | 290294.06 | True data verified per bank statements. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 195 | XXX | Qualifying Total Debt Income Ratio | 48.54 | 48.53 | True data verified per credit report and loan documents. |
| 343 | XXX | Property Address | XXX | XXX | Per note |
| 343 | XXX | Total Closing Costs | 24879.37 | 7131.24 | Per CD |
| 343 | XXX | Borrower 1 Last Name | XXX | XXX | Per note |
| 343 | XXX | Borrower 1 First Name | XXX | XXX | Per note |
| 343 | XXX | Borrower 1 SSN | XXX | XXX | Per 1003 |
| 343 | XXX | Total Qualified Assets Post-Close | 66566.19 | 245043.36 | Per assets |
| 237 | XXX | Total Qualified Assets Post-Close | 105297.5 | 471599.38 | As per audit post-closing assets total. Tape data is pre-closing assets total. |
| 237 | XXX | Qualifying Total Debt Income Ratio | 44.29 | 44.0 | As per Audit DTI calculation. Tape data is rounded down LPA AUS DTI. Actual LPA AUS calculation is 44.29%. |
| 177 | XXX | Total Monthly Property Insurance Amount | 424.08 | 306.09 | As per Hazard Insurance plus Flood Insurance. Tape Data is hazard Insurance only. |
| 177 | XXX | Total Qualified Assets Post-Close | 1218016.76 | 2031503.66 | As per Asset total post-closing. Tape data is assets pre-closing. |
| 177 | XXX | Qualifying Total Debt Income Ratio | 34.69 | 34.72 | AUS included $35 in additional credit debts that the audit was unable to locate. |
| 249 | XXX | Total Closing Costs | 16319.94 | 22924.44 | Discrepancy is due to data entry, True correct |
| 249 | XXX | Total Qualified Assets Post-Close | 408776.37 | 630201.5 | Discrepancy is due to data entry, True correct |
| 249 | XXX | Qualifying Total Debt Income Ratio | 25.32 | 25.0 | Discrepancy is due to data entry, True correct |
| 270 | XXX | Property Address | XXX | XXX | Discrepancy is due to data entry, True data is correct. |
| 270 | XXX | Total Qualified Assets Post-Close | 245825.53 | 286660.68 | Discrepancy is due to data entry, True data is correct. |
| 270 | XXX | Qualifying Total Debt Income Ratio | 22.07 | 22.0 | Discrepancy is due to data entry, True data is correct. |
| 270 | XXX | Secondary Appraised Property Value | XXX | XXX | Discrepancy is due to data entry, True data is correct. |
| 208 | XXX | Borrower 3 First Name | XXX | XXX | As per Note, B3 first name is XXX. Tape data is B4 first name. |
| 208 | XXX | Borrower 4 First Name | XXX | XXX | As per Note, B4 first name is XXX. Tape data is B2 first name. |
| 208 | XXX | Borrower 2 First Name | XXX | XXX | As per Note, B2 first name is XXX. Tape data is B1 first name of XXX. |
| 208 | XXX | Borrower 1 Last Name | XXX | XXX | As per Note, B1 last name is XXX. Tape data is B2, B3, B4 last names. |
| 208 | XXX | Borrower 1 First Name | XXX | XXX | As per Note, B1 first name is XXX. Tape data is B2 first name. |
| 208 | XXX | Borrower 1 SSN | XXX | XXX | As per Final 1003 for B1, XXXX are SSN last 4 digits. Tape data is B3 last 4 digits. |
| 208 | XXX | Borrower 3 SSN | XXX | XXX | As per Final 1003 for B3 last 4 SSN digits XXXX. Tape data is B4 SSN. |
| 208 | XXX | Borrower 2 SSN | XXX | XXX | As per Final 1003 for B2, last 4 digits are XXXX. Tape data is B1 SSN last 4 digits. |
| 208 | XXX | Borrower 4 SSN | XXX | XXX | As per Final 1003 for B4, XXXX are B4 SSN last 4 digits. Tape data is B2 last 4 digits of SSN. |
| 208 | XXX | Borrower 4 Marital Status | XXX | XXX | As per B4 Final 1003, marital status is XXX. Tape data is marital status of XXX for B1 or B2. |
| 208 | XXX | Borrower 1 Marital Status | XXX | XXX | As per B1 Final 1003 marital status is XXX. Tape data is marital status of XXX for B3 and B4. |
| 208 | XXX | Borrower 4 Qualifying Income | 4231.34 | 4500.04 | As per audit calculation of B4 SSI income. Tape data is B2 qualifying income. |
| 208 | XXX | Borrower 3 Qualifying Income | 20000 | 4231.34 | As per B3 qualifying income calculation of $20,000 retirement income. Tape data is B4 qualifying income. |
| 208 | XXX | Borrower 4 Origination FICO | 812 | 0.0 | As per Credit Report, B4 mid FICO is 812. Tape data is 0. |
| 208 | XXX | Total Qualified Assets Post-Close | 834214.5 | 1140287.78 | As per audit calculation of post-closing assets. Tape data is pre-closing assets. |
| 208 | XXX | Qualifying Total Debt Income Ratio | 45.12 | 44.74 | As per Audit calculation of DTI. Audit calculation is higher than lender due to B2 Base Income calculation variance. The lender qualified the borrower with monthly pay of $4,500.04 based off of a 40-hour workweek and the hourly base pay of 25.9615. However, the 2025 YTD average income is $4,177.64 and there is no identification of an increase in hourly rate during the 2025 pay year. Therefore, the audit defaulted to the lower average income. |
| 243 | XXX | Total Qualified Assets Post-Close | 372463.07 | 588502.95 | True data verified per bank statements. |
| 233 | XXX | Total Qualified Assets Post-Close | 90074.48 | 341044.78 | Discrepancy is due to data entry, True data is correct. |
| 179 | XXX | Borrower 1 Last Name | XXX | XXX | Discrepancy is due to data entry, True data is correct. |
| 179 | XXX | Total Qualified Assets Post-Close | 530900.7 | 642682.82 | Discrepancy is due to data entry, True data is correct. |
| 192 | XXX | Borrower 1 Self-Employment Flag | Yes | No | Discrepancy is due to data entry, True data is correct. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 192 | XXX | Total Qualified Assets Post-Close | 432039.96 | 574744.45 | Discrepancy is due to data entry, True data is correct. |
| 340 | XXX | Number of Units | 1 | 4 | As per appraisal, the property is a 1-unit property. |
| 340 | XXX | Property County | XXX | XXX | Tape Data is all lowercase with no punctuation. |
| 340 | XXX | Qualifying CLTV | 57.97 | 58.0 | As per audit CLTV calculation. Tape data is rounded up. |
| 340 | XXX | Qualifying LTV | 57.97 | 58.0 | As per audit LTV calculation. Tape data is LTV rounded up. |
| 340 | XXX | Total Monthly Property Insurance Amount | 2202.45 | 1910.73 | As per audit, the monthly total subject property insurance amount is $2202.45, which is flood + hazard together. Tape data is Hazard alone of $1910.73. |
| 340 | XXX | Total Qualified Assets Post-Close | 1105771.92 | 2498061.71 | As per audit asset calculation post-closing. Tape data is pre-closing assets. |
| 340 | XXX | Qualifying Total Debt Income Ratio | 11.52 | 11.5 | Tape data is rounded without 2nd decimal being used. |
| 200 | XXX | Property Address | XXX | XXX | Discrepancy is due to data entry, True Data is correct. |
| 200 | XXX | Total Qualified Assets Post-Close | 972157.17 | 867367.31 | Discrepancy is due to data entry, True Data is correct. |
| 206 | XXX | Total Monthly Property Insurance Amount | 463.75 | 300.0 | Discrepancy is due to data entry, True data is correct. |
| 206 | XXX | Total Qualified Assets Post-Close | 270179.46 | 510772.55 | Discrepancy is due to data entry, True data is correct. |
| 215 | XXX | Qualifying Total Debt Income Ratio | 49.23 | 49.0 | Discrepancy is due to data entry, True data is correct. |
| 188 | XXX | Total Closing Costs | 20190.27 | -28.0 | As per Final CD, total Closing Costs Borrower-Paid are $20,190.27. Tape Data source is unknown. |
| 188 | XXX | Total Monthly Property Insurance Amount | 388.21 | 324.92 | As per Hazard Insurance Policy Premium, premium used for qualifying is $4658.58 / 12 = $388.21, which is the total premium with additional fees. Tape data is Premium Base of $4115 / 12 = $342.92 without additional fees included. |
| 188 | XXX | Total Qualified Assets Post-Close | 613410.3 | 1390370.57 | As per Post-Closing Assets. Tape Data is Pre-Closing assets. |
| 188 | XXX | Qualifying Total Debt Income Ratio | 36.46 | 38.22 | XXX - REO Investment Property - The AUS includes $468.72 in negative net rent for this property. The audit is unable to reconcile this figure. The audit calculated a net rent of $411.72. For the lender to calculate a negative net rent of $468.72, there is $880.44 of PITIA that was included by the lender that cannot be determined by the audit. The audit has included the full P&I from the mortgage statement, the full taxes from the Property Report, and the full HOA dues from the HOA letter. There are no Homeowner's Insurance premiums, as this is included in the HOA dues and paid by the master association policy. |
| 191 | XXX | Total Qualified Assets Post-Close | 85652.23 | 35652.23 | Discrepancy is due to data entry, True data is correct. |
| 341 | XXX | Qualifying CLTV | 61.36 | 62.0 | Per CLTV |
| 341 | XXX | Qualifying LTV | 61.36 | 62.0 | Per LTV |
| 341 | XXX | Total Qualified Assets Post-Close | 798871.46 | 946808.58 | Per assets |
| 341 | XXX | Qualifying Total Debt Income Ratio | 41.29 | 45.71 | Per DTI |
| 339 | XXX | Total Closing Costs | 15307.58 | 13186.22 | Per CD |
| 339 | XXX | Total Qualified Assets Post-Close | 51009.86 | 320627.83 | Per assets |
| 257 | XXX | Borrower 1 FTHB | false | true | B1/b2 are married although one borrower name is on the note of the rental |
| 257 | XXX | Qualifying LTV | 79.98 | 80.0 | 80 is rounded by the AUS |
| 257 | XXX | Qualifying CLTV | 79.98 | 80.0 | 80 is rounded by the AUS |
| 257 | XXX | Total Qualified Assets Post-Close | 46520.57 | 301079.2 | $310,928.56 Total available assets verified by Audit Prior to Closing <br>$301,079.20 Total available assets verified by Lender/AUS Prior to Closing <br>$46,520.57 Total available assets verified by Audit Post-Closing <br>XXX #XXX deducted 60k large deposit. XXX #XXX Audit used 09/2025 statement with higher BAL. AUS used 08/2025 statement. XXX #XXX deducted large deposits from bal. XXX #XXX Audit used 09/25 statement AUS used 08/25 stmnt. XXX #XXX audit used the only statement in file and it is higher than AUS balance. XXX #XXX, XXX and XXX Audit used balance on statements which does not match the AUS. <br>Reserves Required per Lender Over lay 3 months = $23,284.95 <br>Reserves Required per AUS $0 <br>REO reserves 6 months PITIA = $21,142.14 <br>Total reserves required $44,427.09. |
| 204 | XXX | Qualifying CLTV | 69.53 | 70.0 | Per CLTV |
| 204 | XXX | Qualifying LTV | 69.53 | 70.0 | Per LTV |
| 204 | XXX | Total Qualified Assets Post-Close | 383502.17 | 1278000.0 | Per assets |
| 204 | XXX | Qualifying Total Debt Income Ratio | 38.6 | 38.46 | Per DTI |
| 314 | XXX | Qualifying CLTV | 74.79 | 74.0 | True data verified per appraisal and loan documents. |
| 314 | XXX | Qualifying LTV | 74.79 | 74.0 | True data verified per appraisal and loan documents. |
| 314 | XXX | Qualifying Total Debt Income Ratio | 21.03 | 19.04 | True data verified per credit report and loan documents. |
| 349 | XXX | Property Address | XXX | XXX | XXX per the note |
| 349 | XXX | Qualifying LTV | 78.88 | 79.0 | 79 is rounded |
| 349 | XXX | Qualifying CLTV | 78.88 | 79.0 | 79 is rounded |
| 349 | XXX | Total Monthly Property Insurance Amount | 765.54 | 302.21 | 765.54 includes HOI and Flood |
| 349 | XXX | Total Qualified Assets Post-Close | 331789.07 | 348027.0 | $348,026.54 Total available assets verified by Audit Prior to Closing <br>$348,026.54 Total available assets verified by Lender/AUS Prior to Closing <br>$331,789.07 Total available assets verified by Audit Post-Closing |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 348 | XXX | Total Qualified Assets Post-Close | 1911401.56 | 1960671.7 | Per Assets |
| 348 | XXX | Qualifying Total Debt Income Ratio | 44.54 | 43.0 | Per taxes. CA have higher taxes per docs on file vs lenders |
| 353 | XXX | Property Address | XXX | XXX | Per note |
| 353 | XXX | Borrower 1 Citizen | XXX | XXX | Per 1003 |
| 353 | XXX | Qualifying FICO | 770 | 0.0 | Per credit report |
| 353 | XXX | Qualifying LTV | 75.91 | 76.0 | Per LTV |
| 353 | XXX | Qualifying CLTV | 75.91 | 76.0 | Per CLTV |
| 353 | XXX | Total Monthly Property Insurance Amount | 245.42 | 188.66 | Per hazard policy |
| 353 | XXX | Total Qualified Assets Post-Close | 115446.44 | 125000.0 | Per assets |
| 353 | XXX | Qualifying Total Debt Income Ratio | 38.15 | 38.31 | Per DTI |
| 311 | XXX | Total Monthly Property Insurance Amount | 1398.64 | 303.97 | 1398.64 includes all insurance policies including flood |
| 311 | XXX | Total Qualified Assets Post-Close | 272457.99 | 283357.12 | $283,357.12 Total available assets verified by Audit Prior to Closing <br>$283,357.12 Total available assets verified by Lender/AUS Prior to Closing <br>$272,457.99 Total available assets verified by Audit Post-Closing |
| 311 | XXX | Qualifying Total Debt Income Ratio | 35.91 | 36.0 | 36 is rounded up by AUS |
| 324 | XXX | Property Address | XXX | XXX | Capitalization. |
| 324 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Mapping issue. |
| 324 | XXX | Total Qualified Assets Post-Close | 440517.63 | 810209.95 | Total qualified assets post closing confirmed with asset documentation in file. |
| 324 | XXX | Qualifying Total Debt Income Ratio | 33.38 | 33.17 | Audit calculated lower monthly income for XXX property. |
| 288 | XXX | Total Closing Costs | 16090.65 | 19166.76 | Total closing costs are $16.090.65 per the final CD |
| 288 | XXX | Borrower 1 Last Name | XXX | XXX | borrower last name is correct |
| 288 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | interest rate is correct |
| 288 | XXX | Total Monthly Property Insurance Amount | 247.09 | 124.67 | insurance is correct |
| 288 | XXX | Total Qualified Assets Post-Close | 19199.83 | 11470.93 | Post close assets are correct |
| 288 | XXX | Qualifying Total Debt Income Ratio | 36.83 | 36.09 | Dti is correct |
| 246 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Mapping issue. |
| 246 | XXX | Qualifying LTV | 76.48 | 77.0 | Mapping issue. |
| 246 | XXX | Qualifying CLTV | 76.48 | 77.0 | Mapping issue. |
| 246 | XXX | Total Qualified Assets Post-Close | 110605.6 | 381882.64 | Total Qualified assets post closing verified with asset documentation in file. |
| 246 | XXX | Qualifying Total Debt Income Ratio | 40.54 | 41.13 | Mapping issue. |
| 309 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Mapping issue. |
| 309 | XXX | Qualifying CLTV | 63.57 | 65.0 | Rounding. |
| 309 | XXX | Qualifying LTV | 63.57 | 65.0 | Rounding. |
| 309 | XXX | Total Qualified Assets Post-Close | 229559.27 | 238693.75 | Total qualifying assets after closing confirmed with assets documentation in file. |
| 309 | XXX | Qualifying Total Debt Income Ratio | 40.57 | 33.45 | . |
| 225 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | interest rate is correct |
| 225 | XXX | Borrower 1 First Name | XXX | XXX | first name is correct |
| 225 | XXX | Qualifying LTV | 52.55 | 65.0 | post close assets are correct |
| 225 | XXX | Qualifying CLTV | 52.55 | 65.0 | cltv is correct |
| 225 | XXX | Total Qualified Assets Post-Close | 3225545.02 | 3196777.39 | interest rate is correct |
| 225 | XXX | Qualifying Total Debt Income Ratio | 30.56 | 29.05 | dti is correct |
| 189 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | True data verified per Note. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 189 | XXX | Qualifying FICO | 782 | 0.0 | True data verified per credit report. |
| 189 | XXX | Qualifying LTV | 62.56 | 63.0 | True data verified per appraisal and other loan documents. |
| 189 | XXX | Qualifying CLTV | 62.56 | 63.0 | True data verified per appraisal and other loan documents. |
| 189 | XXX | Total Qualified Assets Post-Close | 28992.8 | 150000.0 | True data verified per bank statements. |
| 228 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | True data verified per note. |
| 228 | XXX | Qualifying LTV | 53.14 | 54.0 | True data verified per appraisal and loan documents. |
| 228 | XXX | Qualifying CLTV | 53.14 | 54.0 | True data verified per appraisal and loan documents. |
| 228 | XXX | Total Qualified Assets Post-Close | 353815.63 | 264409.91 | True data verified per bank statements. |
| 351 | XXX | Qualifying Interest Rate | 6.625 | 0.06625 | True data verified per note. |
| 351 | XXX | Qualifying CLTV | 65.07 | 66.0 | True data verified per appraisal and loan documents. |
| 351 | XXX | Qualifying LTV | 65.07 | 66.0 | True data verified per appraisal and loan documents. |
| 351 | XXX | Total Monthly Property Insurance Amount | 135.5 | 150.08 | True data verified per hazard policy. |
| 351 | XXX | Total Qualified Assets Post-Close | 208358.7 | 225483.8 | True data verified per bank statements. |
| 351 | XXX | Qualifying Total Debt Income Ratio | 29.96 | 32.29 | True data verified per credit report and loan documents. |
| 325 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | True data verified per Note. |
| 325 | XXX | Borrower 2 First Name | XXX | XXX | True data verified per Note. |
| 325 | XXX | Total Qualified Assets Post-Close | 171408.86 | 415606.85 | True data verified per bank statements. |
| 198 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Mapping issue. |
| 198 | XXX | Total Monthly Property Insurance Amount | 236.83 | 236.84 | . |
| 198 | XXX | Total Qualified Assets Post-Close | 276204.83 | 317656.78 | . |
| 321 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | 6.5 per the note |
| 321 | XXX | Qualifying CLTV | 70.29 | 71.0 | 71 is rounded by AUS |
| 321 | XXX | Qualifying LTV | 70.29 | 71.0 | 71 is rounded by AUS |
| 321 | XXX | Total Monthly Property Insurance Amount | 259.88 | 290.76 | $259.88 per dec page, final CD |
| 321 | XXX | Total Qualified Assets Post-Close | 58127.79 | 74878.62 | $74,878.62 Total available assets verified by Audit Prior to Closing <br>$74,878.62 Total available assets verified by Lender/AUS Prior to Closing <br>$58,127.79 Total available assets verified by Audit Post-Closing |
| 370 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Per Note |
| 370 | XXX | Qualifying FICO | 790 | 803.0 | Per Credit Liabilites |
| 370 | XXX | Total Monthly Property Insurance Amount | 319.17 | 175.0 | Per Insurance |
| 370 | XXX | Qualifying Total Debt Income Ratio | 29.98 | 30.6 | Per REO docs on file |
| 212 | XXX | Property Address | XXX | XXX | Per note |
| 212 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Per note |
| 212 | XXX | Qualifying LTV | 68.01 | 68.0 | Per LTV |
| 212 | XXX | Qualifying CLTV | 68.01 | 68.0 | Per CLTV |
| 212 | XXX | Total Qualified Assets Post-Close | 45375.3 | 52778.75 | Per assets |
| 186 | XXX | Borrower 1 Last Name | XXX | XXX | Capitalizaiton. |
| 186 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Mapping issue. |
| 186 | XXX | Qualifying CLTV | 73.37 | 74.0 | Rounding. |
| 186 | XXX | Qualifying LTV | 70.56 | 71.0 | Rounding. |
| 186 | XXX | Total Monthly Property Insurance Amount | 385.42 | 109.25 | Total monthly property insurance dollar amount includes supplemental insurance. |
| 186 | XXX | Total Qualified Assets Post-Close | 63101.52 | 75105.81 | Total qualified assets confirmed with asset documentation in file. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 186 | XXX | Qualifying Total Debt Income Ratio | 35.57 | 36.61 | Rounding. |
| 187 | XXX | Qualifying Interest Rate | 6.75 | 0.0675 | Per note |
| 187 | XXX | Qualifying CLTV | 74.23 | 75.0 | Per CLTV |
| 187 | XXX | Qualifying LTV | 74.23 | 75.0 | Per LTV |
| 222 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | 6.375 per the note |
| 222 | XXX | Qualifying LTV | 58.12 | 59.0 | 59 is rounded by the AUS |
| 222 | XXX | Qualifying CLTV | 58.12 | 59.0 | 59 is rounded by the AUS |
| 222 | XXX | Total Qualified Assets Post-Close | 468384.81 | 1391703.82 | $1,404,058.06 Total available assets verified by Audit Prior to Closing <br>$1,391,703.82 Total available assets verified by Lender/AUS Prior to Closing <br>$468,384.81 Total available assets verified by Audit Post-Closing |
| 190 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Per Note |
| 190 | XXX | Total Monthly Property Insurance Amount | 170.83 | 170.84 | Per Insurance |
| 190 | XXX | Total Qualified Assets Post-Close | 43896.63 | 46905.51 | Per Assets |
| 190 | XXX | Qualifying Total Debt Income Ratio | 32.62 | 34.52 | Per credit docs |
| 234 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | True data verified per Note. |
| 234 | XXX | Borrower 1 First Name | XXX | XXX | True data verified per Note. |
| 234 | XXX | Total Qualified Assets Post-Close | 770845.09 | 773150.17 | True data verified per bank statements. |
| 234 | XXX | Qualifying Total Debt Income Ratio | 5.5 | 6.0 | True data verified per credit report and loan documents. |
| 227 | XXX | Property Address | XXX | XXX | Tape Data is ALL CAPS and street is abbreviated. |
| 227 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Tape Data matches audit, however is fraction of 1. |
| 227 | XXX | Qualifying CLTV | 69.72 | 71.94 | As per CLTV calculation using the Loan amount / Appraised value. Tape data is prior CLTV from old LPA with old loan amount. |
| 227 | XXX | Qualifying LTV | 69.72 | 71.94 | As per LTV calculation using the Loan amount / Appraised value. Tape data is prior LTV from old LPA with old loan amount. |
| 227 | XXX | Total Monthly Property Insurance Amount | 541.5 | 541.32 | As per Policy Premium of $6,498 / 12 = $541.50 monthly. $541.32 \* 12 = $6495.84 which is not a premium identified on the policy. |
| 227 | XXX | Total Qualified Assets Post-Close | 203647.57 | 210682.57 | As per post-closing assets identified by the audit. Tape data is pre-closing assets. |
| 227 | XXX | Qualifying Total Debt Income Ratio | 33.12 | 28.0 | 1). B1 Commission Calculation - The lender calculated Commission income of $20,400.54. No income calculation worksheet was provided. The audit calculated a 2025 YTD average income of $20,355.20 based on the WVOE. This income was used since the average is lower than the prior year averages. <br>2.) Subject Property Taxes - The property was purchased XXX, with a new home built on the lot in 2024. The 2024 taxes on the tax Certificate (pg 1844) were based on the prior home's appraised value of $795,060. However, the Tax Certificate identifies the 2025 Values with an assessed value of $XXX and estimated taxes without exemptions of $XXX. The lender calculated monthly taxes of $XXX (annual taxes of $XXX); no tax worksheet identified the calculation method. The audit used the 2024 tax rates on the Tax Cert, the appraised value from the appraisal of $XXX, and standard homestead exemptions for XXX ($100,000 ISD minimum, 20% County minimum) to calculate annual total estimated taxes of $XXX or $XXX monthly. |
| 223 | XXX | Borrower 1 First Name | XXX | XXX | XXX per the note |
| 223 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | 6.25 per the note |
| 223 | XXX | Borrower 2 First Name | XXX | XXX | XXX per the note |
| 223 | XXX | Qualifying CLTV | 57.94 | 58.0 | 57.94 is the actual LTV/CLTV. 58 is rounded by the AUS |
| 223 | XXX | Qualifying LTV | 57.94 | 58.0 | 57.94 is the actual LTV/CLTV. 58 is rounded by the AUS |
| 223 | XXX | Total Qualified Assets Post-Close | 42787.76 | 44494.9 | $44,494.89 Total available assets verified by Audit Prior to Closing <br>$44,494.90 Total available assets verified by Lender/AUS Prior to Closing <br>$42,787.76 Total available assets verified by Audit Post-Closing <br>The one cent difference is due to system rounding. |
| 223 | XXX | Qualifying Total Debt Income Ratio | 43.34 | 43.12 | The actual taxes are $XXX monthly for the subject property. The lender included $1562.54 in the AUS and $1628.32 in the PITIA. |
| 271 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | True data verified per Note. |
| 271 | XXX | Borrower 1 FTHB | false | true | True data verified per final 1003. |
| 271 | XXX | Qualifying LTV | 79.91 | 80.0 | True data verified per appraisal and loan documents. |
| 271 | XXX | Qualifying CLTV | 79.91 | 80.0 | True data verified per appraisal and loan documents. |
| 271 | XXX | Total Qualified Assets Post-Close | 248633.57 | 262260.8 | True data verified per bank statements. |
| 312 | XXX | Qualifying Interest Rate | 6.625 | 0.06625 | True data verified per Note. |
| 312 | XXX | Total Monthly Property Insurance Amount | 162.51 | 250.0 | True data verified per hazard policy. |
| 312 | XXX | Total Qualified Assets Post-Close | 375365.8 | 267278.85 | True data verified per bank statements. |
| 312 | XXX | Qualifying Total Debt Income Ratio | 39.92 | 38.0 | True data verified per appraisal and loan documents. |
| 333 | XXX | Borrower 1 Citizen | XXX | XXX | True data verified per final 1003. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 333 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | True data verified per Note. |
| 333 | XXX | Qualifying LTV | 54.65 | 54.64 | True data verified per appraisal and loan documents. |
| 333 | XXX | Qualifying CLTV | 54.65 | 54.64 | True data verified per appraisal and loan documents. |
| 333 | XXX | Total Qualified Assets Post-Close | 68785.41 | 48749.75 | True data verified per bank statements. |
| 333 | XXX | Qualifying Total Debt Income Ratio | 39.34 | 43.0 | True data verified per credit report and loan documents. |
| 229 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | interest rate is correct |
| 229 | XXX | Qualifying CLTV | 72.5 | 73.0 | cltv correct |
| 229 | XXX | Qualifying LTV | 72.5 | 73.0 | ltv correct |
| 259 | XXX | Property Address | XXX | XXX | Per Note |
| 259 | XXX | Total Qualified Assets Post-Close | 951968.02 | 2463334.0 | Per Assets |
| 259 | XXX | Qualifying Total Debt Income Ratio | 47.03 | 47.52 | Per Credit and REO docs |
| 295 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | 6.25 per the note |
| 295 | XXX | Total Qualified Assets Post-Close | 764669.17 | 1161823.83 | $1,279,559.85 Total available assets verified by Audit Prior to Closing <br>$1,161,823.83 Total available assets verified by Lender/AUS Prior to Closing <br>$764,669.17 Total available assets verified by Audit Post-Closing <br>XXX#XXX audit balance is $999,391.47. AUS balance is $881,655.45. |
| 275 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Tape data matches audit Interest Rate, however is fraction of 1. |
| 275 | XXX | Total Monthly Property Insurance Amount | 132.52 | 45.85 | Audit is total of Hazard and Fire insurance. Tape data is Hazard insurance only. |
| 275 | XXX | Total Qualified Assets Post-Close | 257761.85 | 602157.39 | As per post-closing assets total. Tape data is total assets pre-closing. |
| 275 | XXX | Qualifying Total Debt Income Ratio | 42.65 | 32.19 | Tape data 32.19% DTI is initial DU submission 1 DTI from XXX. Final LPA AUS submission 15 dated XXX shows a higher DTI of 47%. The audit calculated a lower DTI than the lender final AUS due to: 1) B1 Overtime Income Calculation - The paystubs show the borrower is paid bi-weekly and is paid around 6 days after the pay period end date. Therefore, the first pay period of the 2025 YTD would be 12/15/24 - 12/28/24. The WVOE dated XXX states that it is current as of XXX. The total income is $120,042.68. The earliest paystub provided is for the pay period from XXX-XXX and shows a total income of $132,306.68; the variance between these 2 totals is $12,264, which is 2 pay periods. Therefore, the $120,042.68 total would actually be through the XXX-XXX pay period. The lender qualified the borrower with 2025 YTD average Overtime income of $1,826.67, however the lender used an incorrect 2025 timeframe of 12/15/24-8/29/25 based on the WVOE "current as of date", and did not take into consideration the paystubs provided. The audit used the correct timeframe of 12/15/24-8/9/25 and calculated a higher 2025 YTD overtime income of $2,015.73. 2) REO Net Rent Calculation: XXX - The prior mortgage on the property at XXX was with XXX XXX and had a total mortgage payment on the credit report of $5340, which is what is shown on the Final 1003. However, the Final CD for the refinance mortgage shows and updated P&I of $3,933.50 and T&I of $2,154.54 (that matches what is shown on the Final 1003). Therefore, the audit calculations for negative net rent of $2,375.54 do not match the Final 1003 negative net rent calculations of $3,781.54. |
| 322 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Per note |
| 322 | XXX | Total Monthly Property Insurance Amount | 152.42 | 154.42 | Per hazard policy |
| 322 | XXX | Total Qualified Assets Post-Close | 180791.02 | 368582.75 | Per assets |
| 322 | XXX | Qualifying Total Debt Income Ratio | 40.36 | 43.63 | Per DTI |
| 327 | XXX | Qualifying Interest Rate | 5.875 | 0.05875 | Per note |
| 327 | XXX | Total Qualified Assets Post-Close | 81507.08 | 312962.87 | Per assets |
| 290 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Per note |
| 290 | XXX | Total Qualified Assets Post-Close | 1350337.46 | 1506814.71 | Per assets |
| 239 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Rate is correct |
| 239 | XXX | Qualifying LTV | 47.53 | 48.0 | CLTV is correct |
| 239 | XXX | Qualifying CLTV | 47.53 | 48.0 | Cltv is correct |
| 239 | XXX | Total Qualified Assets Post-Close | 401383.17 | 415589.53 | LTV is correct |
| 317 | XXX | Property Address | XXX | XXX | As per Final CD. Tape data is ALL CAPS. |
| 317 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Tape data matches audit. Tape data is interest rate fraction of 1. |
| 317 | XXX | Total Monthly Property Insurance Amount | 682.08 | 682.09 | Audit system rounded 12-month average down to $.08 and tape data rounded up to $.09. |
| 317 | XXX | Total Qualified Assets Post-Close | 96407.52 | 109306.13 | As per post-closing total assets. Tape data is pre-closing assets. |
| 266 | XXX | Property Address | XXX | XXX | Per note |
| 266 | XXX | Qualifying Interest Rate | 6.625 | 0.06625 | Per note |
| 266 | XXX | Qualifying CLTV | 75.31 | 76.0 | Per CLTV |
| 266 | XXX | Qualifying LTV | 75.31 | 76.0 | Per LTV |
| 266 | XXX | Total Qualified Assets Post-Close | 61313.75 | 407716.43 | Per assets |
| 363 | XXX | Property Address | XXX | XXX | True data verified per Note. |
| 363 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | True data verified per Note. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 363 | XXX | Qualifying FICO | 794 | 0.0 | True data verified per credit report. |
| 363 | XXX | Qualifying LTV | 43.81 | 44.0 | True data verified per appraisal and loan documents. |
| 363 | XXX | Qualifying CLTV | 43.81 | 44.0 | True data verified per appraisal and loan documents. |
| 363 | XXX | Total Monthly Property Insurance Amount | 404.58 | 309.06 | True data verified per hazard insurance. |
| 363 | XXX | Total Qualified Assets Post-Close | 32777.95 | 43149.0 | True data verified per bank statements. |
| 289 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | True data verified per Note. |
| 289 | XXX | Total Qualified Assets Post-Close | 704701.38 | 909707.25 | True data verified per bank statements. |
| 289 | XXX | Qualifying Total Debt Income Ratio | 24.82 | 23.08 | True data verified per credit report and loan documents. |
| 365 | XXX | Property Address | XXX | XXX | Tape data is ALL CAPS |
| 365 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Tape data is same numbers but is a fraction of 1. |
| 365 | XXX | Total Qualified Assets Post-Close | 417637.16 | 463476.07 | As per post-closing funds. Tape data is pre-closing funds. |
| 292 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Tape Data is same, but is a fraction of 1. |
| 292 | XXX | Total Qualified Assets Post-Close | 535529.94 | 618650.62 | As per assets post-closing. Tape data is assets pre-closing. |
| 236 | XXX | Qualifying Interest Rate | 6.625 | 0.06625 | True data verified per Note. |
| 236 | XXX | Total Monthly Property Insurance Amount | 507.76 | 800.0 | True data verified per hazard policy. |
| 236 | XXX | Total Qualified Assets Post-Close | 630341.49 | 752389.97 | True data verified per bank statements. |
| 245 | XXX | Property Address | XXX | XXX | Per Note |
| 245 | XXX | Borrower 1 Last Name | XXX | XXX | Per Note |
| 245 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | Per Note |
| 245 | XXX | Total Monthly Property Insurance Amount | 5947.85 | 180.35 | Per Insurance |
| 245 | XXX | Total Qualified Assets Post-Close | 464756.87 | 557295.53 | Per Assets |
| 245 | XXX | Qualifying Total Debt Income Ratio | 15.59 | 16.0 | DTI match. LP round up |
| 373 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | mapping issue. |
| 373 | XXX | Qualifying FICO | 794 | 0.0 | Mapping issue. |
| 373 | XXX | Total Closing Costs | 16527.37 | 1375.0 | Total closing costs confirmed with copy of final CD. |
| 373 | XXX | Total Monthly Property Insurance Amount | 330.85 | 300.0 | Total monthly property insurance amount confirmed with HOI i nfile. |
| 373 | XXX | Total Qualified Assets Post-Close | 763313.34 | 957579.26 | Total qualified assets after close confirmed with asset documentation in file. |
| 373 | XXX | Qualifying Total Debt Income Ratio | 41.31 | 41.0 | Rounding. |
| 374 | XXX | Property Address | XXX | XXX | Capitalization. |
| 374 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Mapping issue. |
| 374 | XXX | Secondary Appraised Property Value | XXX | XXX | Mapping issue. |
| 374 | XXX | Qualifying CLTV | 80.0 | 90.0 | Qualifying CLTV confirmed with approval in file. |
| 374 | XXX | Qualifying LTV | 80.0 | 90.0 | Qualifying LTV confirmed with approval in file. |
| 374 | XXX | Total Qualified Assets Post-Close | 2254385.2 | 1353396.9 | Total qualified assets post closing confirmed with asset documentation in file. |
| 374 | XXX | Qualifying Total Debt Income Ratio | 28.2 | 43.09 | . |
| 308 | XXX | Qualifying Interest Rate | 6.875 | 0.06875 | Mapping issue. |
| 308 | XXX | Qualifying CLTV | 60.89 | 61.0 | Rounding. |
| 308 | XXX | Qualifying LTV | 60.89 | 61.0 | Rounding. |
| 308 | XXX | Total Qualified Assets Post-Close | 699391.83 | 1376312.76 | Total Qualified assets post closing confirmed with asset documentation in file. |
| 308 | XXX | Qualifying Total Debt Income Ratio | 27.74 | 28.72 | Audit verified less subject monthly taxes amount. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 376 | XXX | Property Address | XXX | XXX | True data matches property address included on note. |
| 376 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | Tape data has different decimal placement |
| 376 | XXX | Total Qualified Assets Post-Close | 254421.02 | 331657.81 | True data is assets after closing. |
| 272 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | 6.5 |
| 272 | XXX | Total Monthly Property Insurance Amount | 412.83 | 412.84 | insurance is correct |
| 272 | XXX | Total Qualified Assets Post-Close | 364772.45 | 742494.6 | Post close assets are correct |
| 180 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Per Note |
| 180 | XXX | Total Qualified Assets Post-Close | 644575.15 | 1024166.13 | Per Assets |
| 180 | XXX | Qualifying Total Debt Income Ratio | 36.29 | 36.07 | Updated per credit docs in the file. DTI matches final 1008 |
| 175 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Per note |
| 175 | XXX | Qualifying LTV | 44.47 | 45.0 | Per LTV |
| 175 | XXX | Qualifying CLTV | 44.47 | 45.0 | Per CLTV |
| 175 | XXX | Total Qualified Assets Post-Close | 236590.12 | 2300256.47 | Per assets |
| 342 | XXX | Property Address | XXX | XXX |  |
| 342 | XXX | Qualifying Interest Rate | 5.5 | 0.055 | interest rate is correct |
| 342 | XXX | Total Closing Costs | 19892.9 | 58063.98 | Closing costs are correct |
| 342 | XXX | Qualifying LTV | 80.0 | 79.99 | LTV is correct |
| 342 | XXX | Qualifying CLTV | 80.0 | 79.99 | Cltv is correct |
| 342 | XXX | Total Qualified Assets Post-Close | 335698.28 | 221000.0 | Post close assets are correct |
| 342 | XXX | Qualifying Total Debt Income Ratio | 44.01 | 45.0 | DTI is rounded |
| 330 | XXX | Property Address | XXX | XXX | Per note |
| 330 | XXX | Qualifying Interest Rate | 6.75 | 0.0675 | Per note |
| 330 | XXX | Total Qualified Assets Post-Close | 140510 | 345476.28 | Per assets |
| 300 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Per note |
| 300 | XXX | Qualifying LTV | 68.7 | 69.0 | Per LTV |
| 300 | XXX | Qualifying CLTV | 68.7 | 69.0 | Per CLTV |
| 300 | XXX | Total Monthly Property Insurance Amount | 223.47 | 233.53 | Per property insurance |
| 300 | XXX | Total Qualified Assets Post-Close | 380086.96 | 773605.12 | Per assets |
| 300 | XXX | Qualifying Total Debt Income Ratio | 28.96 | 29.0 | Per DTI |
| 293 | XXX | Qualifying Interest Rate | 6.625 | 0.06625 | Per Documentation |
| 293 | XXX | Qualifying LTV | 74.43 | 75.0 | Per Documentation |
| 293 | XXX | Qualifying CLTV | 74.43 | 75.0 | Per Documentation |
| 293 | XXX | Total Monthly Property Insurance Amount | 208.17 | 150.0 | Per Documentation |
| 293 | XXX | Total Qualified Assets Post-Close | 191751.65 | 211134.79 | Per Documentation |
| 293 | XXX | Qualifying Total Debt Income Ratio | 29.25 | 28.67 | Per Documentation |
| 260 | XXX | Qualifying Interest Rate | 6.125 | 0.06125 | Discrepancy is due to data entry, True data is correct. |
| 260 | XXX | Total Monthly Property Insurance Amount | 102.67 | 102.7 | Discrepancy is due to data entry, True data is correct. |
| 260 | XXX | Total Qualified Assets Post-Close | 373498.45 | 334811.3 | Discrepancy is due to data entry, Verified assets are $507,872.92 |
| 260 | XXX | Qualifying Total Debt Income Ratio | 23.02 | 23.0 | Discrepancy is due to data entry, True data is correct. |
| 261 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | Mapping issue. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 261 | XXX | Property County | XXX | XXX | . |
| 261 | XXX | Total Qualified Assets Post-Close | 588774.16 | 919302.47 | Total Qualified assets post closing confirmed with documentation in file. |
| 261 | XXX | Qualifying Total Debt Income Ratio | 36.72 | 37.0 | Rounding. |
| 240 | XXX | Qualifying Interest Rate | 6.0 | 0.06 | Per Note |
| 240 | XXX | Borrower 1 FTHB | false | true | Per 1003 |
| 240 | XXX | Total Qualified Assets Post-Close | 478536.38 | 883642.83 | Per Assets |
| 240 | XXX | Qualifying Total Debt Income Ratio | 37.67 | 38.28 | DTI matches lender AUS #7 |
| 294 | XXX | Qualifying Interest Rate | 6.25 | 0.0625 | Tape data has different decimal placement. |
| 294 | XXX | Property County | XXX | XXX | True data matches mortgage deed. |
| 294 | XXX | Total Qualified Assets Post-Close | 135256.36 | 503683.51 | True data is assets available after closing. |
| 305 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Discrepancy is due to data entry, True data is correct. |
| 305 | XXX | Qualifying CLTV | 68.78 | 69.0 | Discrepancy is due to data entry, True data is correct. |
| 305 | XXX | Qualifying LTV | 68.78 | 69.0 | Discrepancy is due to data entry, True data is correct. |
| 305 | XXX | Total Qualified Assets Post-Close | 120564.79 | 419208.23 | Discrepancy is due to data entry, Verified assets are $485,576.7. |
| 305 | XXX | Qualifying Total Debt Income Ratio | 49.28 | 49.97 | Discrepancy is due to data entry, True data is correct. |
| 221 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Discrepancy is due to data entry, True data is correct. |
| 221 | XXX | Total Qualified Assets Post-Close | 1.407692786E7 | 480212.82 | Discrepancy is due to data entry, True data is correct. |
| 221 | XXX | Qualifying Total Debt Income Ratio | 35.58 | 31.0 | Discrepancy is due to data entry, True data is correct. |
| 359 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Per note |
| 359 | XXX | Borrower 1 Self-Employment Flag | Yes | No | Per 1003 |
| 359 | XXX | Qualifying FICO | 791 | 0.0 | Per Credit report |
| 359 | XXX | Qualifying LTV | 76.15 | 77.0 | Per LTV |
| 359 | XXX | Qualifying CLTV | 76.15 | 77.0 | Per CLTV |
| 280 | XXX | Qualifying Interest Rate | 6.375 | 0.06375 | Per note |
| 280 | XXX | Qualifying LTV | 54.35 | 58.0 | AUS LTV = 55% |
| 280 | XXX | Qualifying CLTV | 54.35 | 58.0 | AUS CLTV = 55% |
| 280 | XXX | Total Monthly Property Insurance Amount | 312.74 | 333.33 | Per HOI policy |
| 280 | XXX | Total Qualified Assets Post-Close | 100504.12 | 430084.57 | Per asset documents |
| 280 | XXX | Qualifying Total Debt Income Ratio | 9.51 | 9.49 | Recalculate income is $194.96 less than total income used to qualify. The variance is within tolerance. |
| 318 | XXX | Qualifying Interest Rate | 6.5 | 0.065 | Per Documentation |
| 318 | XXX | Qualifying CLTV | 77.3 | 78.0 | Per Documentation |
| 318 | XXX | Qualifying LTV | 77.3 | 78.0 | Per Documentation |
| 318 | XXX | Total Qualified Assets Post-Close | 277361.7 | 286673.0 | Per Documentation |
| 262 | XXX | Property Address | XXX | XXX | Post close assets are correct |
| 262 | XXX | Qualifying Interest Rate | 5.875 | 0.05875 | Rate is correct |
| 262 | XXX | Property County | XXX | XXX | XXX County is correct |
| 262 | XXX | Total Closing Costs | 47057.31 | 29087.04 | closing cost are correct |
| 262 | XXX | Total Monthly Property Insurance Amount | 278.31 | 350.0 | rate is correct |
| 262 | XXX | Total Qualified Assets Post-Close | 183827.09 | 482442.96 | insurance is correct |
| 262 | XXX | Qualifying Total Debt Income Ratio | 49.52 | 42.63 | DTI is correct |

---

## Exhibit 99.9

**EXHIBIT 99.9** 

**CONSOLIDATED ANALYTICS GRADING SUMMARY REPORT** 

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller<br>Loan<br>ID** | **Investor<br>Loan<br>ID** | **Original<br>Loan<br>Amount** |
| &nbsp;&nbsp;&nbsp;&nbsp; 185 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 182 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 193 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 199 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 226 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 201 | XXX |  |  | XXX D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 202 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 263 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  |  | XXX D B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 238 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  |  | XXX C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 235 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 218 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 224 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  |  | XXX D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 203 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 195 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 343 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 237 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 177 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 249 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 270 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 208 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | XXX |  |  | XXX D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 233 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 179 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 192 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 200 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 215 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 341 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 257 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 204 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 314 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 349 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 353 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 311 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 324 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 288 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 246 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  |  | XXX D B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 225 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 189 | XXX |  |  | XXX D A C |
| &nbsp;&nbsp;&nbsp;&nbsp; 228 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 351 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 198 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | XXX |  |  | XXX C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 212 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 186 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 222 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 190 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 234 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 227 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 223 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 271 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 312 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 259 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 295 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 275 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 322 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 327 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 290 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 239 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 266 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 289 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 365 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 292 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  |  | XXX C D A |
| &nbsp;&nbsp;&nbsp;&nbsp; 245 | XXX |  |  | XXX C A B |
| &nbsp;&nbsp;&nbsp;&nbsp; 373 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 374 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 308 | XXX |  |  | XXX C B A |
| &nbsp;&nbsp;&nbsp;&nbsp; 376 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 272 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 180 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 175 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 342 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 330 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 300 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 293 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 286 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 260 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 261 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 240 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 294 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 265 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 268 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 253 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 305 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 282 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 221 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 359 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 280 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 318 | XXX |  |  | XXX C A |
| &nbsp;&nbsp;&nbsp;&nbsp; 262 | XXX |  |  | XXX C A |

---

## Exhibit 99.10

**EXHIBIT 99.10** 

**CONSOLIDATED ANALYTICS ATR QM REPORT** 

------

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Final QM Status** | **QM Total<br>Points and Fees** | **APR** | **Residual<br>Income** | **Residual Income<br>Meets Guidelines?** | **Borrower 1<br>Employment<br>Indicator** | **Borrower 2<br>Employment<br>Indicator** | **Borrower 1<br>Foreign<br>National<br>Indicator** | **Borrower 2<br>Foreign<br>National<br>Indicator** | **Business<br>Purpose<br>Loan?** | **Business<br>Purpose<br>Verified?** |
| &nbsp;&nbsp;&nbsp;185 | XXX | QM: Safe Harbor APOR (APOR SH) | 15863 | 6.415 | 10270.79 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;182 | XXX | QM: Safe Harbor APOR (APOR SH) | 19409 | 6.854 | 11245.56 | No | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;193 | XXX | QM: Safe Harbor APOR (APOR SH) | 9494 | 6.481 | 60412.39 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;199 | XXX | QM: Safe Harbor APOR (APOR SH) | 12534.5 | 6.2 | 54278.47 | N/A | Retired | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;226 | XXX | QM: Safe Harbor APOR (APOR SH) | 9668.04 | 6.134 | 44186.04 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;201 | XXX | QM: Safe Harbor APOR (APOR SH) | 19173.2 | 6.891 | 15749.23 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;202 | XXX | QM: Safe Harbor APOR (APOR SH) | 4423.64 | 6.193 | 14318.81 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;263 | XXX | QM: Safe Harbor APOR (APOR SH) | 14669 | 6.21 | 25479.12 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;364 | XXX | QM: Safe Harbor APOR (APOR SH) | 1745 | 6.149 | 57164.77 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;352 | XXX | QM: Safe Harbor APOR (APOR SH) | 2425 | 6.776 | 27433.42 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;238 | XXX | QM: Safe Harbor APOR (APOR SH) | 21116.2 | 6.434 | 44889.69 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;369 | XXX | QM: Safe Harbor APOR (APOR SH) | 1945 | 6.391 | 38765.98 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;254 | XXX | QM: Safe Harbor APOR (APOR SH) | 21161 | 6.861 | 22793.27 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;235 | XXX | QM: Safe Harbor APOR (APOR SH) | 31179.8 | 6.516 | 51452.16 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;366 | XXX | QM: Safe Harbor APOR (APOR SH) | 2225 | 6.425 | 21992.91 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;218 | XXX | QM: Safe Harbor APOR (APOR SH) | 9070.75 | 6.129 | 32939.4 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;224 | XXX | QM: Safe Harbor APOR (APOR SH) | 17577.02 | 6.092 | 17594.93 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;197 | XXX | QM: Safe Harbor APOR (APOR SH) | 10874.64 | 5.995 | 20798.86 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;358 | XXX | QM: Safe Harbor APOR (APOR SH) | 2260 | 6.552 | 23624.73 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;344 | XXX | QM: Safe Harbor APOR (APOR SH) | 2430.25 | 6.127 | 24782.43 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;313 | XXX | QM: Safe Harbor APOR (APOR SH) | 1809 | 6.437 | 27991.76 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;203 | XXX | QM: Safe Harbor APOR (APOR SH) | 14669 | 6.271 | 49961.3 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;350 | XXX | QM: Safe Harbor APOR (APOR SH) | 4623.75 | 6.17 | 21129.85 | N/A | Employed | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;195 | XXX | QM: Safe Harbor APOR (APOR SH) | 10958 | 6.24 | 7629.28 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;343 | XXX | QM: Safe Harbor APOR (APOR SH) | 3496 | 6.791 | 9071.25 | Yes | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;237 | XXX | QM: Safe Harbor APOR (APOR SH) | 12269 | 6.097 | 27409.44 | N/A | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;177 | XXX | QM: Safe Harbor APOR (APOR SH) | 23913.25 | 6.488 | 64470.01 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;249 | XXX | QM: Safe Harbor APOR (APOR SH) | 11267 | 6.383 | 23339.39 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;270 | XXX | QM: Safe Harbor APOR (APOR SH) | 21144 | 6.811 | 40908.43 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;208 | XXX | QM: Safe Harbor APOR (APOR SH) | 7004 | 6.436 | 20849.07 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;243 | XXX | QM: Safe Harbor APOR (APOR SH) | 17729 | 6.771 | 26160.08 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;233 | XXX | QM: Safe Harbor APOR (APOR SH) | 10751.72 | 6.247 | 14366.59 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;179 | XXX | QM: Safe Harbor APOR (APOR SH) | 10206.25 | 6.487 | 17136.34 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;192 | XXX | QM: Safe Harbor APOR (APOR SH) | 13698.68 | 6.141 | 27377.79 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;340 | XXX | QM: Safe Harbor APOR (APOR SH) | 30295 | 6.474 | 479257.8 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;200 | XXX | QM: Safe Harbor APOR (APOR SH) | 11954 | 6.294 | 36712.4 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;206 | XXX | QM: Safe Harbor APOR (APOR SH) | 10969 | 6.235 | 24450.7 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;215 | XXX | QM: Safe Harbor APOR (APOR SH) | 6185 | 6.333 | 9374.78 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;188 | XXX | QM: Safe Harbor APOR (APOR SH) | 14656.5 | 6.296 | 31465.84 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;191 | XXX | QM: Safe Harbor APOR (APOR SH) | 13946.06 | 6.512 | 30167.17 | N/A | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;341 | XXX | QM: Safe Harbor APOR (APOR SH) | 1490 | 6.647 | 17614.5 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;339 | XXX | QM: Safe Harbor APOR (APOR SH) | 1245 | 6.814 | 9217.11 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;257 | XXX | QM: Safe Harbor APOR (APOR SH) | 15185.57 | 6.686 | 18622.66 | Pending Credit Review | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;204 | XXX | QM: Safe Harbor APOR (APOR SH) | 22003.99 | 6.143 | 26860.69 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;314 | XXX | QM: Safe Harbor APOR (APOR SH) | 2279.73 | 6.144 | 31526.48 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;349 | XXX | QM: Safe Harbor APOR (APOR SH) | 2740 | 6.264 | 92071.87 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;348 | XXX | QM: Safe Harbor APOR (APOR SH) | 5526.35 | 6.814 | 9116.98 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;353 | XXX | QM: Safe Harbor APOR (APOR SH) | 2425 | 6.401 | 15256.36 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;311 | XXX | QM: Safe Harbor APOR (APOR SH) | 3977.84 | 7.152 | 38211.8 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;324 | XXX | QM: Safe Harbor APOR (APOR SH) | 3822.1 | 6.181 | 15805.72 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;288 | XXX | QM: Safe Harbor APOR (APOR SH) | 12074.96 | 6.15 | 10528.91 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;246 | XXX | QM: Safe Harbor APOR (APOR SH) | 10351 | 6.611 | 17217.31 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;309 | XXX | QM: Safe Harbor APOR (APOR SH) | 0 | 6.387 | 22890.26 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;225 | XXX | QM: Safe Harbor APOR (APOR SH) | 21165.26 | 6.386 | 31451.89 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;189 | XXX | QM: Safe Harbor APOR (APOR SH) | 11369 | 6.087 | 42760.3 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;228 | XXX | QM: Safe Harbor APOR (APOR SH) | 6070.68 | 6.038 | 30228.06 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;351 | XXX | QM: Safe Harbor APOR (APOR SH) | 0 | 6.632 | 30934.28 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;325 | XXX | QM: Safe Harbor APOR (APOR SH) | 1890 | 6.409 | 26041.48 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;198 | XXX | QM: Safe Harbor APOR (APOR SH) | 25056.5 | 6.436 | 12969.71 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;321 | XXX | QM: Safe Harbor APOR (APOR SH) | 2125 | 6.526 | 15628.8 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;370 | XXX | QM: Safe Harbor APOR (APOR SH) | 1745 | 6.407 | 18238.96 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;212 | XXX | QM: Safe Harbor APOR (APOR SH) | 11117.43 | 6.13 | 27654.55 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;186 | XXX | QM: Safe Harbor APOR (APOR SH) | 10508 | 6.624 | 15830.26 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;187 | XXX | QM: Safe Harbor APOR (APOR SH) | 26167.87 | 6.759 | 31564.35 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;222 | XXX | QM: Safe Harbor APOR (APOR SH) | 35716.34 | 6.441 | 35271.5 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;190 | XXX | QM: Safe Harbor APOR (APOR SH) | 10569 | 6.611 | 14688.16 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;234 | XXX | QM: Safe Harbor APOR (APOR SH) | 12852.06 | 6.386 | 122832.01 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;227 | XXX | QM: Safe Harbor APOR (APOR SH) | 9500.33 | 6.21 | 27529.51 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;223 | XXX | QM: Safe Harbor APOR (APOR SH) | 26202.9 | 6.3 | 17320.64 | N/A | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;271 | XXX | QM: Safe Harbor APOR (APOR SH) | 6950.78 | 6.369 | 11781 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;312 | XXX | QM: Safe Harbor APOR (APOR SH) | 3959 | 6.686 | 14358.28 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;333 | XXX | QM: Safe Harbor APOR (APOR SH) | 2779 | 6.021 | 14814.94 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;229 | XXX | QM: Safe Harbor APOR (APOR SH) | 15677.82 | 6.356 | 32843.42 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;259 | XXX | QM: Safe Harbor APOR (APOR SH) | 11414 | 6.333 | 36689.56 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;295 | XXX | QM: Safe Harbor APOR (APOR SH) | 11165 | 6.281 | 54520.44 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;275 | XXX | QM: Safe Harbor APOR (APOR SH) | 11288 | 6.268 | 18040.99 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;322 | XXX | QM: Safe Harbor APOR (APOR SH) | 1014 | 6.17 | 11647.15 | Yes | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;327 | XXX | QM: Safe Harbor APOR (APOR SH) | 24002 | 6.152 | 22111.38 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;290 | XXX | QM: Safe Harbor APOR (APOR SH) | 10278.64 | 6.619 | 17474.02 | Yes | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;239 | XXX | QM: Safe Harbor APOR (APOR SH) | 10259 | 6.215 | 14988.29 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;317 | XXX | QM: Safe Harbor APOR (APOR SH) | 1095 | 6.511 | 32887.12 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;266 | XXX | QM: Safe Harbor APOR (APOR SH) | 21167.24 | 6.64 | 11262.14 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;363 | XXX | QM: Safe Harbor APOR (APOR SH) | 2325 | 6.153 | 15763.36 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;289 | XXX | QM: Safe Harbor APOR (APOR SH) | 11579.6 | 6.285 | 19941.33 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;365 | XXX | QM: Safe Harbor APOR (APOR SH) | 2260 | 6.445 | 34230.31 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;292 | XXX | QM: Safe Harbor APOR (APOR SH) | 9695.6 | 6.514 | 20611.24 | N/A | Employed | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;236 | XXX | QM: Safe Harbor APOR (APOR SH) | 29969 | 6.843 | 44170.75 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;245 | XXX | QM: Safe Harbor APOR (APOR SH) | 19050.5 | 6.294 | 156772.75 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;373 | XXX | QM: Safe Harbor APOR (APOR SH) | 1995 | 6.165 | 19816.71 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;374 | XXX | QM: Safe Harbor APOR (APOR SH) | 1490 | 6.534 | 45963.19 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;308 | XXX | QM: Safe Harbor APOR (APOR SH) | 6741.2 | 6.986 | 53697.75 | N/A | Employed | Unknown | No | No | No |  |
| &nbsp;&nbsp;&nbsp;376 | XXX | QM: Safe Harbor APOR (APOR SH) | 3715 | 6.292 | 11146.01 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;272 | XXX | QM: Safe Harbor APOR (APOR SH) | 6561 | 6.552 | 14290.84 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;180 | XXX | QM: Safe Harbor APOR (APOR SH) | 21982.1 | 6.402 | 24120.95 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;175 | XXX | QM: Safe Harbor APOR (APOR SH) | 16166.5 | 6.399 | 16949.41 | Yes | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;342 | XXX | QM: Safe Harbor APOR (APOR SH) | 1490 | 5.545 | 10731.21 | N/A | Employed | Retired | No | No | No |  |
| &nbsp;&nbsp;&nbsp;330 | XXX | QM: Safe Harbor APOR (APOR SH) | 1095 | 6.797 | 13410.31 | Yes | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;300 | XXX | QM: Safe Harbor APOR (APOR SH) | 16719 | 6.416 | 18099.31 | Pending Credit Review | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;293 | XXX | QM: Safe Harbor APOR (APOR SH) | 10919 | 6.753 | 17686.5 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;286 | XXX | QM: Safe Harbor APOR (APOR SH) | 28261.1 | 6.779 | 27516.04 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;260 | XXX | QM: Safe Harbor APOR (APOR SH) | 9855.08 | 6.236 | 28283.65 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;261 | XXX | QM: Safe Harbor APOR (APOR SH) | 14669.08 | 6.119 | 23375.34 | N/A | Employed | Not Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;240 | XXX | QM: Safe Harbor APOR (APOR SH) | 30348.32 | 6.138 | 15657.22 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;294 | XXX | QM: Safe Harbor APOR (APOR SH) | 10190.5 | 6.384 | 13786.17 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;265 | XXX | QM: Safe Harbor APOR (APOR SH) | 7210.76 | 6.093 | 22806.91 | N/A | Not Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;268 | XXX | QM: Safe Harbor APOR (APOR SH) | 19459.59 | 6.153 | 28293.7 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;253 | XXX | QM: Safe Harbor APOR (APOR SH) | 16062.25 | 6.799 | 35393.95 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;305 | XXX | QM: Safe Harbor APOR (APOR SH) | 14684 | 6.579 | 8453.5 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;282 | XXX | QM: Safe Harbor APOR (APOR SH) | 15072.53 | 6.273 | 31991.44 | N/A | Retired |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;221 | XXX | QM: Safe Harbor APOR (APOR SH) | 21163.6 | 6.388 | 37264.86 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;359 | XXX | QM: Safe Harbor APOR (APOR SH) | 2773 | 6.515 | 27753.56 | Yes | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;280 | XXX | QM: Safe Harbor APOR (APOR SH) | 10074 | 6.477 | 76495.62 | N/A | Employed |  | No |  | No |  |
| &nbsp;&nbsp;&nbsp;318 | XXX | QM: Safe Harbor APOR (APOR SH) | 19624.86 | 6.737 | 17711.22 | N/A | Employed | Employed | No | No | No |  |
| &nbsp;&nbsp;&nbsp;262 | XXX | QM: Safe Harbor APOR (APOR SH) | 18166.05 | 6.097 | 14739.41 | N/A | Employed | Employed | No | No | No |  |

---

## Exhibit 99.11

**EXHIBIT 99.11** 

**CONSOLIDATED ANALYTICS VALUATIONS SUMMARY REPORT** 

------

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Deal ID** | **Loan ID** | **Seller <br>Loan <br>ID** | **Investor <br>Loan ID** | **Note<br>Date** | **Original <br>Loan<br>Amount** | **Sales <br>Price** | **Total<br>Adjusted <br>Prior<br>Purchase <br>Price** | **Primary<br>Appraised <br>Value** | **Primary<br>Appraisal <br>Date** | **Primary Appraisal Type** | **Value <br>for<br>LTV** | **LTV** | **CLTV** | **Loan<br>Reviewed <br>Property <br>Value** | **Loan<br>Reviewed <br>Variance <br>Amount** | **Loan<br>Reviewed <br>Variance <br>Percent** | **Loan Reviewed Product<br>Type** | **Loan<br>Post-<br>Close<br>Reviewed <br>Property<br>Value** | **Loan<br>Post-<br>Close<br>Reviewed <br>Variance<br>Amount** | **Loan<br>Post-<br>Close<br>Reviewed <br>Variance<br>Percent** | **Loan Post-<br>Close<br>Reviewed <br>Product<br>Type** | **Second<br>Appraisal <br>Value** | **Second<br>Appraisal <br>Variance<br>Amount** | **Second<br>Appraisal <br>Variance<br>Percent** | **Second<br>Appraisal <br>Date** | **Second<br>Appraisal <br>Type** | **AVM<br>Appraised <br>Value** | **AVM<br>Variance <br>Amount** | **AVM<br>Variance <br>Percent** | **AVM<br>Confidence <br>Score** | **FSD<br>Score** | **AVM<br>Company <br>Name** | **AVM<br>Product <br>Name** | **AVM<br>Appraisal <br>Date** | **Desk<br>Review<br>Appraised <br>Value** | **Desk <br>Review <br>Variance <br>Amount** | **Desk <br>Review <br>Variance <br>Percent** | **Desk <br>Review <br>Company** | **Desk Review <br>Risk Score** | **Desk<br>Review<br>Appraisal <br>Date** | **Second<br>Desk<br>Review<br>Variance <br>Amount** | **Second<br>Desk<br>Review<br>Variance <br>Percent** | **Second<br>Desk<br>Review<br>Appraisal <br>Date** | **Second<br>Desk<br>Review<br>Appraised <br>Value** | **Desk Top<br>Appraised <br>Value** | **Desk Top<br>Variance <br>Amount** | **Desk Top<br>Variance <br>Percent** | **Desk Top <br>Company** | **Desk Top <br>Appraisal <br>Date** | **BPO<br>Appraised <br>Value** | **BPO<br>Variance <br>Amount** | **BPO<br>Variance <br>Percent** | **BPO<br>Company** | **BPO<br>Appraisal <br>Date** | **Field<br>Review<br>Appraised <br>Value** | **Field<br>Review<br>Variance <br>Amount** | **Field<br>Review<br>Variance <br>Percent** | **Field<br>Review<br>Company** | **Field<br>Review<br>Appraisal <br>Date** | **2055<br>Appraised <br>Value** | **2055<br>Variance <br>Amount** | **2055<br>Variance <br>Percent** | **2055<br>Company** | **2055<br>Appraisal <br>Date** | **AVE/CMA<br>Appraised <br>Value** | **AVE/<br>CMA<br>Variance <br>Amount** | **AVE/<br>CMA<br>Variance <br>Percent** | **AVE/<br>CMA<br>Company** | **AVE/<br>CMA<br>Appraisal <br>Date** | **Other<br>Appraised <br>Value** | **Other<br>Variance <br>Amount** | **Other<br>Variance <br>Percent** | **Other<br>Appraisal <br>Date** | **Updated<br>Appraised <br>Value** | **Updated<br>Variance <br>Amount** | **Updated<br>Variance <br>Percent** | **Updated<br>Company** | **Updated<br>Appraisal<br>Date** | **Updated<br>Appraisal <br>Type** | **Loan<br>Collateral <br>Advisor<br>Risk<br>Score** | **Loan<br>Collateral <br>Advisor<br>Risk<br>Score<br>Date** | **Is Eligible<br>for Rep<br>and<br>Warrant<br>Relief per<br>Loan<br>Collateral<br>Advisor?** | **Collateral<br>Underwriter <br>Risk Score** | **Collateral<br>Underwriter <br>Risk Score<br>Date** |
| &nbsp;&nbsp;&nbsp;&nbsp; 185 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 64.24 | 64.24 |  |  |  |  | XXX | XXX | -.0712 | AVM |  |  |  |  |  | XXX | XXX | -.0712 | 93.0 | 0.07 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 182 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0045 | 94.0 | 0.06 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 193 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 41.87 | 41.87 |  |  |  |  | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 199 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 32.61 | 32.61 | XXX | XXX | -.5374 | AVM |  |  |  |  | XXX | XXX | -.0085 | XXX | 1004 URAR | XXX | XXX | -.5374 | 24.0 | 0.76 | XXX | HVE | XXX | XXX | XXX | -0.85% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 226 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 76.61 | 76.61 | XXX | XXX | .0602 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0602 | 91.0 | 0.09 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 201 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.93 | 70.93 | XXX | XXX | -.1297 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1297 | 85.0 | 0.15 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 202 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 77.45 | 77.45 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 263 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 75.0 | 75.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 364 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 63.78 | 63.78 |  |  |  |  | XXX | XXX | -.0476 | AVM |  |  |  |  |  | XXX | XXX | -.0476 | 90.0 | 0.1 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 352 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 68.36 | 68.36 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 238 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 74.96 | 74.96 | XXX | XXX | -.0119 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0119 | 91.0 | 0.09 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 369 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  | XXX | XXX | -.0793 | AVM |  |  |  |  |  | XXX | XXX | -.0793 | 93.0 | 0.07 | XXX | i-Val | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 254 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0142 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0142 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 235 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.1222 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1222 | 84.0 | 0.16 | XXX | HVE | XXX | XXX | 0 | 0 |  |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 366 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 218 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 66.58 | 66.58 | XXX | XXX | -.1209 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1209 | 91.0 | 0.09 | XXX | HVE | XXX | XXX | 0 | 0 | XXX | Low | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 224 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 197 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  | XXX | XXX | -.0706 | AVM |  |  |  |  |  | XXX | XXX | -.0706 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 358 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 344 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 56.11 | 56.11 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 313 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0282 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0282 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 203 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 74.07 | 74.07 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | .0882 | 86.0 | 0.14 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 350 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 60.75 | 60.75 | XXX | XXX | -.1359 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1359 | 90.0 | 0.1 | XXX | HVE | XXX | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 195 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0105 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0105 | 97.0 | 0.03 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 343 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 237 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 177 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 | XXX | XXX | -.0733 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0733 | 94.0 | 0.06 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 249 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0673 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0673 | 97.0 | 0.03 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 270 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0 | XXX | No variance | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 208 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 243 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0513 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -5.13% | XXX | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 233 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 179 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 192 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 340 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 57.97 | 57.97 | XXX | XXX | -.0717 | AVM |  |  |  |  | XXX | XXX | .0338 | XXX | 1004 URAR | XXX | XXX | -.0717 | 78.0 | 0.22 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 200 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  | XXX | XXX | .0909 | XXX | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 206 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 215 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0323 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0323 | 97.0 | 0.03 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 188 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 50.0 | 50.0 | XXX | XXX | -.0905 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0905 | 96.0 | 0.04 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 191 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 79.0 | 79.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 341 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 61.36 | 61.36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 339 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 257 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 79.98 | 79.98 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 204 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 69.53 | 69.53 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 314 | XXX |  |  | XXX | XXX |  | XXX | XXX | XXX | 1004 URAR | XXX | 74.79 | 74.79 | XXX | XXX | -.0204 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0204 | 88.0 | 0.12 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 349 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 78.88 | 78.88 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 348 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 69.23 | 69.23 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 353 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 75.91 | 75.91 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 311 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | 0.0 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 324 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 288 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 246 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 76.48 | 76.48 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 309 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 63.57 | 63.57 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | .0529 | 79.0 | 0.21 | Other | Other | XXX | XXX | 0 | 0 | XXX | Moderate | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 225 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 52.55 | 52.55 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.2468 | 87.0 | 0.13 |  |  |  | XXX | 0 | 0.00% | XXX |  | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 189 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 62.56 | 62.56 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 228 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 53.14 | 53.14 | XXX | XXX | -.0941 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0941 | 89.0 | 0.11 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 351 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 65.07 | 65.07 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 325 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0858 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0858 | 92.0 | 0.08 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 198 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.9 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 321 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.29 | 70.29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 370 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 65.0 | 65.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 212 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 68.01 | 68.01 | XXX | XXX | -.1993 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1993 | 90.0 | 0.1 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 186 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.56 | 73.37 |  |  |  |  | XXX | XXX | -.0070 | AVM |  |  |  |  |  | XXX | XXX | -.0070 | 94.0 | 0.06 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 187 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 74.23 | 74.23 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 222 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 58.12 | 58.12 | XXX | XXX | -.0547 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0547 | 96.0 | 0.04 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 190 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 234 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0632 | 85.0 | 0.15 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 227 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 69.72 | 69.72 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.3956 | 83.0 | 0.17 | Other | HVE | XXX | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 223 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 57.94 | 57.94 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 271 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 79.91 | 79.91 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 312 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 333 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 54.65 | 54.65 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0 | XXX | Moderate Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 229 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 72.5 | 72.5 | XXX | XXX | -.0194 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0194 | 90.0 | 0.1 | XXX | iAVM | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 259 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 50.0 | 50.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 295 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 275 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 68.0 | 68.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 322 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 327 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1073 Individual Condo Report | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 290 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 239 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 47.53 | 47.53 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 317 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 266 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 75.31 | 75.31 |  |  |  |  | XXX | XXX | -.0268 | AVM |  |  |  |  |  | XXX | XXX | -.0268 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 363 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 43.81 | 43.81 | XXX | XXX | -.0197 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0197 | 89.0 | 0.11 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 289 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0926 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | XXX | -9.26% | XXX | 9.3 | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 365 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.1 | XXX |
| &nbsp;&nbsp;&nbsp;&nbsp; 292 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXX | Eligible | 1.5 | XXX |
| &nbsp;&nbsp;&nbsp;&nbsp; 236 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0256 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0256 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 245 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1073 Individual Condo Report | XXX | 70.0 | 70.0 | XXX | XXX | -.0644 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0644 | 96.0 | 0.04 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 373 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 374 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 308 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 60.89 | 60.89 | XXX | XXX | -.0337 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0337 | 96.0 | 0.04 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 376 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 272 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.1035 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1035 | 93.0 | 0.07 | XXX | HVE | XXX | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 180 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 70.0 | 70.0 | XXX | XXX | -.0670 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0670 | 94.0 | 0.06 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 175 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 44.47 | 44.47 | XXX | XXX | -.0154 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0154 | 94.0 | 0.06 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 342 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 330 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 300 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 68.7 | 68.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 293 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 74.43 | 74.43 |  |  |  |  | XXX | XXX | -.0032 | AVM |  |  |  |  |  | XXX | XXX | -.0032 | 96.0 | 0.04 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 286 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 76.0 | 76.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 260 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | .0044 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0044 | 97.0 | 0.03 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.8 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 261 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 240 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 75.0 | 75.0 | XXX | XXX | -.0689 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0689 | 96.0 | 0.04 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 294 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1073 Individual Condo Report | XXX | 70.0 | 70.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 265 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0080 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0080 | 97.0 | 0.03 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.4 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 268 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 72.3 | 72.3 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1689 | 89.0 | 0.11 | Other | HVE | XXX | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 253 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 77.53 | 77.53 | XXX | XXX | .0939 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | .0939 | 91.0 | 0.09 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.7 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 305 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 68.78 | 68.78 | XXX | XXX | -.0302 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0302 | 96.0 | 0.04 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 282 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXX | 0 | 0.00% | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 221 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | 0 | .0000 | Desk Review |  |  |  |  |  |  |  |  |  | XXX | XXX | -.1009 | 93.0 | 0.7 | XXX | HVE | XXX | XXX | 0 | 0 | XXX | Low Risk | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.5 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 359 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 76.15 | 76.15 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 280 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 54.35 | 54.35 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 318 | XXX |  |  | XXX | XXX |  | 0 | XXX | XXX | 1004 URAR | XXX | 77.3 | 77.3 |  |  |  |  | XXX | XXX | -.0391 | AVM |  |  |  |  |  | XXX | XXX | -.0391 | 93.0 | 0.07 | Other | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 262 | XXX |  |  | XXX | XXX | XXX | 0 | XXX | XXX | 1004 URAR | XXX | 80.0 | 80.0 | XXX | XXX | -.0658 | AVM |  |  |  |  |  |  |  |  |  | XXX | XXX | -.0658 | 95.0 | 0.05 | XXX | HVE | XXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3.6 |  |

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