# EDGAR Filing Document

**Accession Number:** 0002057124
**File Stem:** 0001999371-26-007839
**Filing Date:** 2026-4
**Character Count:** 2608038
**Document Hash:** d3b94bbafcacc169896326d163042240
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-007839.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0001999371-26-007839

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

**PUBLIC DOCUMENT COUNT**: 54

**CONFORMED PERIOD OF REPORT**: 20260407

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

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-07763
- **FILM NUMBER:** 26845820

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLT Securitization Depositor, LLC
- **CENTRAL INDEX KEY:** 0002057124

**ORGANIZATION NAME:**
- **EIN:** 332723911
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206
- **BUSINESS PHONE:** 212-849-9658

**MAIL ADDRESS:**
- **STREET 1:** 6688 NORTH CENTRAL EXPRESSWAY
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75206

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION** **<br> Washington, D.C. 20549<br>FORM ABS-15G<br>ASSET-BACKED SECURITIZER<br> REPORT PURSUANT TO SECTION 15G OF<br> THE SECURITIES EXCHANGE ACT OF 1934**

**<u>COLT SECURITIZATION DEPOSITOR, LLC</u>**

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

---

| | |
|:---|:---|
| ☐ | Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period______________ to _________________ |
|  | Date of Report (Date of earliest event reported) __________________ |
|  | Commission File Number of securitizer: __________________ |
|  | Central Index Key Number of securitizer:__________________ |

---

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

---

| | |
|:---|:---|
|  | Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(l) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ☐ |
|  | Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ☐ |
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
|  | Central Index Key Number of depositor: 0002057124 |
|  | <u>COLT 2026-3 Mortgage Loan Trust</u> |
|  | (Exact name of issuing entity as specified in its charter) |
|  | Central Index Key Number of issuing entity (if applicable):<u> </u> |
|  | Central Index Key Number of underwriter (if applicable): ________________ |

---

<u>Donna Yi (212) 849-9658 </u> <br> 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 l5Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable

---

| | |
|:---|:---|
| **Item 1.02** | **Periodic Filing of Rule l5Ga-1 Representations and Warranties Disclosure** |

---

Not Applicable

---

| | |
|:---|:---|
| **Item 1.03** | **Notice of Termination of Duty to File Reports under Rule l5Ga-1** |

---

Not Applicable

**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 Issuer**

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

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

Not Applicable

**SIGNATURES**

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

---

| | |
|:---|:---|
| **COLT SECURITIZATION DEPOSITOR, LLC** | **COLT SECURITIZATION DEPOSITOR, LLC** |
| By: | /s/ Donna Yi |
| Name:  | Donna Yi |
| Title: | Vice President |

---

Date: April 7, 2026

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| [99.1](ex99-1.htm) | AMC Diligence, LLC ("AMC") Due Diligence Executive Summary |
| [99.2](ex99-2.htm) | AMC Valuation Summary |
| [99.3](ex99-3.htm) | AMC Exception Grades |
| [99.4](ex99-4.htm) | AMC Rating Agency Grades |
| [99.5](ex99-5.htm) | AMC Data Compare |
| [99.6](ex99-6.htm) | Clarifii LLC ("Clarifii") Narrative |
| [99.7](ex99-7.htm) | Clarifii Rating Agency Grades Detail Report |
| [99.8](ex99-8.htm) | Clarifii Rating Agency Grades Summary Report |
| [99.9](ex99-9.htm) | Clarifii Data Compare Report |
| [99.10](ex99-10.htm) | Clarifii Valuation Report |
| [99.11](ex99-11.htm) | Consolidated Analytics, Inc. ("Consolidated") Narrative |
| [99.12](ex99-12.htm) | Consolidated Grading Report Summary |
| [99.13](ex99-13.htm) | Consolidated Valuations Summary Report |
| [99.14](ex99-14.htm) | Consolidated Due Diligence Standard |
| [99.15](ex99-15.htm) | Consolidated Data Compare Report |
| [99.16](ex99-16.htm) | Digital Risk, LLC ("Digital Risk") Executive Summary |
| [99.17](ex99-17.htm) | Digital Risk Exception Report |
| [99.18](ex99-18.htm) | Digital Risk Rating Agency Report |
| [99.19](ex99-19.htm) | Digital Risk Valuation Securitization Report |
| [99.20](ex99-20.htm) | Digital Risk Data Integrity Report |
| [99.21](ex99-21.htm) | Evolve Mortgage Services ("Evolve") Executive Summary |
| [99.22](ex99-22.htm) | Evolve Rating Agency Grades |
| [99.23](ex99-23.htm) | Evolve Exception Detail |
| [99.24](ex99-24.htm) | Evolve Valuation Report |
| [99.25](ex99-25.htm) | Evolve Data Compare |
| [99.26](ex99-26.htm) | Maxwell Diligence Solutions, LLC ("MaxDiligence") Narrative |
| [99.27](ex99-27.htm) | MaxDiligence Standard Exceptions Report |
| [99.28](ex99-28.htm) | MaxDiligence Grading Report |
| [99.29](ex99-29.htm) | MaxDiligence Valuation Report |
| [99.30](ex99-30.htm) | MaxDiligence Data Compare Report |
| [99.31](ex99-31.htm) | Opus Capital Markets Consultants, LLC ("Opus") Executive Narrative |
| [99.32](ex99-32.htm) | Opus Rating Agency Grades Summary Report |
| [99.33](ex99-33.htm) | Opus Valuation Report |
| [99.34](ex99-34.htm) | Opus Data Compare Report |
| [99.35](ex99-35.htm) | Opus Standard Findings Report |
| [99.36](ex99-36.htm) | Selene Diligence LLC ("Selene") Narrative |
| [99.37](ex99-37.htm) | Selene Rating Agency Grades Summary Report |
| [99.38](ex99-38.htm) | Selene Standard Findings Report |
| [99.39](ex99-39.htm) | Selene Valuation Report |
| [99.40](ex99-40.htm) | Selene Data Compare Report |

---

## Exhibit 99.1

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.1**![](ex991001.jpg)

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed certain due diligence services described below on conforming and non-conforming residential mortgages acquired from various parties. The review was conducted on behalf of Lone Star Residential Acquisitions, LLC ("Client") during multiple transactions from between December 2025 to March 2026 via files imaged and provided by the Client's designee for review. The loans in the Review carried origination dates between August 2025 to March 2026. The Review included loans reviewed under the Credit and Compliance Scope (168 mortgage loans), and the Business Purpose Scope (193 loans). The mortgage loans (Credit and Compliance Scope) and the loans (Business Purpose Scope and Business Purpose Limited Compliance Scope) are together referred to as the Loans.

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

The initial population consisted of three hundred sixty-one (361) mortgage loans.

The final population of the Review covered three hundred sixty-one (361) mortgage loans totaling an aggregate original principal balance of approximately $180.464 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

The Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), identified in Item 3 of the ABS Due Diligence-15E.

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

AMC compared data fields on the tape provided by the Client to the data found in the actual mortgage loan file as captured by AMC. For the purposes of this disclosure, AMC's review only included fields that were included in a related data integrity review being performed by another vendor and did not include all fields that may have been available for data comparison at the time of original acquisition. This comparison, when data was available, included the following data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;# of Borrowers | &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;1003 - Originator Name | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Origination Company Name |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;Originator Application Date |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Investor: Qualifying Housing Ratio | &nbsp;&nbsp;PITIA Reserves Months |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;Lender | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Margin | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;Borrower Self-Employed? | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Standard - Interest Only Period (months) |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;Total Cash-out |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;Total Income |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Zip |

---

Additionally, AMC verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of

1 \| P a g e

![](ex991001.jpg)

the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio ("DTI(s)") and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines.

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

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

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

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

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

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

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

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

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

2 \| P a g e

![](ex991001.jpg)

property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

3 \| P a g e

![](ex991001.jpg)

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

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

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

▪ Reviewing
 and calculating that the DSCR and/or Property DTI conforms with applicable guidelines.

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

---

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

---

**DATA COLLECTION**

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

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

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

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

Other aspects of AMC's review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to the appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same (iv) confirming the appraisal report does not include any

4 \| P a g e

![](ex991001.jpg)

apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to AMC or if it was not directly accessible that another valuation product that was directly accessible to AMC was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

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

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

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

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

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

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

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

5 \| P a g e

![](ex991001.jpg)

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

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty threshold test; and

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

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

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

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

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

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

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

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

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

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

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

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

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

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

6 \| P a g e

![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

7 \| P a g e

![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(IV) Sections 1331 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:** 

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

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

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

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

AMC reviews applicable mortgage loans for compliance with the ATR and QM rule requirements based upon each mortgage loan's originator designation (Safe Harbor QM, Higher-priced QM, Temporary SHQM, Temporary HPQM, Non-QM, Exempt from ATR). AMC determines the mortgage loan's status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, AMC notes as a material exception if the due diligence

8 \| P a g e

![](ex991001.jpg)

findings do not confirm the originator's mortgage loan designation. Additionally, AMC notes if an originator mortgage loan designation was not provided.

*<u>Qualified Mortgage</u>*

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

---

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

---

---

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

---

---

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

---

For the mortgage loans determined to be Safe Harbor QM (APOR), the AMC report will indicate (i) "Yes" with respect to any mortgage loan for which the lender provided a Verification Safe Harbor, ("VSH") indicator of "Yes" on such mortgage loans, (ii) "No" with respect to any mortgage loan for which the lender provided a VSH indicator of "No" and (iii) "Not Stated" with respect to any mortgage loan for which the lender did not provide a VSH indicator.

\* Note, for mortgage loans in which the lender provided the VSH indicator, AMC captured the VSH indicator in the AMC report but did not verify the VSH indicator as provided by the related lender.

In addition to the above, for loans (i) that are designated as "Yes" with respect to a VSH indicator, (ii) for which such "Yes" VSH indicator was provided within the loan images, on the data tape or in the deal notes, and (iii) for which the related mortgage loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH, AMC performed an additional variance evaluation on such QM (APOR) mortgage loans. AMC's variance evaluation consists of a review of such mortgage loan to identify documentation variances that would cause one to question the VSH attestation provided by the lender. If variances were identified, the mortgage loan would not be identified by AMC to meet the VSH documentation requirements under either the Fannie Mae guidelines or under the Freddie Mac guidelines, and the AMC report will indicate "No" with respect to such mortgage loans. The results of the variance evaluation are reflected in the reports.

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

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

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

9 \| P a g e

![](ex991001.jpg)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

AMC noted the presence of recorded documents, when available. However, the majority of mortgage loans in the review population were new production and have only been closed for days or weeks at the time AMC reviewed the mortgage loans and thus have not yet been recorded. AMC verified that documents in the mortgage loan file (most typically closing

10 \| P a g e

![](ex991001.jpg)

instructions) included lender instructions for recording, and as applicable, the date the documents were sent for recording, and/or the date that the documents will be recorded.

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

**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 1003;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final
 TIL;

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

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

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

**<u>BUSINESS PURPOSE & LIMITED COMPLIANCE REVIEW</u>**

Includes Business Purpose Scope with additional limited compliance review below.

**State Compliance Review applicable to non-owner occupied loans:** 

SitusAMC will review each mortgage loan file to determine coverage, and if covered, verify compliance with the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) High
 Cost testing in Chicago Illinois and Cook County Illinois;

&nbsp;&nbsp;&nbsp;&nbsp;b) Higher
 Priced testing in Minnesota;

11 \| P a g e

![](ex991001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;c) Other
 applicable state testing in Maryland, Minnesota, New Jersey, West Virginia, Wyoming,
 and Vermont, Virginia and

&nbsp;&nbsp;&nbsp;&nbsp;d) State
 specific prepayment penalty and late charge testing applicable to non-owner occupied
 loans.

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

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW** 

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

**OVERALL RESULTS SUMMARY** 

12 \| P a g e

![](ex991001.jpg)

After giving consideration to the grading implications of the Credit, Compliance and Property/Valuation sections, 100.00% of the mortgage loans by number in the pool have a Fitch NRSRO grade of "A", or "B".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage <br> Loans** | &nbsp;&nbsp;**% of Mortgage<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;143 | &nbsp;&nbsp;39.61% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;218 | &nbsp;&nbsp;60.39% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Please note that one hundred sixty-nine (169) Business Purpose with no limited compliance review were not subjected to a compliance review and did not receive a compliance grade. Of the remaining one hundred ninety-two (192) mortgage loans, 100.00% by number received an "A" or "B" compliance grade.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of All Loans** | &nbsp;&nbsp;**% of Mortgage <br> Review Population** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;125 | &nbsp;&nbsp;34.63% | &nbsp;&nbsp;65.10% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;67 | &nbsp;&nbsp;18.56% | &nbsp;&nbsp;34.90% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Compliance Not Run | &nbsp;&nbsp;169 | &nbsp;&nbsp;46.81% | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All three hundred sixty-one (361) mortgage loans reviewed by AMC have a Credit grade of "B" or higher and 46.26% of the mortgage loans by number received a Credit grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage <br> Loans** | &nbsp;&nbsp;**% of Mortgage <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;167 | &nbsp;&nbsp;46.26% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;194 | &nbsp;&nbsp;53.74% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY** 

Three hundred sixty-one (361) mortgage loans, 99.45%, reviewed by AMC have a Property Grade of "A".

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Mortgage <br> Loans** | &nbsp;&nbsp;**% of Mortgage <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;359 | &nbsp;&nbsp;99.45% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.55% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** |

---

**EXCEPTION CATEGORY SUMMARY**

The table below summarizes the individual exceptions which carried an associated "B", "C", or "D" level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review

13 \| P a g e

![](ex991001.jpg)

scope (ex. a loan with a Compliance Grade of "B", a Credit Grade of "A", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception<br> Type** | &nbsp;&nbsp;**Final <br> Exception <br> Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;32 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;28 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete HUD-1 | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM Defect | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Defect | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;RESPA | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Late Charge | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State HPML | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete Final or Initial 1003 | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Misc. State Level | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;GSE | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***99*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**99** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;222 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;66 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Title | &nbsp;&nbsp;18 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Documents | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Eligibility | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Insurance | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***339*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**339** |
| &nbsp;&nbsp;Property |  | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property |  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***2*** |
| &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**2** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**440** |

---

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

14 \| P a g e

![](ex991001.jpg)

Of the three hundred sixty-one (361) mortgage loans reviewed, there were 1,798 different tape discrepancies across 37 data fields (some mortgage loans had more than one data delta). The largest variances were found on PITIA Reserves Months, Escrow Account and Total Cash-out .

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times <br> Compared** | &nbsp;&nbsp;**%<br> Variance** | &nbsp;&nbsp;**# Of <br> Loans** |
| &nbsp;&nbsp;# of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;1 | &nbsp;&nbsp;32 | &nbsp;&nbsp;3.13% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;1003 - Originator Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;329 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower Citizenship | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;145 | &nbsp;&nbsp;361 | &nbsp;&nbsp;40.17% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;9 | &nbsp;&nbsp;31 | &nbsp;&nbsp;29.03% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;144 | &nbsp;&nbsp;361 | &nbsp;&nbsp;39.89% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower Self-Employed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;134 | &nbsp;&nbsp;330 | &nbsp;&nbsp;40.61% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;8 | &nbsp;&nbsp;361 | &nbsp;&nbsp;2.22% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Decision System | &nbsp;&nbsp;5 | &nbsp;&nbsp;11 | &nbsp;&nbsp;45.45% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;14 | &nbsp;&nbsp;156 | &nbsp;&nbsp;8.97% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Escrow Account | &nbsp;&nbsp;302 | &nbsp;&nbsp;329 | &nbsp;&nbsp;91.79% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Guideline Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Has FTHB | &nbsp;&nbsp;10 | &nbsp;&nbsp;159 | &nbsp;&nbsp;6.29% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;2 | &nbsp;&nbsp;42 | &nbsp;&nbsp;4.76% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Investor: Qualifying Housing Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;59 | &nbsp;&nbsp;171 | &nbsp;&nbsp;34.50% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Lender | &nbsp;&nbsp;30 | &nbsp;&nbsp;330 | &nbsp;&nbsp;9.09% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;15 | &nbsp;&nbsp;32 | &nbsp;&nbsp;46.88% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;361 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;20 | &nbsp;&nbsp;361 | &nbsp;&nbsp;5.54% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;27 | &nbsp;&nbsp;361 | &nbsp;&nbsp;7.48% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;30 | &nbsp;&nbsp;361 | &nbsp;&nbsp;8.31% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;4 | &nbsp;&nbsp;40 | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Origination Company Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |

---

15 \| P a g e

![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Originator Application Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;PITIA Reserves Months | &nbsp;&nbsp;324 | &nbsp;&nbsp;329 | &nbsp;&nbsp;98.48% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;148 | &nbsp;&nbsp;329 | &nbsp;&nbsp;44.98% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;69 | &nbsp;&nbsp;329 | &nbsp;&nbsp;20.97% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;38 | &nbsp;&nbsp;361 | &nbsp;&nbsp;10.53% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;361 | &nbsp;&nbsp;0.55% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;5 | &nbsp;&nbsp;184 | &nbsp;&nbsp;2.72% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;26 | &nbsp;&nbsp;361 | &nbsp;&nbsp;7.20% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Standard - Interest Only Period (months) | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;0 | &nbsp;&nbsp;361 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;23 | &nbsp;&nbsp;361 | &nbsp;&nbsp;6.37% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Total Cash-out | &nbsp;&nbsp;182 | &nbsp;&nbsp;193 | &nbsp;&nbsp;94.30% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Total Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;12 | &nbsp;&nbsp;361 | &nbsp;&nbsp;3.32% | &nbsp;&nbsp;361 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**1798** | &nbsp;&nbsp;**8163** | &nbsp;&nbsp;**22.03%** | &nbsp;&nbsp;**361** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;359 | &nbsp;&nbsp;99.45% | &nbsp;&nbsp;$178253518.00 | &nbsp;&nbsp;98.78% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.55% | &nbsp;&nbsp;$2210000.00 | &nbsp;&nbsp;1.22% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;361 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$180463518.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original<br> Balance** | &nbsp;&nbsp;**% of<br> Balance** |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;5 | &nbsp;&nbsp;1.39% | &nbsp;&nbsp;$6526250.00 | &nbsp;&nbsp;3.62% |
| &nbsp;&nbsp;Cash Out: Other/Multi-purpose/Unknown Purpose | &nbsp;&nbsp;177 | &nbsp;&nbsp;49.03% | &nbsp;&nbsp;$85912166.00 | &nbsp;&nbsp;47.61% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;27 | &nbsp;&nbsp;7.48% | &nbsp;&nbsp;$13940310.00 | &nbsp;&nbsp;7.72% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;121 | &nbsp;&nbsp;33.52% | &nbsp;&nbsp;$57867692.00 | &nbsp;&nbsp;32.07% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;31 | &nbsp;&nbsp;8.59% | &nbsp;&nbsp;$16217100.00 | &nbsp;&nbsp;8.99% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original<br> Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;347 | &nbsp;&nbsp;96.12% | &nbsp;&nbsp;$172031383.00 | &nbsp;&nbsp;95.33% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;14 | &nbsp;&nbsp;3.88% | &nbsp;&nbsp;$8432135.00 | &nbsp;&nbsp;4.67% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original<br> Balance** | &nbsp;&nbsp;**% of <br> Balance** |

---

16 \| P a g e

![](ex991001.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;201 | &nbsp;&nbsp;55.68% | &nbsp;&nbsp;$99435338.00 | &nbsp;&nbsp;55.10% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;28 | &nbsp;&nbsp;7.76% | &nbsp;&nbsp;$12443632.00 | &nbsp;&nbsp;6.90% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;10 | &nbsp;&nbsp;2.77% | &nbsp;&nbsp;$6972243.00 | &nbsp;&nbsp;3.86% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;55 | &nbsp;&nbsp;15.24% | &nbsp;&nbsp;$27189923.00 | &nbsp;&nbsp;15.07% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;9 | &nbsp;&nbsp;2.49% | &nbsp;&nbsp;$3623200.00 | &nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;30 | &nbsp;&nbsp;8.31% | &nbsp;&nbsp;$11132154.00 | &nbsp;&nbsp;6.17% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;13 | &nbsp;&nbsp;3.60% | &nbsp;&nbsp;$9764008.00 | &nbsp;&nbsp;5.41% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;15 | &nbsp;&nbsp;4.16% | &nbsp;&nbsp;$9903020.00 | &nbsp;&nbsp;5.49% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan<br> Count** | &nbsp;&nbsp;**% of<br> Loans** | &nbsp;&nbsp;**Original <br> Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;Primary | &nbsp;&nbsp;94 | &nbsp;&nbsp;26.04% | &nbsp;&nbsp;$67729422.00 | &nbsp;&nbsp;37.53% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;258 | &nbsp;&nbsp;71.47% | &nbsp;&nbsp;$107259922.00 | &nbsp;&nbsp;59.44% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;9 | &nbsp;&nbsp;2.49% | &nbsp;&nbsp;$5474174.00 | &nbsp;&nbsp;3.03% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**361** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$180463518.00** | &nbsp;&nbsp;**100.00%** |

---

17 \| P a g e

## Exhibit 99.2

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.2**

![](situs-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 4/6/2026 2:34:56 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **As-Is Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Primary Valuation Value** | **Primary Valuation Report Date** | **Primary Valuation Effective Date** | **Primary Valuation Type** | **Primary Valuation Company** | **Primary Valuation Appraiser Name** | **Primary Valuation Appraiser License Num** | **Primary Valuation FSD Score** | **Secondary Valuation Value** | **Secondary Valuation Variance Amount** | **Secondary Valuation Variance Percent** | **Secondary Valuation Report Date** | **Secondary Valuation Effective Date** | **Secondary Valuation Type** | **Secondary Valuation Company** | **Secondary Valuation FSD Score** | **Secondary Valuation Desk Review Risk Score** | **AVM Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Company** | **AVM FSD Score** | **AVM Report Date** | **Desk Review Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Report Date** | **Desk Review Effective Date** | **Desktop Appraisal Value** | **Desktop Appraisal Variance Amount** | **Desktop Appraisal Variance Percent** | **Desktop Appraisal Company** | **Desktop Appraisal Report Date** | **Desktop Appraisal Effective Date** | **BPO Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Report Date** | **Field Review Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Report Date** | **Field Review Effective Date** | **2055 Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Report Date** | **2055 Effective Date** | **AVE/CMA Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Report Date** | **Hybrid Valuation Value** | **Hybrid Valuation Variance Amount** | **Hybrid Valuation Variance Percent** | **Hybrid Valuation Company** | **Hybrid Valuation Report Date** | **Updated Valuation Value** | **Updated Valuation Variance Amount** | **Updated Valuation Variance Percent** | **Updated Valuation Company** | **Updated Valuation Report Date** | **Updated Valuation Effective Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Value Analysis Valuation Value** | **Value Analysis Report Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **LCA Risk Score** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 3.030% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | -100.000% | XXXX | Indeterminate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -8.290% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -0.250% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 4.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119242 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 3.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 4.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -1.320% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.300% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX | 6.920% | XXXX | 0.1 | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 6.920% | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.240% | XXXX | XXXX | Desk Review | XXXX |  | High | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.690% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 3.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.940% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -5.260% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -9.780% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119386 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 4.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 4.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.620% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 4.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1.520% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 2.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 3.450% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119467 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 999.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.140% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.50 | 4.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.10 |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 4.030% | XXXX | XXXX | Appraisal | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | 0.000% | XXXX | Low | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.940% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.070% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 4.00 | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -4.840% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 4.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 4.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 5.00 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.50 | 3.80 |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -2.070% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 1.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | Yes | 2.50 | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Field Review | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX | -100.000% | XXXX | Indeterminate | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | No | 3.00 | 4.20 |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.70 |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.50 |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.40 |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -3.510% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 5.00 |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX |  | XXXX | XXXX |  | XXXX |  |  | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 1.30 |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Low | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 2.60 |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  | 3.90 |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | 0.000% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 0.000% | XXXX | XXXX | XXXX | Appraisal | XXXX | XXXX | XXXX |  | XXXX | XXXX | -7.140% | XXXX | XXXX | Desk Review | XXXX |  | Moderate | XXXX | XXXX |  | XXXX |  | XXXX | XXXX | XXXX |  | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX | XXXX |  |  |  |  |  | N/A |  |  |

---

## Exhibit 99.3

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.3**

![](situs-logo.jpg)

---

| |
|:---|
| **Exception Grades** |
| **Run Date - 4/6/2026 2:34:56 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **XXXX Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **15E Category** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Compensating Factor Information** | **Applying Party** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Grade** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Exception Remediation** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Account statements are missing for bank accounts ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-03-18): Bank statement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Missing statement starts on p 6 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Account statements are missing for bank accounts ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-03-18): Bank statement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Missing statement starts on p 6 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Personal | Account statements are missing for bank accounts ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-03-18): Bank statement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Missing statement starts on p 6<br>Reviewer Comment (XXXX-02-20): Received bank statement for account ending XXXX, missing bank statement for account ending XXXX for XXXX to XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Account statements are missing for bank accounts ending XXXX for XXXX to XXXX. |  |  |  | Reviewer Comment (XXXX-03-18): Bank statement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Missing statement starts on p 6 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Used expense factor by CPA when tax preparer did not attest that they have prepared the borrowers' tax returns. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 17.69<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | File was missing a copy of business bank statement with account ending XXXX dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-20): Bank statement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement | Missing mortgage statement to verify PITIA. If taxes and insurance are not escrowed, verification of taxes and insurance, also HOA is required. |  |  |  | Reviewer Comment (XXXX-02-20): CD provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File was missing a copy of business bank statement with account ending XXXX dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-20): Bank statement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | File was missing a copy of business bank statement with account ending XXXX dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-20): Bank statement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 9.15 is less than Guideline PITIA months reserves of 12.00. | Insufficient assets to satisfy reserve requirements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Documentation Type: 2yr Full Doc<br> Disposable Income: XXXX<br>DTI: 21.57159% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-12): Please see attached lender exception<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =XXXX months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .75 months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be XXXX months. Required reserves are 12 months. Please provide additional assets to cover reserves of XXXX months.<br>Seller Comment (XXXX-02-03): See trailing docs for the flood invoice. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation discrepancy due to insufficient assets to satisfy reserve requirement. |  |  |  | Reviewer Comment (XXXX-02-12): Lender Exception provided. System cleared.<br>Seller Comment (XXXX-02-12): See trailing docs for lender exception.<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =XXXX months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .XXXX months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be XXXX months. Required reserves are 12 months. Please provide additional assets to cover reserves of XXXX months.<br>Seller Comment (XXXX-02-03): See trailing docs | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Second Home | Refinance - Rate/Term | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Schedule C | Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (XXXX,XXXX XXXX/Schedule C) | Waterfall due to insufficient assets to satisfy reserve requirements. |  |  |  | Reviewer Comment (XXXX-02-12): Lender Exception provided. System cleared.<br>Seller Comment (XXXX-02-10): See attached appraisal invoice POC,<br>Seller Comment (XXXX-02-10): HOI was not paid at the closing see attached Invoice<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =11.25 months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .75 months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be 11.26 months. Required reserves are 12 months. Please provide additional assets to cover reserves of 0.74 months.<br>Seller Comment (XXXX-02-03): See trailing docs for the Flood Invoice | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to insufficient assets to satisfy reserve requirements. |  |  |  | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-12): See trailing docs for lender exception.<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =11.25 months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .75 months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be 11.26 months. Required reserves are 12 months. Please provide additional assets to cover reserves of 0.74 months.<br>Seller Comment (XXXX-02-03): See trailing docs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall due to insufficient assets to satisfy reserve requirements. |  |  |  | Reviewer Comment (XXXX-02-12): Lender Exception provided. System cleared. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX incorrectly disclosed whether Homeowners Insurance is included in escrow. (Final/XXXX) | Final Closing Disclosure provided on XXXX incorrectly disclosed whether Homeowners Insurance is included in escrow. |  |  |  | Reviewer Comment (XXXX-02-13): Corrected CD issued XXXX cured prior to reporting<br>Seller Comment (XXXX-02-12): Page 4 shows will have an escrow account<br>Reviewer Comment (XXXX-02-04): XXXX Corrected CD confirms Flood Insurance is escrowed on loan with is confirmed and matches to IEAD. However, the Final CD and PCCD has disclosed No Escrow on page 4. Corrected CD & LOE to match to escrowed amounts & IEAD.<br>Seller Comment (XXXX-02-03): There is an escrow waiver in the file. There are no escrows on this file. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (XXXX-02-05): XXXX received LE and a valid COC.<br>Seller Comment (XXXX-02-04): See attached LE and COC | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Credit Report Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (XXXX-02-03): XXXX Received Cure Docs XXXX within 60 days of the closing.<br>Seller Comment (XXXX-02-03): Cured at the closing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for subject vesting in an LLC on a second home. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | DTI: 21.57159% <br> Guideline Maximum DTI: 50.00000%<br>Documentation Type: 2yr Full Doc<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02-05): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-03): What is required? Can you please Downgrade to EV 2 and waive. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Insufficient assets to satisfy reserve requirements. Flood insurance paid outside of closing of XXXX was not documented. Per 1003 XXXX was the amount used as assets for business account ending XXXX, however statement ending XXXX shows a balance of XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Documentation Type: 2yr Full Doc<br> Disposable Income: XXXX<br>DTI: 21.57159% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-12): See trailing docs for lender exception.<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =11.25 months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .75 months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be 11.26 months. Required reserves are 12 months. Please provide additional assets to cover reserves of 0.74 months.<br>Seller Comment (XXXX-02-03): See attached Invoice to show borrower business paid for the Flood POC. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Insufficient assets to satisfy reserve requirements. Flood insurance paid outside of closing of XXXX was not documented. Per 1003 XXXX was the amount used as assets for business account XXXX, however statement ending XXXX shows a balance of XXXX. |  |  |  | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-12): See trailing docs for lender exception.<br>Reviewer Comment (XXXX-02-10): Available for reserves is XXXX because proof of POC for HOI was not provided. The XXXX covers 9.15 months reserves. If proof of POC for HOI is provided reserves will be XXXX. Reserves will then be short by 0.74 months.<br>Seller Comment (XXXX-02-06): We are only giving credit for XXXX see final 1003. <br>I am not sure how XXXX is calculating we are short reserves. We agree on cash to close XXXX and available assets XXXX = XXXX/PITIA = XXXX9 =11.25 months. This is without the proof of POC for HOI. Please advise if this is correct because if so, we only need to evidence .75 months of additional reserves. Please confirm.<br>Reviewer Comment (XXXX-02-05): In order to use funds for close, please provide invoice and bank statement to evidence the POC of XXXX. In addition, after taking into account the POC, reserves will be 11.26 months. Required reserves are 12 months. Please provide additional assets to cover reserves of 0.74 months.<br>Seller Comment (XXXX-02-03): See trailing docs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (XXXX/XXXX) | Final CD disclosed no tax or insurance escrowed but flood insurance escrowed. |  |  |  | Reviewer Comment (XXXX-02-04): XXXX Corrected CD prior to reporting. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment Underdisclosed Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. (Final/XXXX) | Final CD disclosed no tax or insurance escrowed but flood insurance escrowed. |  |  |  | Reviewer Comment (XXXX-02-04): XXXX Corrected CD prior to reporting. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-05): Sufficient Cure Provided within 60 Days of Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Rate/Term | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over XXXX) B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than guideline minimum of 1.00. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | File is missing verification appraisal was provided to borrower at least 3 business days prior to closing. |  |  |  | Reviewer Comment (XXXX-01-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-24): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | File did not contain third party verification of the start date of the borrower's self-employment. |  |  |  | Reviewer Comment (XXXX-03-23): Missing start date of borrower's business. CPA letter correcting business name accepted.<br>Reviewer Comment (XXXX-02-16): Third party verification shows business as XXXX XXXX XXXX, other documents in file reflect XXXX XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File did not contain third party verification of the start date of the borrower's self-employment. |  |  |  | Reviewer Comment (XXXX-03-25): Received third party verification in trailing docs.<br>Reviewer Comment (XXXX-03-23): File did not contain third party verification of the start date of the borrower's self-employment and that the business is open and active, dated prior to closing.<br>Reviewer Comment (XXXX-03-23): Missing start date of borrower's business. CPA letter correcting business name accepted.<br>Reviewer Comment (XXXX-03-06): Third party verification is dated post-closing. Also, business name on the State Department document does not match name on CPA letter. Name on CPA letter does not contain XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing third party verification of the start date of the borrower's self-employment. |  |  |  | Reviewer Comment (XXXX-03-25): Received third party verification in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing third party verification of the start date of the borrower's self-employment. |  |  |  | Reviewer Comment (XXXX-03-25): Received third party verification in trailing docs.<br>Reviewer Comment (XXXX-03-06): Third party verification is dated post-closing. Also, business name on the State Department document does not match name on CPA letter. Name on CPA letter does not contain XXXX.<br>Reviewer Comment (XXXX-02-16): Third party verification shows business as XXXX XXXX XXXX, other documents in file reflect XXXX XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | File is missing third party verification of the start date of the borrower's self-employment. |  |  |  | Reviewer Comment (XXXX-03-25): Received third party verification in trailing docs.<br>Reviewer Comment (XXXX-03-16): The business names on the documents are not consistent. CPA letter shows XXXX XXXX. Business listing shows XXXX XXXX XXXX. Please provide an Operating agreement showing borrower's ownership percentage of the business.<br>Reviewer Comment (XXXX-02-16): Third party verification shows business as XXXX XXXX XXXX, other documents in file reflect XXXX XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Third party verification shows business as XXXX XXXX XXXX, other documents in file reflect XXXX XXXX. |  |  |  | Reviewer Comment (XXXX-03-25): Received third party verification in trailing docs.<br>Reviewer Comment (XXXX-03-23): Missing start date of borrower's business. CPA letter correcting business name accepted.<br>Reviewer Comment (XXXX-03-16): The business names on the documents are not consistent. CPA letter shows XXXX XXXX. Business listing shows XXXX XXXX XXXX. Please provide an Operating agreement showing borrower's ownership percentage of the business.<br>Reviewer Comment (XXXX-03-06): Third party verification is dated post-closing. Also, business name on the State Department document does not match name on CPA letter. Name on CPA letter does not contain XXXX.<br>Reviewer Comment (XXXX-02-16): Third party verification shows business as XXXX XXXX XXXX, other documents in file reflect XXXX XXXX. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide updated 1003, correcting the name of the borrower's business. |  |  |  | Reviewer Comment (XXXX-03-25): Received corrected 12003 in trailing docs. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Verification Closing Disclosure was delivered to borrower 3 business days prior to closing was not provided. |  |  |  | Reviewer Comment (XXXX-01-21): XXXX received CD dated XXXX<br>Seller Comment (XXXX-01-20): (Rate Lock) ICD sent XXXX and mailbox rule indicates presumed received date is XXXX making ESD XXXX, which is 3 business days prior to close<br>Reviewer Comment (XXXX-12-30): Unable to confirm receipt date, initial CD provided in trail documents doesn't have a signature date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-01-23): XXXX CDs provided<br>Seller Comment (XXXX-01-22): (Rate Lock) Re-disclosed CDs provided to show APR change | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-06): XXXX Received Valid COC dated XXXX.<br>Reviewer Comment (XXXX-02-25): XXXX received COC dated XXXX stating "loan type or loan program changed ". However, we would require detail comment on the loan type or loan program change in order to clear the exception. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception approved to proceed with unverifiable mortgage and rent history. VOR provided from private lender that states paid as agreed. However, borrowers pay cash; they provided receipts for the cash payments. We are unable to verify the history with the docs provided as it was cash payments. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Reserves: 16.90<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x12 or better. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-18): (Rate Lock) Exception was approved | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC resolution was not provided in file. |  |  |  | Reviewer Comment (XXXX-03-31): DOT signed by both members.<br>Seller Comment (XXXX-03-30): (Rate Lock) The other owner signed the DOT please review<br>Reviewer Comment (XXXX-03-27): Guarantor is 50% owner of borrowing entity; LLC resolution required giving guarantor authority to bind the company. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing within 90 days prior to note was not provided. |  |  |  | Reviewer Comment (XXXX-03-31): COGS date received in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please provide updated lender exception form not reflecting LTV as one of the compensating factors. LTV is 75%. |  |  |  | Reviewer Comment (XXXX-03-20): Lender exception updated.<br>Seller Comment (XXXX-03-18): (Rate Lock) This has been removed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Market Rent Survey 1007 documenting rental income for the ADU was not provided. |  |  |  | Reviewer Comment (XXXX-03-20): No rental income being used from ADU.<br>Reviewer Comment (XXXX-03-20): Per Approval in file, rental income form ADU was used. If we exclude the rental income, we will have DSCR<1. Please advise on way forward.<br>Seller Comment (XXXX-03-18): (Rate Lock) No rental income being used from ADU, per appraisers' comments on 1007 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Two (2) months proof of current receipt for ADU was not provided in file. |  |  |  | Reviewer Comment (XXXX-03-20): No rental income being used from ADU.<br>Reviewer Comment (XXXX-03-20): Per Approval in file, rental income form ADU was used. If we exclude the rental income, we will have DSCR<1. Please advise on way forward.<br>Seller Comment (XXXX-03-18): (Rate Lock) No rental income being used from ADU, per appraisers' comments on 1007 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous | Reserves: 16.90<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x12 or better. | XXXX | Reviewer Comment (XXXX-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-26): (Rate Lock) ADDED Cash out as reserves<br>Reviewer Comment (XXXX-03-20): Please provide additional compensating factors to downgrade and waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. (Final/XXXX) | Disclosure reflects TOP of XXXX but calculated TOP of XXXX, variance = - XXXX |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received Corrected CD , LOE to borrower and copy of final settlement statement on final fees at disbusrement.<br>Reviewer Comment (XXXX-02-27): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Documentation shows sending of email but no confirmation of viXXXX. If no confirmation of viXXXX is available the email is considered received in three business days. If that is the case then the XXXX expiration date did not allow the borrower three-day wait period, and new RTC and proof of delivery is required.<br>Reviewer Comment (XXXX-01-13): PCCD dated XXXX shows LDP amount of XXXX. Please provide PCCD, LOE, Proof of Delivery and re-opening of RTC.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please see attached PCCD sent to borrowers and the FSS | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission i(required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property acreage of 20 versus maximum allowed of 10. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 714 | XXXX | Reviewer Comment (XXXX-12-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Hazard Insurance Policy expires within 30 days of the Note Date. | Hazard Insurance Policy Expiration Date XXXX, Note Date XXXX | Policy Expiration Date XXXX, within 30 days of the Note Date |  |  |  | Reviewer Comment (XXXX-01-07): Received renewed insurance policy in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraisal Transfer Letter is required. |  |  |  | Reviewer Comment (XXXX-01-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-25): (Rate Lock) Lender accepts please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Verified liquid assets in the amount of XXXX are insufficient to meet cash to close of XXXX. |  |  |  | Reviewer Comment (XXXX-02-11): Assets sufficient, gift funds provided.<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative,"<br>Reviewer Comment (XXXX-01-29): Per guides 'A gift can be provided by: • A relative, as defined as the borrower's spouse, child, or other dependent, or by any other individual related by blood, marriage, adoption, or legal guardianship • The trust established by a related person • The estate of a related person • A fiancé, fiancée, or domestic partner'. The gift letter does not specify relationship.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Loan designated Higher-Priced Mortgage. |  |  |  | Reviewer Comment (XXXX-01-29): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-25): (Rate Lock) Lender accepts please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | One of 2 initial Closing Disclosures provided do not have an issue date, and it has a different rate. |  |  |  | Reviewer Comment (XXXX-01-27): XXXX received lender certification that CD was seller CD and not issued to borrower<br>Seller Comment (XXXX-01-25): (Rate Lock) LOE provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Good Faith Redisclosure C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Assets in file are insufficient to satisfy reserve requirements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-03-17): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-03-09): Please provide updated lender exception reflecting calculated PITIA reserves. Lender exception form provided shows calculated PITIA reserves of 0.00, Due Diligence Calculated PITIA months reserves are 3.20.<br>Reviewer Comment (XXXX-03-09): 1003 shows a balance of XXXX for account ending XXXX whereas bank statement provided in file shows XXXX as at XXXX. EMD of XXXX was not documented by bank statement and wire confirmation/copy of cancelled check/receipt of funds. Please provide to cover insufficient funds.<br>Seller Comment (XXXX-03-05): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative,"<br>Reviewer Comment (XXXX-01-29): Per guides 'A gift can be provided by: • A relative, as defined as the borrower's spouse, child, or other dependent, or by any other individual related by blood, marriage, adoption, or legal guardianship • The trust established by a related person • The estate of a related person • A fiancé, fiancée, or domestic partner'. The gift letter specify relationship. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of 3.25% is less than Guideline required borrower's own funds of 5.00%. |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-01-29): Per guidelines 'Borrowers must document a minimum of 5% (of the sales price) of their own funds on purchase transactions.' Borrower contribution was 3.25%.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.20 is less than Guideline PITIA months reserves of 6.00. | Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of 6 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-11): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception ExplanationXXXXlculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (XXXX-01-29): Gift funds cannot be used for reserves.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to insufficient assets for reserves required. |  |  |  | Reviewer Comment (XXXX-03-17): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-03-09): Please provide updated lender exception reflecting calculated PITIA reserves. Lender exception form provided shows calculated PITIA reserves of 0.00, Due Diligence Calculated PITIA months reserves are 3.20.<br>Reviewer Comment (XXXX-03-09): 1003 shows a balance of XXXX for account XXXX whereas bank statement provided in file shows XXXX as at XXXX. EMD of XXXX was not documented by bank statement and wire confirmation/copy of cancelled check/receipt of funds. Please provide to cover insufficient funds.<br>Seller Comment (XXXX-03-05): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-16): Asset requirements still not met due to missing gift letter showing the donor's relationship to the borrower.<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative,"<br>Reviewer Comment (XXXX-01-29): The gift letter provided does not specify relationship, and gift funds cannot be used for reserves.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan designation failure due to insufficient assets for reserves required. |  |  |  | Reviewer Comment (XXXX-03-17): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-03-09): Please provide updated lender exception reflecting calculated PITIA reserves. Lender exception form provided shows calculated PITIA reserves of 0.00, Due Diligence Calculated PITIA months reserves are 3.20.<br>Reviewer Comment (XXXX-03-09): 1003 shows a balance of XXXX for account XXXX whereas bank statement provided in file shows XXXX as at XXXX. EMD of XXXX was not documented by bank statement and wire confirmation/copy of cancelled check/receipt of funds. Please provide to cover insufficient funds.<br>Seller Comment (XXXX-03-05): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-16): Asset requirements still not met due to missing gift letter showing the donor's relationship to the borrower.<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative,"<br>Reviewer Comment (XXXX-01-29): The gift letter provided does not specify relationship, and gift funds cannot be used for reserves.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Loan designation failure due to insufficient assets for reserves required. |  |  |  | Reviewer Comment (XXXX-03-17): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Updated exception provided<br>Reviewer Comment (XXXX-03-09): Please provide updated lender exception reflecting calculated PITIA reserves. Lender exception form provided shows calculated PITIA reserves of 0.00, Due Diligence Calculated PITIA months reserves are 3.20.<br>Reviewer Comment (XXXX-03-09): 1003 shows a balance of XXXX for account XXXX whereas bank statement provided in file shows XXXX as at XXXX. EMD of XXXX was not documented by bank statement and wire confirmation/copy of cancelled check/receipt of funds. Please provide to cover insufficient funds.<br>Seller Comment (XXXX-03-05): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative,"<br>Reviewer Comment (XXXX-01-29): The gift letter provided does not specify relationship, and gift funds cannot be used for reserves.<br>Seller Comment (XXXX-01-25): (Rate Lock) gift docs attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | Per guides 'A gift can be provided by: • A relative, as defined as the borrower's spouse, child, or other dependent, or by any other individual related by blood, marriage, adoption, or legal guardianship • The trust established by a related person • The estate of a related person • A fiancé, fiancée, or domestic partner'. The gift letter does not specify relationship. |  |  |  | Reviewer Comment (XXXX-03-09): Gift letter with relationship provided.<br>Seller Comment (XXXX-03-05): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-11): The guidelines define who qualifies as a relative. Therefore, the gift letter must clearly state the exact relationship so as to determine whether it meets guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) The gift letter states "relative" which is acceptable per guidelines. "A gift can be provided by: <br> \* A relative," | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception approved for subject ADU with XXXX square feet; guidelines require a minimum of 500 square feet. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 680<br> Representative FICO: 767<br>Reserves: 14.28<br> Guideline Requirement: 9.00 | XXXX | Reviewer Comment (XXXX-02-11): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-11): (Rate Lock) Please downgrade and waive | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Missing Valid COC for increase in Appraisal Fee. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-02-24): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-02-23): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-02-11): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-11): (Rate Lock) Lende accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third party verification (Secretary of State) provided in file is not dated. |  |  |  | Reviewer Comment (XXXX-02-11): Third party verification provided.<br>Seller Comment (XXXX-02-11): (Rate Lock) VOE provided showing business active prior to close | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification (Secretary of State) provided in file is not dated. File is missing verification of business within 120 days prior to note date. |  |  |  | Reviewer Comment (XXXX-02-11): Third party verification provided.<br>Seller Comment (XXXX-02-11): (Rate Lock) VOE provided showing business active prior to close | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing date on Third party verification (Secretary of State) provided in file. Verification of business within 120 days prior to note date was not provided. |  |  |  | Reviewer Comment (XXXX-02-11): Third party verification provided.<br>Seller Comment (XXXX-02-11): (Rate Lock) VOE provided showing business active prior to close | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing date on Third party verification (Secretary of State) provided in file. Verification of business within 120 days prior to note date was not provided. |  |  |  | Reviewer Comment (XXXX-02-11): Third party verification provided.<br>Seller Comment (XXXX-02-11): (Rate Lock) VOE provided showing business active prior to close | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing date on Third party verification (Secretary of State) provided in file. Verification of business within 120 days prior to note date was not provided. |  |  |  | Reviewer Comment (XXXX-02-11): Third party verification provided.<br>Seller Comment (XXXX-02-11): (Rate Lock) VOE provided showing business active prior to close | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Lease Agreement, Tax Verification | The file is missing a copy of the lease agreement and tax verification for REO, XXXX |  |  |  | Reviewer Comment (XXXX-01-29): Received updated 1003 in trailing docs.<br>Seller Comment (XXXX-01-28): (Rate Lock) 1003 provided<br>Reviewer Comment (XXXX-01-08): Please provide an updated 1003 application that shows property not being owned by borrower.<br>Seller Comment (XXXX-01-07): (Rate Lock) the address in question is not owed by our borrower. It is in the name of spouse only. This loan was a re-app file and when they resubmitted they did not update their URLA info so it was not accurate and we fixed loan file at submission. Attached you will find the property profile for this REO showing in name of XXXX and not our borrower obligation. This finding should be removed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. (Final/XXXX) | Disclosure reflects TOP of XXXX but calculated TOP of $XXXX. Variance = - XXXX |  |  |  | Reviewer Comment (XXXX-02-24): XXXX received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Seller Comment (XXXX-02-24): (Rate Lock) Doc provided<br>Reviewer Comment (XXXX-01-27): Fee purpose determines inclusion or exclusion from APR calculation. XXXX recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Similar to pre-TRID reviews or reviews of loans not subject to TRID, the APR, Finance Charge, TOP and other material disclosures disclosed on the TIL Disclosure provided at consummation are compared to the actual APR, Finance Charge and TOP at consummation (using the fees from the final HUD in file which could be dated post consummation on a dry state). The accuracy of material disclosures is based on the disclosures provided at or before consummation, not based on a TIL provided post consummation. XXXX reviews pursuant to the SFA TRID Grid, Additional Considerations, Row 20, which provides: <br>Post Close CD - Material Disclosures Accuracy Test: Prior to TRID, material disclosures disclosed on the final TIL provided to the borrower at or before closing are compared to figures disclosed on most recent HUD-1 (issued pre or post close). Similarly, for TRID loans, TPRs will assume at initial review that fee changes reflected on PCCDs are corrections (similar to corrected HUD-1s), not updates of fees resulting from changes occurring after closing (lender incorrectly disclosed fees they were aware of or should have been aware of on final CD and issued a PCCD reflecting actual fees that should have been disclosed on final CD). Accordingly, TPR will calculate the APR, Finance Charge and TOP based on corrected fees on PCCD and cite exceptions if APR, Finance Charge and TOP disclosed on final CD are inaccurate based on fees shown on PCCD, an EV3-C exception will be cited if APR, Finance Charge, TOP on final CD are outside of tolerance for accuracy based on fees on most recent PCCD issued within 60 days of consummation (PCCD greater than 60 days from consummation will require accompanying ALTA settlement statement to confirm figures disclosed to be used for testing) unless: 1) discrepancy results from change in interim interest due to difference in anticipated vs. actual disbursement date; or 2) there is a corresponding lender credit/cure for the amount of the increase in fees paid by borrower reflected on PCCD; Otherwise, TILA 130(b) correction with LOE, refund or adjustment to ensure borrower does not pay more than amount disclosed, and proof of delivery required to cure to EV2-B. For rescindable transactions, re-opening of rescission and proof of receipt by borrower also required.<br>If changes in fee amounts reflected on the PCCD result from events that occurred after closing not reasonably known to the creditor at time of disclosure of the final CD after exercising diligence in obtaining such information, XXXX will review and consider an LOE, attestation, and documentation supporting fee changes are based on post consummation events that could not reasonably be known to creditor and that the disclosed figures were correct at the time of consummation.<br>Seller Comment (XXXX-01-27): (Rate Lock) Borrower shopped for fees, so this can increase without a cure needed<br>Reviewer Comment (XXXX-01-06): The TOP violation is related to the increase in fees in Section D Page 2 total which appears the Title-Lender title Ins & Title-Settlement/Closing fee increased XXXX, which is over tolerance threshold for error. TOP was underdisclosed XXXX at closing on the Closing CD. Cure would be Corrected CD, LOE to borrower, copy of cure refund of XXXX, proof of mailing and proof of reopening of rescission to all consumers.<br>Seller Comment (XXXX-01-05): (Rate Lock) Please advise which fees are being included in this calculation | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission i(required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional/XXXX) |  |  |  |  | Reviewer Comment (XXXX-12-28): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-12-24): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is a 2-4 unit property with an ADU, not permitted per guidelines. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 680<br> Representative FICO: 797 | XXXX | Reviewer Comment (XXXX-12-11): Client elected to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (XXXX-02-26): Client elects to waive. | XXXX | XXXX | XXXX | 2 A B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Sole Proprietor / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | The employment letter is in file, but since it is not dated, it is not being considered. |  |  |  | Reviewer Comment (XXXX-02-04): Received proof of employment date in trailing docs.<br>Seller Comment (XXXX-02-04): (Rate Lock) we provided proof of when it was uploaded, this is sufficient as it was prior to close; we have done this on prior files. Please clear<br>Reviewer Comment (XXXX-01-27): The issue with the letter provided is that it is not dated. Please provide dated employment letter to support the compensating factors.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please escalate; provided proof of when it was uploaded, therefore this should be acceptable. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX XXXX // Employment Type: Employment / Income Type: Sole Proprietor / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | Letter of Explanation is in file, but since it is not dated, it is not being considered. |  |  |  | Reviewer Comment (XXXX-02-04): Received proof of employment date in trailing docs.<br>Seller Comment (XXXX-02-04): (Rate Lock) we provided proof of when it was uploaded, this is sufficient as it was prior to close; we have done this on prior files. Please clear<br>Reviewer Comment (XXXX-01-27): The issue with the letter provided is that it is not dated. Please provide dated employment letter to support the compensating factors.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please escalate; provided proof of when it was uploaded, therefore this should be acceptable. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX // Employment Type: Employment / Income Type: Sole Proprietor / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | Letter of Explanation is in file, but since it is not dated, it is not being considered. |  |  |  | Reviewer Comment (XXXX-02-04): Received proof of employment date in trailing docs.<br>Seller Comment (XXXX-02-04): (Rate Lock) we provided proof of when it was uploaded, this is sufficient as it was prior to close; we have done this on prior files. Please clear<br>Reviewer Comment (XXXX-01-27): The issue with the letter provided is that it is not dated. Please provide dated employment letter to support the compensating factors.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please escalate; provided proof of when it was uploaded, therefore this should be acceptable. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX // Employment Type: Employment / Income Type: Sole Proprietor / Start Date: XXXX // Document: Borrower Attestation of Employment / Document Date: / Tax Year: | Borrower Attestation of Employment letter is in file, but since there is no date, it is not being considered. |  |  |  | Reviewer Comment (XXXX-02-04): Received proof of employment date in trailing docs.<br>Seller Comment (XXXX-02-04): (Rate Lock) we provided proof of when it was uploaded, this is sufficient as it was prior to close; we have done this on prior files. Please clear<br>Reviewer Comment (XXXX-01-27): The issue with the letter provided is that it is not dated. Please provide dated employment letter to support the compensating factors.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please escalate; provided proof of when it was uploaded, therefore this should be acceptable.<br>Reviewer Comment (XXXX-01-08): Employment letter is in file, but since there is no date, exception remains. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to DTI exceeds guideline max of 43% for a borrower living rent free. |  |  |  | Reviewer Comment (XXXX-03-05): 1003 and mtg statement received. DTI resolved. Cleared.<br>Seller Comment (XXXX-03-04): (Rate Lock) Updated 1003 and LOE showing no escrows; we incorrectly qualified with the escrow amount, when it was just included with the monthly mortgage payment<br>Reviewer Comment (XXXX-02-13): Final 1003 shows monthly mortgage payment of XXXX and monthly insurance, taxes, association dues of XXXX.<br>Seller Comment (XXXX-02-13): (Rate Lock) How did you get the XXXX? It has impounds for taxes and insurance at XXXX and an amount due of XXXX on the statement<br>Reviewer Comment (XXXX-02-05): Difference in DTI is as a result of rental income from XXXX Calculated qualifying income is - XXXX (XXXX\*75%-XXXX) against lender used of - XXXX.<br>Seller Comment (XXXX-02-05): (Rate Lock) Our system calculated DTI is 43.2%<br>Reviewer Comment (XXXX-01-27): DTI per lender exception and approval in file was 43.2%. Due Diligence calculated DTI was 44.32388%. Compensating factors provided are for a DTI of 43.2%.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-13): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-01-02): Compensating factors provided are not sufficient to waive and downgrade this exception. Please provide dated employment letter to support the compensating factors. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | DTI exceeds guideline max of 43% for a borrower living rent free. |  |  |  | Reviewer Comment (XXXX-03-05): 1003 and mtg statement received. DTI resolved. Cleared.<br>Seller Comment (XXXX-03-04): (Rate Lock) Updated 1003 and LOE showing no escrows; we incorrectly qualified with the escrow amount, when it was just included with the monthly mortgage payment<br>Reviewer Comment (XXXX-02-13): Final 1003 shows monthly mortgage payment of XXXX and monthly insurance, taxes, association dues of XXXX.<br>Seller Comment (XXXX-02-13): (Rate Lock) How did you get the XXXX? It has impounds for taxes and insurance at XXXX and an amount due of XXXX on the statement<br>Reviewer Comment (XXXX-02-05): Difference in DTI is as a result of rental income from XXXX Calculated qualifying income is - XXXX (XXXX\*75%-XXXX) against lender used of - XXXX.<br>Seller Comment (XXXX-02-05): (Rate Lock) Our system calculated DTI is 43.2%<br>Reviewer Comment (XXXX-01-27): DTI per lender exception and approval in file was 43.2%. Due Diligence calculated DTI was 44.32388%. Compensating factors provided are for a DTI of 43.2%.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-13): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-01-02): Compensating factors provided are not sufficient to waive and downgrade this exception. Please provide dated employment letter to support the compensating factors. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 44.32388% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to DTI exceeding the guideline maximum. |  |  |  | Reviewer Comment (XXXX-03-05): 1003 and mtg statement received. DTI resolved. Cleared.<br>Seller Comment (XXXX-03-04): (Rate Lock) Updated 1003 and LOE showing no escrows; we incorrectly qualified with the escrow amount, when it was just included with the monthly mortgage payment<br>Reviewer Comment (XXXX-02-13): Final 1003 shows monthly mortgage payment of XXXX and monthly insurance, taxes, association dues of XXXX.<br>Seller Comment (XXXX-02-13): (Rate Lock) How did you get the XXXX? It has impounds for taxes and insurance at XXXX and an amount due of XXXX on the statement<br>Reviewer Comment (XXXX-02-05): Difference in DTI is as a result of rental income from XXXX Calculated qualifying income is - XXXX (XXXX\*75%-XXXX) against lender used of - XXXX.<br>Seller Comment (XXXX-02-05): (Rate Lock) Our system calculated DTI is 43.2%<br>Reviewer Comment (XXXX-01-27): DTI per lender exception and approval in file was 43.2%. Due Diligence calculated DTI was 44.32388%. Compensating factors provided are for a DTI of 43.2%.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-13): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-01-02): Compensating factors provided are not sufficient to waive and downgrade this exception. Please provide dated employment letter to support the compensating factors. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 19.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-01-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower living rent free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 19.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-01-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 44.32388% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds guideline max of 43% for a borrower living rent free. |  |  |  | Reviewer Comment (XXXX-03-05): 1003 and mtg statement received. DTI resolved. Cleared.<br>Seller Comment (XXXX-03-04): (Rate Lock) Updated 1003 and LOE showing no escrows; we incorrectly qualified with the escrow amount, when it was just included with the monthly mortgage payment<br>Reviewer Comment (XXXX-02-13): Final 1003 shows monthly mortgage payment of XXXX and monthly insurance, taxes, association dues of XXXX.<br>Seller Comment (XXXX-02-13): (Rate Lock) How did you get the XXXX? It has impounds for taxes and insurance at XXXX and an amount due of XXXX on the statement<br>Reviewer Comment (XXXX-02-05): Difference in DTI is as a result of rental income from XXXX. Calculated qualifying income is - XXXX (XXXX\*75%-XXXX) against lender used of - XXXX.<br>Reviewer Comment (XXXX-01-27): DTI per lender exception and approval in file was 43.2%. Due Diligence calculated DTI was 44.32388%. Compensating factors provided are for a DTI of 43.2%.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-13): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-01-02): Compensating factors provided are not sufficient to waive and downgrade this exception. Please provide dated employment letter to support the compensating factors. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of rental income leased to family member to offset PITIA. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 19.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-01-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of employer letter to confirm that the borrower are working with the same company that changed company name. There is no CPA letter or equivalent documentation to validate- that the business is a continuity of the previous company. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 19.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-01-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX XXXX // Employment Type: Employment / Income Type: Sole Proprietor / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | Employer letter is in file, but since it is not dated, it is not being considered. |  |  |  | Reviewer Comment (XXXX-02-04): Received proof of employment date in trailing docs.<br>Seller Comment (XXXX-02-04): (Rate Lock) we provided proof of when it was uploaded, this is sufficient as it was prior to close; we have done this on prior files. Please clear<br>Reviewer Comment (XXXX-01-27): The issue with the letter provided is that it is not dated. Please provide dated employment letter to support the compensating factors.<br>Seller Comment (XXXX-01-27): (Rate Lock) The last mortgage late is XXXX and was prior most recent two years<br>Reviewer Comment (XXXX-01-14): Compensating factors provided are not applicable on the loan. FICO score has to be at least 40 points over the minimum. Borrower also has mortgage lates on their credit report.<br>Seller Comment (XXXX-01-12): (Rate Lock) Please escalate; provided proof of when it was uploaded, therefore this should be acceptable. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. |  | Property is ineligible as per guidelines Rural property with animal shelter | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has been employed in the same industry for more than 5 years.<br>Miscellaneous | DTI: 34.09059% <br> Guideline Maximum DTI: 55.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has housing history of 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-12-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Valid COC missing |  |  |  | Reviewer Comment (XXXX-01-27): XXXX received LOE with snip of receipt of lender exception which hit the pricing.<br>Reviewer Comment (XXXX-01-23): XXXX received LOX for rebuttal response. However, we also required documentation of the reason for the UW guideline exception added What information was received that required add the UW condition to change the pricing and when was that information received, or Cure is required to borrower.<br>Reviewer Comment (XXXX-01-05): XXXX: The COC that was provided in the trailing images was also provided in the original loan package. but it does not give sufficient information on what impacts and why the discount point fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-01-05): (Rate Lock) second exception was added please see lock attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Third Party verification not completed by licensed CPA. |  |  |  | Reviewer Comment (XXXX-03-23)XXXXsh flow completed by UW. On 1008. Cleared.<br>Reviewer Comment (XXXX-03-20): Alternate documentation provided to supplement the LOE. New document sufficient to accept employment, however use of business asset exception remains.<br>Reviewer Comment (XXXX-03-18): Did TLS do any diligence in determining who XXXX XXXX, the individual who provided the pre-close letter about preparing the tax returns and speaking to the borrower's ability to make payments despite the withdrawal of funds for the business, was? The letter in file is non-descript and only has an individual's name and address. ATR rule requires a third-party record to be "A document or other record prepared or reviewed by an appropriate person other than the consumer, the creditor, or the mortgage broker. . .". To use the letter in lieu of the CPA letter that guidelines require, we at least need to ensure it's a document that could be used and meets the standards under the ATR Rule.<br>Reviewer Comment (XXXX-03-16): Processor Cert uploaded. Sent to Compliance.<br>Reviewer Comment (XXXX-03-02): Please provide an LOE providing additional clarification regarding the guideline exception made (waiving requirement for a CPA letter verifying employment status). LOE should address:<br> 1. Reason a CPA letter was not obtained or could not be obtained.<br> 2. Details regarding the individual who provided the alternative verification letter, including the individual's their title/role and relationship to the consumer, and lender's analysis/basis for determining that a letter from this individual satisfies the "reasonably reliable third party verification" standard under 1026.43(c) in lieu of a CPA letter<br> 3. A summary of the documentation and factors considered in assessing the borrower's current employment/business status in relation to determining ability to repay at time of consummation.<br>Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. Cleared in error.<br>Reviewer Comment (XXXX-02-02): CPA license was not provided. Exception remains.<br>Reviewer Comment (XXXX-01-27): Guidelines require State CPA license number to be verified by license or screen shot from state licensing authority. This was not provided in file.<br>Reviewer Comment (XXXX-01-08): Documents provided do not show that the CPA that provided the CPA letter in file is licensed. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  |  | Reviewer Comment (XXXX-03-23): Additional supporting employment verification documentation provided. Cash flow completed by UW. On 1008. Cleared.<br>Reviewer Comment (XXXX-03-18): Did TLS do any diligence in determining who XXXX XXXX, the individual who provided the pre-close letter about preparing the tax returns and speaking to the borrower's ability to make payments despite the withdrawal of funds for the business, was? The letter in file is non-descript and only has an individual's name and address. ATR rule requires a third-party record to be "A document or other record prepared or reviewed by an appropriate person other than the consumer, the creditor, or the mortgage broker. . .". To use the letter in lieu of the CPA letter that guidelines require, we at least need to ensure it's a document that could be used and meets the standards under the ATR Rule.<br>Reviewer Comment (XXXX-03-02): Please provide an LOE providing additional clarification regarding the guideline exception made (waiving requirement for a CPA letter verifying employment status). LOE should address:<br> 1. Reason a CPA letter was not obtained or could not be obtained.<br> 2. Details regarding the individual who provided the alternative verification letter, including the individual's their title/role and relationship to the consumer, and lender's analysis/basis for determining that a letter from this individual satisfies the "reasonably reliable third party verification" standard under 1026.43(c) in lieu of a CPA letter<br> 3. A summary of the documentation and factors considered in assessing the borrower's current employment/business status in relation to determining ability to repay at time of consummation. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) |  |  |  |  | Reviewer Comment (XXXX-03-23): Additional supporting employment verification documentation provided. Cash flow completed by UW. On 1008. Cleared.<br>Reviewer Comment (XXXX-03-20): Alternate documentation provided to supplement the LOE. New document sufficient to accept employment, however use of business asset exception remains.<br>Reviewer Comment (XXXX-03-18): Did TLS do any diligence in determining who XXXX XXXX, the individual who provided the pre-close letter about preparing the tax returns and speaking to the borrower's ability to make payments despite the withdrawal of funds for the business, was? The letter in file is non-descript and only has an individual's name and address. ATR rule requires a third-party record to be "A document or other record prepared or reviewed by an appropriate person other than the consumer, the creditor, or the mortgage broker. . .". To use the letter in lieu of the CPA letter that guidelines require, we at least need to ensure it's a document that could be used and meets the standards under the ATR Rule.<br>Reviewer Comment (XXXX-03-02): Please provide an LOE providing additional clarification regarding the guideline exception made (waiving requirement for a CPA letter verifying employment status). LOE should address:<br> 1. Reason a CPA letter was not obtained or could not be obtained.<br> 2. Details regarding the individual who provided the alternative verification letter, including the individual's their title/role and relationship to the consumer, and lender's analysis/basis for determining that a letter from this individual satisfies the "reasonably reliable third party verification" standard under 1026.43(c) in lieu of a CPA letter<br> 3. A summary of the documentation and factors considered in assessing the borrower's current employment/business status in relation to determining ability to repay at time of consummation. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA letter missing from the loan file. |  |  |  | Reviewer Comment (XXXX-03-20): Alternate documentation provided to supplement the LOE. New document sufficient to accept employment. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Alternate documentation provided to supplement the LOE. New document sufficient to accept employment, however use of business asset exception remains. |  |  |  | Reviewer Comment (XXXX-03-23)XXXXsh flow completed by UW. On 1008. Cleared. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Alternate documentation provided to supplement the LOE. New document sufficient to accept employment, however use of business asset exception remains. |  |  |  | Reviewer Comment (XXXX-03-23): Additional supporting employment verification documentation provided. Cash flow completed by UW. On 1008. Cleared. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.83 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than guideline minimum of 1.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Borrower has minimal debt 0 x 30 x12 | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-25): Compensating factors provided does not apply to this loan. There are 7.94 reserves and that is only 1.94 points more than required. Need at least 4 points over to use it as a comp factor.<br>Seller Comment (XXXX-02-23): (Rate Lock) CFs provided<br>Reviewer Comment (XXXX-02-05): Provide Comp Factors to downgrade and waive exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Project had electrical panel repairs and XXXX high priority repairs needed. HOA can only provide letter from HOA management company warranting electrical repairs were completed and cannot provide final inspection or paid final invoices. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 36.24134% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-26): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Seller Comment (XXXX-03-25): (Rate Lock) There was a valid cure that was already applied at closing<br>Reviewer Comment (XXXX-03-24): This is a section B fee that increased. Please provide a valid COC or cure, LOE, PCCD, and proof of mailing.<br>Seller Comment (XXXX-03-24): (Rate Lock) This was already added to closing CD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Insurance Binder Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Insurance Binder Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-26): XXXX received Letter of Explanation, Payment History and Corrected CD.<br>Reviewer Comment (XXXX-03-24): The fee is in Section B which is a non-shopped fee. Please correct CD if needed or provide cure, LOE, and proof of mailing.<br>Seller Comment (XXXX-03-24): (Rate Lock) Borrower shopped for fees no cure needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max cash out for non- warrantable condo is 70% | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 36.24134% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max cash out for non- warrantable condo is 70% | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 36.24134% <br> Guideline Maximum DTI: 50.00000% | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Appraisal delivery receipt is not provided. |  |  |  | Reviewer Comment (XXXX-02-23): Received proof of delivery in trailing docs.<br>Seller Comment (XXXX-02-23): See attached tracking | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | D A C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | Appraisal delivery receipt is not provided. |  |  |  | Reviewer Comment (XXXX-02-24): Received proof of delivery in trailing docs.<br>Reviewer Comment (XXXX-02-23): Proof of delivery for appraisal with report date of XXXX was provided. Please provide proof of delivery for appraisal with report date of XXXX.<br>Seller Comment (XXXX-02-23): See attached tracking | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | D A C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. |  |  |  | Reviewer Comment (XXXX-02-23): Received docs in trailing docs.<br>Seller Comment (XXXX-02-23): See attached tracking | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Statement | Mortgage Statement is missing in the file. |  |  |  | Reviewer Comment (XXXX-02-23): Received docs in trailing docs.<br>Seller Comment (XXXX-02-23): See attached<br>Reviewer Comment (XXXX-01-23): Mortgage statement for XXXX was not provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (XXXX-02-24): Received secondary valuation in trailing docs.<br>Reviewer Comment (XXXX-02-23): Field review provided has no appraised value. Please provide a full and complete field review.<br>Seller Comment (XXXX-02-23): See attached<br>Seller Comment (XXXX-02-23): See attached field review | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A C B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | The file is missing a copy of the Guarantor Agreement. |  |  |  | Reviewer Comment (XXXX-03-09): Received Guarantor Agreement in trailing docs. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX |  |  |  |  | Reviewer Comment (XXXX-02-12): Property is a site condo and allowable per guidelines.<br>Seller Comment (XXXX-02-11): (Rate Lock) This is a site condo, review is not needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-02-06): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-05): (Rate Lock) EV2 accept please clear | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final Closing Disclosure provided on XXXX did not disclose why the loan will not have an escrow account. |  |  |  | Reviewer Comment (XXXX-02-12): Letter of Explanation & Corrected Closing Disclosure<br>Reviewer Comment (XXXX-02-12): XXXX received Letter of Explanation & Corrected Closing Disclosure. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan closed in an LLC, however, it is a second home and guidelines require investment properties only. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 39.83<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 61.09980%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 61.09980%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-02-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.75844% or Final Disclosure APR of 7.96300% is equal to or greater than the threshold of APOR 6.25% + 1.5%, or 7.75000%. Non-Compliant Higher Priced Mortgage Loan. | The appraisal was not in the name of the lender. Provide a revised appraisal correcting the client or an appraisal transfer letter. |  |  |  | Reviewer Comment (XXXX-03-04): Client sent in recorded deed.<br>Seller Comment (XXXX-03-02): (Rate Lock) You are using recording date which is not the actual date seller took ownership of the property, just the day it was recorded. The transfer is accurately verified by the deed which in this case is XXXX and would make it not a flip per attached<br>Reviewer Comment (XXXX-02-16): Please see email sent XXXX @5:07pm. The seller, XXXX, acquired the property on XXXX and entered into a contract to sell it on XXXX, with the last signature being XXXX. This is within 180 days.<br>Seller Comment (XXXX-02-12): (Rate Lock) Vesting reflects XXXX - i've attached a property profile when the SELLER acquired the property and that was XXXX<br>Reviewer Comment (XXXX-02-11): Since this is a regulatory issue, per the compliance citation, a second appraisal is required because there is more than 20% price increase.<br>Seller Comment (XXXX-02-10): (Rate Lock) The increase happened outside the regulatory days for the property to be considered a FLIP so no 2nd appraisal is needed per our guidelines.<br>Reviewer Comment (XXXX-02-06): This is a regulatory issue, per the compliance citation, a second appraisal is required because there is more than 20% price increase.<br>Seller Comment (XXXX-02-05): (Rate Lock) Per our guidelines, this is not a flip because it is not in the date range. a 2nd appraisal is not needed<br>Reviewer Comment (XXXX-02-05): According to § 1026.35(c)(4)(i) Flipped property guides, A second appraisal is required because there is more than 20% price increase in the purchase price. In this case, there was a 48.33% price increase in the last sales price.<br>Seller Comment (XXXX-02-04): (Rate Lock) The recording date for the Seller acquiring the property was XXXX & our application date is XXXX which is XXXX days. The flip guidelines state 91-180 days so were within that threshold. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. | Since this is a regulatory issue, per the compliance citation, a second appraisal is required because there is more than 20% price increase. |  |  |  | Reviewer Comment (XXXX-03-04): Client sent in recorded deed.<br>Seller Comment (XXXX-03-02): (Rate Lock) You are using recording date which is not the actual date seller took ownership of the property, just the day it was recorded. The transfer is accurately verified by the deed which in this case is XXXX and would make it not a flip per attached<br>Reviewer Comment (XXXX-02-16): Please see email sent XXXX @5:07pm. The seller, XXXX LLC, acquired the property on XXXX and entered into a contract to sell it on XXXX, with the last signature being XXXX. This is within 180 days.<br>Seller Comment (XXXX-02-12): (Rate Lock) Vesting reflects XXXX, LLC - i've attached a property profile when the SELLER acquired the property and that was XXXX<br>Reviewer Comment (XXXX-02-11): Per guidelines, property is considered a flip if the price in the borrower's purchase agreement exceeds the property Seller's acquisition price by more than 20% if the property Seller acquired the property 91-180 days prior to the date of the borrower's purchase agreement. Date of purchase agreement was XXXX, seller acquired property XXXX which is XXXX days.<br>Seller Comment (XXXX-02-10): (Rate Lock) The increase happened outside the regulatory days for the property to be considered a FLIP so no 2nd appraisal is needed per our guidelines.<br>Reviewer Comment (XXXX-02-06): This is a regulatory issue, per the compliance citation, a second appraisal is required because there is more than 20% price increase.<br>Seller Comment (XXXX-02-05): (Rate Lock) Per our guidelines, this is not a flip because it is not in the date range. a 2nd appraisal is not needed<br>Reviewer Comment (XXXX-02-05): According to § 1026.35(c)(4)(i) Flipped property guides, A second appraisal is required because there is more than 20% price increase in the purchase price. In this case, there was a 48.33% price increase in the last sales price.<br>Seller Comment (XXXX-02-04): (Rate Lock) The recording date for the Seller acquiring the property was XXXX & our application date is XXXX which is XXXX. The flip guidelines state 91-180 days so were within that threshold. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 85.00000%. | Calculated loan-to-value percentage of 90.00000% exceeds guideline loan-to-value percentage of 85.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 13.22<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-01-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 85.00000%. | Calculated combined loan-to-value percentage of 90.00000% exceeds guideline combined loan-to-value percentage of 85.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 13.22<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-01-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. |  |  |  |  | Reviewer Comment (XXXX-02-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-02): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 45.45031% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) |  | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 13.22<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-01-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 45.45031% exceeds Guideline total debt ratio of 45.00000%. | DTI exceeds maximum guideline of %. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 13.22<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 777 | XXXX | Reviewer Comment (XXXX-01-14): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-02-03): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-02): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Rent Loss insurance is less than 6 months' rent coverage. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves: 39.43<br> Guideline Requirement: 9.00<br>Borrower has been employed in the same industry for more than 5 years. | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraiser used short term rentals for subject property as no rental income projections available due to new condo project. | Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 756 | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower prepared XXXX Profit & Loss statement was used for Income calculation. Guidelines require CPA/EA/CTEC prepared P&L statement. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 39.43<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 756<br>Tradelines on credit back to 2004 no late. | XXXX | Reviewer Comment (XXXX-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-05): Lender exception form in file does not show exception for borrower prepared P&L statement. Please also provide additional compensating factors.<br>Seller Comment (XXXX-03-03): attached - exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX-01-22): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-21): (Rate Lock) Lender excepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-10): XXXX received PCCD, LOE, proof of mailing & copy of refund check.<br>Reviewer Comment (XXXX-03-09): Shipping label provided shows that check is yet to be dropped off with the shipping company. Please provide evidence of delivery.<br>Reviewer Comment (XXXX-02-02): XXXX received a corrected PCCD; however, an LOE was not provided. Additionally, moving the fee to Section C alone does not resolve this exception. At this time, we are unable to determine from the file whether the survey was required by the lender or the title company. If the lender required the survey, a cure is due to the borrower. If the survey fee was incurred because a borrower-chosen service provider outsourced the service, an attestation or comment on the exception from the seller is required. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow the fee to be tested under the no-tolerance category, with the understanding that the new fee added on the CD was imposed by a provider through whom the borrower indirectly selected the service.<br>Reviewer Comment (XXXX-01-22): XXXX received rebuttal, however fee is disclosed in sec B of CD. If fee is borrower shopped, it should have been disclosed on sec H of CD. We are unable to determine from the file whether the lender or title company required the survey. If the lender required, the survey fee then a cure is due to the borrower. If the borrower-chosen service provider further outsourced the Survey Fee, an attestation from the seller is needed. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. Please provide PCCD, LOE and attestation to re-evaluate the exception.<br>Seller Comment (XXXX-01-21): (Rate Lock) Borrower shopped for survey fee per the XXXX SSPL. No cure is needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 84.99980% exceeds Guideline loan to value percentage of 80.00000%. | MAXLTV is 80% with 660 FICO | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI: 30.43742% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-01-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 84.99980% exceeds Guideline combined loan to value percentage of 80.00000%. | MAXLTV is 80% with 660 FICO | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI: 30.43742% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-01-08): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Guidelines require verification of borrower self-employment for at least 2 years, and the business must be in existence for at least 2 years. This was not provided. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-20): TPV and fully executed Operating Agreement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) VOE prior to close and signed OA provided; the XXXX are withdrawals, so nothing needed<br>Reviewer Comment (XXXX-02-11): The existence of the business must be verified within 120 calendar days of Note. The articles provided confirm the start date of business, but there is no confirmation that the business is existent. Please provide third party verification within 120 calendar days of note and verification of borrower self-employment for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income.<br>Seller Comment (XXXX-02-11): (Rate Lock) Articles provided showing business has been operating since XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing verification of borrower self-employment for at least 2 years, and verification business has been in existence for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-20): TPV and fully executed Operating Agreement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) VOE prior to close and signed OA provided; the XXXX are withdrawals, so nothing needed<br>Reviewer Comment (XXXX-02-11): The existence of the business must be verified within 120 calendar days of Note. The articles provided confirm the start date of business, but there is no confirmation that the business is existent. Please provide third party verification within 120 calendar days of note and verification of borrower self-employment for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income.<br>Seller Comment (XXXX-02-11): (Rate Lock) Articles provided showing business has been operating XXXX | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing verification of borrower self-employment for at least 2 years, and verification business has been in existence for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-20): TPV and fully executed Operating Agreement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) VOE prior to close and signed OA provided; the XXXX are withdrawals, so nothing needed<br>Reviewer Comment (XXXX-02-11): The existence of the business must be verified within 120 calendar days of Note. The articles provided confirm the start date of business, but there is no confirmation that the business is existent. Please provide third party verification within 120 calendar days of note and verification of borrower self-employment for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income.<br>Seller Comment (XXXX-02-11): (Rate Lock) Articles provided showing business has been operating XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX, Borrower: XXXX XXXX Signed Operating agreement<br> Third Party Verification | Guidelines require verification of borrower self-employment for at least 2 years, and the business must be in existence for at least 2 years. This was not provided. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-20): TPV and fully executed Operating Agreement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) VOE prior to close and signed OA provided; the XXXX are withdrawals, so nothing needed<br>Reviewer Comment (XXXX-02-18): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Signed Operating agreement, Third Party Verification<br> Third Party Verification<br>Reviewer Comment (XXXX-02-18): Operating agreement, Third Party Verification provided. Verification the XXXX deposits in XXXX are business income still missing.<br>Reviewer Comment (XXXX-02-18): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Operating agreement, Third Party Verification<br> Third Party Verification<br>Reviewer Comment (XXXX-02-12): Received article of organization in trailing docs, however, a third party verification showing the business is still in existence at least 120 days prior to the Note date is still missing. File is also missing a fully executed Operating Agreement.<br>Reviewer Comment (XXXX-02-11): The existence of the business must be verified within 120 calendar days of Note. The articles provided confirm the start date of business, but there is no confirmation that the business is existent. Please provide third party verification within 120 calendar days of note and verification of borrower self-employment for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income.<br>Seller Comment (XXXX-02-11): (Rate Lock) Articles provided showing business has been operating XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing verification of borrower self-employment for at least 2 years, and verification business has been in existence for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-20): TPV and fully executed Operating Agreement provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) VOE prior to close and signed OA provided; the XXXX are withdrawals, so nothing needed<br>Reviewer Comment (XXXX-02-11): The existence of the business must be verified within 120 calendar days of Note. The articles provided confirm the start date of business, but there is no confirmation that the business is existent. Please provide third party verification within 120 calendar days of note and verification of borrower self-employment for at least 2 years. Operating agreement was not fully executed. Provide verification the XXXX deposits in XXXX are business income.<br>Seller Comment (XXXX-02-11): (Rate Lock) Articles provided showing business has been operating XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Provide verification the XXXX deposits in XXXX are business income. |  |  |  | Reviewer Comment (XXXX-02-13): Exception not required.<br>Seller Comment (XXXX-02-13): (Rate Lock) The XXXX transactions shown are withdrawals not deposits. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  |  |  |  |  | Reviewer Comment (XXXX-02-05): Credit report provided.<br>Seller Comment (XXXX-02-03): Credit report | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Purchase | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower has an employment gap from XXXX to XXXX which resulted in not having 12 months of 1099 income at time of application. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 61.11<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 78.73%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 52.17391%<br> Guideline Maximum Combined Loan to Value: 70.00000%<br>Loan to Value: 52.17391%<br> Guideline Maximum Loan to Value: 70.00000%<br>DTI: 35.70897% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 811 | XXXX | Reviewer Comment (XXXX-02-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (XXXX-03-25): Received entity certificate in trailing docs.<br>Seller Comment (XXXX-03-23): (Rate Lock) Please see uploaded entity certificate. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower had 2x30x12 mtg late payments (in Nov &; Dec XXXX). LOE received states the payments were late due to issues with the servicers autopay. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 15.27<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement |  |  |  |  | Reviewer Comment (XXXX-03-30): Received E-sign consent disclosure in trailing docs.<br>Seller Comment (XXXX-03-28): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Valid change of circumstances is missing |  |  |  | Reviewer Comment (XXXX-03-30): XXXX Received Vaid COC dated XXXX.<br>Seller Comment (XXXX-03-28): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | The H-9 form was used, the H-8 form should have been used. |  |  |  | Reviewer Comment (XXXX-03-30): Received the corrected form in trailing docs.<br>Seller Comment (XXXX-03-28): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is a rural property; rural properties ineligible on DSCR program. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 42.56757%<br> Guideline Maximum Loan to Value: 70.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 744 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Judgments / Balance: XXXX | Guidelines require all open judgments, garnishments, and all outstanding liens with less than seven years seasoning must be paid off prior to or at loan closings. Filing date was XXXX. |  |  |  | Reviewer Comment (XXXX-03-09): Received LOE showing borrower is not the debtor in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) Judgment does not correspond to borrower, please see uploaded LOE explaining this belongs to the borrower's father, who has a similar name. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. |  |  |  | Reviewer Comment (XXXX-03-10): XXXX received PCCD, LOE, proof of mailing & copy of refund check.<br>Reviewer Comment (XXXX-02-11): XXXX received the LOX for the rebuttal response. However, XXXX also requires documentation explaining the reason for the underwriting exception added on the XXXX CD, including why it was not known at the time of the initial disclosures. Additionally, supporting information must be provided regarding when the lender became aware of the unverifiable housing exception that was approved for a pricing change; otherwise, a cure would be due to the borrower. The cure must include a corrected CD, a letter of explanation to the borrower, proof of mailing, and a copy of the refund check.<br>Reviewer Comment (XXXX-02-11): Initial loan amount was XXXX with lender credit of XXXX. Loan amount on final Closing Disclosure was reduced to XXXX and lender credit was XXXX. Loan amount decreased by 0.36% and lender credit decreased by 99.42%. Please provide letter of explanation to explain how loan amount change impacted/resulted in lender credit change.<br> The exception in file is for unverifiable housing history.<br>Seller Comment (XXXX-02-11): (Rate Lock) Loan amount decreased per the COC provided and an exception was added per the exception docs uploaded.<br>Reviewer Comment (XXXX-02-09): Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unverifiable housing history for borrower. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has verified disposable income of at least XXXX. | Loan to Value: 38.71018%<br>Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02-09): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Appraisal report date was XXXX, closing was XXXX which is less than 3 days prior to closing. However, borrower acknowledged they received appraisal at least 3 days prior to closing. |  |  |  | Reviewer Comment (XXXX-01-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-24): (Rate Lock) EV2 ACCEPT PLEASE WAIVE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | Borrower was not qualified at the Fully amortized payment at the greater of the fully indexed or the note rate, to repay the loan over the remaining term after the I/O period. |  |  |  | Reviewer Comment (XXXX-01-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-01-24): (Rate Lock) EV2 ACCEPT PLEASE WAIVE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (XXXX-03-27): Received updated Operating agreement in trailing docs.<br>Reviewer Comment (XXXX-02-25): Operating agreement does not disclose that the members are allowed to take out a loan on behalf of the company. A corporate resolution is still required.<br>Seller Comment (XXXX-02-23): (Rate Lock) See page 4 IX - our borrower holds 60% | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. |  |  |  | Reviewer Comment (XXXX-02-17): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-17): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD/Closing Disclosure document is not found in file. |  |  |  | Reviewer Comment (XXXX-02-20): HUD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.88 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR Less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 68.26<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 47.35%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-27): (Rate Lock) Additional CFs provided<br>Reviewer Comment (XXXX-02-12): One compensating factor provided, please provide additional compensation factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX, Borrower: XXXX XXXX | Borrowers are first-time homebuyers. FTHBs are ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 68.26<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 47.35%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-27): (Rate Lock) Additional CFs provided<br>Reviewer Comment (XXXX-02-12): Please provide additional compensation factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrowers are first-time investors. First time investors are eligible with a DSCR > 1.0 and strong compensating factors. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 68.26<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 47.35%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 739 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-27): (Rate Lock) Additional CFs provided<br>Reviewer Comment (XXXX-02-12): Please provide additional compensation factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 35.93<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Commercial zoning properties are ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 38.08<br> Guideline Requirement: 6.00<br>The DSCR of 1.35 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 77.25694% exceeds Guideline loan to value percentage of 75.00000%. | Lender approved exception for LTV of 77.25694% which exceeds guidelines max of 75% for a property that was listed for sale within the last 12 months. | Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has worked in the same position for more than 3 years.<br>DTI: 33.70396% <br> Guideline Maximum DTI: 55.00000%<br>Reserves: 34.06<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 77.25694% exceeds Guideline combined loan to value percentage of 75.00000%. | Lender approved exception for LTV of 77.25694% which exceeds guidelines max of 75% for a property that was listed for sale within the last 12 months. | Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has worked in the same position for more than 3 years.<br>DTI: 33.70396% <br> Guideline Maximum DTI: 55.00000%<br>Reserves: 34.06<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Guidelines require the borrower to confirm in writing the reason for the prior listing. This was not provided in file. |  |  |  | Reviewer Comment (XXXX-02-25): LOX for property listing provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (XXXX-03-18): Other member signed DOT.<br>Seller Comment (XXXX-03-16): (Rate Lock) The other person who owns 50% signed the DOT therefore nothing else is needed<br>Reviewer Comment (XXXX-03-10): Operating agreement shows borrower owns 50% of the company. Please provide Corporate Resolution reflecting borrower has authority to bind the company on all owner's behalf.<br>Seller Comment (XXXX-03-10): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.50 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 0.75. | DSCR is Less than the minimum requirement. |  |  |  | Reviewer Comment (XXXX-03-04): Lender provided lender exception to use STR lease.<br>Seller Comment (XXXX-03-02): (Rate Lock) CF updated<br>Reviewer Comment (XXXX-02-23): Please provide additional compensating factors to waive and downgrade. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Allow use of XXXX/monthly rental income for short-term rental. Subject is new XXXX with no rental history. 1007 was completed based on longer-term rental and inaccurately provides estimated monthly rent of XXXX (per broker). The appraiser has added commentary to page 8 stating that his determination of estimated monthly rent is XXXX. The broker would like to use this to qualify. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.51<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-24): Exception form in file reflects Denied.<br>Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000% for cash-out refi rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.51<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) CF updated<br>Reviewer Comment (XXXX-02-23): Please provide additional compensating factors to waive and downgrade. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 65.00000% for cash-out refi rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 26.51<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 762<br>The DSCR of 1.31 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) CF updated<br>Reviewer Comment (XXXX-02-23): Please provide additional compensating factors to waive and downgrade. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing provided in file is not dated. |  |  |  | Reviewer Comment (XXXX-03-04): Received COGS in trailing docs.<br>Seller Comment (XXXX-03-02): (Rate Lock) Attached - also evidence when it was pulled due to no date on doc | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | The only Closing Disclosure in file is final Closing Disclosure. Please provide any additional Closing Disclosures. |  |  |  | Reviewer Comment (XXXX-02-13): Closing Disclosures provided.<br>Seller Comment (XXXX-02-13): (Rate Lock) CDs provvided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. XXXX | Lender Credit of XXXX exceeds tolerance of $-XXXX., without a valid changed circumstance document in file. No cure provided. |  |  |  | Reviewer Comment (XXXX-02-19): XXXX received a valid COC.<br>Seller Comment (XXXX-02-19): (Rate Lock) CIC provided and states "Change in Prop Type XXXX Disc, Lender Credits, DTI,APR,income" which is a valid change<br>Reviewer Comment (XXXX-02-13): Lender Credit of XXXX exceeds tolerance of $-XXXX., without a valid changed circumstance document in file. No cure provided. For Fee Tolerance Refund Please Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-02-13): (Rate Lock) CDs provvided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Fee Amount of XXXX exceeds tolerance of XXXX, without a valid changed circumstance document in file. No cure provided. |  |  |  | Reviewer Comment (XXXX-02-19): XXXX received a valid COC.<br>Seller Comment (XXXX-02-19): (Rate Lock) CIC provided and states "Change in Prop Type XXXX Disc, Lender Credits, DTI,APR,income" which is a valid change<br>Reviewer Comment (XXXX-02-13): Loan Discount Fee Amount of XXXX exceeds tolerance of XXXX, without a valid changed circumstance document in file. No cure provided. Fee Tolerance Refund Please Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-02-13): (Rate Lock) CDs provvided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement | Missing second mortgage statement for 26 Burning. |  |  |  | Reviewer Comment (XXXX-02-13): Received statement in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception Request for 2 of the 3 unit in the property have less then 500 Sq Ft of living space. Both units have XXXX Sq Ft. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Miscellaneous<br>The qualifying DSCR on the loan is greater than the guideline minimum. | LTV less than 70%, and at least 5% less than guideline minimum.<br>The DSCR of 1.1 is greater than the minimum required DSCR of 1.0. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has XXXX NSF's in the previous 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 97.79<br> Guideline Requirement: 9.00 | XXXX | Reviewer Comment (XXXX-02-11): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Title Policy amount is not provided on title preliminary. Title policy amount is required to cover the subject loan amount of XXXX Final Title Policy was not provided to verify sufficient title coverage was obtained. |  |  |  | Reviewer Comment (XXXX-02-12): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is not majority owner or controller of the LLC vested on title. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 127.43<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 57.18856%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 57.18856%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 786 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 127.43<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 57.18856%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 57.18856%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 786 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | Title policy provided has no coverage amount listed. |  |  |  | Reviewer Comment (XXXX-02-17): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is on a land lease. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Combined Loan to Value: 54.99915%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 54.99915%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD document is not provided in file. |  |  |  | Reviewer Comment (XXXX-02-18): Received final HUD in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HOA gets more than 10% of revenue from golf clubs, tennis courts, and amenities available to the public. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Combined Loan to Value: 54.99915%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 54.99915%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Foreign assets do not have 30 days of seasoning. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Combined Loan to Value: 54.99915%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 54.99915%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Zoning is industrial, ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 39.31<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 620<br> Representative FICO: 743<br>The DSCR of 1.41 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-01-28): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender approved exception for a non-warrantable condo without XXXX on the master policy. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 752 | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-10): (Rate Lock) docs provided<br>Reviewer Comment (XXXX-02-09): Lender approved exception for a non-warrantable condo without XXXX on the master policy. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification | Insurance verification for XXXX was not provided. |  |  |  | Reviewer Comment (XXXX-02-12): Insurance verification provided.<br>Seller Comment (XXXX-02-12): (Rate Lock) insurance provided<br>Reviewer Comment (XXXX-02-10): Received CD for XXXX, file is still missing insurance verification for XXXX.<br>Seller Comment (XXXX-02-10): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-09): Verification of insurance for XXXX was not provided. Cannot verify insurance payment required for DTI calculation. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement | Mortgage statement for XXXX was not provided. |  |  |  | Reviewer Comment (XXXX-02-09): CD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Statement | Mortgage statement for XXXX was not provided. |  |  |  | Reviewer Comment (XXXX-02-10): Received CD for property in trailing docs.<br>Seller Comment (XXXX-02-10): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-09): Missing verification of mortgage payment for XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing insurance and mortgage statements for other REO properties. |  |  |  | Reviewer Comment (XXXX-02-12): All REO verification documents provided.<br>Seller Comment (XXXX-02-12): (Rate Lock) insurance provided<br>Reviewer Comment (XXXX-02-10): Received CD for XXXX, file is still missing insurance verification for XXXX.<br>Seller Comment (XXXX-02-10): (Rate Lock) Docs provided<br>Reviewer Comment (XXXX-02-09): File is missing insurance and mortgage verification for XXXX and XXXX Ave.<br>Seller Comment (XXXX-02-05): (Rate Lock) All docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. |  |  |  | Reviewer Comment (XXXX-02-09): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-05): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guarantor currently resides in Argentina at his primary which is in his name, though all the utility bills are in his fathers name. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Reserves: 81.89<br> Guideline Requirement: 9.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 705<br>The borrower has XXXX years personal rentals in his portfolio. | XXXX | Reviewer Comment (XXXX-03-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Declarations of Organizational Facts not executed and Notarized. |  |  |  | Reviewer Comment (XXXX-03-10): Received signed and notarized document in trailing docs.<br>Seller Comment (XXXX-03-10): (Rate Lock) Please see uploaded signed and notarized XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | Lender approved exception for First time home buyer. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Borrower's Own Funds Percent: 34.93%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 757<br>Borrower has 8 mon reserves and only 6 are required.<br>Low revolving credit usage. | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX-03-11): Additional compensating factors required for the 3 lender exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 2–30 late pay on current rent within the last 12 months. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Borrower's Own Funds Percent: 34.93%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 757<br>Borrower has 8 mon reserves and only 6 are required.<br>Low revolving credit usage. | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX-03-16): Additional compensating factors required for the 3 lender exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.99996% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 75% exceeds guideline max of 70% for a borrower purchasing a short term rental with less than 1 year experience. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Borrower's Own Funds Percent: 34.93%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 757<br>Borrower has 8 mon reserves and only 6 are required.<br>Low revolving credit usage. | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX-03-16): Additional compensating factors required for the 3 lender exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.99996% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 75% exceeds guideline max of 70% for a borrower purchasing a short term rental with less than 1 year experience. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Borrower's Own Funds Percent: 34.93%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 757<br>Borrower has 8 mon reserves and only 6 are required.<br>Low revolving credit usage. | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Additional CF added<br>Reviewer Comment (XXXX-03-16): Additional compensating factors required for the 3 lender exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX is required and was not provided. |  |  |  | Reviewer Comment (XXXX-03-17): XXXX provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) As XXXX does not meet the min 1.0 ratio, the 1007 will be used per guidelines.<br>Reviewer Comment (XXXX-03-16): Please provided XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. Min DSCR of 1 is required for short term rentals. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Borrower's Own Funds Percent: 34.93%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 757<br>Borrower has 8 mon reserves and only 6 are required.<br>Low revolving credit usage. | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) This was part of the exception<br>Reviewer Comment (XXXX-03-16): Approval shows DSCR of 1.088 (XXXX/XXXX). Due Diligence calculated DSCR is 0.97 (XXXX/XXXX). Difference in PITIA of XXXX. Due Diligence PITIA includes P&I XXXX, Property taxes XXXX, Hazard Insurance XXXX and HOA dues XXXX. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 12.95<br> Guideline Requirement: 6.00<br>Loan to Value: 57.06897%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 794 | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Final HUD-1 provided is not fully executed. |  |  |  | Reviewer Comment (XXXX-03-04): Received fully executed HUD in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. |  |  |  | Reviewer Comment (XXXX-03-23): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | Borrower: XXXX XXXX. XXXX | Birth Date for Trustee, XXXX is missing in file. |  |  |  | Reviewer Comment (XXXX-02-19): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-17): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | LTV of 75% exceeds guideline max of 65% for a cash-out refi on a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 62.27<br> Guideline Requirement: 6.00<br>The DSCR of 1.15 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | LTV of 75% exceeds guideline max of 65% for a cash-out refi on a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 62.27<br> Guideline Requirement: 6.00<br>The DSCR of 1.15 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Subject zip code on Hazard insurance policy document of XXXX does not match the zip code on the Note and Security Instrument XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received corrected Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Subject zip code on the Flood certificate of XXXX does not match the zip code on the Note and Security Instrument XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received corrected Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Subject zip code on the Appraisal of XXXX does not match the zip code on the Note and Security Instrument XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received corrected Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report Date: XXXX | Subject zip code on CDA of XXXX does not match the zip code on the Note and Security Instrument XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received corrected Note in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender used XXXX income without the transcripts being provided. Borrower was unable to pull XXXX 1040 transcripts per CPA. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Disposable Income: XXXX<br>Loan to Value: 6XXXX623% | XXXX | Reviewer Comment (XXXX-01-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Subject is a rural property in excess of 10 acres. Guidelines allow for 10 acres maximum; appraisal shows XXXX acres. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Disposable Income: XXXX<br>Loan to Value: 6XXXX623% | XXXX | Reviewer Comment (XXXX-01-22): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is purchasing a primary residence right next door to the departing residence. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Request to allow use of CPA letter to confirm 15% expense ratio by a CPA who did not prepare the borrower's tax returns. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has worked in the same position for more than 3 years.<br>Borrower is not using rental income to qualify. | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX XXXX Operating agreement | Loan file is missing an Operating agreement to determine borrower's ownership percentage of their business. Attorney letter states at least 25%, not 100%. |  |  |  | Reviewer Comment (XXXX-03-09): Received CPA letter showing ownership percentage in trailing docs.<br>Seller Comment (XXXX-03-06): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-03-05): Attorney letter provided is not dated.<br>Seller Comment (XXXX-03-04): (Rate Lock) Confirmation of 100% provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing income documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received CPA letter showing ownership percentage in trailing docs.<br>Seller Comment (XXXX-03-06): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-03-05): Attorney letter provided is not dated.<br>Seller Comment (XXXX-03-04): (Rate Lock) Confirmation of 100% provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received CPA letter showing ownership percentage in trailing docs.<br>Seller Comment (XXXX-03-06): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-03-05): Attorney letter provided is not dated.<br>Seller Comment (XXXX-03-04): (Rate Lock) Confirmation of 100% provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received CPA letter showing ownership percentage in trailing docs.<br>Seller Comment (XXXX-03-06): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-03-05): Attorney letter provided is not dated.<br>Seller Comment (XXXX-03-04): (Rate Lock) Confirmation of 100% provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Waterfall exception due to missing income documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received CPA letter showing ownership percentage in trailing docs.<br>Seller Comment (XXXX-03-06): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-03-05): Attorney letter provided is not dated.<br>Seller Comment (XXXX-03-04): (Rate Lock) Confirmation of 100% provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX Statement | Missing mortgage statement. |  |  |  | Reviewer Comment (XXXX-03-03): CD provided.<br>Seller Comment (XXXX-02-27): (Rate Lock) Loan just closed<br>Reviewer Comment (XXXX-02-25): Verification of mortgage payment of XXXX was not provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | Title commitment shows Insurance policy amount of XXXX which is less than the loan amount of XXXX. |  |  |  | Reviewer Comment (XXXX-02-12): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-11): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.93051% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 80% exceeds max of 70% for a cash out refinance on a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 59.76<br> Guideline Requirement: 6.00<br>DTI: 30.82981% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-02-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing most recent 12 consecutive months housing history for borrower's existing primary mortgage. Loan payment history from the Lender shows only 7 months payment history. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 59.76<br> Guideline Requirement: 6.00<br>DTI: 30.82981% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final Closing Disclosure did not reflect reason for not having an escrow account. |  |  |  | Reviewer Comment (XXXX-02-16): XXXX received Letter of Explanation & Corrected Closing Disclosure. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject is on 60 acres and guideline max is 10 acres. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 59.76<br> Guideline Requirement: 6.00<br>DTI: 30.82981% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-02-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Judgments / Balance: XXXX | Guidelines require payoff of judgements with less than 7 years seasoning. No evidence of payoff was provided in file. |  |  |  | Reviewer Comment (XXXX-03-23): Received proof of satisfaction of lien in trailing docs.<br>Seller Comment (XXXX-03-19): (Rate Lock) Please see uploaded release of judgment. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-03-18): XXXX received LOE.<br>Seller Comment (XXXX-03-17): (Rate Lock) LOE from escrow that the CD was only for a number stance<br>Reviewer Comment (XXXX-03-02): Please provide LOE explaining the circumstances behind the issuance of the XXXX CD and XXXX will re-review the loan.<br>Seller Comment (XXXX-02-27): (Rate Lock) Can anything cure this?<br>Reviewer Comment (XXXX-02-27): CD dated XXXX is incomplete on page 5 but was signed by both borrowers.<br>Seller Comment (XXXX-02-26): (Rate Lock) ICD provided and no increase in APR | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was not provided to the borrower. |  |  |  | Reviewer Comment (XXXX-02-11): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-11): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA letter provided does not indicate that withdrawal of funds from the business bank account will not negatively impact the business. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Guidelines Representative FICO: 660<br> Representative FICO: 736<br>Borrower has been employed in the same industry for more than 5 years.<br>Loan to Value: 62.43806%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-02-11): Final 1003 shows assets were used from business accounts ending XXXX. We excluded assets from account XXXX because there was no proof of ownership of business and no letter verifying impact on business from withdrawal of funds. Verification that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations is required for account XXXX. For account XXXX same verification is required by guidelines, and evidence of ownership of business. Either account will be sufficient.<br>Seller Comment (XXXX-02-11): (Rate Lock) bank statement business is not the same business the borrower was used to qualify with, therefore this is not needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing evidence that the withdrawal of funds from the business account will not have a negative impact on the business. |  |  |  | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-02-11): Final 1003 shows assets were used from business accounts ending XXXX. We excluded assets from account XXXX because there was no proof of ownership of business and no letter verifying impact on business from withdrawal of funds. Verification that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations is required for account XXXX. For account XXXX same verification is required by guidelines, and evidence of ownership of business. Either account will be sufficient.<br>Seller Comment (XXXX-02-11): (Rate Lock) bank statement business is not the same business the borrower was used to qualify with, therefore this is not needed | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing evidence that the withdrawal of funds from the business account will not have a negative impact on the business. |  |  |  | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-03-02): If we remove both businesses' assets from calculation, we will have reserves of 3.52 months against minimum required reserves of 6 months.<br>Seller Comment (XXXX-02-26): (Rate Lock) Both business assets are removed from calculation, and still the requirements are met<br>Reviewer Comment (XXXX-02-11): Final 1003 shows assets were used from business accounts ending XXXX. We excluded assets from account XXXX because there was no proof of ownership of business and no letter verifying impact on business from withdrawal of funds. Verification that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations is required for account XXXX. For account XXXX same verification is required by guidelines, and evidence of ownership of business. Either account will be sufficient.<br>Seller Comment (XXXX-02-11): (Rate Lock) bank statement business is not the same business the borrower was used to qualify with, therefore this is not needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing evidence that the withdrawal of funds from the business account will not have a negative impact on the business. |  |  |  | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-03-02): If we remove both businesses' assets from calculation, we will have reserves of 3.52 against minimum required reserves of 6 months.<br>Seller Comment (XXXX-02-26): (Rate Lock) Both business assets are removed from calculation, and still the requirements are met<br>Reviewer Comment (XXXX-02-11): Final 1003 shows assets were used from business accounts ending XXXX. We excluded assets from account XXXX because there was no proof of ownership of business and no letter verifying impact on business from withdrawal of funds. Verification that the withdrawal of funds for the transaction will not have a negative impact on the business and its continued operations is required for account XXXX. For account XXXX same verification is required by guidelines, and evidence of ownership of business. Either account will be sufficient.<br>Seller Comment (XXXX-02-11): (Rate Lock) bank statement business is not the same business the borrower was used to qualify with, therefore this is not needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 62.43806%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 736 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-03-02): If we remove both businesses' assets from calculation, we will have reserves of 3.52 months against minimum required reserves of 6 months.<br>Seller Comment (XXXX-02-26): (Rate Lock) Both business assets are removed from calculation, and still the requirements are met | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan is an asset depletion on a cash-out refinance. Guideline indicate that only purchase and rate/term refi's are allowed on asset depletion loans. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI: 14.04687% <br> Guideline Maximum DTI: 55.00000%<br>Disposable Income: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 790 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) Exception attached | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-12): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow borrower to use bonus earning to qualify, even though borrower had an interruption of no bonus earnings for XXXX. Borrower had bonus earnings from 2015 through XXXX and again in XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Housing payment history is 0\*30\*24 or better. | XXXX | Reviewer Comment (XXXX-03-13): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-13): (Rate Lock) Exception was approved please clear | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement | Mortgage statement was not found in file. |  |  |  | Reviewer Comment (XXXX-03-18): CD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations: D. 1. Have you or will you be applying for a mortgage loan on another property (not the property securing this loan) on or before closing this transaction that is not disclosed on this loan application? was entered Yes. Unable to determine qualification without this information. | Borrower: XXXX, Borrower: XXXX XXXX |  |  |  |  | Reviewer Comment (XXXX-03-27): Borrower obtained another disclosed loan.<br>Reviewer Comment (XXXX-03-25): 1003 application provided is not signed.<br>Reviewer Comment (XXXX-03-25): The 1003 provided is not fully executed.<br>Reviewer Comment (XXXX-03-18): The question is on mortgages not disclosed on the application. The CD provided is for a property that was disclosed on the application.<br>Seller Comment (XXXX-03-16): (Rate Lock) They had another MTG in process - see attached CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Loan amount on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1.<br>Seller Comment (XXXX-02-10): Please see attached final HUD 1 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Loan term on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Principal, interest and MI payment on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Interest rate on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD ErrorXXXXn your interest rate rise question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD ErrorXXXXn your loan balance rise question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD ErrorXXXXn your monthly payment amount owed rise question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Prepayment penalty question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Balloon term question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See trailing docs for final HUD 1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | (Doc Error) HUD Error: Escrow question on page 3 of the final HUD was not provided. |  | Final HUD missing form file. |  |  |  | Reviewer Comment (XXXX-02-16): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-12): Please waive to EV 2<br>Reviewer Comment (XXXX-02-12): Document provided is a Closing Statement, not a HUD. This is an EV2 Informational exception. It can be waived if no HUD available.<br>Seller Comment (XXXX-02-10): See attached final HUD 1 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 72.00<br> Guideline Requirement: 12.00<br>DTI: 27.21188% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-02-09): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 72.00<br> Guideline Requirement: 12.00<br>DTI: 27.21188% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-02-09): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Lender approved exception for cash back over XXXX with LTV above max 70% for cash-out on a P&L loan. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 72.00<br> Guideline Requirement: 12.00<br>DTI: 27.21188% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 795 | XXXX | Reviewer Comment (XXXX-02-09): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | Exempt from ATR | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-03-11): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-10): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | Max cash out for rural property is 65% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by XX points. | Reserves: 127.51<br> Guideline Requirement: 6.00<br>The representative FICO score exceeds the guideline minimum by 40 points. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-19): (Rate Lock) Approved exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Max cash out for rural property is 65% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by XX points. | Reserves: 127.51<br> Guideline Requirement: 6.00<br>The representative FICO score exceeds the guideline minimum by 40 points. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-19): (Rate Lock) Approved exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy Effective date XXXX is after the Note date XXXX. Kindly provide Hazard Insurance policy with effective date prior to note date. |  |  |  | Reviewer Comment (XXXX-02-25): Prior hazard insurance policy provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) Attached are both policies from a period XXXX - XXXX<br>Reviewer Comment (XXXX-02-19): Hazard insurance provided is dated after closing. Please provide hazard insurance policy with start date within the Note date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | Amount financed disclosed is XXXX. Calculated amount financed is XXXX. Variance of XXXX. Required Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected Closing Disclosure. |  |  |  | Reviewer Comment (XXXX-03-27): XXXX received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Seller Comment (XXXX-03-26): (Rate Lock) Delivered XXXX<br>Reviewer Comment (XXXX-03-24): XXXX received copy of the RTC and proof of mailing. Proof of delivery is required. We are unable to cure the exception until the package is delivered.<br>Reviewer Comment (XXXX-03-13): XXXX received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. As this is a Material Disclosure violation on a rescindable transaction, the reopening of rescission is also required. Please provide proof rescission reopened to all consumers.<br>Reviewer Comment (XXXX-03-09): While we acknowledge that a one-time up front tax determination used in the decisions to extend credit would be excluded from finance charge under 1026.4(c)(7), any portion of a charge for life of loan tax service is considered a finance charge. Without documentation evidencing which portion is for life of loan vs. one time upfront, the entire amount is included in finance charges for testing purposes pursuant to Comment 19 (4)(c)(7)-3 which provides:<br> For example, a fee for one or more determinations during the loan term of the current tax-lien status or 68-insurance requirements is a finance charge, regardless of whether the fee is imposed at closing, or when the service is performed. If a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to the initial decision to grant credit, the entire fee may be treated as a finance charge. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | Finance Charge disclosed is XXXX. Calculated finance charge is XXXX. Variance of XXXX. Required Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected Closing Disclosure. |  |  |  | Reviewer Comment (XXXX-03-27): XXXX received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Seller Comment (XXXX-03-26): (Rate Lock) Delivered XXXX<br>Reviewer Comment (XXXX-03-24): XXXX received copy of the RTC and proof of mailing. Proof of delivery is required. We are unable to cure the exception until the package is delivered.<br>Reviewer Comment (XXXX-03-13): XXXX received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. As this is a Material Disclosure violation on a rescindable transaction, the reopening of rescission is also required. Please provide proof rescission reopened to all consumers.<br>Reviewer Comment (XXXX-03-09): While we acknowledge that a one-time up front tax determination used in the decisions to extend credit would be excluded from finance charge under 1026.4(c)(7), any portion of a charge for life of loan tax service is considered a finance charge. Without documentation evidencing which portion is for life of loan vs. one time upfront, the entire amount is included in finance charges for testing purposes pursuant to Comment 19 (4)(c)(7)-3 which provides:<br> For example, a fee for one or more determinations during the loan term of the current tax-lien status or 68-insurance requirements is a finance charge, regardless of whether the fee is imposed at closing, or when the service is performed. If a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to the initial decision to grant credit, the entire fee may be treated as a finance charge. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Transfer tax fee amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (XXXX-03-10): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to exclude the commercial mortgage payment from the DTI. Borrower uses cash he receives from cash paying tenants from the commercial building to pay the commercial mortgage. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Loan to Value: 21.21212%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 37.94<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 778 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-27): (Rate Lock) Please advise what is needed to clear this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional/XXXX) | No evidence of borrower's receipt of AVM dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-23): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-02): XXXX: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.<br>Seller Comment (XXXX-02-27): (Rate Lock) This was included on the final CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-02): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Regular APR Change | TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. | Corrected Closing Disclosure issued on XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-03-09): Received attestation from Loan processor that borrower did not receive the CDs.<br>Reviewer Comment (XXXX-02-13): Both CDs dated XXXX disclosed an APR of 0.00%. Please provide corrected CDs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Buyer is currently occupying the property via a lease with no agreement in place. All payments made do not go towards the purchase of the property but once the property is purchased our the borrower will hold title. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Reserves: 53.94<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 57.31%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 41.32657% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-02-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-13): Received Post Closing CD, LOE, Refund check and mailing label in trailing docs.<br>Reviewer Comment (XXXX-03-09): Shipping label provided shows that the check has yet to be received by the shipping label. Please provide evidence of delivery to borrower. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX Statement | File is missing a mortgage statement for XXXX |  |  |  | Reviewer Comment (XXXX-03-09): Received credit supplement in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) HOI confirms which MTG goes to each property, and I have attached a credit supplement to evidence current payments<br>Reviewer Comment (XXXX-02-13): Verification of the P&I for the property is missing from loan file. Taxes and Insurance verification were provided.<br>Seller Comment (XXXX-02-12): (Rate Lock) REOs are not escrowed - please see attached T&I | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Statement | Mortgage statement is missing for XXXX, XXXX. |  |  |  | Reviewer Comment (XXXX-03-09): Received credit supplement in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) HOI confirms which MTG goes to each property, and I have attached a credit supplement to evidence current payments<br>Reviewer Comment (XXXX-02-13): Verification of the P&I for the property is missing from loan file. Taxes and Insurance verification were provided.<br>Seller Comment (XXXX-02-12): (Rate Lock) REOs are not escrowed - please see attached T&I | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Statement | Mortgage statement is missing for XXXX, XXXX. |  |  |  | Reviewer Comment (XXXX-03-09): Received credit supplement in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) HOI confirms which MTG goes to each property, and I have attached a credit supplement to evidence current payments<br>Reviewer Comment (XXXX-02-13): Verification of the P&I for the property is missing from loan file. Taxes and Insurance verification were provided.<br>Seller Comment (XXXX-02-12): (Rate Lock) REOs are not escrowed - please see attached T&I | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX HOA Verification, Insurance Verification | The file is missing a copy of the HOA and hazard insurance policy for property on XXXX Avenue. |  |  |  | Reviewer Comment (XXXX-03-26): HOI provided.<br>Seller Comment (XXXX-03-26): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Association has outstanding code violation, Code violations have not been cleared, however they do not indicate any structural issues. Association has no intent to impose a special assessment for corrections. Reserve account balance as of XXXX is XXXX. Subject unit has no outstanding code violations. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 33.49<br> Guideline Requirement: 9.00<br>DTI: 22.09818% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-02-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Need 1 day extension on income document expiration. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 33.49<br> Guideline Requirement: 9.00<br>DTI: 22.09818% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-02-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a non warrantable condo. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 33.49<br> Guideline Requirement: 9.00<br>DTI: 22.09818% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-10): Credit exception for 80% LTV for this non-warrantable condo, top of page 2<br>Reviewer Comment (XXXX-02-09): Guidelines allow up to 75% LTV for purchase of non-warrantable condo.<br>Seller Comment (XXXX-02-05): This bank statement loan is under the Open Road guidelines - page 89, matrix shows with a 771 credit score, purchase, IP up to XXXX allows up to 80% LTV. <br> Please confirm you are referencing the correct guideline. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a non warrantable condo. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 33.49<br> Guideline Requirement: 9.00<br>DTI: 22.09818% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 762 | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-10): Credit exception for 80% LTV for this non-warrantable condo, top of page 2<br>Reviewer Comment (XXXX-02-09): Guidelines allow up to 75% LTV for purchase of non-warrantable condo.<br>Seller Comment (XXXX-02-05): This bank statement loan is under the Open Road guidelines - page 89, matrix shows with a 771 credit score, purchase, IP up to XXXX allows up to 80% LTV. <br> Please confirm you are referencing the correct guideline. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three business days prior to Note. |  |  |  | Reviewer Comment (XXXX-02-13): Received proof of delivery in trailing docs.<br>Seller Comment (XXXX-02-11): Appraisal was sent to borrower on XXXX and closing date was on XXXX. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Other | 1003 shows monthly insurance, taxes, and association dues of XXXX. Taxes and insurance are XXXX per documents in file. Please provide verification of XXXX (XXXX - XXXX) for XXXX. |  |  |  | Reviewer Comment (XXXX-02-13): Received clarification from lender.<br>Seller Comment (XXXX-02-11): Please be advised that property taxes were calculated as follows: Property purchased XXXX Tax @ 1.25% of purchase price XXXX = XXXX/year or XXXX7.92. Monthly property tax XXXX + monthly HOI XXXX = XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Insurance Verification | Insurance verification for XXXX XXXX was not provided. |  |  |  | Reviewer Comment (XXXX-02-13): Received insurance doc in trailing docs.<br>Seller Comment (XXXX-02-11): Please see attached. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) |  |  |  |  | Reviewer Comment (XXXX-02-17): Appraisal with a report date of XXXX and received by borrower XXXX provided.<br>Seller Comment (XXXX-02-13): Please find attached original appraisal sent to the borrower dated XXXX.<br>Reviewer Comment (XXXX-02-13): Appraisal report was dated XXXX. Appraisal was provided to borrower on XXXX which is prior to the date of completion.<br>Seller Comment (XXXX-02-11): Proof of appraisal delivery dated XXXX was provided and it's in the file. Closing date or note date was on XXXX | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Appraisal report was dated XXXX. Appraisal was provided to borrower on XXXX which is prior to the date of completion. |  |  |  | Reviewer Comment (XXXX-02-18): Received proof of delivery at closing in trailing docs.<br>Reviewer Comment (XXXX-02-18): Missing proof of delivery to borrower for appraisal with report date of XXXX.<br>Seller Comment (XXXX-02-18): We provided the appraisal waiver and proof of delivery on XXXX as well as the appraisal sent on XXXX.<br>Reviewer Comment (XXXX-02-17): No evidence of borrower's receipt of appraisal was provided in file. Borrower waived right to receive appraisal at least 3 business days prior to closing and appraisal was not provided at closing.<br>Seller Comment (XXXX-02-13): Copy of original appraisal sent to the borrower submitted; also attached is the waiver regarding appraisal. We are in compliance with ECOA. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Client:XXXX/XXXX) | No evidence of borrower's receipt of appraisal was provided in file. Borrower waived right to receive appraisal at least 3 business days prior to closing and appraisal was not provided at closing. |  |  |  | Reviewer Comment (XXXX-02-18): Received proof of delivery at closing in trailing docs.<br>Reviewer Comment (XXXX-02-18): Missing proof of delivery to borrower for appraisal with report date of XXXX.<br>Seller Comment (XXXX-02-18): Proof of appraisal delivery was on XXXX; closing date was on XXXX. In addition, there's also an appraisal waiver.<br>Reviewer Comment (XXXX-02-17): No evidence of borrower's receipt of appraisal was provided in file. Borrower waived right to receive appraisal at least 3 business days prior to closing and appraisal was not provided at closing. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A B | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is first time investor & first time homebuyer. Subject is a three unit property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 43.83<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 53.64%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Allowing collection account to remain open (balance of XXXX, opened XXXX). Per LOE, this account was fraudulently opened by a family member, and the borrower is trying to get it resolved on a personal level rather than pressing charges or reporting the fraud. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 43.83<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 53.64%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX | FTHB not permitted per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 43.83<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 53.64%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | The file was missing a copy of the Initial 1003. |  |  |  | Reviewer Comment (XXXX-02-18): Initial 1003 provided.<br>Seller Comment (XXXX-02-16): See attached Initial 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Compliance | Closing Disclosure Missing Issue Date Material | Closing Disclosure with an estimated issue date of XXXX did not disclose an issue date. Unable to conclusively determine Final Closing Disclosure to use for fees due to missing Issue Date. Any applicable Federal, State or Local compliance testing may be unreliable. Closing Disclosure dated XXXX used to source fees for testing. (Initial/XXXX) | One of the Closing Disclosures provided did not disclose the actual Date Issued. Please provide a corrected Closing Disclosure. |  |  |  | Reviewer Comment (XXXX-02-17): Upon further review the exception has been cleared.<br>Seller Comment (XXXX-02-16): Please remove this CD from the package. It is not in XXXXs timeline and was not signed or delivered to the borrower. This is a title CD used for balancing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - XXXX XXXX | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of 2,992.99 on Final Closing Disclosure provided on XXXX are underdisclosed. (Final/XXXX) | Final Closing Disclosure reflects non-escrowed property costs in year 1 of XXXX. Actual annual costs are XXXX. |  |  |  | Reviewer Comment (XXXX-02-16): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (XXXX-02-16): See attached PCCD and Proof of delivery | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | One of the Closing Disclosures provided did not disclose the actual Date Issued. Please provide a corrected Closing Disclosure. |  |  |  | Reviewer Comment (XXXX-02-17): Upon further review the exception has been cleared.<br>Seller Comment (XXXX-02-16): Please remove this CD from the package. It is not in XXXXs timeline and was not signed or delivered to the borrower. This is a title CD used for balancing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Good Faith Redisclosure C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Third-party verification of the existence of business within 120 days prior to the note date was not provided. In addition, the CPA letter references the borrower has owned his business for at least 2 years; however, the letter does not reflect the name of the business. |  |  |  | Reviewer Comment (XXXX-03-18): Business search provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof business operating for at least 2 years | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third-party verification of the existence of business within 120 days prior to the note date was not provided. In addition, the CPA letter references the borrower has owned his business for at least 2 years; however, the letter does not reflect the name of the business. |  |  |  | Reviewer Comment (XXXX-03-18): Business search provided, matches bank statements.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof business operating for at least 2 years | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing third-party verification of the existence of business within 120 days prior to the note date. In addition, the CPA letter references the borrower has owned his business for at least 2 years; however, the letter does not reflect the name of the business. |  |  |  | Reviewer Comment (XXXX-03-18): Business search provided, matches bank statements. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof business operating for at least 2 years | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Third-party verification of the existence of business within 120 days prior to the note date was not provided. In addition, the CPA letter references the borrower has owned his business for at least 2 years; however, the letter does not reflect the name of the business. |  |  |  | Reviewer Comment (XXXX-03-18): Business search provided, matches bank statements. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof business operating for at least 2 years | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Third-party verification of the existence of business within 120 days prior to the note date was not provided. In addition, the CPA letter references the borrower has owned his business for at least 2 years; however, the letter does not reflect the name of the business. |  |  |  | Reviewer Comment (XXXX-03-18): Business search provided, matches bank statements. System cleared.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof business operating for at least 2 years | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance was exceeded for the Appraisal Fee. The fee amount of XXXX exceeds the tolerance of XXXX. XXXX over the legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-17): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 651 is less than Guideline representative FICO score of 660. | Borrower's FICO of 651 is less than the guideline minimum of 660. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 96.04<br> Guideline Requirement: 6.00<br>Loan to Value: 49.94792%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) Additional comp factors added | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The lender exception has been requested for 1x30 late payment on revolving tradeline in XXXX XXXX. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 96.04<br> Guideline Requirement: 6.00<br>Loan to Value: 49.94792%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) Additional comp factors added<br>Reviewer Comment (XXXX-03-10): Provide additional compensating Factors to Waive and downgrade. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property exceeds maximum acreage allowed of XXXX acres. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. | Documentation Type: Asset Depletion<br> Disposable Income: XXXX<br>Actual Reserves: XXXX<br> Required Reserves: XXXX | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Statement, Tax Verification | Mortgage statement, tax verification, and insurance verification missing for XXXX XXXX Dr. |  |  |  | Reviewer Comment (XXXX-02-23): Closing Disclosure, tax verification, and insurance verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Statement, Tax Verification | Mortgage statement, tax verification, and insurance verification missing for XXXX XXXX Dr. |  |  |  | Reviewer Comment (XXXX-02-23): Closing Disclosure, tax verification, and insurance verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX, XXXXXXXX Insurance Verification, Statement, Tax Verification | Mortgage statement, tax verification, and insurance verification missing for XXXX XXXX Dr. |  |  |  | Reviewer Comment (XXXX-02-23): Closing Disclosure, tax verification, and insurance verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Departing residence was being rented to family and rental income was used. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 13.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Lender on appraisal is not the same as the lender on the note. Transfer letter provided. |  |  |  | Reviewer Comment (XXXX-02-19): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-17): (Rate Lock) Lender accepts EV2 please clear | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower had XXXX NSF's in the previous 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 13.98%<br> Borrower's Own Funds Amount: XXXX | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Statement | Insurance Verification and Mortgage Statement for XXXX were not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the Investment properties in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Insurance Verification, Statement | Insurance Verification and Mortgage Statement for XXXX were not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the Investment properties in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Statement | Insurance Verification and Mortgage Statement for XXXX were not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the Investment properties in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Documents to verify PITI for properties on XXXX Dr were not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the Investment properties in trailing docs.<br>Seller Comment (XXXX-03-02): (Rate Lock) ALL UPLOADED NOW | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-27): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 69.55980% exceeds Guideline total debt ratio of 55.00000%. | Borrower owned 33% of 2 commercial properties; however, file did not contain verification of percentage of ownership. Using full payments for properties caused DTI to exceed guideline maximum of 55%. |  |  |  | Reviewer Comment (XXXX-03-04): Received documentation showing borrower's ownership percentage for the investment properties. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Home Improvement | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX, Address: XXXX, XXXXXXXX, Address: XXXX, XXXXXXXX Statement<br> Statement<br> Statement | Missing mortgage statements to verify PITIA for property addresses XXXX, XXXXXXXX, XXXX, XXXXXXXX, XXXX, XXXXXXXX. |  |  |  | Reviewer Comment (XXXX-02-23): CDs and tax and insurance verification documents provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) REOs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  | Spousal Consent not provided. |  |  |  | Reviewer Comment (XXXX-02-19): Spousal consent provided.<br>Seller Comment (XXXX-02-18): (Rate Lock) Please see uploaded spousal waiver. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Property | Appraisal | Appraisal Reconciliation | Appraisal | Missing secondary valuation viaDesk Review, Field Review, or 2nd URAR, as required by client. |  | Secondary Appraisal missing in loan file. |  |  |  | Reviewer Comment (XXXX-03-16): Received CDA in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Statement, Tax Verification | File is missing mortgage statement and tax and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the investment property in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Statement | File is missing mortgage statement and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the investment property in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX Insurance Verification, Statement | File is missing mortgage statement and insurance verification for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the investment property in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing REO documents for 3 properties on the same street as the subject and page 3 of the borrower's business bank account statement for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received CD for the investment property in trailing docs.<br>Seller Comment (XXXX-03-02): (Rate Lock) Uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | Loan file is missing page 3 of the borrower's business bank statement for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received full bank statement in trailing docs.<br>Seller Comment (XXXX-03-02): (Rate Lock) Uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | Loan file is missing page 3 of the borrower's business bank statement for XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): Received full bank statement in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Verification that the withdrawal of funds for the transaction from business account will not have a negative impact on the business and its continued operations was not provided. |  |  |  | Reviewer Comment (XXXX-03-16): Received cash flow analysis in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Verification that the withdrawal of funds for the transaction from business account will not have a negative impact on the business and its continued operations was not provided. |  |  |  | Reviewer Comment (XXXX-03-16): Received cash flow analysis in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  |  |  |  |  | Reviewer Comment (XXXX-03-04): Corrected flood certificate provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | The Note provided did not list the borrower as "XXXX LLC" The guaranty agreement and the security instruments lists the business entity as the business. Please provide Note, Security Instrument, Operating Agreement, Guarantor Agreement, and any other documentation require to complete the transaction as needed for borrower and vesting requirements. |  |  |  | Reviewer Comment (XXXX-03-13): Note, SI, Guarantor Agreement all reflect same entity borrower.<br>Reviewer Comment (XXXX-03-04): Borrower on Security Interest does not match borrower on Note. The business entity members are shown as borrowers on the Note whereas Security Instrument shows business entity as borrower. Note should show business entity as borrower and members as signing on behalf of business entity.<br>Seller Comment (XXXX-03-02): (Rate Lock) CLS Docs resigned | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | No evidence of start date of employment in file. |  |  |  | Reviewer Comment (XXXX-02-09): Received evidence of business duration in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | File is missing Verification of Mortgage (VOM) to verify 12 months' housing history. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves: 63.88<br> Guideline Requirement: 6.00<br>Borrower has been employed in the same industry for more than 5 years. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing 12 months' housing payment history and evidence of start date of employment. |  |  |  | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-23): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing 12 months' housing payment history and evidence of start date of employment. |  |  |  | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-23): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing 12 months' housing payment history and evidence of start date of employment. |  |  |  | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-23): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | COC form did not provide a VCC for the increase in the Credit Report Fee. |  |  |  | Reviewer Comment (XXXX-02-13): XXXX received Letter of Explanation, Payment History and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.73 is less than Guideline PITIA months reserves of 6.00. | Six months reserves are required; however, 4.73 months' reserves were provided in the file. XXXX has been verified. EMD was not sourced. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 713<br>The DSCR of 1.15 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-11): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-10): (Rate Lock) Exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guarantor owns 50% of borrowing entity and operating agreement does not give guarantor signing authority. Please provide corporate resolution. |  |  |  | Reviewer Comment (XXXX-02-10): EIN showing borrower as sole member was provided in trailing docs.<br>Seller Comment (XXXX-02-10): (Rate Lock) EIN showing sole member<br>Reviewer Comment (XXXX-02-05): Guarantor owns 50% of borrowing entity. Documentation required to show guarantor has borrowing authority on behalf of LLC.<br>Seller Comment (XXXX-02-03): (Rate Lock) OA provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Preliminary in file. | Supplemental report shows title policy amount of XXXX, note amount is XXXX. |  |  |  | Reviewer Comment (XXXX-02-05): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-03): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX-02-24): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-02-13): Please provide a lender exception for the missing months. Guidelines require 12 months housing history verification.<br>Seller Comment (XXXX-02-13): (Rate Lock) XXXX and XXXX would not be available as they moved into their new home in XXXX and didn't have a payment due util XXXX<br>Reviewer Comment (XXXX-02-05): Missing VOR for XXXX and XXXX XXXX, and XXXX and XXXX XXXX.<br>Seller Comment (XXXX-02-03): (Rate Lock) XXXX through XXXX statements in file support mtg paid on time for subject/primary as purchased XXXX XXXX | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | The only Closing Disclosure in file is final Closing Disclosure. Please provide any additional Closing Disclosures. |  |  |  | Reviewer Comment (XXXX-02-04): XXXX received initial CD.<br>Seller Comment (XXXX-02-03): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-02-26): XXXX Received Corrected PCCD, LOE and Payment history.<br>Seller Comment (XXXX-02-25): (Rate Lock) PCCD docs provided<br>Reviewer Comment (XXXX-02-25): XXXX received rebuttal, however fee will be under 0% tolerance not 10% tolerance. The inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-23): (Rate Lock) These fees are not 0% tolerance and are still within the 10%<br>Reviewer Comment (XXXX-02-23): XXXX has received the rebuttal comment; however, the fact that the borrower shopped the services or was unaware of the requirement does not constitute a valid COC to re-baseline this exception. If there was an additional reason the fee was added we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure.<br>Seller Comment (XXXX-02-20): (Rate Lock) We were not are until the ICD the borrower's shopped. The LE was accurate because at the time they could not shop and the ICD determined they did shop. Regardless these are no 0% fees and the ILE tolerance is XXXX in which the addition of these fees is within tolerance.<br>Reviewer Comment (XXXX-02-11): XXXX received rebuttal. However, the inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the Title- Recording Service fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-10): (Rate Lock) We are not made aware until the ICD if the borrower shops for fees.<br>Reviewer Comment (XXXX-02-04): XXXX received initial CD.The inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the Title - Recording fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-03): (Rate Lock) Borrower shopped for fees, no cure needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-02-26): XXXX Received Corrected PCCD, LOE and Payment history.<br>Seller Comment (XXXX-02-25): (Rate Lock) PCCD docs provided<br>Reviewer Comment (XXXX-02-25): XXXX received rebuttal, however fee will be under 0% tolerance not 10% tolerance. The inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-23): (Rate Lock) These fees are not 0% tolerance and are still within the 10%<br>Reviewer Comment (XXXX-02-23): XXXX has received the rebuttal comment; however, the fact that the borrower shopped the services or was unaware of the requirement does not constitute a valid COC to re-baseline this exception. If there was an additional reason the fee was added we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure.<br>Seller Comment (XXXX-02-20): (Rate Lock) We were not are until the ICD the borrower's shopped. The LE was accurate because at the time they could not shop and the ICD determined they did shop. Regardless these are no 0% fees and the ILE tolerance is XXXX in which the addition of these fees is within tolerance.<br>Reviewer Comment (XXXX-02-11): XXXX received rebuttal. However, the inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the Title - Endorsement fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-10): (Rate Lock) We are not made aware until the ICD if the borrower shops for fees.<br>Reviewer Comment (XXXX-02-04): XXXX received initial CD. The inclusion of a fee within Section C of the most recent LE provided to the consumer carries the primary basis for consideration of whether the consumer was permitted to shop. As the Title - Endorsement fee was included in section B of the most recent LE, the consumer was not allowed to shop and a cure is required. Provide Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Seller Comment (XXXX-02-03): (Rate Lock) Borrower shopped for fees, no cure needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | File is missing Verification of Rent (VOR) and Verification of Mortgage (VOM) to verify 12 months' housing history. There are gaps in the statements provided. Missing XXXX and XXXX XXXX, and XXXX to XXXX XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least XXXX. | Reserves: 36.03<br> Guideline Requirement: 6.00<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-23): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-02-13): Please provide a lender exception for the missing months. Guidelines require 12 months housing history verification.<br>Seller Comment (XXXX-02-13): (Rate Lock) XXXX and XXXX would not be available as they moved into their new home in XXXX and didn't have a payment due util XXXX<br>Reviewer Comment (XXXX-02-05): Missing VOR for XXXX and XXXX XXXX, and XXXX and XXXX XXXX.<br>Seller Comment (XXXX-02-03): (Rate Lock) XXXX through XXXX statements in file support mtg paid on time for subject/primary as purchased XXXX XXXX | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX-02-24): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-02-13): Please provide a lender exception for the missing months. Guidelines require 12 months housing history verification.<br>Seller Comment (XXXX-02-13): (Rate Lock) XXXX and XXXX would not be available as they moved into their new home in XXXX and didn't have a payment due util XXXX<br>Reviewer Comment (XXXX-02-11): Provided VOR for XXXX XXXX, missing VOR for XXXX XXXX, and XXXX and XXXX XXXX.<br>Reviewer Comment (XXXX-02-05): Missing VOR for XXXX and XXXX XXXX, and XXXX and XXXX XXXX.<br>Seller Comment (XXXX-02-03): (Rate Lock) XXXX through XXXX statements in file support mtg paid on time for subject/primary as purchased XXXX XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing 12 months' housing history. |  |  |  | Reviewer Comment (XXXX-02-24): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-02-13): Please provide a lender exception for the missing months. Guidelines require 12 months housing history verification.<br>Seller Comment (XXXX-02-13): (Rate Lock) XXXX and XXXX would not be available as they moved into their new home in XXXX and didn't have a payment due util XXXX<br>Reviewer Comment (XXXX-02-05): Missing VOR for XXXX and XXXX XXXX, and XXXX and XXXX XXXX.<br>Seller Comment (XXXX-02-03): (Rate Lock) XXXX through XXXX statements in file support mtg paid on time for subject/primary as purchased XXXX XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence of borrower's receipt of appraisal. |  |  |  | Reviewer Comment (XXXX-02-05): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-03): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-03-04): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-04): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-01): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Loan file does not contain a 12 month housing history for the borrower. Without a 12 month housing history, the max DTI would be 43%. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Loan to Value: 63.88489%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 776<br>Borrower has good credit history with no mortgage lates | XXXX | Reviewer Comment (XXXX-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-09): (Rate Lock) exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing documentation to verify the PITI and rental income for XXXX property. |  |  |  | Reviewer Comment (XXXX-02-25): PITIA verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX XXXX XXXX, XXXXXXXX Form 1007 or 1025, with Market Rents, Insurance Verification, Statement, Tax Verification | File is missing documentation to verify the PITI and rental income for XXXX property. |  |  |  | Reviewer Comment (XXXX-02-25): PITIA provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Approved lender exception for XXXX NSF XXXX XXXX OD's in 12 months period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 17.15<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-19): (Rate Lock) Please downgrade and waive | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | File did not contain verification of borrower's receipt of the appraisal dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-20): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-19): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | File did not contain verification of borrower's receipt of the appraisal dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-20): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-19): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Collections / Balance: XXXX | Guidelines require a Letter of Explanation (LOE) to be provided for any disputed tradelines with derogatory information reported in the last two years. Thos was not provided. |  |  |  | Reviewer Comment (XXXX-02-10): Expired under the statute of limitations<br>Seller Comment (XXXX-02-09): (Rate Lock) Please see uploaded documentation regarding XXXX's statute of limitations on charge-off/collections; per XXXX DSCR guidelines, the account is acceptable to close as-is. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Charge-offs / Balance: XXXX | Guidelines require collections and charge-offs > 24 months old and > XXXX per occurrence to be paid off. |  |  |  | Reviewer Comment (XXXX-02-10): Expired under the Statute of limitations<br>Seller Comment (XXXX-02-09): (Rate Lock) Please see uploaded documentation regarding XXXX's statute of limitations on charge-off/collections; per XXXX DSCR guidelines, the account is acceptable to close as-is. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | EAD Ineligible for Non-QM - Pending XXXX since XXXX. Eligible for agency only. | Borrower has verified disposable income of at least XXXX.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Disposable Income: XXXX<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-13): (Rate Lock) This has already been approved. exception id XXXX | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower had XXXX NSF's in the last 12 months. Guideline allow for a max of 5. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 97.04<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Operating Agreement | Loan file is missing an Operating agreement for XXXX Inc to verify borrower's ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-05): CPA letter provided.<br>Seller Comment (XXXX-02-03): (Rate Lock) CPA to show ownership provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing an Operating agreement for XXXX Inc to verify borrower's ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-05): CPA letter provided.<br>Seller Comment (XXXX-02-03): (Rate Lock) CPA to show ownership provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | HUD not fully executed. |  |  |  | Reviewer Comment (XXXX-02-23): Fully executed HUD provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) Final signed SS provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Operating agreement for the business entity shows that members have to get a unanimous vote to take on debts for the company. Please provide a corporate resolution showing that the guarantor is allowed to take on this debt. |  |  |  | Reviewer Comment (XXXX-02-17): Both owners signed the DOT, cleared.<br>Seller Comment (XXXX-02-13): (Rate Lock) Both owners signed the DOT, therefore is aware the borrower is acting on behalf of the LLC<br>Reviewer Comment (XXXX-02-05): Guarantor owns 50% of borrowing entity. Documentation required to show guarantor has borrowing authority on behalf of LLC.<br>Seller Comment (XXXX-02-03): (Rate Lock) Signed OA showing both people own 50% and both signed the DOT therefore this is acceptable and nothing else should be needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Project is a condotel with timeshares as confirmed by condo quiestionnaire. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 14.60<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 84.47%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 64.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 64.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>DTI: 34.97798% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 776 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-02-19): (Rate Lock) Exception was approved for this | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower has been on current job less than 2 years, and prior employment history was not documented as required. | Borrower: XXXX XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX | For borrowers that are re-entering the workforce after an extended absence (of 6 months or more), documentation is required to support a stable employment history preceding the absence, must be employed for at least 6 months when returning from an extended absence (defined as 6 months) and must document (VOEs or W2s) a 2-year work history prior to an absence. A 2-year work history prior to absence was not documented for borrower. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 14.60<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 84.47%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 64.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 64.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>DTI: 34.97798% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 776 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. Borrower has sufficient employment history.<br>Seller Comment (XXXX-03-16): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-03): A 2-year history prior to gap is required by guidelines. Work history prior to gap (XXXX) was XXXX.<br>Seller Comment (XXXX-02-27): (Rate Lock) XXXX shos 2 years<br>Reviewer Comment (XXXX-02-26): Prior employment documented in file is XXXX. Please provide a complete two-year employment history.<br>Seller Comment (XXXX-02-24): (Rate Lock) The borrower experienced a voluntary employment gap of 12 months. A complete two-year employment history prior to this gap has now been documented in the file, supported by corresponding worknumber attached<br>The borrower has resumed full-time employment within the same industry and has been employed for over six months as of the note date. Current employment has been verified and demonstrates stable, ongoing income.<br>Additionally, commission and RSU income were not considered in the qualification process. Qualification was based solely on stable base income. The co-borrower's income is stable and shows an upward trend, further strengthening the overall income profile.<br>Based on the documented prior employment history, confirmed re-employment in the same field, and verified stability at closing, income stability is adequately supported and aligns with guideline | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | For borrowers that are re-entering the workforce after an extended absence (of 6 months or more), documentation is required to support a stable employment history preceding the absence, must be employed for at least 6 months when returning from an extended absence (defined as 6 months) and must document (VOEs or W2s) a 2-year work history prior to an absence. A 2-year work history prior to absence was not documented for borrower. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 14.60<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 84.47%<br> Borrower's Own Funds Amount: XXXX<br>Combined Loan to Value: 64.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 64.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>DTI: 34.97798% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 776 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-16): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-03): A 2-year history prior to gap is required by guidelines. Work history prior to gap (XXXX) was XXXX.<br>Seller Comment (XXXX-02-27): (Rate Lock) XXXX shos 2 years<br>Reviewer Comment (XXXX-02-26): Prior employment documented in file is XXXX. Please provide a complete two-year employment history.<br>Seller Comment (XXXX-02-24): (Rate Lock) The borrower experienced a voluntary employment gap of 12 months. A complete two-year employment history prior to this gap has now been documented in the file, supported by corresponding worknumber attached<br>The borrower has resumed full-time employment within the same industry and has been employed for over six months as of the note date. Current employment has been verified and demonstrates stable, ongoing income.<br>Additionally, commission and RSU income were not considered in the qualification process. Qualification was based solely on stable base income. The co-borrower's income is stable and shows an upward trend, further strengthening the overall income profile.<br>Based on the documented prior employment history, confirmed re-employment in the same field, and verified stability at closing, income stability is adequately supported and aligns with guideline | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A | Non QM | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy was not effective at the time of disbursement, effective date XXXX, and disbursement date XXXX. |  |  |  | Reviewer Comment (XXXX-02-23): Prior hazard insurance policy provided.<br>Seller Comment (XXXX-02-19): (Rate Lock) existing policy provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Note document was not found in file. |  |  |  | Reviewer Comment (XXXX-03-02): Subject note provided. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower had XXXX overdrafts in the last 12 months. | Borrower has verified disposable income of at least XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Max LTV on cash out refinance is 75% | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Max LTV on cash out refinance is 75% | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LLC resolution was not signed by both members. Operating agreement does not necessarily grant authority to members to act alone. |  |  |  | Reviewer Comment (XXXX-03-05): Addendum to Operating Agreement provided.<br>Seller Comment (XXXX-03-04): (Rate Lock) The operating agreement (which is signed by both members) states "XXXX XXXX is hereby expressly authorized acting alone, to execute documents, bind the company, and secure financing on behalf of XXXX LLC. This authority specifically includes, without limitation, loan number XXXX with XXXX / XXXX". This clearly states everyone is aware and he is able to act on behalf of the company.<br>Reviewer Comment (XXXX-03-03): Letter of explanation provided does not specify that borrower is allowed to incur debt on behalf of the company.<br>Seller Comment (XXXX-02-27): (Rate Lock) LOE provided<br>Reviewer Comment (XXXX-02-23): Operating agreement shows guarantor is 50% owner. LLC Resolution was not signed by both members to give authority to one member to bind the company. Certificate of Signature provided does not show resolution by members.<br>Seller Comment (XXXX-02-19): (Rate Lock) Cert of signature showed when they dated, and is sufficient to confirm the borrower is sole owner<br>Reviewer Comment (XXXX-02-19): The Addendum to the Operating Agreement of XXXX is missing a date.<br>Seller Comment (XXXX-02-17): (Rate Lock) docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Subject property is in rent to borrower's XXXX and XXXX-in-law for over 10 years. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Guidelines Representative FICO: 660<br> Representative FICO: 747<br>Reserves: 74.74<br> Guideline Requirement: 6.00<br>Loan to Value: 13.35241%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-03-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | P&L program without 3 months bank statements per guidelines. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Guidelines Representative FICO: 700<br> Representative FICO: 767<br>0x 30 mortgage history. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-23): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Three months bank statements required by guidelines were not provided. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Guidelines Representative FICO: 700<br> Representative FICO: 767<br>0x 30 mortgage history. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | Three months bank statements required by guidelines were not provided. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Guidelines Representative FICO: 700<br> Representative FICO: 767<br>0x 30 mortgage history. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Account Statements - Business | Three months bank statements required by guidelines were not provided. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Guidelines Representative FICO: 700<br> Representative FICO: 767<br>0x 30 mortgage history. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date XXXX; Disbursement Date: XXXX; Note Date: XXXX; Transaction Date: XXXX | Hazard Insurance policy coverage date is after the Note date. |  |  |  | Reviewer Comment (XXXX-03-18): HOI policy effective date is same as disbursement date.<br>Seller Comment (XXXX-03-16): (Rate Lock) Final SS shows loan disbursed XXXX when HOI is effective | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.91 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of XXXX gift on an investment property (35% of down payment) | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 177.47<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 15.92%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 31.55058% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 721 | XXXX | Reviewer Comment (XXXX-02-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Tax Liens / Balance: XXXX, Credit Report: Original // Public Record Type: Tax Liens / Balance: XXXX, Credit Report: Original // Public Record Type: Tax Liens / Balance: XXXX | All open judgments, garnishments, and all outstanding liens must be paid off prior to or at loan closing. |  |  |  | Reviewer Comment (XXXX-03-02): Proof of tax lien release provided in trailing docs.<br>Seller Comment (XXXX-02-27): (Rate Lock) All tax liens mentioned are released in the background report, please see PDF page 17 (release of XXXX lien), PDF page 17 (release of XXXX lien), and PDF page 18 (release of XXXX lien, filing number XXXX). Background report is uploaded. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC Corporate Resolution was not provided in file. |  |  |  | Reviewer Comment (XXXX-03-09): Received entity certificate in trailing docs.<br>Seller Comment (XXXX-03-05): (Rate Lock) Please see uploaded entity certificate. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | The only CD in the file is the final CD. Please provide any additional CDs. |  |  |  | Reviewer Comment (XXXX-02-17): XXXX received CD dated XXXX<br>Seller Comment (XXXX-02-17): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points increased from XXXX to XXXX, an increase of XXXX, without a valid changed circumstance documented in file. No cure was provided. |  |  |  | Reviewer Comment (XXXX-02-17): XXXX received CD dated XXXX and COC<br>Seller Comment (XXXX-02-17): (Rate Lock) ICD provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) XXXX Subprime Loan (Subprime Legend Not on Mortgage) | XXXX Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  |  | Reviewer Comment (XXXX-02-10): Revised Security instrument provided.<br>Seller Comment (XXXX-02-06): See trailing docs for mortgage<br>Seller Comment (XXXX-02-06): See attached Mortage deed of trust | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Non-Compliant | XXXX Subprime Loan: APR on subject loan of 8.99189% or Final Disclosure APR of 8.98400% is in excess of allowable threshold of Prime Mortgage Market Rate 6.26000 + 1.75%, or 8.01000%. Non-Compliant SubPrime Loan. |  |  |  |  | Reviewer Comment (XXXX-02-12): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-10): Please waive EV 2 and close out.<br>Reviewer Comment (XXXX-02-10): XXXX Subprime Loan: APR on subject loan of 8.99189% or Final Disclosure APR of 8.98400% is in excess of allowable threshold of Prime Mortgage Market Rate 6.26000 + 1.75%, or 8.01000%. Non-Compliant Subprime Loan.<br>Seller Comment (XXXX-02-06): See trailing docs | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | No obvious cure. Cure provision under XXXX 6-m(7) appears to be limited to making a non-compliant XXXX loan into a compliant XXXX loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of XXXX status. B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). (Final/XXXX) | Amount financed disclosed is XXXX. Calculated amount financed is XXXX. There is a variance of XXXX. |  |  |  | Reviewer Comment (XXXX-02-16): XXXX received lender information confirming appraisal rush was borrower chosen service.<br>Seller Comment (XXXX-02-13): See attached from the lender - Borrower requested Rush on the appraisal<br>Reviewer Comment (XXXX-02-13): XXXX received rebuttal on services of the tax review fee, which is a search related fee per certification and would not be a life of loan tax cert fee. Finance Charges recalculated and is now XXXX underdisclosed which as noted would be related to the Appraisal Rush fee. An appraisal rush fee can be a fee for services performed to rush the appraisal and can be viewed as a processing/service type fee and not a fee for the inspection to assess the value or condition of the property and would not be excludable under 4(c)7 regulations. The exclusion under 4(c)(7) covers Property appraisal fees or fees for inspections to assess the value or condition of the property. The fee to rush the appraisal is not a 4(c)(7) fee. However, if the seller can provide evidence or documentation the rush appraisal was requested by the borrower and was not imposed directly or indirectly by the creditor as an incident to or a condition of the extension of credit, we can consider exclusion from finance charge.<br>Seller Comment (XXXX-02-12): See attached Lender rebuttal and appraisal invoice<br>Reviewer Comment (XXXX-02-09): Total underdisclosure was XXXX. The lender's compliance report reflects the XXXX Appraisal rush fee & the XXXX title-tax review fee were the fees not included. Only the title-tax review fee could be excluded per 4c7 regulation if it was not a life of loan fee and was one time at closing. The appraisal rush fee however would still be included even if a one time fee as it is a fee related to the extension of credit and can not be excluded . Cure will depend on the status of the title-Tax Review fee attestation if applicable and if determined it was a one time fee, then only the rush fee of XXXX would caused the underdisclosure. Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing will be required dependent on the final underdisclosure calculation.<br>Seller Comment (XXXX-02-06): What would be required to cure? Refund and proof the Life of loan is a onetime charge? Please advise.<br>Reviewer Comment (XXXX-02-06): The Appraisal Rush fee and the Title - Tax certificate is tested as a finance charge. Upfront one-time determination Tax Cert is excluded, however life of loan tax service is included as a finance charge. Please provide invoice or other documentary evidence to determine which portion is for upfront determination and which portion is for life of loan tax service as applicable.<br>Seller Comment (XXXX-02-05)XXXXn you advise which fee or fees in particular are in dispute ? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). (Final/XXXX) | Finance charge disclosed is XXXX. Calculated finance charge is XXXX. there is a variance of - XXXX. |  |  |  | Reviewer Comment (XXXX-02-16): XXXX received lender information confirming appraisal rush was borrower chosen service.<br>Seller Comment (XXXX-02-13): See attached lender attestation.<br>Reviewer Comment (XXXX-02-13): XXXX received rebuttal on services of the tax review fee, which is a search related fee per certification and would not be a life of loan tax cert fee. Finance Charges recalculated and is now XXXX underdisclosed which as noted would be related to the Appraisal Rush fee. An appraisal rush fee can be a fee for services performed to rush the appraisal and can be viewed as a processing/service type fee and not a fee for the inspection to assess the value or condition of the property and would not be excludable under 4(c)7 regulations. The exclusion under 4(c)(7) covers Property appraisal fees or fees for inspections to assess the value or condition of the property. The fee to rush the appraisal is not a 4(c)(7) fee. However, if the seller can provide evidence or documentation the rush appraisal was requested by the borrower and was not imposed directly or indirectly by the creditor as an incident to or a condition of the extension of credit, we can consider exclusion from finance charge.<br>Seller Comment (XXXX-02-12): See attached Lender rebuttal and appraisal invoice<br>Reviewer Comment (XXXX-02-09): Total underdisclosure was XXXX. The lender's compliance report reflects the XXXX Appraisal rush fee & the XXXX title-tax review fee were the fees not included. Only the title-tax review fee could be excluded per 4c7 regulation if it was not a life of loan fee and was one time at closing. The appraisal rush fee however would still be included even if a one time fee as it is a fee related to the extension of credit and can not be excluded . Cure will depend on the status of the title-Tax Review fee attestation if applicable and if determined it was a one time fee, then only the rush fee of XXXX would caused the underdisclosure. Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing will be required dependent on the final underdisclosure calculation.<br>Seller Comment (XXXX-02-06): What would be required to cure? Refund and proof the Life of loan is a onetime charge? Please advise.<br>Reviewer Comment (XXXX-02-06): The Appraisal Rush fee and the Title - Tax certificate is tested as a finance charge. Upfront one-time determination Tax Cert is excluded, however life of loan tax service is included as a finance charge. Please provide invoice or other documentary evidence to determine which portion is for upfront determination and which portion is for life of loan tax service as applicable.<br>Seller Comment (XXXX-02-05)XXXXn you advise which fee or fees in particular are in dispute? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-03): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State HPML | XXXX Subprime Home Loan Threshold Fixed Compliant | XXXX Subprime Loan: APR on subject loan of 8.98129% or Final Disclosure APR of 8.98400% is in excess of allowable threshold of Prime Mortgage Market Rate 6.26000 + 1.75%, or 8.01000%. Compliant SubPrime Loan. | Appraisal rush fee was offset from the finance charges as it was a borrower requested service. APR on subject loan of 8.98129% or Final Disclosure APR of 8.98400% is in excess of allowable threshold of Prime Mortgage Market Rate 6.26000 + 1.75%, or 8.01000%. |  |  |  | Reviewer Comment (XXXX-02-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-16): Please waive EV 2 and complete loan | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | No obvious cure. Cure provision under XXXX 6-m(7) appears to be limited to making a non-compliant XXXX loan into a compliant XXXX loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of XXXX status. B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Reserve allocation is less than 5%. Reserves would meet the 5% minimum required for NQM non warrantable if guidelines allowed to consider the reserves being allocated by way of a special assessment. Guidelines do not allow. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 12.83<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 757 | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Condo is non warrantable. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 12.83<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 757 | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security Instrument document is missing in file. |  |  |  | Reviewer Comment (XXXX-02-10): Security Instrument provided. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Purchase | D A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.77 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Reserves: 11.02<br> Guideline Requirement: 6.00<br>Borrower's Experience/Track Record. Currently holds 4 Properties. | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Refinance purpose discrepancy. | Loan refinance purpose of Rate/Term does not match Guideline loan refinance purpose of Cash-out - Other. | 1008 and Approval reflect the subject as Cash out, yet all liens paid off were for the subject and over 12 months old. Borrower brought funds to closing. |  |  |  | Reviewer Comment (XXXX-03-03): Received documentation for additional lien paid off.<br>Seller Comment (XXXX-02-27): (Rate Lock) HELOC was not a purchase money second | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | Secondary valuation was not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received secondary appraisal in trailing docs. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Executed final HUD/Closing Disclosure was not found in file. |  |  |  | Reviewer Comment (XXXX-03-04): Received HUD document in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Hazard insurance reflects the subject city as XXXX, which does not match the city on the Note of XXXX. |  |  |  | Reviewer Comment (XXXX-03-25): Updated hazard insurance policy provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Valuation reflects the subject city as XXXX, which does not match the city on the Note of XXXX. |  |  |  | Reviewer Comment (XXXX-03-25): Updated appraisal reflecting city matching note provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines do not allow 2-4-unit properties with an accessory unit. The subject has a full bathroom, living space, and kitchen in the attic. Zoning is indicated as Two Family; however, per page 8 of 37, the appraiser notes the subject is legally permissible and complies with local zoning. This may require an appraisal exception as 2-4 units are not permitted to have accessory dwelling units; however, the attic does not have a permanent heat source. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 752 | XXXX | Reviewer Comment (XXXX-02-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraiser notes the attic does not have a permanent heat source; therefore, it is not usable space. Ineligible per guidelines. Typically, the attic would be considered an accessory dwelling unit; however, the lack of a permanent heat source appears to disqualify it from being officially counted as an accessory dwelling unit, so it is counted as finished storage space. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 249.28<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. |  |  |  |  | Reviewer Comment (XXXX-02-26): Appraisal transfer letter received.<br>Seller Comment (XXXX-02-24): Please clear | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (75208) | Verification Fee was last disclosed as XXXX on LE but disclosed as XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  |  |  | Reviewer Comment (XXXX-02-26): Valid change of circumstance provided in trailing docs.<br>Seller Comment (XXXX-02-25): See attached VCOC | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | 1003 Initial signed and dated by borrower or loan originator was not found in file. |  |  |  | Reviewer Comment (XXXX-03-25): Received signed 1003 application in trailing docs.<br>Seller Comment (XXXX-03-22): attached | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Prepaid Interest From Date from HUD-1 or final closing disclosure of XXXX used as disbursement date for compliance testing. | Disbursement date was not provided. |  |  |  | Reviewer Comment (XXXX-03-30): Disbursement Summary provided.<br>Seller Comment (XXXX-03-27): withdraw request to accept finding, attached proof of disbursement<br>Seller Comment (XXXX-03-27): Seller requests buyer review: Lender accepts<br>Reviewer Comment (XXXX-03-25): Document provided does not disclose the disbursement date.<br>Seller Comment (XXXX-03-24): attached | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Account Statements | LOE in file indicates that the investment property is paid by the borrower's business. Guidelines indicate that if a property is paid by a business, 6 months proof of payment is required to exclude the payment. File is missing the business proof of payments. |  |  |  | Reviewer Comment (XXXX-03-04): Received proof borrower is not on the mortgage.<br>Seller Comment (XXXX-03-02): (Rate Lock) MTG is in husbands name - see attached docs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Other | File is missing the note from the borrower's primary residence to verify that the borrower's spouse is the only one on the mortgage and evidence they are not on the deed. If they are on the deed, then provide hazard and tax information. |  |  |  | Reviewer Comment (XXXX-03-04): Received proof borrower is not on the mortgage. Borrower is on the Deed. Tax and Insurance information provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 11.70<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a rural property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 11.70<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship Source Documentation was not provided | Borrower: XXXX XXXX | Permanent resident card is missing |  |  |  | Reviewer Comment (XXXX-02-23): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-19): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | Borrower: XXXX XXXX | Permanent resident alien card is missing |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of Green card renewal in trailing docs.<br>Reviewer Comment (XXXX-02-25): Please provide documentation from issuing authority to evidence borrower filed for card renewal. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  |  |  |  |  | Reviewer Comment (XXXX-03-09): Received confirmation that policy is a Guaranteed replacement coverage.<br>Reviewer Comment (XXXX-02-25): Hazard insurance coverage shortfall is XXXX. Please provide updated coverage sufficient to cover the loan amount or replacement cost estimator (RCE).<br>Seller Comment (XXXX-02-23): (Rate Lock) Reflects 100% RCV | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Permanent resident alien card is missing. |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of Green card renewal in trailing docs.<br>Reviewer Comment (XXXX-02-25): Please provide documentation from issuing authority to evidence borrower filed for card renewal. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is C09 EAD. This is ineligible per the NonQM immigration eligibility tool. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 27.89<br> Guideline Requirement: 6.00<br>DTI: 34.92585% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 743 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. | Required H-8 Form for diffrent Lender. |  |  |  | Reviewer Comment (XXXX-02-23): Received Letter of Explanation, Proof of Delivery, and correct RTC form with rescission reopened in trailing docs.<br>Reviewer Comment (XXXX-02-19): The Form provided is not signed and dated. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | CPA letter was from a CPA who did not prepare the borrower's tax returns. | Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Reserves: 11.88<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 55.67766%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 55.67766%<br> Guideline Maximum Loan to Value: 80.00000% | XXXX | Reviewer Comment (XXXX-02-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for MERS Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-02): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.92 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.84 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (XXXX-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-26): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-18): All the assets listed in Section 2 - 2a of the final 1003, plus XXXX, and the POC of XXXX. Funds required to close are XXXXs, XXXX, XXXXCTC. Reserves at 5.92mo vs 6.0 required.<br>Seller Comment (XXXX-03-16): (Rate Lock) Please advise the breakdown of reserves | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to insufficient assets provided in file. Less than 100% ownership requires Operating agreement or equivalent to document ownership percentage in business. The ending credit card account numbers on the invoices for POCs are not showing on the credit report. Required to confirm borrower paid invoices from own account. |  |  |  | Reviewer Comment (XXXX-03-26): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-26): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-18): All the assets listed in Section 2 - 2a of the final 1003, plus XXXX, and the POC of XXXX. Funds required to close are XXXXs, XXXX, XXXXCTC. Reserves at 5.92mo vs 6.0 required. 100% business assets included.<br>Seller Comment (XXXX-03-16): (Rate Lock) Verification borrower is minimum 25% owner of business <br> o Operating agreement, Articles of Incorporation, or equivalent stating ownership percentage | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to insufficient assets provided in file. Less than 100% ownership requires Operating agreement or equivalent to document ownership percentage in business. The ending credit card account numbers on the invoices for POCs are not showing on the credit report. Required to confirm borrower paid invoices from own account. |  |  |  | Reviewer Comment (XXXX-03-26): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-26): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-18): All the assets listed in Section 2 - 2a of the final 1003, plus XXXX, and the POC of XXXX. Funds required to close are XXXXs, XXXX, XXXXCTC. Reserves at 5.92mo vs 6.0 required. 100% business assets included.<br>Seller Comment (XXXX-03-16): (Rate Lock) Verification borrower is minimum 25% owner of business <br> o Operating agreement, Articles of Incorporation, or equivalent stating ownership percentage | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower has 8 Overdrafts from business account in last 12 months, guides allow for 5. | Borrower has verified disposable income of at least XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years. | Borrower has verified disposable income of at least XXXX.<br>Guidelines Representative FICO: 700<br> Representative FICO: 790<br>DTI: 18.34116% <br> Guideline Maximum DTI: 45.00000%<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to insufficient assets provided in file. Less than 100% ownership requires Operating agreement or equivalent to document ownership percentage in business. The ending credit card account numbers on the invoices for POCs are not showing on the credit report. Required to confirm borrower paid invoices from own account. |  |  |  | Reviewer Comment (XXXX-03-26): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-26): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-18): All the assets listed in Section 2 - 2a of the final 1003, plus XXXX, and the POC of XXXX. Funds required to close are XXXXs, XXXX, XXXXCTC. Reserves at 5.92mo vs 6.0 required. 100% business assets included.<br>Seller Comment (XXXX-03-16): (Rate Lock) Verification borrower is minimum 25% owner of business <br> o Operating agreement, Articles of Incorporation, or equivalent stating ownership percentage | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Insufficient assets provided to cover 6 months reserves. Less than 100% ownership requires Operating agreement or equivalent to document ownership percentage in business. The ending credit card account numbers on the invoices for POCs are not showing on the credit report. Required to confirm borrower paid invoices from own account. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 18.34116% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 790 | XXXX | Reviewer Comment (XXXX-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-26): (Rate Lock) Exception provided<br>Reviewer Comment (XXXX-03-18): All the assets listed in Section 2 - 2a of the final 1003, plus XXXX, and the POC of XXXX. Funds required to close are XXXXs, XXXX, XXXXCTC. Reserves at 5.92mo vs 6.0 required. 100% business assets included.<br>Seller Comment (XXXX-03-16): (Rate Lock) Verification borrower is minimum 25% owner of business <br> o Operating agreement, Articles of Incorporation, or equivalent stating ownership percentage | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Less than 100% ownership requires Operating agreement or equivalent to document ownership percentage in business. Access letters will be required from all members. |  |  |  | Reviewer Comment (XXXX-03-18): CPA letter provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Verification borrower is minimum 25% owner of business <br> o Operating agreement, Articles of Incorporation, or equivalent stating ownership percentage | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | LTV of 75% is greater than the guideline maximum of 65% for a DSCR less than 1.00 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | LTV of 75% is greater than the guideline maximum of 65% for a DSCR less than 1.00 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | DSCR is less than 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Lender Exception with Compensating Factors. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Credit report dated XXXX and application date is XXXX. Requesting to use current credit report that does not expire until XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 19.95<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX | Exception request to allow first time home buyer, borrower currently rents in XXXX. Subject property is in XXXX. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 780 | XXXX | Reviewer Comment (XXXX-02-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Incomplete 12 months primary housing history in file. Current residence rental verified for 6 months. Previous rental for the remaining 6 months was a sublet apartment paid in cash. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 780<br>Low credit utilization, No lates, No derogatory. | XXXX | Reviewer Comment (XXXX-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-06): Additional compensating factors required for multiple exceptions.<br>Seller Comment (XXXX-03-05): (Rate Lock) CF added<br>Reviewer Comment (XXXX-02-20): Additional compensating factors requires for multiple exceptions. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to DTI exceeding the maximum of 43% for a borrower who is living rent-free. |  |  |  | Reviewer Comment (XXXX-03-06): Loan is NonQM | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.00085% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | DTI exceeds the maximum of 43% for a borrower who is living rent-free. | Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 788 | XXXX | Reviewer Comment (XXXX-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-04): cleared in error.<br>Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.00085% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds the maximum of 43% for a borrower who is living rent-free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 788 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | DTI exceeds the maximum of 43% for a borrower who is living rent-free. |  |  |  | Reviewer Comment (XXXX-03-04): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 88.18410% exceeds Guideline loan to value percentage of 80.00000%. | LTV exceeds the guideline maximum of 80% for a borrower who is living rent-free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 788 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 88.18410% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV exceeds the guideline maximum of 80% for a borrower who is living rent-free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 788 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: Manuel Diaz // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Other / Document Date: / Tax Year: | Verification of the date the CPA credentials were pulled required. Unable to determine if the search is post close. |  |  |  | Reviewer Comment (XXXX-03-04): Received verification of date CPA license was pulled.<br>Seller Comment (XXXX-03-02): (Rate Lock) Verified XXXX please see attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. |  |  |  | Reviewer Comment (XXXX-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-23): (Rate Lock) Lender accepts Ev2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-19): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 75% exceeds guideline max of 70% for a cash-out on a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 15.60<br> Guideline Requirement: 6.00<br>DTI: 33.69084% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 75% exceeds guideline max of 70% for a cash-out on a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 15.60<br> Guideline Requirement: 6.00<br>DTI: 33.69084% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Home Improvement | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Maximum LTV for short term rentals is 70% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.14 is greater than the minimum required DSCR of 1 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Maximum LTV for short term rentals is 70% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.14 is greater than the minimum required DSCR of 1 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 697 is less than Guideline representative FICO score of 700. | Minimum FICO for short term rentals is 700. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.14 is greater than the minimum required DSCR of 1 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was not provided. |  |  |  | Reviewer Comment (XXXX-02-11): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-11): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to insufficient assets. |  |  |  | Reviewer Comment (XXXX-02-16): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX-02-16): Loan designation discrepancy due to borrower not having 5% borrower own funds as required by the guidelines.<br>Reviewer Comment (XXXX-02-13): Reserves verified is 3.10 months. Additional assets is required to satisfy the reserves requirements. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to insufficient assets. |  |  |  | Reviewer Comment (XXXX-02-16): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX-02-16): Waterfall exception due to borrower not having 5% borrower own funds as required by the guidelines. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Documented assets of XXXX is less than Cash From Borrower XXXX. Source of gift funds was not provided. |  |  |  | Reviewer Comment (XXXX-02-13): Received source of funds for Gift in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Insufficient funds to close verified. Reserves requirement of 6 months not met. Missing evidence of gift funds deposit. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-13): Reserves verified is 3.10 months. Additional assets is required to satisfy the reserves requirements. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.10 is less than Guideline PITIA months reserves of 6.00. | Reserves requirement of 6 months not met. Loan file is missing asset documentation to verify cash to close and reserves. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-16): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-13): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception ExplanationXXXXlculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.<br>Reviewer Comment (XXXX-02-13): Reserves verified is 3.10 months. Additional assets is required to satisfy the reserves requirements. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX NSFs in 12 months (LOE provided) | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Guidelines Representative FICO: 700<br> Representative FICO: 808 | XXXX | Reviewer Comment (XXXX-02-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to insufficient assets. |  |  |  | Reviewer Comment (XXXX-02-16): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX-02-16): Waterfall exception due to borrower not having 5% borrower own funds as required by the guidelines.<br>Reviewer Comment (XXXX-02-13): Reserves verified is 3.10 months. Additional assets is required to satisfy the reserves requirements. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | NSF and /or overdrafts on XXXX AC # XXXX statement on XXXX | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 111.52<br> Guideline Requirement: 6.00<br>Combined Loan to Value: 70.00000%<br> Guideline Maximum Combined Loan to Value: 80.00000%<br>Loan to Value: 70.00000%<br> Guideline Maximum Loan to Value: 80.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 761 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  |  |  |  |  | Reviewer Comment (XXXX-03-10): Initial 1003 provided.<br>Seller Comment (XXXX-03-09): Initial 1003 signed/dated | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Rate/Term | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (XXXX-02-19): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-18): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided |  | Missing signed and executed final HUD/Closing Disclosure in file. |  |  |  | Reviewer Comment (XXXX-03-09): Received signed closing statement in trailing docs.<br>Reviewer Comment (XXXX-02-19): Estimated Statement provided in file, missing signed and executed final HUD/Closing Disclosure/Closing Statement. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of two leases on an SFR. Borrower rents out the main floor to one family and rents out the basement with as separate entrance to another family. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Guidelines Representative FICO: 660<br> Representative FICO: 763<br>Loan to Value: 56.14525%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 11.63<br> Guideline Requirement: 6.00<br>The DSCR of 1.21 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). |  | Security Instrument is not signed by the borrower. |  |  |  | Reviewer Comment (XXXX-02-19): Signed, dated and notarized security instrument provided.<br>Seller Comment (XXXX-02-18): (Rate Lock) Sry no comments on this one - had the box marked :) Doc is uploaded for review<br>Seller Comment (XXXX-02-18): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. |  |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-26): (Rate Lock) EV2 accept please review | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to DTI exceeding maximum allowable of 45% for 90% LTV. |  |  |  | Reviewer Comment (XXXX-03-04): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-23): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 49.90162% exceeds Guideline total debt ratio of 45.00000%. | DTI exceeds maximum allowable of 45% for 90% LTV. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to DTI exceeding maximum allowable of 45% for 90% LTV. |  |  |  | Reviewer Comment (XXXX-03-04): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 49.90162% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Waterfall due to DTI exceeding maximum allowable of 45% for 90% LTV. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.82 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.82 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | Guidelines Representative FICO: 660<br> Representative FICO: 793<br>Reserves: 41.67<br> Guideline Requirement: 6.00<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement | File is missing mortgage statement for XXXX to verify taxes and insurance are escrowed. |  |  |  | Reviewer Comment (XXXX-03-18): CD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement | File is missing mortgage statement for XXXX to verify taxes and insurance are escrowed |  |  |  | Reviewer Comment (XXXX-03-18): CD provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | UPDATED COMMENT XXXX\*\*Loan file is missing verification that the withdrawal of funds from XXXX LLC bank account for the transaction will not have a<br> negative impact on the business and its continued operations \*\*\*\*\*\*CPA letter did not reference use of funds for the borrower's 1st business and the 2nd business was not listed on the 1003 which made funds unable to be used. |  |  |  | Reviewer Comment (XXXX-03-18): Asset documentation provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Assets in file are insufficient to satisfy 6 months PITI reserve requirement. |  |  |  | Reviewer Comment (XXXX-03-18): Asset documentation provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | UPDATED COMMENT XXXX\*\*Loan file is missing verification that the withdrawal of funds from XXXX LLC bank account for the transaction will not have a<br> negative impact on the business and its continued operations \*\*\*\*\*\*CPA letter did not reference use of funds for the borrower's 1st business and the 2nd business was not listed on the 1003 which made funds unable to be used. |  |  |  | Reviewer Comment (XXXX-03-18): Asset documentation provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. |  | Hazard Insurance Policy expires within 30 days of Note date. An updated Hazard Insurance Policy is required. |  |  |  | Reviewer Comment (XXXX-03-26): Received hazard insurance renewal in trailing docs.<br>Seller Comment (XXXX-03-25): (Rate Lock) Renewal provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Credit history reflects lates that do not meet guidelines. | Credit Report: Original // Borrower: XXXX XXXX Credit history reflects a total of 10 reported late payments. | Lender Exception in file approving Verification of Rent shows 2 x 30 days late in last 12 months (XXXX XXXX, XXXX XXXX). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 97.85<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Use of Short Term Rental | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.06<br> Guideline Requirement: 12.00<br>Loan to Value: 63.85714%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 768 | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.85 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.06<br> Guideline Requirement: 12.00<br>Loan to Value: 63.85714%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 768 | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of good standing provided is not dated. |  |  |  | Reviewer Comment (XXXX-03-03): Certificate of Good Standing provided.<br>Reviewer Comment (XXXX-02-25): Certificate of Good Standing provided is not dated. Per guidelines income and asset documentation must be dated within 90 days of the note date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Escrows waived. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 20.06<br> Guideline Requirement: 12.00<br>Loan to Value: 63.85714%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 768 | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 0.80. | DSCR is less than the guideline minimum of .800. |  |  |  | Reviewer Comment (XXXX-02-16): Updated Matrix Provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.77599% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 74.77599% exceeds the guideline max of 70%. |  |  |  | Reviewer Comment (XXXX-02-16): Updated Matrix Provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 74.77599% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 74.77599% exceeds the guideline max of 70%. |  |  |  | Reviewer Comment (XXXX-02-16): Updated Matrix Provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00027% exceeds Guideline loan to value percentage of 70.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 27.12<br> Guideline Requirement: 12.00 | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00027% exceeds Guideline combined loan to value percentage of 70.00000%. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 27.12<br> Guideline Requirement: 12.00 | XXXX | Reviewer Comment (XXXX-02-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Copy of the XXXX appraisal is required to be delivered to the borrower within 3 business days of closing. |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-26): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Copy of the XXXX appraisal is required to be delivered to the borrower within 3 business days of closing. |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-26): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification | Third party verification to verify borrower's business has been in existence for at least 2 years is missing. |  |  |  | Reviewer Comment (XXXX-03-02): Third party verification to verify borrower's business has been in existence for at least 2 years provided.<br>Seller Comment (XXXX-02-27): (Rate Lock) Proof 2+ years provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification to verify the start date of the borrower's self-employment is missing from file. |  |  |  | Reviewer Comment (XXXX-03-02): Third party verification to verify borrower's business has been in existence for at least 2 years provided.<br>Seller Comment (XXXX-02-27): (Rate Lock) Proof 2+ years provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Housing history reflects lates that do not meet guidelines. | Credit Report: Original // Borrower: XXXX XXXX XXXXy Housing history reflects a total of 1 reported late payments. | 60 day late payment in XXXX on their mortgage. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least XXXX. | Loan to Value: 47.49263%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 113.81<br> Guideline Requirement: 6.00<br>Documentation Type: 2yr Full Doc<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. |  |  |  | Reviewer Comment (XXXX-03-20): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a unique property, Q1 on appraisal. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | DTI: 16.43600% <br> Guideline Maximum DTI: 45.00000%<br>Reserves: 13.41<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for property being in a commercially zoned area. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least XXXX. | Guidelines Representative FICO: 680<br> Representative FICO: 802<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX Cash Out Refinance, both units are vacant. Guidelines allow one (1) vacant unit on 2-3 Unit property. Borrower recently inherited property so property is still being cleared out of prior owner's furnishings. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Loan to Value: 28.57143%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 181.63<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.75 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than guideline minimum of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 181.63<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 779 | XXXX | Reviewer Comment (XXXX-03-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX NSFs in the last 12 months. It appears there were multiple that occurred within a few days or same day of each other due to a single debit for the period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 12.23<br> Guideline Requirement: 6.00<br>Loan to Value: 65.47619%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 28.57788% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 780 | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-02-24): XXXX received Letter of Explanation, Pay history and Corrected CD. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | Lender requested an exception which was approved for subject is rural and per guidelines max 65% LTV on cashout. Requesting exception to 70% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 87.20<br> Guideline Requirement: 12.00<br>The DSCR of 1.17 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 70.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Lender requested an exception which was approved for subject is rural and per guidelines max 65% CLTV on cashout. Requesting exception to 70% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Reserves: 87.20<br> Guideline Requirement: 12.00<br>The DSCR of 1.17 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) is missing in the file. |  |  |  | Reviewer Comment (XXXX-03-10): Received EIN in trailing docs.<br>Seller Comment (XXXX-03-10): (Rate Lock) EIN provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC is a Manager managed company. Members are not given authority to bind the business. Ineligible transaction as the Manager did not sign the Note, Security Instrument, Guarantor Agreement, and Closing Statement. Unauthorized Member signed documentation. |  |  |  | Reviewer Comment (XXXX-03-10): Received partner's consent letter in trailing docs.<br>Seller Comment (XXXX-03-10): (Rate Lock) OA shows 50% member and signed LOE confirming other member is aware the borrower has authorization to conduct business | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower not provided in file. |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-26): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | NSFs/ODs per 12 months periodXXXX Evidenced on the Bank Statements. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 26.71946% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Loan file is missing a corporate resolution that shows guarantor has borrowing authority on behalf of the company. |  |  |  | Reviewer Comment (XXXX-03-04): Deed of trust showing other member signed was received.<br>Seller Comment (XXXX-03-02): (Rate Lock) The other owner signed the DOT | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.84 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. Borrower is a first-time investor, and guidelines require a DSCR > 1.0 and strong compensating factors. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 19.02<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-02-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX | FTHB ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Reserves: 19.02<br> Guideline Requirement: 6.00<br>Low credit utilization<br> No Derogatory, No lates <br> Borrower has been renting since XXXX - no lates | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) Added more CF | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 71.29032% exceeds Guideline loan to value percentage of 65.00000%. | Calculated loan to value percentage of 71.29032% exceeds Guideline loan to value percentage of 65.00000% for DSCR below 1 and FICO of 690. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Reserves: 19.02<br> Guideline Requirement: 6.00<br>Low credit utilization<br> No Derogatory, No lates <br> Borrower has been renting since XXXX - no lates | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) Added more CF<br>Reviewer Comment (XXXX-02-19): Please provided additional compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 71.29032% exceeds Guideline combined loan to value percentage of 65.00000%. | Calculated combined loan to value percentage of 71.29032% exceeds Guideline combined loan to value percentage of 65.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Reserves: 19.02<br> Guideline Requirement: 6.00<br>Low credit utilization<br> No Derogatory, No lates <br> Borrower has been renting since XXXX - no lates | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) Added more CF | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: CPA Letter / Document Date: / Tax Year: | CPA letter provided is not dated. |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of CPA letter date in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-26): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | CPA letter not dated. |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of CPA letter date in trailing docs. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX with no valid change of circumstances and no cure was provided to borrower. |  |  |  | Reviewer Comment (XXXX-03-09): System cleared after Lender Exception with Compensating Factors provided.<br>Reviewer Comment (XXXX-03-06): XXXX Received Corrected PCCD and Closing statement; however, LOE not received. Provide LOE to borrower. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing dated CPA Letter. |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of CPA letter date in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 8ODs in the most recent 12mos, exceeding the guideline maximum of 5 per 12mo period. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 30.82127% <br> Guideline Maximum DTI: 50.00000%<br>Guidelines Representative FICO: 680<br> Representative FICO: 755 | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to missing dated CPA Letter. |  |  |  | Reviewer Comment (XXXX-03-09): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-05): (Rate Lock) Evidence of date of CPA letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing a dated CPA letter or third party verification of borrower's employment. |  |  |  | Reviewer Comment (XXXX-03-09): Received proof of CPA letter date in trailing docs.<br>Seller Comment (XXXX-03-05): (Rate Lock) Evidence of date of CPA letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX XXXX | Borrower is First Time Home Buyer and ineligible per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 30.70<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 50.16%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 706 | XXXX | Reviewer Comment (XXXX-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception to allow borrower living rent free. Letters provided for living rent free and intent with property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 30.70<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 50.16%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 706 | XXXX | Reviewer Comment (XXXX-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-17): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (XXXX-02-24): XXXX received PCCD, LOE and payment history for principal reduction of cure.<br>Seller Comment (XXXX-02-23): (Rate Lock) PCCD provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower |  |  |  | Reviewer Comment (XXXX-02-24): XXXX received PCCD, LOE and payment history for principal reduction of cure.<br>Seller Comment (XXXX-02-23): (Rate Lock) Cure was applied at closing | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 24.07<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 33.40%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 24.43906% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 796 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. |  | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 24.07<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 33.40%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 24.43906% <br> Guideline Maximum DTI: 43.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 796 | XXXX | Reviewer Comment (XXXX-02-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing an operating agreement or a CPA letter to verify borrower's business ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-25): Verification of ownership percentage in business provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) IRS doc provided confirms sole member | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Operating agreement | Loan file is missing an operating agreement to verify borrower's business ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-25): Verification of ownership percentage provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) IRS doc provided confirms sole member | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to Loan file missing an operating agreement or a CPA letter to verify borrower's business ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-25): System cleared after Lender Exception with Compensating Factors provided. Verification of ownership percentage in business provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) IRS doc provided confirms sole member | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to Loan file missing an operating agreement or a CPA letter to verify borrower's business ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-25): System cleared after Lender Exception with Compensating Factors provided. Verification of ownership percentage in business provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) IRS doc provided confirms sole member | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to Loan file missing an operating agreement or a CPA letter to verify borrower's business ownership percentage. |  |  |  | Reviewer Comment (XXXX-02-25): System cleared after Lender Exception with Compensating Factors provided. Verification of ownership percentage in business provided.<br>Seller Comment (XXXX-02-23): (Rate Lock) IRS doc provided confirms sole member | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | One of the sponsors background shows multiple felonies for possession of a controlled substance on XXXX, possession of XXXX on XXXX, Abduction (remove)/Domestic Violence (knowingly) (misdemeanor)/Kidnapping (terrorize) (physical harm) on XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 209.80<br> Guideline Requirement: 9.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 783 | XXXX | Reviewer Comment (XXXX-02-12): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is XXXX acres and the guideline max is 10. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 15.24775% <br> Guideline Maximum DTI: 45.00000% | XXXX | Reviewer Comment (XXXX-02-17): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Verification of appraisal being delivered to the borrower was not provided. |  |  |  | Reviewer Comment (XXXX-02-19): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-18): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Natural Hazard Disclosure. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Natural Hazard Disclosure fee was not disclosed on Loan Estimate but disclosed as XXXX on the Closing Disclosure document. No valid change of circumstance or cure provided in file |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received corrected PCCD and LOE.<br>Reviewer Comment (XXXX-02-24): XXXX received rebuttal. If fee was not required and borrower shopped, it should be listed in section H instead of section C. Corrected CD and LOE required to remediate moving the fee to section H.<br>Seller Comment (XXXX-02-23): (Rate Lock) All items were things borrower shopped for | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Realtor Admin Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Realtor Admin Fee was not disclosed on Loan Estimate but disclosed as XXXX on the Closing Disclosure. No valid change of circumstance or cure provided in file |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received corrected PCCD and LOE<br>Reviewer Comment (XXXX-02-24): XXXX received rebuttal. If fee was not required and borrower shopped, it should be listed in section H instead of section C. Corrected CD and LOE required to remediate moving the fee to section H.<br>Seller Comment (XXXX-02-23): (Rate Lock) All items were things borrower shopped for | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Home Warranty. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Home Warranty fee was not disclosed on Loan Estimate but disclosed as XXXX on the Closing Disclosure document. No valid change of circumstance or cure provided in file |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received corrected PCCD and LOE<br>Reviewer Comment (XXXX-02-24): XXXX received rebuttal. If fee was not required and borrower shopped, it should be listed in section H instead of section C. Corrected CD and LOE required to remediate moving the fee to section H.<br>Seller Comment (XXXX-02-23): (Rate Lock) All items were things borrower shopped for | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Re-Inspection Fee was not disclosed on Loan Estimate but disclosed as XXXX on the Closing Disclosure document. No valid change of circumstance or cure provided in file |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received corrected PCCD and LOE<br>Reviewer Comment (XXXX-02-24): XXXX received rebuttal. If fee was not required and borrower shopped, it should be listed in section H instead of section C. Corrected CD and LOE required to remediate moving the fee to section H.<br>Seller Comment (XXXX-02-23): (Rate Lock) All items were things borrower shopped for | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: XXXX | Borrower is First Time Home Buyer and ineligible per guidelines. She last owned a home in XXXX and currently rents her primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 798 | XXXX | Reviewer Comment (XXXX-02-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.91 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR of 0.93 below minimum required of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-02-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 8 NSFs in file, guidelines require no more than 5 in the most recent 12 months. | Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has worked in the same position for more than 3 years.<br>DTI: 19.56970% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Deed for ownership dated XXXX was recorded XXXX. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least XXXX. | Guidelines Representative FICO: 660<br> Representative FICO: 766<br>Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Cashout less than 6 months seasoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 26.86<br> Guideline Requirement: 12.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 755 | XXXX | Reviewer Comment (XXXX-02-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.79 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Debt Service Coverage Ratio (Subject DSCR) of 0.79 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 103.21<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 758 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Non Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  |  | Reviewer Comment (XXXX-03-09): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-05): (Rate Lock) EV2 ACCEPT PLEASE WAIVE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraisal was transferred and the transfer letter is missing from the file. |  |  |  | Reviewer Comment (XXXX-03-09): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-05): (Rate Lock) EV2 ACCEPT PLEASE WAIVE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: XXXX | Credit report is more than 90 days prior to Note date | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 3XXXX<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 10.83%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than the guideline minimum of 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 3XXXX<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 10.83%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a purchase on a rural property | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 3XXXX<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 10.83%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | LTV of 80% exceeds guideline max of 70% for a purchase on a rural property | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 3XXXX<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 10.83%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. |  |  |  |  | Reviewer Comment (XXXX-02-26): Received disclosure tracking in trailing docs.<br>Seller Comment (XXXX-02-24): I provided the attached Disclosure Tracking Details report, which confirms the Unified Business Purpose disclosure was emailed to the borrower on 12/9. Attaching this report again.<br>Reviewer Comment (XXXX-02-19): Document provided, Unified Business Purpose Disclosure, does not show the date the Notice of Right to Receive a Copy of appraisal was provided to borrower.<br>Seller Comment (XXXX-02-17): Disclosure<br>Seller Comment (XXXX-02-17): XXXX Finance utilize a Unified Business Purpose Disclosure that includes ECOA - Receipt of appraisal. Providing Encompass Disclosure Tracking Details report confirming this disclosure was emailed to the borrower day of application, including copy of this disclosure. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. |  |  |  | Reviewer Comment (XXXX-03-03): Client accepts EV2 and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 12-month Mortgage History or Verification of Mortgage (VOM) document required for the subject property on all Cash-Out Refinance or Rate-Term Refinance transactions. This was not provided in file. |  |  |  | Reviewer Comment (XXXX-02-26): Mortgage history provided.<br>Seller Comment (XXXX-02-24): (Rate Lock) Please see uploaded VOM/transaction history. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | Date Issued: XXXX Issue Date: XXXX; Received Date: XXXX; Signed Date: XXXX | Issue Date: XXXX is showing after the CD date XXXX. |  |  |  | Reviewer Comment (XXXX-03-06): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-04): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three business days of application. |  |  |  | Reviewer Comment (XXXX-03-06): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-04): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Request to allow business/source of income: selling mariXXXXa/CBD. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Miscellaneous | 2 years in the same business. | XXXX | Reviewer Comment (XXXX-03-02): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for the borrower's father acting as his real estate agent. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 17.53%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 715 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) | UPDATED XXXX\*\*\*\*Initial Loan Estimate was not provided to borrower within 3 business days of application. Application date is XXXX. Initial LE is dated XXXX.\*\*\*The initial LE and the e-sign consent agreement were both electronically signed on XXXX which was after the initial LE date of XXXX. |  |  |  | Reviewer Comment (XXXX-03-17): XXXX received LOE suffice.<br>Seller Comment (XXXX-03-16): (Rate Lock) Proof LE was sent within 3 days<br>Reviewer Comment (XXXX-03-09): An LE that was received by the borrower that and dated within 3 days of the application.<br>Seller Comment (XXXX-03-09): (Rate Lock) Please advise what could cure? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower living rent free. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 17.53%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 715 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 90% exceeds guideline max of 80% for a borrower living rent free. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 17.53%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 715 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Loan file is missing evidence of access to funds for the borrower business bank account. |  |  |  | Reviewer Comment (XXXX-03-09): Received certification from loan processor on date business listing was pulled.<br>Seller Comment (XXXX-03-09): (Rate Lock) OA provided showing borrower owns 100% therefore no access to funds needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Loan file is missing evidence of access to funds for the borrower business bank account |  |  |  | Reviewer Comment (XXXX-03-09): Received Operating agreement in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) OA provided showing borrower owns 100% therefore no access to funds needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to missing income and assets documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received income and asset documents in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) OA provided showing borrower owns 100% therefore no access to funds needed | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall exception due to missing income and assets documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received income and asset documents in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) OA provided showing borrower owns 100% therefore no access to funds needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception due to missing income and assets documents. |  |  |  | Reviewer Comment (XXXX-03-09): Received income and asset documents in trailing docs.<br>Seller Comment (XXXX-03-09): (Rate Lock) OA provided showing borrower owns 100% therefore no access to funds needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan file is missing a third party verification that verifies the duration of the business. Business listing in file is not dated. |  |  |  | Reviewer Comment (XXXX-03-09): Received certification from loan processor on date business listing was pulled.<br>Seller Comment (XXXX-03-09): (Rate Lock) VOE provided confirming it was pulled XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX XXXX Dale // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Document provided is missing a document date. |  |  |  | Reviewer Comment (XXXX-03-09): Received certification from loan processor on date business listing was pulled.<br>Seller Comment (XXXX-03-09): (Rate Lock) VOE provided confirming it was pulled XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-27): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Mortgage charge-off dated less than 3 years prior to the Note Date. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower has been employed in the same industry for more than 5 years.<br>Guidelines Representative FICO: 660<br> Representative FICO: 732<br>Reserves: 48.62<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-02): (Rate Lock) 732 FICO, low credit utilization, SE over 10 years in same company, cash out as reserves over 12 months<br>Reviewer Comment (XXXX-02-26): Please provide compensating factors for internal exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The subject is a unique property with only 1 similar comp in size and features. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower's Own Funds Percent: 26.72%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 739<br>Housing payment history is 0x30x24. | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.94 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Debt Service Coverage Ratio (Subject DSCR) of 0.94 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Lender Exception with Compensating Factors.<br>Lender Exception with Compensating Factors.<br>Market rent is XXXX. Per broker the borrower intends to increase rents to market once hey expire in couple months. | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.95 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Provide Lender exception Approval for DSCR calculation, Guidelines DSCR is 1 and calculated is less than 1 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 36.83<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 712<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-12): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating agreement provided does not have the signature of the member. |  |  |  | Reviewer Comment (XXXX-03-30): IRS document shows guarantor as sole member.<br>Seller Comment (XXXX-03-28): (Rate Lock) The EIN is sufficient to show as sole member. Please clear<br>Reviewer Comment (XXXX-03-27): Operating agreement lists a member which has no signature, unable to determine who the member is. EIN shows XXXX as sole member, Operating agreement lists him as a manager.<br>Seller Comment (XXXX-03-26): (Rate Lock) OA signed; EIN shows he is the sole member and he executed the OA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-27): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-26): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Please provide Corporate Resolution reflecting borrower has authority to bind the company on all owner's behalf. |  |  |  | Reviewer Comment (XXXX-03-27): Operating agreement showing borrower with majority shares can make the decisions. | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender Exception: Approved Lender Exception - Allow for cash receipt for rent receipt on all investment properties. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 24mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's Own Funds Percent: 35.03%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 812 | XXXX | Reviewer Comment (XXXX-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-03): XXXX received a valid COC,<br>Seller Comment (XXXX-03-02): The change in the Lender credit was a result in an guideline exception. Providing COC CD, Disclosure Tracking Details report confirming this was emailed to the borrower on XXXX, Screen shot of 'reasons' for the COC from Encompass disclosure tracking and Secondary market locks confirming this change in pricing on XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Delinquent XXXX and XXXX taxes on subject property owned free and clear. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Reserves: 97.68<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 737<br>Low loan amount<br>Borrower has 10+ years experience | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Market rent used to qualify vs 12 month rental income documentation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Reserves: 97.68<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 737<br>Low loan amount<br>Borrower has 10+ years experience | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Roofs are insured at actual cost value vs replacement cost value | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Borrower's Experience/Track Record | Reserves: 97.68<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 737<br>Low loan amount<br>Borrower has 10+ years experience | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Account Statements - Business | File is missing the XXXX XXXX business bank statement. |  |  |  | Reviewer Comment (XXXX-03-10): Received bank statement in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | File is missing the XXXX XXXX business bank statement. |  |  |  | Reviewer Comment (XXXX-03-10): Received bank statement in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to DTI exceeding the guidelines max of 45% for a loan with an LTV over 80%. Also, XXXX XXXX business bank statement was not provided. |  |  |  | Reviewer Comment (XXXX-03-10): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to DTI exceeding the guidelines max of 45% for a loan with an LTV over 80%. Also, XXXX XXXX business bank statement was not provided. |  |  |  | Reviewer Comment (XXXX-03-10): System cleared after Lender Exception with Compensating Factors provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.33798% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | DTI exceeds the guideline max of 45% for a loan with an LTV over 80%. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower's Own Funds Percent: 22.36%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 751 | XXXX | Reviewer Comment (XXXX-03-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) | Initial Loan Estimate was electronically provided to borrower prior to borrower's consent to receive electronic disclosures. |  |  |  | Reviewer Comment (XXXX-03-10): XXXX received LOX with system snip for disclosures summary which shows Sent to Fulfillment date as XXXX which is within 3 days of the application. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 48.33798% exceeds Guideline total debt ratio of 45.00000%. | DTI exceeds the guideline max of 45% for a loan with an LTV over 80%. | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Borrower's Own Funds Percent: 22.36%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 700<br> Representative FICO: 751 | XXXX | Reviewer Comment (XXXX-03-10): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File is missing the XXXX XXXX business bank statement. |  |  |  | Reviewer Comment (XXXX-03-10): Received bank statements in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | File is missing the XXXX XXXX business bank statement. |  |  |  | Reviewer Comment (XXXX-03-10): Received bank statements in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Compliant acknowledgment of receipt signed at closing and a signed delivery timing waiver are provided; however, the final appraisal report is dated XXXX, which is less than 3 business days prior to the Note date (XXXX). |  |  |  | Reviewer Comment (XXXX-03-25): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XXXX) | Date Issued was not provided on Closing Disclosure. This is an incomplete CD. |  |  |  | Reviewer Comment (XXXX-03-18): Evidence XXXX CD was not sent to the borrower provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Good Faith Redisclosure C A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-12): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unit#XXXX is XXXX sq ft which is below the minimum of 500 sq ft per unit. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 547.17<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 791<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-03-20): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-20): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The property is also zoned business-community. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 547.17<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 791<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Cash-out refinance not allowed on asset depletion. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 547.17<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 791<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Verification | Missing insurance verification for property in XXXX. |  |  |  | Reviewer Comment (XXXX-03-04): LOX provided, no HOI on property. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  | The Preliminary title policy amount is blank. If the prelim does not state a coverage amount. |  |  |  | Reviewer Comment (XXXX-02-27): Client accepts EV2 and elects to waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | No cure or valid CoC provided for increase in Loan Discount Points. |  |  |  | Reviewer Comment (XXXX-03-24): XXXX received a valid COC. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a short term rental. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 43.03<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 46.98%<br> Borrower's Own Funds Amount: XXXX<br>Debt Service Coverage Ratio: 2.20<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 785 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | LTV of 80% exceeds guideline max of 75% for a short term rental. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 43.03<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 46.98%<br> Borrower's Own Funds Amount: XXXX<br>Debt Service Coverage Ratio: 2.20<br> Guideline Requirement: 1.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 785 | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 40.33<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has owned the subject property for at least 5 years.<br>Reserves: 40.33<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-05): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-27): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | No evidence that borrower received a copy of appraisal 3 business days to closing. |  |  |  | Reviewer Comment (XXXX-03-02): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-02-27): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Seasoning of property is less than 6 months from purchase to app date for cash out refinance. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 90.03<br> Guideline Requirement: 6.00<br>DTI: 8.74681% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Excessive NSF/OD of XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 90.03<br> Guideline Requirement: 6.00<br>DTI: 8.74681% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing is missing in the file |  |  |  | Reviewer Comment (XXXX-03-02): Certificate of Good Standing provided.<br>Seller Comment (XXXX-02-26): (Rate Lock) Please see uploaded certificate of good standing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condo project. Insufficient XXXX (aka, Crime or Employee Dishonesty). | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower's Own Funds Percent: 47.10%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.20 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-26): Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max allowable for short term rentals is 70% | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower's Own Funds Percent: 47.10%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.20 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Max allowable for short term rentals is 70% | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower's Own Funds Percent: 47.10%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.20 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Insufficient Flood Coverage. Project does not have coverage equal to the lesser of 80% of the RCV or XXXXK per unit. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Borrower's Own Funds Percent: 47.10%<br> Borrower's Own Funds Amount: XXXX<br>The DSCR of 1.20 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-26): Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Requesting exception to allow use of 1007 rents on a DSCR cash-out refi with 1007 reflecting tenant occupied month-to-month, but no lease available. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-24): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-02-24): Please provide additional compensating factors. Calculated DSCR is 1.01. DSCR compensating factor provided with a DSCR greater than 1.1. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception for First time homebuyer purchasing investment property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 10.80<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 32.69%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 31.81164% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX-03-06): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Corporate Resolution provided in file was not signed by the members. |  |  |  | Reviewer Comment (XXXX-02-27): Corporate resolution provided.<br>Seller Comment (XXXX-02-25): (Rate Lock) Please see uploaded executed corporate resolution. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | Valuation Type: Appraisal / Valuation Report Date: XXXX | Lender approved exception to use appraisal dated XXXX and recertification of the appraisal. The appraisal was originally dated XXXX and a recertification of value was ordered with expectation that this would be delivered by XXXX as this is 120 days from the original report date. The recertification of value is dated XXXX which is three days past the 120-day period. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Reserves: 17.74<br> Guideline Requirement: 9.00<br>Borrower's Experience/Track Record. The borrower has: 5 Years of Experience. Currently holds 10 Properties. | XXXX | Reviewer Comment (XXXX-02-23): Lender Exception with Compensating Factors. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condotel with timeshares and not affiliated with a nationally recognized hotel chain. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least XXXX. | Reserves: 522.00<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 797<br>Documentation Type: Retirement Income - Fully Verified<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. | Note loan amount of XXXX is greater than Guideline maximum loan amount of XXXX. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 28.67<br> Guideline Requirement: 12.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 768 | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for exceeding max total UPB of XXXX XXXX between 2 loans (simultaneous active for XXXX property). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 28.67<br> Guideline Requirement: 12.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 768 | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.90 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.90 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years. | Guidelines Representative FICO: 660<br> Representative FICO: 747<br>Borrower has owned the subject property for at least 5 years. | XXXX | Reviewer Comment (XXXX-03-09): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-03): Lender DSCR is 0.941 and calculated DSCR is 0.90.<br>Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC corporate resolution was not provided. |  |  |  | Reviewer Comment (XXXX-03-16): Documents provided showing both owners signed off on the loan.<br>Reviewer Comment (XXXX-03-09): Please provide the Deed of trust document.<br>Seller Comment (XXXX-03-09): (Rate Lock) Both owners signed the DOT | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.80 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is below guidelines required of 1.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years. | Guidelines Representative FICO: 660<br> Representative FICO: 747<br>Borrower has owned the subject property for at least 5 years. | XXXX | Reviewer Comment (XXXX-03-05): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC resolution was not provided. |  |  |  | Reviewer Comment (XXXX-03-18): Both members signed DOT.<br>Seller Comment (XXXX-03-16): (Rate Lock) Cert provided showing both members, of which both signed the DOT | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.95 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.95 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Borrower has owned the subject property for at least 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Lender Exception with Compensating Factors.<br>LTV is less than 70%, and at least 5% less than guideline maximum<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Reviewer Comment (XXXX-03-04): Lender Exception with Compensating Factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of is less than Guideline PITIA months reserves of 6.00. | Missing asset documentation. Reserve requirement of 6 months not met. |  |  |  | Reviewer Comment (XXXX-03-18): Assets provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Final SS from con-current loans for reserves provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (XXXX-03-18): Both members signed DOT.<br>Seller Comment (XXXX-03-16): (Rate Lock) Doc showing both owners who signed the DOT | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a rural property on a DSCR loan. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Reserves: 25.74<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 783<br>Credit depth with 67 total tradelines.<br>Mortgage history 18+ years 0\*30 | XXXX | Reviewer Comment (XXXX-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for subject vesting in layered entity. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous<br>Miscellaneous | Reserves: 25.74<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 783<br>Credit depth with 67 total tradelines.<br>Mortgage history 18+ years 0\*30 | XXXX | Reviewer Comment (XXXX-02-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | LLC Corporate Resolution was not provided in file. |  |  |  | Reviewer Comment (XXXX-03-05): Borrowing entity managed by entity that the borrower is 100% member of. Cleared.<br>Reviewer Comment (XXXX-03-04): According to documents in file, guarantor owns 75% of borrowing entity. Documentation is required authorizing guarantor to borrow on behalf of the business entity.<br>Seller Comment (XXXX-03-02): Corp resolutions are not required in MS for LLC's. Please clr | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX | XXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement was not found in file. |  |  |  | Reviewer Comment (XXXX-02-04): Econsent provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is a C10 Non-Permanent Resident Alien; Immigration eligibility matrix indicates this is ineligible. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | Loan to Value: 52.21154%<br> Guideline Maximum Loan to Value: 80.00000%<br>Borrower has been employed in the same industry for more than 5 years.<br>DTI: 18.58163% <br> Guideline Maximum DTI: 55.00000%<br>Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-03-03): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-03): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-09): COC provided. System cleared.<br>Seller Comment (XXXX-03-09): (Rate Lock) Invoice provided showing additional fee date of XXXX and we re-disclosed the increase in fee within 3 days of being made aware. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Twelve months' housing history was not provided. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years. | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Loan to Value: 52.21154%<br> Guideline Maximum Loan to Value: 80.00000%<br>DTI: 18.58163% <br> Guideline Maximum DTI: 55.00000% | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-09): The credit report shows 9 months history, 12 months required.<br>Seller Comment (XXXX-03-09): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Provide cure, LOE, PC CD, and evidence of delivery or valid COC. |  |  |  | Reviewer Comment (XXXX-03-09): COC provided. System cleared.<br>Seller Comment (XXXX-03-09): (Rate Lock) Cure was provided at closing for this, please clear. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-25): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: XXXX // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: | Third party verification is missing date. Unable to verify existence of business within 120 days prior to note date. Per the verification provided, Next statement due date is XXXX. This document does not satisfy the verification required. |  |  |  | Reviewer Comment (XXXX-03-25): Updated TPV provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Third party verification is missing date. Unable to verify existence of business within 120 days prior to note date. |  |  |  | Reviewer Comment (XXXX-03-25): Updated TPV provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. (Final/XXXX) | Final CD does not specify reason why escrows are being waived. |  |  |  | Reviewer Comment (XXXX-03-04): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Seller Comment (XXXX-03-03): Please see attached. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Verification of mortgage on credit report only shows one month. Guidelines require 12 month housing history. Please provide 12 months verification of mortgage for borrower. |  |  |  | Reviewer Comment (XXXX-03-09): Received supplemental credit report showing housing history in trailing docs.<br>Seller Comment (XXXX-03-09): Please see attached credit suppl / VOM which was in the credit pkg (pg 155). | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | Loan file is missing borrower's 12 month housing history. |  |  |  | Reviewer Comment (XXXX-03-09): Received supplemental credit report showing housing history in trailing docs.<br>Seller Comment (XXXX-03-09): Please find attached. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 70.29472% exceeds Guideline total debt ratio of 50.00000%. | Calculated DTI is higher due to borrower only having 50% business ownership but was qualified using 100% business ownership. |  |  |  | Reviewer Comment (XXXX-03-09): Received evidence of access to funds in trailing docs.<br>Seller Comment (XXXX-03-09): Please find attached. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of 31.51% is less than Guideline required borrower's own funds of 100.00%. | Guidelines require all funds to come from the borrower's own funds on investment property transactions. |  |  |  | Reviewer Comment (XXXX-03-23): Borrower meets minimum contribution required by guidelines.<br>Seller Comment (XXXX-03-19): (Rate Lock) Required assets is XXXX as per Final CD.<br> Verified assets are all from the borrowers' own funds from checking and Money market accounts totaling XXXX<br>Reviewer Comment (XXXX-03-10): Funds from business account is not considered borrower's own funds.<br>Seller Comment (XXXX-03-10): (Rate Lock) All accounts are in borrowers name | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | No evidence that borrower received a copy of appraisal with report date of XXXX at least 3 business days to closing. |  |  |  | Reviewer Comment (XXXX-03-25): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 79.90868% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 79.90868% exceeds Guideline loan to value percentage of 75.00000%. | Miscellaneous<br>The representative FICO score exceeds the guideline minimum by XX points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x12 or better.<br>The representative FICO score exceeds the guideline minimum by 35 points.<br>The DSCR of 1.13 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-23): (Rate Lock) Updated CFs provided<br>Reviewer Comment (XXXX-03-18)XXXXlculated reserves are 6.93 months and required reserves is 6 months. Comp factor provided for using reserves to downgrade and waive LTV exception is not valid. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 79.90868% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 79.90868% exceeds Guideline combined loan to value percentage of 75.00000%. | Miscellaneous<br>The representative FICO score exceeds the guideline minimum by XX points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x12 or better.<br>The representative FICO score exceeds the guideline minimum by 35 points.<br>The DSCR of 1.13 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-23): (Rate Lock) Updated CFs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Guarantor is 50% owner of borrowing entity; LLC resolution required giving guarantor authority to bind the company. |  |  |  | Reviewer Comment (XXXX-03-23): Security Instrument signed by both members.<br>Seller Comment (XXXX-03-19): (Rate Lock) Executed OA shows both members, who signed the DOT therefore this is not needed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Shared ownership requires an access letter from the partners allowing the use of the business funds by the borrower. | Miscellaneous<br>The representative FICO score exceeds the guideline minimum by XX points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Housing payment history is 0x30x12 or better.<br>The representative FICO score exceeds the guideline minimum by 35 points.<br>The DSCR of 1.13 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-30): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-28): (Rate Lock) exception provided<br>Reviewer Comment (XXXX-03-23): Per guidelines, the borrower must have authority to access and withdraw funds (borrower or all borrowers combined must own 100% of the business) or shared ownership requires an access letter from the partners allowing the use of the business funds by the borrower.<br>Seller Comment (XXXX-03-19): (Rate Lock) Executed OA shows both members, who signed the DOT therefore this is not needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Statement | Missing 2nd mortgage statement for primary home. |  |  |  | Reviewer Comment (XXXX-03-23): ACH and Note provided.<br>Reviewer Comment (XXXX-03-20): Second mortgage statement for primary home missing. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | CPA letter in file does not state business is active. Also, missing 2nd mortgage statement for primary home. |  |  |  | Reviewer Comment (XXXX-03-23): ACH, Note, and 3rd party verification provided.<br>Reviewer Comment (XXXX-03-20): Third party verification provided. Missing 2nd mortgage statement for primary home. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX CPA Letter | CPA letter in file does not state business is active. |  |  |  | Reviewer Comment (XXXX-03-20): Third party verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Lender exception approval to allow LTV above max of 75% for STR w/12 months management history (at 80%) | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 32.68<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided |  | Verification of identification was not provided. |  |  |  | Reviewer Comment (XXXX-03-25): Received driver's license in trailing docs.<br>Seller Comment (XXXX-03-23): (Rate Lock) DL provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Account Statements - Business | XXXX XXXX bank statement missing for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided |  | XXXX XXXX bank statement missing for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Maximum acreage allowed is 10, subject property acreage is XXXX. Lender exception in file shows max as 20 acres. Please provide lender exception showing guidelines max acreage of 10. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Actual Reserves: XXXX<br> Required Reserves: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 734 | XXXX | Reviewer Comment (XXXX-03-05): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-05): Credit Exception for Acerage | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to XXXX XXXX bank statement missing for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing XXXX XXXX bank statement for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | XXXX XXXX bank statement missing for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | XXXX XXXX bank statement missing for borrower's business. |  |  |  | Reviewer Comment (XXXX-03-05): Received bank statement in trailing docs.<br>Seller Comment (XXXX-03-05): XXXX bank statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. |  |  |  | Reviewer Comment (XXXX-03-25): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-23): (Rate Lock) still open please clear<br>Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-16): (Rate Lock) Lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Other | 1003 shows XXXX for monthly insurance, taxes, association dues, etc. on other REO property. Please provided documentation. |  |  |  | Reviewer Comment (XXXX-03-25): Received corrected 1003 in trailing docs.<br>Seller Comment (XXXX-03-23): (Rate Lock) Correct 1003 provided<br>Reviewer Comment (XXXX-03-18): The 1003 reflects the mortgage payment with escrows and an additional XXXX. Provide HOA or other statement for the XXXX, or correct 1003 showing the escrows included in the Monthly Mortgage Payment.<br>Seller Comment (XXXX-03-16): (Rate Lock) statement provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Operating agreement is missing for the borrowing business entity. |  |  |  | Reviewer Comment (XXXX-03-18): Operating Agreement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is currently living rent free and per guidelines, investment properties are ineligible for a borrower living rent free. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Reserves: 23.84<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 44.35%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-23): (Rate Lock) Exception states no previous housing history<br>Reviewer Comment (XXXX-03-23): Lender exception was not provided for Investment properties being ineligible for a borrower living rent free.<br>Seller Comment (XXXX-03-19): (Rate Lock) Updated CFs and corrected exception provided<br>Reviewer Comment (XXXX-03-06): Please provide additional compensating factors. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 43.21761% exceeds Guideline total debt ratio of 43.00000%. | DTI exceeds max of 43% for a borrower living rent free. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Reserves: 23.84<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 44.35%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-19): (Rate Lock) Updated CFs and corrected exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | 1003 shows XXXX for monthly insurance, taxes, association dues, etc on other REO property. Please provided documentation. |  |  |  | Reviewer Comment (XXXX-03-25): Received corrected 1003 in trailing docs.<br>Seller Comment (XXXX-03-23): (Rate Lock) Correct 1003 provided<br>Reviewer Comment (XXXX-03-18): The 1003 reflects the mortgage payment with escrows and an additional XXXX. Provide HOA or other statement for the XXXX, or correct 1003 showing the escrows included in the Monthly Mortgage Payment.<br>Seller Comment (XXXX-03-16): (Rate Lock) statement provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The operating agreement or equivalent showing percentage ownership in borrowing business entity was not provided. |  |  |  | Reviewer Comment (XXXX-03-18): Operating Agreement provided.<br>Seller Comment (XXXX-03-16): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exceptioned to increase LTV to 80% for non-permanent resident alien. Permanent resident card was provided in file, 1003 shows permanent resident. Please update lender exception form to exclude this exception. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>Reserves: 23.84<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 44.35%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 660<br> Representative FICO: 774 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-19): (Rate Lock) Updated CFs and corrected exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception refers to DSCR<1 for first time investor and LTV exceeding max for DSCR below 1. Calculated DSCR is 1.00. Please update lender exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | Reserves: 57.50<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-25): (Rate Lock) revised exception provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> StateXXXX |  |  |  |  | Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-16): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for multiple ADU's. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | Reserves: 14.85<br> Guideline Requirement: 6.00<br>Documentation Type: 1yr P&L w/o Bank Statements<br> Disposable Income: XXXX<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-03-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.95 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Exception Request for DSCR score under 1. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. | Loan to Value: 63.10680%<br> Guideline Maximum Loan to Value: 75.00000%<br>Reserves: 16.71<br> Guideline Requirement: 6.00<br>Borrower has owned the subject property for at least 5 years. | XXXX | Reviewer Comment (XXXX-03-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | Borrower: Jarrett Sutton // Employment Type: Employment / Income Type: Bank Statements / Start Date: XXXX // Document: Third Party Verification / Document Date: / Tax Year: |  |  |  |  | Reviewer Comment (XXXX-03-31): Received document date in trailing docs.<br>Seller Comment (XXXX-03-31): (Rate Lock) Cert of formation showing start date<br>Reviewer Comment (XXXX-03-26): Third party verification document does not have a start date.<br>Seller Comment (XXXX-03-26): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  |  | Reviewer Comment (XXXX-03-26): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-26): (Rate Lock) lender accepts EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Missing verification of the existence of the business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (XXXX-03-31): Received document date in trailing docs.<br>Seller Comment (XXXX-03-31): (Rate Lock) Cert of formation showing start date<br>Reviewer Comment (XXXX-03-26): Third party verification document is missing start date. Start date of business was not provided in file.<br>Seller Comment (XXXX-03-26): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Missing verification of the existence of the business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (XXXX-03-31): Received document date in trailing docs.<br>Seller Comment (XXXX-03-31): (Rate Lock) Cert of formation showing start date<br>Reviewer Comment (XXXX-03-26): Third party verification document is missing start date of business. Start date was not provided in file.<br>Seller Comment (XXXX-03-26): (Rate Lock) Doc provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for 16 OD's in the previous 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 21.64<br> Guideline Requirement: 6.00<br>DTI: 44.55503% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 720 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception to use lease rent instead of market rent. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. | Reserves: 24.13<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 22.23%<br> Borrower's Own Funds Amount: XXXX<br>Loan to Value: 62.06897%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 753 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. |  |  |  | Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-16): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. | Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three business days of application. |  |  |  | Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-16): (Rate Lock) EV2 accept please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | LTV of 85% exceeds the maximum of 80% for a borrower living rent-free. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | DTI: 33.59468% <br> Guideline Maximum DTI: 43.00000%<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years. | XXXX | Reviewer Comment (XXXX-03-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 85.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | LTV of 85% exceeds the maximum of 80% for a borrower living rent-free. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least XXXX. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 33.59468% <br> Guideline Maximum DTI: 43.00000%<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's Experience/Track Record | Reserves: 13.26<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 33.44%<br> Borrower's Own Funds Amount: XXXX<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Borrower's Experience/Track Record | Reserves: 13.26<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 33.44%<br> Borrower's Own Funds Amount: XXXX<br>Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 133.86<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 65.00000%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 133.86<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.91 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR less than required by Guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 133.86<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 100.00%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 769 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Non-warrantable condo. | Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Documentation Type: 1yr Full Doc<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 19.43<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 19.29%<br> Borrower's Own Funds Amount: XXXX<br>Guidelines Representative FICO: 680<br> Representative FICO: 788 | XXXX | Reviewer Comment (XXXX-03-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-03-13): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  |  |  |  |  | Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-16): Please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | XXXX Overdrafrs | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 42.20<br> Guideline Requirement: 6.00<br>Borrower's Own Funds Percent: 31.88%<br> Borrower's Own Funds Amount: XXXX<br>Housing payment history is 0x30x24 or better | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Unit Owners in XXXX building are suing HOA for XXXXM plus court costs. Per attorney email attached, the lawsuit was dismissed however, evidence of dismissed may take some time to provide. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 680<br> Representative FICO: 743<br>The DSCR of 1.33 is greater than the minimum required DSCR of 1.00.<br>Borrower's Experience/Track Record. Completed 2 Properties. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for borrower living rent free and purchasing investment property with DSCR. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | Guidelines Representative FICO: 680<br> Representative FICO: 743<br>The DSCR of 1.33 is greater than the minimum required DSCR of 1.00.<br>Borrower's Experience/Track Record. Completed 2 Properties. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Original Operating Agreement for the borrowing entity missing from the loan file. Document provided is only an Amendment. |  |  |  | Reviewer Comment (XXXX-03-10): Received Operating agreement in trailing docs.<br>Seller Comment (XXXX-03-10): (Rate Lock) Please see uploaded Operating Agreement. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraiser notes the outbuilding is used for a hobby farm per the tenant. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Reserves: 107.16<br> Guideline Requirement: 9.00<br>Combined Loan to Value: 65.00000%<br> Guideline Maximum Combined Loan to Value: 75.00000%<br>Loan to Value: 65.00000%<br> Guideline Maximum Loan to Value: 75.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 735<br>Borrower currently holds 11 properties. | XXXX | Reviewer Comment (XXXX-03-12): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) XXXX Cash-out Loan (Previous loan refinanced within twelve (12) month period of consummation) | XXXX Constitution Section 50(a)(6): Unable to test refinance within twelve (12) month period due to missing documentation. | Date of last mortgage missing in file. |  |  |  | Reviewer Comment (XXXX-03-23): Subject was owned free and clear.<br>Seller Comment (XXXX-03-19): Borrower brought house in cash 3/XXXX | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-03-17): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Initial 1003 missing from file. |  |  |  | Reviewer Comment (XXXX-03-24): Client accepts EV2 Grade and elects to Waive.<br>Seller Comment (XXXX-03-24): See attached Initial URLA signed<br>Seller Comment (XXXX-03-23): Its an EV 2 please waive and complete file.<br>Reviewer Comment (XXXX-03-23): Please provide compensating factors for the exception.<br>Seller Comment (XXXX-03-19): Please waive | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of XXXX is greater than Guideline total cash-out of XXXX. | Cash-out amount of XXXX exceeds guideline maximum of XXXX for a loan with an LTV greater than 60%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 680<br> Representative FICO: 739<br>Reserves: 165.53<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-23): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-03-19): Please see attached PCCD, LOE and refund check | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of XXXX exceeds tolerance of XXXX without a valid change of circumstance. XXXX over legal limit. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-03-23): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Seller Comment (XXXX-03-19): Cured at the closing | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  |  | Reviewer Comment (XXXX-03-23): Received updated Operating agreement in trailing docs.<br>Seller Comment (XXXX-03-19): (Rate Lock) This is a single-member entity, corporate resolution is not applicable. See most recent operating agreement amendment uploaded. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.69 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | The lender exception requested for DSCR below 1(0.787) and per matrix no cash out for FICO 684 with DSCR below 1. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 75.22<br> Guideline Requirement: 6.00 | XXXX | Reviewer Comment (XXXX-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-26): (Rate Lock) Corrected exception provided<br>Reviewer Comment (XXXX-03-23): Lender exception provided is for DSCR of 0.75. Calculated DSCR is 0.69. Please provide updated lender exception. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Experienced investors only<br> • Min 12 months experience with LOE required | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 25.55<br> Guideline Requirement: 3.00<br>Guidelines Representative FICO: 700<br> Representative FICO: 785 | XXXX | Reviewer Comment (XXXX-03-26): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Reviewer Comment (XXXX-03-26): The rate lock document that was uploaded XXXX does not show comp factors. We need the lender exception approval to downgrade and waive. The actual lender exception document showing the approval to use reserves of 25.55 months as a comp factor was not provided.<br>Seller Comment (XXXX-03-25): Revised exception approval attached.<br>Reviewer Comment (XXXX-03-24): Please update the compensating factor to reflect the corrected number of months' reserves, 25.55. The Loan exception request form reflects comp factor as 72 months.<br>Seller Comment (XXXX-03-24): Please see attached updated exception approval - reflecting 25.55 months in reserves.<br>Reviewer Comment (XXXX-03-23): The exception approval uploaded shows 72 months reserves. Please upload an updated exception approval with 25.55 months reserves.<br>Seller Comment (XXXX-03-20): Please find attached exception approval.<br>Seller Comment (XXXX-03-20): An exception was submitted on this one and was approved with pricing adjustment. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: XXXX |  |  |  |  | Reviewer Comment (XXXX-03-17): Lender on Appraisal is same as on Note.<br>Seller Comment (XXXX-03-16): (Rate Lock) The appraisal is under XXXX name , please be advised that XXXX and XXXX both are the same company . Kindly review and clear the condition | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | File was missing proof of the existence of the business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (XXXX-03-27): VVOE provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | File was missing proof of the existence of the business dated within 120 calendar days prior to the note date. |  |  |  | Reviewer Comment (XXXX-03-27): Third party verification provided. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 721<br>Housing payment history is 0x30x12. | XXXX | Reviewer Comment (XXXX-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. | Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000% for a rural property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Guidelines Representative FICO: 660<br> Representative FICO: 721<br>Housing payment history is 0x30x12. | XXXX | Reviewer Comment (XXXX-03-27): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX Other | Final 1003 shows total payment of XXXX for primary residence, taxes XXXX and insurance XXXX. Missing verification of XXXX balance. |  |  |  | Reviewer Comment (XXXX-03-27): Document provided does not reflect the verification of XXXX.<br>Reviewer Comment (XXXX-03-27): HOA provided.<br>Reviewer Comment (XXXX-03-27): HOA shows annual payments of XXXX. Missing verification of XXXX. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-23): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Initial Closing disclosure missing in loan file. |  |  |  | Reviewer Comment (XXXX-03-24): Initial CD provided. System cleared. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX NSF's in the last 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>DTI: 3.29328% <br> Guideline Maximum DTI: 55.00000%<br>Guidelines Representative FICO: 660<br> Representative FICO: 773<br>Housing payment history is 0x30x24xor better. | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for first time homebuyer living rent free purchasing an investment property. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Borrower has been employed in the same industry for more than 5 years.<br>Documentation Type: 12mo Bank Statement<br> Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 7.06<br> Guideline Requirement: 3.00<br>Borrower's Own Funds Percent: 23.77%<br> Borrower's Own Funds Amount: XXXX<br>DTI: 16.99514% <br> Guideline Maximum DTI: 43.00000% | XXXX | Reviewer Comment (XXXX-03-13): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX Prepayment Penalty - Business Entity | XXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXX under XXXX 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  |  | Reviewer Comment (XXXX-03-18): Client accepts EV2 Grade and elects to Waive.<br>Reviewer Comment (XXXX-03-18): This is an information exception and can be waived.<br>Seller Comment (XXXX-03-16): The XXXX prepayment reg 'no-prepayment, only applies to owner-occupied property. This is an investment property title vested as LLC. This rule does not apply to this loan. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the asset has legal nonconforming zoning with agricultural residential zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 2.02<br> Guideline Requirement: 1.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 75.00000% | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-03-27): Received proof of lender insured documented value in trailing docs.<br>Seller Comment (XXXX-03-26): (Rate Lock) See uploaded RCEs. Insurance coverage exceeds replacement cost.<br>Reviewer Comment (XXXX-03-25): Estimated Cost New per appraisal is XXXX and 80% is XXXX. Coverage amount is XXXX, falls short by XXXX.<br>Seller Comment (XXXX-03-24): (Rate Lock) Policies reflect full replacement cost coverage, which is equivalent to 100% of the insurable value of the improvements -- this satisfies the insurability condition per XXXX DSCR guidelines. Please clear/waive this condition.<br>Reviewer Comment (XXXX-03-24): Insurance policy has to read "Guaranteed replacement cost". Without that, the policy has a coverage shortfall of XXXX, 156.<br>Seller Comment (XXXX-03-20): (Rate Lock) EOIs for both units reflect full replacement cost coverage, see context next to "Coverage A - Dwelling". Reads: "Special Form DP3 with Full Replacement Cost Coverage". | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for appraisal which shows the asset has legal nonconforming zoning with Agricultural residential zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Debt Service Coverage Ratio: 2.23<br> Guideline Requirement: 1.00<br>Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 65.00000% | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-03-27): Received proof of lender insured documented value in trailing docs.<br>Seller Comment (XXXX-03-26): (Rate Lock) See uploaded RCEs. Insurance coverage exceeds replacement cost.<br>Reviewer Comment (XXXX-03-25): The coverage is full replacement up to XXXX. Improvements per appraisal are XXXX and 80% is XXXX. Coverage amount is XXXX, resulting in a shortfall of XXXX.<br>Seller Comment (XXXX-03-24): (Rate Lock) Policies reflect full replacement cost coverage, which is equivalent to 100% of the insurable value of the improvements -- this satisfies the insurability condition per XXXX DSCR guidelines. Please clear/waive this condition.<br>Reviewer Comment (XXXX-03-24): Insurance policy has to read "Guaranteed replacement cost". Without that the policy has a coverage shortfall of XXXX.<br>Seller Comment (XXXX-03-20): (Rate Lock) EOIs for both units reflect full replacement cost coverage, see context next to "Coverage A - Dwelling". Reads: Special Form DP3 with Full Replacement Cost Coverage". | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-03-27): Received proof of lender insured documented value in trailing docs.<br>Seller Comment (XXXX-03-26): (Rate Lock) See uploaded RCEs. Insurance coverage exceeds replacement cost. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the property has legal non conforming zoning with agricultural residential zoning. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. | Loan to Value: 54.29936%<br> Guideline Maximum Loan to Value: 65.00000%<br>Debt Service Coverage Ratio: 2.19<br> Guideline Requirement: 1.00 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the property has legal non conforming zoning with XXXX zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 65.00000%<br>The DSCR of 1.41 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-03-27): Received proof of lender insured documented value in trailing docs.<br>Seller Comment (XXXX-03-26): (Rate Lock) See uploaded RCEs. Insurance coverage exceeds replacement cost.<br>Reviewer Comment (XXXX-03-25): Estimated Cost New per appraisal is XXXX and 80% is XXXX. Coverage amount is XXXX, falls short by XXXX.<br>Seller Comment (XXXX-03-24): (Rate Lock) Policies reflect full replacement cost coverage, which is equivalent to 100% of the insurable value of the improvements -- this satisfies the insurability condition per XXXX DSCR guidelines. Please clear/waive this condition.<br>Reviewer Comment (XXXX-03-24): Insurance policy has to read "Guaranteed replacement cost". Without that the policy has a coverage shortfall of XXXX.<br>Seller Comment (XXXX-03-20): (Rate Lock) EOIs for both units reflect full replacement cost coverage, see context next to "Coverage A - Dwelling". Reads: Special Form DP3 with Full Replacement Cost Coverage". | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is insufficient by XXXX. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. |  |  |  | Reviewer Comment (XXXX-03-27): Received proof of lender insured documented value in trailing docs.<br>Seller Comment (XXXX-03-26): (Rate Lock) See uploaded RCEs. Insurance coverage exceeds replacement cost.<br>Reviewer Comment (XXXX-03-25): Estimated Cost New per appraisal is XXXX and 80% is XXXX. Coverage amount is XXXX, falls short by XXXX.<br>Seller Comment (XXXX-03-24): (Rate Lock) Policy reflect full replacement cost coverage, which is equivalent to 100% of the insurable value of the improvements -- this satisfies the insurability condition per XXXX DSCR guidelines. Please clear/waive this condition.<br>Reviewer Comment (XXXX-03-24): The Replacement cost coverage is up to XXXX. RCE should be provided to support the coverage amount.<br>Reviewer Comment (XXXX-03-24): Insurance policy has to read "Guaranteed replacement cost". Without that the coverage has a shortfall of XXXX.<br>Seller Comment (XXXX-03-20): (Rate Lock) EOI reflects full replacement cost coverage, see context next to "Coverage A - Dwelling". Reads: Special Form DP3 with Full Replacement Cost Coverage". | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal shows the asset has legal nonconforming zoning with agricultural residential zoning. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | Loan to Value: 55.00000%<br> Guideline Maximum Loan to Value: 65.00000%<br>The DSCR of 1.39 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.97 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Lender exception approved for DSCR<1.00. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 97.32<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines requirements for documents to be signed by POA were not met. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 97.32<br> Guideline Requirement: 6.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-25): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-23): (Rate Lock) Please advise what is needed | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower lives rent free. Required attestation from the homeowner was not provided. |  |  |  | Reviewer Comment (XXXX-03-25): Received letter of explanation in trailing docs. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Max LTV for rural/agricultural zoning properties is 80% | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>DTI: 22.54792% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Max LTV for rural/agricultural zoning properties is 80% | Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Disposable Income: XXXX<br>DTI: 22.54792% <br> Guideline Maximum DTI: 45.00000%<br>Guidelines Representative FICO: 700<br> Representative FICO: 764 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Notice of Right to Cancel was not provided to borrower. |  |  |  | Reviewer Comment (XXXX-03-20): Right to Cancel provided. System cleared.<br>Seller Comment (XXXX-03-20): (Rate Lock) Please see attached | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 90.00000% exceeds Guideline loan to value percentage of 80.00000%. | Max LTV for rural properties is 80%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 90.00000% exceeds Guideline combined loan to value percentage of 80.00000%. | Max LTV for rural properties is 80%. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Borrower has been employed in the same industry for more than 5 years.<br>Disposable Income: XXXX<br>Borrower has worked in the same position for more than 3 years.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX | XXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. |  |  |  | Reviewer Comment (XXXX-03-24): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property located in agriculture zone. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.21 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: XXXX // Account Type: Savings / Account Number: XXXX | 2 months bank statements required, 1 month provided. |  |  |  | Reviewer Comment (XXXX-03-26): Received final closing statement in trailing docs.<br>Seller Comment (XXXX-03-25): (Rate Lock) This was a free and clear cash out with over XXXX in proceeds due to the borrower, please see uploaded final HUD. Required reserves are only XXXX. Cash-out proceeds are more than enough to cover all costs and no exception is needed.<br>Reviewer Comment (XXXX-03-25)XXXXsh out proceeds were not sufficient to cover the closing costs/reserves. If the bank account is excluded an exception for insufficient reserves will be set. Please provide a 2nd month bank statement for XXXX<br>Seller Comment (XXXX-03-23): (Rate Lock) N/A - This is a cash-out transaction, cash-out proceeds were used to cover all closing costs + required reserves. Please clear/waive this condition. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal notes the property is legal non-conforming due to XXXX in an XXXX zone. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 802 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Refinance of a short-term rental utilizing 75% XXXX for underwritten income which are considered on a case-by-case basis. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 660<br> Representative FICO: 802 | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for XXXX overdrafts and XXXX days of negative balances in the past 12 months. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has worked in the same position for more than 3 years.<br>Reserves: 31.48<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 680<br> Representative FICO: 753 | XXXX | Reviewer Comment (XXXX-03-23): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Master flood policy does not meet minimum 80% of replacement cost value coverage. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 197.06<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 745 | XXXX | Reviewer Comment (XXXX-03-18): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> State: XXXXXXXX | Title policy amount is not shown on the Title Commitment. |  |  |  | Reviewer Comment (XXXX-03-24): Title policy with coverage amount provided.<br>Seller Comment (XXXX-03-20): Please see attached prelim that's in the file as well - page 2 reflects the proposed insured amount. | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.43 is less than Guideline PITIA months reserves of 6.00. | Borrower's assets are insufficient to satisfy 6 month PITI reserve requirement. Gift letter indicates funds are from a family friend and not a relative. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | DTI 41.7% lower than 45% allowed. | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-19): Delivery provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.98730% or Final Disclosure APR of 8.02700% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  |  | Reviewer Comment (XXXX-03-19): Delivery provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) |  |  |  |  | Reviewer Comment (XXXX-03-19): Delivery provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation discrepancy due to Borrower's assets are insufficient to satisfy 6 month PITI reserve requirement. Gift letter indicates funds are from a family friend and not a relative. |  |  |  | Reviewer Comment (XXXX-03-19): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower's assets are insufficient to satisfy 6 month PITI reserve requirement. Gift letter indicates funds are from a family friend and not a relative. |  |  |  | Reviewer Comment (XXXX-03-19): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. |  | Borrower's assets are insufficient to satisfy 6 month PITI reserve requirement. Gift letter indicates funds are from a family friend and not a relative. | Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | DTI 41.7% lower than 45% allowed. | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Borrower's assets being insufficient to satisfy 6 month PITI reserve requirement. Gift letter indicates funds are from a family friend and not a relative. |  |  |  | Reviewer Comment (XXXX-03-19): System cleared after Lender Exception with Compensating Factors provided.<br>Seller Comment (XXXX-03-17): (Rate Lock) Docs provided | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for a purchase priced set in XXXX that was structured as a lease with an option to purchase which permits the buyer to sublease the property until the buyer purchases the property. This could be considered an arm's length transaction. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | Reserves: 14.31<br> Guideline Requirement: 9.00<br>Borrower's Own Funds Percent: 14.18%<br> Borrower's Own Funds Amount: XXXX<br>Borrower does not live in the subject property and are currently using as rental arbitrage<br> Borrower did not have a relationship with seller prior to XXXX <br> The contract was set up after the borrower gave an estimate for flooring and the seller mentioned they planned to sell the property | XXXX | Reviewer Comment (XXXX-03-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for asset depletion for income. Joint account holder is not on the loan. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 195.98<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 793 | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.94 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | DSCR is less than the guideline minimum of 1.00 for LTV of 80%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Guidelines Representative FICO: 700<br> Representative FICO: 768<br>Reserves: 95.52<br> Guideline Requirement: 3.00 | XXXX | Reviewer Comment (XXXX-03-16): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender approved exception for potential non-arms' length transaction (borrower lives at XXXX | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Miscellaneous | Reserves: 18.15<br> Guideline Requirement: 6.00<br>Debt Service Coverage Ratio: 1.61<br> Guideline Requirement: 1.00<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | ROV on 1007 rent, however It is approved with market rent XXXX. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 508.56<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.78 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Reserves: 508.56<br> Guideline Requirement: 6.00<br>Guidelines Representative FICO: 660<br> Representative FICO: 765 | XXXX | Reviewer Comment (XXXX-03-19): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000% for a minimum FICO score of 660. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | 0x30x24 months on all mortgages. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-20): (Rate Lock) Please be advised that the DSCR is 1, Borrower down payment exceeds 10% of own funds, and 0x30 for 24 months on all mortgages, Also , Current homeownership ? 48 months.<br>Reviewer Comment (XXXX-03-20): Three months reserves required. Borrower has 6.93 reserves and is short the 4 months required to use as a compensating factor. Loan is DSCR so there is no income for borrower to use residual income as a compensating factor. Please provide additional compensating factors sufficient to clear the 4 exceptions in file.<br>Seller Comment (XXXX-03-20): (Rate Lock) 0x30 for 24 months on all mortgages, Borrower down payment exceeds 10% of own funds, Residual income XXXX above the program min. required , and Reserves exceed requirement by 6 months or more<br>Reviewer Comment (XXXX-03-19): Need additional Comp Factors. Email sent.<br>Seller Comment (XXXX-03-18): (Rate Lock) The exception has been approved<br>Seller Comment (XXXX-03-18): (Rate Lock) Exception has been requested on the LTV and the FICO<br>Seller Comment (XXXX-03-18): (Rate Lock) FICO is 693 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Calculated combined loan to value percentage of 80.00000% exceeds Guideline combined loan to value percentage of 75.00000%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | 0x30x24 months on all mortgages. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-20): (Rate Lock) Please be advised that the DSCR is 1, Borrower down payment exceeds 10% of own funds, and 0x30 for 24 months on all mortgages, Also , Current homeownership ? 48 months.<br>Reviewer Comment (XXXX-03-20): Three months reserves required. Borrower has 6.93 reserves and is short the 4 months required to use as a compensating factor. Loan is DSCR so there is no income for borrower to use residual income as a compensating factor. Please provide additional compensating factors sufficient to clear the 4 exceptions in file.<br>Seller Comment (XXXX-03-20): (Rate Lock) 0x30 for 24 months on all mortgages, Borrower down payment exceeds 10% of own funds, Residual income XXXX above the program min. required , and Reserves exceed requirement by 6 months or more<br>Reviewer Comment (XXXX-03-19): Need additional Comp Factors. Email sent.<br>Seller Comment (XXXX-03-18): (Rate Lock) The exception has been approved<br>Seller Comment (XXXX-03-18): (Rate Lock) Exception has been requested on the LTV and the FICO | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.86 is less than Guideline PITIA months reserves of 3.00. | Calculated PITIA months reserves of 1.86 is less than Guideline PITIA months reserves of 3.00. File is missing bank statement to evidence EMD source of XXXX. |  |  |  | Reviewer Comment (XXXX-03-19): Additional funds verified from a 2nd lien on the brws primary.<br>Seller Comment (XXXX-03-18): (Rate Lock) BORROWER REFINANCED THEIR 2ND MTG PRIMARY FOR A NEW 2ND MTG USING FUNDS TO CLOSE - THEY HAD FUNDS WIRED DIRECTLY TO THIS ESCROW SO THAT THEY DID NOT SPEND ANY OF IT, THEY ARE RECEIVING CASH BACK FROM THEIR TOTAL FUNDS THEY PAID IN AND THAT PLUS THEIR OTHER ASSETS WILL COVER THE 6 MONTHS RESERVES | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property is 2 units; single family residence only allowed for first time investors. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | 0x30x24 months on all mortgages. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-20): (Rate Lock) Please be advised that the DSCR is 1, Borrower down payment exceeds 10% of own funds, and 0x30 for 24 months on all mortgages, Also , Current homeownership ? 48 months.<br>Reviewer Comment (XXXX-03-20): Three months reserves required. Borrower has 6.93 reserves and is short the 4 months required to use as a compensating factor. Loan is DSCR so there is no income for borrower to use residual income as a compensating factor. Please provide additional compensating factors sufficient to clear the 4 exceptions in file.<br>Seller Comment (XXXX-03-20): (Rate Lock) 0x30 for 24 months on all mortgages, Borrower down payment exceeds 10% of own funds, Residual income XXXX above the program min. required , and Reserves exceed requirement by 6 months or more<br>Reviewer Comment (XXXX-03-19): Need additional Comp Factors. Email sent.<br>Seller Comment (XXXX-03-18): (Rate Lock) BORROWER IS A FIRST TIME INVESTOR | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 693 is less than Guideline representative FICO score of 700. | A minimum credit score of 700 is required for a first-time investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>Miscellaneous | 0x30x24 months on all mortgages. | XXXX | Reviewer Comment (XXXX-03-20): Lender Exception with Compensating Factors provided. Downgraded and Waived.<br>Seller Comment (XXXX-03-20): (Rate Lock) Please be advised that the DSCR is 1, Borrower down payment exceeds 10% of own funds, and 0x30 for 24 months on all mortgages, Also , Current homeownership ? 48 months.<br>Reviewer Comment (XXXX-03-20): Three months reserves required. Borrower has 6.93 reserves and is short the 4 months required to use as a compensating factor. Loan is DSCR so there is no income for borrower to use residual income as a compensating factor. Please provide additional compensating factors sufficient to clear the 4 exceptions in file.<br>Seller Comment (XXXX-03-20): (Rate Lock) 0x30 for 24 months on all mortgages, Borrower down payment exceeds 10% of own funds, Residual income XXXX above the program min. required , and Reserves exceed requirement by 6 months or more<br>Reviewer Comment (XXXX-03-19): Need additional Comp Factors. Email sent.<br>Seller Comment (XXXX-03-18): (Rate Lock) Exception has been approved<br>Seller Comment (XXXX-03-18): (Rate Lock) Exception has been requested on the LTV and the FICO | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HUD-1 is not fully executed. |  |  |  | Reviewer Comment (XXXX-03-24): Received final closing statement in trailing docs.<br>Seller Comment (XXXX-03-20): (Rate Lock) See uploaded fully executed HUD. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; <br> StateXXXX | Title policy amount was not provided. |  |  |  | Reviewer Comment (XXXX-03-24): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: XXXX; Lien Position: 1 |  |  |  |  | Reviewer Comment (XXXX-03-24): Client accepts EV2 Grade and elects to Waive. | XXXX | XXXX | XXXX | 2 A B | XXXX | XXXX | Investment | Purchase | B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Single family residence with 3 ADUs, guidelines allow one. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.39 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | One ADU is less than XXXX sq ft. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DSCR on the loan is greater than the guideline minimum.<br>Miscellaneous | The DSCR of 1.39 is greater than the minimum required DSCR of 1.00.<br>Housing payment history is 0x30x24 or better. | XXXX | Reviewer Comment (XXXX-03-24): Lender Exception with Compensating Factors provided. Downgraded and Waived. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | B |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  |  | Reviewer Comment (XXXX-11-24): Closing Protection Letter is provided in file. Exception Cleared<br>Buyer Comment (XXXX-11-20): CPL | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  |  | Reviewer Comment (XXXX-11-24): Flood Certificate is provided in file. Exception Cleared<br>Buyer Comment (XXXX-11-20): Flood Cert | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Require purchase agreement copy with all pages executed by both buyer and seller. |  |  |  | Reviewer Comment (XXXX-11-24): Provided purchase agreement copy with all pages executed by both buyer and seller. Exception Cleared<br>Buyer Comment (XXXX-11-20): executed purchase contract with addendums (new const) | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided |  |  |  |  |  | Reviewer Comment (XXXX-02-18): Received Spousal Consent Form. Exception cleared.<br>Buyer Comment (XXXX-02-17): Spousal consent<br>Reviewer Comment (XXXX-11-24): Required Spousal consent form, property is owned by LLC and its in community state. Exception remains<br>Buyer Comment (XXXX-11-20): Lender's response: Why is a spousal consent form needed on an investment property? He purchased it individually and the spouse wasn't on the deed? Is there a form you want used? | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | Require verification of mortgage payment due for XXXX Creditor : XXXX Bnk XXXX XXXX guide requires, on the credit report date (XXXX), the existing mortgage(s) must be current, which means that no more than 45 days have elapsed since the last paid installment date. |  |  |  | Reviewer Comment (XXXX-02-23): Statement provided. Cleared.<br>Buyer Comment (XXXX-02-23): Morgage statement<br>Reviewer Comment (XXXX-01-13): Received Mortgage statement confirming payment for Nov XXXX. Look back date XXXX. Credit report reflects Mortgage payment for XXXX Bank #XXXX is paid until XXXX. Therefore provide supporting document to confirm the mortgage payment for XXXX XXXX or credit supplement for the same. Exception remains.<br>Buyer Comment (XXXX-01-13): Lender's comment: here is a statement showing payments paid in full. We cannot get a supplement due to age of the credit report. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Require XXXX warrantable projects document. A certification must be provided in addition to the condo questionnaire, in addition to any other documents used to determine eligibility. |  |  |  | Reviewer Comment (XXXX-11-24): Project approval is provided in file with approved by XXXX. Exception Cleared<br>Buyer Comment (XXXX-11-20): XXXX PERS approval | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing Tax Cert to verify XXXX/year in tax expenses. |  |  |  | Reviewer Comment (XXXX-12-15): Received Tax cert with Tax rate lender used Sales price XXXX000 \* Tax rate1.9818140%. Exception Cleared.<br>Buyer Comment (XXXX-12-11): Tax doc<br>Buyer Comment (XXXX-12-11): LOX<br>Reviewer Comment (XXXX-11-11): Provide Lender calculation worksheet to document Lender used Amount of XXXX Exception Remains<br>Buyer Comment (XXXX-11-07): New XXXX. Lender used the high conservative amount. Please clear. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX Limited Liability Company | The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity XXXX |  |  |  | Reviewer Comment (XXXX-02-06): Received Fraud Report for business entity. Exception Cleared<br>Buyer Comment (XXXX-02-05): Business fraud report | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Organization/Formation required for XXXX LLC. |  |  |  | Reviewer Comment (XXXX-01-20): Received Articles of Organization/Formation for XXXX LLC. Exception Cleared<br>Buyer Comment (XXXX-01-16): Articles or organization | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Certificate of Good Standing required for XXXX LLC. |  |  |  | Reviewer Comment (XXXX-01-20): Received Certificate of Good standing for XXXX LLC. Exception Cleared<br>Buyer Comment (XXXX-01-16): Certificate of good standing | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Employer Identification Number (EIN) required for XXXX LLC. |  |  |  | Reviewer Comment (XXXX-01-28): Employer Identification Number (EIN) received for entity. Exception cleared.<br>Buyer Comment (XXXX-01-27): EIN for Entity | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor Agreement is required as per guide. |  |  |  | Reviewer Comment (XXXX-01-28): Guarantor Agreement received for entity. Exception cleared.<br>Buyer Comment (XXXX-01-27): Guarantor agreement | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan file must include documentation detailing the DSCR<br> calculation, such as the 1008, Loan Approval or a DSCR Calculation Worksheet. |  |  |  | Reviewer Comment (XXXX-01-22): Received DSCR Calculation worksheet. Exception Cleared<br>Buyer Comment (XXXX-01-21): 1008 with DSCR calculation at bottom | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Eligibility | Asset | Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines |  | 3.47% seller concessions > 3% maximum allowed per guidelines.<br>Seller credit calculated is 3.47% of the sales price which exceeds the guide requirement of 3%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-24): Investor exception provided.<br>Buyer Comment (XXXX-02-24): investor exception approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Guarantor's ownership information is missing in operating agreement. |  |  |  | Reviewer Comment (XXXX-01-28): Operating Agreement received for entity. Exception cleared.<br>Buyer Comment (XXXX-01-27): Operating agreement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | Require mortgage proof for XXXX/XXXX for account #XXXX.<br> We are able to verify till XXXX from mortgage statement, which meets the requirement of 45 look back day, however XXXX payments are missing in file. All payment histories must reflect 0X30 measured from the credit report date. |  |  |  | Reviewer Comment (XXXX-01-23): Received Credit supplement to verify housing history. Exception cleared.<br>Buyer Comment (XXXX-01-23): credit supp | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Incorrect City name reflecting in HOI as "XXXX" Require revised HOI with correct city name "XXXX" |  |  |  | Reviewer Comment (XXXX-01-23): Received Letter from title to confirm zip code XXXX shares 2 city name. Exception cleared.<br>Buyer Comment (XXXX-01-23): affidavit from title stating addresses with city XXXX and XXXX are one in the same. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Require Certificate of Goods standing within 120 days of the note date. |  |  |  | Reviewer Comment (XXXX-01-23): Received Certificate of Good Standing. exception cleared.<br>Buyer Comment (XXXX-01-23): good standing | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan file must include documentation detailing the DSCR calculation, such as the 1008, Loan Approval or a DSCR Calculation Worksheet, not found at time of review.. |  |  |  | Reviewer Comment (XXXX-01-23): Received DSCR Calculation Worksheet. Exception cleared<br>Buyer Comment (XXXX-01-23): dscr calc | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Project approval and lender's confirming the condo is warrantable is missing. |  |  |  | Reviewer Comment (XXXX-01-23): Project Condo warranty certification received. Exception cleared.<br>Buyer Comment (XXXX-01-23): CONDO WARRANTY | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | D0430 Lender has approved the exception for condo project that has house rules that require any lease for a unit to be approved by the XXXXrd. The Condo only lets 8 units to be rented at a time. A Signed Lox is required from the borrower that they are able to rent the subject property. |  |  |  | Reviewer Comment (XXXX-02-04): LOX provided.<br>Buyer Comment (XXXX-02-03): lox | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Defect | XXXX SB270 Prepayment Penalty Test XXXX Investment Test | XXXX XXXX: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. |  |  |  |  | Buyer Comment (XXXX-01-22): Acknowledged non material<br>Buyer Comment (XXXX-01-14): Acknowledged non material | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | There are 2 different PPP calculations on the Note Addendum and PPP Rider. Please add a condition for an attestation letter to have the incorrect prepay addendum destroyed with a corrected Security Instrument removing the extra rider (if applicable) with a letter of intent to re-record along with a corrected PCCD with the updated prepayment calculations if applicable. |  |  |  | Reviewer Comment (XXXX-01-23): Received for Note Addendum - Prepayment. Exception cleared<br>Buyer Comment (XXXX-01-22): Updated PPP Addendum to match Rider | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX LLC, a XXXX Limited Liability Company | Business Entity fraud report is missing in file for XXXX LLC, a XXXX Limited Liability Company. |  |  |  | Reviewer Comment (XXXX-01-28): Provided.<br>Buyer Comment (XXXX-01-28): Fraud Report | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | Appraisal report reflects Zoning description as Residential Mixed however as per guides, Mixed Use properties are ineligible. Please review. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 95 vs 3 | XXXX | Reviewer Comment (XXXX-01-28): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Missing Bank Statement for XXXX XXXX reflecting the Earnest Money Deposit check of XXXX dated XXXX was cleared. |  |  |  | Reviewer Comment (XXXX-01-28): Provided.<br>Buyer Comment (XXXX-01-28): Bank Statement and Escrow Letter | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Property condition not provided. |  | Appraisal photos of Basement appear to have mold on the walls. No mention of repairs needed from Appraiser. Provide updated appraisal report for this loan file. |  |  |  | Reviewer Comment (XXXX-01-28): Provided.<br>Buyer Comment (XXXX-01-28): See page 11 of the appraisal<br>Buyer Comment (XXXX-01-28): Appraisal | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review |  |  |  |  |  | Reviewer Comment (XXXX-01-14): Client accepts. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.98 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Loan re-reviewed to V11 guides, investor is XXXX. Investor exception approved for vacant property refinance and a DSCR ratio under 1 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-01-27): Investor accepts and waives with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Minimum of XXXX square feet of gross living area required per company guidelines. |  | 3) Property ineligible due to less than XXXX square feet. 1004 reflects subject is XXXX square feet | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-02-02): Investor exception provided.<br>Buyer Comment (XXXX-01-30): investor exception approval | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | 2) Provide additional documentation reflecting B1 has 12 months ownership and management of income producing residential or commercial real estate within the past 24 months |  |  |  | Reviewer Comment (XXXX-02-05): Received lease agreement commencing from XXXX - XXXX thus confirming borrower as a experience investor on the property "XXXX". Exception cleared.<br>Buyer Comment (XXXX-02-04): Here are two lease agreements for the XXXX property. They're both 12 month leases. Started XXXX 1, XXXX and still rented out. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | Lender exception D0022 - Proceed with rental history 1x30. Borrower provided documentation Via cancelled checks reflects that in one month he made 2 rental payments and, in another month, he did not make the full rental payment due to completing some repairs. Lox Incl in submission. we are pending the landlord to complete an actual VOR and address/ Confirm these rental payments as stated by the borrower Lox. Exception not signed or dated, Client to confirm. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-09): Investor exception provided.<br>Buyer Comment (XXXX-02-05): Investor Approved Exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: XXXX, Valuation Type: Desk Review / Valuation Report Date: XXXX | CDA/ Appraisal reflecting incomplete address as "XXXX" Require revised Title commitment to reflect complete address. |  |  |  | Reviewer Comment (XXXX-02-13): Received Updated CDA and appraisal with correction property Address. Exception Cleared<br>Buyer Comment (XXXX-02-12): Corrected CDA<br>Buyer Comment (XXXX-02-12): Corrected appraisal | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided |  | Title commitment reflecting incomplete address XXXX" Require revised Title commitment to reflect correct address. |  |  |  | Reviewer Comment (XXXX-02-18): Received Title commitment with legal description having the correct address as AKA on page 5 of the title commitment. Exception cleared.<br>Buyer Comment (XXXX-02-17): See page 5<br>Reviewer Comment (XXXX-02-13): Noted. Required title commitment 1st page reflecting with correct property address. Exception remains<br>Buyer Comment (XXXX-02-12): Updated title with corrected address on last page | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing confirmation of rent-free status of primary residence. |  |  |  | Reviewer Comment (XXXX-02-13): Rent-free letter is provided in file. Exception Cleared<br>Buyer Comment (XXXX-02-12): rent free | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 696 is less than Guideline representative FICO score of 700. | Lender Exception received for FICO 696 is less than allowable limit of 700 as per guide. Also Property acquired in XXXX and as per guide, At least one borrower on the new loan must be on title of the subject property for a minimum of six months from the closing date - Lender exception available for FICO less than guide requirement and Less than 6 months ownership seasoning.Confirm acceptance for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-02-12): Investor exception provided.<br>Buyer Comment (XXXX-02-06): Approved exceptions | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Property Located at XXXX XXXX XXXX XXXX and XXXX reflects borrower as the owner however unable to identify if the property is an investment property. As per guide, An experienced real estate investor must have a minimum of 12 months ownership and management of income producing residential or commercial real estate within the past 24 months. Provide updated final 1003 declaring the properties as investment properties or any supporting document that confirms income producing residential or commercial real estate. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | XXXX | Reviewer Comment (XXXX-02-12): Investor exception provided.<br>Buyer Comment (XXXX-02-11): The borrower has purchased XXXX | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | Credit | Document Inventory | General | Document Inventory | Final Inspection / 442 does not reflect all required repairs or property completion requirements. |  | Images on appraisal report shows settlement cracks. Provide form 442 addressing the issue, or any subsequent comment from appraiser stating why issue does not need to be addressed. |  |  |  | Reviewer Comment (XXXX-02-12): Appraiser comment was provided.<br>Buyer Comment (XXXX-02-09): Hi XXXX, I have attached Appraisal report for your review as Appraiser already mentioned on Page 1 under Description that "A settlement crack was observed. Pictures have been provided. The extraordinary assumption was made that none of these were structural. " Please find the attached Appraisal report. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Provided Hazard Insurance Policy reflects annual premium as XXXX / XXXX. Lender has considered XXXX annually / XXXX monthly. Provide supporting document that verifies the hazard insurance premium amount considered by Lender. |  |  |  | Reviewer Comment (XXXX-02-12): Updated HOI provided.<br>Buyer Comment (XXXX-02-09): Good Morning XXXX, Please find the attached Insurance Accord showing the correct premium of XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | Closing Protection Letter not provided. |  |  |  | Reviewer Comment (XXXX-02-12): Received Closing Protection Letter. Exception cleared.<br>Buyer Comment (XXXX-02-10): CPL | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | Require verification for the month due XXXX for REO "XXXX." Creditor: XXXX must be paid till XXXX, per 45 day look back requirement. |  |  |  | Reviewer Comment (XXXX-02-19): Received the credit report supplement.<br>Buyer Comment (XXXX-02-19): credit supplement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Investment property "XXXX" was last purchased on XXXX and not meeting investor experience. Guide require an experienced real estate investor must have a minimum of 12 months ownership and management of income producing residential or commercial real estate within the past 24 months. |  |  |  | Reviewer Comment (XXXX-03-13): Received Updated Final 1003 disclosing the investment property and warranty deed and tax document confirming the ownership. Exception cleared.<br>Buyer Comment (XXXX-03-12): 1003<br>Reviewer Comment (XXXX-03-04): Received Tax bill for Property "XXXX Dr" along with Warranty deed dated 12/XXXX in the name of XXXX LLC where borrower is the owner of the LLC. However this does not confirms the occupancy if the property is an investment or second home. Provide updated final 100 disclosing the property "XXXX Dr" as investment. Exception remains.<br>Buyer Comment (XXXX-03-03): Per Lender: Attached is the Deed & Taxes on a property she has owned since XXXX, and the property has been rented for over 12 months and is currently being rented. The XXXX property taxes are in her company name. I also included that information as well to show that she has owned XXXX<br>Buyer Comment (XXXX-03-03): Tax Bill and Deed<br>Reviewer Comment (XXXX-02-26): Noted. Received Tax bill however the owner information does not match the current borrower info. Provide supporting document that confirms borrower had ownership in the property "XXXX St" for at least 12 months or any other investment property owned in the name of borrower's business along with document confirming borrower has ownership in that business. Exception remains<br>Buyer Comment (XXXX-02-25): Per Lender: I wasn't able to pull the Tax Cert but here is the full XXXX tax bill showing borrower paid taxes. Please let me know if there is anything else I need to do. Thank you.<br>Buyer Comment (XXXX-02-25): Tax Bill<br>Reviewer Comment (XXXX-02-19): Need the Tax Certificate for the Borrowers ancillary property for 12 months seasoning. (investor experience)<br>Buyer Comment (XXXX-02-17): Per Lender: "I see now why they are questioning the letter. It made sense to me when I saw it, but they do not have the full picture that I had. The borrower also owns via her business XXXX another investment free and clear: Tax record attached to show >12 months experience" | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | Approved Lender Exceptions in file from email conversation.<br>1. Tradeline requirement - Borrower has 2 tradelines that are 24 months old, another one where it's an authorized user (24 months old, and one where they are 2 months away from being 24 months old).<br>Review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-18): Investor exception provided.<br>Buyer Comment (XXXX-02-17): Approved exceptions | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. |  | Rent loss coverage not provided - As per guide Rent loss insurance covering a minimum of 6 months is required for the subject property. |  |  |  | Reviewer Comment (XXXX-02-26): HOI provided shows 12 months rent loss coverage.<br>Buyer Comment (XXXX-02-26): See Fair Rental Income page 10. Policy reflects up to 12 months.<br>Reviewer Comment (XXXX-02-25): Required updated HOI policy reflecting minimum 6 months of Rent loss insurance. Exception remains<br>Buyer Comment (XXXX-02-25): jacket for fair rent loss page 10 section D<br>Reviewer Comment (XXXX-02-20): Received same HOI which does not shows Rent loss or Fair Rental Value. Guideline Require for 6 months. Exception Remains<br>Buyer Comment (XXXX-02-19): HOI showing landlord package policy which is giving sufficient coverage | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan. |  | Business Purpose Certificate is required as per guide. |  |  |  | Reviewer Comment (XXXX-02-20): Received BPC. Exception Cleared<br>Buyer Comment (XXXX-02-19): affidavit | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing DocumentXXXXsh-Out Utilization not provided |  | Cash-Out Utilization is missing and is required. |  |  |  | Reviewer Comment (XXXX-02-20): Received BPC. Exception Cleared<br>Buyer Comment (XXXX-02-19): LOE for cash-out utilization | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum - Prepayment is required for the subject property. |  |  |  | Reviewer Comment (XXXX-02-25): Note Addendum - Prepayment is provided. Exception Cleared<br>Buyer Comment (XXXX-02-24): PPP Addendum | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.86 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Approved Lender Exceptions in file from email conversation.<br>1. DSCR of 0.85.<br>Review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-18): Investor exception provided.<br>Buyer Comment (XXXX-02-17): Approved exceptions | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Late Charge | Note Error: Note late charge percentage exceeds maximum per state |  |  |  |  |  | Buyer Comment (XXXX-02-12): Acknowledged as non-material - DSCR transaction. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Required fully executed final Closing Disclosure for property XXXX to use proceeds for closing. |  |  |  | Reviewer Comment (XXXX-02-18): Received Full Executed Final CD for XXXX Exception Cleared<br>Buyer Comment (XXXX-02-17): cd | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The loan file must include documentation detailing the DSCR<br> calculation, such as the 1008, Loan Approval or a DSCR Calculation Worksheet. |  |  |  | Reviewer Comment (XXXX-02-17): DSCR Calculation Worksheet is provided. Exception Cleared<br>Buyer Comment (XXXX-02-17): DSCR Calculation | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | LENDER EXCEPTION is missing but was provided via email for 1st Time Investor. As per Fraud report borrower owns "XXXX" but unable to determine the occupancy as investment. Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-17): Investor exception provided.<br>Buyer Comment (XXXX-02-13): Investor's approval<br>Buyer Comment (XXXX-02-13): Exception request | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Require Condo Warrantable documentation as File does not contain documentation from lender/seller confirming the condo is warrantable. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-17): Investor exception provided<br>Buyer Comment (XXXX-02-17): XXXX exception approvals: 1) 1st time investor 2) less than 600 sq ft (XXXX sq ft) 3) mixed used (12% commercial) 4) investor concentration 83% (XXXX units) 5) single entity ownership at 58% (XXXX units) | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Subject square feet not provided. |  | LENDER EXCEPTION not in file but provided via an email for Square Footage < 750 sq ft. (XXXX sq ft per appraisal). Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-17): Investor exception provided.<br>Buyer Comment (XXXX-02-13): XXXX exception approvals: 1) 1st time investor 2) less than 600 sq ft (XXXX ft) 3) mixed used (12% commercial) 4) investor concentration 83% (XXXX units) 5) single entity ownership at 58% (XXXX units) | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject property valuation indicates Mixed Use/Commercial Property |  | LENDER EXCEPTION not in file but provided via an email for Mixed Use property (12% Commercial). Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-03-03): Cleared and reset new exception that can be waived.<br>Reviewer Comment (XXXX-02-17): Investor exception provided.<br>Buyer Comment (XXXX-02-13): XXXX exception approvals: 1) 1st time investor 2) less than 600 sq ft (XXXX ft) 3) mixed used (12% commercial) 4) investor concentration 83% (XXXX units) 5) single entity ownership at 58% (XXXX units) | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LENDER EXCEPTION not in file but was provided via email for Single Entity Ownership at 58% (XXXX units). Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-17): Investor exception provided.<br>Buyer Comment (XXXX-02-13): XXXX exception approvals: 1) 1st time investor 2) less than 600 sq ft (XXXX ft) 3) mixed used (12% commercial) 4) investor concentration 83% (XXXX units) 5) single entity ownership at 58% (XXXX units) | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LENDER EXCEPTION not in file but was provided via email for Investor Concentration 83% (XXXX units). Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-02-17): Investor exception provided.<br>Buyer Comment (XXXX-02-13): XXXX exception approvals: 1) 1st time investor 2) less than 600 sq ft (XXXX ft) 3) mixed used (12% commercial) 4) investor concentration 83% (XXXX units) 5) single entity ownership at 58% (XXXX units) | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LENDER EXCEPTION not in file but provided via an email for Mixed Use property (12% Commercial). Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. |  | XXXX | Reviewer Comment (XXXX-03-03): Investor exception provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A C |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | Unapproved Lender Exception Requested: We are requesting an exception for the XXXX report score of 44. Compensating Factors: reserves and Credit. Lender to confirm acceptance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-24): Investor exception provided.<br>Buyer Comment (XXXX-02-23): Approved exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.02 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.25. | As per Guide - Short Term Rental Income: Purchase: Allowed with DSCR >=1.25.<br> Subject has DSCR ratio of 1.01 which does not meet the guides requirement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-24): Investor exception provided.<br>Buyer Comment (XXXX-02-23): Approved exception | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review |  |  |  |  |  | Reviewer Comment (XXXX-02-03): Client accepts. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Enhanced diligence review is being conducted on this loan. |  |  |  |  |  | Reviewer Comment (XXXX-02-03): Client accepts. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | General | Guideline | DSCR does not meet guideline requirements. |  | Unapproved Lender Exception Requesting to proceed with a unique property type. Subject property with XXXX Sq ft with XXXX bedrooms and XXXX baths. Appraiser comments: The subjects XXXX bedroom XXXX bathrooms, kitchen and dining area with minimal communal space is atypical for a residential property; however, the floor plan can be returned to a more typical residential floor plan with minimal work. The removal of partition walls to convert bedrooms back to communal living spaces is easily accomplished. A downward XXXX adjustment to reflect a "cost to cure" pg # 22 of 31 for addl comments.<br> Compensating factors: DSCR = 2.134 per 12 month look back for short term rents avg = XXXX8. LTV = 74.526%. Borrower is an experienced borrower with several properties. Please review for acceptance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 8 vs 3 | XXXX | Reviewer Comment (XXXX-02-18): Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-02-18): Flipping XXXX for re-review. Per client Ok to downgrade/waive as investor LS accepts.<br>Buyer Comment (XXXX-02-17): XXXX is XXXX, DSCR XXXX guidelines.<br>Buyer Comment (XXXX-02-17): Please move the loan XXXX.<br>Reviewer Comment (XXXX-02-11): Loan moving XXXX<br>Buyer Comment (XXXX-02-10): Loan to be moving to XXXX<br>Buyer Comment (XXXX-02-10): investor exception approval; STR ok | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing third party verification (city, county, etc.) required to confirm short term rentals are legally permissible and licensed where applicable |  |  |  | Reviewer Comment (XXXX-02-06): third party verification received. Exception cleared.<br>Buyer Comment (XXXX-02-05): Here you go | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower |  | Loan reviewed to XXXX DSCR dated XXXX that were available as XXXX not available. Per XXXX matrix #v Short Term Rental Income not allowed on refinance. Subject loan is a R/T refi. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 8 vs 3 | XXXX | Reviewer Comment (XXXX-02-24): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-02-24): Exception<br>Reviewer Comment (XXXX-02-24): Morning, we adjusted LAS to reflect reviewed to XXXX as requested by XXXX during flip process. <br>Per #13 LS matrix, short term rental not allowed. <br>Investor exception to waive would be required.<br>Buyer Comment (XXXX-02-24): Loan was flip. Please clear. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Rate/Term | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX XXXX LLC | For loans vested in an entity, a report such as XXXXXXXX XXXX Business Report or similar is required for the entity |  |  |  | Reviewer Comment (XXXX-02-25): Fraud report for the entity received. Exception cleared.<br>Buyer Comment (XXXX-02-24): Fraud Report on Entity | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | Valuation Type: Appraisal / Valuation Report Date: XXXX | As per 1008 Subject Property mentioned as Non-warrantable Condo and Provided Project review noted warrantable ineligible from FHLMC/XXXX and file has reviewed as per Non-warrantable Condo guideline. All Non-warrantable condo requirement mentioned in Guideline are met as per Document (D0016), Lender to confirm Non-Warrantable acceptance or require Project approval for Warrantable review. |  |  |  | Reviewer Comment (XXXX-02-25): Noted. Lender confirmed Property is non-warrantable. Exception cleared.<br>Buyer Comment (XXXX-02-25): Lender confirm Property is non-warrantable. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Provide updated Certificate of Good standing as available copy is not within 90 days of Note date per guides. |  |  |  | Reviewer Comment (XXXX-02-27): received Certificate of Good Standing which is within 90 days of the Note date. Exception cleared.<br>Buyer Comment (XXXX-02-26): Please see the attached updated COGS | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor Agreement is missing in file for both guarantors. |  |  |  | Reviewer Comment (XXXX-03-05): Received Guarantor Agreement for both guarantors. Exception cleared.<br>Buyer Comment (XXXX-03-04): Guarantor Agreement-XXXX<br>Buyer Comment (XXXX-03-04): Please see the attached Guarantor Agreements-XXXX | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | "Other" housing history reflects lates that do not meet guidelines. |  | Lender exception request form is available in file for lack of current housing with compensating factor: DSCR 1.69, Low LTV and, Credit score. Not signed and dated as approved. Review for acceptance and downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-02-26): Investor exception provided.<br>Buyer Comment (XXXX-02-24): Investor exception approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX, LLC, a XXXX Limited Liability Company | The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity. Required Business Fraud reports of "XXXX, LLC" from one of the following agencies: XXXX XXXX, XXXX |  |  |  | Reviewer Comment (XXXX-03-03): Fraud report reflects borrower 2 as "XXXX, LLC". Exception Cleared<br>Buyer Comment (XXXX-03-02): Fraud report | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. |  | Borrower is paying rent for past 7 months at the current address (XXXX) and prior to this was paying on rent at XXXX but there is no supporting document of the rent payment. Require rental verification a standard VOR completed by a professional management company or 12 months bank statements or canceled checks and a lease agreement to document the term and payment are required. |  |  |  | Reviewer Comment (XXXX-03-03): Bank statement is provided XXXX reflecting monthly rent coming out. Exception Cleared<br>Buyer Comment (XXXX-03-02): 12 mos. bank stmts showing rent payments uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Red flag warning list hit. | Additional review of county required.<br>Security Instrument County: XXXX. | XXXX: properties located in XXXX are not allowed as per guide. |  |  |  | Reviewer Comment (XXXX-03-06): Cleared<br>Buyer Comment (XXXX-03-04): Recon within tolerance | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 679 is less than Guideline representative FICO score of 680. | Representative FICO score of 679 is less than Guideline representative FICO score of 680. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.23 is greater than the minimum required DSCR of 1.00. | XXXX | Reviewer Comment (XXXX-02-26): Investor exception provided.<br>Buyer Comment (XXXX-02-25): exception approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | State Late Charge | Note Error: Note late charge percentage exceeds maximum per state |  | Note late charge percentage exceeds maximum per state |  |  |  | Buyer Comment (XXXX-02-25): Acknowledged non-material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Executed Guarantor Agreement is missing |  |  |  | Reviewer Comment (XXXX-03-04): Received executed Guarantor Agreement. Exception cleared.<br>Buyer Comment (XXXX-03-03): Guaranty Agreement | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security instrument submitted in the file must be a true and certified stamped copy of the original recorded security instrument. |  |  |  | Reviewer Comment (XXXX-03-03): Cleared based on client directive. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan. |  | Required Business Purpose Certificate with borrower initial certifying property is not and will be occupied by me or any family member. |  |  |  | Reviewer Comment (XXXX-03-06): Received Complete BPC. exception Cleared<br>Buyer Comment (XXXX-03-05): Business Purpose Certificate | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | Security instrument submitted in the file must be a true and certified stamped copy of the original recorded security instrument. |  |  |  | Reviewer Comment (XXXX-03-03): Cleared based on client directive. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Refinance - Rate/Term | D A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible Property Type per the guidelines. |  | Zoning Description Rural Residential. Per guidelines Rural zoned properties ineligible. | Borrower has owned the subject property for at least 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 80 vs | XXXX | Reviewer Comment (XXXX-03-04): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-03-04): Please move the loan XXXX. Seller has accepted the pricing. Guide XXXX<br>Reviewer Comment (XXXX-03-04): Re-open. Property has horse stables. Exception is from LS , Loan be moved XXXX.<br>Reviewer Comment (XXXX-03-04): Investor exception provided.<br>Buyer Comment (XXXX-03-04): Investor-approved exception for Rural Residential zoning with horse stables on the property, | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Enhanced diligence review is being conducted on this loan. |  |  |  |  |  | Reviewer Comment (XXXX-02-19): Client accepts. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject use is illegal for zoning. |  | Guides do not allow commercial zoning | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | 110 vs 6 | XXXX | Reviewer Comment (XXXX-03-05): See other exception. Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-02-23): Loan will still be moving to XXXX<br>Buyer Comment (XXXX-02-23): updated investor approval with FICO<br>Reviewer Comment (XXXX-02-23): Waiting on direction to move loan.<br>Buyer Comment (XXXX-02-20): Loan to be moving to XXXX<br>Buyer Comment (XXXX-02-20): investor exception approval | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower |  | Guides do not allow commercial zoning | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | 110 vs 6 | XXXX | Reviewer Comment (XXXX-03-05): See other exception. Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-03-05): .<br>Reviewer Comment (XXXX-03-05): Downgraded under other exception.<br>Buyer Comment (XXXX-03-05): LS accepts please down grade and waive.<br>Reviewer Comment (XXXX-03-04): Guides do not allow commercial zoning | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 696 is less than Guideline representative FICO score of 700. | Re-reviewed XXXX guides, minimum credit score 700 not met. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | 110 vs 6 | XXXX | Reviewer Comment (XXXX-03-05): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-03-05): LS accepted the 696 credit score. Please waive and downgrade. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX | XXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Guideline Issue: Property type not allowed per credit guidelines |  | Commercial zoning not allowed per guides | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | 110 vs 6 | XXXX | Reviewer Comment (XXXX-03-05): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Loan does not meet guideline requirements regarding non-arm's length transactions. |  | Non-arm's are not allowed on investment properties. Per appraisal, non-arm's length transaction. 1003 reflects no family relationship or business affiliation with seller. Provide LOX disclosing relationship. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 19 vs 3 | XXXX | Reviewer Comment (XXXX-03-06): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-03-05): Please move the loan XXXX. Review to XXXX DSCR XXXX<br>Buyer Comment (XXXX-03-05): XXXX has approved the exception for non-arm's length. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | The appraisal revealed property damage. | Valuation Type: Appraisal / Valuation Report Date: XXXX | Appraiser to provide cost to cure for hole in family room and peeling paint. |  |  |  | Reviewer Comment (XXXX-01-12): Cost to cure provided on appraisal. cleared<br>Buyer Comment (XXXX-01-09): No improvements are to be made. Only require a cost to cure to be added.<br>Reviewer Comment (XXXX-01-08): Same appraisal report provided, no improvements been made. Exception remains<br>Buyer Comment (XXXX-01-07): Updated appraisal see page 1 of 6 for comment. page 5 of 40 of the PDF | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Re-review from XXXX using different guides. Missing - Loan file must include documentation detailing the DSCR calculation |  |  |  | Reviewer Comment (XXXX-03-12): DSCR calc provided.<br>Buyer Comment (XXXX-03-11): DSCR worksheet | XXXX | XXXX | XXXX | 1 C A D | XXXX | XXXX | Investment | Purchase | D B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Require CPA Impact letter confirming that the use of business funds, from XXXX will not negatively impact the business. |  |  |  | Reviewer Comment (XXXX-02-04): Provided.<br>Buyer Comment (XXXX-02-04): Attached is the updated cash flow analysis<br>Reviewer Comment (XXXX-02-03): Provided CPA letter is from underwriting manager, required CPA letter confirming that the use of business funds, from XXXX Business bank account ending with #XXXX will not negatively impact the business. Exception Remains<br>Buyer Comment (XXXX-02-03): Disregard upload, doesn't meet requirements<br>Buyer Comment (XXXX-02-03)XXXXsh Flow Analysis<br>Reviewer Comment (XXXX-01-30): Since the account XXXX operated under same business "XXXX LLC" require CPA / CFA document to confirm that the withdrawal will not negatively impact the business. exception remains.<br>Buyer Comment (XXXX-01-28)XXXXsh Flow<br>Buyer Comment (XXXX-01-28)XXXXsh Flow Analysis for business funds<br>Reviewer Comment (XXXX-01-28): No document received. exception remains.<br>Buyer Comment (XXXX-01-28): VOA from seller<br>Buyer Comment (XXXX-01-28): Email LOX from seller | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | "Other" housing history reflects lates that do not meet guidelines. |  | Provide updated mortgage history for Borrower's previous primary address XXXX and last paid installment as per mortgage statement is XXXX which is the statement date and 45 days have elapsed since the last paid installment date prior to closing also unable to verify by bank statement for the payment date of mortgage. |  |  |  | Reviewer Comment (XXXX-12-18): Received Credit supplement confirmed Mortgage # XXXX till XXXX. Exception Cleared<br>Buyer Comment (XXXX-12-17): Credit Supp | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | The file was missing a copy of the Settlement Service Provider List disclosure provided to the borrower within three business days of the Originator's application date. |  |  |  | Reviewer Comment (XXXX-01-07): XXXX received updated Settlement Service Provider List. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) | E-Sign Consent dated XXXX not delivered within (3) business days of application. |  |  |  | Reviewer Comment (XXXX-12-15): XXXX received updated E-sign Consent agreement with eConsent accepted by borrower on XXXX.<br>Buyer Comment (XXXX-12-12): Ecosent | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Missing a valid Change of Circumstance for the increase in Title fees. Insufficient or no cure was provided to the borrower. |  |  |  | Reviewer Comment (XXXX-01-07): XXXX received updated SSPL, the consumer was shopped for the services, and the title fees are not bound by a tolerance.<br>Buyer Comment (XXXX-01-07): Please re-review - The SSPL lists XXXX - the 10% fees are paid to another provider of the borrower's choosing. No (unlimited) Tolerance should apply to these fees - please cancel or provide further details.<br>Reviewer Comment (XXXX-12-18): Noted SSPL. Borrower did shop the services off the SSPL provided. total of all such fees goes over 10%, lender to refund the difference to the borrower at closing. 10% Tolerance fee (Title - Endorsement Fee , Title - Abstract / Title Search, Title - Settlement / Closing / Escrow Fee & Title - Recording Service Fee) have been increased to XXXX from XXXX + 10% tolerance gives XXXX. (total increase XXXX). exception remain.<br>Buyer Comment (XXXX-12-17): SSPL<br>Reviewer Comment (XXXX-12-15): XXXX is unable to determine from the file whether the borrower shopped for service. The file does not contain a "SSPL". Tolerance category will be reevaluated when SPPL is received.<br>Buyer Comment (XXXX-12-12): COCs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Collateral Desktop Analysis Fee was disclosed as XXXX on initial LE and XXXX on Final CD. No valid COC provided in file. Evidence of cure not provided in file. |  |  |  | Reviewer Comment (XXXX-01-14): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.<br>Buyer Comment (XXXX-01-13): LOE, PCCD, refund check and shipping label<br>Reviewer Comment (XXXX-01-13): XXXX received corrected PCCD, LOE, Copy of refund check and shipping label. However, XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Buyer Comment (XXXX-01-12): LOE, PCCD, refund check and shipping label<br>Reviewer Comment (XXXX-01-07): XXXX received valid COC, however, appraisal and SSR report with provided disclosure completed on XXXX, but the CDA review fee was not added until XXXX. This is outside of the required three-day timeline for notification of borrower. Moreover, provided SSR report indicates CU score less than 2.5. If there was an additional reason the fee was added we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure.<br>Buyer Comment (XXXX-01-07): COC<br>Reviewer Comment (XXXX-12-15): XXXX received updated LE and Changed Circumstance dated XXXX. but it does not give sufficient information on why the CDA fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.<br>Buyer Comment (XXXX-12-12): Please see uploaded XXXX COC | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Credit related |  |  |  | Reviewer Comment (XXXX-01-08): Received Business website demonstrating activity supporting current business operations after the Note Date but prior to XXXX purchase. Exception Cleared.<br>Buyer Comment (XXXX-01-08): Business information<br>Reviewer Comment (XXXX-12-16): Noted the Business SOS search which reflects business is active however as per guide following are the additional requirement as follows and require any one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. exception remains.<br>Buyer Comment (XXXX-12-12): Updated business license | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Telephone Listing / Internet Search / Directory Assistance | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-01-08): Received Business website demonstrating activity supporting current business operations after the Note Date but prior to XXXX purchase. Exception Cleared.<br>Buyer Comment (XXXX-01-08): Business verification<br>Reviewer Comment (XXXX-12-16): Noted the Business SOS search which reflects business is active however as per guide following are the additional requirement as follows and require any one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. exception remains.<br>Buyer Comment (XXXX-12-12): Updated business license | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-01-08): Received Business website demonstrating activity supporting current business operations after the Note Date but prior to XXXX purchase. Exception Cleared.<br>Buyer Comment (XXXX-01-08): Business verification<br>Reviewer Comment (XXXX-12-16): Noted the Business SOS search which reflects business is active however as per guide following are the additional requirement as follows and require any one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. exception remains.<br>Buyer Comment (XXXX-12-12): Updated business license | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-01-08): Received Business website demonstrating activity supporting current business operations after the Note Date but prior to XXXX purchase. Exception Cleared.<br>Buyer Comment (XXXX-01-08): Business verification<br>Reviewer Comment (XXXX-12-16): Noted the Business SOS search which reflects business is active however as per guide following are the additional requirement as follows and require any one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. exception remains.<br>Buyer Comment (XXXX-12-12): Updated business license | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: XXXX; Lien Position: 1 | CU Score 3.4 so a CDA is required. Missing CDA. |  |  |  | Reviewer Comment (XXXX-01-13): Received Updated appraisal report with addressing Declining statement reported in CDA. Exception Cleared<br>Buyer Comment (XXXX-01-12): updated appraisal<br>Reviewer Comment (XXXX-12-23): Received CDA however per CDA Market value is declining, Require primary appraiser to address the declining statement noted in CDA. Exception Remains<br>Buyer Comment (XXXX-12-22): CDA | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XXXX | Missing fraud report |  |  |  | Reviewer Comment (XXXX-12-17): Noted Fraud report. exception cleared.<br>Buyer Comment (XXXX-12-15): fraud rpt | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | ECOA Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | File is missing Right to Receive Copy of Appraisal |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Please see page 3 of uploaded initial LE | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Purchase | Good faith redisclosure D B C A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  |  | Reviewer Comment (XXXX-12-16): Homeowner Counseling List disclosure provided. Exception Cleared<br>Buyer Comment (XXXX-12-12): Counseling List | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after XXXX, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to XXXX may be required. | File is missing the required Loan Estimate. Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Initial and re-disclosed LE's | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Cure provided at closing. This exception will be cleared when all other tolerance issues have been resolved. |  |  |  | Reviewer Comment (XXXX-12-22): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.<br>Buyer Comment (XXXX-12-19): Please see uploaded SSPL and cure on final CD for transfer taxes<br>Reviewer Comment (XXXX-12-15): XXXX Cure provided on Final CD is XXXX and required cure amount is XXXX for transfer tax and 10% tolerance title fees. File is missing Settlement service provider list. Exception will be reevaluated once settlement service provider list is provided.<br>Buyer Comment (XXXX-12-12): CD and COC uploaded<br>Buyer Comment (XXXX-12-12): Please see uploaded LE and COC | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | 10% tolerance was exceeded by XXXX due to increase of XXXX Recording fee. No valid COC provided in file. Insufficient Evidence of cure provided in file. Missing LE, Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-22): XXXX Received SSPL and borrower within tolerance limit.<br>Buyer Comment (XXXX-12-19): SSPL<br>Reviewer Comment (XXXX-12-15): XXXX Cure provided on Final CD is XXXX and required cure amount is XXXX.10 for transfer tax and 10% tolerance title fees. File is missing Settlement service provider list. Exception will be reevaluated once settlement service provider list is provided.<br>Buyer Comment (XXXX-12-12): CDs and COCs | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Settlement / Closing / Escrow Fee was disclosed as XXXX on initial CD and XXXX on Final CD. No valid COC provided in file. Insufficient Evidence of cure provided in file. Missing LE, Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Please see uploaded LE's, CDs and COC's | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Recording Service Fee was disclosed as XXXX on initial CD and XXXX on Final CD. No valid COC provided in file. Insufficient Evidence of cure provided in file. Missing LE, Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Please see uploaded LE's, CDs and COC's | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Endorsement Fee was disclosed as XXXX on initial CD and XXXX on Final CD. No valid COC provided in file. Insufficient Evidence of cure provided in file. Missing LE, Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Please see uploaded LE's, CDs and COC's | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Title - Notary Fee was disclosed as XXXX on initial CD and XXXX on Final CD. No valid COC provided in file. Insufficient Evidence of cure provided in file. Missing LE, Subject to further TRID testing |  |  |  | Reviewer Comment (XXXX-12-15): XXXX Received copy of Initial LE.<br>Buyer Comment (XXXX-12-12): Please see uploaded LE's, CDs and COC's | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Require Initial 1003 document as it is missing in file. |  |  |  | Reviewer Comment (XXXX-12-16): Received Initial 1003. Exception Cleared<br>Buyer Comment (XXXX-12-12): 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Require CPA Impact letter confirming that the use of business funds, from The XXXX XXXX business bank account ending with #XXXX will not negatively impact the business. |  |  |  | Reviewer Comment (XXXX-12-23): Received CPA letter confirmed no negative impact for using business funds. Exception Cleared<br>Buyer Comment (XXXX-12-22): CPA letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-12-23): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (XXXX-12-22): please review | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation B C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation the required Verification of Business document required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. |  |  |  | Reviewer Comment (XXXX-12-23): All Open Income/Asset ATR Exception has been cleared. Exception Cleared<br>Buyer Comment (XXXX-12-22): please review | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Missing evidence of Borrower's business ownership percentage must be at least 25%.<br>Credit related |  |  |  | Reviewer Comment (XXXX-12-23): Received CPA Confirmed Borrower Ownership 100% . Exception Cleared<br>Buyer Comment (XXXX-12-22): cpa letter<br>Buyer Comment (XXXX-12-22): business record details | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | Missing evidence of Borrower's business ownership percentage must be at least 25%.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-12-23): Received CPA Confirmed Borrower Ownership 100% . Exception Cleared<br>Buyer Comment (XXXX-12-22): cpa letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Second Home | Purchase | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | XXXX Please provide Settlement service provider list. |  |  |  | Reviewer Comment (XXXX-12-22): XXXX Received Settlement service provider list dated XXXX. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Purchase | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-12-22): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | CDA fee was added post close. |  |  |  | Reviewer Comment (XXXX-02-26): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Buyer Comment (XXXX-02-25): LOE, PCCD, refund check and tracking attached<br>Reviewer Comment (XXXX-02-24): XXXX received rebuttal comment confirming CDA was never charged. Please provide a corrected PCCD and LOE to borrower removing the fee.<br>Buyer Comment (XXXX-02-23): Fee added to PCCD in error, per Lender: "There was a gliche in Encompass, and we had put a ticket into our matchbox team, as it was adding CDA fees, to certain loans and that is what happened on this loan. It was never a charge. Please advise." | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points Fee was disclosed as XXXX on initial LE and XXXX on Final CD. No sufficient cure provided. |  |  |  | Reviewer Comment (XXXX-12-08): XXXX Received earliest E-Consent dated XXXX.<br>Buyer Comment (XXXX-12-05): LE and COC | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XXXX) | E-sign Consent agreement is not within 3 days of application date. |  |  |  | Reviewer Comment (XXXX-12-08): XXXX Received earliest E-Consent dated XXXX.<br>Buyer Comment (XXXX-12-05): E-consent XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Housing history reflects lates that do not meet guidelines. | Credit Report: Original // XXXX XXXX Housing history reflects a total of 1 reported late payments. | XXXX requires a 12-month housing history on the subject property, primary residence and all additional financed properties. All payment histories must reflect 0X30. <br> XXXX #XXXX. This mortgage was paid n full XXXX. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 57% vs 80% | XXXX | Reviewer Comment (XXXX-12-19): Investor approved exception, waived with compensating factors.<br>Reviewer Comment (XXXX-12-19): Loan moved from XXXX per client lender approved exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.55 is less than Guideline PITIA months reserves of 6.00. | Re-reviewed XXXX guides, 6 months reserves required vs 4.55 documented |  |  |  | Reviewer Comment (XXXX-02-03): Received UW cash flow analysis confirming withdrawal of funds from business will not negatively impact the business. Exception cleared.<br>Buyer Comment (XXXX-02-03): Disregard upload, it doesn't meet requirements<br>Buyer Comment (XXXX-02-03)XXXXsh flow analysis from seller<br>Reviewer Comment (XXXX-02-02): Gift funds cannot used to meet Reserve Requirement per Guideline. XXXX Checking # XXXX XXXX0 Does not meet 6 months Requirement. Business fund # XXXX available, however per Guideline "Funds from a business account (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXX guidance for cash flow analysis) may be used for reserves. Exception Remains<br>Buyer Comment (XXXX-01-29): Seller LOX stating funds to close from gift funds<br>Reviewer Comment (XXXX-01-07): Noted business account XXXX XXXX and as per guide if we utilize the funds from business then . A signed letter from the CPA/Tax Preparer or an underwriter cash flow analysis is required to confirm that the withdrawal will not negatively impact the business. exception remains.<br>Buyer Comment (XXXX-01-07): Additional XXXX asset<br>Buyer Comment (XXXX-01-07): Updated AUS with additional asset | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-02-03): Received CFA from UW confirming withdrawal of funds will not negatively impact the business. Exception cleared<br>Reviewer Comment (XXXX-02-02): Gift funds cannot used to meet Reserve Requirement per Guideline. XXXX Checking XXXX XXXX0 Does not meet 6 months Requirement. Business fund XXXX available, however per Guideline "Funds from a business account (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXX guidance for cash flow analysis) may be used for reserves. Exception Remains<br>Buyer Comment (XXXX-01-29): see lox upload for gift funds | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-02-03): Received CFA from UW confirming withdrawal of funds will not negatively impact the business. Exception cleared<br>Reviewer Comment (XXXX-02-02): Gift funds cannot used to meet Reserve Requirement per Guideline. XXXX Checking XXXX XXXX0 Does not meet 6 months Requirement. Business fund XXXX available, however per Guideline "Funds from a business account (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXX guidance for cash flow analysis) may be used for reserves. Exception Remains<br>Buyer Comment (XXXX-01-29): see uploaded gift explanation | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy. | Borrower: XXXX | Subject transaction is primary refinance; however, 1003 Declaration page 5A reflects 'Will you occupy the property as your primary residence' as No. Require corrected declaration page. |  |  |  | Reviewer Comment (XXXX-01-21): Updated 1003 is provided with correct declaration section. Exception Cleared<br>Buyer Comment (XXXX-01-21): 1003 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Third Party Verification | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: Document provided is > 10 days. <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Compliance related |  |  |  | Reviewer Comment (XXXX-01-23): Received Internet search / business website for the business as per the guide. Exception cleared.<br>Buyer Comment (XXXX-01-23): Internet Search<br>Reviewer Comment (XXXX-01-21): No Search uploaded yet so we require verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): Internet Search<br>Reviewer Comment (XXXX-01-21): Provided is document is CPA letter, required XXXX purchase is required with one of the following: Document provided is > 10 days. • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): CPA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | As per guidelines require Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: Document provided is > 10 days. <br>• Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations.<br>Credit related |  |  |  | Reviewer Comment (XXXX-01-23): Received Internet search / business website for the business as per the guide. Exception cleared.<br>Buyer Comment (XXXX-01-23): Internet Search Uploaded<br>Reviewer Comment (XXXX-01-21): No Search uploaded yet so we require verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): Search uploaded<br>Reviewer Comment (XXXX-01-21): Provided is document is CPA letter, required XXXX purchase is required with one of the following: Document provided is > 10 days. • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): CPA letter uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Per guidelines, the subject property cannot be greater than 20 acres. |  | Subject Property Area size is XXXX Acres and as per guidelines properties greater than 20 Acres are not eligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 23 vs 6 | XXXX | Reviewer Comment (XXXX-01-22): Investor Accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-01-20): Investor Exception Approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Tangible Net Benefit Disclosure | XXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | XXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. |  |  |  | Reviewer Comment (XXXX-02-20): NTB received. Exception Cleared<br>Buyer Comment (XXXX-02-19): NTB worksheet reflecting "Cash out" benefit | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-01-14): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-01-23): Received Internet search / business website for the business as per the guide. Exception cleared.<br>Buyer Comment (XXXX-01-23): Internet Search Uploaded<br>Reviewer Comment (XXXX-01-21): No Search uploaded yet so we require verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): Search Uploaded<br>Reviewer Comment (XXXX-01-21): Provided is document is CPA letter, required XXXX purchase is required with one of the following: Document provided is > 10 days. • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): CPA letter uploaded | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation the required Verification of Business document required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. |  |  |  | Reviewer Comment (XXXX-01-23): Received Internet search / business website for the business as per the guide. Exception cleared.<br>Buyer Comment (XXXX-01-23): Internet Search Uploaded<br>Reviewer Comment (XXXX-01-21): No Search uploaded yet so we require verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): Search Uploaded<br>Reviewer Comment (XXXX-01-21): Provided is document is CPA letter, required XXXX purchase is required with one of the following: Document provided is > 10 days. • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-01-21): CPA letter uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | State Compliance | Misc. State Level | XXXX Tangible Net Benefit Disclosure Signed by Borrower | XXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not signed by the Borrower prior to closing. | New EV2 Exception due to documentation provided. Borrower signed XXXX worksheet after closing date. |  |  |  | Buyer Comment (XXXX-02-20): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Credit history reflects lates that do not meet guidelines. | Credit Report: Original // Borrower: XXXX XXXX, Credit Report: Original // Borrower: XXXX XXXX Credit history reflects a total of 1 reported late payments.<br> Credit history reflects a total of 1 reported late payments. | Required LOX as per guide for Late payments reflecting in file for credit tradeline XXXX XXXX |  |  |  | Reviewer Comment (XXXX-02-10): LOX is provided for late payments for credit tradeline. Exception Cleared<br>Buyer Comment (XXXX-02-09): Pay history and LOE | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Lender Exception is provided for number of credit tradelines. B1 has one revolving account at > 24 months has installment at 8 months and 3 other revolving accounts at < 24 months. B2 has none over 24 months except for old accounts. Her income is not used to qualify. Compensating Factors: Reserves, good rental history, one isolated late - borrower stated he had thought they had activated auto debit. Low DTI even using 50% expense factor which is inaccurate as corporate XXXX pays almost all expenses prior to sending net operator income. Review for acceptance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least XXXX.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 37 vs 4 | XXXX | Reviewer Comment (XXXX-02-10): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-02-06): Investor Exception Approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. XXXX |  |  |  |  | Reviewer Comment (XXXX-02-03): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood certificate and Replacement Cost Estimator reflects incorrect city name as "XXXX," per note city name is "XXXX". |  |  |  | Reviewer Comment (XXXX-02-09): See new exceptions.<br>Reviewer Comment (XXXX-02-04): Provided Flood Insurance is after the note date, required updated flood insurance document within note date (XXXX). Also, required 1003, PCCD, 1008, First payment letter, Initial Escrow disclosure statement reflecting flood insurance premium amount. Exception remains.<br>Buyer Comment (XXXX-02-03): Flood insurance declarations page<br>Reviewer Comment (XXXX-01-13): Received updated Flood Cert however Property shows in Flood Zone AE. No Flood Insurance used by lender for qualification. Confirm Property is in flood zone or not as appraisal Report noted Flood Zone as X. Exception Remains. additional exception may be added upon receipt of confirmation. Exception Remains<br>Buyer Comment (XXXX-01-12): Flood cert with correction | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Telephone Listing / Internet Search / Directory Assistance | Verification that the business is active and operating no more than 10 calendar days prior to the Note Date is required with one of the following:<br>o Evidence of current work (executed contracts or signed invoices)<br> o Evidence of current business receipts<br> o Business website demonstrating activity supporting current business operations<br>Compliance related | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | 715 vs 660 | XXXX | Reviewer Comment (XXXX-02-09): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-02-09): Non-QM XXXX guidelines, 12 month P & L Program.<br>Buyer Comment (XXXX-02-09): XXXX should be XXXX.<br>Reviewer Comment (XXXX-02-09): Loan moving to XXXX. status has been shows withdrawn. Exception Remains<br>Buyer Comment (XXXX-02-06): Loan to be moving to XXXX<br>Buyer Comment (XXXX-02-06): investor exception approval<br>Reviewer Comment (XXXX-01-15): Received business income receipt dated XXXX which is after note date er Guideline it must be no more than 10 calendar days prior to the Note Date. XXXX statement noted income deposit in XXXX which is not with in 10 Calendar days. Exception Remains<br>Buyer Comment (XXXX-01-14): See uploaded business activity documents | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | Verification that the business is active and operating no more than 10 calendar days prior to the Note Date is required with one of the following:<br>o Evidence of current work (executed contracts or signed invoices)<br> o Evidence of current business receipts<br> o Business website demonstrating activity supporting current business operations<br>Credit related | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | 715 vs 660 | XXXX | Reviewer Comment (XXXX-02-09): Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-02-09): Receipt to FF HI provided dated XXXX<br>Reviewer Comment (XXXX-02-06): Provide Document does not have business name XXXX. Unable to Relate those Website and Receipt belongs to borrower business XXXX. Additionally website page does not have document date to verify. Exception Remains<br>Buyer Comment (XXXX-02-05): Additional receipt. Provided copy of website with receipts<br>Buyer Comment (XXXX-02-05): Copy of website page<br>Reviewer Comment (XXXX-01-15): Received business income receipt dated XXXX which is after note date er Guideline it must be no more than 10 calendar days prior to the Note Date. XXXX statement noted income deposit in XXXX which is not with in 10 Calendar days. Exception Remains<br>Buyer Comment (XXXX-01-14): Business activity documentation | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | GSE | XXXX - 3% Points and Fees | XXXX 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.60895% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total XXXX on a Federal Total Loan Amount of XXXX vs. an investor allowable total of XXXX (an overage of XXXX or .60895%). | EV2 informational |  |  |  | Buyer Comment (XXXX-01-07): Acknowledged non-material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. C B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-02-09): Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-02-06): Provide Document does not have business name XXXX. Unable to Relate those Website and Receipt belongs to borrower business XXXX. Additionally website page does not have document date to verify. Exception Remains<br>Buyer Comment (XXXX-02-05): See upload<br>Reviewer Comment (XXXX-01-15): Received business income receipt dated XXXX which is after note date er Guideline it must be no more than 10 calendar days prior to the Note Date. XXXX statement noted income deposit in XXXX which is not with in 10 Calendar days. Exception Remains<br>Buyer Comment (XXXX-01-14): See uploaded business activity | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Missing self employment documents result in ATR risk. |  |  |  | Reviewer Comment (XXXX-02-09): Investor accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-02-06): Provide Document does not have business name XXXX. Unable to Relate those Website and Receipt belongs to borrower business XXXX. Additionally website page does not have document date to verify. Exception Remains<br>Buyer Comment (XXXX-02-05): See upload<br>Reviewer Comment (XXXX-01-15): Received business income receipt dated XXXX which is after note date er Guideline it must be no more than 10 calendar days prior to the Note Date. XXXX statement noted income deposit in XXXX which is not with in 10 Calendar days. Exception Remains<br>Buyer Comment (XXXX-01-14): See uploaded business activity | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Zip code is blank. |  | Title report reflects incorrect zip code as "XXXX" however as per Note correct zip code is "XXXX". |  |  |  | Reviewer Comment (XXXX-01-13): Updated title received with Correction in Zip code. Exception Cleared<br>Buyer Comment (XXXX-01-12): Title report with zip | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.47 is less than Guideline PITIA months reserves of 6.00. | Re-reviewed to XXXX, 6 months required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | 715 vs 660 | XXXX | Reviewer Comment (XXXX-02-09): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Flood | Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone | Loan originated post XXXX XXXX, the subject property is in a flood zone, flood insurance is not escrowed. | Initial Flood Cert is dated XXXX and reflects zone AE, subsequent cert dated XXXX reflects zone X, then new flood cert is dated post closing XXXX reflecting zone AE with an unsigned Notce of flood zone dated XXXX. |  |  |  | Reviewer Comment (XXXX-02-13): First payment letter, PCCD, IEADS, LOE provided.<br>Buyer Comment (XXXX-02-11): Flood policy<br>Buyer Comment (XXXX-02-11): LOE<br>Buyer Comment (XXXX-02-11): First payment letter, PCCD and IEADS | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Purchase | Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - XXXX 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on XXXX are underdisclosed. (Final/XXXX) | Initial Flood Cert is dated XXXX and reflects zone AE, subsequent cert dated XXXX reflects zone X, then new flood cert is dated post closing XXXX reflecting zone AE with an unsigned Notice of flood zone dated XXXX. Revised CD not provided and no flood insurance is present. |  |  |  | Reviewer Comment (XXXX-02-13): XXXX received Letter of Explanation & Corrected Closing Disclosure.<br>Buyer Comment (XXXX-02-11): Please see uploaded IEADS, Post CD and LOE | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Flood Insurance Policy Effective Date XXXX, Note Date XXXX | Initial Flood Cert is dated XXXX and reflects zone AE, subsequent cert dated XXXX reflects zone X, then new flood cert is dated post closing XXXX reflecting zone AE with an unsigned Notice of flood zone dated XXXX. Policy is dated post-closing. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX. | 715 vs 660 | XXXX | Reviewer Comment (XXXX-02-26): Investor exception provided. LOX from borrower provided.<br>Buyer Comment (XXXX-02-25): Letter from borrower certifying no flood occurred.<br>Reviewer Comment (XXXX-02-19): Exception can be downgraded with a LOX from the Borrower indicating no flood. (per exception notes)<br>Buyer Comment (XXXX-02-18): investor exception approval - investor requiring a signed LOX from the borrower stating no flood occurred while coverage lapsed<br>Reviewer Comment (XXXX-02-13): Due to gap in coverage due to delayed policy inception date, investor to weigh in on acceptance.<br>Buyer Comment (XXXX-02-11): Copy of flood insurance, IEADS, first payment letter, updated 1003 and 1008 | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. | Initial Flood Cert is dated XXXX and reflects zone AE, subsequent cert dated XXXX reflects zone X, then new flood cert is dated post closing XXXX reflecting zone AE with an unsigned Notice of flood zone dated XXXX. Revised CD not provided and no flood insurance is present. |  |  |  | Buyer Comment (XXXX-02-12): Acknowledged non material EV2<br>Buyer Comment (XXXX-02-12): LOE | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Initial Flood Cert is dated XXXX and reflects zone AE, subsequent cert dated XXXX reflects zone X, then new flood cert is dated post closing XXXX reflecting zone AE with an unsigned Notice of flood zone dated XXXX. Revised CD not provided and no flood insurance is present. |  |  |  | Buyer Comment (XXXX-02-12): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (XXXX/XXXX) |  |  |  |  | Reviewer Comment (XXXX-02-13): Flood insurance added post closing. | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment Underdisclosed Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. (Final/XXXX) | PCCD and LOX received. |  |  |  | Reviewer Comment (XXXX-02-13): Flood insurance added post closing.<br>Buyer Comment (XXXX-02-13): Exception information states that the PCCD and LOE was received - Please advise what is needed to clear this? | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error and Corrected CD B A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | This is due to post close addition of flood insurance to escrow calcs along with post close IEADS, This is an EV2 informational exception and may be waived. |  |  |  | Buyer Comment (XXXX-02-17): Acknowledged non material EV2. IEADS at closing incorrect, correct IEADS provided. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Purchase | If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.<br> If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required. B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX XXXX Third Party Verification<br> Third Party Verification | XXXX LLC: Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices) <br> • Evidence of current business receipts <br> • Business website demonstrating activity supporting current business operations. |  |  |  | Reviewer Comment (XXXX-02-25): Received Business invoiced As business verification. Exception Cleared<br>Buyer Comment (XXXX-02-25): Invoice from XXXX showing business active within 10 days of closing | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus 10% or XXXX. Sufficient or excess cure was provided to the borrower at Closing. (0) |  |  |  |  | Reviewer Comment (XXXX-02-12): Sufficient Cure Provided At Closing | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Refinance - Cash-out - Other | Final CD evidences Cure A | N/A | N/A | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Need Flood Cert with updated City name as XXXX |  |  |  | Reviewer Comment (XXXX-02-25): Updated Flood certificate is provided with correct subject property address. Exception Cleared<br>Buyer Comment (XXXX-02-25): flood cert | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: CPA Letter not provided |  | XXXX, Inc.: As per received CPA letter, borrower is owner/president. However, ownership % is not provided. The ownership percentage must be verified via a CPA/Tax Preparer, Operating Agreement or equivalent. CPA Letter marked missing for the same. |  |  |  | Reviewer Comment (XXXX-02-25): CPA letter is provided with ownership percentage of XXXX, Inc. Exception Cleared<br>Buyer Comment (XXXX-02-25): CPA Letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX CPA Letter, Third Party Verification | XXXX, Inc. Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following. Third Party Verification marked missing for the same.<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. - Credit related |  |  |  | Reviewer Comment (XXXX-03-03): Income documents attached.<br>Buyer Comment (XXXX-02-27): invoices | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-03-03): Income documents attached.<br>Buyer Comment (XXXX-02-27): see invoices | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-03-03): Income documents attached.<br>Buyer Comment (XXXX-02-27): see invoices | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Document "Loan Underwriting and Transmittal Summary (1008) / MCAW" is missing. |  | Need 1008 with updated City name as XXXX and zip code as XXXX. |  |  |  | Reviewer Comment (XXXX-02-23): Received updated 1008 with correction city and Zip code per note. Exception Cleared<br>Buyer Comment (XXXX-02-20): 1008 | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Hazard Insurance Policy Effective Date XXXX, whereas note date is XXXX. Please provide previous hazard insurance covering period from Note date to new policy effective date i.e. XXXX. |  |  |  | Reviewer Comment (XXXX-02-23): Received Previous HOI. Exception cleared<br>Buyer Comment (XXXX-02-20): hazard | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XXXX | Borrowers have Fraud alerts on credit, missing verification of how Lender verified borrowers' identity. |  |  |  | Reviewer Comment (XXXX-02-23): LOX provided.<br>Buyer Comment (XXXX-02-20): LOX | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points Fee was disclosed as XXXX on Initial LE and XXXX7.50 on Final CD. No Evidence of cure and no valid COC |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received valid COC dated XXXX<br>Buyer Comment (XXXX-03-04): COC - Per lender : "A valid COC CD was issued on XXXX when the borrower requested a rate change and waived escrows. The discount points reflect the rate repricing tied to that" | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Appraisal Fee was disclosed as XXXX on Initial LE and XXXX on Final CD. No Evidence of cure and no valid COC provided in file COC for increase dated XXXX new fee disclosed XXXX |  |  |  | Reviewer Comment (XXXX-03-06): XXXX received e-consent dated XXXX<br>Buyer Comment (XXXX-03-04): Earliest Econsent<br>Reviewer Comment (XXXX-02-27): XXXX Received COC and LE dated XXXX; however, COC cannot be applied as earliest E-Consent dated XXXX is after COC date. Provide earliest E-Consent prior to COC date.<br>Buyer Comment (XXXX-02-26): COC | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Housing history reflects lates that do not meet guidelines |  | 2nd lien with XXXX #XXXX, 29 months paid till XXXX as per Credit report, no delinquency noted + XXXX as per mtg stmt , missing payment document for XXXX.<br> Private mortgage reflecting in final CD XXXX.<br> 1. The privately held mortgage payments must be verified with either<br> cancelled checks or bank statements (if the payment is automatically<br> withdrawn from the borrower's account).<br> 2. Evidence must be included in the loan file that the lien being paid off is<br> a current recorded lien against the subject property |  |  |  | Reviewer Comment (XXXX-03-05): Received VOM from Bank (XXXX) XXXX confirming next due is XXXX. Exception cleared.<br>Buyer Comment (XXXX-03-04): VOM on XXXX XXXX HELOC<br>Reviewer Comment (XXXX-03-03): Received VOM from XXXX Bank with unpaid balance XXXX confirming next due as XXXX. However lien with XXXX #XXXX Unpaid balance as XXXX is paid until 08/XXXX. Also borrower is refinancing a privately held mortgage and as per guide The privately held mortgage payments must be verified with either cancelled checks or bank statements for 12 months. Exception remains.<br>Buyer Comment (XXXX-02-27): Corrected VOM<br>Reviewer Comment (XXXX-02-25): 2nd lien with XXXX XXXX, 29 months paid till XXXX as per Credit report + XXXX as per mtg stmt , missing payment document for XXXX, XXXX. Exception remains<br>Buyer Comment (XXXX-02-25): Alonge and VOM<br>Buyer Comment (XXXX-02-24): VOM & Allonge showing XXXX XXXX is a bank | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: AUS not provided |  | XXXX XXXX loans require AUS and it was not provided. 1008 reflects Manual Underwriting. |  |  |  | Reviewer Comment (XXXX-09-22): Received AUS and uploaded the same accordingly. Exception Cleared.<br>Buyer Comment (XXXX-09-19): AUS | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Purchase Agreement/Sales Contract is missing and is required. |  |  |  | Reviewer Comment (XXXX-09-22): Received buyer and seller signed Purchase agreement and associated the same accordingly. Exception Cleared.<br>Buyer Comment (XXXX-09-19): Purchase agreement | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Tax amount captured as per final 1003/CD however, Tax Certificate for the subject property is missing and is required, Provide documentation to support the amount of XXXX/month or XXXX annually. |  |  |  | Reviewer Comment (XXXX-11-07): Received Tax cert. lender used Paid amount for qualification. Exception Cleared<br>Buyer Comment (XXXX-11-05): See Tax Bill showing XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower is staying on XXXX years however, file is missing supporting document for housing history, require VOR/VOM. |  |  |  | Reviewer Comment (XXXX-09-23): Noted. Reviewed credit report and confirmed that the mortgage with XXXX is been paid as pf 03/XXXX and the same is reflecting on the statement provided. Exception Cleared<br>Buyer Comment (XXXX-09-22): HELOC does not reflect a monthly payment because there is a zero balanceXXXX<br>Reviewer Comment (XXXX-09-22): Received HELOC statement however statement does not reflect the monthly payment. Also Required Verification of Mortgage with XXXX XXXX as per guide. Exception remains<br>Buyer Comment (XXXX-09-19): See XXXX HELOC STMT , Taxes & HOI documents - not escrowed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of XXXX is less than Cash From Borrower XXXX. | Asset documentation is missing and is required to meet the Cash to close and reserves requirement. |  |  |  | Reviewer Comment (XXXX-03-11): The deposits have been sourced.<br>Buyer Comment (XXXX-03-11): Per Seller : Retirement funds are not being used toward closing, so updated XXXX statements are not required. All large XXXX deposits have verified sources, including the XXXX transfer from the borrower's IRA. Alignment to a specific 401(k) is not necessary, as ownership of the asset has already been established. Based on this, sourcing requirements have been satisfied<br>Reviewer Comment (XXXX-02-23): Re-reviewed XXXX guides, retirement funds omitted from closing due to lack of liquidation. Received Bank statement however Source of Fund of Large deposit reflected on XXXX account is missing XXXX dated XXXX, XXXX dated XXXX, XXXX dated XXXX and XXXX dated XXXX. Exception Remains. Also Deposit dated XXXX XXXX is from IRA retirement account (unable to confirm if from 401k account provided) therefore require updated Retirement XXXX account as provided was till XXXX. Exception Remains<br>Buyer Comment (XXXX-02-20): See XXXX Bank statements from XXXX 1 to XXXX 4 to XXXX Retirement to cover cash to close and reserves<br>Reviewer Comment (XXXX-11-26): Noted 401(k) statement. still asset has short of funds not meeting the cash to close requirement. exception remains.<br>Buyer Comment (XXXX-11-25): 401 statement | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Title commitment or final policy is missing and is required. |  |  |  | Reviewer Comment (XXXX-09-22): Title Commitment received and uploaded accordingly. Exception cleared<br>Buyer Comment (XXXX-09-19): Title | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXXXXXX HOA Verification, Insurance Verification, Statement, Tax Verification | Property Address "XXXX" - Supporting document is required to verify Mortgage payment, Taxes, Insurance and HOA. |  |  |  | Reviewer Comment (XXXX-02-25): Cleared<br>Reviewer Comment (XXXX-12-11): Updated 1003 and 1008 provided with correct P&I for REO property XXXX, required updated AUS. Exception Remains<br>Buyer Comment (XXXX-12-10): See updated 1008 with P&I change requested to XXXX & 1003 Updated<br>Reviewer Comment (XXXX-11-11): Received Mortgage statement With P&I XXXX which is Less than lender used XXXX which leads More than 3% variance in DTI. Updated 1003/1008/AUS require with change in P&I XXXX2.73. Exception remains<br>Buyer Comment (XXXX-11-07): See attached HOI & Tax pymts for XXXX that re not escrowed<br>Buyer Comment (XXXX-11-07): VOM<br>Reviewer Comment (XXXX-09-23): Noted. Final 1003 reflects a monthly payment in the amount of XXXX with XXXX. If the mortgage is been paid then Monthly mortgage payment should reflect as XXXX for the property "XXXX" Corrected Final 1003, 1008 and AUS is required. Exception remains.<br>Buyer Comment (XXXX-09-22): mortgage statement was provided pg XXXX<br>Reviewer Comment (XXXX-09-22): Received Tax verification and HOI policy for the property "XXXX" and associated the same however missing Mortgage statement that confirms the monthly payment as XXXX. Exception remains<br>Buyer Comment (XXXX-09-19): see Mtg, Taxes & HOI for XXXX | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Statement | Property Address "XXXX" - Require Mortgage Statement to confirm taxes and insurance are escrowed. |  |  |  | Reviewer Comment (XXXX-09-22): Received mortgage statement confirming the payments are escrowed. Exception Cleared.<br>Buyer Comment (XXXX-09-19): See XXXX Stmt showing escrowed | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXXX, XXXX Statement | Property Address "XXXX - Require Mortgage Statement to confirm taxes and insurance are escrowed. |  |  |  | Reviewer Comment (XXXX-09-22): Received Mortgage statement for property "XXXX S" confirming payments are escrowed. Exception Cleared.<br>Buyer Comment (XXXX-09-19): XXXX S Mtg Stmt showing Escrow | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | The file was missing evidence the Right to Receive Appraisal Disclosure provided to borrower within 3 days of initial application. |  |  |  | Buyer Comment (XXXX-11-05): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided |  | Missing Third Party Verification of XXXX |  |  |  | Reviewer Comment (XXXX-11-07): Received internet search Business verification for XXXX, however Per XXXX Guideline no verification require less than 25% ownership Business.. Exception Cleared<br>Buyer Comment (XXXX-11-05): XXXX search | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Transcripts not provided |  | 2 years income was used to qualify and the Transcripts were not provided. |  |  |  | Reviewer Comment (XXXX-03-10): Received 1040 Transcripts for year XXXX. XXXX Transcripts are yet not due hence not requested. Exception cleared.<br>Buyer Comment (XXXX-03-09): 1040 Transcripts<br>Reviewer Comment (XXXX-09-22): Transcripts for year XXXX and no records found for year XXXX received and uploaded accordingly. Full transcripts are required for XXXX.<br>Buyer Comment (XXXX-09-19): transcripts | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject property valuation indicates Mixed Use/Commercial Property |  | Ineligible Property type: Subject is zoned Single Family Residential/Commercial. Per guidelines, commercially zoned properties are ineligible. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 803 vs 660 | XXXX | Reviewer Comment (XXXX-02-25): Re-revised XXXX, see new exception, this exception has been cleared.<br>Buyer Comment (XXXX-02-24): Please move loan XXXX, new XXXX XXXX. Non-QM XXXX guidelines.<br>Buyer Comment (XXXX-02-20): Loan to be moving to XXXX<br>Buyer Comment (XXXX-02-20): investor exception approval<br>Reviewer Comment (XXXX-11-19): Commercial zoned properties are not eligible as per guide, also lender exception is not provided. Exception remains<br>Buyer Comment (XXXX-11-17): See Corrected County to St XXXXs | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. |  | New exception raised due to document provided (AUS). Asset required to support the Reserve requirement reflecting on AUS. |  |  |  | Reviewer Comment (XXXX-02-25): Re-reviewed XXXX new guides. not required<br>Reviewer Comment (XXXX-02-23): Received Bank statement however Source of Fund of Large deposit reflected on XXXX account is missing XXXX dated XXXX, XXXX dated XXXX, XXXX dated XXXX and XXXX XXXX. Exception Remains. Also Deposit dated XXXX is from retirement account therefore require updated Retirement XXXX account as provided was till XXXX. Exception Remains<br>Buyer Comment (XXXX-02-20): See XXXX Bank statements uploaded of XXXX to go with 401k funds to use for reserves | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcripts (1040). | Borrower: XXXX | Borrower is qualified with K-1 less than 25% Income. Transcripts for year XXXX and No records found for year XXXX is available in file. Please override. |  |  |  | Reviewer Comment (XXXX-02-25): Re-reviewed to XXXX new guides. not required<br>Reviewer Comment (XXXX-02-23): Received Business return Transcript, however require XXXX 1040 transcript. Exception Remains<br>Buyer Comment (XXXX-02-20): transcripts<br>Reviewer Comment (XXXX-09-23): Borrower is qualified with Less than 25% K-1 income for year XXXX and XXXX and file has complete tax return for year XXXX. Therefore Transcripts for year XXXX is required. Exception Remains.<br>Buyer Comment (XXXX-09-22): What is needed to clear this exception, | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Subject property is in an ineligible geographic area. | State: XXXX | Ineligible Property type: Subject is zoned Single Family Residential/Commercial. Per guidelines, commercially zoned properties are ineligible. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | 803 vs 660 | XXXX | Reviewer Comment (XXXX-02-25): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | D B A | N/A | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: P&L Statement not provided |  | Require updated P&L statement. Provided P&L only shows end date hence require with start date, additionally require borrowers signature in P&L statement as per guideline, only CPA has signed. |  |  |  | Reviewer Comment (XXXX-03-10): P&L statement is provided with signed by the third party and borrower. Exception Cleared<br>Buyer Comment (XXXX-03-09): Signed P&L<br>Reviewer Comment (XXXX-03-03): Client accepts year ended Dec 31st P&L with no start start date. But signaturee still required. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  |  | Reviewer Comment (XXXX-03-11): cleared | XXXX | XXXX | XXXX | 1 A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | The security instrument in file is missing " true and certified stamped copy of the original recorded". |  |  |  | Reviewer Comment (XXXX-03-03): Accepted per client directive. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.99 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.99 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (XXXX-03-06): Received the POCB appraisal invoice.<br>Buyer Comment (XXXX-03-04): Appraisal Paid in Full Invoice | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. XXXX | Loan Discount Points fee was disclosed as XXXX on Initial LE and XXXX on Final CD. No Evidence of cure and no valid COC provided in file. |  |  |  | Reviewer Comment (XXXX-03-10): XXXX received a valid COC.<br>Buyer Comment (XXXX-03-09): COC letter and CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-03-10): P&L statement is provided with signed by the third party and borrower. Exception Cleared<br>Buyer Comment (XXXX-03-09): See upload XXXX. Client accepts year ended DXXXX P&L with no start start date. | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status D C | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - P&L Statement Only Guidelines Third Party Preparation Requirement not met | Ability to Repay (Dodd-Frank 2014): P&L Statement(s) used to qualify were not prepared by a third party. (XXXX LLC/P&L Statement Only) | The provided Profit & Loss (P&L) statement needs to be signed by both the borrower and the CPA/tax preparer as per guideline,<br> however the current P&L contains only the borrower's signature and only includes an end date, with no start date provided. |  |  |  | Reviewer Comment (XXXX-03-10): P&L statement is provided with signed by the third party and borrower. Exception Cleared<br>Buyer Comment (XXXX-03-09): See upload XXXX. Client accepts year ended XXXX P&L with no start start date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income and asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. |  |  |  | Reviewer Comment (XXXX-03-10): P&L statement is provided with signed by the third party and borrower. Exception Cleared<br>Buyer Comment (XXXX-03-09): See upload XXXX. Client accepts year ended XXXX P&L with no start start date. | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report Date: XXXX | Required updated CDA with correct city name reflecting as "XXXX". Provided CDA reflects incorrect city name as "XXXX". |  |  |  | Reviewer Comment (XXXX-03-05): Received corrected CDA with updated property address. Exception Cleared.<br>Buyer Comment (XXXX-03-05): CDA | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Telephone Listing / Internet Search / Directory Assistance | Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• CPA/Tax Preparer letter confirming the business is active and operating<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts/recent bank statement activity<br> • Business website demonstrating activity supporting current business operations<br>Need version dated within 10 business days of closing,. |  |  |  | Reviewer Comment (XXXX-03-13): Provided document is written confirmation from the<br> lender that online scheduling business website demonstrating activity supporting current business operations. Exception Cleared<br>Buyer Comment (XXXX-03-12): Good afternoon. This is Non-QM XXXX and the guidelines allow a processor cert - See page 23 - Business website demonstrating activity supporting current business operations (e.g., recently updated content or announcements, written confirmation from the<br> lender that online scheduling, ordering or the business phone number is working).<br>Reviewer Comment (XXXX-03-11): Provided CPA letter is not within 10 business days prior to Note date. <br> Required Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: • CPA/Tax Preparer letter confirming the business is active and operating • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts/recent bank statement activity • Business website demonstrating activity supporting current business operations Need version dated within 10 business days of closing,. Exception Remains<br>Buyer Comment (XXXX-03-10): Processor Cert<br>Reviewer Comment (XXXX-03-05): Received VVOE however we still required one of the following no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase: <br> • CPA/Tax Preparer letter confirming the business is active and operating. Provided one is dated XXXX.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts/recent bank statement activity<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-03-04): VVOE | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan was approved with an Originator Loan Designation of (Non-QM) but the required (Telephone listing requirement) required per Investor Guidelines was not provided causing the loan to waterfall through the Non-QM Testing. |  |  |  | Reviewer Comment (XXXX-03-16): Cleared. Docs provided<br>Reviewer Comment (XXXX-03-11): Provided CPA letter is not within 10 business days prior to Note date. <br> Required Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: • CPA/Tax Preparer letter confirming the business is active and operating • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts/recent bank statement activity • Business website demonstrating activity supporting current business operations Need version dated within 10 business days of closing,. Exception Remains<br>Buyer Comment (XXXX-03-10): See Processor Cert uploaded<br>Reviewer Comment (XXXX-03-05): Received VVOE however we still required one of the following no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase: <br> • CPA/Tax Preparer letter confirming the business is active and operating. Provided one is dated XXXX.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts/recent bank statement activity<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-03-04): VVOE Uploaded | XXXX | XXXX | XXXX | 1 B A C | XXXX | XXXX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan was approved with an Originator Loan Designation of (Non-QM) but the required (Telephone listing requirement) required per Investor Guidelines was not provided causing the loan to waterfall through the Non-QM Testing. |  |  |  | Reviewer Comment (XXXX-03-16): Cleared, docs provided.<br>Reviewer Comment (XXXX-03-11): Provided CPA letter is not within 10 business days prior to Note date. <br> Required Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following: • CPA/Tax Preparer letter confirming the business is active and operating • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts/recent bank statement activity • Business website demonstrating activity supporting current business operations Need version dated within 10 business days of closing,. Exception Remains<br>Buyer Comment (XXXX-03-10): See Processor Cert uploaded<br>Reviewer Comment (XXXX-03-05): Received VVOE however we still required one of the following no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase: <br> • CPA/Tax Preparer letter confirming the business is active and operating. Provided one is dated XXXX.<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts/recent bank statement activity<br> • Business website demonstrating activity supporting current business operations. Exception remains.<br>Buyer Comment (XXXX-03-04): VVOE Uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | 3 day receipt of appraisal provided w/waiver however Report date of appraisal XXXX. |  |  |  | Buyer Comment (XXXX-03-05): Acknowledged non material EV2<br>Reviewer Comment (XXXX-03-05): Noted. Appraisal report date is XXXX which is the same as the Note date. Therefore provide Prior appraisal report which is more than 3 days prior to the note XXXX. Exception remains.<br>Buyer Comment (XXXX-03-04): The appraisal effective date is XXXX and the proof of delivery is after that date "XXXX', also we have the appraisal Acknowledgment on the legal page 113 signed by borrower , | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided |  | The security instrument available is not true and certified stamped copy hence require copy of security instrument submitted in the file must be a true and certified <br> stamped copy of the original recorded security instrument. |  |  |  | Reviewer Comment (XXXX-03-03): Cleared based on client directive. | XXXX | XXXX | XXXX | 1 D A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Missing evidence the Closing Disclosure was provided to Borrower(s) at least three (3) business days prior to closing. |  |  |  | Reviewer Comment (XXXX-03-11): XXXX received XXXX CD received 3 business days prior to consummation.<br>Buyer Comment (XXXX-03-11): Previously uploaded ICD was for the wrong borrower. Correct ICD and disclosure tracking attached<br>Reviewer Comment (XXXX-03-09): XXXX received CD dated XXXX which is signed by borrower on XXXX is not 3 business days prior to closing date. Kindly provide initial CD three business days prior to closing date.<br>Buyer Comment (XXXX-03-09): Initial CD | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Borrower does not have the minimum active tradelines per guidelines. |  | Each borrower must have a minimum of two trade lines reporting for 24 months with activity in the last 12 months or a combined credit profile between multiple borrowers of a minimum of three trade lines reporting for 24 months with activity in the last 12 months. The accounts may be opened or closed. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-03-16): Investor exception provided.<br>Buyer Comment (XXXX-03-16): investor exception approval<br>Reviewer Comment (XXXX-03-10): Each borrower must have a minimum of two trade lines reporting for 24 months with activity in the last 12 months. Activity is shown by the XXXX on the credit report not the reported date. Borrower only has one acct (XXXX) with a XXXX in the last 12 months.<br>Buyer Comment (XXXX-03-09): Lender's comments: Please see Credit Report for trade lines with 24 months of reporting. Most have a zero balance or are closed which is why they're not listed on the 1003.<br>Buyer Comment (XXXX-03-06): Rebuttal: The combined credit report reflects the borrowers have more than 3 tradelines reporting for 24 months (opened and closed accounts) with activity within the last 12 months for the tradelines below. Please review and advise.<br>• XXXX reported on XXXX which is within the last 12 months with activity on XXXX as well. <br> • XXXX, although the account reflects as an "inactive", the most recent reporting date is XXXX which is within the last 12 mos and most lenders will still count this as recent activity. <br> • XXXX reported on XXXX is within the last 12-24 months, may still count it depending on how strict the interpretation of "activity."<br> • XXXX was recently opened on 8/XXXX as per the inquiries and LOX from the borrower with recent activity on 1/XXXX. | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided |  | Lender Exception: The litigation involves breach of contract claim related to a commercial lease that defaulted after the borrower sold the business and was no longer an owner.<br> Compensating Factor: LTV 50.00% well below program matrix; Extensive amount of liquid assets; Strong credit profile with 760/764 midscores; Only one outstanding liability.<br>Review for acceptance. | Borrower has verified disposable income of at least XXXX.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. |  | XXXX | Reviewer Comment (XXXX-03-10): Investor exception provided.<br>Buyer Comment (XXXX-03-06): Lender Exception approved request<br>Buyer Comment (XXXX-03-06): Investor approval | XXXX | XXXX | XXXX | 2 C B | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX | XXXX | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Initial 1003 provided is not signed by the borrower or the Lender. |  |  |  | Reviewer Comment (XXXX-03-10): Borrowers and lender signed initial 1003 received. Exception cleared.<br>Buyer Comment (XXXX-03-09): 1003 | XXXX | XXXX | XXXX | 1 B A | XXXX | XXXX | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible property type. |  | As per guidelines Zoning Description is Commercial and is ineligible property type per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and XXXX.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 30 vs 6 | XXXX | Reviewer Comment (XXXX-12-18): Invest accepts and agrees to waive with compensating factors.<br>Reviewer Comment (XXXX-12-18): Loan flipped XXXX<br>Buyer Comment (XXXX-12-18): Please move loan XXXX. Non-QM XXXX, 12 month bank stmt. XXXX<br>Reviewer Comment (XXXX-12-12): waiting for approval. emailed client.<br>Buyer Comment (XXXX-12-10): Loan will be moving to XXXX<br>Buyer Comment (XXXX-12-10): investor approved exception | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. |  | Per Appraisal address is XXXX per Note and other documents in file address is XXXX |  |  |  | Reviewer Comment (XXXX-01-22): Updated Appraisal received without Unit 3. Exception Cleared<br>Buyer Comment (XXXX-01-21): Appraisal | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Verification appraisal was delivered to borrower was provided with a waiver however prior to appraisal date. |  |  |  | Buyer Comment (XXXX-01-22): Acknowledged non material EV2<br>Reviewer Comment (XXXX-01-22): Received Appraisal delivery however, Require Original appraisal report which was sent on XXXX. Exception Remains<br>Buyer Comment (XXXX-01-20): Appraisal delivery | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided |  | Missing:<br>Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Credit related. |  |  |  | Reviewer Comment (XXXX-02-03): Contract provided on XXXX<br>Buyer Comment (XXXX-02-03): The seller has provided a signed PPA agreement (contract) which is dated XXXX. Please advise what is the issue with the documentation provided.<br>Reviewer Comment (XXXX-01-28): Noted.<br> Required, Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. Exception remains<br>Buyer Comment (XXXX-01-27): Per Time and Date.com, XXXX would be the earliest 10 business days prior to Note date and XXXX would be the latest 10 business days after the Note date - So the document dated XXXX is within 10 business days of the Note date. 15 calendar days – 5 days skipped:<br> Excluded 2 Saturdays<br> Excluded 2 Sundays<br> Excluded 1 holiday:<br>Reviewer Comment (XXXX-01-21): Noted Executed PPA agreement signed on XXXX but its not within 10 business days of note date XXXX, either provide recent document or any business bank statement which should reflects business receipt within 10 business days of note date. exception remains.<br>Buyer Comment (XXXX-01-21): See uploaded contract | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX Assistance | Missing:<br>Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br>• Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations.<br>Compliance related. |  |  |  | Reviewer Comment (XXXX-02-03): cleared.<br>Buyer Comment (XXXX-02-03): The seller has provided a signed PPA agreement (contract) which is dated XXXX. Please advise what is the issue with the documentation provided.<br>Reviewer Comment (XXXX-01-28): Noted.<br> Required, Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to XXXX purchase is required with one of the following:<br> • Evidence of current work (executed contracts or signed invoices)<br> • Evidence of current business receipts<br> • Business website demonstrating activity supporting current business operations. Exception remains<br>Buyer Comment (XXXX-01-28): See Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided exception for comment<br>Reviewer Comment (XXXX-01-21): Noted Executed PPA agreement signed on XXXX but its not within 10 business days of note date XXXX, either provide recent document or any business bank statement which should reflects business receipt within 10 business days of note date. exception remains.<br>Buyer Comment (XXXX-01-21): Contract | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | Funds from a business account is used for closing and reserve. Vesting entity is not the same entity that holds the assets; therefore, as per guide CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets XXXX guidance for cash flow analysis. |  |  |  | Reviewer Comment (XXXX-03-11): Received CPA Confirmed no negative impact using Business funds. Exception Cleared<br>Buyer Comment (XXXX-03-10): CPA Letter | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XXXX CPA Letter | Required percentage of ownership of business to be verified either by a CPA letter or Operating agreement or via reliable third party. |  |  |  | Reviewer Comment (XXXX-03-11): Received CPA Letter Confirmed Borrower Ownership. Exception Cleared<br>Buyer Comment (XXXX-03-10): CPA Letter uploaded | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports |  |  |  | Buyer Comment (XXXX-03-10): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary/XXXX) | File contains evidence appraisal report provided is an updated report. Delivery confirmations dated earlier than report date of report located in file. Lender to provide all previous appraisal reports |  |  |  | Buyer Comment (XXXX-03-10): Acknowledged non material EV2 | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Property | Property - Appraisal | Property Eligibility - Zoning and Usage | Property - Appraisal | Valuation Issue: Subject property valuation indicates Mixed Use/Commercial Property |  | Zoning description for the subject property is showing as "Local Business" with the Specific zoning classification of "B1", also the neighbourhood description confirms the surrounding area includes commercial properties. As per guides "Commercial/Commercially Zoned Properties" are ineligible property type. Lender to confirm acceptance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 36 vs 6 | XXXX | Reviewer Comment (XXXX-03-13): Exception waived and downgraded undera separate exception.<br>Reviewer Comment (XXXX-03-13): Investor accepts and agrees to waive with compensating factors.<br>Buyer Comment (XXXX-03-13): Please move loan XXXX. LS approved for B. zoning. Non-QM XXXX New Cust XXXX<br>Buyer Comment (XXXX-03-12): Loan will be moving XXXX<br>Buyer Comment (XXXX-03-12): investor exception approval | XXXX | XXXX | XXXX | 1 C A | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Property type discrepancy. | Appraisal property type of 2 Family does not match Guideline property type of 2 Family. | Zoning description for the subject property is showing as "Local Business" with the Specific zoning classification of "B1", also the neighbourhood description confirms the surrounding area includes commercial properties. As per guides "Commercial/Commercially Zoned Properties" are ineligible property type. Lender to confirm acceptance. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least XXXX.<br>Borrower has worked in the same position for more than 3 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | 36 vs 6 | XXXX | Reviewer Comment (XXXX-03-13): Investor accepts and agrees to waive with compensating factors. | XXXX | XXXX | XXXX | 2 B | XXXX | XXXX | Investment | Purchase | C B A |  | N/A | No |

---

## Exhibit 99.4

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.4**

![](situs-logo.jpg)

---

| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 4/6/2026 2:34:55 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL CREDIT LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL PROPERTY LOAN GRADES** | **INITIAL OVERALL LOAN GRADES** | **FINAL CREDIT LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL PROPERTY LOAN GRADES** | **FINAL OVERALL LOAN GRADES** |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Investor Loan Number** | **Deal Number** | **Original Loan Amount** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** | **Morningstar** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **Morningstar** | **Morningstar** | **Morningstar** |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | B | C | B |  | B | B | B | B | B | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119192 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | D | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | XXXX D |  | C | C | C | C | C | A | D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | XXXX B |  |  |  |  |  |  | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119242 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | C | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | XXXX D |  | N/A | N/A | N/A | N/A | N/A | A | D | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | XXXX C |  |  |  |  |  |  | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | XXXX A |  |  |  |  |  |  | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | XXXX B |  | D | D | D | D | D | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | D | D | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119386 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | B | B | A |  | B | B | B | B | B | B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119467 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | XXXX A |  | B | B | B | B | B | A | B | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119505 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | B | B | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | XXXX B |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | XXXX B |  | B | B | B | B | B | A | B | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | XXXX A |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A | B | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | B |  | N/A | N/A | N/A | N/A | N/A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | XXXX C |  | N/A | N/A | N/A | N/A | N/A | A | C | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | XXXX A |  | N/A | N/A | N/A | N/A | N/A | A | A | A |  | N/A | N/A | N/A | N/A | N/A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | XXXX B |  | N/A | N/A | N/A | N/A | N/A | A B | B | B |  | N/A | N/A | N/A | N/A | N/A | A B | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | XXXX C D |  | B | B | B | B | B | A | C D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | XXXX A |  | A | A | A | A | A | A | A | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119248 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | C | C D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | XXXX D |  | A | A | A | A | A | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119532 | XXXX | XXXX | XXXX B |  | A | A | A | A | A | A | B | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | XXXX C D |  | A | A | A | A | A | A | C D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | D | D | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | XXXX C |  | A | A | A | A | A | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | XXXX D |  | B | B | B | B | B | A | D | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | XXXX D |  | C | C | C | C | C | A | D | A |  | A | A | A | A | A | A | A |  |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | XXXX C |  | C | C | C | C | C | A | C | A |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | XXXX D |  | C | C | C | C | C | A | D | B |  | A | A | A | A | A | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | A | C | B |  | B | B | B | B | B | A | B |  |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | XXXX C |  | B | B | B | B | B | C | C | B |  | B | B | B | B | B | A | B |  |

---

## Exhibit 99.5

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.5**

![](situs-logo.jpg)

---

| |
|:---|
| **Data Compare (Non-Ignored)** |
| **Run Date - 4/6/2026 2:36:52 PM** |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Mapped ID** | **Deal ID** | **Servicer Loan ID** | **Investor Loan Number** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | # of Units |  | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | 1003 - Originator Name | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Borrower is an entity. |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Borrower is LLC |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Borrower First Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Borrower FTHB | 0 |  | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Borrower is an entity. |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119202 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119387 | XXXX | XXXX | Borrower Last Name | XXXX | XXXX | Verified | Field Value reflects Borrower name as it appears on the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Borrower SSN | XXXX | XXXX | Verified | Field Value verified by application or other documentation in file |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | City | XXXX | XXXX | Verified | Field Value reflects City per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119181 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119364 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Decision System | DU |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Decision System |  |  | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Decision System | LP / LPA |  | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 24mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 24mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Doc Type | Asset Depletion | Asset Depletion (No DTI) | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Doc Type | Full | Retirement Income - Fully Verified | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Doc Type | Full | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Doc Type | 12mo Bank Statement | 2yr Full Doc | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | Doc Type | 24mo Bank Statement | 12mo Bank Statement | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Doc Type | 1yr P&L w/o Bank Statements | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119242 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119386 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119467 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Escrow Account | 0 | 1 |  |  |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | Escrow Account | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Escrow Account | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Guideline Name | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | Has FTHB | 1 | 0 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Has FTHB | 0 | 1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Interest Only Period |  | 120 | Verified | Field Value reflects 'Interest Only Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Interest Only Period | 120 |  | Verified | Field Value reflects 'Interest Only Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Investor: Qualifying Housing Ratio | 33.04 | 29.83436 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30.991 | 28.93164 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 34.081 | 21.57159 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119185 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 9.666 | 11.85016 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.148 | 53.55108 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 44.276 | 34.09059 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 31.716 | 36.24134 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46 | 49.37206 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.77 | 54.95655 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 26.015 | 30.43742 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.608 | 35.70897 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 14.23 | 33.70396 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 48.00048 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30.865 | 44.22492 | Verified | Did not used rental income<br> on departure residence |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 34.954 | 30.82981 | Verified | Matching with 1008 |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 11.138 | 14.04687 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 10.88221 | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 | 27.21188 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 32.545 | 36.73159 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 30 | 21.94672 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 40.10042 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 12.75165 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 6.039 | 12.28422 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 |  | Verified | Outside of scope |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 38 | 34.97798 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 24.299 | 26.59392 | Verified | 1008 reflected a PITI payment for subject of $XXXX per month. Actual PITI payment is $XXXX. Subject's HOA payment was not included in PITI on 1008. |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.258 | 40.61757 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 10.40093 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 45 | 50.00085 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 34.449 | 41.9283 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 47 | 38.92283 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 46.56 | 49.90162 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 21.286 | 26.44051 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 37.598 | 34.44234 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 28.561 | 30.82127 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.797 | 38.60624 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 35.60119 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 999.99 |  | Verified | Asset Qualifier |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 50.445 | 54.77659 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 8.74681 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 12.958 | 31.81164 | Verified | matching with 1008 |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 54.985 | 51.44365 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 25.52057 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 12.369 | 14.99896 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 32 | 45.71033 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 45 | 42.77742 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 35 | 45.1483 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 54.612 | 52.21613 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 999.99 |  | Verified | DSCR loan |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0 |  | Verified | DSCR loan |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 8.5371 | 4.09705 | Verified | Field Value DTI is within tolerance of AUS DTI |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 33.928 | 38.64393 | Verified | For Property Address - XXXX Lender has considered total expense as $XXXX however total calculated expense (Tax, HOI and HOA) is adding to $XXXX due to which there is a Variance in DTI. lender has considered DTI as 35.936% and Calculated DTI as per XXXX is 38.64393% however Variance is within 3% tolerance limit. |
| XXXX | XXXX | XXXX | XXXX | 4350119241 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 27.2727 | 31.82998 | Verified | Field Value DTI matches 1008 DTI. |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.9 | 46.20828 | Verified | Final 108 reflects 44.27100. Review isiwinth <3% tolerance |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 26.03 | 30.65233 | Verified | Per 1008 DTI is 30.94% and calculated DTI is 30.65% due to investment properties taxes and insurance.XXXX taxes and insurance XXXX and per 1003 $XXXX<br> XXXX |
| XXXX | XXXX | XXXX | XXXX | 4350119496 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 42.322 | 39.49851 | Verified | Variance in DTI is because of the net monthly rentals considered by lender compared to the sourced document received. |
| XXXX | XXXX | XXXX | XXXX | 4350119283 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 40.3156 | 42.48237 | Verified | Per 1008 DTI is 42.482% and calculated DTI is 42.482% |
| XXXX | XXXX | XXXX | XXXX | 4350119406 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 43.564 | 49.98071 | Verified | Field Value DTI matches 1008 DTI. |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 0.0001 | 43.54362 | Verified | Per 1008 DTI is 44.34% and calculated DTI is 43.54% due to the taxes of $XXXX per First Payment Letter vs 1008 of $XXXX |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Investor: Qualifying Total Debt Ratio | 22.1816 | 19.35692 | Verified | Field value is lower |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Bid Tape Field Value provided blank. |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Lender | XXXX | XXXX | Verified | Field Value reflects Lender name per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | LTV Valuation Value | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Margin | XXXX | XXXX | Verified | Field Value reflects 'Margin' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Margin | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119183 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid Tape Field Value is blank. |
| XXXX | XXXX | XXXX | XXXX | 4350119321 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | XXXX | 4350119293 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119304 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119452 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119363 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Field Value reflects Note Date per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | XXXX | 4350119487 | XXXX | XXXX | Note Date | XXXX | XXXX | Verified | Bid tape field value is blank |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Original CLTV | 75 | 61.1025 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Original CLTV | 65 | 61.04972 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Original CLTV | 44.348 | 52.17391 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Original CLTV | 65 | 56.3 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Original CLTV | 65 | 73.86139 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Original CLTV | 75 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Original CLTV | 66.4 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Original CLTV | 75 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Original CLTV | 75 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Original CLTV | 80 | 77.38693 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Original CLTV | 70 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Original CLTV | 34.286 | 28.57143 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Original CLTV | 70 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Original CLTV | 75 | 71.59091 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Original CLTV | 70 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Original CLTV | 63.3 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Original CLTV | 65 | 63.56115 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Original CLTV | 65 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Original CLTV | 70 | 58.33333 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | Original CLTV | 74.53 | 72.29885 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Original Interest Rate | 7.75 | 8.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Original Interest Rate | 6.625 | 6.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Original Interest Rate | 7.25 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Original Interest Rate | 7.25 | 7.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | Original Interest Rate | 7.25 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Original Interest Rate | 7.25 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Original Interest Rate | 9.375 | 8.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Original Interest Rate | 6.875 | 7 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Original Interest Rate | 7.375 | 6.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Original Interest Rate | 7.625 | 7.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Original Interest Rate | 7.625 | 8.375 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Original Interest Rate | 7.49 | 7.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Original Interest Rate | 7.625 | 7.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Original Interest Rate | 6.75 | 6.749 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Original Interest Rate | 6.625 | 7.125 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | Original Interest Rate | 6.99 | 6.625 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | Original Interest Rate | 6.875 | 6.874 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | Original Interest Rate | 8.25 | 6.75 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Original Interest Rate | 7.5 | 7.499 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Original Interest Rate | 8 | 7.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Original Interest Rate | 7.25 | 6.99 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | Original Interest Rate | 7.125 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Original Interest Rate | 7.25 | 6.875 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | Original Interest Rate | 8.5 | 8.49 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Original Interest Rate | 6.875 | 7.5 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | Original Interest Rate | 7 | 7.25 | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Original Loan Amount | XXXX | XXXX | Verified | Field Value reflects the Note value |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Original LTV | 65 | 63.56115 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Original LTV | 65 | 70 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119284 | XXXX | XXXX | Original LTV | 70 | 58.33333 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | Original LTV | 74.53 | 72.29885 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Origination Company Name | XXXX | XXXX | Verified | Field Value captured from loan applications in file |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Originator Application Date | XXXX | XXXX | Verified | Field Value reflects the Broker Application Date while Tape Value reflects Creditor Application Date |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | PITIA Reserves Months | 12 | 17.69 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | PITIA Reserves Months | 6 | 26.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | PITIA Reserves Months | 6 | 45.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | PITIA Reserves Months | 6 | 16.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | PITIA Reserves Months | 6 | 3.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | PITIA Reserves Months | 60 | 12.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | PITIA Reserves Months | 8 | 9.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.18 | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | PITIA Reserves Months | 60 | 9.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | PITIA Reserves Months | 9 | 67.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | PITIA Reserves Months | 10 | 95.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | PITIA Reserves Months | 24 | 39.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | PITIA Reserves Months | 12 | 66.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | PITIA Reserves Months | 6 | 61.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | PITIA Reserves Months | 12 | 172.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | PITIA Reserves Months | 9 | 171.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.82 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | PITIA Reserves Months | 9 | 27.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | PITIA Reserves Months | 3 | 107.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | PITIA Reserves Months | 9 | 80.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | PITIA Reserves Months | 12 | 18.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | PITIA Reserves Months | 12 | 122.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | PITIA Reserves Months | 15 | 24.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119225 | XXXX | XXXX | PITIA Reserves Months | 12 | 35.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | PITIA Reserves Months | 24 | 38.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | PITIA Reserves Months | 6 | 34.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | PITIA Reserves Months | 24 | 172.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | PITIA Reserves Months | 9 | 115.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | PITIA Reserves Months | 6 | 26.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | PITIA Reserves Months | 6 | 82.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | PITIA Reserves Months | 6 | 58.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | PITIA Reserves Months | 6 | 97.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | PITIA Reserves Months | 12 | 127.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | PITIA Reserves Months | 24 | 7.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119242 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | PITIA Reserves Months | 6 | 138.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119246 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | PITIA Reserves Months | 9 | 81.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119249 | XXXX | XXXX | PITIA Reserves Months | 9 | 8.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | PITIA Reserves Months | 6 | 114.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | PITIA Reserves Months | 12 | 91.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | PITIA Reserves Months | 24 | 132.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | PITIA Reserves Months | 24 | 13.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | PITIA Reserves Months | 12 | 62.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | PITIA Reserves Months | 8 | 6.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | PITIA Reserves Months | 127 | 100.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | PITIA Reserves Months | 12 | 16.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | PITIA Reserves Months | 12 | 65.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | PITIA Reserves Months | 6 | 59.76 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | PITIA Reserves Months | 9 | 94.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | PITIA Reserves Months | 60 | 1298.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | PITIA Reserves Months | 6 | 35.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | PITIA Reserves Months | 60 | 1689.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | PITIA Reserves Months | 16 | 72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | PITIA Reserves Months | 12 | 127.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | PITIA Reserves Months | 24 | 6.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | PITIA Reserves Months | 12 | 37.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | PITIA Reserves Months | 12 | 53.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | PITIA Reserves Months | 9 | 44.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | PITIA Reserves Months | 24 | 33.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | PITIA Reserves Months | 24 | 34.51 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | PITIA Reserves Months | 18 | 33.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.77 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | PITIA Reserves Months | 6 | 916.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | PITIA Reserves Months | 12 | 34.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | PITIA Reserves Months | 12 | 96.04 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | PITIA Reserves Months | 9 | 123.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | PITIA Reserves Months | 6 | 166.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | PITIA Reserves Months | 12 | 108.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | PITIA Reserves Months | 4 | 8.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | PITIA Reserves Months | 12 | 719.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | PITIA Reserves Months | 9 | 76.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | PITIA Reserves Months | 12 | 693.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | PITIA Reserves Months | 45 | 63.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | PITIA Reserves Months | 6 | 68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119308 | XXXX | XXXX | PITIA Reserves Months | 12 | 4.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | PITIA Reserves Months | 12 | 78.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | PITIA Reserves Months | 6 | 217.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119316 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.09 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | PITIA Reserves Months | 12 | 40.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | PITIA Reserves Months | 9 | 63.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | PITIA Reserves Months | 12 | 75.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | PITIA Reserves Months | 12 | 108.34 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | PITIA Reserves Months | 6 | 50.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | PITIA Reserves Months | 25 | 567.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | PITIA Reserves Months | 36 | 29.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | PITIA Reserves Months | 6 | 127.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.39 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | PITIA Reserves Months | 12 | 74.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | PITIA Reserves Months | 15 | 14.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | PITIA Reserves Months | 12 | 93.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119338 | XXXX | XXXX | PITIA Reserves Months | 12 | 18.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119329 | XXXX | XXXX | PITIA Reserves Months | 6 | 177.47 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119340 | XXXX | XXXX | PITIA Reserves Months | 9 | 14.59 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | PITIA Reserves Months | 6 | 19.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119342 | XXXX | XXXX | PITIA Reserves Months | 12 | 23.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | PITIA Reserves Months | 12 | 97.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | PITIA Reserves Months | 17 | 12.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | PITIA Reserves Months | 9 | 109.99 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | PITIA Reserves Months | 9 | 107.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | PITIA Reserves Months | 6 | 54.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | PITIA Reserves Months | 12 | 11.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | PITIA Reserves Months | 260 | 249.28 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.25 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | PITIA Reserves Months | 100 | 29.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119353 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | PITIA Reserves Months | 9 | 27.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.88 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | PITIA Reserves Months | 12 | 35.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | PITIA Reserves Months | 5 | 5.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | PITIA Reserves Months | 12 | 19.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119359 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | PITIA Reserves Months | 120 | 15.6 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | PITIA Reserves Months | 12 | 3.1 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | PITIA Reserves Months | 6 | 111.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | PITIA Reserves Months | 11 | 11.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | PITIA Reserves Months | 2 | 14.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | PITIA Reserves Months | 36 | 41.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | PITIA Reserves Months | 12 | 32.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119374 | XXXX | XXXX | PITIA Reserves Months | 12 | 90.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | PITIA Reserves Months | 6 | 97.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | PITIA Reserves Months | 15 | 25.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119377 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | PITIA Reserves Months | 12 | 38.98 | Verified | PITIA reserves months is correctly calculated with the available reserves and PITIA |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | PITIA Reserves Months | 6 | 20.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.91 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | PITIA Reserves Months | 12 | 95.13 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | PITIA Reserves Months | 9 | 100.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119386 | XXXX | XXXX | PITIA Reserves Months | 6 | 41.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | PITIA Reserves Months | 50 | 113.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | PITIA Reserves Months | 6 | 13.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | PITIA Reserves Months | 6 | 181.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.23 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | PITIA Reserves Months | 12 | 87.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119394 | XXXX | XXXX | PITIA Reserves Months | 12 | 71.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | PITIA Reserves Months | 12 | 102.3 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119396 | XXXX | XXXX | PITIA Reserves Months | 24 | 7.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | PITIA Reserves Months | 11 | 19.02 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | PITIA Reserves Months | 6 | 30.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | PITIA Reserves Months | 12 | 24.07 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | PITIA Reserves Months | 9 | 209.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | PITIA Reserves Months | 36 | 140.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | PITIA Reserves Months | 10 | 8.42 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | PITIA Reserves Months | 6 | 104.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | PITIA Reserves Months | 100 | 26.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | PITIA Reserves Months | 6 | 14.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | PITIA Reserves Months | 6 | 103.21 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | PITIA Reserves Months | 6 | 32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119415 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | PITIA Reserves Months | 6 | 134.66 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | PITIA Reserves Months | 36 | 43.08 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.46 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | PITIA Reserves Months | 9 | 56.89 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | PITIA Reserves Months | 9 | 47.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | PITIA Reserves Months | 6 | 35.45 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.75 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | PITIA Reserves Months | 11 | 6.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | PITIA Reserves Months | 6 | 56.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | PITIA Reserves Months | 6 | 48.62 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119427 | XXXX | XXXX | PITIA Reserves Months | 24 | 17.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119430 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | PITIA Reserves Months | 12 | 95.12 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | PITIA Reserves Months | 3 | 97.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | PITIA Reserves Months | 8 | 8.78 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | PITIA Reserves Months | 6 | 118.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | PITIA Reserves Months | 12 | 139.95 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | PITIA Reserves Months | 6 | 50.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | PITIA Reserves Months | 12 | 547.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | PITIA Reserves Months | 9 | 86.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | PITIA Reserves Months | 6 | 15.86 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | PITIA Reserves Months | 12 | 68.24 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | PITIA Reserves Months | 6 | 43.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.33 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | PITIA Reserves Months | 6 | 18.44 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | PITIA Reserves Months | 6 | 90.03 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | PITIA Reserves Months | 9 | 124.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | PITIA Reserves Months | 12 | 41.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | PITIA Reserves Months | 6 | 104.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119456 | XXXX | XXXX | PITIA Reserves Months | 6 | 29.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.8 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | PITIA Reserves Months | 9 | 17.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | PITIA Reserves Months | 12 | 522 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | PITIA Reserves Months | 6 | 28.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | PITIA Reserves Months | 12 | 13.14 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | PITIA Reserves Months | 12 | 31.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | PITIA Reserves Months | 6 | 53.49 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | PITIA Reserves Months | 3 | 25.74 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | PITIA Reserves Months | 9 | 105.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | PITIA Reserves Months | 9 | 104.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119467 | XXXX | XXXX | PITIA Reserves Months | 6 | 82.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | PITIA Reserves Months | 6 | 103.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | PITIA Reserves Months | 6 | 10.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | PITIA Reserves Months | 30 | 50 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | PITIA Reserves Months | 20 | 88.81 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | PITIA Reserves Months | 6 | 57.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | PITIA Reserves Months | 6 | 7.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119482 | XXXX | XXXX | PITIA Reserves Months | 9 | 20.92 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | PITIA Reserves Months | 9 | 121.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | PITIA Reserves Months | 9 | 29.7 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119483 | XXXX | XXXX | PITIA Reserves Months | 6 | 96.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | PITIA Reserves Months | 6 | 9.4 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | PITIA Reserves Months | 12 | 54.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | PITIA Reserves Months | 25 | 32.68 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | PITIA Reserves Months | 6 | 17.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | PITIA Reserves Months | 12 | 109.9 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | PITIA Reserves Months | 12 | 14.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119494 | XXXX | XXXX | PITIA Reserves Months | 6 | 23.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | PITIA Reserves Months | 48 | 57.5 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119497 | XXXX | XXXX | PITIA Reserves Months | 40 | 14.85 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | PITIA Reserves Months | 6 | 102.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | PITIA Reserves Months | 12 | 16.71 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | PITIA Reserves Months | 6 | 21.64 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | PITIA Reserves Months | 9 | 9.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119504 | XXXX | XXXX | PITIA Reserves Months | 9 | 15.17 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | PITIA Reserves Months | 3 | 13.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | PITIA Reserves Months | 9 | 31.18 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | PITIA Reserves Months | 25 | 133.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | PITIA Reserves Months | 9 | 12.87 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | PITIA Reserves Months | 3 | 19.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119515 | XXXX | XXXX | PITIA Reserves Months | 9 | 27.15 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | PITIA Reserves Months | 6 | 42.2 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119517 | XXXX | XXXX | PITIA Reserves Months | 6 | 11.63 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | PITIA Reserves Months | 9 | 23.61 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | PITIA Reserves Months | 9 | 122.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | PITIA Reserves Months | 6 | 12.96 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | PITIA Reserves Months | 9 | 107.16 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | PITIA Reserves Months | 6 | 165.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | PITIA Reserves Months | 6 | 222.26 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.73 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | PITIA Reserves Months | 12 | 75.22 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | PITIA Reserves Months | 12 | 6.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | PITIA Reserves Months | 21 | 32.79 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | PITIA Reserves Months | 6 | 40.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119533 | XXXX | XXXX | PITIA Reserves Months | 3 | 7.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | PITIA Reserves Months | 9 | 26.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | PITIA Reserves Months | 9 | 23.55 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | PITIA Reserves Months | 9 | 24.65 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | PITIA Reserves Months | 9 | 22.21 | Verified | Reserves months has been calculated as per the cash-out and the PITIA. 9 has been updated as per the matrices provided |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | PITIA Reserves Months | 9 | 28.83 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | PITIA Reserves Months | 6 | 97.32 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | PITIA Reserves Months | 10 | 9.01 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | PITIA Reserves Months | 6 | 27.57 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | PITIA Reserves Months | 6 | 8.36 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | PITIA Reserves Months | 12 | 12.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | PITIA Reserves Months | 6 | 25.27 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | PITIA Reserves Months | 9 | 133.35 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | PITIA Reserves Months | 9 | 107.09 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | PITIA Reserves Months | 6 | 31.48 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119551 | XXXX | XXXX | PITIA Reserves Months | 10 | 197.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | PITIA Reserves Months | 12 | 79.29 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | PITIA Reserves Months | 24 | 276.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119553 | XXXX | XXXX | PITIA Reserves Months | 6 | 3.43 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | PITIA Reserves Months | 6 | 39.94 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | PITIA Reserves Months | 9 | 14.31 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | PITIA Reserves Months | 12 | 195.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119560 | XXXX | XXXX | PITIA Reserves Months | 30 | 95.52 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119562 | XXXX | XXXX | PITIA Reserves Months | 12 | 15.97 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119563 | XXXX | XXXX | PITIA Reserves Months | 493 | 508.56 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119564 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.93 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119565 | XXXX | XXXX | PITIA Reserves Months | 9 | 11.06 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | PITIA Reserves Months | 12 | 7.54 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | PITIA Reserves Months | 9 | 23.84 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | PITIA Reserves Months | 9 | 26.41 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | PITIA Reserves Months | 24 | 7.72 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | PITIA Reserves Months | 36 | 11.19 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | PITIA Reserves Months | 12 | 8.37 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | PITIA Reserves Months | 12 | 110.67 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | PITIA Reserves Months | 36 | 19.53 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | PITIA Reserves Months | 6 | 6.11 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | PITIA Reserves Months | 3 | 3.38 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | PITIA Reserves Months | 10 | 30.05 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | PITIA Reserves Months | 6 | 36.98 | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119193 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119194 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119196 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119200 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Prepayment penalty is not on Note. |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119204 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119222 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119224 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119238 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119250 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119258 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119267 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119270 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119278 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119296 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119314 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119318 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119323 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119325 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No PPP as per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119326 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119344 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119347 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119350 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119356 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119357 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119361 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119366 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119368 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119386 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119390 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119389 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119398 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field value not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119400 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119399 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Prepayment Penalty Period (months) | 60 | 24 | Verified | The Bid Tape Field Value was not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119404 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note rider |
| XXXX | XXXX | XXXX | XXXX | 4350119405 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119421 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119422 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119434 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Prepayment Penalty Period not provided. |
| XXXX | XXXX | XXXX | XXXX | 4350119449 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Prepayment Penalty is not applicable. |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Prepayment Penalty Period (months) | 24 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119477 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119493 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Prepayment Penalty Period (months) | 36 | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119540 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119542 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119548 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119558 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Prepayment Penalty Period (months) | 12 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Prepayment Penalty Period (months) | 1000 |  | Verified | No Prepayment penalty |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119188 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119205 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119206 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119226 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119297 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119327 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119380 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119401 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119417 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119441 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119444 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119468 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119512 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119513 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119529 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119528 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119557 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119570 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119501 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119549 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119402 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119212 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Product Description | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Property Type | PUD | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119208 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119255 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Property Type | Single Family Detached | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Property Type | Condotel | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119341 | XXXX | XXXX | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119348 | XXXX | XXXX | Property Type | 3 Family | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119358 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119370 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119397 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119424 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119425 | XXXX | XXXX | Property Type | 2 Family | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Property Type | Condotel | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119475 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119486 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119488 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119490 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119495 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119509 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119516 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Property Type | 2 Family | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Property Type | PUD | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119554 | XXXX | XXXX | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119253 | XXXX | XXXX | Property Type | Condo | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119180 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119290 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119240 | XXXX | XXXX | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119568 | XXXX | XXXX | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Second lien seasoned over 12 months. |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Refi Purpose | Cash-out | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119507 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119506 | XXXX | XXXX | Refi Purpose |  | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > XXXX or 2% of loan amount per HUD-1/CD |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Representative FICO | 0 |  | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Representative FICO | 722 | 699 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Representative FICO | 713 | 709 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Representative FICO | 679 | 689 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Representative FICO | 682 | 692 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119275 | XXXX | XXXX | Representative FICO | 782 | 800 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119286 | XXXX | XXXX | Representative FICO | 704 | 691 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Representative FICO | 713 | 709 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119331 | XXXX | XXXX | Representative FICO | 804 | 776 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Representative FICO | 660 | 661 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Representative FICO | 713 | 719 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119379 | XXXX | XXXX | Representative FICO | 680 | 666 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Representative FICO | 0 | 666 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119485 | XXXX | XXXX | Representative FICO | 720 | 696 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119520 | XXXX | XXXX | Representative FICO | 789 | 787 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Representative FICO | 733 | 738 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Representative FICO | 794 | 789 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119567 | XXXX | XXXX | Representative FICO | 797 | 798 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119303 | XXXX | XXXX | Representative FICO | 700 | 696 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119446 | XXXX | XXXX | Representative FICO | 789 | 777 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119392 | XXXX | XXXX | Representative FICO | 680 | 679 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | Representative FICO | 680 | 705 | Verified | FICO Score updated as per guides - Use the qualifying credit score of the primary income earner. |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Standard - Interest Only Period (months) | 0 |  | Verified | Field Value reflects Note 'Standard - Interest Only Period (months)' per the Note |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119228 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119391 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119457 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119458 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119511 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119177 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119236 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119322 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119245 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119336 | XXXX | XXXX | Street | XXXX | XXXX | Verified | Field Value reflects Street per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119176 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119178 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119179 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119182 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119184 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119187 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119186 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119190 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119191 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119197 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119199 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119201 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119203 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119207 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119209 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119210 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119211 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119214 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119216 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119217 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119218 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119219 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119220 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119223 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119227 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119229 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119230 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119231 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119232 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119233 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119235 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119237 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119239 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119243 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119247 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119251 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119252 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119254 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119256 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119259 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119260 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119261 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119262 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119264 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119266 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119265 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119273 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119272 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119274 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119268 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119269 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119276 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119277 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119280 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119279 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Alternate format, not a true discrepancy |
| XXXX | XXXX | XXXX | XXXX | 4350119282 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119287 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119289 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119292 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119295 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119299 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119298 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119301 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119302 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119305 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119306 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119309 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119312 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119313 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119317 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119315 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119271 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119320 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119324 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119328 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119330 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119333 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119332 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119334 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119335 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119337 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119339 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119343 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119346 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119345 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119349 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Final closing statement/HUD-1 reflects cash from borrower. |
| XXXX | XXXX | XXXX | XXXX | 4350119351 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119352 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119354 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119355 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119360 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119362 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119365 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119367 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119369 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119372 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119373 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119375 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119376 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119378 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119381 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119382 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119384 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119385 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119388 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119393 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119395 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119403 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119407 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119409 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119410 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119411 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119413 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119414 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119419 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119418 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119420 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119426 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119429 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119432 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119433 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119435 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119436 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119437 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119440 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119442 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119443 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119445 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119447 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119448 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119451 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119450 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119454 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119459 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119461 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119462 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119463 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119464 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119469 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119470 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119471 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119472 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119473 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119476 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119484 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119481 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119480 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119489 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119491 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119492 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119498 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119499 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119502 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119503 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119510 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119518 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119519 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119521 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119522 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119526 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119527 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119524 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119530 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119523 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119525 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119534 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119535 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119538 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119537 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119536 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119539 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119541 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Unable to verify due to missing information |
| XXXX | XXXX | XXXX | XXXX | 4350119545 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119544 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119547 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119546 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119552 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119556 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119566 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119569 | XXXX | XXXX | Total Cash-out | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119294 | XXXX | XXXX | Total Income | XXXX | XXXX | Verified | Field value reflects source document |
| XXXX | XXXX | XXXX | XXXX | 4350119195 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119257 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119281 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119288 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119300 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119307 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119263 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119431 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119465 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119514 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119215 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |
| XXXX | XXXX | XXXX | XXXX | 4350119310 | XXXX | XXXX | Zip | XXXX | XXXX | Verified | Field Value reflects Zip per Note |

---

## Exhibit 99.6

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.6** 

**EXECUTIVE SUMMARY**

**COLT 2026-3**

**By Clarifii LLC on April 6, 2026**

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

**CLARIFII CONTACT INFORMATION** 

---

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

---

**OVERVIEW**

Clarifii LLC ("Clarifii") conducted an independent third-party pre-securitization due diligence review (the "Review") of 35 loans (the "Loans") and these loans were subsequently acquired by Lone Star Residential Acquisitions, LLC (the "Client") for the COLT 2026-3 transaction. The loans referenced in this narrative report were reviewed 12/2025 through 03/2026 by Clarifii. This narrative report provides information about the scope of work performed by Clarifii, and the results of Clarifii's review.

**ORIGINATORS**

Origination channels for the loans in this review:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Retail | &nbsp;&nbsp;14 | &nbsp;&nbsp;40.00% | &nbsp;&nbsp;$11260250.00 |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;9 | &nbsp;&nbsp;25.71% | &nbsp;&nbsp;$6201250.00 |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;12 | &nbsp;&nbsp;34.29% | &nbsp;&nbsp;$8755000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

The Review consisted of a population of 35 loans, with an aggregate principal balance of $26,216,500.00.

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

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

The Review was conducted consistent with the criteria for the specific Nationally Recognized Statistical Rating Organizations (NRSROs).

**LOAN SAMPLING**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;Fitch Ratings, Inc. | &nbsp;&nbsp;U.S. RMBS Rating Criteria, October 1, 2025 |

---

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

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Amount of Other Lien |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Birthdate |
| &nbsp;&nbsp;Borrower 1 Citizen |
| &nbsp;&nbsp;Borrower 1 Country Name |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 1 Email or Internet |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 First Name |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs |
| &nbsp;&nbsp;Borrower 1 How was title held? |
| &nbsp;&nbsp;Borrower 1 Last Name |
| &nbsp;&nbsp;Borrower 1 Marital Status |
| &nbsp;&nbsp;Borrower 1 Middle Name |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 |
| &nbsp;&nbsp;Borrower 1 Other Income |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Race - White |
| &nbsp;&nbsp;Borrower 1 Rent or Own |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 1 Sex - Female |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 1 Sex - Male |
| &nbsp;&nbsp;Borrower 1 Sex Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 1 SSN |
| &nbsp;&nbsp;Borrower 1 Telephone Interview |
| &nbsp;&nbsp;Borrower 1 Years in Current Home |

---

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

---

| |
|:---|
| &nbsp;&nbsp;Borrower 2 Birthdate |
| &nbsp;&nbsp;Borrower 2 Citizen |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? |
| &nbsp;&nbsp;Borrower 2 Email or Internet |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname |
| &nbsp;&nbsp;Borrower 2 First Name |
| &nbsp;&nbsp;Borrower 2 Last Name |
| &nbsp;&nbsp;Borrower 2 Marital Status |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Race - White |
| &nbsp;&nbsp;Borrower 2 Rent or Own |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information |
| &nbsp;&nbsp;Borrower 2 Sex - Male |
| &nbsp;&nbsp;Borrower 2 SSN |
| &nbsp;&nbsp;Borrower 2 Years in Current Home |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Cash Disbursement Date |
| &nbsp;&nbsp;Closing/Settlement Date |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Interest Only Flag |
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Investor Loan ID |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan ID |
| &nbsp;&nbsp;Loan Origination Company |
| &nbsp;&nbsp;Loan Origination Company NMLS |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;Negative Amortization Flag |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Borrowers |
| &nbsp;&nbsp;Number of Mortgaged Properties |

---

COLT 2026-3 Due Diligence Narrative Report – PagE \| 4

---

| |
|:---|
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty Flag |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property County |
| &nbsp;&nbsp;Property Rights |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Value |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Subject Property Gross Rental income |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;ULI |
| &nbsp;&nbsp;Verified Doc Type |

---

**CREDIT UNDERWRITING**

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

● **Loan Attributes** 

To determine borrower program eligibility, Clarifii verified the following loan attributes and, where applicable, recalculated based on the information provided:

– Assets and Reserves

– Gross Income

– Lien Position

– Loan Purpose

– Housing History

– Loan to Value Ratio (LTV) and Combined Loan to Value Ratio (CLTV)

– Monthly Debt

– Occupancy

– Property Type

– Qualifying principal, interest, tax, insurance, and association dues (PITIA)

– Debt to Income Ratio (DTI)

– Residual Income

– Debt Service Coverage Ratio (DSCR)

COLT 2026-3 Due Diligence Narrative Report – PagE \| 5

● **Credit Application** 

Clarifii verified the following items per the Uniform Residential Loan Application Form 1003 (1003):

– All known borrower-owned properties are disclosed on the Real Estate Owned (REO) Section 2

– Borrower(s) employment history

– Citizenship and eligibility

– First time home buyer status

– The application was signed by all borrowers

– The application was substantially complete

● **Credit History** 

Clarifii verified the following items:

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

– Bankruptcy and foreclosure seasoning

– Captured the monthly consumer debt payments for use in the applicable DTI calculation

– Installment and revolving payment history

– Mortgage/Rental payment history

– Verified and reviewed Real Estate Owned, Office of Foreign Assets Control (OFAC) search, and Fraud Alerts

– Number of tradelines

– Credit Score(s) and Qualifying Score Methodology

● **Employment and Income** 

When applicable, Clarifii determined whether all supporting documentation as required by the guidelines and Ability to Repay/Qualified Mortgage Rule (ATR/QM) were complete and accurate. The documentation was used to verify whether the income used to qualify the loan was calculated in accordance with the guidelines. Documentation verified employment and income were deemed acceptable if it was a third-party document as required by the guidelines and ATR when applicable and may include:

– Tax returns

– Financial statements

Paystubs

– IRS Form W-2s

– IRS Form 1099

– IRS documents

– Bank statements

– Lease agreements

– Award letters

– Other documentation in loan file

COLT 2026-3 Due Diligence Narrative Report – PagE \| 6

● **Fraud Review** 

For all Loans, Clarifii utilized the results from an independent, third-party fraud tool as well as information in the loan file to identify and address any potential misrepresentations including:

– Borrower identity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Social Security inconsistencies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Borrower name variations

– Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Borrower address history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Subject property ownership history

– Employment

– Licensing verification with the Nationwide Multistate Licensing System & Registry (NMLS):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Mortgage lender/originator

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ Loan officer

OFAC

● **Asset Review** 

Clarifii assessed whether the asset documentation required by the guidelines and ATR, when applicable, was present in the Loan file and within required timeframe. Documentation used to verify assets for down payment, closing costs, prepaid items and reserves may have included:

– Verification of deposits (VOD)

– Depository account statements

– Stock or security account statements

– Gift funds

– Settlements statements

– Other evidence of conveyance and transfer of funds if a sale of assets was involved

– Other documentation in loan file

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

● **Property** **Insurance and Taxes** 

Clarifii confirmed the presence of the insurance and tax information for the following:

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

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

Confirmed that the premium amount on both the hazard and flood insurance match figures from the DTI calculations

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

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

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 7

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

● **Debt Service Coverage Ratio (DSCR)** 

– Calculated DSCR, as required by guidelines

– Confirmed documentation requirements have been met

Summed principal and interest or interest payment, along with taxes, insurance and HOA payments to arrive at monthly property expense. This summed amount is used as the denominator to the monthly lease or estimated lease income, as required by guidelines

**DOCUMENT REVIEW**

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

● **Initial and Final 1003 Application** 

● **Note** 

● **Mortgage/Deed of Trust** 

● **Appraisal** 

● **Sales Contract** 

● **Title Commitment/Policy** 

● **Junior Lien/Subordination Agreement** 

● **Mortgage Insurance** 

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

● **Flood Certification** 

● **Initial and Final Loan Estimate (LE)** 

● **Initial and Final and Closing Disclosure (CD)** 

● **Post-Consummation Closing Disclosure (PCCD), as applicable** 

**COMPLIANCE REVIEW**

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

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

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

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 8

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

● **Compliance Documentation Requirements** 

Clarifii reviewed the following documents as they related to regulatory compliance:

– Initial and final application (1003)

– Note, including all addendums

– Copy of note for any junior liens (if applicable)

– Mortgage / Deed of Trust, including all riders

– Initial, Interim, and Final Loan Estimates (LE)

– Initial CD (i.e., the CD required to be received by the borrower(s) at least 3 business days prior to consummation) and re-disclosed CDs (as applicable and permitted by TILA/Regulation Z)

– Notice of Right to Cancel (when applicable)

– Rate Lock Date

– HOEPA Disclosures (when applicable)

– Initial Escrow Account Disclosure

● **Anti-Predatory Lending (Assignee Liability)** 

Loans were reviewed for violations of federal, state & local high cost, higher-priced and/or consumer finance laws and regulations that carry Assignee Liability, including those defined below. Any loan that is determined to be classified and/or defined as high cost, higher-priced, subprime, threshold, predatory high risk, covered or similar classification/definition was reported.

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

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

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

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

**Right of Rescission** 

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 9

**Qualified Mortgage and Ability to Repay**

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

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

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

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

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

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

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

**Miscellaneous Compliance Testing**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■  ***Mandatory Arbitration*** –
Clarifii reported mandatory arbitration provisions present in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■  ***Single Premium Credit Insurance*** – Clarifii reported single premium credit insurance policies or debt cancellation agreements present in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■  ***State prepayment and late charge restrictions*** – Clarifii reported instances where a prepayment penalty that exceeds the state permitted penalty has expired.

● **State and Local Anti-Predatory Requirements** 

The following is an itemization of the current and historical state and local anti-predatory lending requirements, considered customary in secondary market due diligence compliance testing and reviewed by Clarifii:

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

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

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

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

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

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

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

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 10

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 11

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● **Business Purpose Loan Compliance Review** 

– Non-Owner Occupied Declaration Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify reflects correct address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify application address is different from subject property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Verify executed by all borrowers

– Review Note accuracy and properly executed

– Review Mortgage and applicable riders for accuracy and properly executed

– Occupancy Letter (must state that borrower(s) will not reside in the property

COLT 2026-3 Due Diligence Narrative Report – PagE \| 12

– HMDA section (Information for Government Monitoring Purposes) of the application (initial and/or final)

– If property is in a flood zone, Flood Notice must be provided prior to closing

– Right to Receive Copy of Appraisal or Appraisal Waiver Disclosure

– Letter of Explanation detailing the use of proceeds.

– Borrower's statement of purpose for the loan.

– State License requirements when applicable

– State Predatory lending and high cost when applicable

**QUALIFIED MORTGAGE (QM)**

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

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

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

**ABILITY TO REPAY (ATR)**

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

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 13

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

Clarifii's review was based on information contained in the loan file at the time it was provided for review. All loans in the population reviewed by Clarifii were investment properties and were found to not be ATR/QM applicable.

**VALUATION REVIEW**

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

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

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

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

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

**INDEPENDENT THIRD-PARTY VALUES**

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

**Valuation Reconciliation Process:**

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

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

● In the event the Desk Review process yielded material exceptions or had a value exceeding a negative ten percent (-10%) variance, a field review was ordered to further establish the supported value, unless guidelines allowed for the use of the lower Desk Review value for purpose of LTV/CLTV/HCLTV.

**Uniform Collateral Data Portal (UCDP) Risk Score:**

● For loans with a Fannie Mae Collateral Underwriter Score (CU), if an CU Score was available and the CU Score was greater than 2.5, a Desk Review was either reviewed in the loan file or ordered by Clarifii. If the CU Score was less than or equal to 2.5, a Desk Review was not obtained/required based on market acceptance of UCDP Risk Score.

COLT 2026-3 Due Diligence Narrative Report – PagE \| 14

**VALUATION RESULTS SUMMARY**

The two tables below summarize the loans that contained independent third-party valuation product as well as loans with acceptable UCDP Risk Scores:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10% of OA or Acceptable UCDP Risk Score** |
| &nbsp;&nbsp;AVM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;BPO | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;LCA or CU Score <=2.5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;29 |
| &nbsp;&nbsp;Field Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

| | |
|:---|:---|
| **A** | The loan meets the published guidelines without any exceptions. The employment, income, assets, and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| **B** | The loan materially meets the published guidelines, but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets, and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |

---

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

**C** The loan does not materially meet the published guidelines. There are not sufficient compensating factors that justify exceeding the published guidelines. The employment, income, assets, or occupancy are not supported and justifiable. The borrower's willingness and ability to repay the loan were not documented or are unreasonable.

**D** There was not sufficient documentation to perform a review, or the credit file was not furnished.

**Valuation Event Grade**

---

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

---

**Compliance Event Grade** 

---

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

---

**CLARIFII DUE DILIGENCE RESULTS**

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 16

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;15 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;20 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** |

---

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

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;26 | &nbsp;&nbsp;74.29% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;9 | &nbsp;&nbsp;25.71% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** |

---

**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;24 | &nbsp;&nbsp;68.57% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;11 | &nbsp;&nbsp;31.43% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** |

---

COLT 2026-3 Due Diligence Narrative Report – PagE \| 17

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$26216500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

**Occupancy**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;22 | &nbsp;&nbsp;62.86% | &nbsp;&nbsp;$16456750.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;5.71% | &nbsp;&nbsp;$1549250.00 |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;11 | &nbsp;&nbsp;31.43% | &nbsp;&nbsp;$8210500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

**Loan Purpose**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;28 | &nbsp;&nbsp;80.00% | &nbsp;&nbsp;$19841750.00 |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;7 | &nbsp;&nbsp;20.00% | &nbsp;&nbsp;$6374750.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

**Lien Position**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$26216500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

**Original Term**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$26216500.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**35** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$26216500.00** |

---

**DATA COMPARE RESULTS**

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

COLT 2026-3 Due Diligence Narrative Report – PagE \| 18

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;5 | &nbsp;&nbsp;11 | &nbsp;&nbsp;54.55% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;3 | &nbsp;&nbsp;12 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Balloon Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any Outstanding Judgments? | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Any part of down payment borrowed? | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Bankruptcy in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Country Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;12 | &nbsp;&nbsp;83.33% |
| &nbsp;&nbsp;Borrower 1 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Borrower 1 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 First Name | &nbsp;&nbsp;2 | &nbsp;&nbsp;35 | &nbsp;&nbsp;94.29% |
| &nbsp;&nbsp;Borrower 1 Foreclosure in past 7 years? | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Has there been ownership in a property in last 3 yrs | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 How was title held? | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Middle Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Other Income | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Borrower 1 Race - I do not wish to provide this information | &nbsp;&nbsp;1 | &nbsp;&nbsp;12 | &nbsp;&nbsp;91.67% |
| &nbsp;&nbsp;Borrower 1 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Female | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Sex Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Telephone Interview | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Birthdate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Borrower 2 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Do you intend to occupy property as primary residence? | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Email or Internet | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Employer 1 Years in Line of Work | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity - Not Hispanic or Latino | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Ethnicity Visual Observation or Surname | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Marital Status | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Name of Employer1 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Race - White | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Rent or Own | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - I do not wish to provide this information | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Sex - Male | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower 2 Years in Current Home | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash Disbursement Date | &nbsp;&nbsp;4 | &nbsp;&nbsp;19 | &nbsp;&nbsp;78.95% |
| &nbsp;&nbsp;Closing/Settlement Date | &nbsp;&nbsp;19 | &nbsp;&nbsp;22 | &nbsp;&nbsp;13.64% |
| &nbsp;&nbsp;FHA Streamline/VA IRRL Indicator | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Investor Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Origination Company NMLS | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;4 | &nbsp;&nbsp;12 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Negative Amortization Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |

---

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;6 | &nbsp;&nbsp;12 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;10 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;8 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;1 | &nbsp;&nbsp;35 | &nbsp;&nbsp;97.14% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;34 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Rights | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;25 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;35 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;22 | &nbsp;&nbsp;90.91% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;11 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Subject Property Gross Rental income | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;22 | &nbsp;&nbsp;100.00% |

---

**CLARIFII THIRD PARTY REPORTS DELIVERED**

Clarifii furnished the following reports on this transaction:

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Supplemental Data Extract

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

**Disclaimer**

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

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

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

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

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

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

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

## Exhibit 99.7

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.7** 

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Deal ID** | **Investor Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| XXXX | XXXX | XXXX | 4350119578 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. - Due Diligence Vendor-02/19/2026 <br> Ready for Review-we got an exception to go LTV with a DSCR >1 (attached)<br>Attached is the correct note reflecting interest only with an I/O payment of $XXXX.<br>This should clear the condition. - Seller-02/19/2026 <br> Open-Audited LTV of 80% exceeds Guideline LTV of 75% <1.00 DSCR min DSCR .75 with 720 FICO max LTV 75%. (LTV still 75% if DSCR >1.00). - Due Diligence Vendor-02/19/2026 | Ready for Review-we got an exception to go LTV with a DSCR >1 (attached)<br>Attached is the correct note reflecting interest only with an I/O payment of $XXXX.<br>This should clear the condition. - Seller-02/19/2026 | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. - Due Diligence Vendor-02/19/2026<br>| Long term residence - Long Term Residence = 5+ years<br>Months Reserves exceed minimum required - 11.66 months PITIA reserves; 6 months reserves required. | FICO 748<br> 12m Reserves | XXXX - Exception.pdf<br> XXXX - Int. Only Note.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119578 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Closing | Prepayment Penalty Issue | Waived-Originator waiver applied to non material finding with comp factors<br> - Due Diligence Vendor-12/16/2025 <br> Open-Prepay not allowed closing In LLC In XXXX. only Only S-corps and Corporations are allowed a prepay. - Due Diligence Vendor-12/15/2025 |  | Waived-Originator waiver applied to non material finding with comp factors<br> - Due Diligence Vendor-12/16/2025<br>| Long term residence - Long Term Residence = 5+ years<br>Months Reserves exceed minimum required - 11.66 months PITIA reserves; 6 months reserves required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119573 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Settlement Statement for cash out refi. Audited Reserves of 3.73 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/13/2026 <br>Ready for Review-Document Uploaded. please see enclosed cash out received from a different property - Seller-02/11/2026 <br>Open-Audited Reserves of 1.59 month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/11/2026 | Ready for Review-Document Uploaded. please see enclosed cash out received from a different property - Seller-02/11/2026<br>| Resolved-Received Settlement Statement for cash out refi. Audited Reserves of 3.73 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/13/2026<br>| LTV is less than guideline maximum - Required is 70 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 762 |  | XXXX cash out.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119573 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Upon further review, the commercial loan application was located in the file. - Due Diligence Vendor-02/13/2026 <br> Ready for Review-Document Uploaded. per XXXX guidelines, a final 1003 is not applicable for DSCR loans - Seller-02/11/2026 <br> Open------Missing Final 1003 - Due Diligence Vendor-02/11/2026 | Ready for Review-Document Uploaded. per XXXX guidelines, a final 1003 is not applicable for DSCR loans - Seller-02/11/2026 | Resolved-Upon further review, the commercial loan application was located in the file. - Due Diligence Vendor-02/13/2026<br>| LTV is less than guideline maximum - Required is 70 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 762 |  | final 1003 memo.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119573 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-02/11/2026 <br>Open-Exception for Non-Warrantable Condo Single Entity 100% and reserves - Due Diligence Vendor-02/11/2026 |  | Waived-Originator exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence Vendor-02/11/2026<br>| LTV is less than guideline maximum - Required is 70 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 762 | 760+ credit<br> Only 10 units built by the owner |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-VOM provided for the subject property. - Due Diligence Vendor-02/24/2026 <br> Ready for Review-Document Uploaded. XXXX VOM - Seller-02/23/2026 <br> Counter-Finding remains. Client provided XXXX mortgage statement but it is not legible. Unable to read property address. Please provide legible copy - Due Diligence Vendor-02/19/2026 <br> Ready for Review-Document Uploaded. Mortgage statement for XXXX loan servicing with account #XXXX.<br> Credit supplement Showing same account #XXXX Next due XXXX opened XXXX.<br> - Seller-02/17/2026 <br> Open-Housing History Does Not Meet Guideline Requirements Missing satisfactory 12 month housing history for subject property. Subject to additional conditions. - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. XXXX VOM - Seller-02/23/2026 <br> Ready for Review-Document Uploaded. Mortgage statement for XXXXloan servicing with account #XXXX.<br> Credit supplement Showing same account #XXXX Next due XXXX opened XXXX.<br> - Seller-02/17/2026 | Resolved-VOM provided for the subject property. - Due Diligence Vendor-02/24/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | Mortgager statement XXXX.pdf<br> Credit supplement XXXX.pdf<br> XXXX VOM.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-HOA Questionnaire provided. - Due Diligence Vendor-02/23/2026 <br>Ready for Review-Document Uploaded. questionnaire - Seller-02/23/2026 <br>Counter-Finding remains. Exception received however missing Condo HOA Questionnaire - Due Diligence Vendor-02/19/2026 <br>Ready for Review-Document Uploaded. - Seller-02/17/2026 <br>Counter-Exception approval provided for another finding. Please provide the HOA questionnaire. Additional findings may apply. - Due Diligence Vendor-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026 <br>Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing from loan file. Subject to additional conditions. - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. questionnaire - Seller-02/23/2026 <br>Ready for Review-Document Uploaded. - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Resolved-HOA Questionnaire provided. - Due Diligence Vendor-02/23/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | XXXX condo exception.pdf<br> exception.pdf<br> XXXX questionnaire.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Condo Master Insurance Policy provided. - Due Diligence Vendor-02/23/2026 <br> Ready for Review-Document Uploaded. master insurance - Seller-02/23/2026 <br> Counter-Finding remains. Condo Master Policy is missing, please provide - Due Diligence Vendor-02/19/2026 <br> Ready for Review-pls review exception from XXXX, condo - Seller-02/17/2026 <br> Counter-Received exception for investor concentration. Please provide the master Insurance Policy. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-Missing Condo Master Insurance Policy Missing from loan file<br> - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. master insurance - Seller-02/23/2026 <br> Ready for Review-pls review exception from XXXX, condo - Seller-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 | Resolved-Condo Master Insurance Policy provided. - Due Diligence Vendor-02/23/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | XXXX condo exception.pdf<br> XXXX master.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-HUD from 2 other units provided - cash out on both transactions cover reserves. - Due Diligence Vendor-02/19/2026 <br> Counter-Finding remains. Client provided CD that reflects loan amount of $XXXX however that is not the correct loan amount. Short reserves - Due Diligence Vendor-02/19/2026 <br> Ready for Review-Document Uploaded. - Seller-02/17/2026 <br> Counter-Multipack, settlement statement for other REO provided, however the cash out proceed for loan XXXX was used for reserves which was insufficient. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-Audited Reserves of 0.06 month(s) are less than Guideline Required Reserves of 3 month(s) Short reserves. No assets provided in loan file. - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Resolved-HUD from 2 other units provided - cash out on both transactions cover reserves. - Due Diligence Vendor-02/19/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | cash out funds from other closing.pdf<br>additioanal funds from closing.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Good standing provided with a next statement due date of XXXX. Confirmed active on XXXX DOS website. - Due Diligence Vendor-02/19/2026 <br> Ready for Review-The Business Entity Formation Document shows business is active. - Seller-02/17/2026 <br> Counter-Good standing provided, however it is not dated. Finding remains. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/13/2026 <br> Open-The Business Entity Formation Document is incomplete Business in good standing documentation missing from loan file - Due Diligence Vendor-02/12/2026 | Ready for Review-The Business Entity Formation Document shows business is active. - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/13/2026<br>| Resolved-Good standing provided with a next statement due date of XXXX. Confirmed active on XXXX DOS website. - Due Diligence Vendor-02/19/2026 | Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | XXXX LLC.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119572 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator provided a waiver for investor concentration, applied to non material finding with reviewed comp factors - Due Diligence Vendor-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026 <br>Open-The subject has 100% investor concentration and 60% is the max allowed. No exception in loan file. - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Waived-Originator provided a waiver for investor concentration, applied to non material finding with reviewed comp factors - Due Diligence Vendor-02/17/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762<br>LTV is less than guideline maximum - Required is 80 Borrower has 55.2 |  | XXXX exception.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119574 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator exception granted to allow one entity owning all 10 units in a condo project. Waiver applied with comp factors. - Due Diligence Vendor-02/25/2026 <br> Open-10 Unit project is 100% owned by one investor who is our borrower exceeds the 30% max. - Due Diligence Vendor-02/12/2026 |  | Waived-Originator exception granted to allow one entity owning all 10 units in a condo project. Waiver applied with comp factors. - Due Diligence Vendor-02/25/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 | Originator provided: 760+ FICO<br> Audit: LTV 56% < 75% allowed |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119574 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Waived-Document Uploaded. Originator waiver applied to non-material finding with compensating factors. Exception for a DSCR below 1. - Due Diligence Vendor-02/24/2026 <br> Ready for Review-Document Uploaded. investor exception - Seller-02/24/2026 <br> Counter-Exception provided is for Condo Requirements. Finding is for the DSCR < 1. - Due Diligence Vendor-02/23/2026 <br> Ready for Review-Document Uploaded. This is the exception with all details directly from the investor (XXXX) - Seller-02/17/2026 <br> Counter-Exception for investor concentration provided, however the DSCR calculation is < 1 minimum required. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-The Calculated DSCR of '0.918' is less than the minimum DSCR per lender guidelines of '1'. Interest only note requires DSCR of 1 - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. investor exception - Seller-02/24/2026 <br>Ready for Review-Document Uploaded. This is the exception with all details directly from the investor (XXXX) - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Waived-Document Uploaded. Originator waiver applied to non-material finding with compensating factors. Exception for a DSCR below 1. - Due Diligence Vendor-02/24/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 | 762 fico<br> 56% LTV | exception.pdf<br> XXXX EXCEPTION.pdf<br> XXXX excep.pdf<br> exception.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119574 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Condo questionnaire received. - Due Diligence Vendor-02/24/2026 <br> Counter-Exception approval for Investor concentration provided. Please provide the Condo Questionnaire. - Due Diligence Vendor-02/23/2026 <br> Ready for Review-Document Uploaded. pls review condo exception from XXXX and waive. ty - Seller-02/17/2026 <br> Counter-Exception approval for investor concentration provided, however we are missing the HOA Questionnaire. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. pls review condo exception from XXXX and waive. ty - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Resolved-Condo questionnaire received. - Due Diligence Vendor-02/24/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 |  | condo exception.pdf<br> XXXX exception.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119574 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Condo master policy received. - Due Diligence Vendor-02/24/2026 <br> Counter-Please provide the Master Insurance Policy. - Due Diligence Vendor-02/23/2026 <br> Ready for Review-pls review condo exception from XXXX and waive. ty - Seller-02/17/2026 <br> Counter-Exception approval for investor concentration provided, however we are missing the Master Insurance Policy. - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-Missing Condo Master Insurance Policy Missing Master Policy - Due Diligence Vendor-02/12/2026 | Ready for Review-pls review condo exception from XXXX and waive. ty - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Resolved-Condo master policy received. - Due Diligence Vendor-02/24/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 |  | condo exception.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119574 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Proceeds from unit XXXX were applied and reserves were met. - Due Diligence Vendor-02/19/2026 <br> Counter-Received CD for with property address noted as subject. Missing CD from other closings to document assets received. - Due Diligence Vendor-02/19/2026 <br> Ready for Review-Document Uploaded. borrower closed 3 consecutive loans, receiving enough assets to cover reserves. CD's from other 2 closing have been uploaded. - Seller-02/17/2026 <br> Counter-Multipack review, the cash out proceeds for reserves on loan XXXX - Due Diligence Vendor-02/17/2026 <br> Ready for Review-Document Uploaded. - Seller-02/12/2026 <br> Open-Audited Reserves of 2.14 month(s) are less than Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/12/2026 | Ready for Review-Document Uploaded. borrower closed 3 consecutive loans, receiving enough assets to cover reserves. CD's from other 2 closing have been uploaded. - Seller-02/17/2026 <br>Ready for Review-Document Uploaded. - Seller-02/12/2026<br>| Resolved-Proceeds from unit XXXX were applied and reserves were met. - Due Diligence Vendor-02/19/2026 | LTV is less than guideline maximum - Required is 75 Borrower has 56<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 |  | cd from closing weith additional funds.pdf<br> additioanal funds from closing.pdf<br> XXXX cd.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119585 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119586 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/11/2026 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/11/2026<br>| Residual Income =/> 1.5 times $XXXX monthly residual income - Residual Income =/> 1.5 times $XXXX monthly residual income - Qualifying residual $XXXX; minimum required NONE<br> Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 10+ Years – Minimum = 2 Years<br> On time mortgage history exceeds guideline requirement - On Time Mortgage History = 99 Months Required = 12 months |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119575 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income 5 Months Income Verified is Missing | Resolved-Received PITI - Due Diligence Vendor-02/25/2026 <br> Ready for Review-Document Uploaded. supplement attached verifying PITI. - Seller-02/23/2026 <br> Open-Income 5 Months Income Verified is Missing Missing mortgage statement verifying PITI - XXXX - Due Diligence Vendor-02/23/2026 | Ready for Review-Document Uploaded. supplement attached verifying PITI. - Seller-02/23/2026<br>| Resolved-Received PITI - Due Diligence Vendor-02/25/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 792 Required is 660 Borrower has 792<br>LTV is less than guideline maximum - Required is 80 Borrower has 51.47 Required is 80 Borrower has 51.47<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.7 Required is 50 Borrower has 9.7 |  | Supplement - XXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119575 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income 6 Months Income Verified is Missing | Resolved-Received PITI - Due Diligence Vendor-02/25/2026 <br> Ready for Review-Document Uploaded. Please see the enclosed 1003 for this property... we had it in our REO as it was supposed to close same time as our subject... but closing was pushed off (did not close yet) - Seller-02/23/2026 <br> Open-Income 6 Months Income Verified is Missing Missing mortgage statement verifying PITI - XXXX - Due Diligence Vendor-02/23/2026 | Ready for Review-Document Uploaded. Please see the enclosed 1003 for this property... we had it in our REO as it was supposed to close same time as our subject... but closing was pushed off (did not close yet) - Seller-02/23/2026<br>| Resolved-Received PITI - Due Diligence Vendor-02/25/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 792 Required is 660 Borrower has 792<br>LTV is less than guideline maximum - Required is 80 Borrower has 51.47 Required is 80 Borrower has 51.47<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.7 Required is 50 Borrower has 9.7 |  | 1003 - XXXX - Proposed payment.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119582 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-After further review, the credit scores were not entered for this loan, - Due Diligence Vendor-02/20/2026 <br>Open-Audited FICO of is less than Guideline FICO of 660 - Due Diligence Vendor-02/19/2026 |  | Resolved-After further review, the credit scores were not entered for this loan, - Due Diligence Vendor-02/20/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 70<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 11.64 |  | XXXX_Credit Report.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119589 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119580 | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-03/02/2026 <br>Ready for Review-Document Uploaded. fraud report - Seller-02/27/2026 <br>Open-Missing Third Party Fraud Report, OFAC and proof all interested parties have been searched - Due Diligence Vendor-02/26/2026 | Ready for Review-Document Uploaded. fraud report - Seller-02/27/2026<br>| Resolved-Received Fraud Report. - Due Diligence Vendor-03/02/2026<br>| LTV is less than guideline maximum - Required is 80 Borrower has 57.14 Required is 80 Borrower has 57.14<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 755 Required is 660 Borrower has 755 |  | XXXX FRAUD.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119571 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator exception granted to allow Primary residence signed as LLC, Non-material waiver applied with comp factors.<br> non-material due to DTI under maximum and Residual income/ - Due Diligence Vendor-03/02/2026 <br>Open-Note, mortgage and title signed/held in an LLC. Exception in the file. - Due Diligence Vendor-03/02/2026 |  | Waived-Originator exception granted to allow Primary residence signed as LLC, Non-material waiver applied with comp factors.<br> non-material due to DTI under maximum and Residual income/ - Due Diligence Vendor-03/02/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 734 Required is 660 Borrower has 734<br>LTV is less than guideline maximum - Required is 80 Borrower has 51.47 Required is 80 Borrower has 51.47<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 10.34 Required is 50 Borrower has 10.34 | under 5 DTI, $XXXX+ residual, 5 years on job, 25 years on line of work |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119576 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 78.99% exceeds Guideline LTV of 75% originator waiver applied with comp factors deemed non-material LTV exceeded by less than 5%<br> - Due Diligence Vendor-03/03/2026 <br>Open-Audited LTV of 78.99% exceeds Guideline LTV of 75% originator waiver applied with comp factors deemed non-material LTV exceeded by less than 5%<br> - Due Diligence Vendor-03/03/2026 |  | Waived-Audited LTV of 78.99% exceeds Guideline LTV of 75% originator waiver applied with comp factors deemed non-material LTV exceeded by less than 5%<br> - Due Diligence Vendor-03/03/2026<br>| Months Reserves exceed minimum required - 64.99 months exceeds required 3 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 760 Borrower has 813 | FICO higher than 740, AND at least 20 points higher than guideline minimum<br> Monthly reserves is verified AND at least 4 months more than guideline minimum<br> Housing payment history is 0x30x24 or better<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Received Operating Agreement and Warranty Deed. - Due Diligence Vendor-03/09/2026 <br> Ready for Review-Document Uploaded. deed - Seller-03/05/2026 <br> Open-Property Title Issue Title vested in XXXX. to be vested in Borrower XXXX. Missing documentation supporting docs including Operating Agreement for XXXX. Also missing executed General Warranty Deed/QCD from XXXX (what's in file is not executed). Payoff reflects paying off a blanket mortgage. Additional conditions may apply to qualify as REFI. - Due Diligence Vendor-02/27/2026 | Ready for Review-Document Uploaded. deed - Seller-03/05/2026<br>| Resolved-Received Operating Agreement and Warranty Deed. - Due Diligence Vendor-03/09/2026<br>| Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 |  | XXXX WD _Recorded.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Received Operating Agreement and Warranty Deed. - Due Diligence Vendor-03/09/2026 <br> Ready for Review-Document Uploaded. deed - Seller-03/05/2026 <br> Open-Vested Owner Signature Requirement Not met. Missing executed General Warranty Deed/QCD from XXXX (what's in file is not executed) - Due Diligence Vendor-03/02/2026 | Ready for Review-Document Uploaded. deed - Seller-03/05/2026<br>| Resolved-Received Operating Agreement and Warranty Deed. - Due Diligence Vendor-03/09/2026<br>| Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 |  | XXXX WD _Recorded.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received operating agreement supporting 100% use of xxXXXX reflecting sufficient reserves. - Due Diligence Vendor-03/09/2026 <br>Ready for Review-Document Uploaded. operating agreements for both LLC's - Seller-03/05/2026 <br>Open-Audited Reserves of 0.1 month(s) are less than Guideline Required Reserves of 3 month(s) Bank statements are in company names with no evidence of borrower ownership % or access. additional findings may apply. - Due Diligence Vendor-03/04/2026 | Ready for Review-Document Uploaded. operating agreements for both LLC's - Seller-03/05/2026<br>| Resolved-Received operating agreement supporting 100% use of XXXX reflecting sufficient reserves. - Due Diligence Vendor-03/09/2026 | Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 |  | OA XXXX.pdf<br> XXXX oa.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Builder in Control of the HOA | Waived-Originator waiver applied to non material finding with comp factors. Deemed non material due to subject is a site condo.<br> - Due Diligence Vendor-03/04/2026 <br>Open-Builder is in control of HOA Newly built 12 unit condo project, appraisal report reflects Developer in control of the HOA. - Due Diligence Vendor-03/02/2026 |  | Waived-Originator waiver applied to non material finding with comp factors. Deemed non material due to subject is a site condo.<br> - Due Diligence Vendor-03/04/2026<br>| Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Originator exception granted, waiver applied with comp factors.<br> - Due Diligence Vendor-03/04/2026 <br>Open-Exceptions in file approved for borrower to refi being 33% owner of the LLC that owns the property instead<br> of 50% owner. Refinancing into a single entity LLC - Due Diligence Vendor-03/04/2026 |  | Waived-Originator exception granted, waiver applied with comp factors.<br> - Due Diligence Vendor-03/04/2026<br>| Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 | 12+ months reserves (pending evidence of account access) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119577 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator exception granted, waiver applied with comp factors. Deemed non material due to >5% exception to LTV<br> - Due Diligence Vendor-03/04/2026 <br>Open-Audited LTV of 78.99% exceeds Guideline LTV of 75% Max LTV is 75% for a non-warrantable condo . - Due Diligence Vendor-03/02/2026 |  | Waived-Originator exception granted, waiver applied with comp factors. Deemed non material due to >5% exception to LTV<br> - Due Diligence Vendor-03/04/2026<br>| Credit history exceeds minimum required - Trades paid as agreed 24+ months with required 12 months<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 813 | 12+ Reserves (pending evidence of access to accounts.) |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119590 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119591 | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received evidence of no affiliates. Finding resolved. - Due Diligence Vendor-03/13/2026 <br>Ready for Review-Document Uploaded. - Seller-03/11/2026 <br>Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. <br> - Due Diligence Vendor-03/06/2026 | Ready for Review-Document Uploaded. - Seller-03/11/2026<br>| Resolved-Received evidence of no affiliates. Finding resolved. - Due Diligence Vendor-03/13/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 41.35<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 725 |  | XXXX_XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119581 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119583 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC, Finding Resolved. - Due Diligence Vendor-03/09/2026 <br> Counter------Received COC XXXX for fee increase. Missing explanation of loan program change. Finding remains. - Due Diligence Vendor-03/05/2026 <br> Ready for Review-Document Uploaded. - Seller-03/04/2026 <br> Ready for Review-Document Uploaded. - Seller-02/27/2026 <br> Open-This loan failed the charges that cannot increase test. (XXXX))The loan contains charges that exceed the good faith determination according to §XXXX.One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXXX.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 §XXXX) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXXX). ------Zero (0%) tolerance fees increased by $XXXX (Discount Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-02/23/2026 | Ready for Review-Document Uploaded. - Seller-03/04/2026 <br>Ready for Review-Document Uploaded. - Seller-02/27/2026<br>| Resolved-Received COC, Finding Resolved. - Due Diligence Vendor-03/09/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.07<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 817 |  | COC.pdf<br>COC.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119583 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received COC, Finding Resolved. - Due Diligence Vendor-03/09/2026 <br> Counter-Received COC for lender credit decrease, missing explanation for loan program change. Finding remains. - Due Diligence Vendor-03/05/2026 <br> Ready for Review-Document Uploaded. - Seller-03/04/2026 <br> Counter------Received COC XXXX for lender credit decrease. Missing explanation of change. Finding remains. - Due Diligence Vendor-03/02/2026 <br> Ready for Review-Document Uploaded. - Seller-02/27/2026 <br> Open-This loan failed the lender credits that cannot decrease test. (XXXX))The loan contains charges that exceed the good faith determination according to §XXXX). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). 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 §XXXX) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXXX). ------Lender credit decreased from $XXXX to $0.00 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XXXX post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-02/23/2026 | Ready for Review-Document Uploaded. - Seller-03/04/2026 <br>Ready for Review-Document Uploaded. - Seller-02/27/2026<br>| Resolved-Received COC, Finding Resolved. - Due Diligence Vendor-03/09/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.07<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 817 |  | COC.pdf<br>COC.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119583 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/23/2026 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/23/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 17.07<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 817 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119584 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119588 | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report was provided. - Due Diligence Vendor-03/16/2026 <br>Ready for Review-Document Uploaded. Uploaded. See Soft Pull Credit Report. - Seller-03/12/2026 <br>Open-Borrower 1 Gap Credit Report is Missing Per guidelines Gap credit report is required - Due Diligence Vendor-02/26/2026 | Ready for Review-Document Uploaded. Uploaded. See Soft Pull Credit Report. - Seller-03/12/2026<br>| Resolved-Borrower 1 Gap Credit Report was provided. - Due Diligence Vendor-03/16/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.11<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.37 |  | SOFT PULL Credit_Report_XXXXt.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119588 | XXXX D A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-680 was the minimum qualifying score. - Due Diligence Vendor-03/16/2026 <br>Ready for Review-Document Uploaded. Uploaded. See Matrix. - Seller-03/13/2026 <br>Open-Audited FICO of 714 is less than Guideline FICO of 720 - Due Diligence Vendor-02/27/2026 | Ready for Review-Document Uploaded. Uploaded. See Matrix. - Seller-03/13/2026<br>| Resolved-680 was the minimum qualifying score. - Due Diligence Vendor-03/16/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.11<br>LTV is less than guideline maximum - Required is 80 Borrower has 62.37 |  | image001 MATRIX.png | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119587 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received Purchase Contract - Due Diligence Vendor-03/10/2026 <br>Ready for Review-Document Uploaded. - Seller-03/06/2026 <br>Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing seller signature on purchase contracts in loan file - Due Diligence Vendor-02/26/2026 | Ready for Review-Document Uploaded. - Seller-03/06/2026<br>| Resolved-Received Purchase Contract - Due Diligence Vendor-03/10/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.72<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 747<br>LTV is less than guideline maximum - Required is 80 Borrower has 64.83 |  | Purchase Contract.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119596 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/26/2026 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-02/26/2026<br>| LTV is less than guideline maximum - Required is 70 Borrower has 59.17<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 704<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 23.41 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119597 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA license validation. - Due Diligence Vendor-03/13/2026 <br>Ready for Review-Document Uploaded. please review the attached verification of CPA license - Seller-03/12/2026 <br>Open-Borrower 1 CPA Letter Missing CPA Letter provided; however, missing verification of CPA license in file. - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. please review the attached verification of CPA license - Seller-03/12/2026<br>| Resolved-Received CPA license validation. - Due Diligence Vendor-03/13/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 30.95<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731<br>LTV is less than guideline maximum - Required is 75 Borrower has 33.14 |  | Search - XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119597 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-03/06/2026 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-03/06/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 30.95<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731<br>LTV is less than guideline maximum - Required is 75 Borrower has 33.14 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119593 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-03/06/2026 <br>Ready for Review-Document Uploaded. - Seller-03/05/2026 <br>Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description "Exhibit A" - Due Diligence Vendor-03/02/2026 | Ready for Review-Document Uploaded. - Seller-03/05/2026<br>| Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-03/06/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.58 |  | Exhibit A (2).pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119593 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/02/2026 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/02/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 734<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.58 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119579 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Trust/POA Does Not Meet Guideline Requirements | Resolved-Received corrected Note and Security Instrument executed correctly for POA - Due Diligence Vendor-03/13/2026 <br>Ready for Review-Document Uploaded. Enclosed please find the note and mortgage with the correct signatures. We confirmed that the mortgage is being recorded correctly - Seller-03/12/2026 <br>Open-The documentation was signed with a power of attorney; however, the signatures do not clearly indicate the signor is acting on behalf of the principal by signing their name, followed by borrower's name and capacity as POA. The POA signor signed their name only. - Due Diligence Vendor-03/09/2026 | Ready for Review-Document Uploaded. Enclosed please find the note and mortgage with the correct signatures. We confirmed that the mortgage is being recorded correctly - Seller-03/12/2026<br>| Resolved-Received corrected Note and Security Instrument executed correctly for POA - Due Diligence Vendor-03/13/2026<br>| LTV is less than guideline maximum - Required is 80 Borrower has 32<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.61 |  | XXXX CORRECT NOTE.pdf<br> XXXX CORRECT MTG.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119579 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Originator exception granted to allow less than minimum loan amount of $XXXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/09/2026 <br> Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXXX - Due Diligence Vendor-03/06/2026 |  | Waived-Originator exception granted to allow less than minimum loan amount of $XXXX. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/09/2026 | LTV is less than guideline maximum - Required is 80 Borrower has 32<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.61 |  | XXXX loan amount exception.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119579 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Exception approved in file for non-warrantable condo with 4.9% reserves. - Due Diligence Vendor-03/09/2026 <br> Open-Exception for NWC with 4.9 reserves. - Due Diligence Vendor-03/09/2026 |  | Waived-Originator Waiver applied to Non-Material Finding with Comp Factors. Exception approved in file for non-warrantable condo with 4.9% reserves. - Due Diligence Vendor-03/09/2026<br>| LTV is less than guideline maximum - Required is 80 Borrower has 32<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 757<br>Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.61 | Loan To Value 10%or more under requirement X<br> FICO20 points or more above requirement X<br> Total Debt 10%or more under requirement<br> Residual Income $XXXX or more X<br> Long Term Employment(>5years)<br> Provided24 months bank statements |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119601 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received confirmation of business phone number. - Due Diligence Vendor-03/19/2026 <br>Ready for Review-Document Uploaded. Please See Google Search - Seller-03/17/2026 <br>Open-Income and Employment Do Not Meet Guidelines Missing business number search, business phone number must be verifiable via Google Search, 411.com or internet. - Due Diligence Vendor-03/17/2026 | Ready for Review-Document Uploaded. Please See Google Search - Seller-03/17/2026<br>| Resolved-Received confirmation of business phone number. - Due Diligence Vendor-03/19/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - FICO = 785 Min FICO = 660 Required is 660 Borrower has 785<br>Qualifying DTI below maximum allowed - DTI = 8.19% - Max DTI = 49.99% Required is 49.99 Borrower has 8.19 |  | XXXX GOOGLE SEARCH.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119604 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC provided for seller. - Due Diligence Vendor-03/17/2026 <br>Ready for Review-Document Uploaded. Please see the search results. - Seller-03/13/2026 <br>Counter-Received OFAC clearance on B2. Missing for seller. - Due Diligence Vendor-03/13/2026 <br>Ready for Review-Document Uploaded. Please see the sanctions search result. - Seller-03/11/2026 <br>Open-OFAC Check Not Completed and/or Cleared Parties on OFAC show open review items for borrower, co-borrower, owner of record.<br> Gift donors to be added (2) to interested parties and OFAC - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Please see the search results. - Seller-03/13/2026 <br>Ready for Review-Document Uploaded. Please see the sanctions search result. - Seller-03/11/2026<br>| Resolved-OFAC provided for seller. - Due Diligence Vendor-03/17/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | Sanctions List Search (1).pdf<br> Sanctions List Search1.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119604 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received fraud report reflecting high alerts cleared. - Due Diligence Vendor-03/13/2026 <br>Ready for Review-Document Uploaded. Please see the cleared fraud report. - Seller-03/12/2026 <br>Open-Fraud Report Shows Uncleared Alerts Fraud report shows high alerts not yet cleared. - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Please see the cleared fraud report. - Seller-03/12/2026<br>| Resolved-Received fraud report reflecting high alerts cleared. - Due Diligence Vendor-03/13/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | LoanXXXX.XXXX.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119604 | XXXX C A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Received gift letter. - Due Diligence Vendor-03/13/2026 <br> Ready for Review-Document Uploaded. Please see gift letter. - Seller-03/11/2026 <br> Open-Asset Record 3 Does Not Meet G/L Requirements XXXX account #XXXX reflects $XXXX deposit on XXXX, which shows as a gift. Provide acceptable gift letter. - Due Diligence Vendor-03/10/2026 | Ready for Review-Document Uploaded. Please see gift letter. - Seller-03/11/2026<br>| Resolved-Received gift letter. - Due Diligence Vendor-03/13/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 753<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 33.32 |  | XXXX_Do Not Send.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119598 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received acknowledgment of fraud score. - Due Diligence Vendor-03/18/2026 <br>Ready for Review-Document Uploaded. Please see the letter. - Seller-03/16/2026 <br>Open-Third Party Fraud Report Partially Provided Fraud score 916 requires management approval - missing documentation - Due Diligence Vendor-03/11/2026 | Ready for Review-Document Uploaded. Please see the letter. - Seller-03/16/2026<br>| Resolved-Received acknowledgment of fraud score. - Due Diligence Vendor-03/18/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 721<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.27 |  | FRAUD ALERT LETTER (1)-signed.pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119598 | XXXX D B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings - Due Diligence Vendor-03/10/2026 |  | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings - Due Diligence Vendor-03/10/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 721<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 43.27 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119592 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA |  |  | XXXX |
| XXXX | XXXX | XXXX | 4350119602 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Income/Employment General | Resolved-Received internet validation of business phone number. - Due Diligence Vendor-03/18/2026 <br>Ready for Review-Document Uploaded. - Seller-03/16/2026 <br>Open-Missing verification of business phone number via Google Search, 411.com or internet. - Due Diligence Vendor-03/16/2026 | Ready for Review-Document Uploaded. - Seller-03/16/2026<br>| Resolved-Received internet validation of business phone number. - Due Diligence Vendor-03/18/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.18<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 723<br>LTV is less than guideline maximum - Required is 80 Borrower has 73.85 |  | XXXX...pdf | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119602 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/10/2026 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/10/2026<br>| Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 42.18<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 723<br>LTV is less than guideline maximum - Required is 80 Borrower has 73.85 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119600 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/12/2026 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/12/2026<br>| LTV is less than guideline maximum - Required is 75 Borrower has 65.3<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 743 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119605 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material finding. - Due Diligence Vendor-03/13/2026 |  | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material finding. - Due Diligence Vendor-03/13/2026 | Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 36.73<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 798<br>LTV is less than guideline maximum - Required is 75 Borrower has 57.14 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119603 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/13/2026 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/13/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 739<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 38.61<br>LTV is less than guideline maximum - Required is 80 Borrower has 70 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Purchase | NA | Originator Post-Close | N/A | XXXX |
| XXXX | XXXX | XXXX | 4350119599 | XXXX B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/17/2026 |  | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings.<br> - Due Diligence Vendor-03/17/2026<br>| Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 682<br>Qualifying DTI below maximum allowed - Required is 49.99 Borrower has 39.96 |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | XXXX |
| XXXX | XXXX | XXXX | 4350119595 | XXXX C B A | Closed | XXXX | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Waiver in file. Non-material with comp factors. - Due Diligence Vendor-03/20/2026 <br> Open-Audited LTV of 75% exceeds Guideline LTV of 65% Guidelines allow a maximum LTV of 65% for a cash-out refinance with a loan amount greater than $XXXX. The subject loan closed as a cash-out refinance with a loan amount of $XXXX and an LTV of 75%. Approved exception in file. - Due Diligence Vendor-03/20/2026 |  | Waived-Waiver in file. Non-material with comp factors. - Due Diligence Vendor-03/20/2026<br>| Months Reserves exceed minimum required - Guidelines require 9 months of reserves. Borrower has 34.14 months of reserves.<br>Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 768 | Experienced Investor<br> Borrower has over 500k (over 35 months) in reserves aside for the cashout funds<br> Long term homeownership<br> Long term employment<br> FICO 768 |  | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XXXX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | XXXX |
| XXXX | XXXX | XXXX | 4350119594 | XXXX A |  | XXXX | XXXX | XXXX |  | A |  |  |  |  |  |  |  |  |  | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XXXX | Second Home | Purchase | NA |  |  | XXXX |

---

## Exhibit 99.8

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.8** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | XXXX | 4350119578 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX D A B |
| XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX D A B |
| XXXX | XXXX | 4350119574 | XXXX | XXXX | XXXX D A B |
| XXXX | XXXX | 4350119585 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119586 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350119582 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350119589 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119580 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX D A B |
| XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350119590 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119591 | XXXX | XXXX | XXXX A D |
| XXXX | XXXX | 4350119581 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119583 | XXXX | XXXX | XXXX A C B |
| XXXX | XXXX | 4350119584 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119588 | XXXX | XXXX | XXXX D A |
| XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350119596 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119597 | XXXX | XXXX | XXXX D B A |
| XXXX | XXXX | 4350119593 | XXXX | XXXX | XXXX C B A |
| XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350119601 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350119604 | XXXX | XXXX | XXXX C A |
| XXXX | XXXX | 4350119598 | XXXX | XXXX | XXXX D B A |
| XXXX | XXXX | 4350119592 | XXXX | XXXX | XXXX A |
| XXXX | XXXX | 4350119602 | XXXX | XXXX | XXXX C B A |
| XXXX | XXXX | 4350119600 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119605 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119603 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119599 | XXXX | XXXX | XXXX A B |
| XXXX | XXXX | 4350119595 | XXXX | XXXX | XXXX C A B |
| XXXX | XXXX | 4350119594 | XXXX | XXXX | XXXX A |

---

## Exhibit 99.9

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.9** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX | Borrower 1 Ethnicity - I do not wish to provide this information | the1003Page | true | false | Per initial application |
| XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX | Borrower 1 Race - I do not wish to provide this information | the1003Page | true | false | Per ID |
| XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | Per initial application & credit report |
| XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | DSCR |
| XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | per credit and payoff |
| XXXX | XXXX | 4350119585 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per CD |
| XXXX | XXXX | 4350119585 | XXXX | XXXX | XXXX | Qualifying FICO | creditLiabilitiesPage | 695 | 686 | Per Credit Report |
| XXXX | XXXX | 4350119586 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350119586 | XXXX | XXXX | XXXX | Qualifying FICO | creditLiabilitiesPage | 772 | 764 | Middle of 3 scores |
| XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | No other liens |
| XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | B1 Country Name | the1003Page | XXXX | XXXX | Per Final 1003 |
| XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | No other liens |
| XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 3 | 1 | per file. |
| XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Per 1008/Loan Approval |
| XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | Only 1 Lien |
| XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | Per 1003/Credit Report |
| XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | per 1003 & application |
| XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX | B1 Country Name | the1003Page | XXXX | XXXX | per USA Patriot Act Info Form |
| XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | per credit report disclosure |
| XXXX | XXXX | 4350119590 | XXXX | XXXX | XXXX | Closing/Settlement Date | closingDetailsNonCompliancePage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350119591 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final Cd |
| XXXX | XXXX | 4350119583 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119584 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per CD |
| XXXX | XXXX | 4350119588 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD in file |
| XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Per note |
| XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final cd |
| XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119596 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119597 | XXXX | XXXX | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350119597 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119593 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Audit captured the Closing Date, not Funding Date. |
| XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX | Property Address | notePage | XXXX | XXXX | Per Note |
| XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | no other lien |
| XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 2 | 1 | per 1003 |
| XXXX | XXXX | 4350119601 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per final closing disclosure |
| XXXX | XXXX | 4350119604 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119598 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119598 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119592 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per 1003 in file |
| XXXX | XXXX | 4350119592 | XXXX | XXXX | XXXX | Amount of Other Lien | titlePage | 0 | XXXX | only one lien |
| XXXX | XXXX | 4350119592 | XXXX | XXXX | XXXX | Number of Mortgaged Properties | creditLiabilitiesPage | 4 | 1 | total including rentals per 1003 |
| XXXX | XXXX | 4350119602 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119602 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119600 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350119605 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | per CD |
| XXXX | XXXX | 4350119603 | XXXX | XXXX | XXXX | Cash Disbursement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119603 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per Final CD |
| XXXX | XXXX | 4350119599 | XXXX | XXXX | XXXX | Closing/Settlement Date | finalCdDetailPage | XXXX | XXXX | Per PCCD |
| XXXX | XXXX | 4350119595 | XXXX | XXXX | XXXX | Loan Type | the1003Page | DSCR | Conventional | Per 1003 in file |
| XXXX | XXXX | 4350119595 | XXXX | XXXX | XXXX | Borrower 1 Other Income | the1003Page | 0 | XXXX | Per 1003 in file |
| XXXX | XXXX | 4350119595 | XXXX | XXXX | XXXX | Application Date | complianceDetailPage | XXXX | XXXX | Per 1003 in file |

---

## Exhibit 99.10

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.10**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | 4350119578 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.1 | XXXX |
| XXXX | XXXX | 4350119573 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 56 | 56 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXXX |
| XXXX | XXXX | 4350119572 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 55.2 | 55.2 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.5 | XXXX |
| XXXX | XXXX | 4350119574 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 56 | 56 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | XXXX | Not Eligible |  |  |
| XXXX | XXXX | 4350119585 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.91 | 56.91 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119586 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 61.86 | 61.86 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119575 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.7 | XXXX |
| XXXX | XXXX | 4350119582 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | XXXX | 4350119589 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 53.33 | 53.33 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119580 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.14 | 57.14 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX | Eligible | 1 | XXXX |
| XXXX | XXXX | 4350119571 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 51.47 | 51.47 | XXXX | XXXX | -0.0441 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXX | -0.0441 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | XXXX | 4350119576 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 78.99 | 78.99 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119577 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 78.99 | 78.99 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | XXXX | 4350119590 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 69.31 | 69.31 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119591 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 41.35 | 41.35 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119581 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119583 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119584 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 54.92 | 54.92 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119588 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 62.37 | 62.37 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119587 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 64.83 | 64.83 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119596 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.17 | 59.17 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119597 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 33.14 | 33.14 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119593 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 69.79 | 69.79 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119579 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 32 | 32 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX | Eligible | 1 | XXXX |
| XXXX | XXXX | 4350119601 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | XXXX | 4350119604 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119598 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119592 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | XXXX | 4350119602 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.85 | 73.85 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119600 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65.3 | 65.3 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | XXXX | 4350119605 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 57.14 | 57.14 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119603 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119599 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119595 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119594 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |

---

## Exhibit 99.11

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.11** 

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

**Overview**

Consolidated Analytics, Inc ("Consolidated Analytics"), a third party due diligence provider, performed the review described below on newly originated residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC through a bulk purchase. The review included a total of 23 newly originated residential mortgage loans, in connection with the securitization identified as COLT 2026-3 (the "Securitization"). The Review was conducted from February 2026 through March 2026 on mortgage loans originated between December 2025 and March 2026.

**Scope of Review**

**Credit Review**

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

The Credit Review attempted to confirm the following:

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

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

● Validate borrower(s) monthly gross income

● Validate funds required to close, required reserves

● Review file documentation for required level of income and asset verifications

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

● Review file documentation for required level of employment

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

● Confirm program, qualifying rate, terms

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

● Validate all concurrent loans are included in the DTI to properly assess the ability to repay

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

● Validate subject loan monthly payment (PITI) and associated obligations

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

● Validate monthly recurring liabilities

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

● Validate debt-to-income ratio (DTI) based upon income and debt documentation provided in the file

● Documentation meets Appendix Q requirements for QM Loans

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

● Review credit report for credit history and required credit depth including any / all inquiries

● Determine representative credit score from credit report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

○ The consumer's debt obligations, alimony, child support; and

○ The monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Compliance Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**Valuation Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For loans reviewed in a post-close valuation review scenario (23 loans in total):

Zero (0) loans had a Secondary Appraisal, zero (0) loans had an AVM, and seventeen (17) loans had Desktop Reviews. Consolidated Analytics has independent access to the Desktop Reviews ordered by the Aggregator.

If a loan with an AVM or Desktop Review fell outside of a -10% tolerance, was inconclusive, or a PIW was present, then a Field Review, a Broker Price Opinion (BPO) along with a Reconciliation of the values or a 2nd Appraisal was completed. There were zero (0) occurrences of this.

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

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

**TAPE INTEGRITY REVIEW RESULTS SUMMARY**

Of the twenty-three (23) mortgage loans reviewed, twelve (12) unique mortgage loans (52.17% by loan count) had a total of twelve (12) discrepancies across one (1) data field. A blank or zero value on the data tape when an actual value was captured by Consolidated Analytics was not treated as a data variance.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;City | &nbsp;&nbsp;12 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**12** | &nbsp;&nbsp;**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;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;23 | &nbsp;&nbsp;$8020373.25 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;23 | &nbsp;&nbsp;$8020373.25 | &nbsp;&nbsp;100.00% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |

---

---

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

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Percent of Sample |
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;23 | &nbsp;&nbsp;100.00% |

---

 **Exception Category Summary**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Exception Type | &nbsp;&nbsp;Exception Level Grade | &nbsp;&nbsp;Exception Category | &nbsp;&nbsp;Total |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Guarantor Identification Missing or Defective | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;LOAN AGREEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Title Insurance Coverage - Inadequate Coverage | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;LOAN APPLICATION MISSING OR DEFECTIVE | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;PAYOFF STATEMENT MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |

---

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;NO FINDINGS | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;ESTOPPEL CERTIFICATE MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;ENTITY DOCUMENTATION - MISSING OR DEFECTIVE | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Closing Documentation Missing or Defective | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Missing verification of taxes, insurance, and/or HOA fees for non-subject property | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions:*** | &nbsp;&nbsp;***40*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Required Affiliated Business Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Charges That Cannot Increase Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;Lender Credits That Cannot Decrease Test | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions:*** | &nbsp;&nbsp;***5*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;APPRAISAL REVIEW - MISSING | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;***Total Property Grade (A) Exceptions:*** | &nbsp;&nbsp;***5*** |

---

**Event Grade Definitions**

---

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

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Credit Event Grades** | &nbsp;&nbsp;**Credit Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan meets the published guidelines without any exceptions. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan substantially meets the published guidelines but reasonable compensating factors were considered and documented for exceeding published guidelines. The employment, income, assets and occupancy are supported and justifiable. The borrower's willingness and ability to repay the loan is documented and reasonable. |

---

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.

D There was not sufficient documentation to perform a review or the credit file was not furnished.

---

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

---

---

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

---

## Exhibit 99.12

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.12** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** | **Initial Compliance Loan Grades DBRS** | **Initial Compliance Loan Grades Fitch** | **Initial Compliance Loan Grades Kroll** | **Initial Compliance Loan Grades Moody's** | **Initial Compliance Loan Grades S&P** | **Final Compliance Loan Grades DBRS** | **Final Compliance Loan Grades Fitch** | **Final Compliance Loan Grades Kroll** | **Final Compliance Loan Grades Moody's** | **Final Compliance Loan Grades S&P** |
| XXXX | 4350119610 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119613 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119626 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119616 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119614 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119627 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119624 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119628 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119615 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119625 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119620 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119621 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119617 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119608 |  |  | XXXX D | A | A | A | A | A D | A | A | A | A | A |
| XXXX | 4350119619 |  |  | XXXX D | C | C | C | C | C A D | A | A | A | A | A |
| XXXX | 4350119623 |  |  | XXXX A | C | C | C | C | C A | A | A | A | A | A |
| XXXX | 4350119607 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119606 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119609 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119611 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119612 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119618 |  |  | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | 4350119622 |  |  | XXXX D | N/A | N/A | N/A | N/A | N/A D | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.13

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.13**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Second Desk Review Variance Amount** | **Second Desk Review Variance Percent** | **Second Desk Review Appraisal Date** | **Second Desk Review Appraised Value** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350119610 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 80.00% | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| XXXX | 4350119613 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119626 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| XXXX | 4350119616 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119614 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119627 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119624 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| XXXX | 4350119628 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Eligible | 1 |  |
| XXXX | 4350119615 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1025 | XXXX | 75.00% | 75.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119625 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |
| XXXX | 4350119620 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 70.00% | 70.00% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119621 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 74.29% | 74.29% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  | Not Eligible |  |  |
| XXXX | 4350119617 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 30.36% | 30.36% | XXXX | XXXX | 0.00% | CDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119608 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1073 Individual Condo Report | XXXX | 66.01% | 66.01% | XXXX | XXXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119619 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 URAR | XXXX | 70.00% | 70.00% | XXXX | XXXX | 0.00% | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| XXXX | 4350119623 |  |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 URAR | XXXX | 85.00% | 85.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| XXXX | 4350119607 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119606 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 74.27% | 74.27% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119609 |  |  | XXXX | XXXX | XXXX |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -4.08% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119611 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 64.66% | 64.66% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119612 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 74.00% | 74.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119618 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119622 |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 1004 | XXXX | 75.00% | 75.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.14

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.14**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Seller Loan Number** | **Deal ID** | **Originator** | **Last Name** | **Note Date** | **Original Balance** | **State** | **TPR QM ATR Status** | **Loan Status** | **Exception Date** | **Remediation Status** | **Exception ID** | **Exception Type** | **Exception Category** | **Exceptions** | **Exception Rebuttal** | **Exception Rebuttal Date** | **Exception Rebuttal Response** | **Exception Rebuttal Response Date** | **Compensating Factors** | **Initial Compliance Grade** | **Final Compliance Grade** | **Initial Compliance Grade (DBRS/Morningstar)** | **Initial Compliance Grade (Fitch)** | **Initial Compliance Grade (Kroll)** | **Initial Compliance Grade (Moodys)** | **Initial Compliance Grade (S&P)** | **Final Compliance Grade (DBRS/Morningstar)** | **Final Compliance Grade (Fitch)** | **Final Compliance Grade (Kroll)** | **Final Compliance Grade (Moodys)** | **Final Compliance Grade (S&P)** |
| XXXX | XXXX | 4350119610 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: Received ID | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119610 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Rescinded | XXXX | Credit | Title Insurance Coverage - Inadequate Coverage | $XXXX Title Insurance coverage < $XXXX minimum coverage required. | XXXX: Rescind | XXXX | XXXX: Rescind | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119613 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: ID received | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119626 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119616 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: ID received | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119614 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: ID received | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119615 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: ID uploaded | XXXX | XXXX: ID received | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119626 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | Missing Satisfaction of Mortgage or Release of Lien. Title Commitment Schedule B, Item 12 shows Mortgage assigned to XXXX, as Trustee for the benefit of the Holders of XXXX. | XXXX: Release of lien uploaded | XXXX | XXXX: Received Release of Lien | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119627 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | Missing Satisfaction of Mortgage or Release of Lien. Title Commitment Schedule B, Item 12 shows Mortgage assigned to XXXX, as Trustee for the benefit of the Holders of XXXX. | XXXX: Release of lien uploaded | XXXX | XXXX: Received Release of Lien | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119624 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | Missing Satisfaction of Mortgage or Release of Lien. Title Commitment Schedule B, Item 12 shows Mortgage assigned to XXXX, as Trustee for the benefit of the Holders of XXXX. | XXXX: Release of lien uploaded | XXXX | XXXX: Received Release of Lien | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119628 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | Missing Satisfaction of Mortgage or Release of Lien. Title Commitment Schedule B, Item 12 shows Mortgage assigned to XXXX, as Trustee for the benefit of the Holders of XXXX. | XXXX: Release of lien uploaded | XXXX | XXXX: Received Release of Lien | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119625 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Release of Lien/Subordination Agreement/Satisfaction Missing or Defective | Missing Satisfaction of Mortgage or Release of Lien. Title Commitment Schedule B, Item 12 shows Mortgage assigned to XXXX, as Trustee for the benefit of the Holders of XXXX. | XXXX: Release of lien uploaded | XXXX | XXXX: Received Release of Lien | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119627 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119624 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119628 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119625 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119620 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing photo identification for borrower: XXXX | XXXX: Uploaded Patriot Act form. Client confirmed via email that this may be used instead of photo ID | XXXX | XXXX: Received Patriot Act form | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Guarantor Identification Missing or Defective | Missing identification for borrower: XXXX. Please provide photo ID or Patriot Act form. | XXXX: Patriot ACT uploaded | XXXX | XXXX: Received Patriot Act | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119621 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Closing Documentation Missing or Defective | Missing closing package including: Note, Security Instrument, and Settlement Statement. Additional findings may be issued upon review of these documents | XXXX: Closing Package uploaded | XXXX | XXXX: Received Closing Package | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119617 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | No Credit Findings | The loan meets all applicable guides |  | XXXX |  | XXXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119608 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | REO XXXX, Lender using $XXXX per Final 1003; it is noted this property completed a Refinance with Lender XXXX, with monthly payment of $XXXX (PITI), no documents in file to support the new payment or new loan balance $XXXX AND attestation of HOA (if applicable) is missing | Document Uploaded. REO docs, Note, CD and payment letter to confirm payment for XXXX. | XXXX | Verification documents received.; ; Per Client request, reopening finding so more documentation may be added. | XXXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 66.01% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 66.01% is less than Guideline LTV of 80%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 739 is greater than Guideline minimum FICO of 720<br>Qualifying DTI below max allowed. - Calculated DTI of 12.23% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.94 years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | XXXX | 4350119608 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | No Compliance Findings | The loan is in compliance with all applicable laws and regulations. |  | XXXX | Informational | XXXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 66.01% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 66.01% is less than Guideline LTV of 80%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 739 is greater than Guideline minimum FICO of 720<br>Qualifying DTI below max allowed. - Calculated DTI of 12.23% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.94 years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | XXXX | 4350119608 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: Exempt | Loan Review Complete | XXXX | Resolved | XXXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  | XXXX | Informational | XXXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 66.01% is less than Guideline CLTV of 80%<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 66.01% is less than Guideline LTV of 80%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 739 is greater than Guideline minimum FICO of 720<br>Qualifying DTI below max allowed. - Calculated DTI of 12.23% is less than Guideline DTI of 50%<br>Borrower has stable job time - Borrower has 2.94 years on job. A | A | A D | A D | A D | A D | A D | A | A | A | A | A | A |
| XXXX | XXXX | 4350119619 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Gap or undisclosed monitoring report within 30 days of closing is missing | Document Uploaded. | XXXX | Borrower 1 Gap Credit Report is not missing.; Drive Report provided. | XXXX | Borrower has stable job time - Borrower has 23.66 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 70% is less than Guideline LTV of 80%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 16.97% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119619 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Lender Credits That Cannot Decrease Test | This loan failed the lender credits that cannot decrease test. (XXXX) The loan contains charges that exceed the good faith determination according to XXXX. The final sum of specific and non-specific lender credits ($XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). 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 §1XXXX\ is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under XXXX. TILA 130b Cure Required. Refund in the amount of $XXXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The lender credit tolerance violation in the amount of $XXXX is due to decrease in Lender Credit from $XXXX to $XXXX. There was no COC in the file to explain the reason for the decrease. | Document Uploaded. | XXXX | valid COC provided; exception resolved; valid COC provided; exception resolved | XXXX | Borrower has stable job time - Borrower has 23.66 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 70% is less than Guideline LTV of 80%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 16.97% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119619 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates. | Affiliate Disclosure not provided/ required, per Final CD no affiliates were paid. | XXXX | Required Affiliated Business Disclosure Documentation Provided | XXXX | Borrower has stable job time - Borrower has 23.66 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 70% is less than Guideline LTV of 80%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 16.97% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119619 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. |  | XXXX | Informational | XXXX | Borrower has stable job time - Borrower has 23.66 years on job.<br>Original LTV is Below the Guideline Maximum - Calculated LTV of 70% is less than Guideline LTV of 80%<br>Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70% is less than Guideline CLTV of 80%<br>Qualifying DTI below max allowed. - Calculated DTI of 16.97% is less than Guideline DTI of 50%<br>Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is greater than Guideline minimum FICO of 700 A | C | A D | C D A | C D A | C D A | C D A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119623 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. | No open finding, please clear this open finding or provide clarification. Thank you! | XXXX | Informational | XXXX | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119623 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Property | No Property Findings | Property and valuations related findings were not identified on the loan. | No finding to clear, please clear this open finding or provide clarification. Thank you! | XXXX | Informational | XXXX | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119623 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Charges That Cannot Increase Test | TILA 130b Cure Required. Refund in the amount of $XXXX; 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 $XXXX is due to increase from $XXXX on the LE dated XXXX to $XXXX on the final CD dated XXXX for the loan discount points. No COC or pricing/lock confirmations were provided. This loan failed the charges that cannot increase test. (XXXX)The loan contains charges that exceed the good faith determination according to XXXX.One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXXX.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 (XXXX) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXXX). | Document Uploaded. | XXXX | Valid COC received - exception resolved; Valid COC received - exception resolved | XXXX | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119623 | XXXX | XXXX | XXXX | XXXX | XXXX | Non-QM: Lender documented all ATR UW factors | Loan Review Complete | XXXX | Resolved | XXXX | Compliance | Missing Required Affiliated Business Disclosure | Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates. | Document Uploaded. | XXXX | Required Affiliated Business Disclosure Documentation Provided | XXXX | Borrower has stable job time - Borrower has 6.04 years on job.<br>Qualifying DTI below max allowed. - Calculated DTI of 37.62% is less than Guideline DTI of 50% A | C | A C | C A | C A | C A | C A | C A | A | A | A | A | A |
| XXXX | XXXX | 4350119607 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING PROTECTION LETTER MISSING OR DEFECTIVE | MISSING CLOSING PROTECTION LETTER |  | XXXX | 20260121/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119607 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | PAYOFF STATEMENT MISSING OR DEFECTIVE | MISSING PAYOFF STATEMENT |  | XXXX | 20260121/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119607 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT |  | XXXX | 20260121/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119606 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | MISSING PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT |  | XXXX | 20260209/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119606 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER |  | XXXX | 20260209/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119609 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW |  | XXXX | 20260209/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119609 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119609 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | ESTOPPEL CERTIFICATE MISSING OR DEFECTIVE | MISSING ESTOPPEL CERTIFICATE |  | XXXX | 20260212/CA: RECEIVED | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION OR TERM SHEET |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | ENTITY DOCUMENTATION - MISSING OR DEFECTIVE | MISSING OPERATING AGREEMENT FOR XXXX |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | PROPERTY | APPRAISAL REVIEW - MISSING | MISSING APPRAISAL REVIEW |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119611 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN APPLICATION MISSING OR DEFECTIVE | MISSING LOAN APPLICATION OR TERM SHEET |  | XXXX | 20260218/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119612 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. |  | XXXX | 20260219/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119612 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER |  | XXXX | 20260310/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119609 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | LOAN AGREEMENT MISSING OR DEFECTIVE | MISSING LENDER-SIGNED LOAN AGREEMENT. PROVIDED LOAN AGREEMENT IS NOT SIGNED BY LENDER |  | XXXX | 20260227/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119618 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | NO FINDINGS | THE LOAN MEETS ALL APPLICABLE GUIDELINES IN POST-CLOSE REVIEW |  | XXXX |  | XXXX | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119622 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | CLOSING DISCLOSURE/SETTLEMENT STATEMENT MISSING OR DEFECTIVE | PROVIDED PRELIMINARY HUD DOES NOT MATCH THE LOAN AMOUNT. |  | XXXX | 20260320/CA: RECEIVED | XXXX | D A | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | 4350119622 | XXXX | XXXX | XXXX | XXXX | XXXX | ATR/QM: EXEMPT | LOAN REVIEW COMPLETE | XXXX | RESOLVED | XXXX | CREDIT | TITLE INSURANCE COVERAGE - INADEQUATE COVERAGE | $XXXX TITLE INSURANCE COVERAGE < $XXXX MINIMUM INSURANCE REQUIRED |  | XXXX | 20260320/CA: RECEIVED | XXXX | D A C | N/A | N/A D | N/A D | N/A D | N/A D | N/A D | N/A | N/A | N/A | N/A | N/A | N/A |

---

## Exhibit 99.15

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.15**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350119610 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119613 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119626 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119616 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119614 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119627 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119624 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119628 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119615 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119625 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119621 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |
| XXXX | 4350119617 |  | City | XXXX | XXXX | Appraisal reflects subject property in the city of XXXX |

---

## Exhibit 99.16

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.16**

![](ex9916001.jpg)

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

**Overview**

Digital Risk, LLC ("Digital Risk"), a third party due diligence provider, performed the review described below on behalf of its client, Lone Star Residential Acquisitions, LLC ("Client"). The review included a total of 1 newly originated residential mortgage loans, in connection with the securitization identified as COLT 2026-3 (the "Securitization"). The review began on September 17, 2025 and concluded on November 28, 2025.

**Scope of Review**

**DUE DILIGENCE REVIEWS – DSCR Loans:**

&nbsp;&nbsp;&nbsp;&nbsp;**A.** **CREDIT REVIEW** **.** 

"Credit Review" means that Digital Risk performed a re-underwriting review of Loans to verify compliance with the applicable Client Guidelines in effect at the time of Loan origination and ensure the characteristics used by the underwriter were supported by the file documentation; and that any Loans outside of those Client Guidelines contain legitimate and approved exceptions with compensating factors. The "Credit Review" included the following:

1. <u>Review Initial & Final Application</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check
 application for completeness. Determine whether the information in the preliminary Loan
 application, final application, and all credit documents is consistent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate
 Social Security/Taxpayer Identification number is valid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Compare
 data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form
 is Complete,
 Signed, Dated, on or before loan consummation date,

2. <u>Review Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting
 decision is supported (manual underwrite credit conditions
 have been satisfied prior to closing the approved Loan package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation
 of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation
 of DSCR or qualification method and LTV calculations

3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Occupancy
 is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Occupancy
 Red Flags adequately addressed

4. <u>Verification of Borrower Original and Audit Credit Report</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate
 names, social security number(s), and addresses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. AKA's
 investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Acceptable
 credit history and credit score requirements in conformance with Goldman's guidelines.

5. <u>Order and Reviews Risk IQ Report (if requested)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates
 Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies
 address information associated with the Borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms
 OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Identifies
 bankruptcy filings with the Borrower(s) name.

6. <u>Verification of Borrower Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. lease
 agreement or market survey for rental income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Validate
 borrowers monthly gross income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Validate
 DSCR Calculation of rent per lease or comparable rent schedule from appraisal divided
 by the subject total PITIA payment – DSCR If Lease and comparable rent payments
 differ Digital Risk will refer to the client guidelines for further guidance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm
 adequate funds to cover required down payment and closing costs and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check
 dates for document expiration

7. <u>Review Sales Contract</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Complete
 and executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Earnest
 Money Deposit verified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Parties
 are consistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller
 contributions are within guidelines

8. <u>Hazard and Flood (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify
 sufficient coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify
 coverage is for subject

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate
 all premiums are included in DSCR and any required upfront premium is paid

9. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting
 correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien
 position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal
 description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate
 no encumbrances

10. <u>Review Closing Documents</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review
 security documents to ensure the Loan was closed in accordance with approval and with
 all required signatures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct
 and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review
 Settlement Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Right
 to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;**B.** **Valuation Review** 

1. <u>Review Appraisal</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Digital
 Risk's review included a review of the valuation materials utilized during the
 origination of the loan and in confirming the value of the underlying property. Digital
 Risk's review included verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On
 the appropriate appraisal form:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All
 elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure
 all applicable Loan documents match appraisal information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property
 is acceptable collateral for Loan program

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed
 by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed
 such that the named client on the appraisal report is the lender or a related entity
 that is permitted to engage the lender per Title XI of FIRREA, or if the appraisal was
 performed for another lender, the file contains evidence that Client approved use of
 that appraisal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The
 original appraisal report is made and signed prior to the final approval of the closing
 of the loan. Any revisions, if made known to Digital Risk, to the original report are
 documented and dated completed and dated within the guideline's restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The
 original appraisal is 'As is' or Inspection received including all inspections,
 licenses, and certificates (including certificates of occupancy) to be made or issued
 with respect to all occupied portions of the mortgaged property and with respect to the
 use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine
 whether the appraised value is supported at or within 10% variance based on a third-party
 valuation product. If a third-party valuation product is in file, but notes a variance
 above 10% or an inconclusive value, Digital Risk will review third-party products in
 the file to ensure the correct value was applied per Client Guidelines

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other
aspects of Digital Risk's review include (i) verifying that the address matched the mortgage note, (ii) if requested, noting
whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same, (iii)
confirming the appraisal report does not include any apparent environmental problems, (iv) confirming the appraisal notes the
current use of the property is legal or legal non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the property
is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which
the valuation was ordered and that if there are negative external factors, there is support in the loan file of the Client's
approval to waive the factor; and (vi)

confirming that the value product that was used as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If
 more than one valuation was provided, Digital Risk will confirm consistency among the
 valuation products and if there are discrepancies that could not be resolved, Digital
 Risk will create an exception and work with the client on the next steps which may include
 ordering of additional valuation products such as collateral desktop analyses, broker's
 price opinions, and full appraisals. If the property valuation products included in Digital
 Risk's review result in a variance of more than 10% then the Client will be notified
 of such variance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Digital
 Risk will confirm to the extent possible, that the appraiser and the appraisal made by
 such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, Digital
 Risk will review the appraisal for conformity to industry standards, including ensuring
 the appraisal was complete, that the comparable properties and adjustments were documented
 and that pictures were provided and were accurate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. In
 addition, Digital Risk will access the ASC database to verify that the appraiser, and
 if applicable the appraiser's supervisor, were licensed and in good standing at
 the time the appraisal was completed.

&nbsp;&nbsp;&nbsp;&nbsp;**C.** **Compliance Review** 

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

1. Federal
 Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R.
 Part 1026, as set forth below (for applicable Owner Occupied Properties):

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

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

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

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

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

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

2. <u>TILA</u> (for applicable Owner Occupied Properties)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Compliance
 with the escrow account and appraisal requirements.

3. Business
 Purpose Loan Compliance Review

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Non-Owner
 Occupied Declaration Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Verify
 reflects correct address

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify
 application address is different from subject property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Verify
 executed by all borrowers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Review
 Note accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Review
 Mortgage and applicable riders for accuracy and properly executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy
 Letter (must state that borrower(s) will not reside in the property for more than 14
 days on any calendar year, and be acknowledged by the consumer).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. HMDA
 section (Information for Government Monitoring Purposes) of the application (initial
 and/or final)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. If
 property is in a flood zone, Flood Notice must be provided prior to closing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Right
 to Receive Copy of Appraisal or Appraisal Waiver Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Letter
 of Explanation detailing the use of proceeds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Borrower's
 statement of purpose for the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. State
 License requirements when applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. State
 Predatory lending and high cost when applicable

4. <u>Exclusions</u>.
 Digital Risk reviews do not test for:

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>QM/ATR Credit Review – (If applicable)</u> 

Loans with application dates after January 10, 2014 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z – the Truth in Lending Act. For these Loans, Digital Risk will (a) confirm that the originator/aggregator provided a QM designation, and (b) review the Loan for the eight (8) key underwriting factors described in sub-sections (a) – (h) below that are required pursuant to the ATR rule (an "<u>ATR Review</u>").

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c)) as evaluated
 based on the applicable investor guidelines;

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Qualified
 Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined
 by the Department of Housing and Urban Development (24

C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.); and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Digital
 Risk will review applicable mortgage loans for compliance with the ATR and QM rule requirements
 based upon each mortgage loan's originator designation of QM, Non- QM, or exempt
 from ATR. Digital Risk determines the mortgage loan's status under the ATR or QM
 rule requirements and assigns a due diligence mortgage loan designation. Generally, Digital
 Risk notes as a material exception if the due diligence findings do not confirm the originator's
 mortgage loan designation. Additionally, Digital Risk notes if an originator mortgage
 loan designation was not provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Digital
 Risk utilizes the following designations for applicable loans: QM designations: QM Safe-Harbor,
 Temporary QM, Non-QM, QM Rebuttal Presumption and ATR Designations: ATR Compliant, ATR
 Exempt and ATR Fail.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. If
 a mortgage loan was designated as QM, Digital Risk reviews the mortgage loan to determine
 whether, based on available information in the mortgage loan file, if the mortgage loan
 satisfied (i), (ii) and (iii) in the preceding paragraph.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. For
each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, Digital Risk then determines
whether the mortgage loan complies with the ATR rule consideration and verification requirements, as defined within the applicable
underwriting guidelines, and provides a due diligence designation of Non-QM

indicating compliant, ATR risk indicating it may not be compliant, or ATR Fail, indicating it is non- compliant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Digital
 Risk reviews the mortgage loan to determine whether, based on available information in
 the mortgage loan file, the creditor considered, as applicable, the following eight underwriting
 factors, and will verify such information using reasonably reliable third- party records,
 at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income
 / Assets - Recalculate borrower(s)'s monthly gross income, and validate funds required
 to close and required reserves, to Confirm that the borrower has current or reasonably
 expected income or assets (other than the value of the property that secures the Loan)
 that the borrower will rely on to repay the Loan.

&nbsp;&nbsp;&nbsp;&nbsp;● Review Loan documentation for required level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment
 - Review file documentation for required level of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly
 Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
 to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous
 Loans - Ensure that all concurrent Loans were included in the debt- to-income ratio ("DTI")
 calculation, to properly assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related
 Obligations - Validate that the subject Loan monthly payment calculation includes principle,
 interest, taxes, and insurance ("PITI"), as well as other costs related to
 the property such as homeowners' association ("HOA") fees, private
 mortgage insurance ("PMI"), ground rental fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts
 / Obligations - Validate monthly recurring non-mortgage-related liabilities

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI
 / Residual Income - Validate debt-to-income ratio (DTI), or "residual income,"
 based upon all mortgage and non-mortgage obligations, calculated as a ratio of gross
 monthly income, based on documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit
 History - Review credit report for credit history and required credit depth, including
 any / all inquiries, and Determine a representative credit score from the credit report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>General QM for any loans originated under the GQM Rule – (If applicable)</u> 

Pricing Thresholds:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25%
 for a first-lien covered transaction with a loan amount greater than or equal to $110,260;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 3.5%
 for a first-lien covered transaction with a loan amount greater than or equal to $66,156
 but less than $110,260; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. 6.5%
 for a first-lien covered transaction with a loan amount less than $66,156.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 3.5%
 for a subordinate-lien covered transaction with a loan amount greater than or equal to
 $66,156; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5%
 for a subordinate-lien covered transaction with a loan amount less than $66,156.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. 2.25%
 for a first-lien covered transaction secured by a manufactured home1 with a loan amount
 equal to or greater than $110,260; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 6.5%
 for a covered transaction secured by a manufactured home with a loan amount less than
 $110,260.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 monthly DTI or residual income.

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

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

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

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

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

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

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

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

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

**Data Discrepancy Report**

As part of the Credit and Compliance Reviews, Digital Risk captured data from the source documents and compared it to a data tape provided by Client. Digital Risk provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by Digital Risk during the diligence process. Tape values that are blank indicate that the data was not provided on the provided data tape but Digital Risk captured it during the review. The percentages are based on a population of 1 loan. The table below reflects the discrepancies inclusive of the blank data fields:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fields Reviewed** | &nbsp;&nbsp;**Discrepancy Count** | &nbsp;&nbsp;**Percentage** |
| &nbsp;&nbsp;Debt Service Coverage Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

**Summary of Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** | &nbsp;&nbsp;**Overall Loan Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample<br>|
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** | &nbsp;&nbsp;**Credit Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample<br>|
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** | &nbsp;&nbsp;**Compliance Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample<br>|
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** | &nbsp;&nbsp;**Valuation Results:** |
| &nbsp;&nbsp;Event Grade | &nbsp;&nbsp;Loan Count | &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Percent of Sample<br>|
| &nbsp;&nbsp;Event Grade A | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Event Grade B | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade C | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Event Grade D | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0.00 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total Sample** | &nbsp;&nbsp;1 | &nbsp;&nbsp;$487000.00 | &nbsp;&nbsp;100.00% |

---

**Event Grade Definitions**

---

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

---

---

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

---

---

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

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Valuation Event Grades** | &nbsp;&nbsp;**Valuation Event Grades** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The valuation methodology complies with applicable underwriting guidelines and the value is supported within 90% of the original appraisal by the first third party valuation product. The appraisal was performed on an "as-is" basis and the property is complete and habitable at origination. The appraiser was appropriately licensed and used GSE approved forms. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The valuation methodology does not meet applicable published guidelines for the program. <br> The value is not supported within 90% of the original appraisal by the first third party valuation product but a second third party valuation product is provided and does support original appraised value within 90%.<br>The value is not supported within 90% of the original appraisal by the first third party valuation product; a second third party valuation product is provided and does not support the original appraised value within 90%; a third party value reconciliation product is then provided which reconciles the appraisal, first, and second valuation products, and supports within 90% of the appraisal. When a reconciliation supports the appraisal, first and second valuation products, the lower of the appraised value, purchase price for purchases, and reconciliation value will be used to establish lending value.<br>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.<br>|
| &nbsp;&nbsp;C | &nbsp;&nbsp;The valuation methodology does not meet every applicable published guideline for the program. The value is not supported within 90% of the original appraisal by any of the third-party valuation products or the reconciliation. |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The file was missing the appraisal or there was not sufficient valuation documentation to perform a review. |

---

## Exhibit 99.17

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.17**

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Loan ID** | **Finding #** | **Last Name** | **Note Date** | **Audit Category** | **Audit Issue** | **Finding ID** | **Exception Finding** | **Remediation Status** | **Exception Rebuttal** | **Exception Response** | **Status Comment** | **Compensating Factors** | **Initial Findings Grade** | **Final Findings Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | 4350119629 |  | 1 of 4 | XXXX | XXXX | Compliance | Note - Incomplete | XXXX | The following section of the Note is incomplete: The Loan Agreement was not executed by the lender. | Resolved | **Rebuttal 1 (02/11/2026 4:32PM)<br> Docs uploaded.<br>Rebuttal 2 (02/11/2026 4:32PM)<br> Docs uploaded.<br>**  | **Response 1 (02/11/2026 4:47PM)<br> The documentation provided is sufficient to clear the finding. (Resolved)<br>**  |  |  | 2 | 1 | 3 | 2 |
| XXXX | 4350119629 |  | 2 of 4 | XXXX | XXXX | Credit | Assets - Other | XXXX | The lender used assets from an account in the name of an entity. No documentation was provided in the loan file to confirm borrower is owner of the entity or has full access to funds used for reserves. | Resolved | **Rebuttal 1 (02/06/2026 10:54AM)<br> operating agreement<br>**  | **Response 1 (02/10/2026 2:25PM)<br> Documentation received is sufficient. (Resolved)<br>**  |  |  | 3 | 1 | 3 | 2 |
| XXXX | 4350119629 |  | 3 of 4 | XXXX | XXXX | Credit | DSCR - Program Parameters - Other | XXXX | Lender Exception provided to allow a log home on XXXX acres in a rural market area. Determined non-material based on compensating factors (waived). | Waived |  |  |  | comp factors: FICO 765, 10 yr credit history, very experienced investor | 2 | 2 | 3 | 2 |
| XXXX | 4350119629 |  | 4 of 4 | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a cda dated XXXX which supports he appraised value. |  |  |  |  |  | 1 | 1 | 3 | 2 |

---

## Exhibit 99.18

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.18**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Deal ID** | **Loan ID** | **Original Loan Amount** | **Initial Rating** | **Final Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Property Valuation Rating** | **Final Property Valuation Rating** |
| XXXX | 4350119629 |  | XXXX | 3 | 2 | 3 | 2 | 2 | 1 | 1 | 1 C B A |

---

## Exhibit 99.19

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.19**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **AVM VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **DESK REVIEW VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **OTHER VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** | **UPDATED MULTIPROPERTY VALUES** |  |  |
| **Customer Loan ID** | **Deal ID** | **Seller Loan ID** | **Subject Address** | **Subject City** | **Subject State** | **Subject Zip** | **Note Date** | **Original Loan Amount** | **Sales Price** | **PIW Indicator** | **Appraised Value** | **Value for LTV** | **Appraisal Form Type** | **Appraisal Date** | **Appraisal Company Name** | **AVM Confidence Score** | **AVM FSD Score** | **Market Condition** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **AVM FSD Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX | 4350119629 |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  | No | XXXX | XXXX | 1004 | XXXX | XXXX |  |  | Stable |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | $0.00 | 0.000% | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 |

---

## Exhibit 99.20

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.20**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Report Pulled:** | 3/30/2026 | 3/30/2026 | 3/30/2026 | 3/30/2026 | 3/30/2026 | 3/30/2026 | 3/30/2026 |
| **Loan Count:** | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| **Audit ID** | **Loan Number** | **Deal ID** | **Loan ID** | **Borrower Last Name** | **Field** | **Tape Data** | **Review Data** |
| XXXX | XXXX | 4350119629 | XXXX | XXXX | Debt Service Coverage Ratio | 1.091 | 1.131 |

---

## Exhibit 99.21

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.21**

![](ex9921001.jpg)

Executive Summary

COLT 2026-3

Dated: April 2, 2026

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

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

**EXECUTIVE SUMMARY**

**Overview** 

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

**Sample size and criteria.**

The final population of the Review covered 7 loans, consisting of 3 Residential Loans and 4 Business Purpose Loans, totaling an original principal balance of approximately $4,290,375. Evolve is not aware of the overall securitization population as other third-party review ("TPR") firms may have reviewed loans within the overall securitization loan population.

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

The Review was conducted consistent with the criteria for Fitch Ratings, Inc. ("Fitch"), the NRSRO identified in Item 3 of the ABS Due Diligence-15E.

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

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

---

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

---

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 1 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 2 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

If a report was present, Evolve reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower's address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower's profile. If any findings were noted, Evolve

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 3 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

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

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

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

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

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

Evolve's review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. Evolve's review included verifying the appraisal report was (i) on the appropriate GSE form (for the Residential Population), (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser (for residential properties) that was actively licensed to perform the valuation, (v) completed, for residential properties, such that the named client on the appraisal report is the lender or a related entity that is permitted to

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 4 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guideline requirements, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 5 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

**SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW**

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

**Compliance Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

**Credit Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;28.57% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

**Property Valuation Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;5 | &nbsp;&nbsp;71.43% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;28.57% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 6 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

**Overall Results Summary**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**Fitch** |
| &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**# Loans** | &nbsp;&nbsp;**% of Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;3 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;4 | &nbsp;&nbsp;57.14% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;- | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**100.00%** |

---

**Data Results Summary**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**# Loans with<br> Discrepancy** | &nbsp;&nbsp;**Total Time Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;DSCR | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Original Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 | &nbsp;&nbsp;14.29% |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;3 | &nbsp;&nbsp;7 | &nbsp;&nbsp;42.86% |
| &nbsp;&nbsp;Self-Employment Flag | &nbsp;&nbsp;2 | &nbsp;&nbsp;7 | &nbsp;&nbsp;28.57% |

---

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 7 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

**APPENDIX A**

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 8 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

as to the value of any mortgage loan or mortgage loan's collateral that has been reviewed by Evolve.

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

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

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

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

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

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

iii) errors in the right of rescission notice;

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

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

---

| | | |
|:---|:---|:---|
| | vi) | any material disclosure violation on a rescindable loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures; |
| b) | <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> | <u>TIL Disclosure (§§1026.17, 18 and 19) *as applicable for loans with application dates prior to October 3, 2015*:</u> |

---

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

ii) proper execution by all required parties;

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

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

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

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

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

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

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

ii) APR threshold test;

iii) prepayment penalty test; and

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 9 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

ii) compliance with the escrow account and appraisal requirements;

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 10 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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

**(VI) Document Review**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 11 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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

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

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

 i) determine if the creditor obtained proof of homeownership counseling in connection with a loan to a first-time homebuyer that contains a negative amortization feature; <br> c) <u>Mandatory Arbitration Clauses (§1026.36):</u> <br>

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 12 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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

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

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

*<u>Qualified Mortgage</u>*

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

If a loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, Evolve reviews the loan to determine whether, based on available information in the loan file the loan satisfied

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 13 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

(i), (ii) and (iii) in the preceding paragraph and reviews the Automated Underwriting System output within the file to confirm agency eligibility.

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 14 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

information contained in the loan file at the time it is provided to Evolve to review, and only reflects information as of that point in time.

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

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

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

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

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

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

**(XI) FIRREA Review**

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

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

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

With regard to TILA-RESPA Integrated Disclosure ("TRID") testing, Evolve implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association (the "SFA Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. Evolve worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau ("CFPB") which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While Evolve continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. Evolve has worked closely with the NRSRO and Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per Evolve's suggested review implementation as reviewed by outside

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 15 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

counsel; however, no assurances can be provided and/or are given that Evolve has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by Evolve will result in the potential level of risk indicated by an Event Level or NRSRO grade.

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

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 16 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

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

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

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

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

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

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

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 17 \| P a g e |

---

![](ex9921002.jpg)

Forward Thinking. Seamless Solutions.

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

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

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

**(XIII) Document Review**

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

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

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

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

---

| | | |
|:---|:---|:---|
| ![](ex9921003.jpg) |© 2020 Evolve Mortgage Services Overview \| Proprietary and Confidential | 18 \| P a g e |

---

## Exhibit 99.22

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.22**

![](evolve-logo.jpg)

---

| |
|:---|
| **Rating Agency Grades** |
| **Run Date - 03/30/2026 12:47:31 PM** |

---

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **INITIAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** | **FINAL COMPLIANCE LOAN GRADES** |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Original Loan Amount** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** | **DBRS** | **Fitch** | **Kroll** | **Moody's** | **S&P** |
| XXXX | XXXX | XXXX | 4350119630 | XXXX C | N/A | N/A | N/A | N/A | N/A C B | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | XXXX | 4350119632 | XXXX A | N/A | N/A | N/A | N/A | N/A C | N/A | N/A | N/A | N/A | N/A B |
| XXXX | XXXX | XXXX | 4350119631 | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350119634 | XXXX C | A | A | A | A | A C | A | A | A | A | A B |
| XXXX | XXXX | XXXX | 4350119633 | XXXX A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| XXXX | XXXX | XXXX | 4350119636 | XXXX A | A | A | A | A | A | A | A | A | A | A |
| XXXX | XXXX | XXXX | 4350119635 | XXXX C | A | A | A | A | A C B | A | A | A | A | A B |

---

## Exhibit 99.23

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.23**

![](evolve-logo.jpg)

---

| |
|:---|
| **Exception Detail** |
| **Run Date - 03/30/2026 12:47:31 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Loan Exception ID** | **Exception ID** | **Exception Date** | **Exception Type** | **Exception Category** | **Exception Subcategory** | **Exception** | **Exception Detail** | **Exception Information** | **Exception Remediation** | **Compensating Factors** | **Follow-up Comments** | **Cleared Date** | **Cured Date** | **Waived Date** | **Exception Level Rating** | **Note Date** | **Property State** | **Occupancy** | **Purpose** | **Compliance Initial Loan Grade** | **Compliance Final Loan Grade** | **Originator QM ATR Status** | **TPR QM ATR Status** | **Is Curable** |
| XXXX | XXXX | XXXX | 4350119630 | XXXX | XXXX | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | No one entity may own more than 20% of the units in a project. Approval in file to allow a single entity owns 49% of the condo complex. |  | Client waived with compensating factors: Experienced investor, mortgages paid as agreed, borrower has owned property for 3 years, borrower has been self-employed for XXXX years, XXXX months reserve when 6 months required, 63% LTV when max allowed is 70%, 700 FICO when minimum requirement is 640. |  |  |  | XXXX B | 2 | XXXX | XXXX | 3 | 13 C B | N/A | N/A |  | Exempt | 1 |
| XXXX | XXXX | XXXX | 4350119632 | XXXX | XXXX | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | The appraisal states that one of the rental units has a gross living area under XXXX square feet. Actual is XXXX square feet. |  | Client Waived with Compensating Factors: LTV under 60%, DSCR at 1.95, 0x30 mortgage payment history on 6 outstanding mortgages and a historic on time payment history. |  |  |  | XXXX B | 2 | XXXX | XXXX | 3 | 13 C B A | N/A | N/A C B |  | Exempt | 1 |
| XXXX | XXXX | XXXX | 4350119635 | XXXX | XXXX | XXXX | Credit | UW Qualifications |  | UW Qualifications - UW – Exception needed |  | Guidelines Use Purchase price when owned less than 12months Deviation Request Allow use of appraised value when purchase of property is less than 12 months, purchased XXXX |  | COMPENSATING FACTORS: Client Waived with Comp Factors: FICO 795 over minimum required FICO of 660, 58.574% LTV under max allowed of 85% LTV, 41.243% DTI under max allowed DTI of 50% |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 3 C B | A | A |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119635 | XXXX | XXXX | XXXX | Credit | UW Credit |  | UW Credit - UW - Satisfactory 12 mth Mortgage |  | 12 months mortgage payment verification is required for XXXX mortgage being paid off. | Received payment history for XXXX |  |  | XXXX |  | A | 1 | XXXX | XXXX | 1 | 3 C B | A | A |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119635 | XXXX | XXXX | XXXX | Credit | UW Assets |  | UW Assets - UW - Shorts Funds for Reserves |  | 12 Months Reserves required for XXXX over XXXX million, only 9.46 months verified |  | COMPENSATING FACTORS: Client Waived with Comp Factors: FICO 795 over minimum required FICO of 660, 58.574% LTV under max allowed of 85% LTV, 41.243% DTI under max allowed DTI of 50% |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 3 C B | A | A |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | Valuation | UW Collateral |  | UW Collateral - UW - Appraisal Other |  | Subject property was located in a declining market. |  | Client Waived with Compensating Factors: Residual Income of XXXX where the guideline requirement is XXXX; DTI of 30.91% where the guideline maximum is 50% and Reserves of 93.17 months. |  |  |  | XXXX B | 2 | XXXX | XXXX | 1 | 13 C B A | A | A C B |  | Non-QM | 1 |
| XXXX | XXXX | XXXX | 4350119634 | XXXX | XXXX | XXXX | Credit | UW Credit |  | UW Credit - UW - Evidence Satisfaction of Debt |  | Missing evidence of satisfaction of judgment on title with XXXX County in the amount of XXXX. Email from title indicates title department will remove this exception with proof of payment from the borrower, however proof of payment was not located in the loan file. | Judgement was listed as paid on the final CD |  |  | XXXX |  | A | 1 | XXXX | XXXX | 1 | 13 C B A | A | A C B |  | Non-QM | 1 |

---

## Exhibit 99.24

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.24**

![](evolve-logo.jpg)

---

| |
|:---|
| **Valuation Report** |
| **Run Date - 3/30/2026 12:47:31 PM** |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **Desk Top Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | **Updated Multi Property Values** | | |
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Appraised Value** | **Value for LTV** | **Appraisal Date** | **Appraisal Type** | **Appraisal Company** | **Appraiser Name** | **Appraiser State License Number** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence Score** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Date** | **Aggregate Appraised Value** | **Aggregate Variance Amount** | **Aggregate Variance Percent** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| XXXX | XXXX | XXXX | 4350119630 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119632 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119631 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119634 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119633 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119636 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  | XXXX | XXXX | 0.00% | XXXX A | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| XXXX | XXXX | XXXX | 4350119635 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 | XXXX | XXXX | XXXX | XXXX | XXXX | 3.99% | XXXX | 1004 |  |  |  |  |  |  | XXXX | XXXX |  | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |

---

## Exhibit 99.25

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.25**

![](evolve-logo.jpg)

---

| |
|:---|
| **Data Compare** |
| **Run Date - 03/26/2026 2:39:46 PM** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Evolve Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Comment** |
| XXXX | XXXX | XXXX | 4350119630 | Doc Type | FullDocumentation | Bank Statement | Verified with Approval |
| XXXX | XXXX | XXXX | 4350119632 | Doc Type | Alternative | Debt Service Coverage | Verified by loan approval as dscr |
| XXXX | XXXX | XXXX | 4350119631 | Doc Type | FullDocumentation | Bank Statement | Verified with approval |
| XXXX | XXXX | XXXX | 4350119631 | DSCR | 1.118 |  | NA not DSCR |
| XXXX | XXXX | XXXX | 4350119630 | First Payment Date | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350119630 | Maturity Date | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350119630 | Property Zip | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350119632 | Property Zip | XXXX | XXXX | Verified |
| XXXX | XXXX | XXXX | 4350119632 | Self-Employment Flag |  | N | DSCR - na |

---

## Exhibit 99.26

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.26**

**EXECUTIVE SUMMARY**

COLT 2026-3

**Overview** 

Maxwell Diligence Solutions, LLC ("MaxDiligence"), a third-party diligence provider, performed certain due diligence services (the "Review") described below on residential mortgage loans acquired by Lone Star Residential Acquisitions, LLC (the "Client"). The Review was conducted from November 2025 to March 2026 on mortgage loans (the "Loans") originated from November 2025 to April 2026.

The review consisted of 100% of the population of 137 loans with an original loan balance of $72,849,542.00.

**Scope of Review**

**Credit Review**

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

The credit review included the following (collectively, the "Credit Review"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Review Initial & Final Application</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Check application for completeness. Determine whether the information in the preliminary Loan application, final application,
and all credit documents is consistent or reconciled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validate Social Security/Taxpayer Identification number is valid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Compare data on final form 1003 with the data from verifications

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Form is complete, signed, dated, on or before loan consummation date, and NMLS is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Review AUS Decision and Approval Conditions</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Underwriting decision is supported (manual underwrite credit conditions have been satisfied prior to closing the approved Loan
package)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Validation of income calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validation of assets/funds to close

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validation of debt-to-income ratio ("DTI") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Validation of debt service coverage ratio ("DSCR") calculations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Validation of LTV calculations

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Validation of payment shock calculations if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. DSCR Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review of hazard coverage and verification that sufficient coverage was in place on subject and all premiums were included
in DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Mortgage insurance certificate was in file, if applicable, and coverage was sufficient, and premium was included in DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review of rental income and/or market rents and validation of DSCR calculation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Review Occupancy/Red Flags</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies address information associated with the borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Occupancy is supported

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Occupancy red flags adequately addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Reverification of Borrower Original and Audit Credit Report</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validate names, social security number(s), and addresses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. "Doing business as" or "also known as" names investigated and cleared

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate credit inquiries within 90 days have been properly addressed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Acceptable credit history and credit score requirements in conformance with applicable guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Reviews Fraud Report to compare vs loan documentation:</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Validates Social Security number and year issued

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verifies address information associated with the Borrower (s)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirms OFAC clearances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Reveals any potential bankruptcy filings

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Review of Borrower Employment, Income, and Asset Information</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Complete forms and documentation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Evaluate history and stability of employment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review employment and income by analyzing income documents and comparing against re-verification documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. W-2s and Paystubs, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Transcripts (as applicable) support income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Tax Returns and Profit and Loss Statements, as applicable

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Bank Statements or other Alternate Income documents as required by the guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Consistent/Continuing Employment, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Rental Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Compare for conflicting information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review rental income or DSCR by analyzing income documents and comparing against re-verification documents

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Leases, proof of rent received, 3rd party market rent validation, as applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Proof of short-term rents received, as per guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm adequate funds to cover required down payment and closing costs and reserves

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Check dates for document expiration

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Sufficient funds were sourced and seasoned

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Gift funds verified and met guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Review Sales Contract</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Complete and executed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Earnest Money Deposit verified

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Parties are consistent

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Seller contributions are within guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Hazard and Flood (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Verify sufficient coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Verify coverage is for subject

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Validate all premiums are included in DTI and any required upfront premium is paid

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Mortgage Insurance (if applicable)</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Certificate in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Sufficient Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premium indicated and included in DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Review Title Commitment/Policy</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Vesting correct

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Lien position

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Legal description

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Validate no encumbrances

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Review Closing Documents</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review security documents to ensure the Loan was closed in accordance with approval and with all required signatures and NMLS
identifiers

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Correct and complete instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Closing Disclosure or Settlement Statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Qualified Mortgage / Ability-to-Repay Review</u> 

Loans with application dates after January 10, 2014 and prior to October 1, 2022 are subject to the Qualified Mortgage ("QM") rule and the Ability to Repay ("ATR") rule under Regulation Z of the Truth in Lending Act, as amended. Effective October 1, 2022, loans with application dates on or after such date must comply with the General QM Final Rule, as well as the ATR rule. For these Loans, MaxDiligence will (a) confirm that the creditor provided a QM designation and (b) review the Loan for the eight (8) underwriting factors set forth Section 12(E)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence reviewed each mortgage loan to determine each mortgage loan's status under the
QM and ATR rule requirements and assign a QM and ATR designation as determined by MaxDiligence. MaxDiligence will note as a material
exception if its QM and ATR designations do not confirm to the originator's original QM and ATR designations. Additionally,
MaxDiligence will note if an originator's mortgage loan designation was not provided. MaxDiligence shall use the following
designations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. MaxDiligence utilizes the following QM designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) QM Safe-Harbor (also known as General QM)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) QM Rebuttal Presumption (including Higher-priced loans)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Temporary QM (for all applications prior to October 1, 2022)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Non-QM

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. MaxDiligence utilizes the following ATR designations for applicable loans:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) ATR Compliant

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) ATR Fail

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) ATR Exempt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. In order to determine the QM designation, as applicable, MaxDiligence will review each Loan for
the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Use of any risky mortgage loan features and terms (e.g. an interest only feature or negative amortization);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Do the "points and fees" exceed the applicable QM threshold;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Was monthly payment calculated appropriately;

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Did the creditor considered and verify income or assets at or before consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Did the creditor appropriately considered debt obligations, alimony and child support;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. For mortgage loan applications prior to October 1, 2022, if the DTI ratio exceeded 43% (calculated
in accordance with Appendix Q to Regulation Z).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. For mortgage loan applications on and after October 1, 2022, for which the annual percentage rate
does not exceed the average prime offer rate for a comparable transaction as of the date the interest rate is set by the amounts
specified based on loan amount (adjusted annually on January 1 by the annual percentage change in the Consumer Price Index for
All Urban Consumers (CPI-U) that was reported on the preceding June 1) and the lien position of the proposed credit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) For a first-lien covered transaction with a loan amount greater than or equal to $110,260 (indexed
for inflation), 2.25 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) For a first-lien covered transaction with a loan amount greater than or equal to $66,156 (indexed
for inflation) but less than $110,260 (indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) For a first-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) For a first-lien covered transaction secured by a manufactured home with a loan amount less than
$110,260 (indexed for inflation), 6.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) For a subordinate-lien covered transaction with a loan amount greater than or equal to $66,156
(indexed for inflation), 3.5 or more percentage points; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) For a subordinate-lien covered transaction with a loan amount less than $66,156 (indexed for inflation),
6.5 or more percentage points.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Upon completion of Section 12(B) above, if a Loan is determined to be a QM loan, MaxDiligence will
determine if the Loan is a Higher-Priced Mortgage Loan ("HPML") as defined by 12 CFR 1026.35:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If the Loan is HPML, then the Loan shall be designated as QM Rebuttal Presumption (Higher Priced);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. If the Loan is not an HPML, then the Loan shall be designated as QM Safe Harbor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Upon completion of Section 12(B) above, for each Loan that is designated as Non-QM, MaxDiligence
then will determine whether the mortgage loan complies with the ATR rule, in accordance with the Guidelines.

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. MaxDiligence will evaluate the Loan for ATR compliance based on the following eight factors and
will verify such information using reasonably reliable third-party records, at or before consummation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Income / Assets: Recalculate borrower(s)'s monthly gross income, and validate funds required
to close and required reserves, to confirm that the borrower has current or reasonably expected income or assets (other than the
value of the property that secures the Loan) that the borrower will rely on to repay the Loan. Review Loan documentation for required
level of income and asset verifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Employment: Review file documentation for required level of employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Monthly Mortgage Payment: Confirm that the correct program, qualifying rate, and terms were used
to calculate projected monthly mortgage payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Simultaneous Loans: Ensure that all concurrent Loans were included in the DTI calculation, to properly
assess the ability to repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Mortgage-Related Obligations: Validate that the subject Loan's monthly payment calculation
includes principle, interest, taxes, and insurance, as well as other costs related to the property such as homeowners' association
fees, private mortgage insurance, ground rental fees, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Debts / Obligations: Validate monthly recurring non-mortgage-related liabilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. DTI / Residual Income - Validate DTI or "residual income," based upon all mortgage
and non-mortgage obligations, calculated as a ratio of gross monthly income, based on documentation provided in the file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Credit History: Review credit report for credit history and required credit depth, including any
/ all inquiries, and determine a representative credit score from the credit report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Upon completion of Section 12(E) above, MaxDiligence will assign an ATR designation.

**Property Review**

MaxDiligence performed a "Property Review," which included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Property Review</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. MaxDiligence's review included a review of the valuation materials utilized during the origination of the loan and in
confirming the value of the underlying property. MaxDiligence's review will include verifying the appraisal report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. On the appropriate GSE form:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. All elements of appraisal are present

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Ensure all applicable Loan documents match appraisal information

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Property is acceptable collateral for Loan program

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Completed by an appraiser that was actively licensed to perform the valuation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage
the lender per Title XI of FIRREA, or if the appraisal was performed for another lender, the file contains a transfer letter from
the original lender

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. The original appraisal report is made and signed prior to the final approval of the mortgage loan application; Any revisions,
if made known to MaxDiligence, to the original report are documented and dated completed and dated within the guideline's
restrictions,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. The original appraisal is 'As is' or Inspection received including all inspections, licenses, and certificates
(including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and
with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Determine whether the appraised value is supported at or within 10% variance based on a third-party valuation product. If a
third-party valuation product is in file but notes a variance above 10% or an inconclusive value, MaxDiligence recommended a BPO
or field review be ordered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. With regard to the use of comparable properties, MaxDiligence's review will (a) reviewed the relative comparable data
(gross and net adjustments, sale dates and distance from subject property) and ensure that such comparable properties are within
standard appraisal guidelines; (b) confirmed the property value and square footage of the subject property was bracketed by comparable
properties, (c verified that comparable properties used are similar in size, style, and location to the subject, and (d) checked
for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Other aspects of MaxDiligence's review included (i) verifying that the address matched the mortgage note, ((ii) if requested,
noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same,
(iii) confirming the appraisal report does not include any apparent environmental problems, (iv) confirming the appraisal notes
the current use of the property is legal or legal non-conforming (grandfathered), (v) reviewing pictures to ensure (a) that the
property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one
for which the valuation was ordered and that there are no negative external factors; and (vi) confirming that the value product
that was used as part of the origination decision conforms with rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. If more than one valuation was provided, MaxDiligence will confirm consistency among the valuation products and if there are
discrepancies that could not be

![](ex9926001.jpg)

resolved, MaxDiligence will create an exception and work with the client on the next steps which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in MaxDiligence's review result in a variance of more than 10% then the client will be notified of such variance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. MaxDiligence confirmed to the extent possible, that the appraiser and the appraisal made by such appraiser both satisfied the
requirements of Title XI of FIRREA. Specifically, MaxDiligence will review the appraisal for conformity to industry standards,
including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures
were provided and were accurate.

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

**Compliance Review**

"Compliance Review" means that MaxDiligence reviewed each Loan to determine, as applicable and subject to the limitations below, whether the Loan complied with the applicable Federal, State, and local regulatory requirements, each as amended. A Compliance Review shall not apply to business purpose loans.

The below Compliance Review is applicable to Loans with an application date on or after October 3, 2015, which are subject to the TILA/RESPA Integrated Disclosure Rule ("<u>TRID</u>"). With regard to TRID testing, MaxDiligence implemented the TRID scope of review as detailed in (i) Section III -Regulatory Compliance of the SFA RMBS TRID Grid 4.0 Compliance Review Scope published by the Structured Finance Association (formerly SFIG) (the "SFA RMBS Compliance Review Scope") and (ii) outside counsel's interpretations of the published regulations as of the date of review of each mortgage loan. On an ongoing basis, MaxDiligence reviews updated interpretations of TRID through informal guidance provided by the Consumer Financial Protection Bureau ("CFPB"), such CFPB guidance may cause changes in the review scope and severity of TRID related exceptions, including applicable cures. While MaxDiligence continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Loan Estimates ("LEs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the Initial LE and confirm (i) the correct form was used; (ii) all sections of the Initial
LE are completed; and (iii) the Initial LE accurately reflects the information provided to MaxDiligence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If there is a Revised LE, confirm (i) that there is a "valid reason" for the Revised
LE; and (ii) that the Revised LE was issued within three (3) days of the change.

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Determine which LE in the file is the "final binding" LE for the purpose of Tolerance
Testing. A Revised LE that is issued after the CD, or that does not state a valid reason will not be used for the purposes of Tolerance
Testing. All revised LEs issued to the consumer will be reviewed for accuracy of terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Confirm initial LE was delivered within three (3) Business Days from the application date, and
at least seven (7) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Confirm revised LE was delivered within three (3) Business Days from date of the "valid reason"
giving rise to the Revised LE, and at least four (4) Business Days prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Confirm that certain sections of each LE determined to carry assignee liability were accurately
completed and that information was reflected in the appropriate locations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Closing Disclosures ("CDs")</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review the CD review and confirm (i) the correct form was used; (ii) all sections of the CD are
completed; and (iii) the CD accurately reflects the information provided to MaxDiligence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. If a subsequent CD is issued, confirm (i) that there was a valid reason for the change; (ii) that
the CD was issued within three (3) days of the change; and (iii) whether the reason for the change requires a new 3-day waiting
period prior to the consummation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Confirm Initial CD, and any subsequent CD with material changes (i.e. changes that require a new
waiting period), was received at least three (3) Business Days prior to the consummation date. With respect to applicable exception
remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered
or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect
to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later
than 60 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Federal Truth in Lending Act</u> ("TILA"), as implemented by Regulation Z, 12 C.F.R.
Part 1026, as set forth below:

Rescission

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

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

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

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

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

![](ex9926001.jpg)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Tolerance Testing</u>. Compare the fees disclosed in the final binding LE to those in the final
CD, and confirm that final CD fees are within the permitted tolerances. Confirm the total of payments are considered accurate as
defined by Regulation Z. Confirm Finance Charge tolerances are correct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Subsequent Changes</u>. Review the file to determine (i) whether there is evidence that certain
changes or errors (per the regulation) were discovered subsequent to closing, (ii) and whether the Loan originator followed the
prescribed cure. Test for evidence such as a copy of the refund check, or a corrected, post-consummation CD (" <u>PCCD</u> "),
and iii) with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation,
as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing
the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was
delivered or placed in the mail no later than 60 days after consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Loan Toolkit (§1026.19)</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) Business
Days after receipt of application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>TILA</u> 

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Compliance with the escrow account and appraisal requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator
Compensation and Steering (§1026.36):

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

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review relevant document to determine if there was dual compensation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Review the presence of the mortgage loan option disclosure and to determine if the Steering Safe
Harbor provisions were satisfied.

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance
in jurisdictions where it is prohibited.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the data against the NMLSR database, as available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>RESPA</u>:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) Business
Days of application;

![](ex9926001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the presence of the Your Home Loan Toolkit/Special Information Booklet in the mortgage
loan file or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Confirm the Your Home Loan Toolkit /Special Information Booklet was provided within three (3) Business
Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Confirm the presence of the CHARM booklet when applicable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. Confirm that the CHARM booklet was issued within three (3) Business Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. Confirm the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file
in the event the lender has affiliated business arrangements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) Business
Days of application;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Confirm the Affiliated Business Arrangement Disclosure is executed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper
timing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. Confirm that the creditor provided the borrower a list of homeownership counselling organizations
within three (3) Business Days of application; and

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>ECOA</u>: The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002,
as set forth below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Timing and content of the right to receive copy of appraisal disclosure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Charging of a fee for a copy of the appraisal or other written valuation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Timing of creditor providing a copy of each appraisal or other written valuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. iv) With respect to a borrower that has waived the three (3) Business Day disclosure requirement,
confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) Business Days prior to consummation;
and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Other Provisions</u> 

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

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

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

![](ex9926001.jpg)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Federal and state specific late charge and prepayment penalty provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Exclusions</u>. MaxDiligence will not test:

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

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

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

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

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

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

**Summary of Results**

**OVERALL RESULTS SUMMARY** 

After giving consideration to the grading criteria of the relevant NRSROs, 100% of the loans received a grade "B" or higher with 60.58% of the pool receiving an overall "A" grade.

**Final Loan Grades**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** | &nbsp;&nbsp;**Rating Agency Final Overall Grade Summary** |
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;83 | &nbsp;&nbsp;60.58% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;54 | &nbsp;&nbsp;39.42% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**137** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** | &nbsp;&nbsp;**Final Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |

---

![](ex9926001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;A | &nbsp;&nbsp;91 | &nbsp;&nbsp;66.42% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;46 | &nbsp;&nbsp;33.58% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**137** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** | &nbsp;&nbsp;**Final Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;126 | &nbsp;&nbsp;91.97% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;11 | &nbsp;&nbsp;8.03% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**137** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** | &nbsp;&nbsp;**Final Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;136 | &nbsp;&nbsp;99.27% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**137** | &nbsp;&nbsp;**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 (i.e., a loan with a Credit Grade of "A", Compliance Grade of "B", and a Property Grade of "A" would receive an overall Loan Grade of "B").

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception Type** | &nbsp;&nbsp;**Exception Level Grade** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;All Interested Parties Not Checked with Exclusionary Lists | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval - Lender Income Calculation Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Approval/Underwriting Summary Not Provided | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 1 Less Than 2 Months Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 2 Less Than 2 Months Verified | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Asset 3 Expired | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Authorization Access for Joint Account | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Earnest Money Deposit | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;A | &nbsp;&nbsp;Assets - Insufficient Cash to Close or Reserves | &nbsp;&nbsp;2 |

---

![](ex9926001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Assets - LOE Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Audited DTI Exceeds Guideline DTI | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 3rd Party VOE Prior to Close Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Borrower 1 Business Bank Statements Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 CPA Letter Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 1 Gap Credit Report is Missing | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Borrower 2 Credit Report is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Borrower 2 Paystubs Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Business Purpose - Loan Guaranty/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Cash Deposit | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Cash reserves less than required by guidelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Condo - Documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: EIN Doc is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Corporation/LLC: Operating Agreement Doc is Incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit report incomplete | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Borrower Identity | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Eligibility - Citizenship Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Evidence of Property Tax Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Final Settlement Statement Missing. | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Gift Letter - Donor Ability | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance - Other Insurance Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Coverage Amount is less than Required Coverage Amount | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Hazard Insurance Coverage is less than all Subject Lien(s) | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Hazard Insurance Effective Date is after the Disbursement Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Expiration Date is before the Note Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Hazard Insurance Policy is Partial | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;HO-6 Insurance Policy is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Comparable Rent Schedule Form 1007 Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Mismatch | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Income - Rental Property | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Liabilities - Not Verified | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Liabilities - REO | &nbsp;&nbsp;5 |
| &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing Property Tax Cert | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;No Credit Findings | &nbsp;&nbsp;50 |
| &nbsp;&nbsp;Other Property Insurance Policy Expiration Date is before the Note Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Program Parameters - Borrower/Business Entity Ineligibility | &nbsp;&nbsp;1 |

---

![](ex9926001.jpg)

---

| | | | |
|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Program Parameters - LTV | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Program Parameters - Product Type | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Property Title Issue | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Subject property Short Term Rental Income does not meet qualification | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Third Party Fraud Report Partially Provided | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Title Coverage is Less than Subject Lien(s) Total | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;Title Document Missing | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | &nbsp;&nbsp;2 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (A) Exceptions*** | &nbsp;&nbsp;***140*** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited CLTV Exceeds Guideline CLTV | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited FICO is less than Guideline FICO | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited HCLTV Exceeds Guideline HCLTV | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Loan Amount is greater than Guideline Maximum Loan Amount | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited LTV Exceeds Guideline LTV | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Audited Reserves are less than Guideline Required Reserves (Number of Months) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower - Residency Alien Documentation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Calculated DSCR does not meet the Minimum DSCR allowed | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Cash Out Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit Profile - Insufficient Tradelines | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;DSCR does not meet Guidelines | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Eligibility - Investor Experience | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Employment - Insufficient Years Self-Employed | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;HO6 Insurance Policy Effective Date is after the Note Date | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Housing History Does Not Meet Guideline Requirements | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Lease Agreement | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing VOM or VOR | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Guidelines Conformity | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - LTV | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Program Parameters - Property Type | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Reserves - Insufficient for REO | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Trust/POA Does Not Meet Guideline Requirements | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions*** | &nbsp;&nbsp;***60*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal - Miscellaneous | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Appraisal is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Loan Purpose is Purchase but Purchase Contract Doc is Missing | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;6 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;No Property Findings | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Property Issue - Neighborhood Location | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Field Review Supports Value within 10% | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;A | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;113 |
|  |  | &nbsp;&nbsp;***Total Property Grade (A) Exceptions*** | &nbsp;&nbsp;***128*** |

---

![](ex9926001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Property&nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal - Condominium/Commercial use exceeds 20% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Condo - Warrantability | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Missing Doc - 3rd Party Valuation Product/Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Condo Ineligible | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Ineligible Property | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Listed for Sale Past 6 months | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Property Issue - Neighborhood Location | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Value - AVM/BPO/Desk Review did not support Value within -10% | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;Value - Value is supported within -10% of original appraisal amount | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Property Grade (B) Exceptions*** | &nbsp;&nbsp;***12*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;1-4 Family Rider is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Charges That Cannot Increase Test (50001251) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Federal - Loan Estimate Received At Least Four Business Days Before Consummation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Final CD: Prepayment Penalty is missing or inaccurate | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Insufficient Change of Circumstance (50001252) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Loan Origination Company NMLS Status is Unknown | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Loan Originator NMLS is Not Valid | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Loan Originator NMLS Status is Unknown | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Attorney Preference Letter | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing evidence Mortgage/Deed of Trust will be recorded | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing evidence of rate lock | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Initial Escrow Disclosure | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing Prepayment Rider | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Missing US Patriot Act Disclosure or ID | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Findings | &nbsp;&nbsp;18 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;No Compliance Tests Performed | &nbsp;&nbsp;91 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;Prepayment Penalty Information Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Deed of Trust is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Deed of Trust is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Final 1003 is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Initial 1003 is Missing | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Note is Incomplete | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;The Note is Missing | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;TRID: Missing Final Closing Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;TRID: Missing Initial Closing Disclosure | &nbsp;&nbsp;2 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;TRID: Missing Loan Estimate | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (A) Exceptions*** | &nbsp;&nbsp;***145*** |
| &nbsp;&nbsp;Compliance &nbsp;&nbsp;B | &nbsp;&nbsp;Note Indicates Interest Only Terms but Loan not Approved as an Interest Only Program or Program does Not Allow for Interest Only Terms | &nbsp;&nbsp;1 |
|  | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions*** | &nbsp;&nbsp;***1*** |

---

![](ex9926001.jpg)

**Tape Integrity Review Results Summary**

As part of the Credit, Property and Compliance Reviews, MaxDiligence captured data from the source documents and compared it to a data tape provided by Client. MaxDiligence provided Client a Data Discrepancy Report which shows the differences between the tape data and the data captured by MaxDiligence during the diligence process.

Of the 137 mortgage loans reviewed, 83 unique mortgage loans (by loan count) had a total of 159 different tape discrepancies across 36 data fields (some mortgage loans may have had more than one). A blank or zero value on the data tape when an actual value was captured by MaxDiligence was not treated as a data variance.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% Variance** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Amount of Other Lien | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;B1 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;B2 Verified Citizenship Designation | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Borrower 1 Citizen | &nbsp;&nbsp;6 | &nbsp;&nbsp;137 | &nbsp;&nbsp;4.38% |
| &nbsp;&nbsp;Borrower 1 Employer 1 Years in Line of Work | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Borrower 1 Qualifying Income | &nbsp;&nbsp;21 | &nbsp;&nbsp;137 | &nbsp;&nbsp;15.33% |
| &nbsp;&nbsp;Borrower 1 Self-Employment Flag | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Borrower 1 Years in Current Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;29 | &nbsp;&nbsp;137 | &nbsp;&nbsp;21.17% |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;13 | &nbsp;&nbsp;137 | &nbsp;&nbsp;9.49% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;8 | &nbsp;&nbsp;137 | &nbsp;&nbsp;5.84% |
| &nbsp;&nbsp;Is the Condo Project warrantable | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;7 | &nbsp;&nbsp;137 | &nbsp;&nbsp;5.11% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;3 | &nbsp;&nbsp;137 | &nbsp;&nbsp;2.19% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Number of Mortgaged Properties | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Originator DSCR | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Prepayment Penalty Calculation | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;11 | &nbsp;&nbsp;137 | &nbsp;&nbsp;8.03% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;137 | &nbsp;&nbsp;2.19% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;7 | &nbsp;&nbsp;137 | &nbsp;&nbsp;5.11% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;137 | &nbsp;&nbsp;2.19% |

---

![](ex9926001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;8 | &nbsp;&nbsp;137 | &nbsp;&nbsp;5.84% |
| &nbsp;&nbsp;Qualifying Total Reserves Number of Months | &nbsp;&nbsp;11 | &nbsp;&nbsp;137 | &nbsp;&nbsp;8.03% |
| &nbsp;&nbsp;Reviewed Appraised Property Value | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Reviewed Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;2 | &nbsp;&nbsp;137 | &nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Underwriting Guideline Product Name | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Underwriting Guideline Version Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;137 | &nbsp;&nbsp;0.73% |

---

**Event Grade Definitions**

---

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

---

---

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

---

![](ex9926001.jpg)

---

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

---

---

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

---

## Exhibit 99.27

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.27**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Last Name** | **Property State** | **Occupancy** | **Purpose** | **Originator QM Status** | **TPR QM Status** | **Exception ID** | **Exception Number** | **Exception Date** | **Exception Type** | **Exception Subcategory** | **Exception** | **Exception Remedy** | **Rebuttal** | **TPR Response** | **Compensating Factors** | **Status Update Date** | **Finding Status** | **Initial Exception Grade** | **Final Exception Grade** | **Initial Loan Grade** | **Final Loan Grade** |
| XXXX | XXXX | 4350119762 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119762 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119762 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. Unable to locate proof of rate lock. <br>|  | Document Uploaded. - XXXX | Evidence of Rate Lock Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. Guidelines require 6 months reserves - A formal exception is in file. <br>|  |  |  | Compensating factors used were XXXX credit score and 31.76% debt ratio. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | All Interested Parties Not Checked with Exclusionary Lists | All interested parties not checked with exclusionary lists. The XXXX Confirmation of Searches provided reflected borrower name only and not other relevant, interested parties to the transaction. <br>|  | Document Uploaded. - XXXX | Fraud Report provided. Condition resolved - XXXX<br> All Interested Parties Checked against Exclusionary Lists - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Credit | Gift Letter - Donor Ability | Satisfactory evidence of the donor's ability to provide funds to the borrower was not in the file. Guidelines require evidence of the donor's ability to provide the gift funds. <br>|  | Document Uploaded. - XXXX | Evidence of Wire provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119763 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 5 | XXXX | Credit | Asset 1 Less Than 2 Months Verified | Asset has less than 2 months verified in file. Two months of bank statements are required for purchase transactions per FNMA guidelines; however, only one statement is currently in the loan file for the XXXX account ending in xxXXXX. <br>|  | Document Uploaded. - XXXX | Updated statement provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 5 | XXXX | Credit | Asset 2 Less Than 2 Months Verified | Asset has less than 2 months verified in file. Two months of bank statements are required per FNMA guidelines; however, the statements for the Empower account ending in XXXX are missing from the loan file. <br>|  | Document Uploaded. - XXXX | Asset 2 Verified Sufficiently Or Not Applicable - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 4 of 5 | XXXX | Credit | Condo - Documentation | The loan file did not contain required condo documentation (ie. Master HOI, Condo Questionnaire, Condo Budget, Project Review). The condo questionnaire for the subject property (XXXX) is missing from the loan file. The one in file is for XXXX. Please provide the condo questionnaire. <br>|  | Document Uploaded. - XXXX | Explanation provided: The project is made up of multiple addresses. XXXX and XXXX XXXX are part of the project. Please have them reference the EOP (shows XXXX and XXXX XXXX and XXXX) which shows all addresses in the project. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119764 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 5 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The mortgage statement for XXXX for XXXX for $XXXX is missing from the loan file. <br>|  | Document Uploaded. - XXXX | Statement provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119766 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119766 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119766 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | Borrower 1 Business Bank Statements Missing | Borrower 1 Business Bank Statements missing from the file. 12 Month Profit & Loss (P&L)-2 months of recent Business Bank statements must be provided to support the P&L gross income. The average bank statement deposits must be no lower than 85% of the monthly average of gross income reflected by the CPA P&L. <br>|  | Document Uploaded. Per Underwriter, XXXX months of business bank statement does not require to support the gross income per P&L guideline. Could you please consider this as waive? - XXXX | Per review of guidelines its not required. - XXXX<br> Condition upheld. Please provide the complete guideline this loan was underwritten to, as we seem not have it. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Subject property Short Term Rental Income does not meet qualification | Short term rental income is not properly documented and/or does not meet guidelines. The loan was approved using short-term rental income from XXXX. Per guidelines, documentation must include the property address or a unique property ID specific to the subject property. The XXXX statement provided does not list the property address or a unique property ID. A formal exception is located in the loan file but references a DSCR of 1.44. The audited DSCR is 1.334 (PI& - $XXXX; Taxes- $XXXX; Hazard- $XXXX; HOA - $XXXX; Total PITIA - $XXXX; short term rental income is $XXXX. $XXXX/XXXX = 1.334. Please provide the updated exception. <br>|  | Document Uploaded. so sorry my notes didnt save on it - see attached - XXXX <br> lender research ties out all property addresses adn name of XXXX - XXXX<br> Document Uploaded. see tie out of XXXX wesbite screenshot and str statements matching the unit name - highlighted and boxed for callout - XXXX | Condition resolved, per management. - XXXX<br> Document Uploaded. Condition upheld. See attached guideline. There is nothing on the XXXX Print-Out (from XXXX) that says the XXXX XXXX is the property. - XXXX<br> Condition upheld. XXXX needs to state the property address per guidelines. It can not be written on by Lender. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Program Parameters - Property Type | The subject loan does not meet program parameters for property type. The subject property is a log cabin. Per guidelines, log homes are ineligible. Per the 1008, the exception is for short-term rental, rural property location, and LTV- not property type. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | Exception provided for: Collateral: Property is Rural and does not meet guidelines requirements - XXXX<br> Condition upheld. Provide Approved Exception form. - XXXX | FICO XXXX / GROSS RENTS ARE $XXXX - NEW LOAN PAYMENT IS $XXXX / DSCR OF 1.44 / CASHOUT OF XXXX<br> FOR RESERVES / EXPERIENCED INVESTOR | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines, properties located in a rural area are not eligible. A formal exception is located in the loan file but references a DSCR of 1.44. The audited DSCR is 1.334 (PI& - $XXXX; Taxes- $XXXX; Hazard- $XXXX; HOA - $XXXX; Total PITIA - $XXXX; short term rental income is $XXXX. $XXXX/XXXX = 1.334. Please provide the updated exception. <br>|  | Document Uploaded. - XXXX<br> WE HIT SHORT TERM RENTS FOR EXPENSE RATIO / NOT REQD PER GUIDES / IF WE MOVE SHORT TERM RENTS BACK TO 100% RENTS WE ARE BACK TO ($XXXX FROM XXXX , XXXX XXXX) = XXXX / 12 = XXXX RATIO AT 1.482 // SELLER CLASSIFIES AS IMMATERIAL. - XXXX | Exception provided for: Collateral: Property is Rural and does not meet guidelines requirements, Rate Sheet Pricing / Program: DSCR Ratio does not meet the rate sheet / guideline / program requirements, Other: Mortgage transaction type does not meet guideline requirements. - XXXX<br> Condition upheld. Provide Approved Exception form. - XXXX | FICO higher than XXXX, AND at least XXXX points higher than guideline minimum, Qualifying DSCR higher than 1.1x, AND at least 0.1x higher than guideline minimum, Monthly reserves is verified AND at least XXXX months more than guideline minimum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119767 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The borrower's primary residence is rented. The lease is in the loan file. Per guidelines, a 12-month verification of rent is required and can be evidenced by bank debits, cancelled checks, or institution verification of rent. Bank debits for XXXX-XXXX and XXXX-XXXX XXXX are in the loan file, but the payment for XXXX is missing. Please provide proof of the XXXX payment. <br>|  | Document Uploaded. re attaching lease checks / there are XXXX checks attatched - looks two payments were made in XXXX - one at beginning of month adn one at end of month - XXXX | Evidence of payments provided. Condition resolved. - XXXX<br> Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 5 | XXXX | Property | Property Issue - Condo Ineligible | The subject condo project is ineligible. Guidelines allow for non-warrantable condominium projects with restrictions. Guidelines require an adequate budget reserve typically at least 10% of annual revenue. Per Condominium Project Review, the reserve allocation percentage is 4.36% ($XXXX reserve allocation, $XXXX total annual assessment income) which does not meet guideline requirements. Project is non-warrantable as the project is not complete and HOA is still in control of the Developer. No exception was found in file to address the matter. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | Exception provided for: $XXXX loan amount for second home / HOA reserve allocation below 10% - XXXX<br> Condition upheld. Email between XXXX and XXXX was provided. However please provide a Formal Approved Exception form with Comp Factors. - XXXX<br> Condition upheld. Exception provided does cover condo budget. - XXXX<br> Received correspondence that indicated XXXX approved the budget at below 10%. Please provide XXXX approval for the budget being below 10% for the subject non-warrantable project. - XXXX | 57% LTV, $XXXX in reserves, 17% DTI, full doc, XXXX years in business, $XXXX in monthly residual income, no housing lates. For HOA reserve allocation - association is new construction and collecting a 1% reinvestment fee with each sale.transfer, and that fee is attributed to common areas. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 5 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Duplicate <br>|  |  | Exception provided for: Loan amount is greater than rate sheet / guideline / program requirements $XXXX loan amount for second home - XXXX | 57% LTV, $XXXX in reserves, 17% DTI, full doc, XXXX years in business, $XXXX in monthly residual income, no housing lates<br> Qualifying DTI less than 35%, AND at least 10% less than guideline maximum<br> LTV less than 70%, AND at least 5% less than guideline maximum<br> Borrower has verified residual income (disposable income) of at least $XXXX per month | XXXX | Waived | 1 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 4 of 5 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Duplicate <br>|  |  | Exception provided for: Loan amount is greater than rate sheet / guideline / program requirements $XXXX loan amount for second home - XXXX | 57% LTV, $XXXX in reserves, 17% DTI, full doc, XXXX years in business, $XXXX in monthly residual income, no housing lates<br> Qualifying DTI less than 35%, AND at least 10% less than guideline maximum<br> LTV less than 70%, AND at least 5% less than guideline maximum<br> Borrower has verified residual income (disposable income) of at least $XXXX per month | XXXX | Waived | 1 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119769 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Second Home | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 5 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Subject loan amount is $XXXX for a second home purchase transaction, which is not allowed per guidelines. No approved exception with documented compensating factors was provided. <br>|  | Document Uploaded. - XXXX | Exception provided for: Loan amount is greater than rate sheet / guideline / program requirements $XXXX loan amount for second home - XXXX | 57% LTV, $XXXX in reserves, 17% DTI, full doc, XXXX years in business, $XXXX in monthly residual income, no housing lates<br> Qualifying DTI less than 35%, AND at least 10% less than guideline maximum<br> LTV less than 70%, AND at least 5% less than guideline maximum<br> Borrower has verified residual income (disposable income) of at least $XXXX per month | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119772 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119772 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119772 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119773 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Borrower lives rent free and has no prior or current mortgage/rental history, per the guidelines, rent free is allowed on a purchase transaction: When the subject property is in a different geographic area from the residence, or the borrower is an experienced investor with existing REO. The subject property is located only XXXX miles from the borrower's primary residence, and the borrower has no investment property experience. XXXX XXXX, a property profile report is required for the borrowers primary residence. <br>|  | Document Uploaded. See attached exception approved - XXXX<br> Document Uploaded. The borrower is in the process of purchasing multiple investment properties and buying a primary in XXXX. Please find the attached LOE. - XXXX | Exception provided for: Borrower is purchasing a investment property while living rent free. The investment property is in another town but still XXXX and the borrower is actively searching for a primary residence of better quality in a different town. - XXXX<br> Condition upheld. Exception required. - XXXX | High Reserves, Good Credit, Low LTV<br> LTV less than 70%, AND at least 5% less than guideline maximum<br> Monthly reserves is verified AND at least 4 months more than guideline minimum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119773 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119773 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119714 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Approved Exception in file for 80% LTV/CLTV in file. <br>|  |  |  | Compensating factor listed as High FICO over program requirements | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119714 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119714 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX <br>|  | Document Uploaded. attached is our insurance guideline. attached, we have an email from the insurance agent confirming that they did a thorough analysis and the dwelling coverage would cover the replacement cost. - XXXX<br> Document Uploaded. please see explanation from insurance agent. Per agent, thorough analysis was done to determinate replacement cost value. - XXXX | Per Guidelines: A statement from the insurance company was provided stating: A thorough analysis was done through XXXX valuation platform to determine<br> replacement cost value. - XXXX<br> Condition upheld. HOI does not cover loan amount or the Estimated cost to rebuild per Appraisal. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Third Party Fraud Report Partially Provided | Third party fraud report partially provided. Need fraud report for both coborrowers <br>|  | Document Uploaded. fraud report contains all 3 - XXXX | Fraud Report provided. Condition resolved. - XXXX<br> Third Party Fraud Report is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Missing Lease Agreement | A formal exception is on file <br>|  |  |  | FICO >60 points above requirement, assets >30 months above requirement | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Credit | Guideline Violation: Property is not Owner Occupied | Per guidelines credit applicants must be an immediate relative and proof of relationship is required. Need this documentation as this transaction has 3 borrowers. <br>|  | This is an investment property. Those XXXX are members under the LLC. - XXXX | Condition set in error. All three Borrower's are Members of the LLC. - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119710 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119685 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Exception noted for the FTHB file on page XXXX: The file lists a high FICO score as a compensating factor exceeding program requirements. Please note that a minimum of two compensating factors must be provided, but only one is currently listed. Kindly provide an additional compensating factor to meet the program guidelines. <br>|  | Document Uploaded. - XXXX <br> We do not require a minimum of 2 compensating factor for the exception. - XXXX | Exception approval provided. Condition waived. - XXXX<br> Condition upheld. Investor is requesting. Please provide. - XXXX | Per guidelines, a minimum of one year of investor experience is required. The borrower does not have any prior investor experience. An approved exception for first-time homebuyers is documented in the file on page XXXX. Compensating factors include a FICO score that exceeds program requirements. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119685 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119685 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119740 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require DSCR loans, a credit report or VOM / VOR is required on the the borrower's primary residence. <br>|  | Document Uploaded. page XXXX of divorce decree states permitted to reside exclusively at the XXXX - XXXX<br> Per our guidelines, VOR/VOM are not required. - XXXX | Per Divorce Decree in file, Borrower resides in XXXX, and Husband pays the Mortgage as it is in his name. - XXXX<br> Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - XXXX<br> Condition upheld. Provide the Rent-Free letter as required by Guidelines. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119740 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Property | Property Issue - Condo Ineligible | The subject condo project is ineligible. Property Eligibility <br> Minimum GLA: Condo XXXX. Subject condo GLA is XXXX. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX <br> Document Uploaded. attached email. Exception was granted on this. Please confirm with investor. - XXXX | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX<br> Condition upheld. Provide exception approval form with compensating factors. - XXXX | FICO higher than XXXX; and at least XXXX points higher than guidelines; XXXX+ years of credit no derog credit | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119740 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. <br>|  | Guidelines for First time buyer has a max LTV of 70% - XXXX <br>3 compensating factors are not required. - XXXX <br> Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX<br> Condition upheld. Provide corrected exception for to include a minimum of three compensating factors as required by investor. - XXXX | Prepayment Penalty ≥ 3 years | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119740 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per the guidelines, at least one year of investor experience is required. The borrower does not meet this criterion. An exception is not located in the file. Please submit an exception with at least two compensating factors. <br>|  | 3 compensating factors are not required. - XXXX<br> Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX<br> Condition upheld. Provide corrected exception for to include a minimum of three compensating factors as required by investor. - XXXX | Prepayment Penalty ≥ 3 years | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119740 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 7 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Missing GAP Report for all XXXX borrowers <br>|  | DSCR loan. credit refreshes not needed. - XXXX | GAP Report is not required per Guidelines. CR and Note are XXXX days apart. Condition voided. - XXXX |  | XXXX | Void | 4 |  | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 7 | XXXX | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing VOR for borrower XXXX. Exception in the file states waiving lease agreement. Is this being waived for borrower XXXX. Please clarify <br>|  | Waiving the lease agreement is for the subject property.<br> Lease agreement was provided for borrower 3's primary. VOR not needed per our guidelines. - XXXX | Not required per Guidelines. Condition voided. - XXXX |  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 7 | XXXX | Credit | Hazard Insurance Coverage is less than all Subject Lien(s) | Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX Unable to locate document with required coverage amount. <br>|  | Document Uploaded. See attached explanations from the insurance agent. They are prohibited from providing the RCE but have stated on email that they did a thorough analysis to determine the minimum dwelling for the replacement cost. - XXXX | Received email from insurance - XXXX |  | XXXX | Resolved | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 7 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Please note that need clarification on borrower XXXX only signed as a member. <br>|  | borrower XXXX, XXXX, signed the personal guaranty. - XXXX | All three Borrowers signed the Note and Personal Guaranty. Condition voided. - XXXX |  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 7 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 7 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119680 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 7 | XXXX | Credit | Missing Lease Agreement |  |  |  | Exception provided - XXXX<br> Condition provided for Missing Subject Lease Agreement. - XXXX | Loan as XXXX year PP, XXXX months reserves, High FICO of XXXX. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119676 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119676 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119676 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. First Time Home Buyer and First Time Investor - A formal exception is in file. <br>|  |  |  | Compensating factors used were High FICO (XXXX) over program requirement and High DSCR (1.106). | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119676 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. Guidelines require either a Replacement Cost Estimator or Agent confirmation that the dwelling coverage amount is equal to or greater than the property's replacement cost value. However, neither document was provided to support sufficient property coverage. <br>|  | Per guidelines, an insurance risk appraisal. The dwelling coverage of $XXXX is more than Appraisal Total cost of new amount $XXXX on the appraisal report. This is sufficient coverage. - XXXX | Hazard Insurance Policy is fully present - XXXX<br> Condition resolved. Appraisal Total cost of new amount $XXXX. HOI Dwelling Amount is $XXXX. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119676 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Guidelines require a letter or explanation or rent-free letter from property owner for a First Time Home Buyer transaction to verify twelve-month housing history, which was not provided. <br>|  | Document Uploaded. - XXXX | Rent Free Letter from Borrower's parent was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119671 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  | RCE states $XXXX replacement cost. The insurance dwelling coverage more than exceeds that giving full replacement cost. - XXXX | RCE provided - XXXX | Hazard insurance is $XXXX is less than required coverage amount of $XXXX. | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119671 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Housing History verified via credit report or VOM / VOR is required on the borrower's primary residence only. 1003 identifies Borrower rents current residence. <br>|  | VOR not required per our dscr guidelines. - XXXX | Not required per guidelines - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119671 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | dscr loan. credit refresh not required. - XXXX | DSCR not required per guidelines - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119671 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119671 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119709 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119709 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119709 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Missing Lease Agreement | Guideline requires for refinances where the subject property is tenant-occupied to provide a current executed lease agreement, when no lease agreement was in file - A formal exception is in file. <br>|  |  |  | Compensating factors used were High FICO over program requirements and High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119709 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Per evidence of insurance and XXXX risk assessment, Guarantors have three other properties which appear to be concurrent fundings with the originator: XXXX #XXXX, XXXX #XXXX, and XXXX #XXXX. Provide final XXXX settlement statements for the aforementioned loans to ensure sufficient assets were documented to meet subject loan funds to close and reserve requirements.  |  | Document Uploaded. attached. - XXXX | Final Settlement Statements were provided. XXXX, and XXXX both disbursed and closed on XXXX, which is after the subject property. XXXX closed and disbursed the same day as the subject property and closing funds of $XXXX were subtracted from the available assets. Condition resolved. - XXXX<br> Liquid Funds Post-Close are greater than or equal to $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119655 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. First Time Home Buyer - A formal exception is in file. <br>|  | Verified assets 6 months more than guideline requirement. - XXXX<br>|  | Compensating factors used was high FICO over program requirement. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119655 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119655 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119741 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119741 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119741 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Value - AVM/BPO/Desk Review did not support Value within -10% | The 3rd party review product did not support the value within a -10% variance. AVM exceeds -10% at -19.62% <br>|  | Document Uploaded. Attached explanation from our uw. - XXXX<br> Document Uploaded. reviewer's opinion of market value is $XXXX on this. - XXXX | Received explanation from seller; lowest value from desk review used for the LTV/CLTV calculation and downgraded to XXXX/XXXX grade. - XXXX<br> Please provide LOE to detail 1. Appraisal does not reflect prior sale as noted on the desk review. 2. Lender to clarify why a desk review was ordered when a field review was in file as the desk review reflects a -19% variance. - XXXX | Lowest value from desk review used for the LTV/CLTV calculation and downgraded to 2/B grade. | XXXX | Acknowledged | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Assets - Earnest Money Deposit | The earnest money deposit was not properly documented and/or sourced. Please provide evidence of earnest money deposit cleared from account. <br>|  | Per our guidelines Escrow Letter is sufficient, we do not need sourcing. - XXXX | EMD Verification was located in the loan file. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$XXXX' are less than $0. Three months of reserves are required. Please provide verification of the construction cost deposit in the amount of $XXXX or additional proof of assets. <br>|  | With EMD accounted for, we have enough funds to close and reserves. - XXXX | EMD Verification was located in the loan file. Condition resolved. - XXXX<br> Total Cash reserves are greater than $0. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119661 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of '$XXXX', are less than $0. Borrowers total verified assets are insufficient for cash to close or reserves. Provide verification of the construction cost deposit in the amount of $XXXX. <br>|  | With EMD accounted for, we have enough funds to close and reserves. - XXXX | EMD Verification was located in the loan file. Condition resolved. - XXXX<br> Liquid Funds Post-Close are greater than or equal to $0. - XXXX<br> Liquid Funds Post-Close are greater than or equal to $0. Borrower(s) total verified assets are insufficient for cash to close or reserves. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119659 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119659 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119659 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119667 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119667 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119667 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Per guidelines-For Rate/Term and Cash-Out refinance transactions where the subject property is tenant-occupied, a current executed lease agreement must be provided. Waiving lease agreement. A formal exception is in file. <br>|  |  |  | Compensating factors-Borrowers have high fico scores over program requirements and high DSCR calculation. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119658 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119658 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119658 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119677 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119677 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119677 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119675 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119675 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119675 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119643 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Borrower 1 Credit Report is Missing | Borrower 1 credit report is missing. Provide credit report <br>|  | This is a DSCR Foreign National loan - Foreign Nationals do not have credit therefore, there is no credit report. We use a defaulted XXXX score for these borrowers. - XXXX | FN Loan, not required. - XXXX |  | XXXX | Void | 4 |  | 4 | 2 |
| XXXX | XXXX | 4350119643 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Provide work VISA for borrower <br>|  | This is a Foreign National loan the borrower. There is no work XXXX for this type of borrower. - XXXX | FN Loan, Not required. - XXXX |  | XXXX | Void | 3 |  | 4 | 2 |
| XXXX | XXXX | 4350119643 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119643 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | DSCR is less than minimum allowed <br>|  | Document Uploaded. - XXXX | Exception provided. Exception for a FN with a DSCR under 1 - XXXX | Exception approved with .XXXX to price<br> Max LTV is 70<br> DSCR to not fall under XXXX | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119643 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Compliance | Loan Origination Company NMLS Status is Unknown | Loan Origination Company NMLS status is unknown. <br>|  | nmls not required for business purpose loan in XXXX - XXXX | Not Required in XXXX. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | Loan Originator NMLS Status is Unknown | Loan Originator NMLS status is unknown. <br>|  | nmls not required for business purpose loan in XXXX - XXXX | Not Required in XXXX. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Hazard Insurance Policy is Partial | Hazard insurance policy partially provided. Hazard insurance policy in file is missing the policy number. <br>|  | Document Uploaded. received from insurance agent. - XXXX | Updated HOI Policy was provided. Condition resolved. - XXXX<br> Hazard Insurance Policy is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). TITLE COVERAGE IS XXXX NOT XXXX <br>|  | Document Uploaded. attached is updated. part of page XXXX of title section of pdf. - XXXX | Updated Title provided. Condition resolved. - XXXX<br> Title coverage amount of $XXXX is equal to or greater than total amount of subject lien(s) $XXXX+0+0 - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119654 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119690 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Expiration Date is before the Note Date | Hazard insurance expiration date is prior to or equal to the Note date. Please provide updated hazard policy with correct expiration date of XXXX. <br>|  | Document Uploaded. corrected from agent - XXXX | Updated HOI provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119690 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119690 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119705 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. First Time Home Buyers require an exception with a 5% LTV deduction. Exception in file with compensating factors allowing 70% Max LTV <br>|  |  |  | Compensating factor listed as High FICO | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119705 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119705 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119660 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Allowed per guidelines Exception for FTHB page XXXX. Compensating factors: Higher DSCR <br>|  |  | Exception provided - XXXX | High DSCR | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119660 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119660 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119663 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119663 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119663 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 2 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 2 | XXXX | Compliance | The Initial 1003 is Missing | The Initial 1003 is missing. <br>|  | Document Uploaded. Please see the attached original auth from XXXX - XXXX<br> Document Uploaded. Application attached. - XXXX | Initial 1003 provided. Condition resolved. - XXXX<br> The Initial 1003 is present. - XXXX<br> Condition upheld. Application provided is dated XXXX, however Credit Report for Borrower is dated XXXX. Provide Initial 1003 or signed authorization to pull credit dated on or prior to XXXX. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 9 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 9 | XXXX | Credit | Borrower 2 Credit Report is Missing | Borrower 2 credit report is missing. Unable to locate the credit report for XXXX XXXX XXXX. Please provide the credit report. Borrower 2 Credit Report is Missing. <br>|  | Document Uploaded. Credit report for XXXX attached. - XXXX | B2 Credit Report provided. Condition reesolved. - XXXX<br> Borrower 2 Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 9 | XXXX | Credit | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The Verification of Mortgage (VOM) does not reflect the lender's name or loan number. Please provide a completed VOM for the subject property. <br>|  | Document Uploaded. Updated VOM attached. - XXXX | VOM provided. Condition resolved. - XXXX<br> Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 9 | XXXX | Credit | Third Party Fraud Report Partially Provided | Third party fraud report partially provided. Unable to locate a fraud report for XXXX XXXX XXXX. Please provide the fraud report. <br>|  | Document Uploaded. Fraud/background report for XXXX attached. - XXXX | Fraud Report provided. Condition resolved. - XXXX<br> Third Party Fraud Report is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 9 | XXXX | Credit | Eligibility - Citizenship Requirements | The documented citizenship does not meet guideline requirements. Unable to locate photo identification documents for both borrowers as required per guidelines. Please provide photo identification documents for XXXX; and XXXX.<br>|  | Document Uploaded. XXXX ID attached. - XXXX | ID provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 9 | XXXX | Credit | Missing Lease Agreement | Unable to locate a lease agreement for the subject property. Guidelines cite a Single-Family Properties requires an in-place lease agreement at origination in order to avoid 5% reduction to max LTV. Please provide the lease agreement and proof of rent collection for the last two months. <br>|  | Document Uploaded. Please see the attached lease and supporting deposit and 1st month rent documents. - XXXX | Lease Agreement provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 9 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. The file contains an AVM, but guidelines cite the only appraisal review products allowed are XXXX (XXXX) [XXXX valuations product] or XXXX (XXXX) [XXXX]. Please provide a satisfactory third party valuation product that meets guidelines. <br>|  | Document Uploaded. Please see the attached. - XXXX | CDA supporting value provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 9 | XXXX | Property | Appraisal - Miscellaneous | The subject appraisal reflected issues. Provide corrected 1007 and Operating Income Statement. 1st Page of Appraisal shows Tenant Occupied, 1007, and Operating Income Statement shows not rented. If property is vacant at origination, Guidelines state: 5% reduction to Max LTV for Refinances where property is vacant at the time of origination  |  | Document Uploaded. Please see the attached. - XXXX<br> Document Uploaded. Our guidelines do not base occupancy on the appraisal. Occupancy is based on an active lease with proof of rent being paid. Lease and proof of security deposit/1st month rent uploaded. - XXXX | At the time of the note/closing a lease was in place, condition resolved. - XXXX<br> Condition upheld. Guidelines state: Refinance Transaction - ● Single-Family Properties require an in-place lease agreement at origination in order to avoid 5% reduction to max LTV. The Credit Report is dated XXXX. The Lease is dated XXXX. Appraisal states Tenant Occupied, however there is not lease information on the 1007. Appraiser states on page one of the Appraisal "The subject is tenant occupied but has no income." Provide Exception.<br> - XXXX<br> Condition upheld. Please provide Appraisal update. Appraiser contradicts himself. Was it vacant or occupied at the time the Appraisal was completed? Appraiser needs to correct it. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119656 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 9 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Provide exception for the the LTV exceeding the max. Subject was not occupied at the time of origination, therefore a 5% LTV reduction is required. <br>|  |  | Audited LTV of 75% is less than or equal to Guideline LTV of 75% - XXXX<br> Lease was in place at the time of origination, condition invalid. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Please see the attached assignment of leases. - XXXX | Assignment of rents was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Corporation/LLC: EIN Doc is Missing | The loan file does not contain the Coporation/LLC: EIN documentation. <br>|  | Document Uploaded. EIN letter attached. - XXXX | EIN provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Credit Profile - Other | There are additional observations that could impact the credit decision and/or quality of the loan. Need HOI and taxes for primary residence <br>|  | Please elaborate - This is a repeat borrower and this is the very first time we have been asked for HOI and tax information for the borrowers primary. - XXXX | Condition set in error. DSCR Loan - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119679 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 11 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. <br>|  | Document Uploaded. application attached. - XXXX | Business Purpose DSCR Loan. - XXXX<br> The final 1003 has been provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 11 | XXXX | Compliance | The Initial 1003 is Missing | The Initial 1003 is missing. <br>|  | Document Uploaded. Application attached. - XXXX | DSCR Loan Application was provided. Condition resolved. - XXXX<br> The Initial 1003 is present. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 11 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. The loan did not contain the Approval/Underwriting Summary. <br>|  |  | Not required - XXXX<br> The loan did not contain the Approval/Underwriting Summary. - XXXX |  | XXXX | Void | 3 |  | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 11 | XXXX | Credit | Program Parameters - LTV | The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. Per the guidelines if the property is owned less than XXXX days, a copy of the rehab budget/scope of work to support the increased value must be provided.<br>|  | Subject guideline only applies to Cashout refinances. Not applicable for Rate/Term refis such as subject. - XXXX | Subject transaction is not a cash-out. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 11 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Per the guidelines, proof of 2 months' rent or 1 month and security deposit must be provided. <br>|  | Guidelines do not require XXXX and XXXX Rent. Lease started XXXX. Loan closed XXXX - Proof of security deposit was provided as is required for new leases per our guidelines. - XXXX <br> Document Uploaded. - XXXX<br> Document Uploaded. Please see the attached proof of security deposit. - XXXX | Evidence of deposit provided. - XXXX<br> Condition upheld. Per Guidelines and Lease, provide evidence of receipt for XXXX and XXXX rent. - XXXX<br> Condition upheld. Per guidelines: Lower of in-place rent and market rent from valuation report. Since in place rent is being used, Provide: ■ In-place rent requires proof of rent collection for T2 Mo. ■ Proof of receipt of security deposit for new lease required. The one print out does not show who it is going to or who it is going to. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 11 | XXXX | Credit | Credit report incomplete | Credit Report is partially provided. Per the guidelines a tri-merged credit report is required. The file contains 3 different reports. <br>|  | Credit reporting company was unable to provide reports in single page. All hard pull from all XXXX bureaus provided and pulled on same day, which was sufficient for our team. Please advise if a formal exception is needed. - XXXX | A Tri-Merge Report was not available. A hard pull from all 3 bureaus were provided and pulled on same day. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 11 | XXXX | Compliance | Prepayment Penalty Information Missing | Prepayment Penalty information is missing. One file document notes a prepayment step down, however no documentation to support this was found in the file. Please clarify and document. <br>|  | Document Uploaded. Signed note mod attached. - XXXX | Modified Note and DOT to include the Pre-payment penalty was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 8 of 11 | XXXX | Compliance | The Note is Incomplete | The Note is incomplete. It appears page 1 of the Note was cut off, please provide the complete Promissory Note to validate. <br>|  | Document Uploaded. Rescanned closings docs and note amendment added - XXXX | Modification was provided to the Note and DOT to include the Prepayment Penalty. Condition resolved. - XXXX<br> The Note is Present - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 9 of 11 | XXXX | Credit | Income - Comparable Rent Schedule Form 1007 Missing | The loan file did not contain the comparable rent schedule form 1007 as required. The lease in the file supports rental amount of $XXXX, however this amount does not result in the 1.32 DSCR as shown on the tape data. The file does not contain the 1007. <br>|  | Document Uploaded. Please see the attached appraisal with full 1007 - XXXX | 1007 provided, showing the subject property is vacant. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 10 of 11 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119689 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 11 of 11 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Guidelines State: 5% reduction to Max LTV for Refinances where property is vacant at the time of<br> origination. Appraisal and 1007 in file show subject is vacant. Max LTV is 70%. Provide approved exception. Condition on hold pending documentation of rental income. <br>|  | Document Uploaded. Please see the attached bank statement and OA for security deposit. - XXXX<br> Document Uploaded. Proof of rent security deposit attached. Property should reflect as occupied under a new lease. - XXXX | Loan closed XXXX. Lease is signed and dated on XXXX with a start date of XXXX. - XXXX<br> Audited LTV of 75% is less than or equal to Guideline LTV of 75% - XXXX<br> Condition upheld. Per guidelines: Lower of in-place rent and market rent from valuation report. Since in place rent is being used, Provide: ■ In-place rent requires proof of rent collection for T2 Mo. ■ Proof of receipt of security deposit for new lease required. The one print out does not show who it is going to or who it is going to. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Subject is located in a rural neighborhood. Guidelines cite the maximum LTV for a refinance transaction is 65%. Subject is 75%. Please provide a formal exception form. <br>|  | Document Uploaded. Please see the attached corrected appraisal, marked as rural in error. - XXXX | Corrected Appraisal provided. - XXXX<br> Primary Value Valuation Neighborhood Location Allowed for Program - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119711 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Corporation/LLC: Operating Agreement Doc is Incomplete | The Corporation/LLC: Operating Agreement in file is incomplete. Unable to locate the Limited Liability Company Agreement of XXXX, XXXX dated XXXX. Please provide the agreement. <br>|  | Document Uploaded. OA attached. - XXXX | LLC Agreement provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119730 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119731 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  | Document Uploaded. Please see the attached assignment of leases. - XXXX | Received assignment of leases - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119732 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Borrower Identity | The loan file reflected potential identity issues. Patriot Act Notice in file does not list borrowers ID expiration dates. Please provide either a copy of borrowers drivers license used or updated disclosure with expiration date. <br>|  | Document Uploaded. Borrower ID attached. - XXXX | Real ID provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119733 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 5 | XXXX | Credit | Borrower 1 CPA Letter Missing | Borrower 1 CPA letter missing from the file. CPA letter missing from file advising 60% expense ratio. CPA letter in file states 25% expense ratio. <br>|  | Our calculation already uses a conservative 60% expense ratio, which is higher than the standard 50% many lenders start with for business bank statement loans and reflects the actual cash flow in the statements. When the bank statement analysis shows higher expenses than a lower CPA tax-based ratio, it's acceptable (and more prudent) to rely on the statement analysis instead of defaulting to the CPA figure.<br> We have full documentation supporting the higher expense factor 12 months of business bank statements, explanation of the receivable sales activity, and the CPA letter already provided. - XXXX | CPA Letter provided. Condition resolved. - XXXX<br> Borrower 1 CPA letter provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 5 | XXXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. Per guidelines-VVOE (Verbal Verification of Employment)§ 20 Business days for Self-Employed borrowers<br> VOE or account manager cert is from XXXX, it is not within 20 business days of note date <br>|  | Document Uploaded. Date document was generated/pulled on XXXX. See top left corner of the document - XXXX | VVOE provided. Condition resolved. - XXXX<br> Borrower 1 3rd Party VOE prior to close was provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 5 | XXXX | Compliance | Form 4506-C is Unexecuted | Box needs to be checked Please check box A. return transcript and Signatory attest box as required if transcript was needing to be requested. <br>|  | Document Uploaded. This was qualified using business bank statements and a transcript wasn't used - XXXX | 4506 is in file, however the subject loan was qualified with Bank Statements and is not required per guidelines. - XXXX |  | XXXX | Void | 2 |  | 3 | 1 |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119770 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 5 of 5 | XXXX | Compliance | Missing Tangible Net Benefit Disclosure | Tangible Net Benefit Disclosure was not provided. <br>|  |  | it's not a flipping situation. Property purchased in XXXX. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119744 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | The Note is Incomplete | The Note is incomplete. Pages 2 and 4 of the Note are missing <br>|  | Document Uploaded. - XXXX | The Note is Present - XXXX<br> Received complete note - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119744 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119744 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119651 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119651 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. The LTV is 76.771%. The maximum allowed per guidelines for an Asset Utilization loan is 75%. Please provide a formal exception. <br>|  | Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX | Housing payment history is XXXX or better<br> Borrower has verified residual income (disposable income) of at least $XXXX per month | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119651 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 1 of 6 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. CU score is 1.1. Secondary valuation not required. - XXXX | CU found in file. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 2 of 6 | XXXX | Credit | Assets - Earnest Money Deposit | The earnest money deposit was not properly documented and/or sourced. <br>|  | Document Uploaded. EMD cleared XXXX @$XXXX & XXXX @ $XXXX - XXXX | Evidence of EMD was found in the loan file. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 3 of 6 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 4 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Per guidelines, the maximum allowable LTV for a primary purchase with a loan amount of $XXXX is 80%. No exception was found. <br>|  | Document Uploaded. - XXXX | Approved Exception provided for: 85% LTV vs 80% LTV limit for $XXXX - $XXXX loan amount per XXXX XXXX guidelines. - XXXX<br> Approved Exception provided for: 85% LTV vs 80% LTV limit for $XXXX - $XXXX loan amount per XXXX XXXX guidelines. - XXXX | XXXX months reserves, 32% DTI, $XXXX residual income | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 5 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Per guidelines, the maximum allowable LTV for a primary purchase with a loan amount of $XXXX is 80%. No exception was found. <br>|  | Document Uploaded. - XXXX | Approved Exception provided for: 85% LTV vs 80% LTV limit for $XXXX - $XXXX loan amount per XXXX XXXX guidelines. - XXXX | XXXX months reserves, 32% DTI, $XXXX residual income | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119765 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | 6 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per guidelines, the maximum allowable LTV for a primary purchase with a loan amount of $XXXX is 80%. No exception was found. <br>|  | Document Uploaded. - XXXX | Approved Exception provided for: 85% LTV vs 80% LTV limit for $XXXX - $XXXX loan amount per XXXX XXXX guidelines.<br> - XXXX | XXXX months reserves, 32% DTI, $XXXX residual income | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119694 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119694 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119694 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Subject property Short Term Rental Income does not meet qualification | Short term rental income is not properly documented and/or does not meet guidelines. Missing the Air DNA information supporting a total amount of $XXXX that was used to calculate rental income. <br>|  | Document Uploaded. - XXXX | Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 6 | XXXX | Compliance | TRID: Missing Final Closing Disclosure | The loan file does not contain the Final Closing Disclosure. Executed Final CD from closing on XXXX is missing; please provide for compliance testing <br>|  | Document Uploaded. - XXXX | Received FCD - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Maximum LTV/CLTV for a refinance cash out transaction with XXXX credit score, Alternative document income is 70% LTV/CLTV when the loan was approved with 74.074% LTV/CLTV. No approved exception with compensating factors was provided to address the issue. <br>|  | Document Uploaded. uploaded exception should satisfy - XXXX | Exception approval provided. Condition waived. - XXXX<br> Condition upheld. Exception approval provided is not for Audited LTV exceeds guideline LTV. - XXXX | DTI 12%, LTV <75, Reserves = XXXX months | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 6 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. The XXXX verification of mortgage provided did not include a 12 month housing history. Guidelines require a 12 month housing history. <br>|  | Document Uploaded. exception - XXXX | Exception approval provided. Condition waived. - XXXX | DTI 12%, LTV <75, Reserves = XXXX months | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 6 | XXXX | Credit | Credit Profile - Insufficient Tradelines | The documented tradelines do not meet the minimum tradelines required per guidelines. Guidelines require each borrower to have a minimum of two trade lines within the last 24 months that show a 12 months history, and the accounts can be opened or closed. There are three accounts that reported within the previous 24 months, one of which was an authorized user account which is not considered an acceptable trade line per guidelines (XXXX Card), and the other two accounts (XXXX and XXXX) had less than 12 months history. Guidelines do allow current housing not on the credit report to be considered an open trade if supported by bank records. However, bank statements in file do not reflect XXXX mortgage primary housing payments made. <br>|  | Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX | DTI 12%, LTV <75, Reserves = XXXX months | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119768 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 6 | XXXX | Credit | Program Parameters - Product Type | The subject loan does not meet program parameters for product type. Loan was approved as a XXXX-year fixed rate loan, when guidelines allow XXXX-year fixed rate interest-only product. No approved exception with compensating factors provided to address the matter. <br>|  | loan closed as XXXX - used XXXX overlays - XXXX allows for XXXXyr or XXXXyr I/o - lnvestor overlays allows - XXXX | Loan closed as XXXX - used XXXX overlays - XXXX allows for XXXX or XXXX I/o - investor overlays allows. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119657 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119657 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119657 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | TRID: Missing Final Closing Disclosure | The loan file does not contain the Final Closing Disclosure. XXXX Statement has been provided pg XXXX but we are missing the final CD. <br>|  | Document Uploaded. - XXXX | TRID: Final Closing Disclosure Provided - XXXX<br> Received final CD - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing borrower current housing verification. <br>|  | Document Uploaded. exception attached for brwr considered first time home buyer - - XXXX | Exception approval provided. Condition waived. - XXXX | Monthly reserves is verified AND at least 4 months more than guideline minimum..<br> RESERVES >1<br> DSCR>1 | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | The Deed of Trust is Incomplete | The Deed of Trust is incomplete. Missing the complete Deed of Trust, only pages XXXX, XXXX, and XXXX of a XXXX page document was provided for the subject loan. <br>|  | Document Uploaded. - XXXX | The Deed of Trust is present and complete - XXXX<br> Received complete DOT - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Field Review Supports Value within 10% | A Retro-Field Review was performed. The original appraised value is supported with a variance within 10%. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119747 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119747 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119747 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Trust/POA Does Not Meet Guideline Requirements | Trust/POA does not meet guideline requirements. Power of Attorney executed documents are not permitted for business entities - A formal exception request is in the file; however, no approval for this request was provided. <br>|  | Compensating factors used were XXXX FICO and LTV 5% below program maximum, Housing payment history is XXXX months or better. - XXXX<br>Document Uploaded. - XXXX | Document Uploaded. Exception provided for: 1) POA used Guarantor when closing in entity Borrower. Guidelines do not allow for POA on Entities: 2) Tradeline requirements - Guidelines require at least 2 tradelines within 24 months that show activity within the most recent 12 or a mortgage rating for at least 12+ months within the last 24 + 1 additional open tradeline. Borrower only has a mortgage tradeline (open for 4+ years) and no other tradelines on CR except Authorized Users.<br> - XXXX | Compensating factors used were XXXX FICO and LTV 5% below program maximum, Housing payment history is XXXX months or better. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119747 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Credit Profile - Insufficient Tradelines | The documented tradelines do not meet the minimum tradelines required per guidelines. Guidelines require a minimum of two trade lines within the last 24 months that show a twelve month history, opened or closed, when borrower has one trade line reported with a twelve month history. A formal exception request is in file; however, the approval of this exception request was not provided. <br>|  |  | Document Uploaded. Document Uploaded. Exception provided for: 1) POA used Guarantor when closing in entity Borrower. Guidelines do not allow for POA on Entities: 2) Tradeline requirements - Guidelines require at least 2 tradelines within 24 months that show activity within the most recent 12 or a mortgage rating for at least 12+ months within the last 24 + 1 additional open tradeline. Borrower only has a mortgage tradeline (open for 4+ years) and no other tradelines on CR except Authorized Users. - XXXX | Compensating factors used were FICO higher than XXXX, AND at least XXXX points higher than guideline minimum, Other, Housing payment history is XXXX or better | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119648 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. The Personal Loan Guaranty is missing <br>|  | loan closed under individual. The Note collateral is the guaranty. - XXXX | The Personal Loan Guaranty is not missing. - XXXX<br> Not required. Borrower is an Individual, and signed Note as such. - XXXX<br> The Personal Loan Guaranty is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119648 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Asset 3 Expired | Asset expired. Provide bank statement dated within 60 days of the Note date. <br>|  | VOD states account open date. It's right below the account title section. Average balance not needed on VOD if actual balance is provided. - XXXX<br> Document Uploaded. See attached provided. - XXXX<br> which bank statement are you referring to? - XXXX | VOD provided. Condition resolved. - XXXX<br> Asset 3 Not Expired Or Not Applicable - XXXX<br> Condition upheld. Guidelines stated one month Statement or a VOD. The letter of reference does not provide, date opened, average balance, etc. - XXXX<br> XXXX #XXXX - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119648 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | Loan Originator NMLS Status is Unknown | Loan Originator NMLS status is unknown. Missing loan originator nmls. <br>|  | licensing not required to originate business purpose loans in XXXX - XXXX | Voided. Not required in XXXX. - XXXX |  | XXXX | Void | 3 |  | 4 | 1 |
| XXXX | XXXX | 4350119648 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119674 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119674 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119674 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. AVM did not support original valuation within -10%; but, subsequently supported by Desk Review. Downgraded to XXXX. <br>|  |  |  | Second valuation review product supported value; downgraded to XXXX. | XXXX | Acknowledged | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119672 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Income - Mismatch | Identifying information on the W2's or paystubs do not match information on the 1003. Origination income used to qualify was $XXXX. Income is documented from XXXX to XXXX. Total deposits are $XXXX during this period. Originator used 100% ownership percentage and a 50% expense ratio. Per CPA letter the borrower owns only 76% of the business. Audited income for 76% ownership and 50% expense ratio is $XXXX. <br>|  | Document Uploaded. Corrected income worksheet, 1003 and 1008 attached correcting income. Please review and clear condition. - XXXX | Corrected income worksheet, 1003 and 1008 provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119672 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119672 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 9 | XXXX | Compliance | The Note is Missing | The Note is missing. Provide a signed copy of the Note. <br>|  | Document Uploaded. attached signed closing package from closing. Please use this to satisfy the other missing document conditions as well. - XXXX | Note provided. Condition resolved - XXXX<br> The Note has been provided. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 9 | XXXX | Compliance | The Deed of Trust is Missing | The Deed of Trust is missing. Provide a signed copy of the Deed. <br>|  |  | DOT provided. Condition resolved. - XXXX<br> The Deed of Trust has been provided. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 9 | XXXX | Compliance | Missing Initial Escrow Disclosure | Initial Escrow Account Disclosure is missing. <br>|  |  | Disclosure provided. Condition resolved. - XXXX |  | XXXX | Resolved | 2 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 9 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. Provide signed final 1003. <br>|  |  | Final 1003 provided. Condition resolved. - XXXX<br> The final 1003 has been provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 9 | XXXX | Compliance | 1-4 Family Rider is Missing | The file is missing the 1-4 Family Rider. <br>|  |  | The 1-4 Family Rider is Present - XXXX<br> Rider provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 9 | XXXX | Credit | Hazard Insurance Effective Date is after the Disbursement Date | Hazard insurance effective date is after the disbursement date. Provide evidence of hazard insurance prior to disbursement. <br>|  | Document Uploaded. attached insurance - XXXX | HOI provided. Condition resolved. - XXXX<br> Hazard Insurance Effective Date of XXXX is prior to or equal to the Disbursement Date of XXXX Or the Date(s) Are Not Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 9 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 8 of 9 | XXXX | Credit | Cash reserves less than required by guidelines | Total Cash reserves of '$XXXX' are less than $0. Guidelines require 3 months reserves. Provide evidence of additional assets. <br>|  | Chase assets state $XXXX. Minus 3 months reserves brings max cash to close to $XXXX. Borrower's cash to close is under that. - XXXX | Final CD provided. Condition resolved. - XXXX<br> Total Cash reserves are greater than $0. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119649 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 9 of 9 | XXXX | Credit | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Audited reserves months are less than the guideline required reserve months. <br>|  |  | Condition resolved. - XXXX<br> Audited Reserves of XXXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - XXXX<br> Audited Reserves of month(s) are greater than or equal to Guideline Required Reserves of month(s) - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119645 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Property Issue - Ineligible Property | The subject is an ineligible property and not allowed per guidelines. Property is a XXXX and per guidelines XXXX's are ineligible property types. No exception was found in file to support this. <br>|  | Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX | Qualifying DSCR ≥ 1.1x and 0.1x ≥ minimum<br> Prepayment Penalty ≥ 3 years | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119645 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. <br>|  | this is a co-op file. no property taxes for 1003. - XXXX | Taxes are included in monthly maintenance bill by co-op. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119645 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | HO-6 Insurance Policy is Missing | HO-6 insurance policy is missing. Policy in file is for the building as a whole. Please provide borrowers individual hazard policy for the unit being purchased. <br>|  | Document Uploaded. attached - XXXX<br> this is a co-op file. no insurance for 1003. - XXXX | HOI Policy provided. Condition resolved. - XXXX<br> HO-6 Insurance Policy was provided. - XXXX<br> Condition upheld. Provide individual hazard walls in policy. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119645 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119645 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | HO6 Insurance Policy Effective Date is after the Note Date | HO-6 insurance policy effective date is after the Note date. <br>|  | Document Uploaded. attached exception. - XXXX | Approved Exception provided for: XXXX XXXX insurance, Master Insurance sufficient coverage - XXXX | Qualifying DSCR ≥ 1.1x and 0.1x ≥ minimum<br> Prepayment Penalty ≥ 3 years | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119673 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. <br>|  | Document Uploaded. - XXXX | Final Settlement Statement provided. Condition resolved. - XXXX<br> Final HUD-1 Document is not missing or estimated only. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Loan purpose is purchase and valuation type of purchase contract has not been selected. Purchase agreement for the subject property was not provided. <br>|  | The escrow instructions are the purchase contract. This is a FSBO. Please clear condition with Sale Escrow instructions. - XXXX<br> Document Uploaded. - XXXX | SALE ESCROW INSTRUCTIONS were provided. Transaction is a FSBO. Condition resolved. - XXXX<br> Purchase Contract Doc is not Missing, or is Not Applicable. - XXXX<br> Condition upheld. Escrow Instructions were provided. File is missing the Purchase Contract. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119673 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119739 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119739 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119739 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119650 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119650 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119650 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119749 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Extra replacement coverage does not support loan amount Coverage Amount - Hazard insurance amount is less than required coverage amount. <br>|  | Document Uploaded. Attached has RCE of 100% replacement cost coverage included into the policy. This should suffice. - XXXX | HOI Policy has 100% replacement cost coverage. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119749 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Hazard Insurance Coverage is less than all Subject Lien(s) | Hazard Insurance Coverage Amount of $XXXX is less than Total Amount of Subject Lien(s) of $XXXX  |  | Document Uploaded. Attached has RCE of 100% replacement cost coverage included into the policy. This should suffice. - XXXX | HOI Policy has 100% replacement cost coverage. - XXXX<br> Hazard Insurance Coverage Amount of $XXXX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed Replacement Coverage is present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119749 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119749 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119668 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119668 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119668 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Please provide a valid 3rd party valuation review product. Desk review report returned no value and AVM value is $XXXX which is 23.79% below primary value of $XXXX. <br>|  | Document Uploaded. attached field review. - XXXX<br> Document Uploaded. attached uw statement. - XXXX<br> CDA came back indeterminate. Per our UW, if indeterminate, it does not go to next waterfall of field review or 2nd appraisal. - XXXX | Field Review supporting value provided. Condition resolved - XXXX<br> Condition upheld. The CDA came indeterminate, we will need a field review or another full appraisal to support the original value within -10%. - XXXX<br> Condition upheld. Please provide a valid 3rd party valuation review product. Desk review report returned no value and AVM value is $XXXX which is 23.79% below primary value of $XXXX. - XXXX | Second valuation review product supported value, downgraded to B. | XXXX | Acknowledged | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119647 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119647 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119647 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119681 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Guidelines require an exception for first time home buyers. Exception approved page XXXX with compensating factors. <br>|  |  |  | High FICO over program requirements | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119681 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119681 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119715 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119715 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119715 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119686 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119686 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Business Purpose - Loan Guaranty/Missing | The Personal Loan Guaranty is missing. <br>|  | This closed with vesting as an individual. The Note is the guaranty for the borrower. - XXXX | Borrower is an Individual. Condition voided. - XXXX |  | XXXX | Void | 4 |  | 4 | 2 |
| XXXX | XXXX | 4350119686 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Calculated DSCR does not meet the Minimum DSCR allowed | The Calculated DSCR of 'XXXX' is less than the minimum required DSCR of'1'. The DSCR is XXXX. Guidelines require a minimum DSCR of 1.00 for a c/o refinance with a credit score of XXXX at 65% LTV. An exception is noted in the loan approval; however, the compensating factors supporting this exception are not documented.<br>Please provide an updated loan approval reflecting the exception along with the applicable compensating factors. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | Exception approval provided - XXXX<br> Condition upheld. Exception does not list 3 comp factors as required by investor. Please provide. - XXXX<br> Condition upheld. Exception does not list 3 comp factors as required by investor. Please provide. - XXXX | 3 months reserves greater than program requirements; XXXX months documented. | XXXX | Waived | 3 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119686 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119669 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Loan Purpose is Purchase but Purchase Contract Doc is Missing | Loan purpose is purchase and valuation type of purchase contract has not been selected. Loan Purpose is Purchase but Purchase Contract Doc is Missing <br>|  | Document Uploaded. - XXXX | Contract provided. Condition resolved. - XXXX<br> Purchase Contract Doc is not Missing, or is Not Applicable. - XXXX | Loan Purpose is Purchase but Purchase Contract Doc is Missing | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119669 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. There is a discrepancy in the Current evidence of school property tax is received iao XXXX a month vs what the UW has iao XXXX. Please provide evidence of the correct school taxes <br>|  | Value without XXXX savings was used to calculate school tax. - XXXX | HUD in file shows $XXXX and DSCR meets guidelines. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119669 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119700 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Coverage Amount - Hazard insurance amount is less than required coverage amount. Unable to locate sufficient coverage between XXXX - XXXX. Please provide evidence of sufficient coverage for this time period. <br>|  | Document Uploaded. Please see attached to show coverage to current date on new policy - XXXX <br> Document Uploaded. - XXXX | HOI policy provided. Condition resolved. - XXXX<br> Coverage Amount - Hazard Insurance of $XXXX is equal to or greater than Required Coverage Amount of $XXXX - XXXX<br> Condition upheld. Policy in file and the one provided has an effective date of XXXX. The Note date is XXXX. Provide the policy that was in effect at that time. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119700 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119700 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | Federal - Loan Estimate Received At Least Four Business Days Before Consummation | A revised Loan Estimate was provided on (XXXX) via (XXXX). Under Regulation Z, a consumer must receive a revised Loan Estimate not later than four business days prior to consummation date of (XXXX). Since the revised Loan Estimate was not provided in person, a consumer is considered to have received it on (XXXX), which is three business days after it was delivered or placed in the mail. As a result, the revised Loan Estimate is not deemed to have been received at least four business days before consummation, which is (XXXX). (12 CFR 1026.19(e)(4)(ii)) A revised Loan Estimate was provided on (XXXX) via (XXXX). Under Regulation Z, a consumer must receive a revised Loan Estimate not later than four business days prior to consummation date of (XXXX). <br>|  | Document Uploaded. Per our Closing: Borrower viewed it on the XXXX and again on the XXXX. They do not have to sign. Docs are dated XXXX we are compliant. - XXXX | Received evidence of electronic delivery - XXXX<br> Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119701 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Provide Debt Monitoring Report <br>|  | Document Uploaded. - XXXX<br> FundLoans does not require UDM findings. Please clear condition. - XXXX | GAP CR provided. Condition resolved. - XXXX<br> Condition upheld. Per Guidelines - Montage Full Doc: Gap Report - A credit refresh/gap report must be provided within a 10-day window of note <br> date (not required on DSCR doc type) - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119701 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. Upload Final CD with all pages <br>|  | Document Uploaded. - XXXX | Final settlement statement provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119701 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Title Document Missing | Title document is missing. Missing all page to title including Covered amount <br>|  | Document Uploaded. - XXXX | Title report docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119701 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - XXXX | 3rd party valuation provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119701 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119702 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119702 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119702 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119706 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. File does not contoan proof of mortgage payments for XXXX #XXXX, XXXX #XXXX, and XXXX #XXXX. <br>|  | For DSCR loans, mortgage ratings are only required for the subject property and the primary residence. Mortgage ratings for all other properties are not required.<br> - XXXX | VOM's for primary and subject are in file. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119706 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119706 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119755 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119755 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119755 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 6 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per the guidelines, at least one year of investor experience is required. The borrower does not meet this criterion. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor—a High FICO score significantly above the program's requirement. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. <br>|  | Document Uploaded. attached with 2 comps - XXXX | Waiver provided - XXXX<br> Condition upheld. Please provide exception to include a minimum of three compensating factors as required by Investor. <br> - XXXX | High FICO; 3+ months greater than guidelines require | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 6 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Per guidelines max LTV for first time homebuyers is 70% for .75 DSCR. Approved exception in file page 207 allows for 80% max LTV/CLTV with compensating factors. <br>|  |  |  | High FICO over program requires | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 6 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Per guidelines max HCLTV for first time homebuyers is 70% for .75 DSCR. Approved exception in file page 207 allows for 80% max LTV/CLTV/HCLTV with compensating factors. <br>|  |  |  | High FICO over program requires | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 6 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Per guidelines max LTV for first time homebuyers is 70% for .75 DSCR. Approved exception in file page 207 allows for 80% max LTV/CLTV with compensating factors. <br>|  |  |  | High FICO over program requires | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 6 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119699 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 6 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119687 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Exception for FTHB page XXXX. <br>|  |  |  | Compensating factors include High FICO over program requires and High DSCR | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119687 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119687 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119687 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Purchase Contract - Addendum Missing | The Purchase Contract Addendum is missing. Addendum showing Sale price changed from $XXXX to $XXXX<br>|  | on the original contract, they revised it and initialed next to it. - XXXX | Condition set in error. Initialed changes on Contract was in file. - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119665 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Guidelines require an exception for LTV of 75% for first time homebuyers. Exception approved with compensating factors.<br>|  |  |  | Compensating factors include High FICO over program requirement and DSCR of 1.03%. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119665 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119665 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119697 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119697 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119697 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119703 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119703 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119703 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119704 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119704 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119704 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per the guidelines, at least one year of investor experience is required. The borrower does not meet this criterion. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor—a High FICO score significantly above the program's requirement. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. <br>|  | Document Uploaded. attached with 2 comps - XXXX | waiver provided - XXXX<br> Waiver provided - XXXX<br> Condition upheld. Please provide exception to include a minimum of three compensating factors as required by Investor. - XXXX | High FICO; XXXX month credit history without any lates | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119662 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Credit | Assets - LOE Missing | The loan file does not contain all required asset documentation. The required letter of explanation was not provided in the loan file. Unable to locate LOE for large deposits noted on bank statements used for income account XXXX - $XXXX on XXXX and $XXXX on XXXX Based on the GL's these deposits exceed 50% of the monthly income for the borrower, a letter of explanation is required and must be consistent with the business profile. XXXX <br>|  | Document Uploaded. attached. - XXXX | LOE provided. Large deposits were business related deposits for work performed. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119662 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119662 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | TRID: Missing Loan Estimate | Loan Estimate was not provided. <br>|  | Document Uploaded. - XXXX | Received initial LE - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119662 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | TRID: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. <br>|  | Document Uploaded. - XXXX | Received CD's - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119725 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Missing 1008. <br>|  | Document Uploaded. - XXXX | UW Summary and Loan Approval were located in the file. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119725 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119725 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119692 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. final 1008 not in file <br>|  | Document Uploaded. - XXXX | UW Summary and Loan Approval are located in the file. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Void | 3 |  | 4 | 1 |
| XXXX | XXXX | 4350119692 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX | - XXXX<br> Appraisal and Transfer Letter were provided. Condition resolved. - XXXX<br> Appraisal is Present or is Waived - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119692 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 7 | XXXX | Credit | Builder is in control of HOA | Builder is in control of HOA. Per condo questionnaire Developer is in control of HOA until XXXX. <br>|  |  |  |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 7 | XXXX | Credit | Audited CLTV Exceeds Guideline CLTV | Audited CLTV exceeds guideline CLTV. Minimum CLTV for cash out per guidelines is 60%. No exception found in file to support CLTV of 63.69% <br>|  | Document Uploaded. Max LTV is 70% for cash out refi DSCR .801 (after 5% LTV reduction for non warrantable condo should be max LTV of 65%) our LTV is lower than this. - XXXX | Lender uses Closing Date to determine Guidelines. Guidelines dated XXXX were used. - XXXX<br> Audited CLTV of 63.7% is less than or equal to Guideline CLTV of 70% - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 7 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Minimum FICO required is 680 per guidelines. Exception in file for FICO score of XXXX. <br>|  |  |  | XXXX months reserves + XXXX years PPP | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 7 | XXXX | Credit | Audited HCLTV Exceeds Guideline HCLTV | Audited HLTV exceeds guideline HCLTV. Minimum HLTV for cash out per guidelines is 60%. No exception found in file to support HLTV of 63.69% <br>|  | Document Uploaded. Max LTV is 70% for cash out refi DSCR .801 (after 5% LTV reduction for non warrantable condo should be max LTV of 65%) our LTV is lower than this. - XXXX | Lender uses Closing Date to determine Guidelines. Guidelines dated XXXX were used. - XXXX<br> Audited HLTV of 63.7% is less than or equal to Guideline HCLTV of 70% - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 7 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Minimum LTV for cash out per guidelines is 60%. No exception found in file to support LTV of 63.69% <br>|  | Document Uploaded. Max LTV is 70% for cash out refi DSCR .801 (after 5% LTV reduction for non warrantable condo should be max LTV of 65%) our LTV is lower than this. - XXXX | Lender uses Closing Date to determine Guidelines. Guidelines dated XXXX were used. - XXXX<br> Audited LTV of 63.7% is less than or equal to Guideline LTV of 70% - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 6 of 7 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119750 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 7 of 7 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119707 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing Upload Debt Monitoring Report <br>|  | This is a DSCR loan. Not required. - XXXX | Not required on DSCR. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Void | 4 |  | 4 | 1 |
| XXXX | XXXX | 4350119707 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Cash Deposit | Loan purpose is purchase, confirm if cash deposit has cleared account. Provide Proof of Ernest Deposit . <br>|  | Document Uploaded. see image that was on statement. - XXXX | EMD Deposit verification was provided. Condition resolved. - XXXX<br> Cash deposit has been verified - XXXX |  | XXXX | Resolved | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119707 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119682 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Exception in file page XXXX. Compensating factors: High FICO over program requires an High DSCR <br>|  |  |  | Per program guidelines, a minimum of one year of investor experience is required. The borrower does not have any prior experience. However, an exception is documented on page XXXX of the file, supported by two compensating factors: a High FICO score above the program requirement and a High (DSCR). | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119682 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119682 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119708 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Max LTV for DSCR is 65%. Loan exception in file allowing 75% LTV.. <br>|  |  |  | Compensating factors of High FICO over program requirement, DSCR of 96% and primary residence owned for >5 years. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119708 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119708 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119751 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119751 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119751 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119726 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Settlement statement reflects a fee for a CDA. Please provide the CDA report. <br>|  | Document Uploaded. attached cda - XXXX | CDA supporting value was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119726 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. Per the guidelines, at least one year of investor experience is required. The borrower does not meet this criterion. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor: a High FICO score significantly above the program's requirement. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. <br>|  | Document Uploaded. Attached exception with 2 comps - XXXX | Exception provided for: Borrower being a FTHB. - XXXX | Fico of XXXX, PPP of 3 years. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119726 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Borrower - Residency Alien Documentation | The borrower indicates Resident Alien status, however, the file contains no evidence documenting status as legally. EAD Card A05 type ineligible. Exception in file page XXXX <br>|  |  |  | High FICO over program reuires | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119726 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119727 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Loan file includes an approved exception: FICO below guideline minimum of XXXX - borrower FICO is XXXX not XXXX, Credit Scores: XXXX, XXXX, XXXX. underwriter used matrix date XXXX but note is dated XXXX. Borrower needed a XXXX per matrix dated XXXX <br>|  | Document Uploaded. attached. - XXXX<br> Document Uploaded. - XXXX | Exception provided for: FICO below guideline minimum of XXXX - borrower FICO is XXXX - XXXX<br> Exception states FICO is XXXX; however FICO score is XXXX - missing corrected exception form - XXXX | LTV ≤ 70% and 5% less than maximum<br> Monthly reserves verified and 4 months ≥ minimum<br> Prepayment Penalty ≥ 3 years | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119727 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119727 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Field Review Supports Value within 10% | A Retro-Field Review was performed. The original appraised value is supported with a variance within 10%. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119759 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119759 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119759 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Seller credit over 3%, using purchase price for LTV. Exception in file with 2 compensating factors to support <br>|  |  |  | Qualifying DSCR greater than 1.1 and XXXX year prepay | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119728 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119728 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119728 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. First Time Home Buyer transaction - A formal exception is in file. <br>|  |  |  | DSCR exceeds minimum. XXXX years PPP. Additional reserves. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119693 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Eligibility - Investor Experience | The borrower(s) investor experience does not meet guideline requirements. An exception is documented on page XXXX for the borrower being a first-time homebuyer with only an unexpired passport under the foreign national program. One compensating factor for high DSCR is noted; however, two are required. Please provide an additional compensating factor. <br>|  | Document Uploaded. - XXXX<br> We don't require minimum of 2 compensating factors. - XXXX | Exception approval provided. Condition waived. - XXXX<br> Investor is requesting. Please provide. - XXXX<br> Investor is requesting. Please provide. - XXXX<br> Investor is requesting. Please provide. - XXXX | High DSCR is listed as a compensating factor.<br> XXXX yr PPP & DSCR is 1.102 > 1.1 | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119693 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119693 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119693 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | File does not contain all required Asset Statement(s) | Borrower resides in XXXX. XXXX XXXX statement provided (p. XXXX).<br>Per guidelines, foreign assets deposited into a U.S. institution within 30 days of application require evidence of transfer from the borrower's country of residence. Please provide proof of transfer or supporting foreign asset documentation.<br>|  | Borrower did not transfer money from a foreign institution. This does not apply here. - XXXX | No foreign assets. Condition voided - XXXX |  | XXXX | Void | 3 |  | 3 | 2 |
| XXXX | XXXX | 4350119723 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119723 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119723 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX | GAP CR provided. Condition resolved. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119724 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. The following properties were not addressed in the HOA letter from borrower. <br> XXXX<br> XXXX<br> XXXX<br>|  | Document Uploaded. Attached online resources and property profiles included with CLP do not indicate properties have HOAs and properties over XXXX years old. Please review/re-review and clear condition. - XXXX | Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119724 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119688 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | The Initial 1003 is Missing | The Initial 1003 is missing. <br>|  | Document Uploaded. - XXXX<br> Hi team,<br> This is a DSCR loan which is not abide by the TRID rule. Is the initial 1003 still needed? Thank you! - XXXX | Initial 1003 provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119688 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119688 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119716 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | Missing evidence Mortgage/Deed of Trust will be recorded | Missing evidence of Mortgage recording. <br>|  | Document Uploaded. - XXXX | Settlement statement reflects recording fee. LOE from lender that DOT has been sent to record - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119716 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Final Settlement Statement Missing. | The final Settlement Statement document is missing. <br>|  | Document Uploaded. - XXXX | Final HUD-1 Document provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119716 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119717 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). Title commitment provided did not specify Lender's coverage amount and no Title gap letter provided. <br>|  | Document Uploaded. - XXXX | Supplemental Report provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119717 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119717 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119745 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | No Property Findings | Loan meets applicable appraisal guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119745 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119745 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119729 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119729 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119729 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119752 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119752 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119752 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119753 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119753 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119753 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Per the guidelines, Rural area is not in the guidelines. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor—3 months reserves greater than program requirement. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. <br>|  |  |  | Per the guidelines, Rural area is not in the guidelines. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor—XXXX months reserves greater than program requirement. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119746 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. First Time Homebuyer requires exception. Approved exception in file with 2 compensating factors listed. <br>|  |  |  | FICO greater than XXXX AND XXXX points higher than minimum. XXXX Year Prepay | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119746 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119746 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119746 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119734 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Appraisal indicates property is located in a rural area. Guidelines require Rural properties approved on an exception basis only. Approved exception in file with required compensating factors. <br>|  |  |  | The exception was approved due to a high FICO 20+ point over program requirements and high DSCR. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119734 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119734 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119719 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Property | Condo - Warrantability | Condominium project is not warrantable, or documentation not provided to determine warrantability The condo has XXXX% commercial space. A formal exception is in the file. <br>|  |  |  | The exception was approved due to a high FICO over the program requirements and a low LTV at 50%. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119719 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119719 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119719 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Appraisal is Missing | The file is missing the appraisal. <br>|  | Document Uploaded. - XXXX | Appraisal and Transfer Letter were provided. Condition resolved. - XXXX<br> Appraisal is Present or is Waived - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 2 |
| XXXX | XXXX | 4350119719 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Property | Appraisal - Condominium/Commercial use exceeds 20% | The appraisal has indicated the subject was a condominium and the commercial use within the project exceeded 20%. This was unacceptable based on a review of the subject project and competing projects within the market. <br>|  |  | The appraisal has indicated the subject was a condominium and the commercial use within the project exceeded 20%. This was unacceptable based on a review of the subject project and competing projects within the market. Exception provided for: Condo has 47% Commercial Space - XXXX | The exception was approved due to a high FICO over the program requirements and a low LTV at 50%. | XXXX | Waived | 2 | 2 | 4 | 2 |
| XXXX | XXXX | 4350119760 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119760 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119760 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119742 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119742 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119742 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The guidelines allow a first time homebuyer on an exception basis. A formal exception is in the file, however it reflects only 1 compensating factor. Please provide additional satisfactory compensating factor. <br>|  | Document Uploaded. attached. - XXXX | Exception provided for: Borrower is First Time Home Buyer - XXXX | The exception was approved based on a FICO score more than XXXX point above the minimum, XXXX yrs PPP. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119754 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Approval/Underwriting Summary Not Provided | The loan did not contain the Approval/Underwriting Summary. Missing 1008 <br>|  | Document Uploaded. - XXXX | 1008 provided. Condition resolved. - XXXX<br> Approval/Underwriting Summary is fully present - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119754 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119754 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119756 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119756 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119756 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | DSCR does not meet Guidelines | The subject DSCR does not meet guideline requirements. Borrower is a first time homebuyer, exception in file, however 2 satisfactory compensating factors are required. A prepayment penalty is not a satisfactory compensating factor. Please provide an additional compensating factor. <br>|  | prepayment penalty is a compensating factor. - XXXX | Exception provided for: DSCR for FTHB. - XXXX | Prepayment penalty is equal or less than 3 years. FICO score is higher than XXXX and XXXX points higher than minimum | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119696 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119696 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119696 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119771 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119771 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119771 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  | The loan meets all applicable credit guidelines. - XXXX |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119664 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Audited loan amount is greater than the guideline Maximum loan amount. Max loan amount at 70% LTV for cash out on investment property is $XXXX. No exception is located in file. <br>|  | Document Uploaded. Please see attached - XXXX | Exception provided for: Exception to allow 70% LTV and loan amount of $XXXX for cash out refinance on bank statement program - XXXX | # of years in home<br> # of years on job<br> FICO XXXX<br> DTI 43.99%<br> $XXXXin reserves<br> Monthly discretionary income exceeds $XXXX | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119664 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119664 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119664 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Credit | Property Title Issue | Property title issue. Title shows vested to XXXX. Missing deed transferring ownership of subject to XXXX. as shown in Vesting on Deed of Trust executed at close. <br>|  | Document Uploaded. Please see transfer deed attached - XXXX<br> Document Uploaded. Please see attached - XXXX | Transfer Deed provided. - XXXX<br> Property Title Issue Resolved - XXXX<br> Condition upheld. The Entity Docs provided do not prove how XXXX is refinancing a property that XXXX owns. Provide the Transfer Deed showing Borrower and the LLC have the right to refinance the subject property. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119664 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Credit | Program Parameters - Borrower/Business Entity Ineligibility | Program Parameters - Borrower/Business Entity Ineligibility. Subject closed as vested to XXXX. Missing Articles of Organization verifying borrower has right to mortgage the subject property. Additional conditions may apply.  |  | Document Uploaded. Please see transfer deed attached - XXXX<br> Document Uploaded. Please see attached - XXXX | LLC and Entity docs provided. - XXXX<br> Condition upheld. The Entity Docs provided do not prove how XXXX is refinancing a property that XXXX owns. Provide the Transfer Deed showing Borrower and the LLC have the right to refinance the subject property. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119691 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119691 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119691 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Cash Out Does Not Meet Guideline Requirements | Cash out does not meet guideline requirements. Guideline maximum cash out in hand is $XXXX, when borrower received $XXXX cash out proceeds - A formal exception is in file. <br>|  | Compensating factors used were XXXX FICO, Low LTV (51.136%) , Low Debt Ratio (39.989%), XXXX+ months reserves, and High discretionary income. - XXXX<br>|  | Compensating factors used were XXXX FICO, Low LTV (51.136%) , Low Debt Ratio (39.989%), XXXX+ months reserves, and High discretionary income. - XXXX<br>| XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119666 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | Missing evidence Mortgage/Deed of Trust will be recorded | Missing evidence of Mortgage recording. No recording fee charged to a municipality per final Alta settlement statement. <br>|  | Document Uploaded. Please see attached - XXXX | Recorded Deed provided. Condition resolved. - XXXX<br> Evidence of Mortgage Recording is present or Mortgage has been sent for Recording - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119666 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | Liabilities - Not Verified | The application lists debts that were not verified on the credit report and not independently verified. Provide HOA bills for the following properties owned per loan application: XXXX, XXXX, and XXXX The borrower explanation letter do not include these properties as not located within a homeowner's association, and no other HOA documentation was located to address for these noted properties. <br>|  | Document Uploaded. Please see attached. these are also included in pages XXXX-XXXX of the original package - XXXX | REO Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119666 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119736 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Reserves - Insufficient for REO | The verified reserves are not sufficient to meet guideline requirements for REO properties. Total verified reserves are not sufficient to cover the total reserves required including REO properties per guidelines. Exception on file to use XXXX months reserves instead of XXXX like guidelines say <br>|  |  | Lender provided an approved Exception to allow 3 months reserves on DSCR loan. - XXXX | The lender has granted this exception based on the following compensating factors:12+months in reserves, number of years in home, Housing history XXXX for XXXX months. DSCR ratio of 0.797. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119736 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | Note Indicates Interest Only Terms but Loan not Approved as an Interest Only Program or Program does Not Allow for Interest Only Terms | Exception on file to use I/O payment to qualify on DSCR program. Page XXXX  |  |  | In accordance with the guidelines, the property is an I/O loan and therefore requires an exception. The lender has granted this exception. - XXXX | The lender has granted this exception based on the following compensating factors:12+months in reserves, number of years in home, Housing history XXXX for XXXX months. DSCR ratio of 0.797. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119736 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119736 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. Minimum DSCR score per guidelines is 0.80, when the originator calculated DSCR score is XXXX. No approved exception with documented compensating factors was provided to address the matter. <br>|  | Document Uploaded. Please see attached - XXXX | Exception was cited based on Exception in original file for I/O that stated DSCR was 0.80. Corrected Exception received shows DSCR ofXXXX which matches audit value. Finding is resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119757 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119757 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119757 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119738 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Lender top[rovide proof of HOI or HOA dues for XXXX. <br>|  | Document Uploaded. Please see attached - XXXX | Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119738 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Rental income used for subject is $XXXX. File does not contian lease for subject and 1007 income is $XXXX. Lender to provide proof of rental income. <br>|  | Document Uploaded. please see attached - XXXX | Leases provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119738 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Credit | Asset 2 Less Than 2 Months Verified | Asset has less than 2 months verified in file. Assets held with XXXX #XXXX are only documented for 30 days. These funds are being used for Asset Depletion so must be documented for 60 days. <br>|  | The borrower closed out IRA #XXXX in XXXX, transferred to open new acct XXXX #XXXX, so 2 months history was not available or required.<br> - XXXX | Borrower closed out IRA #XXXX in XXXX, transferred to open new acct XXXX XXXX #XXXX, so 2 months history was not available. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119738 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119738 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119638 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Compliance | Charges That Cannot Increase Test (50001251) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). No COC is in file to support the reason for increase of the loan points to $XXXX paid by the borrower on the executed Final CD <br>|  | Document Uploaded. Lock confirmation provided, showing change was due to 3 day lock extension as the lock was expired - XXXX | Received confirmation of rate lock extension - XXXX<br> - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119638 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Compliance | Insufficient Change of Circumstance (50001252) | The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). No COC is in file to support the reason for increase of the loan points to $XXXX paid by the borrower on the executed Final CD <br>|  | Lock confirmation provided - XXXX | - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119638 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Credit | Borrower 2 Paystubs Missing | Borrower 2 paystubs missing.. Borrower 2 paystubs missing. Missing the most recent YTD paystub covering at least 30 days of earnings for the Co-Borrower <br>|  | Document Uploaded. - XXXX | 2 months paystubs provided. Condition resolved. - XXXX<br> Borrower 2 Paystubs Provided or Not Applicable (Number of Borrowers equals 2) - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119638 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119642 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Compliance | The Deed of Trust is Incomplete | The Deed of Trust is incomplete. The final Deed of Trust missing notary signature and date. <br>|  | Document Uploaded. - XXXX | Received executed and Notarized XXXX All-Purpose Certificate of Acknowledgement specific to the Deed of Trust. Condition resolved. - XXXX<br> The Deed of Trust is present and complete - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119642 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing <br>|  | Document Uploaded. - XXXX | UDM provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not missing. - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119642 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Credit | Other Property Insurance Policy Expiration Date is before the Note Date | Property insurance policy expiration date is prior to the Note date. Please note that this insurance coverage is additional insurance for the property. Requesting for updated policy effective at time of Closing from XXXX. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. - XXXX | Updated policy provided. Condition resolved. - XXXX<br> Other Property Insurance Policy Expiration Date of XXXX is equal to or after the Note Date of XXXX or Other Property Insurance Coverage is Not Applicable - XXXX<br> Condition upheld. This condition is for the XXXX Fair Plan additional Insurance. - XXXX |  | XXXX | Resolved | 3 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119642 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119652 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 3 | XXXX | Compliance | TRID: Missing Initial Closing Disclosure | The loan file does not contain the initial Closing Disclosure. <br>|  | Document Uploaded. - XXXX | Received initial CD - XXXX |  | XXXX | Resolved | 4 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119652 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119652 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 4 | 1 |
| XXXX | XXXX | 4350119713 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119713 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119713 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119718 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119718 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119718 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119644 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119644 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 4 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119644 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 4 | XXXX | Compliance | Loan Originator NMLS is Not Valid | XXXX NMLS is listed incorrectly on the loan documents. It should be XXXX.  |  | Document Uploaded. - XXXX | Received all required re-disclosed disclosures with correct NMLS # - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119644 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 4 | XXXX | Compliance | Missing evidence of rate lock | Missing evidence of Rate Lock. <br>|  | Document Uploaded. - XXXX | Evidence of Rate Lock Provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119695 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119695 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119695 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119684 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | Assets - Authorization Access for Joint Account | The file does not contain authorization access for funds from joint account holder. Unable to locate supporting documentation authorization access for funds from joint account. <br>|  | Document Uploaded. Access letter is attached. - XXXX | Access Letter provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119684 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119684 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | Final CD: Prepayment Penalty is missing or inaccurate | Per final CD prepayment penalty amount $XXXX, which does not reconcile with PP rider calculating a prepayment penalty amount $XXXX.  |  | Received PCCD with correct numbers - XXXX <br> Document Uploaded. Attached is the updated PCCD. - XXXX | Received PCCD with correct numbers - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 14 | XXXX | Credit | Income - Rental Property | Rental income is not properly documented and/or supported. Originator used a loss of $XXXX. Rental income used was $XXXX and PITIA is $XXXX. With 25% vacancy factor as required by guidelines loss is -$XXXX. Actaul rent is $XXXX but this was not used. For property located at XXXX rent used was $XXXX and expenses are $XXXX. Loss used was -$XXXX but again with a 25% vacancy factor loss should be -$XXXX. It is not clear how origiantor determined rental income losses. <br>|  |  | Vacancy factor per guidelines is only 15%. Condition was set in error. - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 14 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. File did not contain proof of taxes for XXXX, #XXXX. <br>|  | Document Uploaded. - XXXX | Tax Cert for XXXX #XXXX was provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 14 | XXXX | Credit | Audited DTI Exceeds Guideline DTI | Audited DTI exceeds guideline DTI. Audit DTI is 51.32% and matches lender 1008. Under All Western guides max DTI is 50%. The 1008 also reflected a DTI of 51.319% and there is no exception in file. Please provide a loan exception. <br>|  |  | Audited DTI of 51.32% is less than or equal to Guideline DTI of 55% - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 14 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Collateral Desk Review Fee (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Collateral Desk Review Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  | These fees are allowed - Our system is not mapped correctly in admin setting for fees in XXXX state currently hence mavent is throwing fail. - XXXX | in error - XXXX |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 6 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Document Preparation Fee (Fee ID: 104) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Document Preparation Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 7 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Title Miscellaneous Fee (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Title Miscellaneous Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 8 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Hybrid E-Sign Fee (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Hybrid E-Sign Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 9 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Tidelands Search (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Tidelands Search (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 10 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Other Title Fees (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Other Title Fees (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 11 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- E-recording fee (Fee ID: 998) | XXXX of the New Jersey Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow E-Recording Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 12 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Closing Fee (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Closing Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 13 of 14 | XXXX | Compliance | XXXX Fee Not Allowed- Copy/Fax Fee (Fee ID: 998) | XXXX of the XXXX Mortgage Loans, Fees, Obligations Provisions (XXXX) does not allow Copy/Fax Fee (Fee ID: XXXX) to be charged to the Borrower in XXXX.  |  |  |  |  | XXXX | Void | 3 |  | 3 | 1 |
| XXXX | XXXX | 4350119637 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 14 of 14 | XXXX | Credit | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). <br>|  | Document Uploaded. - XXXX<br> Invalid: Loan Funded onXXXX. Closing was on XXXX' LQI is dated XXXX - XXXX | UDM Report provided. Condition resolved. - XXXX<br> Borrower 1 Gap Credit Report is not expired. - XXXX<br> Condition upheld. Credit Report dated XXXX. Note dated XXXX XXXX days. UDM Report is required. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119639 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119639 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | Missing Prepayment Rider | Per lock confirmation-Prepayment Penalty: 5 Year PPP - 5%. No rider or addendum in file.<br>|  | Document Uploaded. Please find the Prepayment Penalty Addendum. Thank you. - XXXX | Received copy of the prepayment addendum - XXXX<br> Condition upheld. Provide the Pre-payment addendum to the Note. Provide Evidence that the Pre-Payment Addendum to the Note and the DOT will be recorded. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119639 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. Missing FNMA CU score < 2.5. <br>|  | Document Uploaded. Hello per guidelines a secondary valuation is not required as the LCA/Cu scores are under 2.5. Please see attached and clear the condition. thank you. - XXXX | LCA Score is 2. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119640 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119640 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119640 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Compliance | Missing Attorney Preference Letter | Right To Choose Attorney or Attorney Preference not in file. <br>|  |  | Right To Choose Attorney or Attorney Preference Resolved or Not Applicable - XXXX<br> Received disclosure - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119641 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 5 | XXXX | Credit | Property Title Issue | Missing 24-month Chain Property title issue. Provide Final Title Policy or Evidence that all judgements on Title (items B #XXXX - #XXXX) were removed/paid and the Subject loan is in 1st lien position. Property title issue. <br>|  | Document Uploaded. Hello please find the email from the closing manager confirming the judgements will not attach to the title policy. The judgements do not belong to the borrower(s). Please clear. Thank you. - XXXX<br> Document Uploaded. - XXXX | Clarification from Closing Manager and Title provided stating judgements were removed. Condition resolved - XXXX<br> Property Title Issue Resolved - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119641 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 5 | XXXX | Credit | Missing Property Tax Cert | Missing tax cert Missing property tax cert. <br>|  | Document Uploaded. - XXXX | Tax Cert provided. - XXXX<br> property tax cert provided - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119641 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 5 | XXXX | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. <br>|  | Document Uploaded. - XXXX | Second Appraisal provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119641 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119641 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 5 of 5 | XXXX | Compliance | Missing US Patriot Act Disclosure or ID | Missing US Patriot Act Disclosure or Identification. <br>|  | Document Uploaded. Please see the USA Patriot Act Disclosures form for the borrrowers. Please clear. Thank you. - XXXX | Patriot Act provided. Condition resolved. - XXXX |  | XXXX | Resolved | 2 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119698 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | Program Parameters - LTV | The subject loan does not meet program parameters for LTV. The subject LTV does not meet guidelines. <br>|  | Document Uploaded. - XXXX<br> Document Uploaded. approved lock confirm with ltv tier 75-80 - XXXX | Document Uploaded. Exception for lease vs 1007 rents - XXXX<br> Received email; missing approval form reflecting what the exception was for and the comp factors - XXXX<br> Received lock; missing exception approval - XXXX | High FICO; verified assets XXXX months exceeds min 3 months required | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119646 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119646 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Property Issue - Listed for Sale Past 6 months | The subject property has been listed for sale in the past 6 months which is not allowed per guidelines. Program parameters - Approved Exception provided to allow property listed for sale in the last 6 months (Removed XXXX and using lowest value) Vs If the property has been listed for sale by the current owner in the previous 12 months, the LTV will be based on the lesser of the lowest list price or appraised value. <br>|  |  |  | Compensating factors include Credit score XXXX min XXXX, Exp Investor owns and manages 2 or more properties > 12 mos (including subject) XXXX. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119646 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119683 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119683 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 2 | 2 |
| XXXX | XXXX | 4350119683 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Refinance | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | 3 of 3 | XXXX | Credit | Housing History Does Not Meet Guideline Requirements | Housing history does not meet guideline requirements. Past due mortgage payments with current servicer - A formal exception is in file. <br>|  |  |  | Compensating factors used were 62% LTV, On time payments from inheriting in XXXX through XXXX, $XXXX residual income, 41% debt ratio, XXXX years business and XXXX years in industry. | XXXX | Waived | 2 | 2 | 2 | 2 |
| XXXX | XXXX | 4350119720 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 1 of 5 | XXXX | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. <br>|  | Document Uploaded. Please see the letter from the CPA confirming borrower is 100% owner of XXXX XXXX. Please clear. Thank you. - XXXX <br> Hello a 3rd party voe is not required for the 12 month business bank statement program. If the borrower was a wage earner, then it would be. However, the borrower is self-employed. It is not required. Please waive the condition. Thank you. - XXXX | CPA Letter provided. - XXXX<br> Missing evidence the borrower owns 25% or more of XXXX.. The XXXX search result does not provide ownership and Articles of Incorporation, CPA letter or other 3rd party verification was not provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119720 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 2 of 5 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119720 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 3 of 5 | XXXX | Credit | Employment - Insufficient Years Self-Employed | The loan file verified self-employment of less than 2 years at origination which does not meet guidelines. Borrower started XXXX current business in XXXX. Therefore, XXXX does not show the required 2-year history for this business. However, XXXX shows previous self-employment in the same industry. An approved exception was provided in the loan file. <br>|  |  |  | The borrower's FICO exceeds the minimum by over XXXX points, the transaction LTV at 65% is far below the maximum of 90%, the DTI is 36.904% with a maximum permitted of 50%, and he has been in his primary residence for XXXX years. | XXXX | Waived | 2 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119720 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 4 of 5 | XXXX | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119720 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | 5 of 5 | XXXX | Credit | Approval - Lender Income Calculation Missing | The loan file did not contain the lender income calculation worksheet as required. <br>|  | Document Uploaded. Please find the income worksheet. Income-12 month bank statement program. Thank you. - XXXX | Lender Income Worksheet provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119748 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119748 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119748 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Credit | Hazard Insurance - Other Insurance Missing | The policy verifying other property insurance is missing from the loan file. Please provide proof of HOI for all REO properties besides the subject. <br>|  | This is a DSCR loan, the only properties we need to verify for this program are the subject property and the borrowers primary residence. We do not need to obtain these documents. Please waive. - XXXX | DSCR loan. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119748 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Credit | Evidence of Property Tax Missing | Missing evidence of property tax. Please provide proof of Property taxes for all REO properties besides the subject. <br>|  | This is a DSCR loan, the only properties we need to verify for this program are the subject property and the borrowers primary residence. We do not need to obtain these documents. Please waive. - XXXX | DSCR loan. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119721 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Property Issue - Neighborhood Location | The subject appraisal verified a neighborhood location not allowed per guidelines. Per the guidelines, DSCR rural property is not eligible for Series 2. An exception is noted on page XXXX of the file; however, this exception is supported by only one compensating factor—LLPA = -.75. As the exception must be supported by at least two compensating factors, please provide an additional compensating factor. <br>|  | Document Uploaded. - XXXX | Exception approval provided. Condition waived. - XXXX | LTV less than 70%, and at least 5% less than guideline max.<br> Monthly reserves is verified and at least 4 months more than guideline minimum.<br> Qualifying DSCR higher than 1.1x, and at least 0.1x higher than guideline minimum. | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119721 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119721 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119722 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. File does not contain proof of HOA dues for XXXX. <br>|  | Document Uploaded. - XXXX | Docs provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119722 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. File does not contain VOR or cancelled checks as proof of rent payments at primary residence. <br>|  | Document Uploaded. - XXXX | VOR provided. Condition resolved. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119722 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119722 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119743 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119743 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119743 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119758 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | The Final 1003 is Missing | The final 1003 is missing. <br>|  | Document Uploaded. - XXXX | Final signed 1003 provided. - XXXX<br> The final 1003 has been provided. - XXXX |  | XXXX | Resolved | 3 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119758 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119758 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 1 |
| XXXX | XXXX | 4350119735 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119735 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119735 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119737 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 3 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119737 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 3 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119737 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 3 | XXXX | Credit | No Credit Findings | The loan meets all applicable credit guidelines. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 1 | 1 |
| XXXX | XXXX | 4350119761 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 1 of 4 | XXXX | Credit | Audited FICO is less than Guideline FICO | Audited FICO is less than guideline FICO. Loan is not eligible for guidelines for XXXX. Min FICO is 680, no exception on file. <br>|  | Document Uploaded. - XXXX | Exception approval for FICO below minimum provided - XXXX | XXXX months reserves; housing history XXXX months | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119761 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 2 of 4 | XXXX | Credit | Audited LTV Exceeds Guideline LTV | Audited LTV exceeds guideline LTV. Loan is not eligible for guidelines for XXXX. Min FICO is 680, no exception on file. Audited LTV/CLTV/HCLTV exceeds guidelines of 60% with the borrower credit score @ XXXX. XXXX <br>|  | Document Uploaded. - XXXX | Exception approval provided for LTV - XXXX | XXXX months + reserves; XXXX months | XXXX | Waived | 3 | 2 | 3 | 2 |
| XXXX | XXXX | 4350119761 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 3 of 4 | XXXX | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |
| XXXX | XXXX | 4350119761 |  | XXXX | XXXX | XXXX | XXXX | XXXX | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | 4 of 4 | XXXX | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. <br>|  |  |  |  | XXXX | Cleared | 1 | 1 | 3 | 2 |

---

## Exhibit 99.28

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.28**

![](maxwell-logo.jpg)

Client XXXX XXXX-XXXX <br> Transaction XXXX XXXX-XXXX <br> Date XXXX

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Deal ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Initial Loan Rating** | **Final Loan Rating** | **Initial Credit Rating** | **Final Credit Rating** | **Initial Compliance Rating** | **Final Compliance Rating** | **Initial Valuation Rating** | **Final Valuation Rating** |
| XXXX | XXXX | 4350119762 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119763 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 3 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119764 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119766 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119767 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119769 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119772 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119773 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119714 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119710 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119685 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119740 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119680 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119676 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119671 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119709 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119655 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119741 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119661 |  |  | XXXX | XXXX | 3 | 2 | 3 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119659 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119667 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119658 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119677 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119675 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119643 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119654 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119690 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119705 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119660 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119663 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119653 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119656 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 3 | 1 D A C |
| XXXX | XXXX | 4350119679 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119689 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119711 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119730 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119731 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119732 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119733 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119770 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119744 |  |  | XXXX | XXXX | 4 | 1 | 1 | 1 | 4 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119651 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119765 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | XXXX | 4350119694 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119678 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119768 |  |  | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B C A |
| XXXX | XXXX | 4350119657 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119670 |  |  | XXXX | XXXX | 4 | 2 | 3 | 2 | 4 | 1 | 1 | 1 D B C A |
| XXXX | XXXX | 4350119747 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119648 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119712 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119674 |  |  | XXXX | XXXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | XXXX | 4350119672 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119649 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119645 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119673 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 D A C |
| XXXX | XXXX | 4350119739 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119650 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119749 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119668 |  |  | XXXX | XXXX | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119647 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119681 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119715 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119686 |  |  | XXXX | XXXX | 4 | 2 | 4 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119669 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119700 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119701 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 3 | 1 D A C |
| XXXX | XXXX | 4350119702 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119706 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119755 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119699 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119687 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119665 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119697 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119703 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119704 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119662 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 4 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119725 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119692 |  |  | XXXX | XXXX | 4 | 1 | 3 | 1 | 1 | 1 | 4 | 1 A |
| XXXX | XXXX | 4350119750 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119707 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119682 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119708 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119751 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119726 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 3 | 1 C B A |
| XXXX | XXXX | 4350119727 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119759 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119728 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119693 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119723 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 1 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119724 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119688 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119716 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 D A C |
| XXXX | XXXX | 4350119717 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119745 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119729 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119752 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119753 |  |  | XXXX | XXXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | XXXX | 4350119746 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119734 |  |  | XXXX | XXXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | XXXX | 4350119719 |  |  | XXXX | XXXX | 4 | 2 | 1 | 1 | 1 | 1 | 4 | 2 D B A |
| XXXX | XXXX | 4350119760 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119742 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119754 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119756 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119696 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119771 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119664 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119691 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119666 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119736 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 2 | 2 | 1 | 1 C B A |
| XXXX | XXXX | 4350119757 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119738 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119638 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119642 |  |  | XXXX | XXXX | 4 | 1 | 4 | 1 | 4 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119652 |  |  | XXXX | XXXX | 4 | 1 | 1 | 1 | 4 | 1 | 1 | 1 D A |
| XXXX | XXXX | 4350119713 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119718 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119644 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119695 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119684 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119637 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119639 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 3 | 1 C A |
| XXXX | XXXX | 4350119640 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119641 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 2 | 1 | 3 | 1 C A B |
| XXXX | XXXX | 4350119698 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119646 |  |  | XXXX | XXXX | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 B A |
| XXXX | XXXX | 4350119683 |  |  | XXXX | XXXX | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 B A |
| XXXX | XXXX | 4350119720 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |
| XXXX | XXXX | 4350119748 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119721 |  |  | XXXX | XXXX | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 2 C B A |
| XXXX | XXXX | 4350119722 |  |  | XXXX | XXXX | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119743 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119758 |  |  | XXXX | XXXX | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 C A |
| XXXX | XXXX | 4350119735 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119737 |  |  | XXXX | XXXX | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 A |
| XXXX | XXXX | 4350119761 |  |  | XXXX | XXXX | 3 | 2 | 3 | 2 | 1 | 1 | 1 | 1 C B A |

---

## Exhibit 99.29

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.29**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Investor Loan ID** | **Deal ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | XXXX | XXXX |  | 4350119762 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119763 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | Eligible | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119764 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119766 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 66.26 | 66.26 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119767 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119769 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 57.31 | 57.31 | XXXX | XXXX | XXXX | 1073 Individual Condo Report |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119772 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119773 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.08 | 63.08 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119714 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119710 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119685 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 79.84 | 79.84 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119740 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119680 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119676 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119671 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119709 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119655 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 68.96 | 68.96 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119741 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 58.82 | 58.82 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119661 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 40.26 | 40.26 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119659 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 30 | 30 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119667 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119658 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 69.46 | 69.46 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119677 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119675 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 33.33 | 33.33 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119643 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119654 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 29.88 | 29.88 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119690 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 62.45 | 62.45 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119705 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119660 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119663 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119653 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119656 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119679 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.68 | 74.68 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119689 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119711 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119730 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119731 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 46.11 | 46.11 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119732 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119733 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.64 | 74.64 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119770 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 55.56 | 55.56 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119744 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119651 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 76.77 | 76.77 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119765 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119694 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119678 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119768 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.07 | 74.07 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119657 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 69.92 | 69.92 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119670 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119747 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119648 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119712 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60.98 | 60.98 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119674 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX |  |  | 4350119672 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 71.77 | 71.77 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119649 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119645 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 2090 Individual Coop Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119673 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119739 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119650 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119749 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119668 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 52.63 | 52.63 | XXXX | XXXX | XXXX | AVM | XXXX | XXXX | XXXX | 2000 One Unit Appraisal Field Review |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119647 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX |  |  | 4350119681 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 64.95 | 64.95 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119715 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119686 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119669 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 78.22 | 78.22 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119700 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119701 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 51.61 | 51.61 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119702 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 69.1 | 69.1 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119706 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119755 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 63.57 | 63.57 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX |  |  | 4350119699 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119687 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119665 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119697 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 68.86 | 68.86 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119703 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 53.57 | 53.57 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119704 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119662 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119725 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 64.22 | 64.22 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119692 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119750 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 63.7 | 63.7 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119707 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 55.22 | 55.22 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119682 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119708 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119751 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 57.97 | 57.97 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119726 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119727 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 63.89 | 63.89 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119759 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX |  |  | 4350119728 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119693 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119723 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 74.82 | 74.82 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119724 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 79.35 | 79.35 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119688 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119716 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 51.62 | 51.62 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119717 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 10.97 | 10.97 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119745 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | Eligible | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119729 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | AVM |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119752 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119753 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119746 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119734 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | Not Eligible | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119719 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 50 | 50 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119760 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119742 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 66.27 | 66.27 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119754 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119756 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119696 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 64.44 | 64.44 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119771 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65.4 | 65.4 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119664 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119691 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 51.14 | 51.14 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119666 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119736 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119757 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119738 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119638 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 52.59 | 52.59 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119642 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 48.02 | 48.02 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | Eligible | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119652 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 58.74 | 58.74 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119713 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119718 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119644 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65.06 | 65.06 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119695 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119684 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 78.88 | 78.88 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119637 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 57.69 | 57.69 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119639 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 66.25 | 66.25 | XXXX | XXXX | XXXX | Loan Collateral Advisor (LCA) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | Eligible |  |  |
| XXXX | XXXX | XXXX |  | 4350119640 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 40 | 40 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119641 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  | XXXX | 4350119698 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119646 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 67.4 | 67.4 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119720 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119748 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119721 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 47.92 | 47.92 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119722 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 64.19 | 64.19 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119743 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119758 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |
| XXXX | XXXX |  |  | 4350119735 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX |  |  | 4350119737 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | 57.56 | 57.56 | XXXX | XXXX | XXXX | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119761 | XXXX | XXXX |  | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | 73.08 | 73.08 | XXXX | XXXX | XXXX | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.30

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.30**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Mapped ID** | **Seller Loan ID** | **Investor Loan ID** | **Deal ID** | **Transaction ID** | **Field Name** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | XXXX | XXXX |  | 4350119762 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119763 | XXXX | Sales Price | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119763 | XXXX | Original Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119763 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119764 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119766 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119767 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119767 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119767 | XXXX | Originator DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119769 | XXXX | Property Address | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119769 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119772 | XXXX | Loan Type | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119772 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119772 | XXXX | Originator DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119710 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119710 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119710 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119710 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119685 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119685 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119740 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119740 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119680 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119676 | XXXX | Prepayment Penalty Calculation | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119676 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119709 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119709 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119709 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119709 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119655 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119655 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119655 | XXXX | Is the Condo Project warrantable | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119661 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119659 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119659 | XXXX | Is the Condo Project warrantable | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119667 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119667 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119658 | XXXX | Property City | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119658 | XXXX | Sales Price | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119677 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119675 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119643 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119654 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119654 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119654 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119690 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119690 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119690 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119663 | XXXX | B2 Verified Citizenship Designation | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119663 | XXXX | B1 Verified Citizenship Designation | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119653 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119679 | XXXX | Property Address | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119679 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119689 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119731 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119732 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119770 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119744 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119651 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119765 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119765 | XXXX | Underwriting Guideline Version Date | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119768 | XXXX | Qualifying CLTV | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119768 | XXXX | Qualifying LTV | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119747 | XXXX | Loan Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119648 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119648 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119648 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  | XXXX | 4350119712 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119674 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119674 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119674 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119649 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119649 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119673 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119739 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119739 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119650 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119650 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119749 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119686 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119706 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119697 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119697 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119704 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119662 | XXXX | Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119662 | XXXX | Borrower 1 Self-Employment Flag | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119662 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119750 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119750 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119682 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119726 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119726 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119727 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119727 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119728 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119723 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119723 | XXXX | Reviewed Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119717 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119717 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119729 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119729 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119752 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119752 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119752 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119753 | XXXX | Borrower 1 Citizen | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119753 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119734 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119719 | XXXX | Borrower 1 Qualifying Income | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119760 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119754 | XXXX | Reviewed Appraised Property Value | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119754 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119754 | XXXX | Underwriting Guideline Product Name | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119696 | XXXX | Note Date | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119664 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119664 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119691 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119666 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Maturity Date | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Amortization Term | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Term | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119736 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119757 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119757 | XXXX | Amount of Other Lien | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119757 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119757 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119738 | XXXX | Verified Doc Type | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119738 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119642 | XXXX | Borrower 1 Years in Current Home | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119652 | XXXX | Borrower 1 Years in Current Home | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119652 | XXXX | Borrower 1 Employer 1 Years in Line of Work | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119652 | XXXX | Number of Mortgaged Properties | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119718 | XXXX | Property Type | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119637 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119640 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119641 | XXXX | Loan Type | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119641 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119641 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | Qualifying CLTV | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | Qualifying LTV | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | Original Loan Amount | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119683 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119720 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119720 | XXXX | Qualifying FICO | XXXX | XXXX | XXXX |
| XXXX | XXXX | XXXX |  | 4350119720 | XXXX | Qualifying Total Reserves Number of Months | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119721 | XXXX | Qualifying CLTV | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119721 | XXXX | Qualifying LTV | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119721 | XXXX | Interest Rate | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119743 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119743 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119743 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119758 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119735 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119737 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119761 | XXXX | Final Reviewed QM Status | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119761 | XXXX | Calculated DSCR | XXXX | XXXX | XXXX |
| XXXX | XXXX |  |  | 4350119761 | XXXX | Qualifying Total Debt Income Ratio | XXXX | XXXX | XXXX |

---

## Exhibit 99.31

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.31**

![](ex9931001.jpg)

COLT 2026-3 Lone Star Residential Acquisitions, LLC. <br>

Opus Capital Markets Consultants, LLC

5718 Westheimer Road, Suite 1000 \| Houston, TX 77057 \| <u>www.opuscmc.com</u> \| 224.632.1300

Narrative – COLT 2026-3

**Executive Narrative**

**April 06, 2026**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

The report summarizes the results of a due diligence review performed on a pool of 30 loans, of which were purchased by Lone Star Residential Acquisitions, LLC. ("Customer") from an originator (the "Originator") who is a client of Opus Capital Markets Consultants, LLC ("Consultant") under a reliance letter, and for which the Originator provided Consultant with a data tape, from which, in each case, 100% of the loan population was chosen and loaded into the LauraMac underwriting software. Consultant performed a detailed compliance and credit review of all loans.

As detailed herein, the pool contains seven (7) Non-QM loans and twenty-three (23) ATR/QM Exempt loans, of which twenty (20) are DSCR loans and three (3) are Business Purpose loans. All loans were re-underwritten in accordance with the lender guidelines in terms of Exhibit A.

<u>EXHIBIT A</u>

**Credit Review**

**Credit Qualification**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;a) **Guidelines:** Determine whether each mortgage loan meets the requisite guideline requirements as
 specified by the Client. In lieu of specific requirements, Consultant should consider
 Regulation Z including Appendix Q if applicable. If the loan pre-dates the requirements
 of Regulation Z and Appendix Q, Consultant will consider Fannie Mae's Single-Family
 guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;b) **Employment:** Review the file documentation for minimum required level of employment, income and
 asset verifications pursuant to Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;c) **Income:** Recalculate borrower(s) monthly gross income and verify calculations of income as
 used by the original loan underwriter at origination to determine compliance with the
 Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;d) **Assets:** Confirm the presence of adequate asset documentation to comply with the Client provided
 underwriting guideline requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;e) **Debt Ratio:** Recalculate the debt-to-income ratio and verify the ratio accuracy used by
 the loan underwriter at origination to determine compliance with Client provided underwriting
 guidelines and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;f) **Property Valuation:** Analyze all appraisals and alternative value tools used to qualify the
 loan for integrity of comparable sales, completeness of data, eligibility of the appraiser
 and reasonableness of estimated value. Review the appraisal to determine the appraisal(s)
 meet the requirements of Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;g) **Loan-to-Value Ratio:** Recalculate and verify the loan-to-value ratio and combined loan-to-value ratio were accurate at

Narrative – COLT 2026-3

origination and meet Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;h) **Credit History:** Review the credit report to verify that the borrower(s) demonstrate adequate
 credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;i) **Credit Scores**: Verify that borrower(s) meet minimum credit score requirements of the Client
 provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;j) **Compensating Factors:** Verify exceptions to the Client provided underwriting guidelines are documented
 and reasonable.

**Document Review**

**Document Review<br>** 

<br> A review of each loan file will be performed to confirm the presence of material documentation as applicable to the specifics of the loan transaction. The Document Review will consist of the following:<br>

**a) Collateral Docs**

● Title Commitment / Policy: Verify the presence of the title commitment or final title policy. Confirm vested parties and the description of the property, liens and tax assessments.

● Mortgage Note / Security Instrument: Verify the presence of the mortgage note or security instrument. Confirm that the document has been executed by all borrowers and that all riders, addendums and endorsement are present and duly executed.

● Mortgage / Deed of Trust: Verify the presence of a copy Mortgage or Deed of Trust. Confirm that the documents have been executed by all required parties and that all riders, addendums and exhibits are present and duly executed. If the loan closed within 12 months of the review, Consultant will confirm the presence of a letter from the title company specifying the date the Mortgage / Deed Trust was sent for recording. If the closing did not occur within 12 months of the review and a copy of the recorded Mortgage /Deed of Trust is not contained in the loan file, the Client will submit a report from an independent document custodian verifying the presence of a recoded mortgage or a stamped / signed copy of the document stating the date the document was sent for recording.

● Conveyance Deed: Verify as applicable that a proper conveyance deed is present in the loan file. Confirm the proper transfer of ownership interest of the subject parties is detailed on the deed.

**b) Closing Docs**

● Final Hud-1 Settlement Statement: If required, verify the presence of a final HUD-1. Verify the completeness of required data and signatures or certification depending upon state compliance requirements.

● Final Truth-in-Lending Disclosure: If required, verify the presence of a final Truth-in-Lending Disclosure. Verify the completeness of required data and that all required signatures are present.

● Notice of Right to Cancel: If required based on the specifics of the loan transaction, confirm the presence and required execution of the Notice of Right to Cancel.

● Loan Estimate: If required verify the presence of the current Loan Estimate (LE) at the time of origination

● Closing Disclosure: If required verify the presence of the current Closing Disclosure (CD) at the time of origination.

Narrative – COLT 2026-3

**c) Credit Docs**<br>

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Underwriting Worksheet: Verify the presence of the relative underwriting worksheet i.e. form 1008, FHA MCAW and VA's Loan Analysis.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Income Documentation: Verify the presence of income and employment related documentation required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Regulatory Compliance**

For each Mortgage Loan, Consultant shall determine, to the extent possible and subject to caveats below, whether such Mortgage Loan at the time of origination complied with:

1. The
 "material"<sup>1</sup> disclosure requirements of the federal Truth-in-Lending
 Act ("TILA"), as amended by the Home Ownership and Equity Protection Act
 ("HOEPA") and Dodd-Frank, 15 U.S.C. § 1601 *et seq.* and implemented
 by Regulation Z, 12 C.F.R. Part 1026, including the material provisions relating to Higher-Priced
 Mortgage Loans in Regulation Z, 12 C.F.R. §§ 1026.35, and the early TIL disclosure
 provisions of the Mortgage Disclosure Improvement Act ("MDIA"), as implemented
 by Regulation Z, 12 C.F.R. §§ 1026.17 et seq; and as amended by the TILA-RESPA
 Integrated Disclosure ("TRID") Rule, TRID will be reviewed in accordance
 with the SFA TRID Grid 4.0, as amended from time to time, as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For
 Right of Rescission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A
 review of the Notice of Right to Cancel, including a verification of the transaction
 date and expiration date, ensuring proper execution of the Notice of Right to Cancel
 by all required parties, verifying the disbursement date and determining if a full three
 (3) day rescission period was adequately provided to the borrower(s).

<sup>1</sup> These "material" disclosures include the required disclosures of the APR, the finance charge, the amount financed, the total number of payments, the payment schedule, *and* if the loan is subject to the Homeownership and Equity Protection Act ("HOEPA"), the disclosure requirements and prohibitions of that statute which are set forth in 12 C.F.R. §§ 1026.32(c) and (d).

Narrative – COLT 2026-3

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This
 review is also to be performed on transactions that are exempt from the rescission requirement
 but on which a Notice of Right to Cancel was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. A
 condition must be placed if the transaction is a refinance by the original creditor and
 the borrower was provided the Form H-8 rescission notice. Consultant will note in the
 condition whether there was a new advance that is subject to rescission per TILA/Regulation
 Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For
 TILs (Application Dates prior to 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; i. Confirm the initial TIL disclosure and final TIL disclosures were provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review and compare the initial and final TIL, and any re-disclosed TIL(s), with a report outlining any TILA violations, including a recalculation of disclosed finance charge, proper execution by all required parties, principal and interest calculations, proper completion of the interest rate and payment summary, recalculation of disclosed APR, and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For
 TRID Disclosures (Application Dates on or after 10/3/2015)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Confirm the initial Loan Estimate (LE) was delivered within three (3) business days of application and seven (7) business days prior to consummation in accordance with Client's Underwriting Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Review the required sections of each LE to ensure they were populated in accordance with the TRID Rules. (If the file reflects more than one LE was provided, each revised LE must have corresponding Change of Circumstance documentation. The 0% and 10% fee tolerance evaluations will be based on the fee amounts disclosed on the initial LE and any valid changes documented and disclosed after the initial LE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Confirm the Closing Disclosure (CD) confirm the borrower received the initial CD at least three (3) business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. Review
 the required sections of each CD to ensure they were populated in accordance with
 the TRID Rules. (Any fee tolerance issues to be cured at closing or within 60 days of
 loan consummation.)

2. Section
 4 of the Real Estate Settlement Procedures Act ("RESPA"), 12 U.S.C. §2603
 and 2604, as implemented by Regulation X, 12 C.F.R. Part 1024, and as amended by the
 TRID Rule; TRID will be reviewed in accordance with the SFA TRID Grid 4.0, as amended
 from time to time.

3. The
 disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas
 Constitution;

4. Confirmation
 that one of the following are in the loan file, per the Fair Credit Reporting Act: Consumer
 Credit Score Disclosure, Your Credit Score and the Price You Pay for Credit, or Notice
 to Home Loan Applicant;

5. Sections
 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank")
 amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43: the general Ability
 to Repay underwriting standards (12 C.F.R. 1026.43(c)); refinancing of non-standard mortgages
 (12 C.F.R. 1026.43(d)); Qualified Mortgages (12 C.F.R. 1026.43(e) (including qualified
 mortgages as defined by the Department of Housing and Urban Development (24 C.F.R. 201
 and 203 et seq.) and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.; and
 Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f))
 In accordance with "Ability to Repay and Qualified Mortgage Review" description
 below;

6. The
 Loan Originator Compensation and Prohibitions on Steering provisions of TILA, as implemented
 by Regulation Z, 12 C.F.R 1026.36;

7. The
 requirements for Higher-Price Mortgage Loans, as implemented by Regulation Z, 12 C.F.R.
 1026.35;

8. The
 appraisal and valuation requirements of TILA and the Equal Credit Opportunity Act, as
 implemented by Regulation Z, 12 C.F.R. 1026.35 and Regulation B, 12 C.F.R. 1002.14, respectively;

9. The
 counseling requirements of TILA, as implemented by Regulation Z, 12 C.F.R. 1026.36(k)
 and RESPA, as implemented by Regulation X, 12 C.F.R. 1024.20;

10. The
 escrow requirements of TILA and RESPA, as implemented by Regulation Z, 12 C.F.R 1026.35,
 and Regulation X, 12 C.F.R 1024.17, respectively;

11. The
 disclosure requirements and prohibitions of any applicable state, county and municipal
 laws and ordinances, as amended, that have been enacted to regulate so-called "predatory
 lending":

Narrative – COLT 2026-3

12. Consultant
 shall confirm that any mortgage property located in an area identified on a flood hazard
 map or flood insurance rate map issued by the Federal Emergency Management Agency as
 having special flood hazards is subject to a qualified flood insurance policy that appears
 to be is in effect.

13. For
 any loans designated as TILA exemption, Consultant shall review the loan file for evidence
 that the primary purpose of the loan was for commercial or business purposes, including,
 but not limited to a business purpose certification.

14. Documentation.
 Review of the following documents for regulatory compliance:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Final
 HUD-1 Settlement Statement ("HUD-1"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 the loan is in an escrow state, the HUD-1 will be considered final as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. HUD-1
 is marked Final;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. If
 HUD-1 is not marked Final, it must be stamped certified by the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. There
 should be no markings indicating that the HUD-1 is estimated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. HUD-1
 is signed by all parties (including closing agent) or stamped certified by the closing
 agent; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. If
 HUD-1 is stamped, the HUD-1 / stamp should be signed or initialed by the closing agent;
 if the stamp does not contain the signature or initials, it must identify the name of
 the closing agent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Final
 Truth in Lending Disclosure ("TIL"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Loan
 Estimate, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Loan Estimate in will be considered delivered based on the date issued, subject to the
 three-day mailing rule unless the file contains documentation indicating earlier receipt.
 The loan file may contain one or more Loan Estimates with the latest one provided up
 until three business days prior to the issuance of an initial Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Closing
 Disclosure, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 Closing Disclosure in the loan file will be considered delivered based on the date issued,
 subject to the three-day mailing rule unless the file contains documentation indicating
 earlier receipt. The loan file may contain one or more Closing Disclosures with the latest
 one provided up until the consummation date being considered the Final with any delivered
 post consummation considered as a corrected Closing Disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Notice
 of Right to Cancel (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Initial
 TIL, if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Good
 Faith Estimate ("GFE"), if applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Note

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Mortgage/Deed
 of Trust

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j. FACTA
 disclosures

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Third
 Party Fees

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Third
 party fees on the HUD-1 or Closing Disclosure if applicable referred to as HUD-1/Closing
 Disclosure, must be shown as paid to the third-party provider. A condition must be set
 if a third-party fee is paid to the lender, investor, etc. or the payee is blank.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. CONSULTANT
 will condition for evidence in the file indicating that a charge on the HUD-1/Closing
 Disclosure exceeds the actual cost to the borrower (i.e. cost printed / stamped on the
 face of the document showing an amount less than the charge on the HUD-1/Closing Disclosure).
 Variations of less than $1 are deemed to be within reasonable limits and are not to be
 reported.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any
 refunds that are provided to the borrower must be accompanied by a revised HUD-1/Closing
 Disclosure to show the final, accurate charges to the borrower.

Each loan reviewed will be assigned a Compliance condition grade in accordance with the Rating Agency Criteria as more fully described in Section 2(f).

Consultant will not make a determination as to whether the loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated above. Furthermore, the findings reached by Consultant are dependent upon its receipt of complete and accurate data regarding the loans from loan originators and other third parties upon which Consultant is relying in reaching such findings.

**<u>Ability to Repay and Qualified Mortgage Review</u>**

1.  **<u>For Agency Eligible Loans Only</u>** : Consultant reviews applicable loans for compliance with the Qualified Mortgage (QM) rule requirements
set forth in Regulation Z (12 C.F.R. 1026.43 et seq.) based upon the loan's designation (Safe Harbor QM,

Narrative – COLT 2026-3

Rebuttable Presumption QM, Exempt). Consultant determines the loan's status under the QM rule requirements and assigns a due diligence loan designation. Consultant notes as a material exception if the due diligence findings do not confirm the same loan designation. Additionally, Consultant notes if a loan designation was not provided. Consultant will verify if each loan meets the requirements for a QM under § 1026.43(e)(2)—whether the loan is a safe harbor QM under § 1026.43(e)(1)(i) or a rebuttable presumption QM under § 1026.43(e)(1)(ii). Consultant will verify the presence of documentation for lender determination of QM and indicating factors in its ability-to-repay determination, including how the originator applied its policies and procedures in verification. For loans applications taken on or after June 1, 2021, Consultant will verify whether the loan meets the requirements of the revised general QM definition effective March 1, 2021.

2. For
 loans for which applications were received prior to July 1, 2021, if a loan was designated
 as QM and identified as eligible for guarantee, purchase, or insurance by an applicable
 agency as permitted under the QM final rule, Consultant reviews the loan to determine
 whether, based on available information in the loan file the loan satisfied (i), (ii)
 and (iii) in the paragraph (3)(a)(i) below and reviews the Automated Underwriting System
 output within the file to confirm agency eligibility.

3.  **<u>For Non-Agency Eligible Loans</u>** : Consultant reviews applicable loans for compliance
 with the Ability to Repay (ATR) but not Qualified Mortgage (QM) rule requirements set
 forth in Regulation Z (12 C.F.R. 1026.43 et seq.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Qualified Mortgage</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. For
 QM (Safe Harbor or HPCT) designated loans, Consultant reviews the loan to determine whether,
 based on available information in the loan file: (i) the loan contains risky loan features
 and terms (e.g. an interest only feature or negative amortization), (ii) the "points
 and fees" exceed the applicable QM threshold, (iii) the monthly payment was calculated
 appropriately. Consultant reviews to the applicable consider and verify requirements
 under the QM rule depending on whether the QM was originated under the original general
 QM definition or the revised general QM definition effective March 1, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 each QM designated loan that satisfied the applicable requirements enumerated above,
 Consultant then determines whether the loan is a Safe Harbor QM or Higher Priced QM by
 comparing the loan's actual annual percentage rate, as recalculated, to the applicable
 average prime offer rate plus a certain percentage. For QM designated loans originated
 under the revised general QM definition effective March 1, 2021, Consultant also determines
 whether the loan exceeds the pricing thresholds for QM loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Ability to Repay</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The
 ability to repay portion of the review for non-agency eligible loans only will focus
 on the eight factors detailed in the ATR Rule as detailed below for non-agency eligible
 loans. The Consultant will review the loan file to determine if the creditor verified
 and considered each of the eight factors utilizing reasonably reliable third-party documentation
 at or before consummation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Current
 or reasonably expected income or assets that the consumer will rely on to repay the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Current
 employment status

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Monthly
 mortgage payment for subject loan using the introductory or fully indexed rate, whichever
 is higher, and monthly, fully amortizing payments that are substantially equal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Monthly
 payment on any simultaneous loans secured by the subject property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Monthly
 payments for property taxes and hazard/flood insurance and certain other costs related
 to the property such as homeowner's association fees or ground rent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Debts,
 alimony, and child support obligations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Monthly
 debt-to-income ratio or residual income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Credit
 history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. For
 loans designated as agency eligible, Consultant will not review for compliance with the
 requirements of Appendix Q or General Ability to Repay.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Consultant
 reviews loans to determine their conformity with the ATR/QM factors above and is not
 rendering an independent assessment or analysis. Consultant's review is based on
 information contained in the loan file at the time it is provided to Consultant, and
 only reflects information as of that point in time and does not mean any regulator, judicial
 or agency will agree with the Consultant's conclusion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a)** **Regulatory Compliance Disclaimer** 

Please be advised that Consultant will not make a determination as to whether loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated herein. There can be no assurance that the review uncovered all issues relating to the origination of the mortgage loans, their compliance with applicable law and regulation and the original appraisals relating of the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by Consultant are dependent upon its receiving complete

Narrative – COLT 2026-3

and accurate data regarding the mortgage loans from loans originators and other third parties upon which Consultant is relying in reaching such findings.<br>

Please be further advised that Consultant does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Consultant do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Consultant. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including potential liability related to the purchase or other transaction involving any such loans, shall be made solely by the Client, or other agreed upon party, that has engaged Consultant to prepare its reports pursuant to its instructions and guidelines. Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Consultant are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b)** **Seasoning And Certain Compliance Exceptions** 

Pursuant to the applicable NRSRO criteria, Consultant graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Certain mortgage loans were seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The time period is not limited for claims, other than recession, which are raised as a defense to foreclosure. Information contained in any Consultant reports related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual loan.

**Additional Disclosures and Requirements:**

Consultant will confirm compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

● Servicing Transfer Disclosure (for applications prior to 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Servicing Transfer Disclosure form in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Verify
 the Servicing Transfer Disclosure was provided to the borrower(s) within three general
 business days of "Application"

● Special Information Booklet (for applications prior to 10/03/2015)/ Home Loan Tool Kit (for applications on or after 10/03/2015):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Home Loan Tool Kit is in file for covered loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Home Loan Tool Kit is provided within three general business days of application

● Affiliated Business Disclosure

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Affiliated Business Disclosure in file in the event the lender has
 affiliated business arrangements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure provided within three general business days of "Application"
 (Consultant reviews for this disclosure to be provided within three general business
 days, as the lender will typically know at the time of application if borrower(s) will
 be referred to affiliates for provision of third party services)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Affiliated Business Disclosure is executed.

● Initial Escrow Disclosure Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the presence of the Initial Escrow Disclosure Statement in file

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Confirm
 the Initial Escrow Disclosure Statement was provided at closing or within 45 days after
 settlement

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

● Confirm the lender has provided the borrower a disclosure of the right to receive a copy of appraisals within three (3) business days of application. This disclosure requirement may be met by disclosure on the Loan Estimate pursuant to 12 CFR § 1026.27(m)(1).

● Confirm that the lender has provided (delivered) copies of appraisals and all other written valuations (as disclosed to the borrower on the HUD-1 and/or contained in the Mortgage Loan File) to the borrower at least three (3) business days prior to consummation Opus uses the following test: Was appraisal/valuation documentation processed at least 6 days prior to account opening/ consummation date (3 day rule plus 3 days mailing time)?

Narrative – COLT 2026-3

● For a borrower that has waived the 3-business day disclosure requirement, confirm that the borrower has either (1) signed the waiver at least three (3) business days prior to consummation or (2) has signed an acknowledgment that the waiver occurred at least three (3) business days prior to consummation. Additionally, confirm that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

**Fair Credit Report Act (Regulation V)**

● Confirm that the lender has provided the borrower the risk-based pricing notice (as required by 12 CFR § 1022.73) or credit score disclosure (as required by 12 CFR § 1022.74(d)), as applicable; (a) If the lender has provided the risk-based pricing notice, confirm the disclosure was provided before consummation, but not earlier than the approval decision was communicated to the consumer; and (b) If the lender has provided the credit score disclosure, confirm the disclosure was provided before consummation.

● Confirm that the lender has provided a copy of the disclosure of credit score and the Notice to Home Loan Applicant (as required by 15 U.S.C. § 1681g) before consummation.

**High-Cost, State & Local Anti-Predatory Regulations**<br>

In addition to federal thresholds, Consultant will review the anti-predatory lending statutes in the following states and local municipalities, as applicable, as well as any additional applicable regulations implemented during the Term of this SOW.<br>

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

● California Anti-Predatory Lending Statute, Cal. Fin. Code § 4970 et seq.

● California Higher-Priced Mortgage Loan Statute, Cal. Fin. Code §4995 et seq.

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

● Connecticut Abusive Home Loan Lending Practices Act, Conn. Stat. Ann. §36a- 746 et seq., as amended from time to time.

● Connecticut Nonprime Home Loans Statute, Conn. Gen. Stat. §§ 36a-760 et seq. (as originally enacted and as amended by Senate Bill 949).

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

● Florida Fair Lending Act, Fla. Stat. Ann. § 494.0078 et seq. (for loans closed before July 1, 2014).

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

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

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

● Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003) codified at 815, ILCS §§ 137/5 et seq., and as amended by SB 1692 (2012), effective January 10, 2014.

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

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

● Cook County, Illinois, Anti-Predatory Lending Ordinance, Cook County Code of Ordinances § 34-341.

● Cook County, Illinois, Anti-Predatory Lending Pilot Program, Illinois House Bill 4050 (2005).

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

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

● Kansas Consumer Credit Code

● Kentucky Anti-Predatory Lending Statute, Ky. Rev. Stat. § 360.100 et seq.

● Maine, An Act to Enhance Consumer Protections in Relation to Certain Mortgages (for loans closed prior to September 27, 2011), Me. Rev. Stat. Ann. Tit. 9-A, §§ 8-103(1); 8-206(8);8-206A, as amended by Legislative Documents 1869 (2007), 2125 (2008) and 1439 (2009).

Narrative – COLT 2026-3

● Maine Consumer Credit Code - Truth-in-Lending, (for loans closed on or after September 27, 2011), Me. Rev. Stat. Ann. tit. 9-A, §§ 8-501 et seq., as amended from time to time.

● Maryland Commercial Law, Md. Code Ann., Com. Law §§ 12-124.1; 12-127; 12- 409.1; 12-1029.

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

● Massachusetts High-Cost Mortgage Regulations, 209 CMR Parts 32 and 40, as amended from time to time.

● Massachusetts Predatory Home Loan Practices Act, M.G.L. Chapter 183C, §§ 1 et seq.

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

● Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §800 (15-17).

● Massachusetts Regulations for Higher Priced Mortgage Loans, 209 CMR §§ 32.00 et.seq., as amended from time to time.

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

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

● Minnesota Mortgage Originator and Service Licensing Act, § 58.137 et seq. (S.F. 2988 (2002)), as amended by House File 1004 (2007) and Senate File 988 (2007).

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

● Nevada Anti-Predatory Lending Law, Assembly Bill No. 284 (2003) and Amended by Assembly Bill No. 440 (2007), codified as NRS § 598D.010 et seq.

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

● New Mexico Home Loan Protection Act, Senate Bill 449 (Regular Session 2003), codified at NM Rev. Stat. § 58-21A-1 et seq. and as amended from time to time.

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

● New York High-Cost Home Loan Act, N.Y. Bank. L. Ch. 626., as codified in NY Bank. Law § 6-l, and as implemented by 3 NYCCR Part 41 as amended from time to time.

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

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

● Ohio Anti-Predatory Lending Statute, HB 386 as amended by Senate Bill 185 (2006), and as codified in various sections of the Ohio Code.

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

● City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, Ordinance No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

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

● Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003), as codified in various sections of Title 14A of the Oklahoma Consumer Credit Code.

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

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

● Rhode Island Home Loan Protection Act, R.I. Gen. L. 34-25.1-2 et seq, as implemented by Emergency Banking Regulation 3 (2006) and Final Banking Regulation 3 (2007) and amended by Senate Bill 371 (2007).

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

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

● Tennessee Home Loan Protection Act, Tenn. H.R. 3597 (2006), as codified at Tenn. Code Ann. §§ 45-20-101 et seq.

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

● Section 50(a)(6), Article XVI of the Texas Constitution

Narrative – COLT 2026-3

● Section 50(f)(2), Article XVI of the Texas Constitution

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

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

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

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

● Virginia Mortgage Lender and Broker Act (for loans originated on or after July 1, 2003 to September 30, 2010, as amended), Va. Code Ann. §§ 6.1-411, 6.1-422.1, 6.1-425.1 and 6.1-425.2.

● Virginia Mortgage Lender and Broker Act (for loans originated on or after October 1, 2010), Va. Code Ann. §§ 6.2-1600 et seq., as amended from time to time.

● Virginia Senate Bill 797 (2008), effective July 1, 2008 (uncodified).

● Washington House Bill 2770, Mortgage Lending Ownership

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

● Wisconsin Responsible High-Cost Mortgage Lending Act, Wis. Stat. § 428.202, as implemented by Wis. Admin. Code DFI-Bkg 46.01 et seq.

● Wyoming Credit Code

**Flood Insurance Testing**

**National Flood Insurance Program (NFIP)**

Each mortgage loan will be reviewed to ensure adherence to flood insurance coverage requirements as outlined under the NFIP, including identification of flood zones and subsequent policy documentation for evidence of adequate coverage amounts.

**Homeowner's Flood Affordability Act (HFIAA)**

Each mortgage loan made by an FDIC-supervised institution or servicer acting on its behalf shall require the escrow of all premiums and fess for flood insurance for any designated loan secured by residential improved real estate or a mobile home, made, increased, extended or renewed on or after January 1, 2016.

Frequency – Payable with same frequency as payments designated for the loans

Exceptions

● Loan is an extension of credit primarily for business, commercial or agricultural purposes

● Loan is in a subordinate position to a senior lien secured by the same residential improved real estate or mobile for which the borrower has obtained flood insurance

● Flood Insurance coverage for the residential real estate is provided by a policy that

&nbsp;&nbsp;&nbsp;&nbsp;a. Meets
 requirements

&nbsp;&nbsp;&nbsp;&nbsp;b. Provided
 by a condominium association, cooperative or other applicable group and

&nbsp;&nbsp;&nbsp;&nbsp;c. The
 premium for which is paid by the condominium associate, cooperative, homeowners association,
 or other group as a common expense.

**Misrepresentation and Third-Party Review**<br>

Validate that fraud reports and independent third-party property valuations reports are in the file. The review will consist of the following:<br>

1) Misrepresentation Review and Valuation Review

Review on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation. The Misrepresentation may include the following:<br>

● Signatures: Validate signature consistency across documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable efforts to validate the consistency of signatures across documents.

● Alerts: Assess credit report alerts for accuracy and potential issues.

Narrative – COLT 2026-3

● Social Security Numbers: Compare SSN(s) across all file documents.

● Document Integrity: Review for apparent alterations to loan documents. To the extent imaged or hard copy files are provided, Consultant will utilize reasonable review of alterations to the loan documents.

● Data Consistency: Review the documents contained in the loan file for consistency of data.

● Third Party Fraud Tools: To the extent a third party fraud tool is contained in the loan file, the Consultant will ensure high level or critical warnings are reviewed and addressed.

**Independent Third-Party Values**

Review each loan to determine whether a third party valuation product was required and if required, that the third party product value was compared to the original appraised value to identify a value variance and apply the appropriate rating agency grade after reviewing the required valuation products. i) Consultant will perform the following steps.

● Property is complete

● Value is based on as-is condition or provides satisfactory completion of all material conditions including inspections, licenses, and certifications (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

● Property is described in average or better condition

● No apparent appraiser independence violation statements

● Appraisal addresses any adverse comments

● Appraisal is completed on appropriate GSE Forms

● Appraisal contains required attachments.

● Appraiser was appropriately licensed at the time the appraisal was signed

If the valuation vendor des not supply the updated valuation product directly to the Consultant, the Client will authorize the valuation vendor to issue an attestation with sufficient information for the Consultant to determine the correct valuation product was utilized to verify the accuracy of the origination appraisal.

Value Review Disclaimer

● The individuals performing the above procedures are not person providing valuations for the purpose of the Uniform Standards of Professional Appraisal Practice ("USPAP") or necessarily licensed as appraiser under Federal or State law, and the services being performed do not constitute appraisal reviews for the purposes of USPAP or Federal or State law.

● Opus makes no representation or warranty as to the value of the mortgaged property, notwithstanding that Opus may have reviewed the valuation information for reasonableness.

● Opus is not an Appraisal Management Company ("AMC") and therefore does not opine on the actual value of the underlying property.

● Opus is not a creditor within the meaning of the Equal Credit Opportunity Act ("ECOA") or other lending laws and regulations, and therefore Opus will not have and communications with or responsibility to any individual concerning property valuations.

**Properties in FEMA declared disaster zones.**

If a FEMA declared disaster occurs after the inspection date on the appraisal, Consultant will review the file to determine if an exterior inspection to ensure:

● No apparent damage to the property

● Property appears to be occupied

**Data Compare**<br>

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance<br>

● Appraised Value

● CLTV

● DTI

● FICO

● Interest Only

● Interest Rate

Narrative – COLT 2026-3

● Loan Term

● Loan Purpose

● LTV

● Occupancy

● Original Balance

● Property Address

● Property City

● Property State

● Property Type

● Sales Price

● Second Mortgage Lien Amount

● Self Employed

● Units

● Zip Code

● Loan Type

● QM Status

**Rating Agency Grading Criteria**<br>

**Fitch Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Fitch in their current industry publications as updated from time to time.<br>

**Moody's Investor Services Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Moody's in their current industry publications as updated from time to time.<br>

**Kroll Bond Rating Agency LLC Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Kroll in their current industry publications as updated from time to time.<br>

**S&P Global Ratings Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by Standard & Poor's in their current industry publications and updated from time to time.<br>

**DBRS Morningstar Grading Criteria**

Grading shall be provided for each exception, each exception category and holistically for each loan. The methodology for the application of the RMBS grading as defined by DBRS in their current industry publications and updated from time to time.

**Opus Grading Criteria**<br>

1) Opus Grading Criteria

Grading shall be provided for each exception, each exception category and holistically for each loan. The following grading is not intended for securitization reviews and Opus will not issue a Rating Agency Narrative, Reliance or Form ABS Due Diligence 15E if Client elects to utilize the following grading criteria. The methodology for the application of grading is defined by Opus and updated from time to time shall be determined as follows:<br>

**Opus Credit Grades**<br>

● Level 1 Credit Grade Definition: Loan was originated in accordance with the mortgage loan originator underwriting guidelines without exception.

● Level 2 Credit Grade Definition: Loan was originated in substantial compliance with the originator's underwriting guidelines and there are sufficient compensating factors for any exceptions.

● Level 3 Credit Grade Definition: Loan was not originated in substantial compliance with the originator's underwriting

Narrative – COLT 2026-3

guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

**Opus Property Grades**<br>

● Level 1 Property Grade Definition: Property value appears to be within 10% of original appraised amount and there are no material deficiencies in the appraisal process.

● Level 2 Property Grade Definition: Property value appears to be within 10% of original appraised amount, but minor issues in the appraisal process were identified.

● Level 3 Property Grade Definition: Property value does not appear to fall within 10% of the original appraised value and/or material deficiencies exist with respect to the appraisal process or the file is missing material documentation.

**Opus Compliance Grades**<br>

● Level 1 Compliance Grade Definition: Loan complies with all applicable laws and regulations reviewed under the applicable scope of work.

● Level 2 Compliance Grade Definition: There are minor issues regarding legal and/or regulatory compliance but such issues do not represent risks to the enforceability of the borrower's obligation under the loan documents and will not result in assignee liability to the investor.

● Level 3 Compliance Grade Definition: Loan is not in compliance with laws and regulations reviewed under the applicable scope of work or the loan is missing material documentation.

**REDACTED INFORMATION**<br>

● Borrower Name

● Co-Borrower Name

● SSNs

● Property Address, City, County, MSA, Zip

● Mailing Address

● Account Number, including Originator and Servicer Loan Number

● Origination Date

● Names of Borrowers or any other Individuals

● Company and Entity Names

● Financial Institution Names

● Job Position Titles

● Any Address

● Any Location Information (other than state), including City, County, MSA and Zip

● Account Numbers of any type

● Insurance Claim Numbers

● Insurance Policy Numbers

● Foreclosure Action dates and Case Numbers

● Bankruptcy Action dates and Case Numbers

● Any reference that would allow the identification of the location of a property (e.g. neighborhood, body of water, schools, major highways)

**DSCR Loan Review**

A re-underwriting review will be conducted in order to verify that the requisite underwriting guidelines as specified by Client (the "<u>Underwriting Guidelines</u>") are met. Confirmation of the loan terms will be performed through recalculation and review of documentation contained in the loan file provided to the Consultant. The Credit Qualification review guidelines will consist of the following:

**Borrower Underwriting:**

● **Borrower Liquidity:** Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

● **Credit / Background Check:** Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

Narrative – COLT 2026-3

● **Property management questionnaire:** Review the questionnaire to confirm management experience meets Underwriting Guidelines.

● **Borrowing Entity:** Confirm the entity is in good standing and duly formed (if applicable documents are in the file). Verify the individual signing on behalf of the organization has the authority to bind the entity (if applicable documents are in the file).

● **Loan-to-Value (LTV)/Loan-to-Cost (LTC) Limits:** Confirm the LTV/LTC meets Underwriting Guidelines per Underwriting Guidelines.

● **Permitted Loan Terms:** Confirm the loan terms are eligible per the Underwriting Guidelines.

● **Property Requirements and Market Requirements:** Confirm the loan Property and Market Requirements are eligible per the Underwriting Guidelines.

● **DSCR—ensure components of Debt Service Coverage Ratio are identified correctly:** Recalculation of DSCR

**Title Insurance Requirements are met per Guidelines only as follows**

Confirm Loss payee language must be present and required insurance policies and coverage amounts meet the Underwriting Guidelines.

● **Condominium Eligibility:** Confirm Condo Master Policy is present and meets the Underwriting Guidelines

● **Property Insurance:** Confirm each mortgaged property has a policy in place and proper coverage amount in adherence to the Underwriting Guidelines.

● **Preliminary/Commitment Title:** Review and confirm first lien holder position, validate no loan file discrepancies, delinquent taxes, and/or additional liens at time of consummation.

**Credit Document Check**

● Loan Application: Verify the presence and completeness of both the initial and final loan applications.

● Credit Report: Verify the presence of a credit report for each borrower. Confirm that the credit report was pulled within the timing requirements allowable per the Client provided underwriting guidelines.

● Housing Payment History: In the absence of housing payment histories on the borrower(s) credit report(s), verify that that the file contains a verification of rent or a verification of mortgage form.

● Letters of Explanation: When Letters of Explanation are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Gift Letters: When Gift Letters are required by the Client provided underwriting guidelines, verify the presence of any such letters exist in the loan file.

● Asset Documentation: Verify the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

● Property Valuation Tools: Verify that each loan file contains adequate appraisal and other third party valuation tools to satisfy the minimum required documentation under the relative Client provided underwriting guidelines.

● Proof of Insurance: Verify the presence of insurance certificates for mortgage, hazard and flood insurance on an as needed basis depending upon the specifics of the loan. Confirm that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

**Compliance**

● No compliance testing for the DSCR review.

Narrative – COLT 2026-3

**<u>Pool Details</u>**

![](ex9931002.jpg)

Narrative – COLT 2026-3

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Data Element** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**Accuracy** |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;9 | &nbsp;&nbsp;70.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;2 | &nbsp;&nbsp;93.33% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;96.67% |
| &nbsp;&nbsp;**Total Loans** | &nbsp;&nbsp;**30** |  |

---

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there was one (1) obligor with multiple loans in the pool.

**Property Inspection Waivers:** No loans had a Property Inspection Waiver.

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp; A | &nbsp;&nbsp; A | &nbsp;&nbsp;Loan conforms to all applicable guidelines, no conditions noted |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp; B | &nbsp;&nbsp; B | &nbsp;&nbsp;Loan does not meet every applicable credit guideline. However, most of the loan characteristics are within the guidelines and there are documented and significant compensating factors |
| &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp;C | &nbsp;&nbsp; C | &nbsp;&nbsp; C | &nbsp;&nbsp;The loan does not meet every applicable credit guideline, and most of the loan characteristics are outside of guidelines; or there are weak or no compensating factors |
| &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp;D | &nbsp;&nbsp; D | &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Compliance</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Kroll | &nbsp;&nbsp;DBRS | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;B | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations; however, minor evidentiary issue(s) exist |

---

Narrative – COLT 2026-3

<u>C</u> <u>C</u> <u>C</u> <u>C</u> <u>The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations</u> <br> <u>D</u> <u>D</u> <u>D</u> <u>D</u> <u>The loan file is missing critical documentation required to perform the review</u>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Fitch | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;The loan was originated in compliance with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;B | &nbsp;&nbsp;The loan is in compliance with all applicable laws and regulations and a benefit to the borrower is present and documented |
| &nbsp;&nbsp;C | &nbsp;&nbsp;The includes material violation(s) with applicable federal, state, and local predatory and high cost, TILA, and Regulation Z laws and regulations |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file is missing critical documentation required to perform the review |

---

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moody's | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A &nbsp;&nbsp; A | &nbsp;&nbsp;Value is within a 10% variance of third party product. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B &nbsp;&nbsp; B | &nbsp;&nbsp;Meets all terms for an A, but property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C &nbsp;&nbsp; C | &nbsp;&nbsp;Any of the following items: Origination value and third party valuation product value has a variance of 10% or greater, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D &nbsp;&nbsp; D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

Narrative – COLT 2026-3

---

| | |
|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Definition |
| &nbsp;&nbsp;A | &nbsp;&nbsp;First Level Review Value is within a 10% variance to the original appraisal. Appraisal meets lender guidelines. Subject property is 100% complete. Property condition is average or better. Standard GSE form was utilized. Appraiser is licensed. Appraisal is complete. |
| &nbsp;&nbsp;B | &nbsp;&nbsp;First Level Review Value is greater than a 10% variance to the original appraisal but the second level review value is within 10% variance of the original appraised value. In addition, property requires cosmetic or minor repairs that do not affect value or habitability |
| &nbsp;&nbsp;C | &nbsp;&nbsp;Any of the following items: Second Level Review Value is greater than a 10% variance to the original appraisal, cannot validate value, property is incomplete, property condition is less than average, GSE form was not utilized, and/or the appraisal and/or does not meet guidelines |
| &nbsp;&nbsp;D | &nbsp;&nbsp;The loan file was missing the appraisal and/or other valuations products needed to complete the review |

---

**<u> </u>**

**<u>Loan Review Findings</u>**

The following summarizes Consultant's final loan securitization and event grades assigned to the final reviewed loan pool and reported in the Agency Grading Report dated April 06, 2026.

---

| | | |
|:---|:---|:---|
| **Overall Grade Summary** | | |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | <br>&nbsp;&nbsp;**# of** <br> **Loans** | <br>&nbsp;&nbsp;**% of** <br> **Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;21 | &nbsp;&nbsp;70.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;9 | &nbsp;&nbsp;30.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| **Compliance Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;28 | &nbsp;&nbsp;93.33% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;6.67% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Narrative – COLT 2026-3

---

| | | |
|:---|:---|:---|
| **Credit Grade Summary** | | |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | <br>&nbsp;&nbsp;**# of <br> Loans** | <br>&nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;23 | &nbsp;&nbsp;76.67% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;7 | &nbsp;&nbsp;23.33% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| **Property Grade Summary** |  |  |
| &nbsp;&nbsp;**Fitch NRSRO Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;30 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

**<u>Loans Reviewed (30)</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;4350119786 | &nbsp;&nbsp;4350119789 |
| &nbsp;&nbsp;4350119782 | &nbsp;&nbsp;4350119775 |
| &nbsp;&nbsp;4350119778 | &nbsp;&nbsp;4350119790 |
| &nbsp;&nbsp;4350119779 | &nbsp;&nbsp;4350119799 |
| &nbsp;&nbsp;4350119784 | &nbsp;&nbsp;4350119791 |
| &nbsp;&nbsp;4350119774 | &nbsp;&nbsp;4350119783 |
| &nbsp;&nbsp;4350119787 | &nbsp;&nbsp;4350119795 |
| &nbsp;&nbsp;4350119781 | &nbsp;&nbsp;4350119793 |
| &nbsp;&nbsp;4350119776 | &nbsp;&nbsp;4350119780 |
| &nbsp;&nbsp;4350119792 | &nbsp;&nbsp;4350119785 |
| &nbsp;&nbsp;4350119800 | &nbsp;&nbsp;4350119777 |
| &nbsp;&nbsp;4350119801 | &nbsp;&nbsp;4350119802 |
| &nbsp;&nbsp;4350119796 | &nbsp;&nbsp;4350119794 |
| &nbsp;&nbsp;4350119797 | &nbsp;&nbsp;4350119803 |
| &nbsp;&nbsp;4350119788 | &nbsp;&nbsp;4350119798 |

---

If you have any questions, please contact Uriah Clavier at Uriah.Clavier@opuscmc.com

Narrative – COLT 2026-3

## Exhibit 99.32

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.32**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350119776 |  |  | XXXX A C |
| XXXX | 4350119778 |  |  | XXXX D A B |
| XXXX | 4350119782 |  |  | XXXX A C |
| XXXX | 4350119786 |  |  | XXXX A |
| XXXX | 4350119779 |  |  | XXXX A |
| XXXX | 4350119774 |  |  | XXXX C D A B |
| XXXX | 4350119787 |  |  | XXXX A |
| XXXX | 4350119784 |  |  | XXXX A |
| XXXX | 4350119781 |  |  | XXXX A |
| XXXX | 4350119792 |  |  | XXXX A |
| XXXX | 4350119800 |  |  | XXXX C A B |
| XXXX | 4350119796 |  |  | XXXX A |
| XXXX | 4350119788 |  |  | XXXX A |
| XXXX | 4350119797 |  |  | XXXX C A B |
| XXXX | 4350119801 |  |  | XXXX C A B |
| XXXX | 4350119775 |  |  | XXXX A B |
| XXXX | 4350119789 |  |  | XXXX A |
| XXXX | 4350119790 |  |  | XXXX C A B |
| XXXX | 4350119799 |  |  | XXXX A B |
| XXXX | 4350119791 |  |  | XXXX A D |
| XXXX | 4350119783 |  |  | XXXX A |
| XXXX | 4350119795 |  |  | XXXX A B |
| XXXX | 4350119780 |  |  | XXXX A |
| XXXX | 4350119777 |  |  | XXXX A |
| XXXX | 4350119793 |  |  | XXXX A |
| XXXX | 4350119785 |  |  | XXXX C A |
| XXXX | 4350119794 |  |  | XXXX A |
| XXXX | 4350119802 |  |  | XXXX C A B |
| XXXX | 4350119803 |  |  | XXXX A D |
| XXXX | 4350119798 |  |  | XXXX A |

---

## Exhibit 99.33

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.33**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350119776 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350119778 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119782 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 64.46 | 64.46 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119786 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119779 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119774 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 72.03 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 | XXXX |
| XXXX | 4350119787 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119784 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 | XXXX |
| XXXX | 4350119781 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.06 | 56.06 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | XXXX |
| XXXX | 4350119792 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | XXXX |
| XXXX | 4350119800 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.96 | 56.96 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 | XXXX |
| XXXX | 4350119796 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60.84 | 60.84 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119788 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 4350119797 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 4350119801 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.4 | XXXX |
| XXXX | 4350119775 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119789 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119790 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 73 | 73 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119799 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119791 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119783 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119795 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 | XXXX |
| XXXX | 4350119780 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.3 | XXXX |
| XXXX | 4350119777 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119793 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119785 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.037 | N/A | XXXX |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119794 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | 4350119802 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | XXXX |
| XXXX | 4350119803 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | 0 | 0 | Collateral Underwriter (CU) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX |
| XXXX | 4350119798 |  |  | XXXX | XXXX | XXXX | 0 | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0.0238 | Desk Review |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0.0238 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |

---

## Exhibit 99.34

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.34**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350119776 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119778 |  |  | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal.  |
| XXXX | 4350119778 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 80 | 60 | Audit Value of Subject Lien / Qualifying Value |
| XXXX | 4350119778 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 80 | 60 | Audit Value of 1st and 2nd Lien / Qualifying Value |
| XXXX | 4350119778 |  |  | XXXX | Property Type | propertyValuationPage | Single Family Attached | Single Family Detached | Audit value pulled from appraisal |
| XXXX | 4350119782 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 697 | 708 | Audit value based on lender qualifying requirements. |
| XXXX | 4350119786 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Condominium | Audit Value Pulled From Appraisal. |
| XXXX | 4350119788 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119797 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119801 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119791 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119780 |  |  | XXXX | Property Value | propertyValuationPage | XXXX | XXXX | Audit Value Pulled From Appraisal. |
| XXXX | 4350119780 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 28.66 | 42.4 | Audit liabilities were based on documents in the loan file.  |
| XXXX | 4350119785 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Audit Value Pulled From Appraisal. |
| XXXX | 4350119803 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Audit Value Pulled From Appraisal. |

---

## Exhibit 99.35

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.35**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350119776 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/30/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/30/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/30/2026 <br>Open-E-Consent documentation is missing for borrower(s). - Due Diligence Vendor-01/29/2026 |  | Resolved-The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/30/2026 <br>Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-01/30/2026<br>| XXXX Econsent and Appraisal.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119776 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | ECOA: Appraisal Disclosure Missing or Incomplete | Resolved-ECOA Compliant: Appraisal Disclosure provided. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/30/2026 <br>Ready for Review-Document Uploaded. - Buyer-01/30/2026 <br>Open-ECOA Non-Compliant: Appraisal Disclosure Missing or Incomplete. - Due Diligence Vendor-01/29/2026 |  | Resolved-ECOA Compliant: Appraisal Disclosure provided. The lender provided the required documentation. Condition resolved. - Due Diligence Vendor-01/30/2026<br>| XXXX Econsent and Appraisal.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119778 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/09/2026 <br> Open-Audited CLTV of 80% exceeds Guideline CLTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00 Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119778 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/09/2026 <br> Open-Audited HLTV of 80% exceeds Guideline HCLTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00 Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119778 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026 <br> Ready for Review-Document Uploaded. - Seller-02/09/2026 <br> Open-Audited LTV of 80% exceeds Guideline LTV of 75%. (based on appraisal in file - value reflected as XXXX) - Due Diligence Vendor-02/03/2026 | Ready for Review-Document Uploaded. - Seller-02/09/2026<br>| Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/09/2026<br>| Exception.pdf |  | 1.32 DSCR, .32>1.00Min<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119778 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Seller-02/05/2026 <br> Open-Housing History Does Not Meet Guideline Requirements : Per Lender Guide section XXXX, a 12-month housing history is required for the borrower's primary residence. While a "rent-free" letter was provided for the period starting XXXX, the accompanying Verification of Rent (VOR) covers XXXX through XXXX. Because the VOR involves a private party, the guidelines require cancelled checks to validate the payments; however, these checks were not provided. - Due Diligence Vendor-02/04/2026 | Ready for Review-Document Uploaded. - Seller-02/05/2026<br>| Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/05/2026<br>| XXXX.pdf |  | 1.32 DSCR, .32>1.00 min<br> 60% LTV, 10%<70% max<br> Exp Inv - >3 yrs owning 11 inv properties | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119778 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-02/05/2026 <br> Open-Invoice - Missing or Incomplete. Per lender guidelines, a copy of the $XXXX appraisal invoice submitted to the original lender is required for transferred transactions. Audit was unable to locate this document in the file. - Due Diligence Vendor-02/04/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/05/2026<br>| Appraisal Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119782 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-1004D provided, condition resolved. - Due Diligence Vendor-02/13/2026 <br>Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-02/13/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/12/2026 <br>Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-02/08/2026 |  | Resolved-1004D provided, condition resolved. - Due Diligence Vendor-02/13/2026 <br>Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-02/13/2026<br>| XXXX_XXXX(XXXX)-V1.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119774 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/16/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/16/2026 <br>Open-Invoice - Missing or Incomplete. Invoice for appraisal could not be located. - Due Diligence Vendor-02/16/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-02/16/2026<br>| Appraisal Invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119774 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/16/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/16/2026 <br> Open-Audited HLTV of 72.03% exceeds Guideline HCLTV of 70% Under the XXXX lender guidelines, maximum permitted is 70% HLTV for a cash-out refinance when the DSCR falls between 0.75 and 1.0. - Due Diligence Vendor-02/16/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/16/2026<br>| Exception.pdf |  | FICO 770, 50 pts>720 Min<br> Mortgage history 0x30x36 vs 1x30x12 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119774 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/16/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/16/2026 <br>Open-Audited CLTV of 72.03% exceeds Guideline CLTV of 70% Under the XXXX lender guidelines, maximum permitted is 70% CLTV for a cash-out refinance when the DSCR falls between 0.75 and 1.0. - Due Diligence Vendor-02/16/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-02/16/2026<br>| Exception.pdf |  | FICO 770, 50 pts>720 Min<br> Mortgage history 0x30x36 vs 1x30x12 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119800 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Assets | Cash Out Does Not Meet Guideline Requirements | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. <br>- Due Diligence Vendor-03/02/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br> Open-Cash Out Does Not Meet Guideline Requirements According to the XXXX matrix foreign national DSCR, maximum cash in hand is by exception only. Audit could not locate exception in file. - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. <br>- Due Diligence Vendor-03/02/2026<br>| Exception.pdf |  | Res 67 mo, 55>12 mo Min<br> LTV 56%, 9%<65% Max<br> FICO 797, 117 pts>680 Min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119800 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br> Open-Audited LTV of 56.96% exceeds Guideline LTV of 0% According to the XXXX matrix, cash-out refinances are restricted for Foreign National DSCR loans; no LTV/CLTV parameters are provided. - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026<br>| Exception.pdf |  | Res 67 mo, 55>12 mo Min<br> LTV 56%, 9%<65% Max<br> FICO 797, 117 pts>680 Min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119797 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br>Open-Audited HLTV of 75% exceeds Guideline HCLTV of 65% Per lender requirements, refinancing for rural properties is limited to a maximum LTV/CLTV of 65%. - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026<br>| Exception.pdf |  | Fico 736, 36>700 min<br> DSCR 1.34, .34>1.0 min<br> Reserves 35 mo, 33 mo>2 mo min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119797 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br>Open-Audited CLTV of 75% exceeds Guideline CLTV of 65% Per lender requirements, refinancing for rural properties is limited to a maximum LTV/CLTV of 65%. - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026<br>| Exception.pdf |  | Fico 736, 36>700 min<br> DSCR 1.34, .34>1.0 min<br> Reserves 35 mo, 33 mo>2 mo min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119797 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026 <br>Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br>Open-Audited LTV of 75% exceeds Guideline LTV of 65% Per lender requirements, refinancing for rural properties is limited to a maximum LTV/CLTV of 65%. - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/02/2026<br>| Exception.pdf |  | Fico 736, 36>700 min<br> DSCR 1.34, .34>1.0 min<br> Reserves 35 mo, 33 mo>2 mo min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119801 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/03/2026 <br>Ready for Review-Document Uploaded. - Buyer-03/02/2026 <br>Open-Audited FICO of 659 is less than Guideline FICO of 660 - Due Diligence Vendor-02/27/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/03/2026<br>| Exception.pdf |  | 1.15 DSCR, .15>1.00 min<br> 78 mons reserves, 72>6 min | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119775 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. - Due Diligence Vendor-03/02/2026 <br> Ready for Review-Document Uploaded. - Buyer-02/28/2026 <br> Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XXXX is after the Primary Appraisal Delivery Date of XXXX. - Due Diligence Vendor-02/27/2026 |  | Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. - Due Diligence Vendor-03/02/2026<br>| XXXX Appraisal.pdf |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119790 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/04/2026 <br>Ready for Review-Document Uploaded. - Buyer-03/04/2026 <br>Open-Property type is ineligible due to Condo Review: Single entity owning 24% of units, max allowed is 20% and investor concentration over 75%, currently investor concentration is 76%. . Audit could not locate a copy of the exception approval with compensating factors. - Due Diligence Vendor-03/03/2026 |  | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/04/2026<br>| Exception.pdf |  | LTV 73%, 7%<80% max<br> FICO 767, 127>640 min<br> Reserves 16, 10>6 month min<br> Housing 0x30x76, 1x30x12 | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119799 |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Appraisal Disclosure Missing or Incomplete | Acknowledged-This finding is non-material and will be rated a B for all agencies.<br> - Due Diligence Vendor-03/04/2026 <br>Ready for Review-Please waive - Buyer-03/04/2026 <br>Open-ECOA Non-Compliant: Appraisal Disclosure Missing or Incomplete. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-03/03/2026 |  | Acknowledged-This finding is non-material and will be rated a B for all agencies.<br> - Due Diligence Vendor-03/04/2026<br>|  |  |  | XXXX | Investment | Purchase | NA | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119791 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Invoices provided, condition resolved. - Due Diligence Vendor-03/05/2026 <br> Ready for Review-Document Uploaded. - Buyer-03/05/2026 <br> Ready for Review-Document Uploaded. - Buyer-03/05/2026 <br> Open-Invoice - Missing or Incomplete. Audit could not locate the appraisal invoice(s). ($XXXX & $XXXX) - Due Diligence Vendor-03/05/2026 |  | Resolved-Invoices provided, condition resolved. - Due Diligence Vendor-03/05/2026<br>| invoice.pdf<br>CDA invoice.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119795 |  |  | Closed | XXXX | XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/09/2026 <br>Ready for Review-Please waive - Buyer-03/07/2026 <br>Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-03/06/2026 |  | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/09/2026<br>|  |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119795 |  |  | Closed | XXXX | XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/06/2026 <br>Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/06/2026 |  | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/06/2026<br>|  |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | Investor Post-Close | No |
| XXXX | XXXX | 4350119785 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided, condition resolved. - Due Diligence Vendor-03/12/2026 <br> Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-03/12/2026 <br> Ready for Review-Escalated - Buyer-03/12/2026 <br> Open-A valid secondary valuation supporting the origination appraisal value is not present. While Audit has reviewed the XXXX unit valuation, this specific product is not currently on the approved list for secondary valuation support. - Due Diligence Vendor-03/11/2026 |  | Resolved-A valid secondary valuation supporting the origination appraisal value was provided, condition resolved. - Due Diligence Vendor-03/12/2026 <br>Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-03/12/2026<br>|  |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119785 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC Cleared, condition resolved. - Due Diligence Vendor-03/12/2026 <br> Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-03/12/2026 <br> Ready for Review-Document Uploaded. here is the clearance items needed that we used to clear OFAC for XXXX, what was on fraud was XXXX two totally different entities. - Buyer-03/12/2026 <br> Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-03/11/2026 |  | Resolved-OFAC Cleared, condition resolved. - Due Diligence Vendor-03/12/2026 <br>Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-03/12/2026<br>| XXXX OFAC Clearance.pdf |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119802 |  |  | Closed | XXXX | XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/13/2026 <br> Ready for Review-Document Uploaded. - Due Diligence Vendor-03/13/2026 <br> Open-Housing History Does Not Meet Guideline Requirements In accordance with lender guidelines (XXXX), DSCR loans for borrowers residing rent-free require management review and exception. Currently, the audit team is unable to locate the documented approval for this exception in the loan file for B1.<br> - Due Diligence Vendor-03/12/2026 |  | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-03/13/2026<br>| Exception.pdf |  | FICO 786<br> Pri Mtg 0x30x247<br> REO Mtg 0x30x69 | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No |
| XXXX | XXXX | 4350119803 |  |  | Closed | XXXX | XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/11/2026 <br> Ready for Review-Document Uploaded. - Buyer-03/11/2026 <br> Open-Invoice - Missing or Incomplete. Audit could not locate copy of appraisal invoice for $XXXX. - Due Diligence Vendor-03/11/2026 |  | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-03/11/2026<br>| invoice.pdf |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |

---

## Exhibit 99.36

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.36**

![](ex9936001.jpg)

**Selene Diligence LLC ("Selene") Due** <br> **Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by Lone Star Residential Acquisitions, LLC ("Client"). The review was conducted between September 2025 and March 2026 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 27 Non-QM loans and 30 ATR/QM exempt loans for a total of 57 loans the "Final Securitization Population".

*<u>Credit Reviews (57):</u>*

During the Review, Selene performed a credit review on 57 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (57)</u>*

During the Review, Selene performed a compliance review, when applicable on 57 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (57):</u>*

During the Review, Selene performed a property valuation review on 57 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (57):</u>*

During the Review, Selene performed a Data Integrity Review on 57 mortgage loans in the Final Securitization Population.

**<u>FINAL SECURITIZATION POPULATION</u>**

After Selene's initial review was completed, the Client provided Selene with a confirmed list of 57 mortgage loans that formed the Final Securitization Population. The table below summarizes the reviews conducted by Selene.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Final Securitization Population** |
| &nbsp;&nbsp;Credit Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |

---

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

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, Fitch Ratings, Inc. ("Fitch") (the "NRSRO").

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

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

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

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

Northpointe Underwriting Guidelines, Kind Lending Non-Agency Program Guidelines, Capital Alliance Loan Eligibility Guidelines, 5<sup>th</sup> Street Capital Underwriting Guidelines (collectively the "Guidelines")

Page **2** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**<u>LOAN GRADING</u>**

The Guidelines referenced above served as the benchmark for grading loans with respect to credit, compliance, underwriting, property valuation and data integrity. Each loan received an "initial" and a "final" grade. The "initial" grade was assigned during the initial loan review. The "final" grade considers additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Selene's loan grading is solely based on Selene's independent assessment of all Guideline exceptions and compensating factors for each of the component reviews. Selene is providing a comprehensive loan-level analysis that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades and sets forth compensating factors and waivers.

**<u>SCOPE OF REVIEW</u>**

Selene examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Selene relied on the accuracy of information contained in loan documentation provided to Selene (for more detail, please refer to Appendix A, B, and C, attached hereto).

&nbsp;&nbsp;**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

● Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines cited above;

● Re-calculated LTV, CLTV, income, liabilities and compared these against the Guidelines;

● Analyzed asset statements to determine whether funds to close and reserves were within the Guidelines;

● Confirmed that credit scores (FICO) and credit histories were within the Guidelines.

&nbsp;&nbsp;**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

&nbsp;&nbsp;**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

● **Original Appraisal Assessment** 

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

Page **3** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

● **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

&nbsp;&nbsp;**DATA INTEGRITY REVIEW**

Selene uploads tape data into its due diligence application and compares it to the actual documents provided.

● Tape data received from lender/client is stored in a secured FTP folder;

● Tape data is uploaded into the application;

● Loan Reviewer collects validated loan data;

● Each received data point is compared to its counterpart collected data point; and

● Discrepancies found during comparison are stored and reported.

Selene provided the Client with a copy of the initial loan level tape discrepancy report which shows the differences between the data received by the Client versus the data captured by Selene during the loan review.

**<u>SUMMARY OF FINDINGS & CONCLUSIONS OF REVIEW</u>**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs.

With respect to the Final Securitization Population, Selene conducted (i) a Credit Review on 57 mortgage loans, (ii) a Compliance Review on 57 mortgage loans (iii) a Valuation Review on 57 mortgage loans, and (iv) a Data Integrity Review on 57 mortgage loans; the results of these reviews are discussed below. All grades shown below are based upon the NRSRO grading methodologies utilized by the NRSROs.

**<u>REVIEW RESULTS SUMMARY</u>**

After review of the 57 mortgage loans; 35 mortgage loans had a rating grade of A, 22 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **** |  | &nbsp;&nbsp;***Grades per loan (57 overall loans):*** | &nbsp;&nbsp;***Grades per loan (57 overall loans):*** | &nbsp;&nbsp;***Grades per loan (57 overall loans):*** | &nbsp;&nbsp;***Grades per loan (57 overall loans):*** | &nbsp;&nbsp;***Grades per loan (57 overall loans):*** |
|  | | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**INITIAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** | &nbsp;&nbsp;**FINAL RA GRADES - OVERALL** |
|  | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;8 | &nbsp;&nbsp;14.04% | &nbsp;&nbsp;A | &nbsp;&nbsp;35 | &nbsp;&nbsp;61.40% |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;5.26% | &nbsp;&nbsp;B | &nbsp;&nbsp;22 | &nbsp;&nbsp;38.60% |
|  | &nbsp;&nbsp;C | &nbsp;&nbsp;18 | &nbsp;&nbsp;31.58% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  | &nbsp;&nbsp;D | &nbsp;&nbsp;28 | &nbsp;&nbsp;49.12% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |

---

Page **4** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **** | |  |  | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** | &nbsp;&nbsp;***Final Grades per loan broken out by compliance, credit and property:*** |
|  | | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | &nbsp;&nbsp;**FINAL RA GRADES - COMPLIANCE** | | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** | &nbsp;&nbsp;**FINAL RA GRADES - CREDIT** |
|  | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** | <br>&nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;57 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;A | &nbsp;&nbsp;37 | &nbsp;&nbsp;64.91% |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;B | &nbsp;&nbsp;20 | &nbsp;&nbsp;35.09% |
|  | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
|  |  | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** | &nbsp;&nbsp;**FINAL RA GRADES - PROPERTY** |  |  |  |
|  | &nbsp;&nbsp;**NRSRO Grade** | &nbsp;&nbsp;**Fitch** | &nbsp;&nbsp;**%** |  |  |  |
|  | &nbsp;&nbsp;A | &nbsp;&nbsp;55 | &nbsp;&nbsp;96.49% |  |  |  |
|  | &nbsp;&nbsp;B | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.51% |  |  |  |
|  | &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |
|  | &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |  |  |  |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

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

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain

Page **5** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. Risk levels associated with a loan may have changed an exception level, given rating agency published guidance, written guidance, or other guidance from the rating agency team on the transaction. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged Selene to prepare its reports pursuant to its instructions and Guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by Selene are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. Selene does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by Selene.

**<u>THIRD PARTY REVIEW REPORTING DELIVERED</u>**

Selene furnished the following reports on this transaction:

1. Selene
 Due Diligence Narrative Report

2. ASF
 Report

3. Grading
 Summary

4. Exception
 Detail

5. Tape
 Discrepancies

6. Valuations
 Report

7. Supplemental
 Data

8. Third
 Party (TPR) Attestation Form

9. Attestation
 Form 15E

Page **6** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**APPENDIX A – CREDIT REVIEW SCOPE**

Selene reviewed the origination documentation contained in the mortgage loan file to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements that are provided to Selene and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the file was also performed.

**Credit Application**

For the Credit Application, Selene verified whether:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 application is signed by all listed borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 application is substantially filled out; and

&nbsp;&nbsp;&nbsp;&nbsp;3. All
 known borrower-owned properties are disclosed on the Real Estate Owned section.

**Credit Report**

Selene verified:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 credit report and/or other credit history documentation is present for each borrower;

&nbsp;&nbsp;&nbsp;&nbsp;2. Capture
 the monthly consumer debt payments for use in the debt to income and/or residual income
 calculation, as applicable;

&nbsp;&nbsp;&nbsp;&nbsp;3. Note
 the Real Estate Owned and fraud alerts; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Gather
 data required for ASF Report submission which may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Most
 recent FICO Score (scores from Equifax, Experian, and Transunion if available)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Most
 recent FICO date

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Longest
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Maximum
 Trade Line

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Number
 of trade lines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) Credit
 Usage Ratio

**Employment and Income**

Selene determined whether all applicable supporting documentation as required by the guidelines is in the file and note indications of potentially fraudulent documents. The documentation was also be used to verify whether the income used to qualify the loan was calculated in accordance with applicable guidelines. Documentation verifying employment and income may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verbal
 or Written VOE's

&nbsp;&nbsp;&nbsp;&nbsp;2. Pay
 stubs

&nbsp;&nbsp;&nbsp;&nbsp;3. W-2
 forms

&nbsp;&nbsp;&nbsp;&nbsp;4. Tax
 returns

&nbsp;&nbsp;&nbsp;&nbsp;5. Financial
 statements

&nbsp;&nbsp;&nbsp;&nbsp;6. Award
 letters

&nbsp;&nbsp;&nbsp;&nbsp;7. Bank
 statements

Page **7** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**Asset Review**

Selene assessed whether the asset documentation required by the guidelines is present in the file. In addition, a review of the reserve calculation was performed. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may include:

&nbsp;&nbsp;&nbsp;&nbsp;1. VOD's

&nbsp;&nbsp;&nbsp;&nbsp;2. Depository
 account statements

&nbsp;&nbsp;&nbsp;&nbsp;3. Stock
 or security account statements

&nbsp;&nbsp;&nbsp;&nbsp;4. Gift
 funds

&nbsp;&nbsp;&nbsp;&nbsp;5. Settlement
 statement or other evidence of conveyance and transfer of funds if a sale of assets was
 involved

**Hazard/Flood insurance** 

A review of the insurance present on the loan was also be performed:

&nbsp;&nbsp;&nbsp;&nbsp;1. Verify
 that the hazard insurance meets the minimum required amount of coverage in the guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;2. For
 condominium properties, confirm that the blanket policy meets the minimum amount of coverage;

&nbsp;&nbsp;&nbsp;&nbsp;3. Confirm
 that the flood cert is for the correct borrower, property, lender and loan number and
 is a "Life of Loan" certification;

&nbsp;&nbsp;&nbsp;&nbsp;4. For
 properties is in a flood zone per the flood cert, confirm that flood insurance in the
 file meets the minimum required amount of coverage and meets guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Confirm
 that the mortgagee clause lists the lender's name and "its successors and
 assigns"; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Confirm
 that the premium amount on both the hazard and flood insurance match what was used in
 the DTI calculations.

**Title**

Verified whether the appropriate vestee is on the title document: if a purchase, the seller; if a refinance, the borrower and review the Title Commitment for the disclosure issues.

**Fraud**

To the extent potentially fraudulent activity is identified as part of the document review, such information was reported to Client. In addition, when required, Selene looked for an independent, third party fraud report in each file and will review the results of the fraud report in conjunction with source documents found in the file to assess the likelihood of any misrepresentations associated with the origination of the loan. If the loan does not contain a fraud report and the counterparty cannot produce one, Selene conditioned the loan for the missing product.

On this Fraud report Selene:

&nbsp;&nbsp;&nbsp;&nbsp;1. Reviewed
 for any name variations for the borrowers and confirm that the variations have been addressed
 in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;2. Reviewed
 for any social security number variations for the borrowers and confirm that the variations
 have been addressed in the loan file;

Page **8** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;3. Reviewed
 for any potential occupancy issues based on the borrowers' address history and
 confirm that any issues have been addressed in the loan file;

&nbsp;&nbsp;&nbsp;&nbsp;4. Reviewed
 for any employment issues and confirm that any issues have been addressed in the loan
 file;

&nbsp;&nbsp;&nbsp;&nbsp;5. Reviewed
 for any additional consumers associated with the borrowers' profiles and confirm
 the materiality and material issues have been addressed in the loan file; and

&nbsp;&nbsp;&nbsp;&nbsp;6. Addressed
 all red flag issues.

**Additional Review**

Selene's review procedures also included:

&nbsp;&nbsp;&nbsp;&nbsp;1. A
 review of the completeness and accuracy of the information obtained in the mortgage origination
 process;

&nbsp;&nbsp;&nbsp;&nbsp;2. A
 review of closing documents to ensure that the mortgage file information is complete,
 accurate, and consistent with other documents in the mortgage file;

&nbsp;&nbsp;&nbsp;&nbsp;3. Selene
 will review the mortgage file documents to determine that the mortgage was properly underwritten;

&nbsp;&nbsp;&nbsp;&nbsp;4. Verification
 that the DTI, LTV, asset reserves, property type, transaction type (maximum loan amount,
 loan purpose, occupancy, etc.), and FICO scores meet or exceed the guideline requirements;

&nbsp;&nbsp;&nbsp;&nbsp;5. Verification
 that all borrowers are eligible based on the guidelines and information in the loan file;
 and

&nbsp;&nbsp;&nbsp;&nbsp;6. Verify
 there is appropriate documentation present to confirm that applicable documents have
 been recorded or have been sent for recording.

Page **9** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed the Non-QM loans to determine, as applicable, to the extent possible and/or applicable and subject to the caveats below, whether the loan complies with:

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

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

i) failure to provide the right of rescission notice;

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

iii) errors in the right of rescission notice;

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

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

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

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

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

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

ii) proper execution by all required parties;

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

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

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

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

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

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

i) points and fees threshold test;

ii) APR threshold test;

iii) prepayment penalty test; and

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

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

i) APR threshold test; and <br> ii) compliance with the escrow account and appraisal requirements.

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

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

Page **10** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) review
 for presence of mortgage loan originator organization and individual mortgage loan originator
 name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract,
 security instrument, Loan Estimate and Closing Disclosure; and (ii) verify the data against
 the NMLSR database, as available.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

vi) with respect to tolerance violations based on the disclosed charges on the LE and CD and other applicable exceptions, confirm that the creditor cured or remediated the violations in accordance with the Structured Finance Association TRID 4.0, as may be updated from time to time.

Page **11** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

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

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

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

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

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

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

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

**4.** **The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution.** 

**5.** **Federal and state specific high-cost provisions, as further enumerated in Schedule 1, attached hereto.** 

Page **12** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**SCHEDULE I**

&nbsp;&nbsp;&nbsp;&nbsp;1. AL
 Consumer Credit License- Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;2. AK
 Small Loan Act-Mortgage Broker/Lender License-Mortgage Lending Regulation License <br> Registered Depository Institution Registration

&nbsp;&nbsp;&nbsp;&nbsp;3. AR
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;4. AZ
 Mortgage Banker & Broker License-Consumer Lender License

&nbsp;&nbsp;&nbsp;&nbsp;5. CA
 AB 489/344 (Division 1.6 of the Financial Code)

&nbsp;&nbsp;&nbsp;&nbsp;6. CO
 Consumer Equity Protection Article

&nbsp;&nbsp;&nbsp;&nbsp;7. CO
 Consumer Credit Code

&nbsp;&nbsp;&nbsp;&nbsp;8. DE
 Licensed Lender License Broker License Lender License

&nbsp;&nbsp;&nbsp;&nbsp;9. Washington,
 DC Home Loan Protection Act of 2002

&nbsp;&nbsp;&nbsp;&nbsp;10. Washington,
 DC Mortgage Disclosure Act of 2007

&nbsp;&nbsp;&nbsp;&nbsp;11. FL
 Fair Lending Act

&nbsp;&nbsp;&nbsp;&nbsp;12. GA
 Fair Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;13. HW
 Financial Services Loan Company License -Mortgage Broker and Solicitor License- Foreign
 Lender License - Mortgage Loan Originator Company License

&nbsp;&nbsp;&nbsp;&nbsp;14. ID
 Residential Mortgage Practices Act - (Home Loan Practices article)

&nbsp;&nbsp;&nbsp;&nbsp;15. IN
 Home Loan Practices Article

&nbsp;&nbsp;&nbsp;&nbsp;16. IA
 Mortgage Banker License Regulated Loan License - Industrial Loan License - Mortgage Banker
 Registrant- Mortgage Broker License- Master Loan Company Registration <br> Nonprofit Mortgage Banker Registrant

&nbsp;&nbsp;&nbsp;&nbsp;17. KS
 Consumer Credit Code - Kansas Supervised Lenders License- - Consumer credit code 16-207

&nbsp;&nbsp;&nbsp;&nbsp;18. LA
 Residential Mortgage Lending License - Consumer Loan License- Licensed Lender License

&nbsp;&nbsp;&nbsp;&nbsp;19. MA
 Mortgage Lender and Broker Regulations

&nbsp;&nbsp;&nbsp;&nbsp;20. MD
 Commercial Law amended by Maryland Senate Bill 270

&nbsp;&nbsp;&nbsp;&nbsp;21. Maryland
 Regulations under the Maryland Mortgage Lender Law HB 649 - 363amendments, and COMAR

&nbsp;&nbsp;&nbsp;&nbsp;22. MI
 Consumer Mortgage Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;23. MN
 Mortgage Originator and Servicer Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;24. MS
 Residential Mortgage Company License - Mortgage Lender License - Mortgage Broker Licen

&nbsp;&nbsp;&nbsp;&nbsp;25. MO
 Mortgage Company License

&nbsp;&nbsp;&nbsp;&nbsp;26. MT
 - Consumer Loan License - Residential Mortgage Lender License-Mortgage Broker License <br> Mortgage Lender License

&nbsp;&nbsp;&nbsp;&nbsp;27. NC
 Rate Spread Home Loan Provisions (original 2008 provisions and 2009, 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;28. ND
 Money Broker License

&nbsp;&nbsp;&nbsp;&nbsp;29. NE
 Mortgage Bankers Registration and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;30. NH
 First Mortgage Banker License – Second Mortgage Home Loan – Mortgage Banker
 License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;31. NJ
 Home Ownership Security Act 2002 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;32. NM
 Home Loan Protection Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;33. OH
 Consumer Sales Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;34. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;35. Summit
 County, OH Consumer Affairs Board Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;36. Summit
 County, OH Consumer Protection Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;37. OK
 Home Ownership and Equity Protection Act (original provisions & 2009 higher-priced
 amendments)

Page **13** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

&nbsp;&nbsp;&nbsp;&nbsp;38. OR
 Consumer Finance License – Consumer Finance Registration – Mortgage Lender
 License

&nbsp;&nbsp;&nbsp;&nbsp;39. PA
 Consumer Equity Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;40. RI
 Home Loan Protection Act and Regulation 3

&nbsp;&nbsp;&nbsp;&nbsp;41. SD
 Mortgage Lender License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;42. TN
 Home Loan Protection Act

&nbsp;&nbsp;&nbsp;&nbsp;43. UT
 Residential Mortgage Practices and Licensing Act

&nbsp;&nbsp;&nbsp;&nbsp;44. VA
 Mortgage Lender and Broker Act

&nbsp;&nbsp;&nbsp;&nbsp;45. WA
 House Bill 2770, Mortgage Lending and Homeownership, Chapter 108, Laws of 2008 –
 Consumer Loan Company License – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;46. WV
 Residential Mortgage Lender, Broker and Servicer Act

&nbsp;&nbsp;&nbsp;&nbsp;47. WY
 Consumer Credit Code – Registered Consumer Loan Lender – Mortgage Lender
 Broker License

<u>The following state **specific** regulations which address high cost, higher priced and anti-predatory lending.</u>

&nbsp;&nbsp;&nbsp;&nbsp;1. CA
 AB 260 (Division 1.9 of the Financial Code) higher-priced mortgage loan provisions -
 Anti-Predatory Lending Statute - Amendment

&nbsp;&nbsp;&nbsp;&nbsp;2. CT
 Abusive Home Lending Practices Act

&nbsp;&nbsp;&nbsp;&nbsp;3. CT
 Nonprime Home Loans Statute

&nbsp;&nbsp;&nbsp;&nbsp;4. IL
 Office of Banks and Real Estate High Risk Home Loan Regulations

&nbsp;&nbsp;&nbsp;&nbsp;5. IL
 High Risk Home Loan ActL Predatory Lending Database Program

&nbsp;&nbsp;&nbsp;&nbsp;6. Chicago,
 IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;7. Cook
 County, IL Predatory Lending Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;8. KY
 Predatory Lending and High Cost Home Loan Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;9. ME
 Title 9-A Residential Mortgage Loan, High-Rate, High-Fee Provisions, High Cost, Subprime,
 Rate Spread Home Loan, and Higher-Priced Mortgage Loan Provisions (original 2003 provisions
 and 2008, 2009, 2011 & 2013 amendments)

&nbsp;&nbsp;&nbsp;&nbsp;10. MA
 High Cost Home Loan Regulations (pre- and post-amendments) - MA Predatory Home Loan Practices
 Act - MA 209 CMR 32.35 Higher-Priced Mortgage Loan Provisions - MA "Borrower's
 Interest" Standard

&nbsp;&nbsp;&nbsp;&nbsp;11. Maryland
 Regulations for Higher Priced Mortgage Loans, as promulgated under the Maryland Mortgage
 Lender Law

&nbsp;&nbsp;&nbsp;&nbsp;12. NC
 Restrictions and Limitations of Home Loans and High-Cost Home Loans

&nbsp;&nbsp;&nbsp;&nbsp;13. NV
 Unfair Lending Practices Act – Anti Predatory Lending Law

&nbsp;&nbsp;&nbsp;&nbsp;14. NY
 GRBB Part 41 (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;15. NY
 Banking Law 6-L

&nbsp;&nbsp;&nbsp;&nbsp;16. NY
 Banking Law 6-M

&nbsp;&nbsp;&nbsp;&nbsp;17. OH
 Anti - Predatory Lending Act (pre- and post-amendments)

&nbsp;&nbsp;&nbsp;&nbsp;18. Cleveland
 Heights, OH Ordinance Prohibiting Predatory Loans

&nbsp;&nbsp;&nbsp;&nbsp;19. RI
 Providence Ordinance Regarding Predatory Lending (post-amendment)

&nbsp;&nbsp;&nbsp;&nbsp;20. SC
 High-Cost and Consumer Home Loan Act (original provisions & 2010 ARM amendments)

&nbsp;&nbsp;&nbsp;&nbsp;21. TX
 Home Loan and High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;22. UT
 High Cost Home Loan Act

&nbsp;&nbsp;&nbsp;&nbsp;23. VT
 High Rate Loans

&nbsp;&nbsp;&nbsp;&nbsp;24. VI
 VA SB 797 Hight Risk Mortgage – Mortgage Broker License

&nbsp;&nbsp;&nbsp;&nbsp;25. WI
 Responsible High Cost Mortgage Lending Act

Page **14** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

**APPENDIX C – VALUATION REVIEW SCOPE**

Selene reviewed the valuation materials utilized during the origination of the loan which confirmed the value of the underlying property. Selene verified the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guidelines restrictions, (vii) made on an "as is" basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities; and (viii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same.

If more than one valuation is provided for review, Selene confirmed consistency among the valuation products and if there are discrepancies that cannot be resolved, Selene created an exception and worked with the Client on the next steps, which may include ordering of additional valuation products such as collateral desktop analyses, broker's price opinions, and full appraisals. If the property valuation products included in Selene's review results in a variance of more than 10% then the Client shall be notified of such variance and a second independent valuation product shall be ordered. On all loans, Selene makes a determination as to whether appraised value is supported based on documentation available at the time of review and adds exceptions or comments as appropriate.

Selene confirmed consistency among the valuation products and where applicable, if there was a discrepancy in value between two appraisals in the form of a variance greater than 10%, Selene would review the file for a desktop analysts/evaluation of the appraisals and determine which appraised value was used for qualification purposes. If there were discrepancies that could not be resolved, Selene created an exception and worked with the client on the next steps for resolution.

Disclaimer

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

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

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

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

● Selene does not confirm whether the appraiser is on the Freddie Mac exclusionary list.

Page **15** of **15**

COLT 2026-3 Executive Summary (Selene Diligence LLC)

## Exhibit 99.37

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.37**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Original Loan Amount** |
| XXXX | 4350119839 | XXXX | XXXX | XXXX C D A |
| XXXX | 4350119805 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119830 | XXXX | XXXX | XXXX A |
| XXXX | 4350119840 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119817 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119811 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119828 | XXXX | XXXX | XXXX C A D B |
| XXXX | 4350119847 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119845 | XXXX | XXXX | XXXX A C |
| XXXX | 4350119831 | XXXX | XXXX | XXXX B A |
| XXXX | 4350119844 | XXXX | XXXX | XXXX B D A |
| XXXX | 4350119846 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119807 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350119860 | XXXX | XXXX | XXXX D C A B |
| XXXX | 4350119861 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119835 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119843 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119848 | XXXX | XXXX | XXXX A B |
| XXXX | 4350119849 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119804 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119813 | XXXX | XXXX | XXXX A D |
| XXXX | 4350119855 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119808 | XXXX | XXXX | XXXX A |
| XXXX | 4350119832 | XXXX | XXXX | XXXX B A |
| XXXX | 4350119806 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119853 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119854 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119836 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119812 | XXXX | XXXX | XXXX C D A B |
| XXXX | 4350119829 | XXXX | XXXX | XXXX A |
| XXXX | 4350119834 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119837 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119852 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119851 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119856 | XXXX | XXXX | XXXX A |
| XXXX | 4350119857 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119814 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119833 | XXXX | XXXX | XXXX A |
| XXXX | 4350119859 | XXXX | XXXX | XXXX D A B |
| XXXX | 4350119810 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119809 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119858 | XXXX | XXXX | XXXX A D |
| XXXX | 4350119838 | XXXX | XXXX | XXXX A D |
| XXXX | 4350119827 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119850 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119820 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119823 | XXXX | XXXX | XXXX A D B |
| XXXX | 4350119841 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119842 | XXXX | XXXX | XXXX A |
| XXXX | 4350119822 | XXXX | XXXX | XXXX D C A |
| XXXX | 4350119815 | XXXX | XXXX | XXXX A |
| XXXX | 4350119819 | XXXX | XXXX | XXXX C A B |
| XXXX | 4350119825 | XXXX | XXXX | XXXX A |
| XXXX | 4350119816 | XXXX | XXXX | XXXX D A |
| XXXX | 4350119824 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119821 | XXXX | XXXX | XXXX C A |
| XXXX | 4350119826 | XXXX | XXXX | XXXX C D A B |

---

## Exhibit 99.38

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.38**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Queue** | **Created Date** | **Last Modified Date** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Reviewer Comments** | **Seller Comments** | **Finding Resolution** | **Finding Document** | **Reviewer Comp Factors** | **Originator Comp Factors** | **State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Unique Finding ID** | **Acknowledged / Waived By** | **Waiver in File?** |
| XXXX | XXXX | 4350119839 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Resolved, received rate lock. - Due Diligence Vendor-XXXX <br>Counter-Counter, rate lock received however missing borrowers signature. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Missing Evidence of Rate Lock. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Resolved, received rate lock. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119839 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Resolved, received HOI dec page showing replacement cost type as full. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'Yes') - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Hazard Insurance Coverage Amount of XXXX is less than Required Coverage Amount of XXXX and Guaranteed Replacement Coverage indicator is 'No' Dwelling Coverage Amount of XXXX is less than Required Coverage Amount of XXXX and Guaranteed Replacement Coverage indicator is 'No', Provide Replacement Cost Estimator or updated HOI Policy with the Dwelling Coverage of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Resolved, received HOI dec page showing replacement cost type as full. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'Yes') - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Resolved. Narrative information provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached, sorry about that - Seller-XXXX <br>Counter-Please attach Business Narrative. Document did not upload. Countered - Due Diligence Vendor-XXXX <br>Ready for Review-See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached, sorry about that - Seller-XXXX <br>Ready for Review-See attached - Seller-XXXX<br>| Resolved-Resolved. Narrative information provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Provide Evidence of Rate Lock. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119805 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#386:<br> Higher LTV allowing 80% cash-out Alt Doc for investment property refi - Due Diligence Vendor-XXXX |  | Waived-Audited LTV of 80% exceeds Guideline LTV of 75% Exception in file on page#386:<br> Higher LTV allowing 80% cash-out Alt Doc for investment property refi - Due Diligence Vendor-XXXX<br>|  |  | Borrower(s) have 110.35 months Reserves. Minimum required per guidelines is 9 months.<br> DTI is 10.13%. Maximum allowed per guidelines is 50%.<br> Borrower has worked in same job more than 3 years. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119830 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.219%) APR equals or exceeds the Federal HPML threshold of (7.73%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.23%).(12 CFR 1026.35(a)(1)(i)) Borrower is Escrowing, escrow disclosures and loan information is on Pg #265 and the Final Closing disclosure on Pg #69 reflects escrows. Rate lock date was entered correctly – see Pg #65 An interior and exterior appraisal was completed for this property – see Pg #35-45, and copy of the appraisal was given to the borrower – see Pg #26 for borrower received copy of the appraisal disclosure on page on 274. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.219%) APR equals or exceeds the Federal HPML threshold of (7.73%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.23%).(12 CFR 1026.35(a)(1)(i)) Borrower is Escrowing, escrow disclosures and loan information is on Pg #265 and the Final Closing disclosure on Pg #69 reflects escrows. Rate lock date was entered correctly – see Pg #65 An interior and exterior appraisal was completed for this property – see Pg #35-45, and copy of the appraisal was given to the borrower – see Pg #26 for borrower received copy of the appraisal disclosure on page on 274. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119840 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable. Proof for Gift Funds provided. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Asset Record 2 Does Not Meet G/L Requirements Provide wire confirmation to verify the gift funds originated from a relative. Final CD shows gift funds were directly deposited with the escrow agent. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable. Proof for Gift Funds provided. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119840 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Supporting documentation for Gift funds in the amount of XXXX provided. Updated & Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Asset Record 3 Does Not Meet G/L Requirements Provide supporting documentation for Gift funds in the amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Supporting documentation for Gift funds in the amount of XXXX provided. Updated & Resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119840 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Mavent | Fees: Limited | Resolved-Proof of XXXX Foreclosure fee received. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-XXXX requires every borrower in a residential mortgage loan to pay an XXXX Foreclosure Prevention Fee. The System did not find an XXXX fee titled "Foreclosure Prevention", "Foreclosure Prevention Fee", nor "XXXX Foreclosure Prevention Fee". "Residential mortgage loan" means any loan primarily for personal, family, or household use that is secured by a mortgage, deed of trust, or other consensual security interest on a dwelling, as defined in the Truth in Lending Act, or residential real estate upon which is constructed or intended to be constructed a dwelling. (RCW 61.24; RCW 31.04.015(24)) Recording fee not listed on CD, please advise if XXXX recording fee is included. XXXX requires every borrower in a residential mortgage loan to pay an XXXX Foreclosure Prevention Fee. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Proof of XXXX Foreclosure fee received. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119817 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-received updated 1003 with corrected address - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. URLA updated to show the borrowers correct housing history - Seller-XXXX <br> Counter-This Duplex is owned by 2 sperate parties, XXXX by borrower free and clear, XXXX currently listed for sale & is owned by other person not a party to this transaction.<br> Final 1003 bwr states he owns and has lived at XXXX for XXXX+ years. Lox on page 347 of PDF borrower states he does not own XXXX.<br> per GLs section -3.1.4:For all full and alt doc transactions, a housing payment mortgage history is required for all Real Estate Owned <br> evidencing the payment activity for the most recent 12-months. VORs and VOMs from servicing/mortgage <br> companies and companies/management companies, etc., cancelled checks, mortgage/rental statements <br> including payment history, etc. should be provided. <br>VOR for XXXX Rd required for 12 months housing history or Exception with valid compensating factors<br> - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. another property report showing the property is a duplex - Seller-XXXX <br> Counter-property report for XXXX uploaded shows SFR res-semi detached (town house?), please advise what docs say it is a duplex. <br> borrower does not own primary residence (XXXX) even though they stated they owned it on the 1003. VOR not in file - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Property History report and Seller Certificate - Seller-XXXX <br> Open-Housing History Does Not Meet Guideline Requirements Per fraud report on pg467 and LOX on page 347; borrower does not own primary residence (XXXX) even though they stated they owned it on the 1003. VOR not in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. URLA updated to show the borrowers correct housing history - Seller-XXXX <br>Ready for Review-Document Uploaded. another property report showing the property is a duplex - Seller-XXXX <br>Ready for Review-Document Uploaded. Property History report and Seller Certificate - Seller-XXXX<br>| Resolved-received updated 1003 with corrected address - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119817 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Fraud report provided. Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts Per the GL 11.14.XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 328) is showing 1 high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX<br>| Resolved-Fraud report provided. Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119811 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR Does Not Meet Guideline Requirement | Resolved-Received worksheet DSCR in line - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. DSCR Calc - Seller-XXXX <br>Open-Audited DSCR 1.45% & Originator ration 1.85%, difference 0.4% , this is due to lender not included the HOA amount of XXXX. The calculation validating the correct DSCR is as follows: Rents of XXXX0 (80% of 1007 rent XXXX0)/ PITIA of XXXX3.44= 1.450 DSCR<br> The rent schedule page # 56<br> UW DSCR worksheet page # 312<br> Rent = XXXX0 (80% of 1007 rent XXXX0) - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. DSCR Calc - Seller-XXXX<br>| Resolved-Received worksheet DSCR in line - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119811 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br>Open-Fraud Report Shows Uncleared Alerts Per the GL 01.16.XXXX page # 27 a clear fraud report is required. The fraud report in file (page # 281) is showing 1 high uncleared alert. The required cleared report is missing.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119811 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | Closing | Final HUD-1 Closing Date does not match Transaction Date | Resolved-Updated Hud page - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see the attached certified copy of the Final HUD1. Although the loan docs were signed XXXX, this is a DRY funding state, and the loan did not fund and disburse until XXXX. - Seller-XXXX <br> Open-Final HUD-1 Closing Date of XXXX is not the same date as the Notary Acknowledgement Date of XXXX. One in file HUD 1 showing settlement date XXXX after closing date XXXX. Provide final Hud 1 on closing date with borrower, seller & settlement agent signatures. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached certified copy of the Final HUD1. Although the loan docs were signed XXXX, this is a DRY funding state, and the loan did not fund and disburse until XXXX. - Seller-XXXX | Resolved-Updated Hud page - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Requested 12 Months housing history provided with updated 1003 & LOX, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Provide VOM to verify 12 months of Primary housing history - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested 12 Months housing history provided with updated 1003 & LOX, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Second Valuation is Missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 Provide Secondary Property Valuation - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Second Valuation is Missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119828 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | DSCR Does Not Meet Guideline Requirements | Waived- - Due Diligence Vendor-XXXX <br>Waived-Exception provided on page #270. Exception requested for DSCR under 1.0 on a cash-out file. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #270. Exception requested for DSCR under 1.0 on a cash-out file. - Due Diligence Vendor-XXXX<br>|  |  | 62.02% LTV is below the maximum 75% LTV by 12.98%.<br> 754 Representative credit score exceeds the minimum required of 700 by 54 points | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119847 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Per GL's DTI can go up to 55% with the following parameters: Purchase – LTV <75% & FICO >740. Loan amount XXXX/Sales Price XXXX= 74.99%LTV - Due Diligence Vendor-XXXX <br> Open-Audited DTI Exceeds Guideline DTI - Due Diligence Vendor-XXXX <br> Resolved-Per GL's DTI can go up to 55% with the following parameters: Purchase – LTV <75% & FICO >740. Loan amount XXXX/Sales Price XXXX= 74.99%LTV - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Resolved-DTI can go up to 55% with the following parameters (Purchase – LTV <75% & FICO >740), updated & condition resolved. - Due Diligence Vendor-XXXX <br> Resolved-Audited DTI Exceeds Guideline DTI DTI can go up to 55% with the following parameters (Purchase – LTV <75% & FICO >740), updated & condition resolved. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. - Seller-XXXX <br> Open-Audited DTI Exceeds Guideline DTI Provide approved exception for DTI 54.90% exceeds Guideline DTI of 50% - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Per GL's DTI can go up to 55% with the following parameters: Purchase – LTV <75% & FICO >740. Loan amount XXXX/Sales Price XXXX= 74.99%LTV - Due Diligence Vendor-XXXX <br> Resolved-Per GL's DTI can go up to 55% with the following parameters: Purchase – LTV <75% & FICO >740. Loan amount XXXX/Sales Price XXXX= 74.99%LTV - Due Diligence Vendor-XXXX <br> Resolved- - Due Diligence Vendor-XXXX <br> Resolved-DTI can go up to 55% with the following parameters (Purchase – LTV <75% & FICO >740), updated & condition resolved. - Due Diligence Vendor-XXXX <br> Resolved-Audited DTI Exceeds Guideline DTI DTI can go up to 55% with the following parameters (Purchase – LTV <75% & FICO >740), updated & condition resolved. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 4 Does Not Meet Guideline Requirements | Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Resolved-Rec'd evidence of 2 transfers from donor totaling XXXX/resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide evidence of transfer of gift funds in the amt of XXXX - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Asset 4 Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Resolved-Rec'd evidence of 2 transfers from donor totaling XXXX/resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Asset 1 Missing | Resolved-rec'd updated bank transaction stmt/resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide XXXX XXXX reflecting a balance of XXXX as per final 1003 - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-rec'd updated bank transaction stmt/resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset depletion Lender Worksheet - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested asset depletion income calculator provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119847 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Residual income requirement not met. | Waived-Exception provided on page #742. Exception requested for Final residual income is also XXXX below the XXXX0 requirement for 2-person household - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #742. Exception requested for Final residual income is also XXXX below the XXXX0 requirement for 2-person household - Due Diligence Vendor-XXXX<br>|  |  | 74.99% LTV is below the maximum 90% LTV by 15.01%.<br> 798 Representative credit score exceeds the minimum required of 760 by 38 points | XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119845 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. <br> - Due Diligence Vendor-XXXX <br>Resolved-TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #514 and the Final Closing disclosure on Pg #183-187 reflects escrows. Rate lock date was entered correctly – see Pg #177. An interior and exterior appraisal was completed for this property – see Pg #61-66, the appraisal disclosure was provided to the borrower(s)- see Pg #612 and copy of the appraisal was given to the borrower – see Pg #169 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Resolved-The loan's (7.991%) APR equals or exceeds the Federal HPML threshold of (7.67%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.17%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #514and the Final Closing disclosure on Pg #183-187 reflects escrows. Rate lock date was entered correctly – see Pg #177. An interior and exterior appraisal was completed for this property – see Pg #61-66, the appraisal disclosure was provided to the borrower(s)- see Pg #169, 612 and copy of the appraisal was given to the borrower – see Pg #169, 612 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan meets HPML Guidelines and is a Compliant HPML loan. <br> - Due Diligence Vendor-XXXX <br> Resolved-TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #514 and the Final Closing disclosure on Pg #183-187 reflects escrows. Rate lock date was entered correctly – see Pg #177. An interior and exterior appraisal was completed for this property – see Pg #61-66, the appraisal disclosure was provided to the borrower(s)- see Pg #612 and copy of the appraisal was given to the borrower – see Pg #169 for the copy of the disclosure. The loan meets HPML guidelines - Due Diligence Vendor-XXXX <br> Resolved-The loan's (7.991%) APR equals or exceeds the Federal HPML threshold of (7.67%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.17%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #514and the Final Closing disclosure on Pg #183-187 reflects escrows. Rate lock date was entered correctly – see Pg #177. An interior and exterior appraisal was completed for this property – see Pg #61-66, the appraisal disclosure was provided to the borrower(s)- see Pg #169, 612 and copy of the appraisal was given to the borrower – see Pg #169, 612 for the copy of the disclosure. The loan meets HPML guidelines. - Due Diligence Vendor-XXXX |  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119831 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited FICO is less than Guideline requirements | Waived-Audited FICO of 668 is less than Guideline FICO of 680 Exception provided on page #317. Exception requested for Credit score 668 wants to do cash out refinance at 70% LTV. - Due Diligence Vendor-XXXX |  | Waived-Audited FICO of 668 is less than Guideline FICO of 680 Exception provided on page #317. Exception requested for Credit score 668 wants to do cash out refinance at 70% LTV. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history.<br> XXXX reserves exceed the minimum required of XXXX, exceeds the minimum by 18 months over the required minimum.<br> Housing history is 0x30x24.<br>| XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119844 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received rate lock. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Provided Evidence of Rate Lock. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received rate lock. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119844 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #405. Exception requested for Exception to do Cash Out loan at 80%, also new ownership less than 6 months so far. The borrower used some of their own funds to complete the XXXX and they are wanting to recoup some of their money they have into the project, along with paying off the initial reno mortgage. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #405. Exception requested for Exception to do Cash Out loan at 80%, also new ownership less than 6 months so far. The borrower used some of their own funds to complete the XXXX and they are wanting to recoup some of their money they have into the project, along with paying off the initial reno mortgage. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> DSCR ratio of 1.318 exceeds the minimum requirement of 0.75 by 0.568 points.<br> 728 Representative credit score exceeds the minimum required of 700 by 28 points.<br> Monthly reserves is verified and at least 4 months more than guideline minimum.<br> Borrower has real estate investment experience as seasoned investor with more than 2 prior investments displaying at least 0x30x12 pay history. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119846 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received Business Narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Received Business Narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119846 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received asset depletion calculator. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset depletion worksheet.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Received asset depletion calculator. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119846 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Residual income requirement not met. | Waived-Exception provided on page #434. Exception requested for Exception for having less than the required residual income (XXXX, but family of 4 would call for XXXX threshold). - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #434. Exception requested for Exception for having less than the required residual income (XXXX5, but family of 4 would call for XXXX0 threshold). - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 55.95% LTV is below the maximum 75% LTV by 19.05%.<br> 761 Representative credit score exceeds the minimum required of 700 by 61 points<br> Borrower has worked in same industry more than XXXX. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119846 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #434. Exception requested for for the Asset Depletion being used along with Bank Statement income though it makes up under <25% of total income (a small 2% portion keeps ratio under the cap). - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception provided on page #434. Exception requested for for the Asset Depletion being used along with Bank Statement income though it makes up under <25% of total income (a small 2% portion keeps ratio under the cap). - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 55.95% LTV is below the maximum 75% LTV by 19.05%.<br> 761 Representative credit score exceeds the minimum required of 700 by 61 points<br> Borrower has worked in same industry more than XXXX. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119807 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received confirmation of tax calculations, resolved. - Due Diligence Vendor-XXXX <br> Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX <br> Ready for Review-Used the purchase price at 1.25%. It is higher than the actual. - Seller-XXXX <br> Counter-Title shows taxes as XXXX semi annually for XXXX annually/12= XXXX.XXXX monthly/3= XXXX. Borrower was approved with a monthly property taxes of XXXX provide tax certification or break down of taxes, countered. - Due Diligence Vendor-XXXX <br> Ready for Review-This is a TIC. The taxes are for the entire complex. - Seller-XXXX <br> Open-Missing Evidence of Property Tax Missing tax certificate for the subject unit. - Due Diligence Vendor-XXXX | Ready for Review-Used the purchase price at 1.25%. It is higher than the actual. - Seller-XXXX <br>Ready for Review-This is a TIC. The taxes are for the entire complex. - Seller-XXXX<br>| Resolved-Received confirmation of tax calculations, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119860 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client elects to waive with the following compensating factors:<br> Audited LTV of 79.77% exceeds Guideline LTV of 75% As per guidelines XXXX XXXX P&L FICO 720 Max loan amount XXXX cash out refinance LTV is 75% - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded exception - Seller-XXXX <br> Open-Audited LTV of 79.77% exceeds Guideline LTV of 75% As per guidelines XXXX XXXX P&L FICO 720 Max loan amount XXXX cash out refinance LTV is 75%. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded exception - Seller-XXXX<br>| Waived-Client elects to waive with the following compensating factors:<br> Audited LTV of 79.77% exceeds Guideline LTV of 75% As per guidelines XXXX XXXX P&L FICO 720 Max loan amount XXXX cash out refinance LTV is 75% - Due Diligence Vendor-XXXX<br>| XXXX |  | Guideline required FICO 720, audited FICO 789 difference of 67<br> Guideline required reserves 6 months, audited reserves of 98.4 difference of 92.42<br> Guideline required DTI 50%, Audited DTI 42.1 difference of 7.9% | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119861 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX500 is equal to or greater than Total Amount of Subject Lien(s) Received final title policy, resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded the final policy - Seller-XXXX <br>Open-Title Coverage Amount of XXXX is Less than Loan Amount Title insurance amount on tilt is XXXX and loan amount is XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded the final policy - Seller-XXXX<br>| Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) Received final title policy, resolved. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119861 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV of 76.28% exceeds Guideline LTV of 70% Client elects to waive with the following compensating factors:<br> Per guidelines FICO 720 for investment property Cash out out LTV is 70.<br> Exception is on page 236: XXXX guideline allows 80% LTV. Max cash proceeds or after payoffs and closing cost is Waived-Audited LTV of 76.28% exceeds Guideline LTV of 70% Client elects to waive with the following compensating factors:<br> Per guidelines FICO 720 for investment property Cash out out LTV is 70.<br> Exception is on page 236: XXXX guideline allows 80% LTV. Max cash proceeds or after payoffs and closing cost is 41.99% DTI is below the maximum 50% DTI by 8.01%.<br> 789 Representative credit score exceeds the minimum required of 720 by 69 points<br> 107.16 months reserves exceeds the minimum required of 6 months by 101 months.<br> XXXX Investment Refinance Cash Out - Other XXXX Originator Pre-Close Yes |  |  |  |  |  |  |  |  |  |  |  |  |
| XXXX | XXXX | 4350119835 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing subject rental income documentation | Resolved-Requested STR docs from XXXX provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-short term rental documentation missing in file. used to qualify Rental Income Using str income, which is XXXX2.50 a month, DSCR as per originator 0.93 page#683 and as per Audited 0.888. Provide STR documentation. <br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested STR docs from XXXX provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119843 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Received Final DSCR calculator 1.13. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Counter-Received DSCR worksheet showing loan amount as XXXX causing the difference in PI. Loan is currently locked at XXXX. Provide updated DSCR calculator with loan amount and PI based on XXXX unless loan amount needs to be changed. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. PER UW: "I disagree with your findings; the difference is less then 10% threshold and my DSCR CALC was based on higher P & I" Please see the attached final DSCR Calc - Seller-XXXX <br>Open-DSCR Discrepancy. Originator DSCR is 1.07 v/s the calculated DSCR of 1.13. The DSCR discrepancy is due to the P&I amount of XXXX reflected on the DSCR worksheet, while the audited P&I on the Note is XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see the attached - Seller-XXXX <br>Ready for Review-Document Uploaded. PER UW: "I disagree with your findings; the difference is less then 10% threshold and my DSCR CALC was based on higher P & I" Please see the attached final DSCR Calc - Seller-XXXX<br>| Resolved-Received Final DSCR calculator 1.13. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119843 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Property | Property is listed for sale | Resolved-Provided XXXX shows clearly property was off market for sale. Resolved.<br> - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Per UW: "Hello , our transaction is RATE/TERM refinance and the property at time of transaction was not for sale. Yes, the appraiser stated the property was sold XXXX because our borrower XXXX XXXX did acquire the property on XXXX and appraiser has to state property was offered for sale in last 12 mths. Attached is the copy of XXXX shows clearly was off market for sale - Seller-XXXX <br> Open-The subject property currently offered for sale or has it been offered for sale in the 6 months prior to the effective date of appraisal. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Per UW: "Hello , our transaction is RATE/TERM refinance and the property at time of transaction was not for sale. Yes, the appraiser stated the property was XXXX because our borrower XXXX XXXX did acquire the property on XXXX and appraiser has to state property was offered for sale in last 12 mths. Attached is the copy of XXXX shows clearly was off market for sale - Seller-XXXX | Resolved-Provided XXXX shows clearly property was off market for sale. Resolved.<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119843 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception provided on page #404. Exception requested for Need exception approval for LTV/CLTV exceed 70% for "Rate/Term refinance we are paying off a private lender and also cash back to borrower on this loan exceed the program guideline. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception provided on page #404. Exception requested for Need exception approval for LTV/CLTV exceed 70% for "Rate/Term refinance we are paying off a private lender and also cash back to borrower on this loan exceed the program guideline. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> DSCR ratio of 1.13 exceeds the minimum requirement of 0.75 by .0.38 points.<br> XXXX reserves exceed the minimum required of XXXX6.78 exceeds the minimum by 6 months over the required minimum.<br> 0x30 mortgage history for 34 months. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119848 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Property | Property | Property has been listed for sale in the past 6 months | Waived-We have exception in file on page #359 for cash-out refi with only recent seasoning under borrower name - purchase in cash was XXXX but only deeded in wife's name. (She will remain on title also for continuity, but the borrower for new loan is just added). - Due Diligence Vendor-XXXX |  | Waived-We have exception in file on page #359 for cash-out refi with only recent seasoning under borrower name - purchase in cash was XXXX XXXX but only deeded in wife's name. (She will remain on title also for continuity, but the borrower for new loan is just added). - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 74 months over the required minimum.<br> 0x30 mortgage history for 29 months.<br> Borrower has long credit history since XXXX. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119849 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | Missing subject rental income documentation | Resolved-Short term rent statement from XXXX provided. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Short term rental documentation used to qualify for rental Income in the amount of XXXX.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Short term rent statement from XXXX provided. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119849 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Deficient subject rental income documentation. | Waived-Exception provided on page #369. Exception requesting to use the actual owner statement attached from XXXXs from XXXX- XXXX for proof of yearly rental income of XXXX (net to owner XXXXK) to calculate the annual estimated STR income for DSCR percentage, instead of using lower XXXX analysis of XXXX for STR income. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #369. Exception requesting to use the actual owner statement attached from XXXXs from XXXX- XXXX for proof of yearly rental income of XXXX (net to owner XXXXK) to calculate the annual estimated STR income for DSCR percentage, instead of using lower XXXX analysis of XXXX for STR income. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 724 Representative credit score exceeds the minimum required of 700 by 24 points.<br> 75% LTV is equal to the maximum of 75% LTV.<br> DSCR is 1.40. Minimum required per guidelines is 0.75. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119804 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception is to allow LTV @ 80% with 718 credit score - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Buyer-XXXX <br>Open-Audited LTV of 80% exceeds Guideline LTV of 70% As per matrix for Investment Cash-Out with Qualifying FICO 718 the Max LTV is 70%. Audited LTV 80% Exceeds Guideline LTV 70%. Provide Exception - Due Diligence Vendor-XXXX |  | Waived-Exception is to allow LTV @ 80% with 718 credit score - Due Diligence Vendor-XXXX<br>| XXXX |  | XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 3 months over the required minimum.<br> High Discretionary Income of XXXX | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119804 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing Exception Request Form is on page #488<br>Exception to waive soft credit pull - Due Diligence Vendor-XXXX |  | Waived-Borrower 1 Gap Credit Report is Missing Exception Request Form is on page #488<br>Exception to waive soft credit pull - Due Diligence Vendor-XXXX<br>|  |  | XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 3 months over the required minimum.<br> High Discretionary Income of XXXX | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119813 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation/Appraisla report is missing is missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 The file is missing secondary valuation or additional valuation. Provide a XXXX or XXXX UCDP/SSR report with a score less than 2.5, or an appraisal desk review.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Secondary Valuation/Appraisla report is missing is missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Third Party Market Rent Source (IE. 1007, 1025, etc.) | Resolved-Validation Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Third party market rent estimate is missing, a document establishing third party market rent source is missing from file, such as a 1007, 1025, etc. Provide XXXX Short term rental document. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Validation Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Asset Record 3 Does Not Meet G/L Requirements Provide supporting document for Gift funds in the amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Asset Record 3 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-Received confirmation of DSCR ratio. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide DSCR worksheet. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received confirmation of DSCR ratio. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved-Final 1003 uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Received Final 1003. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-The Final 1003 is Missing Provide Final 1003. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Final 1003 uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-Received Final 1003. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119855 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Assets | Asset General | Waived-Exception provided on page #280. Exception requested for Use of gift funds for a rate/term refi as loan payoff is well above new loan amount. Gift funds will be given in amount of XXXXk. Borrowers will cover the rest of XXXXK cash to close and 6 months reserves. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #280. Exception requested for Use of gift funds for a rate/term refi as loan payoff is well above new loan amount. Gift funds will be given in amount of XXXXk. Borrowers will cover the rest of XXXXK cash to close and 6 months reserves. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 0x30 mortgage history for 80 months.<br> DSCR ratio of 1.86 exceeds the minimum requirement of 0.75 by 1.11 points.<br> Borrower has long stable credit history since XXXX | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119832 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #298. Exception Request for LTV of 75%. Per guidelines the max LTV on an investment property where the DSCR is less than 1.0 the max LTV is 70%. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #298. Exception Request for LTV of 75%. Per guidelines the max LTV on an investment property where the DSCR is less than 1.0 the max LTV is 70%. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 779 Representative credit score exceeds the minimum required of 700 by 79 points.<br> Monthly reserves is verified AND at least 4 months more than guideline minimum.<br> Clients have excellent credit history since XXXX. | XXXX | Investment | Purchase | NA | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350119806 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Rescission:Disbursement | Federal - Right of Rescission (Loan Disbursement Violation) (TILA) | Resolved-PCCD provided, resolved. - Due Diligence Vendor-XXXX <br> Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br> Counter-Missing Final CD with disbursement date on a CD. Alta statement cannot be used in place of a CD for primary refinances. The Alta settlement statement are used with HUD-1's (Investment). The Alta settlement statement is not meant to replace the CFPB's closing disclosure which went into effect on XXXX. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br> Counter-Missing Post close CD with disbursement date, counter. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The loan disbursement date (XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) Missing final CD dated XXXX. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX<br>| Resolved-PCCD provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119806 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Received TIC agreement and approval from the law office, resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Open-Loan does not conform to program guidelines Missing TIC agreement and approval from the Law Office. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded - Seller-XXXX<br>| Resolved-Received TIC agreement and approval from the law office, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119806 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Credit | Appraisal deficiency. | Waived-Client elects to waive with the following compensating factors:<br> Appraisal is on a 1004 and not a 1073 form. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded waiver (exception) - Seller-XXXX <br>Open-TIC are to be on a 1073 condo appraisal form, 1004 in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded waiver (exception) - Seller-XXXX<br>| Waived-Client elects to waive with the following compensating factors:<br> Appraisal is on a 1004 and not a 1073 form. - Due Diligence Vendor-XXXX<br>| XXXX |  | Guideline LTV 80, Qualifying LTV 46.97<br> Guideline min FICO 720, Qualifying FICO 779<br> Guideline required month reserves 6, Qualifying total months reserves 108.28 | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350119853 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-As per the Mortgage statement on page #440, Borrower is not part of mortgage for the primary residence hence considered borrower as living rent free, updated & condition resolved - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Provide VOM to verify 12 months of Primary housing history for property XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-As per the Mortgage statement on page #440, Borrower is not part of mortgage for the primary residence hence considered borrower as living rent free, updated & condition resolved - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Requested wire proof for gift funds provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Gift letter & donor's ability obtained prior to CTC and final CD reflecting proof of receipt of funds obtained at closing in file. Proof of receipt of funds were transferred is closing condition - gift was being sent to title/escrow agent at closing - see attached documents. - Seller-XXXX <br>Open-Asset Record 2 Does Not Meet G/L Requirements Provide supporting documentation for Gifts funds in the amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Gift letter & donor's ability obtained prior to CTC and final CD reflecting proof of receipt of funds obtained at closing in file. Proof of receipt of funds were transferred is closing condition - gift was being sent to title/escrow agent at closing - see attached documents. - Seller-XXXX<br>| Resolved-Requested wire proof for gift funds provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Invalid Condition, as 12 Months of Business bank statements are already present in file, updated & condition resolved.<br> - Due Diligence Vendor-XXXX <br> Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Most recent bank statement for XXXX bank account XXXX was XXXX - borrower does not have XXXX bank account<br> Please see attached - Seller-XXXX <br> Open-Borrower 1 Business Bank Statements Missing Provide Bank statement for XXXX for account XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Most recent bank statement for XXXX bank account XXXX was XXXX - borrower does not have XXXX bank account<br> Please see attached - Seller-XXXX<br>| Resolved-Invalid Condition, as 12 Months of Business bank statements are already present in file, updated & condition resolved.<br> - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 Business Bank Statements Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Requested Lender income calculation sheet provided for #XXXX, updated & condition resolved. - Due Diligence Vendor-XXXX <br> Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Bank statement calculator in file prior to CTC reflects both account XXXX XXXX & XXXX # XXXX on one sheet. Attached is updated worksheet showing each account on separate worksheets. - Seller-XXXX <br> Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Bank statement income worksheet for XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Bank statement calculator in file prior to CTC reflects both account XXXX XXXX & XXXX XXXX on one sheet. Attached is updated worksheet showing each account on separate worksheets. - Seller-XXXX | Resolved-Requested Lender income calculation sheet provided for XXXX, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119854 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Credit | Assignment of rent; missing or deficient | Waived- Exception provided on page #627. Exception Request for Exception to use new lease agreement for vacated prior home with no verifiable proof of first month rent payment – first month rent and security deposit paid in cash and deposited in borrower's business bank account - unable to provide paper trail for rent payment directly from tenant. Exception provided on page #627. Exception Request for Exception to use new lease agreement for vacated prior home with no verifiable proof of first month rent payment – first month rent and security deposit paid in cash and deposited in borrower's business bank account - unable to provide paper trail for rent payment directly from tenant. - Due Diligence Vendor-XXXX |  | Waived- Exception provided on page #627. Exception Request for Exception to use new lease agreement for vacated prior home with no verifiable proof of first month rent payment – first month rent and security deposit paid in cash and deposited in borrower's business bank account - unable to provide paper trail for rent payment directly from tenant. Exception provided on page #627. Exception Request for Exception to use new lease agreement for vacated prior home with no verifiable proof of first month rent payment – first month rent and security deposit paid in cash and deposited in borrower's business bank account - unable to provide paper trail for rent payment directly from tenant. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 46.30% DTI is below the maximum 50% DTI by 3.7%.<br> 0X30 Mortgage history.<br> Large residual income of XXXX remaining after all expenses.<br>| XXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119836 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119836 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Requested VOM Provided with 60+ months of primary housing history, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Provide VOM to verify 12 months of Primary housing history. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested VOM Provided with 60+ months of primary housing history, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119836 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #736. Exception Request for 1) Request for 70% LTV with 692 score . - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Exception provided on page #736. Exception Request for 1) Request for 70% LTV with 692 score . - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 26.45% DTI is below the maximum 50% DTI by 23.55%.<br> 661 Representative credit score exceeds the minimum required of 660 by 1 point.<br> Large reserves from cash back. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119836 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Income/Employment | Borrower 2 Total Years Employment Verified is Less Than 24 Months | Waived-Exception provided on page #736. Exception Request for 2) Second borrower has only 1+ year of business ownership, without prior related work - XXXX has been 100% owned all along but switched from 100% borrower to now 51/49 split between borrowers. - Due Diligence Vendor-XXXX |  | Waived-Exception provided on page #736. Exception Request for 2) Second borrower has only 1+ year of business ownership, without prior related work - XXXX has been 100% owned all along but switched from 100% borrower to now 51/49 split between borrowers. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 26.45% DTI is below the maximum 50% DTI by 23.55%.<br> 661 Representative credit score exceeds the minimum required of 660 by 1 point.<br> Large reserves from cash back. | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119836 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (7.715%) APR equals or exceeds the Federal HPML threshold of (7.6%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.1%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #680 and the Final Closing disclosure on Pg #327-332 reflects escrows. Rate lock date was entered correctly – see Pg #320 An interior and exterior appraisal was completed for this property – see Pg #41-44, the appraisal disclosure was provided to the borrower(s)- see Pg #316, 775 and copy of the appraisal was given to the borrower – see Pg #316, 775 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (7.715%) APR equals or exceeds the Federal HPML threshold of (7.6%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.1%).(12 CFR 1026.35(a)(1)(i)) "This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg #680 and the Final Closing disclosure on Pg #327-332 reflects escrows. Rate lock date was entered correctly – see Pg #320 An interior and exterior appraisal was completed for this property – see Pg #41-44, the appraisal disclosure was provided to the borrower(s)- see Pg #316, 775 and copy of the appraisal was given to the borrower – see Pg #316, 775 for the copy of the disclosure. The loan meets HPML guidelines. "<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119812 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Received 1003 with citizenship status marked Updated 1003 and Fraud page. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Final 1003 does not have citizenship marked need to have this updated - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Received 1003 with citizenship status marked Updated 1003 and Fraud page. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119812 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Exception is for not having sufficient reserves. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please see attached - Seller-XXXX <br>Open-Per GL requirements, reserves must total 14 months. However, the audited reserves are 9.53 months, which is below the GL requirement. This results in a reserve shortage of 4.47 months, equal to XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. please see attached - Seller-XXXX<br>| Waived-Exception is for not having sufficient reserves. - Due Diligence Vendor-XXXX<br>| XXXX |  | 24.98% DTI is below the maximum 50% DTI by 25.02%.<br> Borrower has XXXX residual income after all expenses. Minimum required per guideline is XXXX.<br> Borrower has been employed at current job for 5 years.  | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119812 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved- - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved- - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119812 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Received updated 1008 with DTI now in line. Updated 1008 page. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Please see attached - Buyer-XXXX <br> Open-Based off credit report primary mortgage total payment is XXXX for the front end and back end DTI is at 30.48 Worksheet has it at 12.41 and 1008 has it at 10.26 - Due Diligence Vendor-XXXX |  | Resolved-Received updated 1008 with DTI now in line. Updated 1008 page. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119812 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Loan does not conform to program guidelines Exception present on page #575 Exception requested to use borrowers Foreign National FICO of 700 to qualify. - Due Diligence Vendor-XXXX |  | Waived-Loan does not conform to program guidelines Exception present on page #575 Exception requested to use borrowers Foreign National FICO of 700 to qualify. - Due Diligence Vendor-XXXX<br>|  |  | 24.98% DTI is below the maximum 50% DTI by 25.02%.<br> Borrower has XXXX residual income after all expenses. Minimum required per guideline is XXXX.<br> Borrower has been employed at current job for 5 years. <br>| XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119834 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119834 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock document provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Rate lock. Only received float lock agreement. <br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested lock document provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119837 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Insurer LOX for RCE and Dwelling amount provided. - Due Diligence Vendor-XXXX <br> Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'N/A') - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Borrower has dwelling coverage of XXXX per the agent it is insured as 25% above the dwelling coverage<br>XXXX plus the 25% XXXX total of XXXX - Seller-XXXX <br> Open-Hazard Insurance Coverage Amount of XXXX is less than Required Coverage Amount of XXXX and Guaranteed Replacement Coverage indicator is 'N/A' The Hazard Insurance Coverage Amount of XXXX is less than the Required Coverage Amount of XXXX. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Borrower has dwelling coverage of XXXX per the agent it is insured as 25% above the dwelling coverage<br>XXXX plus the 25% XXXX total of XXXX - Seller-XXXX | Resolved-Insurer LOX for RCE and Dwelling amount provided. - Due Diligence Vendor-XXXX <br>Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'N/A') - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119837 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset Depletion worksheet missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Lender Income Calculation Worksheet uploaded, Verified & entered in system - Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119837 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of rate lock uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Rate Lock missing. <br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Evidence of rate lock uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Business Narrative uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open- Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Business Narrative uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Homeowners Association Questionnaire | Resolved-Homeowners Association Questionnaire uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-HOA Questionnaire is Missing or Partial. Provide HOA Questionnaire. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Homeowners Association Questionnaire uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Resolved-HOA Questionnaire is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Condo Rider is Missing | Resolved-The Condo Rider is Present - Due Diligence Vendor-XXXX <br>Resolved-Condo Rider uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Condo Rider is Missing Provide Condo Rider. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-The Condo Rider is Present - Due Diligence Vendor-XXXX <br>Resolved-Condo Rider uploaded, Verified & entered in system - Resolved<br> - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Requested Deed of trust document provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-The Deed of Trust is Missing Provide Deed of Trust. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested Deed of trust document provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119852 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Second Home Rider is Missing | Resolved-Requested Second home rider provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide Second Home Rider. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested Second home rider provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119851 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119857 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Income/Employment | Borrower 1 Paystubs Less Than 1 Month Provided | Resolved-Requested 1 Month paystub provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 Paystubs Less Than 1 Month Provided Condition Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Please see attached - Seller-XXXX <br>Open-Borrower 1 Paystubs Less Than 1 Month Provided Provide an additional paystub. Paystub provided is less than 1 month. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Please see attached - Seller-XXXX<br>| Resolved-Requested 1 Month paystub provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Borrower 1 Paystubs Less Than 1 Month Provided Condition Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119814 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Requested alerts cleared fraud report provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX <br>Open-Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 442) is showing uncleared alert, provide updated fraud report.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX<br>| Resolved-Requested alerts cleared fraud report provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119859 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV Requirements | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 85% Audited LTV Exceeds Guideline LTV Per Prime Non Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX |  | Waived-Audited CLTV of 90% exceeds Guideline CLTV of 85% Audited LTV Exceeds Guideline LTV Per Prime Non Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 23.99% DTI is below the maximum 50% DTI by 26.01%.<br> XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 6 months over the required minimum.<br> 0x30 mortgage history for 44 months. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119859 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Waived-Audited HLTV of 90% exceeds Guideline HCLTV of 85% Audited LTV Exceeds Guideline LTV Per Prime Non Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX |  | Waived-Audited HLTV of 90% exceeds Guideline HCLTV of 85% Audited LTV Exceeds Guideline LTV Per Prime Non Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 23.99% DTI is below the maximum 50% DTI by 26.01%.<br> XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 6 months over the required minimum.<br> 0x30 mortgage history for 44 months. | XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119859 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Business Narrative | Resolved-Received business narrative. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Business Narrative. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received business narrative. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119859 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Audited LTV Exceeds Guideline LTV Per Prime Non-Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX |  | Waived-Audited LTV Exceeds Guideline LTV Per Prime Non-Agency GL (p. 35), Alt Doc Second Home requires a 760 FICO for 90% LTV. However audited FICO is 753, An Exception provided on page #432. Exception requested for 90% LTV on Second Home purchase, with credit score below 760 requirement for Alt Doc. - Due Diligence Vendor-XXXX<br>|  |  | Client elects to waive with the following compensating factors:<br> 23.99% DTI is below the maximum 50% DTI by 26.01%.<br> XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 6 months over the required minimum.<br> 0x30 mortgage history for 44 months.<br>| XXXX | Second Home | Purchase | NA | XXXX | Originator Pre-Close | No |
| XXXX | XXXX | 4350119810 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Asset 3 Missing | Resolved-Seasoned funds in the amount of XXXX from XXXX. Good to move fwd. - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The XXXXk large deposit on XXXX was from XXXX and is considered seasoned. This should not need to be sourced. - Seller-XXXX <br> Counter-Need to source the XXXX deposit on XXXX showing where the funds came from in XXXX acct - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Funds into XXXX were from the closing of the borrowers acct XXXX - Seller-XXXX <br> Open-Have access letter stating Bwr has 100% access to all funds in account XXXX, which has grandfather named on that account, need wire confirmation from grandfather showing where the funds came from. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. The XXXXk large deposit on XXXX was from XXXX and is considered seasoned. This should not need to be sourced. - Seller-XXXX <br> Ready for Review-Document Uploaded. Funds into XXXX were from the closing of the borrowers acct XXXX - Seller-XXXX | Resolved-Seasoned funds in the amount of XXXX from 1/XXXX/XXXX. Good to move fwd. - Due Diligence Vendor-XXXX | XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119810 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 The file is missing secondary valuation or additional valuation. Provide a XXXX or XXXX UCDP/SSR report with a score less than 2.5, or an appraisal desk review.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested secondary valuation provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119809 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-received cleared fraud report - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX <br>Open-Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 343) is showing uncleared alert, provide updated fraud report.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. cleared alerts - Seller-XXXX<br>| Resolved-received cleared fraud report - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119858 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-Requested DOT with associated riders provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-The Deed of Trust is Missing Provide Deed of Trust and any riders if applicable. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Requested DOT with associated riders provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Resolved-The Deed of Trust is Present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119858 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. see attached - Seller-XXXX <br>Open-Provide evidence of Rate lock. Received float agreement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. see attached - Seller-XXXX<br>| Resolved-Requested lock confirmation provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119838 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Rate lock agreement provided, resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Rate Lock document missing in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Rate lock agreement provided, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119827 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Photo Identification Type Missing | Resolved-Requested temporary Operator's License with 2 months extension provided, updated & condition resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Provide unexpired Photo identification for borrower. Drivers license provided expired on XXXX.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Requested temporary Operator's License with 2 months extension provided, updated & condition resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119850 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Coverage Amount is less than Required Coverage Amount | Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'No') - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. - Seller-XXXX <br>Open-Hazard Insurance Coverage Amount of XXXX is less than Required Coverage Amount of XXXX and Guaranteed Replacement Coverage indicator is 'N/A' The hazard insurance coverage amount of XXXX is insufficient compared to the loan amount of XXXX, and the policy does not provide guaranteed replacement cost coverage. No replacement cost estimator present in file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. - Seller-XXXX<br>| Resolved-Hazard Insurance Coverage Amount of XXXX is equal to or greater than Required Coverage Amount of XXXX or Guaranteed Replacement Coverage is present (Guaranteed Replacement Coverage indicator is 'No') - Due Diligence Vendor-XXXX<br>| XXXX |  | Replacement cost estimator provided, resolved. | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119820 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-VOR is misisng in file, provided rent payment History, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Rental Agreement and Rent payments - Seller-XXXX <br>Open-VOR/VOM Doc Status should not be 'Missing'. Per GL XXXX page #16, 12-month housing history required for primary residence. Borrower are renting at their current address. hence, provide VOR for 12 months rent history. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Rental Agreement and Rent payments - Seller-XXXX<br>| Resolved-VOR is misisng in file, provided rent payment History, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119820 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Secondary Valuation is missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Freddie SSR - LCA Score of 1 - Seller-XXXX <br>Open-Secondary Valuation or Additional Valuation (with acceptable variance to Primary) is missing per guideline requirements and CU Score, if present, is greater than 2.5 The file is missing secondary valuation or additional valuation. Provide a XXXX or XXXX UCDP/SSR report with a score less than 2.5, or an appraisal desk review.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Freddie SSR - LCA Score of 1 - Seller-XXXX<br>| Resolved-Secondary Valuation is missing in file, provided the same, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Secondary Valuation or Additional Valuation is present or Not Required - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119823 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material D B | Property | Missing Doc | Appraisal 2 missing | Waived- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. please see attached - Buyer-XXXX <br> Open-Loan amount is greater than XXXX million based on guidelines requires 2 full appraisals. - Due Diligence Vendor-XXXX |  |  | XXXX |  | 49.35% LTV is below the maximum 75% LTV by 25.65%.<br> 11.39% DTI is below the maximum 50% DTI by 38.61%.<br> Borrower has been employed at current job for 21 years. | XXXX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119841 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Received asset depletion calculator. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Provide Asset depletion worksheet for Borrower 2. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Received asset depletion calculator. - Due Diligence Vendor-XXXX <br>Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119841 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Rate lock received. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. See attached - Seller-XXXX <br>Open-Provide Evidence of Rate lock. Received float agreement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. See attached - Seller-XXXX<br>| Resolved-Rate lock received. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119822 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. There was a valid COC/Redisclosure on 2/23 due to a rate change, impacting the pricing. Attached redisclosure, with detailed COC form included - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Provide COC for decrease in lender credits from revised LEXXXX to CD XXXX - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. There was a valid COC/Redisclosure on XXXX due to a rate change, impacting the pricing. Attached redisclosure, with detailed COC form included - Seller-XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119822 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Validation Resolved' - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Income worksheet - Seller-XXXX <br>Open-Bank Statement Summary Lender Worksheet / Income Calculator is Missing for one or more borrowers. Asset Depletion calculator not in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Income worksheet - Seller-XXXX<br>| Resolved-Validation Resolved' - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119822 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | Data | The Initial 1003 is Incomplete | Resolved-received page 5 of 8 with LO signature dated XXXX - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. LO Signed 1003 - Seller-XXXX <br>Open-Provide Initial 1003 with LO signature. LO signature missing in Initial & final 1003. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. LO Signed 1003 - Seller-XXXX<br>| Resolved-received page 5 of 8 with LO signature dated XXXX - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119822 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Ineligible Housing History per program guidelines | Resolved-Unable to verify 12 month housing history, provided primary Mortgage account History, verified from Fraud Report also, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Housing History - Seller-XXXX <br>Open-Housing History Does Not Meet Guideline Requirements Provide 12 months housing history. 12 months housing history missing. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Housing History - Seller-XXXX<br>| Resolved-Unable to verify 12 month housing history, provided primary Mortgage account History, verified from Fraud Report also, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119819 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client elects to waive with the following compensating factors:<br> Exception approval uploaded to findings.<br> Exception is to allow the use of the settlement statement from the closing on XXXX for the borrowers property taxes and insurance on the non subject property. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Waiver uploaded - Seller-XXXX <br>Counter-1003 provided however missing proof of mortgage payment amount (First payment letter, something verifying mortgage payment amount), countered. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Counter-Missing payment amount for mortgage at XXXX. This needs to be added to the liabilities. Received ALTA statement showing taxes and insurance however does not include payment amount and closed prior to subject loan, countered. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded - The figures are on the settlement statement. - Seller-XXXX <br>Counter-Missing tax and HOI documents for XXXX. - Due Diligence Vendor-XXXX <br>Ready for Review-The Note is dated XXXX - no statement, just close and no payment due per the note. - Seller-XXXX <br>Open-Loan does not conform to program guidelines Missing mortgage statement showing payment amount, tax and HOI documents for XXXX. Closing disclosure and note in file only. Note does not state a payment amount. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Waiver uploaded - Seller-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Ready for Review-Document Uploaded. Uploaded - The figures are on the settlement statement. - Seller-XXXX <br>Ready for Review-The Note is dated XXXX - no statement, just close and no payment due per the note. - Seller-XXXX<br>| Waived-Client elects to waive with the following compensating factors:<br> Exception approval uploaded to findings.<br> Exception is to allow the use of the settlement statement from the closing on XXXX for the borrowers property taxes and insurance on the non subject property. - Due Diligence Vendor-XXXX<br>| XXXX |  | 60.94% LTV is below the maximum 80% LTV by 19.06%.<br> 22.31% DTI is below the maximum 50% DTI by 27.69%.<br> 754 Representative credit score exceeds the minimum required of 720 by 34 points | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | Yes |
| XXXX | XXXX | 4350119819 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Amendment to title policy provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br>Open-Title Coverage Amount of XXXX is Less than Loan Amount .<br> Missing title coverage on preliminary title commitment. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded - Seller-XXXX<br>| Resolved-Amendment to title policy provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Change of circumstance and loan estimate provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. CIC Uploaded - Seller-XXXX <br>Open-Appraisal fee increased from XXXX on the loan estimate (LE) to XXXX on the final closing disclosure (CD). Missing change of circumstance (COC). - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-Appraisal fee increased from XXXX on the loan estimate (LE) to XXXX on the final closing disclosure (CD). Missing change of circumstance (COC). - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. CIC Uploaded - Seller-XXXX<br>| Resolved-Change of circumstance and loan estimate provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved- - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test XXXX | Resolved-Change of circumstance provided, resolved. - Due Diligence Vendor-XXXX <br> Resolved-Resolved - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. Uploaded - Seller-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-he baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Missing COC. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded - Seller-XXXX<br>| Resolved-Change of circumstance provided, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded locked LE. This was in the original file sent - Seller-XXXX <br>Counter-Missing something that shows loan was locked and the date it was locked. There is only an initial loan estimate (LE) in file and it does not state it was locked and no change of circumstance (COC) in file showing loan was locked. - Due Diligence Vendor-XXXX <br>Ready for Review-We do not supply rate locks. Loans do not get locked. - Seller-XXXX <br>Open-Evidence of Rate Lock Missing Rate Lock Missing in the file required Rate Lock agreement. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded locked LE. This was in the original file sent - Seller-XXXX <br>Ready for Review-We do not supply rate locks. Loans do not get locked. - Seller-XXXX<br>| Resolved-Evidence of Rate Lock Provided - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Initial Closing Disclosure | Resolved-Initial closing disclosure provided, resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Uploaded initial and PCCD - Seller-XXXX <br>Open-TRID: Missing Closing Disclosure Required Initial Closing disclosure missing in the file. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Uploaded initial and PCCD - Seller-XXXX<br>| Resolved-Initial closing disclosure provided, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Loan does not conform to program guidelines | Resolved-Executed TIC agreement provided, resolved. - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. TIC Agreement is signed. Uploaded - Seller-XXXX <br>Open-Loan does not conform to program guidelines TIC agreement in file is not executed. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. TIC Agreement is signed. Uploaded - Seller-XXXX<br>| Resolved-Executed TIC agreement provided, resolved. - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119816 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-XXXX demand statement with break down of taxes and HOA used for taxes, resolved. - Due Diligence Vendor-XXXX <br> Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. The property is a TIC - Uploaded the taxes - Seller-XXXX <br> Open-Missing Evidence of Property Tax As per Title Document Page on # 594 Yearly tax amount on $ XXXX/12= XXXX , and the final 1008 shows taxes as $ XXXX monthly.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. The property is a TIC - Uploaded the taxes - Seller-XXXX<br>| Resolved-XXXX demand statement with break down of taxes and HOA used for taxes, resolved. - Due Diligence Vendor-XXXX <br>Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119824 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br> Ready for Review-Document Uploaded. COC - Seller-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX <br> Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is (XXXX). The Last CD shows a total lender credit amount of (XXXX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender credit decreased from XXXX in Revised CD page 171 to XXXX6.50 in Final CD page 161, provide COC to cure this fee. - Due Diligence Vendor-XXXX <br> Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. COC - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119824 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Compliance | TRID Tolerance | Insufficient Change of Circumstance XXXX | Resolved-Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. COC - Seller-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX <br>Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Appraisal Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Appraisal Fee increased from XXXX in Revised CD page 171 to XXXX in Final CD page 161, Provide COC for final cd to cure this fee. - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. COC - Seller-XXXX<br>| Resolved-Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119824 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-received full appraisal with pics - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Appraisal - Seller-XXXX <br>Open-Exterior and interior pictures not in file - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Appraisal - Seller-XXXX<br>| Resolved-received full appraisal with pics - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119824 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) received - short form - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Title Policy - Seller-XXXX <br>Open-Title Coverage Amount of XXXX is Less than Loan Amount Provide updated title as the loan amount is less than actual loan amount in title page 439. - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Title Policy - Seller-XXXX<br>| Resolved-Title Coverage Amount of XXXX is equal to or greater than Total Amount of Subject Lien(s) received - short form - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Second Home | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119821 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-There are Uncleared alerts in fraud report, provided updated fraud report, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX <br>Open-Per the GL XXXX page # 26 a clear fraud report is required. The fraud report in file (page # 480) is showing uncleared alert, provide updated fraud report.<br> - Due Diligence Vendor-XXXX | Ready for Review-Document Uploaded. Cleared Alerts - Seller-XXXX<br>| Resolved-There are Uncleared alerts in fraud report, provided updated fraud report, changes made in system, Finding Resolved - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119821 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | XXXX - Higher Priced Mortgage Loan (First Lien XXXX)(Conforming) | Resolved-This is a XXXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.737%) equals or exceeds the XXXX HPML threshold of (7.64%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.14%).(XXXX Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 584 and the Final Closing disclosure on Pg#'s 307-311 reflects escrows. Rate lock date was entered correctly – see Pg#'s 599 An interior and exterior appraisal was completed for this property – see pg 44-52, the appraisal disclosure was provided to the borrower(s)- see Pg#'25-56 , and copy of the appraisal was given to the borrower – see Pg#'s 389 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-This is a XXXX Higher-Priced Mortgage Loan (HPML). The loan's APR of (8.737%) equals or exceeds the XXXX HPML threshold of (7.64%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the last date the interest rate is set before consummation. The comparable APOR for this loan is (6.14%).(XXXX Fin. Code 4995(a); 12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 584 and the Final Closing disclosure on Pg#'s 307-311 reflects escrows. Rate lock date was entered correctly – see Pg#'s 599 An interior and exterior appraisal was completed for this property – see pg 44-52, the appraisal disclosure was provided to the borrower(s)- see Pg#'25-56 , and copy of the appraisal was given to the borrower – see Pg#'s 389 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119821 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information A | Compliance | HigherPriced:APR | Federal - Higher Priced Mortgage Loan (HPML)(First Lien XXXX)(Conforming) | Resolved-The loan's (8.737%) APR equals or exceeds the Federal HPML threshold of (7.64%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.14%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 584 and the Final Closing disclosure on Pg#'s 307-311 reflects escrows. Rate lock date was entered correctly – see Pg#'s 599 An interior and exterior appraisal was completed for this property – see pg 44-52, the appraisal disclosure was provided to the borrower(s)- see Pg#'25-56 , and copy of the appraisal was given to the borrower – see Pg#'s 389 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-XXXX <br>Open- - Due Diligence Vendor-XXXX |  | Resolved-The loan's (8.737%) APR equals or exceeds the Federal HPML threshold of (7.64%). The threshold is determined by adding 1.5 points to the comparable average prime offer rate index on the "last date the interest rate is set before consummation." The comparable APOR for this loan is (6.14%).(12 CFR 1026.35(a)(1)(i)) This loan failed the higher-priced mortgage loan test. (12 CFR § 1026.35(a)(1))Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. TRID Header Disclosure Page was entered correctly All disclosures, COC's, Fees, and dates are entered correctly. Borrower is Escrowing, escrow disclosures and loan information is on Pg#'s 584 and the Final Closing disclosure on Pg#'s 307-311 reflects escrows. Rate lock date was entered correctly – see Pg#'s 599 An interior and exterior appraisal was completed for this property – see pg 44-52, the appraisal disclosure was provided to the borrower(s)- see Pg#'25-56 , and copy of the appraisal was given to the borrower – see Pg#'s 389 for the copy of the disclosure. The loan meets HPML guidelines<br> - Due Diligence Vendor-XXXX<br>|  |  |  | XXXX | Primary Residence | Refinance | Cash Out - Other | XXXX | N/A | N/A |
| XXXX | XXXX | 4350119826 | XXXX | XXXX | Closed | XXXX | XXXX | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived- - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please see attached - Buyer-XXXX <br>Open-Audited LTV Exceeds Guideline LTV Audited LTV 75% Exceeds Guideline LTV of 70% - Due Diligence Vendor-XXXX |  |  | XXXX |  | 790 Representative credit score exceeds the minimum required of 760 by 30 points<br> XXXX reserves exceed the minimum required of XXXX exceeds the minimum by 77 months over the required minimum.<br> DSCR ratio of 1.42 exceeds the minimum requirement of 1 by 0.42 points.<br> Borrower has owned subject investment property 5 years. | XXXX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |
| XXXX | XXXX | 4350119826 | XXXX | XXXX | Closed | XXXX | XXXX | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 or Final Settlement Statement Document is Missing | Resolved-received final HUD - Due Diligence Vendor-XXXX <br>Ready for Review-Document Uploaded. please see attached - Buyer-XXXX <br>Open-Final HUD-1 Document is Missing. Final HUD-1 Document on page #263 is missing Page 2 of 3 & 3 of 3. Provide updated Final HUD-1 document with complete pages. - Due Diligence Vendor-XXXX |  | Resolved-received final HUD - Due Diligence Vendor-XXXX<br>| XXXX |  |  | XXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A |

---

## Exhibit 99.39

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.39**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Primary Appraisal Date** | **Primary Appraisal Type** | **Primary Appraisal Company** | **Primary Appraiser Name** | **Primary Appraiser License Number** | **Value for LTV** | **LTV** | **CLTV** | **Loan Reviewed Property Value** | **Loan Reviewed Variance Amount** | **Loan Reviewed Variance Percent** | **Loan Reviewed Product Type** | **Loan Post-Close Reviewed Property Value** | **Loan Post-Close Reviewed Variance Amount** | **Loan Post-Close Reviewed Variance Percent** | **Loan Post-Close Reviewed Product Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Date** | **Second Appraisal Type** | **AVM Appraised Value** | **AVM Variance Amount** | **AVM Variance Percent** | **AVM Confidence Score** | **FSD Score** | **AVM Company Name** | **AVM Product Name** | **AVM Appraisal Date** | **Desk Review Appraised Value** | **Desk Review Variance Amount** | **Desk Review Variance Percent** | **Desk Review Company** | **Desk Review Risk Score** | **Desk Review Appraisal Date** | **Desk Top Appraised Value** | **Desk Top Variance Amount** | **Desk Top Variance Percent** | **Desk Top Company** | **Desk Top Appraisal Date** | **BPO Appraised Value** | **BPO Variance Amount** | **BPO Variance Percent** | **BPO Company** | **BPO Appraisal Date** | **Field Review Appraised Value** | **Field Review Variance Amount** | **Field Review Variance Percent** | **Field Review Company** | **Field Review Appraisal Date** | **2055 Appraised Value** | **2055 Variance Amount** | **2055 Variance Percent** | **2055 Company** | **2055 Appraisal Date** | **AVE/CMA Appraised Value** | **AVE/CMA Variance Amount** | **AVE/CMA Variance Percent** | **AVE/CMA Company** | **AVE/CMA Appraisal Date** | **Completion Report (1004D) Date** | **Other Appraised Value** | **Other Variance Amount** | **Other Variance Percent** | **Other Appraisal Date** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Loan Collateral Advisor Risk Score Date** | **Collateral Underwriter Risk Score** | **Collateral Underwriter Risk Score Date** |
| XXXX | 4350119839 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 59.53 | 59.53 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.6 | XXXX |
| XXXX | 4350119805 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 0 | XXXX |
| XXXX | 4350119830 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX Eligible |  | XXXX |
| XXXX | 4350119840 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX |  |  | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119817 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119811 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119828 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 62.02 | 62.02 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119847 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 74.99 | 74.99 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119845 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119831 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2 | XXXX |
| XXXX | 4350119844 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119846 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55.95 | 55.95 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.2 | XXXX |
| XXXX | 4350119807 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119860 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 79.77 | 79.77 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2.1 | XXXX |
| XXXX | 4350119861 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 76.28 | 76.28 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119835 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119843 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.6 | XXXX |
| XXXX | 4350119848 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.4 | XXXX |
| XXXX | 4350119849 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.7 | XXXX |
| XXXX | 4350119804 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119813 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 58.63 | 58.63 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  | XXXX |
| XXXX | 4350119855 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 65 | 65 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.8 | XXXX |
| XXXX | 4350119808 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 33.33 | 33.33 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119832 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119806 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 46.97 | 46.97 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119853 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 74.89 | 74.89 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119854 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.7 | XXXX |
| XXXX | 4350119836 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.8 | XXXX |
| XXXX | 4350119812 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 70 | 70 | XXXX | XXXX |  |  | XXXX | XXXX |  |  | XXXX | XXXX | 0.0515 | XXXX | 1004 URAR |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119829 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119834 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119837 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 47.81 | 47.81 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2.2 | XXXX |
| XXXX | 4350119852 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | -0.0419 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | -0.0419 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119851 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 73.53 | 73.53 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119856 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119857 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119814 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.44 | 56.44 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119833 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible | 2.3 | XXXX |
| XXXX | 4350119859 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 90 | 90 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.9 | XXXX |
| XXXX | 4350119810 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 60 | 60 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1.5 | XXXX Eligible |  | XXXX |
| XXXX | 4350119809 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 55 | 55 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119858 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2 | XXXX |
| XXXX | 4350119838 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119827 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119850 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119820 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 85 | 85 | XXXX | XXXX | 0 | Loan Collateral Advisor (LCA) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  | 1 | XXXX Eligible |  | XXXX |
| XXXX | 4350119823 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 49.35 | 49.35 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Moderate Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119841 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 29.82 | 29.82 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119842 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 80 | 80 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | MODERATE RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119822 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 56.84 | 56.84 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1.7 | XXXX |
| XXXX | 4350119815 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 66.67 | 66.67 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | LOW RISK | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 1 | XXXX |
| XXXX | 4350119819 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 60.94 | 60.94 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119825 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119816 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1073 Individual Condo Report | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119824 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Collateral Underwriter (CU) | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX |  | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX | 2.1 | XXXX |
| XXXX | 4350119821 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1025 Small Residential Income Report | XXXX | XXXX | XXXX | XXXX | 59.26 | 59.26 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |
| XXXX | 4350119826 | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | XXXX | 1004 URAR | XXXX | XXXX | XXXX | XXXX | 75 | 75 | XXXX | XXXX | 0 | Desk Review | XXXX | XXXX |  |  | XXXX | XXXX |  | XXXX |  |  |  |  |  |  |  |  |  | XXXX | XXXX | 0 | XXXX | Low Risk | XXXX |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | XXXX |  |  |  |  |  |  |  |  |  |  |  | XXXX |  | XXXX |

---

## Exhibit 99.40

[COLT SECURITIZATION DEPOSITOR, LLC abs-15g](colt-abs15g.htm)

**Exhibit 99.40**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Deal ID** | **Seller Loan ID** | **Investor Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| XXXX | 4350119806 |  |  | XXXX | Borrower 1 First Name | notePage | XXXX | XXXX | Verified with ID name is XXXX. |
| XXXX | 4350119852 |  |  | XXXX | Borrower 1 FTHB | disclosuresPage | true | false | Confirmed Borrower 1 is FTHB  |
| XXXX | 4350119859 |  |  | XXXX | Borrower 1 Last Name | notePage | XXXX | XXXX | Confirmed with Note. |
| XXXX | 4350119811 |  |  | XXXX | Borrower 1 Self-Employment Flag | 1003OcrPage | No | Yes | DSCR loan, income not using for qualification hence updated no |
| XXXX | 4350119822 |  |  | XXXX | Borrower 1 Self-Employment Flag | employmentIncomePage | No | Yes | No employment for borrower, borrower income qualifying with asset utilization program. |
| XXXX | 4350119856 |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | disclosuresPage | XXXX | XXXX | Borrower 2 Employer 1 Yrs on Job is XXXX & Years in industry is XXXX. |
| XXXX | 4350119857 |  |  | XXXX | Borrower 2 Employer 1 Yrs on Job | disclosuresPage | XXXX | XXXX | Years in job is XXXX & Years in industry is XXXX. |
| XXXX | 4350119849 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | XXXX | XXXX | Confirmed updated as per Final 1003 |
| XXXX | 4350119832 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | XXXX | XXXX | Confirmed Updated from Final 1003 |
| XXXX | 4350119834 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | XXXX | XXXX | Borrower 2 Sex - XXXX verified from 1003 & ID. |
| XXXX | 4350119838 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | XXXX | XXXX | Borrower 2 Sex - XXXX verified from 1003 & ID. |
| XXXX | 4350119841 |  |  | XXXX | Borrower 2 Sex - Female | 1003OcrPage | XXXX | XXXX | Borrower 2 Sex - XXXX updated per Final 1003 |
| XXXX | 4350119811 |  |  | XXXX | Calculated DSCR | diligenceFinalLookPage | 1.45 | 1.85 | Received updated DSCR worksheet it is in line 1.45 |
| XXXX | 4350119823 |  |  | XXXX | First Payment Date | notePage | XXXX | XXXX | Confirmed First Payment Date is XXXX |
| XXXX | 4350119811 |  |  | XXXX | Interest Rate | notePage | 7.5 | 750 | Updated as per note |
| XXXX | 4350119808 |  |  | XXXX | Interest Rate | notePage | 6.5 | 650 | Interest rate 6.5 considered from note on page 741. |
| XXXX | 4350119814 |  |  | XXXX | Interest Rate | notePage | 6.875 | 687.5 | Interest rate updated as per Note document |
| XXXX | 4350119820 |  |  | XXXX | Interest Rate | notePage | 7.75 | 775 | True data is correct, verified from Note doc. |
| XXXX | 4350119815 |  |  | XXXX | Interest Rate | notePage | 6.875 | 687.5 | True data is correct, verified from Note doc. |
| XXXX | 4350119825 |  |  | XXXX | Interest Rate | notePage | 6.625 | 6.75 | Confirmed Interest Rate is 6.625% |
| XXXX | 4350119821 |  |  | XXXX | Interest Rate | notePage | 8.625 | 862.5 | Interest rate confirmed as 8.625. |
| XXXX | 4350119811 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program verified from loan approval and updated as XXXX - DSCR from drop down, |
| XXXX | 4350119808 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program considered from latest approval from page 680. |
| XXXX | 4350119814 |  |  | XXXX | Loan Program | businessPurposeApprovalandGuidelinePage | XXXX | XXXX | Loan program updated from drop down, tape and true data values matches. |
| XXXX | 4350119844 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119843 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350119849 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119855 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119832 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119853 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119829 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan type is DSCR |
| XXXX | 4350119858 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR Confirmed. |
| XXXX | 4350119827 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350119842 |  |  | XXXX | Loan Type | the1008Page | DSCR | Conventional | Loan Type is DSCR |
| XXXX | 4350119834 |  |  | XXXX | Monthly Hazard Insurance Premium | propertyInsurancePage | XXXX | XXXX | The Monthly Escrow Payment is not matching because the verified insurance premium is $XXXX annually ($XXXX per month), while the Final CD reflects a lower amount of $XXXX per month. However, using the higher verified amount does not create a discrepancy in DTI; therefore, no finding has been added. |
| XXXX | 4350119856 |  |  | XXXX | Monthly Hazard Insurance Premium | propertyInsurancePage | XXXX | XXXX | Monthly Hazard Insurance Premium is $XXXX |
| XXXX | 4350119811 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Updated as per note |
| XXXX | 4350119808 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date considered from note document from page 741 |
| XXXX | 4350119814 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date is updated as per note document |
| XXXX | 4350119810 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date updated as per Note document. |
| XXXX | 4350119809 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date is updated as per note document |
| XXXX | 4350119820 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, verified from Note doc. |
| XXXX | 4350119822 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | Note date considered from note document. |
| XXXX | 4350119815 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | True data is correct, verified from Note doc. |
| XXXX | 4350119821 |  |  | XXXX | Note Date | notePage | XXXX | XXXX | NOTE date is confirmed as XXXX |
| XXXX | 4350119804 |  |  | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Occupancy is investment, Originator QM Status needs to be ATR/QM: Exempt |
| XXXX | 4350119823 |  |  | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Originator QM Status is ATR/QM: Exempt |
| XXXX | 4350119825 |  |  | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | QM: Safe Harbor (SH) | Originator QM Status is ATR/QM: Exempt |
| XXXX | 4350119826 |  |  | XXXX | Originator QM Status | diligenceFinalLookPage | ATR/QM: Exempt | Non-QM: Lender documented all ATR UW factors | Occupancy is Investment, Originator QM Status needs to be ATR/QM: Exempt |
| XXXX | 4350119812 |  |  | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value is $XXXX |
| XXXX | 4350119825 |  |  | XXXX | Primary Appraised Property Value | propertyValuationPage | XXXX | XXXX | Primary Appraised Property Value is $XXXX |
| XXXX | 4350119834 |  |  | XXXX | Property Address | notePage | XXXX | XXXX | Property Address verified & matches tape data. |
| XXXX | 4350119856 |  |  | XXXX | Property County | deedOfTrustPage | XXXX | XXXX | Correct County is XXXX. |
| XXXX | 4350119857 |  |  | XXXX | Property County | deedOfTrustPage | XXXX | XXXX | Correct County is XXXX. |
| XXXX | 4350119805 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Updated per Appraisal document. |
| XXXX | 4350119811 |  |  | XXXX | Property Type | propertyValuationPage | Condominium High Rise | Condominium |  |
| XXXX | 4350119806 |  |  | XXXX | Property Type | propertyValuationPage | Single Family Detached | TIC | Property Type Considered From Appraisal report. |
| XXXX | 4350119853 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type Updated from Appraisal document |
| XXXX | 4350119829 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Confirmed Property Type updated from Appraisal |
| XXXX | 4350119856 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is 2-4 units verified from appraisal document. |
| XXXX | 4350119857 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type is 2-4 units verified from appraisal document. |
| XXXX | 4350119810 |  |  | XXXX | Property Type | propertyValuationPage | PUD | Single Family Detached | Updated as per 1004 document. |
| XXXX | 4350119827 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type updated from Appraisal  |
| XXXX | 4350119842 |  |  | XXXX | Property Type | propertyValuationPage | Two to Four Unit | Single Family Detached | Property Type updated from Appraisal |
| XXXX | 4350119860 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 79.77 | 79.7 | Calculated CLTV is 79.77. |
| XXXX | 4350119837 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 47.81 | 48 | Verified DTI 47.81% Loan Amount XXXX/ Appraised Value $XXXX = 47.81%  |
| XXXX | 4350119819 |  |  | XXXX | Qualifying CLTV | propertyValuationPage | 60.94 | 60.9 | Calculated CLTV is 60.94. Audited CTV matches final 1008. |
| XXXX | 4350119804 |  |  | XXXX | Qualifying FICO | creditLiabilitiesPage | 718 | 743 | Qualifying FICO is 718 as per the Qualifying FICO method which matches the 1008 document, True data is correct |
| XXXX | 4350119855 |  |  | XXXX | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 0 | 74.45 | DSCR file not required HTI |
| XXXX | 4350119860 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 79.77 | 79.7 | Calculated LTV is 79.77 |
| XXXX | 4350119837 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 47.81 | 48 | Verified DTI 47.81% Loan Amount $XXXX/ Appraised Value $XXXX = 47.81%  |
| XXXX | 4350119819 |  |  | XXXX | Qualifying LTV | propertyValuationPage | 60.94 | 60.9 | Calculated LTV is 60.94. Audited LTV matches final 1008. |
| XXXX | 4350119807 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 45.67 | 45.6 | Qualifying Total Debt Income Ratio Rounding the Value. |
| XXXX | 4350119860 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 42.1 | 41.6 | Calculated DTI is 42.1 |
| XXXX | 4350119861 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 41.99 | 41.9 | Calculated DTI is 41.99 updated tradelines as per gap credit report. |
| XXXX | 4350119855 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 0 | 319.19 | DSCR file not required DTI |
| XXXX | 4350119806 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 18.16 | 18.3 | Verified the DTI matches 1008. |
| XXXX | 4350119854 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 46.31 | 46.62 | Variance is with in Tolerance. Tradelines updated per credit report |
| XXXX | 4350119812 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 30.48 | 25.72 | DTI variance in decimal |
| XXXX | 4350119834 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 19.22 | 18.36 | Verified DTI is matching with 1008 DTi. |
| XXXX | 4350119841 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 49.52 | 49.31 | Tradelines updated per Credit report |
| XXXX | 4350119819 |  |  | XXXX | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 22.31 | 19.4 | Calculated DTI is 18.86 due to the 1008 calculating the primary residence mortgage and the negative cash flow from the subject property. All other monthly payments showing as $XXXX and per the credit report only showing $XXXX in other payments. Added the mortgage payment to the employment page for XXXX which was calculated as zero per 1008 and final 1003. |
| XXXX | 4350119811 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA $amount whereas true data shows PITIA. |
| XXXX | 4350119810 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data has considered PITIA amount. |
| XXXX | 4350119809 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Variance is HOA fee not included in Tape data |
| XXXX | 4350119822 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | Tape data excluding HOA fee in calculation. |
| XXXX | 4350119815 |  |  | XXXX | Qualifying Total Housing Expense PITIA | diligenceFinalLookPage | XXXX | XXXX | True data is correct, tape data was not included HOA amount whereas true data contains PITIA. |
| XXXX | 4350119843 |  |  | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or XXXX | Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350119855 |  |  | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or XXXX | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350119853 |  |  | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or XXXX | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350119842 |  |  | XXXX | Refinance Type | disclosuresPage | No Cash Out - Borrower Initiated | Limited Cash Out - <1% of Loan Amount or XXXX | Confirmed Refinance Type is No Cash Out - Borrower Initiated |
| XXXX | 4350119830 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | Alternative | Verified Doc Type is 2Year Full doc |
| XXXX | 4350119840 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Doc type updated as per loan program and documentation |
| XXXX | 4350119811 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | ALT DOC | DSCR loan, updated as per loan approval |
| XXXX | 4350119845 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Full Doc | Verified Doc Type updated as loan program and documentation |
| XXXX | 4350119844 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR  |
| XXXX | 4350119846 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type updated as per Loan program and documentation |
| XXXX | 4350119835 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR |
| XXXX | 4350119843 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR |
| XXXX | 4350119849 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR |
| XXXX | 4350119855 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR |
| XXXX | 4350119832 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | Alternative | Verified Doc Type is DSCR |
| XXXX | 4350119854 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | 2YR Full Doc | Confirmed Verified Doc Type is 12 Month Bank Statement as loan documentation |
| XXXX | 4350119836 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Confirmed Verified doc type is 12 Month Bank Statement |
| XXXX | 4350119834 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Income verified from 12 months bank statement. |
| XXXX | 4350119837 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | 2YR Full Doc | Verified Doc Type is Asset Depletion – Debt Ratio Calculation Confirmed. |
| XXXX | 4350119852 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Confirmed Verified Doc Type is 12 Month Bank Statement. |
| XXXX | 4350119851 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type is 12 Month Bank Statement |
| XXXX | 4350119814 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | ALT DOC | Non - DSCR Used for qualification hence document type updated as same |
| XXXX | 4350119859 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | Alternative | Verified Doc Type is 12 Month Bank Statement. |
| XXXX | 4350119850 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | 2YR Full Doc | Verified Doc Type is 1 year full doc confirmed. |
| XXXX | 4350119820 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for qualification and hence doc type updated the same. |
| XXXX | 4350119841 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Asset Depletion – Debt Ratio Calculation | 2YR Full Doc | Confirmed Verified Doc Type is Asset Depletion – Debt Ratio Calculation |
| XXXX | 4350119842 |  |  | XXXX | Verified Doc Type | employmentIncomePage | Debt Service Coverage Ratio | 2YR Full Doc | Verified Doc Type is DSCR |
| XXXX | 4350119815 |  |  | XXXX | Verified Doc Type | employmentIncomePage | 12 Month Bank Statement | ALT DOC | True data is correct, 12 months bank statements are used for qualification and hence doc type updated the same. |

---